Thames Water wins court backing for £3bn debt package Deal approved at high court gives company £1.5bn in upfront cash to stave off collapse The Guardian - UK · Feb 18, 2025
Thames Water to discover if restructuring plan has been approved on Tuesday The High Court heard several days of arguments over whether the plan should be approved earlier in February. Evening Standard · Feb 17, 2025
Woman without water for three days calls Thames Water bill hike proposal ‘greed’ Several Thames Water customers have been without water for days after a water pipe burst. Evening Standard · Feb 14, 2025
Thames Water launches appeal for permission to raise bills even higher Struggling firm to appeal to competition watchdog to hike fees by more than Ofwat-approved 35% over next five years The Guardian - UK · Feb 14, 2025
Thames Water asks watchdog to let it charge even higher bills It said steeper increases than the 35% already granted over the next five years is ‘in the interests of our customers and the environment’. Evening Standard · Feb 14, 2025
Cash-strapped Thames Water asks watchdog to let it charge customers even more It said steeper bill increases is ‘in the interests of our customers and the environment’ The Independent UK · Feb 14, 2025
Thames Water appeals to CMA over regulator's decision on bills Thames says Ofwat’s ruling “does not support the investment and improvement that is required for Thames Water” Evening Standard · Feb 14, 2025
UK could face Trump VAT tariff hit; pound hits 2025 high – as it happened Live, rolling coverage of business, economics and financial markets as sterling rises on surprisingly weak US retail sales and Thames Water appeals to raise bills further The Guardian - UK · Feb 14, 2025
Thousands of Londoners face being without running water for four days Thames Water says it has fixed the leak but warns some customers may still experience a temporary loss of water Evening Standard · Feb 13, 2025
A state clean-up may be the best bet for Thames Water Temporary nationalisation isn’t guaranteed to deliver shock needed, but upgrading operations is priority lost in legal drama The Guardian - UK · Feb 12, 2025
Thousands of people left without water in six London postcodes after Thames Water pipe bursts Many households in the SE19, SE20, SE23, SE26, SE27 and SW16 areas have been left without running water Evening Standard · Feb 12, 2025
Thames Water investigated over delayed river clean-up schemes Regulator Ofwat’s enforcement case into whether company breached obligations follows Guardian investigation The Guardian - UK · Feb 12, 2025
Watchdog opens new probe into Thames Water over delays to environmental work The regulator said it would probe whether delays to the plans mean England’s largest water firm has breached its licence. Evening Standard · Feb 12, 2025
Thames Water facing new investigation over delays to environmental schemes Of 812 customer-funded schemes, the company says it won’t be able to complete about 100 The Independent UK · Feb 12, 2025
Evening Standard · Feb 12, 2025 New blow for Thames Water as watch-dog threatens huge fines over environmental failings Utility could face huge fines as a result of enforcement action by Ofwat
The Guardian - UK · Feb 12, 2025 US inflation unexpectedly rises to 3% in January – as it happened Surprise rise in inflation on the back of higher food prices makes Federal Reserve interest rate cuts less likely, in a blow to Donald Trump
The Guardian - UK · Feb 10, 2025 Feeding frenzy: how army of advisers is making millions from Thames Water Court case points to sizeable fees being racked up as firm seeks £3bn loan to try to avoid temporary nationalisation
The Guardian - UK · Feb 8, 2025 Thames Water chairman accused of conflict of interest over £37m share dividend payment Defra officials concerned about ‘conflicted position’ of Sir Adrian Montague over dual role chairing holding company
The Guardian - UK · Feb 6, 2025 Thames Water may get just £500m in usable cash by borrowing £1.5bn, court told Struggling firm’s resources to be depleted due to expensive fees and interest costs in restructuring deal
The Guardian - UK · Feb 4, 2025 Thames Water may need £10bn investment to repair finances, high court hears Struggling company may require significantly more resources than roughly £6.3bn it previously indicated
The Guardian - UK · Feb 3, 2025 Thames Water ‘putting gun to head’ of court over £3bn debt, investors claim Water company argues that its favoured offer should be approved or it will face temporary nationalisation
The Independent UK · Feb 3, 2025 Thames Water restructure plans a ‘bridge to nowhere’, MP’s barristers tell court Barristers for Charlie Maynard, MP for Witney in Oxfordshire, told the High Court that plans to restructure the utility were a ‘poor short-term fix’.
The Independent UK · Feb 3, 2025 Thames Water running out of money ‘a risk which cannot be run’, High Court told The High Court will consider whether to sanction plans to restructure the utility following a four-day hearing in London.
The Guardian - UK · Feb 3, 2025 Campaigners to use Thames Water high court case to push for temporary nationalisation Judge to rule on utility’s plea for £3bn debt lifeline as MPs and charities say emergency loan too costly for customers
Evening Standard · Feb 1, 2025 Shepherd’s Bush chaos as Thames Water engineers struggle to fix massive burst main Leaks still bubbling away on Monday morning after dramatic 60ft ‘geyser’ erupted from a burst water main at Shepherd's Bush Green