The proposal, submitted to Ofwat, includes investment firms such as Aberdeen, Elliott Management, and BlackRock offering to overhaul £17 billion of Thames Water’s debts.

A brave couple saved the lives of six people after a boat exploded on the River Thames. Josh Hobbs, 35, and Hannah Lloyd-Hobbs, 34, both jumped into the river to rescue four children and two ...

A group of Thames Water’s major creditors have put forward a sweeping, multibillion-pound rescue deal, while calling for forgiveness of historic fines from Ofwat.

The creditors are also asking for changes to Thames’s licence, which would provide added protection against Ofwat fines and penalties and would allow them to raise prices at any time before 2030.

A group of Thames Water’s major creditors have put forward a sweeping, multibillion-pound rescue deal, while calling for forgiveness of historic fines from Ofwat. Major investment firms, including ...

Thames Water lenders demand reprieve on fines in £17bn rescue deal Ofwat urged to consider ‘regulatory reset’ after struggling utility giant hit with record penalty Gift this article free ...

The government has "stepped up" preparations for the potential temporary nationalisation of Thames Water, the environment secretary has said. Speaking in Parliament on Thursday, Steve Reed said ...

The proposal, submitted to Ofwat, includes investment firms such as Aberdeen, Elliott Management, and BlackRock offering to overhaul £17 billion of Thames Water’s debts. The firms would invest £3 ...

The creditors’ plan would see them invest £20.5 billion into Thames Water over the next five years while keeping bills at levels agreed with Ofwat during the same timeframe.

Thames Water, Yorkshire Water, Anglian Water, Wessex Water, United Utilities and Southern Water all face the restriction on performance-related pay but Ofwat cannot prevent lost earnings being ...