The Latest Breaking News from Thames

A torrent of special pleas from Thames Water

Company hopes to win big compromises from regulators to get its financial restructuring over the line

The Guardian - UK · May 13, 2025

Thames Water finances were ‘hair raising’, chair tells MPs

Adrian Montague also said some bosses in line for payouts of ‘50% of salary, very substantial bonuses’

The Guardian - UK · May 13, 2025

Thames Water chairman apologises to customers but defends bonuses for bosses

Sir Adrian Montague revealed to MPs how close the company had come to running out of money in the last year, calling the situation ‘hair-raising’.

Evening Standard · May 13, 2025

UK spending watchdog censures water firms and regulators over sewage failings

NAO finds regulatory gaps have enabled overspending on infrastructure building while not improving sewage works

The Guardian - UK · Apr 24, 2025

Thames Water appoints new finance boss

Former Pennon CFO Steve Buck will join Thames Water next week at a ‘pivotal’ moment for the heavily indebted utility.

The Independent UK · Apr 2, 2025

The barbarians are at the gates of the sewage works

Choosing KKR as the preferred bidder for the UK’s biggest water company may not fill Thames Water’s workers with joy

The Guardian - UK · Mar 31, 2025

Thames Water names US private equity group KKR as preferred bidder

KKR expected to acquire stake worth £4bn as UK’s biggest water supplier tries to stave off nationalisation

The Guardian - UK · Mar 31, 2025

Chief finance officer of under-fire Thames Water quits £1.3m-a-year role

Alastair Cochran’s successor to be appointed ‘in due course’ at critical time for cash-strapped company

The Guardian - UK · Mar 28, 2025

Thames Water’s finance chief quits as firm continues trying to find a buyer

Alastair Cochran, Thames Water’s chief financial officer, told the firm that he is stepping down on Friday morning, PA news agency understands.

Evening Standard · Mar 28, 2025

Thames Water's finance chief departs at crucial stage of survival battle

Alastair Cochran steps down next week after more than three years with the utility

Evening Standard · Mar 28, 2025