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Thames Water secures £3bn lifeline

UK's Thames Water wins approval for 3 billion pound debt lifeline

Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the collapse and state rescue of the country's biggest water supplier.

BBC · 22h

Thames Water secures £3bn lifeline after court ruling

Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.

Oxford Mail on MSN · 1d

Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ terms

Oxfordshire's water company Thames Water has won approval for a high-cost £3billion loan to save it from collapse, as an Oxfordshire MP hits out against it.

Swindon Advertiser on MSN · 1d

Thames Water secures £3bn lifeline despite plans to increase bills

Swindon's water supplier Thames Water is set to be loaned billions of pounds at the same time the company seeks to hike prices.

Euronews on MSN · 1d

Thames Water: Judge approves emergency plan to keep UK's largest water firm afloat

Thames Water, which serves 16 million customers in and around London, was seeking court approval for billions of pounds in rescue loans to prevent it from being nationalised when it runs out of cash next month.

Sky7d

Thames Water faces investigation over late delivery of environmental schemes

Thames Water is being investigated over late delivery of environmental improvement schemes, the industry regulator has announced. Ofwat said the enforcement case against the company, currently ...

Reuters5d

UK's Thames Water lodges appeal to try to raise customer bills

LONDON, Feb 14 (Reuters) - British utility Thames Water lodged an appeal to the country's competition regulator on Friday, beginning a process to try to raise the prices it can charge customers ...

Metro7d

Fights break out at bottle station after Londoners without water for a second day

Thames Water has said they have had to close their distribution hub in Sainsbury’s car park in Lower Sydenham after ‘security incidents’ as desperate customers foughtfor their share.

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Thames Water secures £3bn lifeline

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