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The Latest Breaking News from Sarah Bentley

Floods, explosions and asbestos: Thames Water faces potential problems on all fronts

Exclusive: Senior managers say they are forced to press ahead with orders for vital items without approval

The Guardian - UK

Thames Water forecasts more leaks over next two years than predicted

Revision will pile further pressure on firm to invest in infrastructure amid anger over its sewage-dumping record

The Guardian - UK

A Farage farrago, crypto crime and rivers of cash: the 2023 Observer business awards

Bank boss Alison Rose, Binance’s Changpeng Zhao, Sarah Bentley of Thames Water and OpenAI’s Sam Altman feature highly on this year’s prestigious honours list

The Guardian - UK

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read the most diverse news in one place.

Thames Water appoints Chris Weston as boss with up to £2.3m package

Former British Gas executive tasked with leading turnaround in face of debts and controversy over sewage

The Guardian - UK

Thames Water boss warns people with bigger gardens could pay more

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

The Independent UK

Rayner attacks Tories over ‘mortgage bombshell’ as Sunak misses PMQs again – as it happened

Rishi Sunak is attending the Nato summit but will fly back to host Tory MPs at No 10 later

The Guardian - UK

Debt-ridden Thames Water raises £750m but warns billions more needed

Last month government began drawing up contingency plans to take supplier into public ownership in case it collapsed

The Independent UK

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Thames Water dumped ‘millions of litres’ of sewage in river killing more than 1,000 fish

Untreated sewage was pumped into River Mole near Crawley for six and a half hours, turning water black

The Independent UK

Sewage in kitchens and ‘white elephant’ projects: why Thames Water is struggling

The shock departure of its chief executive this week is not the only problem the water company is facing

The Guardian - UK

Ministers must get a grip: no bailout for Thames Water’s backers

Any financial reconstruction of Thames is simple. Shareholders and bondholders are on the hook

The Guardian - UK

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

Company needs up to £3bn to stay afloat

Evening Standard

Why is Thames Water struggling to stay afloat?

The sudden resignation of its chief executive while the company is struggling to finance a £14 billion debt has left the government nervously preparing for the potential collapse of Thames Water.

The Week

The biggest water company in the U.K. is also polluting its rivers. Now, it desperately needs a government rescue to turn things around

The water company has been piling up debt for years, and its old infrastructure has harmed wildlife and the environment.

Fortune

Thames Water in crisis talks over potential £10bn black hole

Minister tells Guardian government has ‘no grasp’ of cost involved in preventing possible collapse

The Guardian - UK

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The Guardian - UK

What went wrong at Thames Water and what could a bailout look like?

The lowdown as ministers and regulator make contingency plans amid fears company may collapse

Evening Standard

Who is Sarah Bentley and why is she stepping down from Thames Water?

Troubled company announces chief will continue in post until a replacement is found

Daily Mirror

Thames Water 'emergency plans being drawn up' for its collapse - what it means for you

Ministers are reported to be in talks about bringing Thames Water back into temporary public ownership under a special administration regime (SAR) - the same process previously used on energy supplier Bulb

The Independent UK

Emergency plans ‘drawn up for Thames Water collapse’ as water firm racks up £14bn debt

Contingency plans reportedly being considered in event Thames Water is unable to service debts

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news in one place.

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The Independent UK

Thames Water boss quits after giving up bonus over sewage spills

Even after giving up the bonus Bentley managed to double her pay, raking in £1.5m

The Guardian - UK

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – as it happened

Rolling coverage of the latest economic and financial news, as government begins drawing up contingency plans for the collapse of Thames Water

The Independent UK

Thames Water chief executive Sarah Bentley quits after giving up bonus over sewage spills

Even after giving up the bonus Bentley managed to double her pay, raking in £1.5m

The Guardian - UK

Thames Water boss steps down amid backlash over environmental record

Sarah Bentley had revealed she would forgo her bonus after criticism of utility’s discharge of raw sewage

Evening Standard

Thames Water boss Sarah Bentley resigns with immediate effect after three years in the job

Thames Water chief executive Sarah Bentley has announced she is quitting her job with immediate effect after three years in the role.

The Guardian - UK

Thames Water pipe leaks at highest level in five years, FoI reveals

Firm having regular meetings with environment minister after failing to meet targets to fix leakage rates

The Guardian - UK

Thames Water accused of ‘flimsy PR stunt’ over bonus as boss’s pay swells

Sarah Bentley lands £1.5m despite saying she would shun bonus amid criticism of water companies

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