The Latest Breaking News from Thames Water

With £500m of emergency funding withdrawn, calls are growing for the stricken company to be taken into public ownership

In today’s newsletter: What the Legacies of Engagement programme has achieved in its first year – and what’s still to do

Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".

Ofwat denies shareholder demands for higher bills and looser environmental regulation

Thames Water, like other water companies, had no debt at the time of privatisation. But since 1989, these utility firms have borrowed vast sums to pay out more than £65 billion in dividends. Privatisation was of course supposed to drive investment. Instead it has fallen. Taxpayers and bill payers have been…

Oxford Boat Race coach criticizes Thames pollution, raising health concerns and calls for action. E.coli contamination and sewage spills prompt worries for...

Decision increases concerns about financial future of UK’s biggest water firm and increases prospect of nationalisation

Live, rolling coverage of business, economics and financial markets as minister says water company’s leadership has been a ‘disgrace’

An MP called for the firm to be put into special administration