Thames's decision to bring in restructuring bankers underlines the potential funding crisis facing Britain's biggest water company just days after the threat of being nationalised by a hard-left Labour government evaporated. John McDonnell, the shadow chancellor, had vowed to seize control of Britain...
Read more: Bleeding Britain: Local governments struggle as funding crisis worsens – Matthew BrookerThe regulator’s refusal to buckle might be counted a surprise. The government can hardly welcome turmoil at the country’s largest water company, supplier to 16 million people in London and the ...
Crisis-hit Thames Water has warned its cash remains on track to run dry by the end of May next year due to a lack of new investment, forcing it to prepare a plan for its lenders. The country's biggest water company, which serves almost a quarter of the population, previously said it ...
"Whilst this is not a legal commitment to fund…the [Thames Water] board believes it is reasonable to incorporate this additional £1bn of equity funding in its assessment." The company has not paid a dividend to its owners for the last six years. Thames Water is not the only major w...
The crisis at Thames Water is presenting Sir Keir Starmer's administration with a challenge as the debt-laden company attempts to avert temporary nationalisation. More on Thames Water Thames Water receives buyout offer from Covalis Capital ...
Have you ever dreamed of dozing off as you sail along one of the UK's busiest water highways in an eclectic bright blue cottage replete with a lawn, wisteria over the door and an apple tree? For five days and nights, between the 18th and 23rd May, this dream will come to life in ...
The simmering crisis at Thames Water erupted last week whenSky News exclusively revealedthat its shareholders had decided not to proceed with a promised £500m equity injection into the company amid an impasse with Ofwat, the industry regulator. ...
rivers being a big contributor – I wanted to highlight the problem of plastic pollution at a very local level. If we can address the issue from our doorsteps we are improving the desirability of our inland waterways, protecting habitats for wildlife and helping to combat a global crisis. ...
Part of the Thames Path Challenge Registration Open Putney Bridge - Tower Bridge 25 km & 16 Bridges Food & Drink Walk Only Join 2500 walkers and trek across the Capital taking in unrivalled views of the skyline, and historic landmarks. Setting out from Putney Bridge start we head East towa...
Thames regions take over London initiative \\u00a0 Londoners call for independent inquiry into health crisis \\u00a0 Government refuses to meet students on... Thames regions take over London initiative {#article-title-2}At the end of March the London Implementation Group will formally hand ...