The Latest Breaking News from Thames Water

Remainder of year’s water bills will pay dividends and service debts, say campaigners

We Own It says 31% of water bills went on shareholder payouts and company debts in last financial year, while the same percentage of 2024 remains

The Guardian - UK · Sep 10, 2024

Elliott, unlike Thames Water’s board, sees the inevitability of debt writedowns

Hedge fund’s reported purchase of £1bn of bonds at a big discount suggests growing realism about company’s future

The Guardian - UK · Sep 9, 2024

Water firms in England and Wales lost more than 1tn litres from leaks last year

Hundreds of millions of litres were wasted every day, with Thames Water revealed as the worst offender

The Guardian - UK · Sep 8, 2024

Thames Water proposes huge new bills hike

The average bill over the five-year period from 2025 to 2030 would be £638 under the proposal

The Independent UK · Aug 28, 2024

Federal Reserve’s Jerome Powell says ‘the time has come’ for US interest rate cuts – as it happened

Live coverage as investors wait for signs at Jackson Hole summit of how fast US central bank will cut interest rates starting in September

The Guardian - UK · Aug 23, 2024

Canadian export agency ‘nursing losses’ after lending $1bn to Thames Water

State-backed body EDC has reportedly sold at deep discount five loans made to debt-ridden UK utility

The Guardian - UK · Aug 20, 2024

Thames Water barred from billing customers for pension shortfall

Company faces scramble for funds after Ofwat says deficit is for managers and shareholders alone to deal with

The Guardian - UK · Aug 19, 2024

Warning as sewage leaks into parks and green spaces in south-west London

The warning comes as water companies face harsher punishments for sewage leaks

Evening Standard · Aug 15, 2024

Three water companies face big fines for sewage spills – it won’t do any good unless our whole approach to waste changes

The recent announcement of £168 million in sewage pollution fines issued to three water companies has renewed hope that the regulator for England and Wales, Ofwat, is finally taking action in line with public opinion.

The Conversation · Aug 13, 2024

I swam in the Thames last week. Yes, it is full of sewage – but it is also a beautiful river

The Thames is often treated badly: pumped with effluent by water companies and viewed as just a geographical gap or dividing line. It is worth remembering its magic, writes Nell Frizzell

The Guardian - UK · Aug 12, 2024