In charts: how privatisation drained Thames Water’s coffers Decades of underinvestment and bumper dividends have left the firm debt-laden and under investigation The Guardian - UK · Jun 30, 2023
United Utilities defends 'robust and prudent' finances in wake of Thames Water crisis United Utilities recently agreed to hand more than £300m to its shareholders Birmingham Post · Jun 30, 2023
Bosses at nine water firms pocketed £13million last year - while YOU face higher bills It follows reports water firms are planning to hike household bills by up to 40% to meet costs of the sewage crisis Daily Mirror · Jun 29, 2023
Thames Water could delay accounts as turmoil in water industry grows Firm refuses to say when it will publish annual report; pressure builds on regulator Ofwat The Guardian - UK · Jun 29, 2023
Ministers must get a grip: no bailout for Thames Water’s backers Any financial reconstruction of Thames is simple. Shareholders and bondholders are on the hook The Guardian - UK · Jun 29, 2023
Water industry is 'teetering on the brink of insolvency' warns Feargal Sharkey The Government is drawing up plans to rescue debt-ridden Thames Water, despite being owned by a wealthy foreign investors from as far afield as Canada and Abu Dhabi Daily Mirror · Jun 29, 2023
Who owns Thames Water? Firm in High Court battle against administration Company needs up to £3bn to stay afloat Evening Standard · Jun 29, 2023
The five debt-riddled water companies that regulator Ofwat is most worried about There are fears about other companies alongside troubled Thames Water Nottingham Post · Jun 29, 2023
The five water companies that regulator Ofwat is most worried about There are fears about other companies alongside troubled Thames Water Wales Online · Jun 29, 2023
England’s water companies are ‘environmentally insolvent’, study says Firms are unable to raise £260bn to deal with sewage spillages according to researchers The Guardian - UK · Jun 29, 2023
Water firms face staggering £60 BILLION debts amid Thames Water collapse threat Emergency plans are reportedly being drawn up by the government for the collapse of Thames Water as concerns grow over the utility company’s £14billion debt Daily Mirror · Jun 29, 2023
The cost of nationalising Thames Water? Nothing City Comment: You might hate the idea of Government-owned utilities on principle. But financially, there’s no reason to object to buying back Thames Water Evening Standard · Jun 29, 2023
What are the options for Thames Water as crisis talks continue? From special administration to waiting for shareholders to bail it out, the future of the utility hangs in the balance The Guardian - UK · Jun 29, 2023
Troubled Thames Water brings in veteran City ‘fixer’ as chair Sir Adrian Montague is regarded as having a rare insight into the workings of Whitehall Evening Standard · Jun 29, 2023
The Guardian - UK · Jun 29, 2023 Taxpayer cash must not be used to bail out Thames Water, says Feargal Sharkey Campaigner says firm should be brought under public control using powers in original privatisation legislation
The National (Scotland) · Jun 29, 2023 Thames Water crisis ‘shows Scotland right to keep water public’ THE growing crisis over Thames Water has shown "Scotland was right to keep water in public hands", the SNP say.
The Week · Jun 29, 2023 Why is Thames Water struggling to stay afloat? The sudden resignation of its chief executive while the company is struggling to finance a £14 billion debt has left the government nervously preparing for the potential collapse of Thames Water.
The Guardian - UK · Jun 29, 2023 Thames Water appoints Sir Adrian Montague as chair; squeezed households run down savings – as it happened Rolling coverage of the latest economic and financial news
The Guardian - UK · Jun 29, 2023 Thursday briefing: How to tackle the health issues wreaking havoc on UK children In today’s newsletter: Stunted growth, hunger and dental issues have rocketed over the last year – but experts warn the crisis is far from over
The Independent UK · Jun 29, 2023 What the papers say – June 29 Rising crisis at Thames Water takes centre stage on several of Thursday’s newspaper front pages.
Fortune · Jun 28, 2023 The biggest water company in the U.K. is also polluting its rivers. Now, it desperately needs a government rescue to turn things around The water company has been piling up debt for years, and its old infrastructure has harmed wildlife and the environment.
The Guardian - UK · Jun 28, 2023 Thames Water in crisis talks over potential £10bn black hole Minister tells Guardian government has ‘no grasp’ of cost involved in preventing possible collapse
The Independent UK · Jun 28, 2023 ‘Concerned’ government eyes temporary nationalisation of Thames Water England’s largest water company could be put under ‘special administration’ regime
Evening Standard · Jun 28, 2023 OPINION - The Leader podcast: What happens if Thames Water collapses? Ministers said to be drawing up contingency plans for collapse.
The Guardian - UK · Jun 28, 2023 The wretched state of Thames Water is one of the best arguments for public ownership we have Water privatisation in England and Wales has achieved just one thing: the enrichment of executives and overseas shareholders, says Mathew Lawrence of the thinktank Common Wealth