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Thames Water: big bonuses due from emergency £3bn loan ‘withdrawn’

Environment secretary makes announcement after company’s chair said he ‘may have misspoken’ to MPs

The Guardian - UK

Thames Water chair could face questions after comments to MPs on bonuses

Exclusive: Sir Adrian Montague told select committee paying bonuses out of emergency £3bn loan was insisted upon by creditors

The Guardian - UK

Thames Water restructuring plan should not have been approved, court told

A group of Thames Water’s creditors and others are appealing against a decision by the High Court to sanction a plan to keep the company afloat.

Evening Standard

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Judge blasts Thames Water as financial cliff-edge deadline looms

Thames Water’s barrister told not to “dictate” the timing of crucial hearing

Evening Standard

Group of Thames Water creditors lose alternative restructuring plan bid

The utility – England’s biggest water company – had a restructuring scheme involving up to £3 billion in loans sanctioned on Tuesday.

The Independent UK

Thames Water among six water firms urging watchdog for higher bill increases

Thames Water urged regulators to allow them to raise customers bills hours after a High Court judge approved a £3 billion loan to the firm.

Evening Standard

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

The emergency funding deal prevents Thames Water from falling into temporary nationalisation, but opponents have said they will appeal the ruling.

Evening Standard

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Thames Water creditors given go-ahead to appeal against restructuring approval

A High Court judge approved plans to restructure the utility through a loan of up to £3 billion earlier on Tuesday.

Evening Standard

MP says he intends to appeal against approval of Thames Water restructure plans

Barristers for Liberal Democrat MP Charlie Maynard previously told the court the company should be put into special administration.

Evening Standard

Fury as ‘profit-thirsty zombie’ Thames Water kept afloat by £3bn bailout

Restructuring plan enables struggling utility to keep operating just weeks before it was set to run out of money

The Independent UK

Thames Water restructuring approved by High Court judge

The High Court previously heard that Thames Water could go into special administration if its restructuring plan was not approved.

The Independent UK

Two former BHS directors ordered to pay at least £18m over wrongful trading

Ruling comes eight years after the retailer collapsed into administration owing creditors, including its pension fund, more than £1bn

The Guardian - UK

Strictly Come Dancing star Amanda Abbington 'confirms' Ellie Leach and pro partner Vito Coppola romance

The dancing duo's working relationship has reportedly 'turned personal'

Evening Standard

Judge adjourns latest round in Sir Frederick Barclay’s money fight with ex-wife

Sir Jonathan Cohen was told the retired businessman had made a ‘proposal’ and said he would reconsider the case next month.

The Independent UK

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Pedestrian.tv

In Peak Creepy Crawly, An Aussie Bride Found Not 1 But 3 (!!!) Leeches Under Her Wedding Dress

Remove them from the seating plan ASAP.

Sports Illustrated

NFL Wants Flag Football Included in 2028 Summer Olympics

This idea is a part of the league’s 10-year international growth plan in order to increase the number of football fans around the world.

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