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 ...
The average Londoner might be shocked to hear that, over the past two hundred years, hundreds of human bones have been discovered in the River Thames. As new research shows, a sizable portion of ...
(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).
Thames Water has won court approval to secure an emergency £3bn debt package from its biggest creditors – a decision campaigners have slammed as mere “stay of execution” for the company. The cash ...
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 ...
Thames Water's creditors and an MP will be able to appeal a High Court judge's ruling that the company can be restructured with a £3bn loan despite its "eye-watering" interest rate. The utility ...
Tonight will see a mix of variable clouds and clear spells. It will be a cold night with the continued chance of the odd shower drifting in from the north. Thursday Tomorrow looks to have a mix of ...
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 ...
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 ...
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 ...
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 ...
Thames Water’s plans for a £3 billion loan have been approved by a judge, designed to prevent it from going bust in the near future. The deal was approved in the High Court on Tuesday, which ...
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