HISTORICAL FACTS: 18 | History Defined

Appeal court rules in favour of £3bn bailout for Thames Water

Judges dismiss appeal from campaigners who argued ‘eye-watering’ cost of loan was not in public interest

The Guardian - UK · Mar 17, 2025

Thames Water's "Class B" creditors consider Supreme Court appeal after losing restructuring challenge

The bondholders say they need to see the wording of the Court of Appeal dismissal before making a decision that could prolong legal wrangling

Evening Standard · Mar 17, 2025

Thames Water restructure approval challenge dismissed at Court of Appeal

In February, a High Court judge sanctioned a plan proposed by the parent company of Thames Water Group allowing the utility to stay afloat.

Evening Standard · Mar 17, 2025

Sadiq Khan unveils £7m fund in bid to clean up London's rivers

Funding comes as the mayor hosts a roundtable summit with Thames Water and other agencies - but is criticised for failing to include the London Assembly

Evening Standard · Mar 13, 2025

Thames Water faces wait to discover if restructure approval will be overturned

Three senior judges will hand down a ruling in writing over whether the decision to approve Thames Water’s restructuring should be overturned.

Evening Standard · Mar 13, 2025

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 · Mar 11, 2025

Thames Water faces court claim that £3bn bailout is ‘poor, short-term fix’

Campaigners to argue in court of appeal that plan is not in public interest and special administration is best option

The Guardian - UK · Mar 11, 2025

April is the cruellest month: Millions of Londoners face perfect storm of bill rises within weeks

Energy and water bills, council tax, train fares, broadband, mobile, and even alcohol duties are set to increase on or around April 1

Evening Standard · Feb 25, 2025

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 · Feb 21, 2025

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 · Feb 19, 2025