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The Latest Breaking News from Thames Water

Thames Water faces court claim that £3bn bailout is ‘poor, short-term fix’

Campaigners to argue in court of appeal that plan is not in public interest and special administration is best option

The Guardian - UK

April is the cruellest month: Millions of Londoners face perfect storm of bill rises within weeks

Energy and water bills, council tax, train fares, broadband, mobile, and even alcohol duties are set to increase on or around April 1

Evening Standard

Judge blasts Thames Water as financial cliff-edge deadline looms

Thames Water’s barrister told not to “dictate” the timing of crucial hearing

Evening Standard

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Group of Thames Water creditors lose alternative restructuring plan bid

The utility – England’s biggest water company – had a restructuring scheme involving up to £3 billion in loans sanctioned on Tuesday.

The Independent UK

Thames Water among six water firms urging watchdog for higher bill increases

Thames Water urged regulators to allow them to raise customers bills hours after a High Court judge approved a £3 billion loan to the firm.

Evening Standard

Why is Thames Water getting £3bn and will it save it from collapse?

High court ruling means utility will not run out of cash for now, but a temporary nationalisation could still be on way

The Guardian - UK

Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ terms

The emergency funding deal prevents Thames Water from falling into temporary nationalisation, but opponents have said they will appeal the ruling.

Evening Standard

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Thames Water creditors given go-ahead to appeal against restructuring approval

A High Court judge approved plans to restructure the utility through a loan of up to £3 billion earlier on Tuesday.

Evening Standard

MP says he intends to appeal against approval of Thames Water restructure plans

Barristers for Liberal Democrat MP Charlie Maynard previously told the court the company should be put into special administration.

Evening Standard

Judge approves emergency plan to keep Britain’s largest water company afloat

A judge has approved an emergency plan to keep Britain’s largest water company afloat and averted a possible temporary government takeover

The Independent UK

What does Thames Water’s £3 billion rescue loan deal mean for customers?

The PA news agency explains why Thames Water needs emergency money and what happens next.

Evening Standard

What Thames Water’s £3bn bailout means for your water bill

What impact will this move have on your wallet? Here’s all the info

The Independent UK

Fury as ‘profit-thirsty zombie’ Thames Water kept afloat by £3bn bailout

Restructuring plan enables struggling utility to keep operating just weeks before it was set to run out of money

The Independent UK

Thames Water handed £3 billion lifeline by court but judge criticises "eye-watering" costs

Daming ruling says Thames Water customers will be “horrified” by the huge bill for the emergency financial restructuring

Evening Standard

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The Independent UK

Thames Water restructuring approved by High Court judge

The High Court previously heard that Thames Water could go into special administration if its restructuring plan was not approved.

The Guardian - UK

Thames Water wins court backing for £3bn debt package

Deal approved at high court gives company £1.5bn in upfront cash to stave off collapse

Evening Standard

Thames Water to discover if restructuring plan has been approved on Tuesday

The High Court heard several days of arguments over whether the plan should be approved earlier in February.

Evening Standard

Woman without water for three days calls Thames Water bill hike proposal ‘greed’

Several Thames Water customers have been without water for days after a water pipe burst.

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The Guardian - UK

Thames Water launches appeal for permission to raise bills even higher

Struggling firm to appeal to competition watchdog to hike fees by more than Ofwat-approved 35% over next five years

Evening Standard

Thames Water asks watchdog to let it charge even higher bills

It said steeper increases than the 35% already granted over the next five years is ‘in the interests of our customers and the environment’.

The Independent UK

Cash-strapped Thames Water asks watchdog to let it charge customers even more

It said steeper bill increases is ‘in the interests of our customers and the environment’

Evening Standard

Thames Water appeals to CMA over regulator's decision on bills

Thames says Ofwat’s ruling “does not support the investment and improvement that is required for Thames Water”

The Guardian - UK

UK could face Trump VAT tariff hit; pound hits 2025 high – as it happened

Live, rolling coverage of business, economics and financial markets as sterling rises on surprisingly weak US retail sales and Thames Water appeals to raise bills further

Evening Standard

Thousands of Londoners face being without running water for four days

Thames Water says it has fixed the leak but warns some customers may still experience a temporary loss of water

The Guardian - UK

A state clean-up may be the best bet for Thames Water

Temporary nationalisation isn’t guaranteed to deliver shock needed, but upgrading operations is priority lost in legal drama

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