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The Latest Breaking News from Thames Water

BHP walks away from £39bn pursuit of Anglo American; Royal Mail agrees to £3.57bn takeover by Czech billionaire Daniel Křetínský – as it happened

Royal Mail’s parent company IDS agrees takeover offer but BHP’s pursuit of Anglo fails

The Guardian - UK

Water watchdog to refuse suppliers’ requests to increase prices

Thames Water requested a bill increase of up to 59 per cent as it faces £15billion of debt, according to reports

The Independent UK

Ofwat poised to refuse most suppliers’ requests for big price rises

Water watchdog decision on bills in England and Wales delayed until after election, as Thames crisis looms

The Guardian - UK

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Biohazards, Putin, extremism… we’ll need more than a few tins of beans

Oliver Dowden’s advice on stockpiling forgets that co-operation is vital if we are to stand a chance against modern threats

The Guardian - UK

Thames Water carries out tests after south London residents report sickness and vomiting

Utilities firm says tests did not reveal any water failures after reports of sickness in Beckenham

Evening Standard

Thames Water tests for vomiting bug contamination as families fall sick

After cryptosporidium outbreak in Devon, residents in south-east London report stomach cramps and diarrhoea

The Guardian - UK

Forget Thames Water, National Grid has proved investors will still back UK assets

The infrastructure company easily raised almost £7bn in a rights issue – because it has its balance sheet in order and plans to invest

The Guardian - UK

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Fish deaths in England’s rivers rise tenfold in four years

More than 216,000 fish died in 2022-2023, when England recorded a 54% increase in sewage spills

The Guardian - UK

Thames Water’s biggest investor cuts value of its stake to zero

Writedown by Canadian pension fund Omers highlights growing financial crisis at utilities firm

The Guardian - UK

"Someone is going to die" - shocking warning about river pollution as wild swimming season starts

Lawmakers and campaigners say fatalities are next after an outbreak of dangerous water-borne disease

Advnture

Dow Jones Industrial Average hits 40,000 points for first time; UK reality TV stars charged over FX scheme – as it happened

Strong quarterly results and hope of interest rate cuts drive DJIA to new alltime high

The Guardian - UK

‘Someone is going to die’: MPs warned of E coli risk to swimmers in English waters

Clean river campaigner says pollution poses threat as Labour MP calls for water industry to be taken into public ownership

The Guardian - UK

'Fatberg' weighing the same as three double decker buses unblocked from east London sewer

A team of 20 engineers from Thames Water took 11 days to remove the congealed heap that was clogging long sections of a sewer

Evening Standard

Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general election

The Guardian - UK

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The Guardian - UK

How the overseas owners of the UK’s water companies clean up by polluting our rivers

Soiled seas and huge dividends: where has the £64bn borrowed by firms since privatisation gone, asks Guardian columnist George Monbiot

International Business Times

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.

Evening Standard

Water bills hike warning...and why you should never swim the Thames ...The Standard podcast

Plus! Lifeguard on danger of Mayor Sadiq Khan’s “swimmable” river plan

The Guardian - UK

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

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Evening Standard

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

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

The Guardian - UK

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

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

Rolling coverage of the latest economic and financial news

Evening Standard

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

The Guardian - UK

Thames Water-linked firm paid £14m in dividends despite concerns over group

Kennet Properties sells off Thames Water land, whose owner, Kemble Water, has warned it would not be able to pay a £190m loan

The Guardian - UK

‘No dividing line’: consultants advising private water companies also work for their regulator, Ofwat

Campaigners call for the whole regulatory system to be replaced after Observer analysis finds watchdog spent more than £25m with consultancies

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