Thames Water will likely end up paying around £200 million ($250 million) to advisers by the middle of this year, as the firm looks to find an equity investor and cut its liabilities. The ...

Thames Water should be placed into administration as plans to restructure the struggling utility are a “poor short-term fix” and a “bridge to nowhere”, an MP’s barristers have told the ...

Thames Water is seeking a court’s approval of restructure plans (Andrew Matthews/PA) Thames Water should be placed into administration as plans to restructure the struggling utility are a ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is at present spending £15mn a month on lawyers and other advisers and the eventual bill for ...

Thames Water looks for an emergency cash injection through courts Thames Water will seek approval for an emergency cash lifeline in court on Monday as it faces running out of money in four weeks ...

LONDON, Feb 3 (Reuters) - Thames Water asked an English court on Monday to approve a debt lifeline worth up to 3 billion pounds ($3.7 billion), at the beginning of a four-day hearing it hopes will ...

A four-day court hearing begins on Monday to determine whether to rubber-stamp £3billion in emergency loans for Thames Water. Britain's biggest water utility company, which has around £17billion ...

MPs have urged the High Court to avoid saddling Thames Water’s customers with an extra £250 a year by allowing it to take on an extra £3billion debt. The parent company of England’s largest ...

Britain's biggest water company could run out of money in just six weeks, the High Court has been told. Thames Water has applied to a judge to approve its plans to secure a £3billion cash loan ...

Thames Water, the beleaguered UK utility that has been struggling with mismanagement for years, is set to ask a London court to approve a plan that would see it borrow as much as £3 billion ($3.7 ...

Thames Water could run out of money within weeks if a deal to restructure the company cannot be agreed, the High Court has been told. The firm, which is responsible for London’s water supply, is stuck ...