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UNBELIEVABLE: 24 | History Defined

Thames Water on road to state rescue amid investor standoff with Ofwat

After regulator resists 40% increase in bills, shareholders deny request for more money – raising prospect of nationalisation

The Guardian - UK

What my parents didn’t do in the war

Brief letters: Bletchley Park’s Fusion Room | Queen’s Park Rangers | A new Boat Race tradition | Thames Water | One-way ticket to Rwanda

The Guardian - UK

UK's Biggest Water Supplier Plunges Into Deeper Financial Crisis

Debt-plagued Thames Water has failed to raise a major cash injection from shareholders, it revealed Thursday, blaming industry regulations that made its rescue plan "uninvestable".

International Business Times

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Thames Water boss under fire as he says bills have to go up by 40%

The Communities Secretary branded the water company’s leaders ‘a disgrace’ and claimed the firm had acted in an ‘arrogant way’ towards its customers

Evening Standard

Oxford coach blasts Thames pollution as a national disgrace ahead of Boat Race with Cambridge

NEW DELHI: The coach of Oxford's crew participating in the Boat Race has condemned the pollution in London's River Thames, labeling it a "national disgrace." Concerns arose after testing conducted by a campaign group revealed elevated levels of E.coli along a segment of the Thames in southwest London, where the…

The Times of India

Financial Crisis At UK's Biggest Water Supplier Worsens

Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".

International Business Times

Who will win in standoff between Thames Water’s investors and watchdog?

Ofwat denies shareholder demands for higher bills and looser environmental regulation

The Guardian - UK

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OPINION - The Standard View: Failing Thames Water has been rinsing us all

Thames Water, like other water companies, had no debt at the time of privatisation. But since 1989, these utility firms have borrowed vast sums to pay out more than £65 billion in dividends. Privatisation was of course supposed to drive investment. Instead it has fallen. Taxpayers and bill payers have been…

Evening Standard

Oxford Coach Decries Thames Pollution Ahead Of Boat Race

Oxford Boat Race coach criticizes Thames pollution, raising health concerns and calls for action. E.coli contamination and sewage spills prompt worries for...

Top News

Thames Water investors pull plug on £500m of funding amid standoff with regulator

Decision increases concerns about financial future of UK’s biggest water firm and increases prospect of nationalisation

The Guardian - UK

Michael Gove has ‘zero sympathy’ for ‘arrogant’ Thames Water in funding crisis – as it happened

Live, rolling coverage of business, economics and financial markets as minister says water company’s leadership has been a ‘disgrace’

The Guardian - UK

Thames Water 'teetering on the brink of collapse' as shareholders pull survival funding

An MP called for the firm to be put into special administration

Evening Standard

Regulators urged to act over water companies’ record sewage discharge

Government asked to put ‘people and planet before profits’ as analysis shows potential illegal discharging of raw sewage

The Guardian - UK

Water companies in England face outrage over record sewage discharges

Call for environmental emergency to be declared after data reveals 105% rise in raw sewage discharges over past 12 months

The Guardian - UK

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Evening Standard

The Boat Race 2024: E.coli outbreak leads to safety advice from organisers

Traditional celebration by some winning crews could be a thing of the past

The Guardian - UK

Boat Race organisers warn rowers not to enter water after E coli discovery

Boat Race organisers have issued new safety guidance for the race on Saturday, warning rowers not to enter the water and to cover any open wounds

The Guardian - UK

The fate of Thames Water hangs in the balance. So what are its options?

Troubled utilities firm at risk of running out of money by end of April or of cash crunch

The Guardian - UK

Put Thames Water into special administration, Lib Dems tell ministers

Party calls for firm to be wound up as it seeks shareholder bailout, higher bills and lower fines

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The Guardian - UK

Water firms’ profits in England and Wales almost double since 2019, find Lib Dems

Party to call for measures to stop companies prioritising profit over environment at spring conference

The Guardian - UK

Wednesday briefing: How ‘unprecedented’ vet costs have made pets almost unaffordable

In today’s newsletter: As a watchdog says it will investigate ‘unprecedented’ complaints about the cost of owning a pet, here’s how prices got out of control

The Guardian - UK

‘I’ve seen solid waste float by’: Surrey riverside residents try to Stop the Poo

The sewage treatment works at Horley seem to be crumbling, much like owner Thames Water itself

The Guardian - UK

Come clean on secret taxpayer rescue plans for Thames Water, MP demands

Exclusive: Sarah Olney to press in parliament for details of scheme being drawn up in event of supplier’s collapse

Evening Standard

Thames Water refuses to contribute to £180million anti-pollution fund

The Government is reportedly ‘dissapointed’ in the company’s decision

The Guardian - UK

Thames Water accused of ‘misleading’ customers over level of debt payments

Britain’s biggest water company said just 3p in every pound that appeared on bills went to its lenders

The Guardian - UK

Thames Water absent from industry’s £180m anti-pollution drive

Ministers disappointed by decision of one of worst sewage dumpers not to join England-wide initiative

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