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The Latest Breaking News on Ofwat accused of ‘meaningless gesture’ after reducing Thames Water penalty

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

Who owns Thames Water? Firm in High Court battle against administration

Company needs up to £3bn to stay afloat

Evening Standard

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

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read the most diverse news in one place.

The five water companies that regulator Ofwat is most worried about

There are fears about other companies alongside troubled Thames Water

Wales Online

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

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

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

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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

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 Guardian - UK

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 National (Scotland)

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 Week

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

What the papers say – June 29

Rising crisis at Thames Water takes centre stage on several of Thursday’s newspaper front pages.

The Independent UK

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.

Fortune

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The Guardian - UK

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

‘Concerned’ government eyes temporary nationalisation of Thames Water

England’s largest water company could be put under ‘special administration’ regime

The Guardian - UK

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

The Guardian - UK

What went wrong at Thames Water and what could a bailout look like?

The lowdown as ministers and regulator make contingency plans amid fears company may collapse

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The Guardian - UK

Mounting debts and public anger could finally sink water companies in England and Wales

Firms have loaded up debt to pay dividends and been fined millions for dumping raw sewage into rivers

The Guardian - UK

Call for Thames Water inquiry after children fell ill after swimming in river

Campaigners condemn pollution and shortages as government and regulator discuss possible bailout

Evening Standard

The energy crisis is easing. But Britain’s water crisis is just beginning

City Comment: Water’s ill-suited to privatisation, but the Government can’t afford to renationalise the sector. That means your bills are going up.

Daily Mirror

Thames Water: Everything you need to know - including if your water supply is safe

There are suggestions that Thames Water could be placed into a special administration regime (SAR) - the same process used when energy supplier Bulb collapsed

Evening Standard

Thames Water crisis puts privatised industry’s future in doubt

Thames Water insiders blame “decades of neglect” by previous owners and management teams for the poor performance

Evening Standard

Government on alert amid fears Thames Water ‘could collapse’

The future of Thames Water was thrown into doubt on Wednesday after its boss dramatically quit amid reports the Government is drawing up contingency plans for its collapse.

Evening Standard

Who is Sarah Bentley and why is she stepping down from Thames Water?

Troubled company announces chief will continue in post until a replacement is found

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