The Latest Breaking News from Thames

Thames, Tata, Shein – it won’t be business as usual for Labour’s Jonathan Reynolds

The new business secretary will have big calls to make within a few days of sitting down at his desk

The Guardian - UK · Jul 6, 2024

Thames Water accused of ‘chicanery’ over £150m dividend payment

Debt-laden utility urged to show greater transparency as it faces investigation by industry regulator Ofwat

The Guardian - UK · Jul 1, 2024

Thames Water board approved £150m payout hours before funding U-turn

Exclusive: Ofwat to investigate circumstances around payment of dividend to intermediate parent company

The Guardian - UK · Jun 28, 2024

How UK's Biggest Water Supplier Sank Into Crisis

Thames Water, the UK's largest water supplier, has been ravaged since privatisation by soaring debts and chronic underinvestment, sinking into a deep financial crisis which has sparked bailout speculation.

International Business Times · Apr 23, 2024

Thames Water’s extra £1.1bn will do little to steady the sinking ship

The debt-riddled firm has updated its five-year spending plans but still needs to convince the regulator and investors

The Guardian - UK · Apr 22, 2024

Thames Water warns it could hike bills by £200 a year to help cut sewage spills

Bill set to hit £627 by 2030 to pay for investment projects

Evening Standard · Apr 22, 2024

A £200 Thames Water bill increase is one thing, but for this level of service?

City Comment: We have arrived at a situation where there is no confidence in the ownership of a business that has the monopoly in supplying water to the capital

Evening Standard · Apr 22, 2024

Thames Water could raise bills to £627 a year to help fix leaks

Embattled water supplier promises to invest up to £3bn more over the next five years

The Guardian - UK · Apr 22, 2024

FTSE 100 hits record closing high amid hopes of interest rates cuts – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Apr 22, 2024

Thames Water bills will still increase by 40% in updated business plan

The new plan comes at a time of serious questions over the future of the utility

Evening Standard · Apr 22, 2024