Thames Water restructure approval challenge dismissed at Court of Appeal

The appeal against the restructure of Thames Water has been dismissed (Andrew Matthews/PA) - (PA Archive)

Appeals against the approval of a plan to restructure Thames Water through a loan of up to £3 billion has been dismissed, Court of Appeal judges have said.

In February, a High Court judge sanctioned a plan proposed by Thames Water Utilities Holdings Limited (TWUH), the parent company of Thames Water Group, allowing the utility to stay afloat just weeks before it was due to run out of money.