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The Latest Breaking News from Thames Water

Thames Water preferred buyer ‘would multiply problems’, Lords told

The company is hoping to finalise terms of a possible deal.

Evening Standard

Ofwat investigating ‘rip-off’ cost of water firms’ infrastructure works

Watchdog for England and Wales looking into claims refurbishment costs are ‘breathtakingly high’ compared with other countries

The Guardian - UK

A Boat Race ritual that would bring me joy

Brief letters: Thames Water | Scilly Isles Gigs | Bromley FC | Spring photo | Liz Truss’s network

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Team GB could face lengthy train journey to Winter Olympics after sustainability initiative

UK Sport has stressed the importance of sustainability as the climate crisis continues to threaten the future of sport

The Independent UK

Sewage and e.coli found in stretch of Thames set to stage Boat Race

Samples collected between March 10 and April 7 showed 29.5 per cent exceeded safe limits for entering the water

Evening Standard

Campaigners find sewage pollution and E coli in Boat Race water

Tests ahead of Sunday’s race revealed E coli levels three times above the threshold for poor bathing water

The Guardian - UK

OPINION - Feargal Sharkey: Selling Thames Water to private equity sounds like a sick joke to me

It’s a story of betrayal, of backstabbing and greed, of Wall Street excess and of junk bonds, of corporate decimation and countless lives shattered by sackings, of asset stripping and exploitation and it epitomises the very worst of global corporate finance. It is also a story coming to a water…

Evening Standard

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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

How much does the average water bill cost from each company and which regions do they represent?

Southern Water customers are set to see a large increase in their bills from April on

Evening Standard

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

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

Thames Water picks KKR as preferred bidder in equity rescue

The supplier is hoping to finalise terms of a possible deal with KKR in the second quarter, with aims to complete in the second half of the year.

Evening Standard

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

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

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Evening Standard

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

MP calls to nationalise water firms that repeatedly pollute rivers and seas

Clive Lewis says his Water Bill would operate a ‘three strikes and you’re out’ policy for private water companies.

Advnture

"We won’t sit quietly while this catastrophe continues" - Olympic champion Sir Steve Redgrave calls for clean up of UK rivers

Evening Standard

'The Thames is in trouble': Sir Steve Redgrave says river needs urgent action on pollution

Retired Olympic rowing champion demands action to end ‘pollution for profit’ by water companies

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The Independent UK

Sir Steve Redgrave urges Thames clean-up as young rowers take to the river

The retired Olympic rower is taking a letter to the Environment Department calling for action as a major rowing event for schools takes place.

The Guardian - UK

Regulators must not go soft on Thames Water now

With six bids on the table, the company’s reference to ‘support and accommodations’ sounds like a plea for special treatment

The Guardian - UK

Green campaigners attempt citizen’s arrests of Thames Water executives

Chris Weston and Alastair Cochran targeted by group who accuse them of causing a public nuisance

The Guardian - UK

Happiness is inertia and two bathrooms

Brief letters: Marriage advice | Pity Thames Water customers | The slimming effect of greyhounds | Growing to love art | Bored by bridge

The Guardian - UK

Thames Water hopes to agree deal with one of six bidders by end of June

Debt-laden company agrees with Ofwat that review of bill rises can be delayed as it seeks buyer

Evening Standard

Thames Water hopes to agree takeover by end of June as it mulls six approaches

The debt-laden water company recently won court approval for a £3 billion loan deal designed to keep it running into 2026.

The Guardian - UK

Thames Water data reveals raw sewage discharges in rivers rose 50% in 2024

Exclusive: Almost 300,000 hours of raw effluent poured into waterways, figures show, up from 196,000 in 2023

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