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. Thames Water’s restructuring plans have been approved by the High Court ...
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 ...
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 ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. KKR has submitted a preliminary £4bn equity bid to take a majority stake in Thames Water, as the US ...
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 ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
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