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Results for "Thames Water"

10 stories found

Investor Urges Thames Water Administration Over 'Bad Deal'
FinanceBBC3d ago

Investor Urges Thames Water Administration Over 'Bad Deal'

An investor in Thames Water has publicly stated that the utility company should go into administration, warning that it is 'sleepwalking' into a 'bad deal' for its customers. This call highlights significant concerns about the company's financial health and its service provision.

Ofwat Considers Waiving Thames Water Fines Until 2030
PoliticsFTThe Guardian16d ago2 sources

Ofwat Considers Waiving Thames Water Fines Until 2030

Ofwat is reportedly poised to waive fines for Thames Water until 2030 as part of a potential deal, with the deadline for approving creditors' emergency offer for the utility company fast approaching in October.

Thames Water lenders float new £10bn rescue plan
BusinessThe Guardian1mo ago

Thames Water lenders float new £10bn rescue plan

Latest effort involves paying off fines worth hundreds of millions of pounds as part of bid to stave off financial collapse Business live – latest updates Thames Water’s lenders have put forward a £10bn rescue plan that would involve paying off the troubled water company’s hundreds of millions of pounds-worth of fines for leaks and pollution, as part of an effort to stave off financial collapse. A group of private equity firms and investment groups said they would inject about £3.35bn of ca...