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The Latest Breaking News from Thames

Thames Water owner hit by second credit rating downgrade in six months

Moody’s move comes as it warns of ‘materially’ increased risks that regulators will block dividend flow

The Guardian - UK

Thames Water appoints Chris Weston as £850,000 a year CEO

Former boss of FTSE 250 power company Aggreko will run London's 15 million customer utility from 8 January

Evening Standard

If Thames Water has to be nationalised, so be it. Ofwat should not be bullied

MPs should demand shareholders invest on fair terms for customers. If they refuse, they should be wiped out

The Guardian - UK

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Thames Water Says Needs More Time For Financial Turnaround

Struggling UK utility firm Thames Firm needs more time to turn around its fortunes after announcing a slump in profits and mounting debt, one of its bosses said Tuesday.

International Business Times

Thames Water apologises to MPs for ‘confusion’ over £500m loan

Labour MP calls firm’s finances an ‘absolute shambles’ as Ofwat vows it is prepared to put it into administration

The Guardian - UK

Thames Water apologises after 200 tankers of raw sewage left in Surrey town

Raw sewage held in open tanks in Camberley for six months during hottest summer on record

The Guardian - UK

Ofwat investigates whether Thames Water dividend is licensing breach

Exclusive: Debt-laden water supplier says it has paid £37.5m dividend from operating company

The Guardian - UK

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Thames Water to face MPs over fears it could run out of money by April

Committee chair raises concerns as Lib Dem leader describes company as ‘a slow moving car crash’

The Guardian - UK

Ofwat accused of ‘meaningless gesture’ after reducing Thames Water penalty

Regulator cuts amount company will have to pay for underperformance by almost £5 for each customer

The Guardian - UK

Water company has announced plans to axe up to 140 jobs, says union

The GMB said Thames Water told the union at a meeting on Thursday that it is to start consulting on up to 140 redundancies.

The Independent UK

Ofwat warns over financial health of four water suppliers in England

Thames Water and Southern Water among firms urged to take action to secure long-term finances

The Guardian - UK

Watchdog berates Thames Water and Southern Water over level of complaints

Two utilities deemed ‘standout poor performers’ with so many complaints it skews industry’s overall performance

The Guardian - UK

Southern Water and Thames Water ‘standout poor performers’ driving complaints

The Consumer Council for Water said the more than 20 million people served by the two firms were being ‘let down’.

The Independent UK

London water bills to be slashed by £100 million as regulators hit out at Thames Water leaks and spills

Londoners will be paying over £100 million less to Thames Water next year as the company was hit the hardest by a crackdown from regulators.

Evening Standard

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Evening Standard

Thames Water apology as west London residents left without water for second day

Airblocks in water pipes are likely to be causing supply issues, Thames Water said

Evening Standard

Investigate hundreds of illegal ‘dry’ sewage spills by water companies, ministers told

An immediate investigation must be launched into reports that three major water companies illegally discharged sewage hundreds of times last year, ministers were told on Tuesday.

The Guardian - UK

‘Naughty rather than dirty’: 50 years of Man About the House, the sitcom that introduced sex to British TV

The groundbreaking flat-sharing comedy’s very concept terrified ITV. Its writer and actors reflect on its smashing of gender stereotypes and the wildly successful spin-offs it launched

The Guardian - UK

Carl Davis obituary

Prolific conductor and composer whose work spanned film, ballet, television and oratorio

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The Guardian - UK

Thames Water crisis presents an opportunity for better business

Letters: Nationalisation dominates the debate, but there are other viable alternatives, writes Victor Adebowale

Evening Standard

Simon Cowell breaks silence over Lucy Spraggan’s rape during X Factor: ‘It’s horrific and heartbreaking’

The singer said the attack took place after a night celebrating fellow contestant Rylan Clark’s birthday in London

The Guardian - UK

Thames Water’s biggest investor has cut value of stake by nearly 30%

Debt-laden company has faced questions over financial stability and ability to raise funds

Evening Standard

Lucy Spraggan reveals she pulled out of X Factor after she was raped by hotel worker

The singer said the attack took place after a night celebrating fellow contestant Rylan Clark’s birthday in London

The Independent UK

Lucy Spraggan reveals she was raped by hotel worker during X Factor

The singer said the attack took place after a night celebrating fellow contestant Rylan Clark’s birthday in London.

The Independent UK

Thames Water boss warns people with bigger gardens could pay more

Water chief also says ‘progressive charging system’ should be considered

The Guardian - UK

Thames Water still faces slow drip over funding

Monday’s announcement is not a ‘major milestone’ – choppy waters remain, such as the price review

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