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The Latest Breaking News from Thames Water

Count Binface unveils manifesto for London Mayoral election including Thames Water pledge

The satirical political candidate has unveiled a list of 24 policies - with some more extreme than others

Evening Standard

Thames Water funding crisis: the key players in the row over its future

In latest twist to finger-pointing standoff, debt-stricken supplier’s parent company has defaulted on loan

The Guardian - UK

Thames Water parent tells creditors it has defaulted on debt

Missed interim payment raises prospect of restructure or collapse of troubled company

The Guardian - UK

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Thames Water owner Kemble defaults on £400 million of bonds

It failed to make some interest payments when they were due

Evening Standard

OPINION - Will the government be forced to hold its nose and nationalise Thames Water?

In his bestselling book Outliers: The Story of Success, Malcolm Gladwell repeatedly referenced the '10,000-Hour Rule', based on research by Swedish psychologist Anders Ericsson. Despite its subsequent controversy, the rule's premise is in someways fairly pedestrian: achieving greatness in any skill requires time and effort.

Evening Standard

Chinese lenders key as Thames Water’s owner seeks time to pay debts

ING, AIB and two Chinese state-owned banks expected to agree extension on £190m loan

The Guardian - UK

OPINION - Thames Water wants to raise prices 40%, spill more sewage and not be fined - after lining shareholders' pockets

Early last year, regulator Ofwat at last woke up to the exploitation of the complex financial structures around our water companies. Holding companies had been allowed to borrow against water firms’ assets to increase dividends to shareholders.

Evening Standard

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OPINION - The Standard View: Thames Water's sewage failings leave a nasty smell

It is a rudimentary lesson of statistics that correlation does not necessarily equal causation. Otherwise, Thames Water customers might reasonably conclude that the higher their bills rise, the more sewage the company pumps into London’s rivers.

Evening Standard

London's great stink: Sewage flowed into capital's rivers for almost 10,000 hours last year

Thames Water customers will see a huge rise in bills this week despite sewage being pumped into London rivers for more than 9,773 hours in 2023

Evening Standard

One in three UK water workers verbally abused amid sewage fury, GMB finds

Exclusive: public anger over river pollution affecting employee safety, union survey suggests

The Guardian - UK

Thames Water 'dumped raw sewage into river for 53 days in a row killing everything', residents claim

Residents in an Oxfordshire village have claimed the sewage has blighted their lives

Evening Standard

Look at the Thames and know the time for metaphors is over: our politics is drowning in effluent

It took a sewage-plagued Boat Race to do it, but people can now see the appalling state of England’s water industry and waterways, says Guardian columnist Marina Hyde

The Guardian - UK

Thames Water owner bond slumps to record lows amid uncertainty over firm

Fall to 14.4p comes after shareholders said they were unwilling to inject further funds

The Guardian - UK

Thames Water hires restructuring advisers amid fears of collapse

Crunch talks expected after investors refuse to secure short-term cashflow and parent company due to repay £190m loan

The Guardian - UK

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The Guardian - UK

Making an April fool of AI and Tory leaders

Brief letters: Search for perfection | Clean living | Thames Water’s woes | Tory donors

The Guardian - UK

Oxford confirm illnesses before Boat Race but stop short of blaming pollution

The River Thames was shown to have high levels of E coli in the race buildup but Oxford ‘cannot definitively’ identify the cause of the stomach bug that affected three members of their team

The Guardian - UK

‘You wouldn’t put your dog in this river’: Boat Race exposes Thames Water failings

Participants in Oxford v Cambridge competition were warned to cover wounds due to risks from E coli-polluted waterway

The Guardian - UK

The Observer view: there is still a way to save Thames Water from financial oblivion

The formation of a company solely dedicated to providing cheap, clean water is the best way out of this debacle

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The Guardian - UK

What now for Thames Water as investors turn off the taps?

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

The Guardian - UK

Friday briefing: One year on from the Guardian’s look at its historic connections to slavery

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

The Guardian - UK

Thames Water on road to state rescue amid investor standoff with Ofwat

After regulator resists 40% increase in bills, shareholders deny request for more money – raising prospect of nationalisation

The Guardian - UK

What my parents didn’t do in the war

Brief letters: Bletchley Park’s Fusion Room | Queen’s Park Rangers | A new Boat Race tradition | Thames Water | One-way ticket to Rwanda

International Business Times

UK's Biggest Water Supplier Plunges Into Deeper Financial Crisis

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

Evening Standard

Thames Water boss under fire as he says bills have to go up by 40%

The Communities Secretary branded the water company’s leaders ‘a disgrace’ and claimed the firm had acted in an ‘arrogant way’ towards its customers

International Business Times

Financial Crisis At UK's Biggest Water Supplier Worsens

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".

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