Creditors table £17bn plan for Thames Water but call for regulatory leniency - The lenders in the utility are proposing to invest another £3 billion in new equity and £2 billion of funding, but ...

The normally lively waterway is now a cracked, barren bed overrun with weeds, leaving locals worried about the environmental and community impact.

When Thames Water was privatized in 1989, its slate of debt was wiped clean. Its indebtedness remained below the industry average until it was acquired in 2006 by Kemble, a consortium led by funds ...

Bosses at the largest water firm in the UK, Thames Water, have been told by an Oxfordshire and other MPs to get back bonuses given earlier this year.

Thames Water's creditors have offered it a rescue deal worth about 5 billion pounds ($6.7 billion), and they, along with Thames Water, are in talks with Ofwat.

Thames Water is to tap shareholders for £1.5bn of new equity in an effort to accelerate its transformation plan, months after it was hit by the latest in a string of regulatory fines.

Crisis-hit Thames Water has reported a £1.65bn annual loss, rising debts, and warned that it will take "at least a decade" to turn around its fortunes if it swerves the threat of nationalisation.

Water companies and their investors could see potential deals face extra scrutiny under plans to add the industry to a list of sensitive sectors. It comes amid an overhaul of regulation for the ...

Thames Water will be allowed to hike consumer bills by 35pc by 2030 following the decision by the industry regulator, as it was also handed an £18.2m fine for paying “unjustified” dividends ...

June 10, 2025 at 12:01am BST A group of Thames Water lenders have put forward plans for a multibillion-pound rescue deal of the troubled supplier that would see them pump in new cash but ask for ...

But the creditors are asking for leniency on performance targets and compliance, and warned that without a “regulatory reset” Thames Water’s “pollutions, asset health deterioration, and ...