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The Latest Breaking News from Thames

Thames Water fined £3.3m after rivers turn black with sewage killing 1,400 fish

The firm has been fined £3.3m after more than 1,400 fish were killed when the sewage was dumped into the Gatwick Stream in Sussex and River Mole in Surrey in 2017

Daily Mirror · Jul 4, 2023

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 · Jul 3, 2023

Ex-Thames Water owner accused of ‘money-grabbing’ cuts to Cadent pension scheme

Exclusive: Cadent Gas, owned by Australia asset manager Macquarie, is considering closing its defined benefit scheme

The Guardian - UK · Jul 3, 2023

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Thames Water shareholder gives backing to crisis-hit firm

USS support for turnaround plan comes as water company buckles under £14bn debt burden

The Guardian - UK · Jul 2, 2023

Now, water bosses, you must show how capitalism can work for the common good

If there’s a lesson to be learned from the collapse of Thames Water, it is that utility giants have to pioneer a new kind of company

The Guardian - UK · Jul 2, 2023

Thames Water’s annual profit figures may come out after MPs grill industry executives

London’s water provider usually publishes its accounts in the first week of July

Evening Standard · Jun 30, 2023

Friday briefing: Could Thames Water’s cautionary tale end the UK’s love affair with privatisation?

In today’s newsletter: Guardian business correspondent Alex Lawson on how things got so bad for the private water company, and where we go from here

The Guardian - UK · Jun 30, 2023

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In charts: how privatisation drained Thames Water’s coffers

Decades of underinvestment and bumper dividends have left the firm debt-laden and under investigation

The Guardian - UK · Jun 30, 2023

Thames Water could delay accounts as turmoil in water industry grows

Firm refuses to say when it will publish annual report; pressure builds on regulator Ofwat

The Guardian - UK · Jun 29, 2023

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 · Jun 29, 2023

Water industry is 'teetering on the brink of insolvency' warns Feargal Sharkey

The Government is drawing up plans to rescue debt-ridden Thames Water, despite being owned by a wealthy foreign investors from as far afield as Canada and Abu Dhabi

Daily Mirror · Jun 29, 2023

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

Company needs up to £3bn to stay afloat

Evening Standard · Jun 29, 2023

Taxpayer cash must not be used to bail out Thames Water, says Feargal Sharkey

Campaigner says firm should be brought under public control using powers in original privatisation legislation

The Guardian - UK · Jun 29, 2023

Thames Water appoints Sir Adrian Montague as chair; squeezed households run down savings – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Jun 29, 2023

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The Guardian - UK · Jun 28, 2023

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 · Jun 28, 2023

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

The Guardian - UK · Jun 28, 2023

Mounting debts and public anger could finally sink water companies in England and Wales

Firms have loaded up debt to pay dividends and been fined millions for dumping raw sewage into rivers

Daily Mirror · Jun 28, 2023

Thames Water: Everything you need to know - including if your water supply is safe

There are suggestions that Thames Water could be placed into a special administration regime (SAR) - the same process used when energy supplier Bulb collapsed

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Evening Standard · Jun 28, 2023

Thames Water crisis puts privatised industry’s future in doubt

Thames Water insiders blame “decades of neglect” by previous owners and management teams for the poor performance

Evening Standard · Jun 28, 2023

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

The Guardian - UK · Jun 28, 2023

Contingency plans being drawn up for Thames Water collapse

UK government and Ofwat holding discussions amid fears firm cannot survive because of huge debt pile

The Independent UK · Jun 28, 2023

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 Independent UK · Jun 28, 2023

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 · Jun 27, 2023

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 · Jun 27, 2023

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.

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