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Evening Standard
Evening Standard
World
Sian Baldwin,Pa News and William Mata

Who owns Thames Water? Firm in High Court battle against administration

Demonstrators protest against Thames Water's bid to seek approval for its restructuring plan - (Toby Melville / Reuters)

Thames Water is subject to a High Court hearing this week as negotiations continue as to whether the near-bankrupt firm should be placed into administration.

England's largest water company is set to run out of money by the end of March and is seeking the court's approval of plans to inject up to £3bn to keep it afloat, or risk entering special administration.

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