Thames Water has warned the government that it faces bankruptcy if it is not allowed to raise bills by more than agreed with regulator Ofwat. The UK’s biggest water company will put it’s prices up by ...
(Bloomberg) -- Thames Water Utilities Ltd. was slapped with a penalty of £56.8 million ($74.4 million) by its regulator, just as the beleaguered UK supplier seeks billions of pounds in equity to avoid ...
LONDON, Aug 6 (Reuters Breakingviews) - Fixing Thames Water is tricky, but possible. The indebted UK utility’s struggles to raise the 3.25 billion pounds it needs risk an imminent implosion, ...
The CEO of Thames Water suitor Castle Water has pledged to inject an extra £1billion to help tackle the embattled utility's ...
A hosepipe ban has been lifted after being in place for four months. Thames Water has removed the Temporary Use Ban in parts ...
Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, according to people familiar with the matter. While ...
Linklaters and other top law firms are set to return to court as junior creditors and an MP challenge the £3 billion Thames Water rescue package approved by London's High Court yesterday, arguing for ...
One of the rescue bidders for Thames Water has written to the High Court in London questioning the feasibility of finding new equity for the beleaguered utility by April. Covalis Capital LLP is one ...
LONDON, Oct 25 (Reuters) - Thames Water said on Friday it had lined up a financing lifeline of up to 3 billion pounds with some of its creditors, in a deal which if approved by will help Britain's ...
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