Troubled utility tells court hearing for emergency loan that restructuring costs could top £200mn
Creditors criticise “ransom terms” on up to £3bn in funding as the utility faces running out of cash
Government is bracing for a possible renationalisation of the UK’s biggest water company
Environmental campaigners argue it makes more sense for debt-laden utility to be temporarily renationalised
UK’s debt-laden utility warns it will raise salaries if bonus restrictions are enforced by regulator Ofwat
Comparison with Bulb government loans gives exaggerated forecast, experts claim
Class B bondholders have filed their own restructuring plan for the troubled utility
Ofwat has not given heavily indebted Thames Water the increase in customer payments it was seeking
Customer charges to increase by an average of £31 a year before inflation between now and 2030
Troubled utility seeks approval for ‘urgent’ £3bn loan from its top-ranking lenders
It’s back to the 1980s in the UK with the Royal Mail sale
Junior bondholders are planning to challenge emergency £3bn loan in court next week
Populist party’s deputy leader says heavily indebted utility should ‘be put out of its misery’
Junior bondholders to mount a rival plan as utility asks judge to sign off on restructuring
Ministers and the regulator might be close to victory in this first round of chicken
Chief executive Chris Weston says utility focused on raising debt and equity to help avert cash crunch
Dieter Helm warns biggest water utility risks a ‘slow death’ that could spread to other companies
UK investor is teaming up with French group as part of a bid for control of troubled utility
Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisation
Not literally, but effectively
Fees represent an additional drain on finances of troubled UK utility as customer bills are set to rise
UK regulator to block executive bonuses at companies including Thames Water because of performance issues
Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn experts
Three-quarters of top ranking lenders approve expensive plan to avert cash crunch
Billionaire chief of Tesla and X looks set to take up influential adviser role in White House
