Thames Water wins court backing for £3bn debt package Deal approved at high court gives company £1.5bn in upfront cash to stave off collapse The Guardian - UK · Feb 18, 2025
Woman without water for three days calls Thames Water bill hike proposal ‘greed’ Several Thames Water customers have been without water for days after a water pipe burst. Evening Standard · Feb 14, 2025
Thames Water launches appeal for permission to raise bills even higher Struggling firm to appeal to competition watchdog to hike fees by more than Ofwat-approved 35% over next five years The Guardian - UK · Feb 14, 2025
Thames Water asks watchdog to let it charge even higher bills It said steeper increases than the 35% already granted over the next five years is ‘in the interests of our customers and the environment’. Evening Standard · Feb 14, 2025
Cash-strapped Thames Water asks watchdog to let it charge customers even more It said steeper bill increases is ‘in the interests of our customers and the environment’ The Independent UK · Feb 14, 2025
Thames Water appeals to CMA over regulator's decision on bills Thames says Ofwat’s ruling “does not support the investment and improvement that is required for Thames Water” Evening Standard · Feb 14, 2025
UK could face Trump VAT tariff hit; pound hits 2025 high – as it happened Live, rolling coverage of business, economics and financial markets as sterling rises on surprisingly weak US retail sales and Thames Water appeals to raise bills further The Guardian - UK · Feb 14, 2025
Thames Water investigated over delayed river clean-up schemes Regulator Ofwat’s enforcement case into whether company breached obligations follows Guardian investigation The Guardian - UK · Feb 12, 2025
Watchdog opens new probe into Thames Water over delays to environmental work The regulator said it would probe whether delays to the plans mean England’s largest water firm has breached its licence. Evening Standard · Feb 12, 2025
Thames Water facing new investigation over delays to environmental schemes Of 812 customer-funded schemes, the company says it won’t be able to complete about 100 The Independent UK · Feb 12, 2025
New blow for Thames Water as watch-dog threatens huge fines over environmental failings Utility could face huge fines as a result of enforcement action by Ofwat Evening Standard · Feb 12, 2025
US inflation unexpectedly rises to 3% in January – as it happened Surprise rise in inflation on the back of higher food prices makes Federal Reserve interest rate cuts less likely, in a blow to Donald Trump The Guardian - UK · Feb 12, 2025
Thames Water may get just £500m in usable cash by borrowing £1.5bn, court told Struggling firm’s resources to be depleted due to expensive fees and interest costs in restructuring deal The Guardian - UK · Feb 6, 2025
Thames Water ‘putting gun to head’ of court over £3bn debt, investors claim Water company argues that its favoured offer should be approved or it will face temporary nationalisation The Guardian - UK · Feb 3, 2025
The Guardian - UK · Feb 3, 2025 Campaigners to use Thames Water high court case to push for temporary nationalisation Judge to rule on utility’s plea for £3bn debt lifeline as MPs and charities say emergency loan too costly for customers
The Guardian - UK · Jan 31, 2025 Thirty MPs demand Ofwat puts Thames Water into special measures Exclusive: Labour and Green MPs write to regulator’s chief executive voicing fears about an expensive public bailout
The Guardian - UK · Jan 29, 2025 Water industry promises £22bn of environmental investment, funded by rising bills The Environment Agency has secured a commitment to carry out 24,000 actions over the next five years
The Guardian - UK · Jan 25, 2025 Thames Water rescuers seek clean break before committing fresh funds Exclusive: Some bidders demand temporary renationalisation to help cut debts and oust bosses
The Guardian - UK · Jan 24, 2025 Thames Water credit rating slashed as administrators approached Moody’s changes outlook on firm from stable to negative as financial plans ‘do not provide attractive risk-return balance’
The Guardian - UK · Jan 23, 2025 Ministers must hold the line on Thames Water. Administration is better than a bailout It seems Thames is trying to scare the government into thinking the world will end if it falls into ‘special administration’
The Guardian - UK · Jan 15, 2025 Thames Water says it will raise base pay of bosses if Ofwat limits bonuses Struggling water firm tells regulator for England and Wales proposals would make it hard to attract talent to sector
The Guardian - UK · Dec 23, 2024 Revealed: Thames Water diverted ‘cash for clean-ups’ to help pay bonuses Exclusive: UK’s biggest water company assessed risks before cutting back on cost of environmental work, investigation shows
The Guardian - UK · Dec 19, 2024 Ofwat opts for expediency. It’s time for water companies to stop bleating Water bill increases are at about the level most firms requested – but not so for beleagured Southern and Thames
The Guardian - UK · Dec 19, 2024 Thames Water to pay £18m penalty after breaking dividend rules Regulator says it will claw back £131m in ‘unjustified’ payments as it announces companies can increase bills by 36% by 2030
Evening Standard · Dec 19, 2024 Thames Water bills will surge by £152 over the next five years in new blow to London households Company also fined £18 million by regulator for breaking rules on payment of dividends