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The Latest Breaking News from Thames

Appeal court rules in favour of £3bn bailout for Thames Water

Judges dismiss appeal from campaigners who argued ‘eye-watering’ cost of loan was not in public interest

The Guardian - UK

Thames Water's "Class B" creditors consider Supreme Court appeal after losing restructuring challenge

The bondholders say they need to see the wording of the Court of Appeal dismissal before making a decision that could prolong legal wrangling

Evening Standard

Thames Water set for another vital court ruling amid administration warning

A former senior director said the water firm could collapse soon without a funding deal, which would bring it under temporary state ownership.

Evening Standard

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Thames Water on TV: pity the staff, this place is decrepit

The company presumably hosted this documentary to show the need for higher bills to pay for new infrastructure

The Guardian - UK

Thames Water faces court claim that £3bn bailout is ‘poor, short-term fix’

Campaigners to argue in court of appeal that plan is not in public interest and special administration is best option

The Guardian - UK

Judge blasts Thames Water as financial cliff-edge deadline looms

Thames Water’s barrister told not to “dictate” the timing of crucial hearing

Evening Standard

Why is Thames Water getting £3bn and will it save it from collapse?

High court ruling means utility will not run out of cash for now, but a temporary nationalisation could still be on way

The Guardian - UK

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15 of the best men’s jumpers, from cashmere and cable knit to merino wool

Whether you’re searching for a lamb’s wool layer or a stylish sweater vest, upgrade your knitwear with these instant classics

The Guardian - UK

Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ terms

The emergency funding deal prevents Thames Water from falling into temporary nationalisation, but opponents have said they will appeal the ruling.

Evening Standard

What Thames Water’s £3bn bailout means for your water bill

What impact will this move have on your wallet? Here’s all the info

The Independent UK

What does Thames Water’s £3 billion rescue loan deal mean for customers?

The PA news agency explains why Thames Water needs emergency money and what happens next.

Evening Standard

Thames Water wins court backing for £3bn debt package

Deal approved at high court gives company £1.5bn in upfront cash to stave off collapse

The Guardian - UK

Woman without water for three days calls Thames Water bill hike proposal ‘greed’

Several Thames Water customers have been without water for days after a water pipe burst.

Evening Standard

Thames Water launches appeal for permission to raise bills even higher

Struggling firm to appeal to competition watchdog to hike fees by more than Ofwat-approved 35% over next five years

The Guardian - UK

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Evening Standard

Thames Water asks watchdog to let it charge even higher bills

It said steeper increases than the 35% already granted over the next five years is ‘in the interests of our customers and the environment’.

The Independent UK

Cash-strapped Thames Water asks watchdog to let it charge customers even more

It said steeper bill increases is ‘in the interests of our customers and the environment’

Evening Standard

Thames Water appeals to CMA over regulator's decision on bills

Thames says Ofwat’s ruling “does not support the investment and improvement that is required for Thames Water”

The Guardian - UK

UK could face Trump VAT tariff hit; pound hits 2025 high – as it happened

Live, rolling coverage of business, economics and financial markets as sterling rises on surprisingly weak US retail sales and Thames Water appeals to raise bills further

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The Guardian - UK

Thames Water investigated over delayed river clean-up schemes

Regulator Ofwat’s enforcement case into whether company breached obligations follows Guardian investigation

Evening Standard

Watchdog opens new probe into Thames Water over delays to environmental work

The regulator said it would probe whether delays to the plans mean England’s largest water firm has breached its licence.

The Independent UK

Thames Water facing new investigation over delays to environmental schemes

Of 812 customer-funded schemes, the company says it won’t be able to complete about 100

Evening Standard

New blow for Thames Water as watch-dog threatens huge fines over environmental failings

Utility could face huge fines as a result of enforcement action by Ofwat

The Guardian - UK

US inflation unexpectedly rises to 3% in January – as it happened

Surprise rise in inflation on the back of higher food prices makes Federal Reserve interest rate cuts less likely, in a blow to Donald Trump

The Guardian - UK

Thames Water may get just £500m in usable cash by borrowing £1.5bn, court told

Struggling firm’s resources to be depleted due to expensive fees and interest costs in restructuring deal

The Guardian - UK

Thames Water ‘putting gun to head’ of court over £3bn debt, investors claim

Water company argues that its favoured offer should be approved or it will face temporary nationalisation

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