Thames Water's finance chief departs at crucial stage of survival battle - Alastair Cochran steps down next week after more ...
The utility, which is the UK’s biggest water company, had over £1.1bn of cash on its balance sheet as recently as September. Alastair Cochran, Thames Water’s chief financial officer, ...
The water and sewerage industry has been privately ... the regulator asked customers to pay the companies – sought a balance-sheet ratio between debt and equity of 60:40. The ratio, which ...
Thames Water, which supplies a quarter of the UK ... even more than happened at many counterparts, leveraged up its balance sheet to the hilt to maximise returns. A regulatory focus on consumer ...
Britain’s Southern Water Ltd. is trying to fix its finances in an effort to preserve its investment grade status, safeguard its balance sheet — and avoid the same debt woes as Thames Water.
Southern Water is seeking debt relief from some of its creditors, it was reported on Wednesday, as its owner Macquarie Asset ...
Thames Water has been left without a permanent financial ... loan that will buy it enough time to recapitalise its balance sheet and put its finances on a secure footing. The former investment ...
The departure comes after Thames won an appeal court battle over a £3 billion emergency loan that will buy it enough time to recapitalise its balance sheet and put its finances on a secure footing.
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