REVEALED: 26 | Vintage Vibes

Debt, sewage and dividends: the rising tide of Thames Water’s troubles

In the second part of our focus on the water industry, we chart the decline of one of the UK’s major utility companies, now on the brink of restructuring or renationalisation

The Guardian - UK · Jul 11, 2024

Do not let Thames Water’s bondholders wriggle off the hook

Nils Pratley: Bondholders are hoping to escape intact if Ofwat is sufficiently generous with its increases in bills

The Guardian - UK · Jul 10, 2024

Thames Water fails to complete 108 upgrades to ageing sewage works

Exclusive: Fears customers will end up paying twice for work needed in order to comply with legal pollution limits

The Guardian - UK · Jul 10, 2024

Thames Water to tap investors for funds as it will run out of cash by next June

Company is laden with £15.2bn of debt, up £1.3bn on the previous year, most of which could be added to the public purse

The Guardian - UK · Jul 9, 2024

Poor state of Thames Water a ‘critical risk’ to UK, Starmer and Reeves told

Exclusive: Whitehall warns firm’s deteriorating infrastructure and £15.6bn debt pose urgent problem

The Guardian - UK · Jul 8, 2024

Keir Starmer urged to act on water bill rises in England and Wales

Stephen Fry and other celebrities join unions and activists in calling on PM to launch review of water ownership

The Guardian - UK · Jul 8, 2024

Thames, Tata, Shein – it won’t be business as usual for Labour’s Jonathan Reynolds

The new business secretary will have big calls to make within a few days of sitting down at his desk

The Guardian - UK · Jul 6, 2024

The six most urgent problems facing the UK that Starmer’s new government needs to fix

Keir Starmer’s Labour party has won the UK general election in a landslide. Its huge majority should, in theory, give Starmer the clout to see through most of his political agenda. But in reality, the victory celebrations might prove short-lived, given the size of the challenges in front of him.

The Conversation · Jul 5, 2024

Chalfont St Giles: why one of England’s best-kept villages absolutely stinks

The village has been voted the most shipshape in Buckinghamshire six times. But a terrible smell has forced it to withdraw from this year’s competition

The Guardian - UK · Jul 2, 2024

Thames Water accused of ‘chicanery’ over £150m dividend payment

Debt-laden utility urged to show greater transparency as it faces investigation by industry regulator Ofwat

The Guardian - UK · Jul 1, 2024