Thames Water, which was due to run out of money, has been given a lifeline after a £3bn loan was approved by the High Court. The loan gives the UK's biggest water provider time to sort out its ...

It's was crunch time for the UK's biggest water provider Thames Water as its fate was announced on Tuesday morning. Thames Water finances hung in the balance with debts of £16bn and existing ...

(Bloomberg) -- Cash-strapped Thames Water bought itself some more time to reorganize its debts after a London judge approved an emergency loan worth as much as £3 billion ($3.8 billion).

By Alexander Nazaryan The banks of the Thames River have hosted human settlements for thousands of years, from Neolithic huts to the soaring skyscrapers of London. Evidence of bygone civilizations ...

The litany of problems at Thames Water include a near £20bn debt pile, persistent sewage leaks and ageing infrastructure. KKR has offered £4bn for a majority stake in the crisis-hit utility ...

Thames Water has secured court approval for a £3billion debt lifeline, warding off nationalisation in the short term and giving it time to sort out its finances. The debt lifeline, provided by ...

Protesters gather outside the Rolls Building as the court decides to approve a £3billion loan (Picture: Shutterstock) Thames Water has been given a £3billion loan just weeks before it was due to ...

The new funding is designed to stop Thames Water going bust in the short term. Thames Water has been at the centre of a growing scandal in the wider water industry. Bills will climb steeply over ...

Like Queen Elizabeth, she loves horses and a great tiara moment. Meghan Markle's refreshed lifestyle brand has a logo with a meaningful symbol. On Feb. 18, the Duchess of Sussex announced that she ...

Thames Water, with 16 million customers, already has debts of £19 billion, as ITV News reporter Aisha Zahid explains Thames Water has won approval to borrow £3 billion to prevent imminent ...

KKR (KKR) offered to inject $5B into Thames Water for a majority stake, Priscila Azevedo Rocha, Dinesh Nair and Giulia Morpurgo of Bloomberg report, citing people familiar with the matter.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s CK Infrastructure has made a preliminary £7bn bid to take a majority stake in Thames Water ...