Thames Water: debt lifeline provides relief but challenges remain
Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, warding off nationalisation and giving it time to sort out its finances, boosting its chances of survival.
Thames Water secures £3bn lifeline after court ruling
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
Water bills in England and Wales will rise by an average of £123 a year from April. The average annual bill will be £603, but ...
Thames Water has asked Ofwat ... against the debt on their account to help clear it sooner. If you're on a water meter but find it hard to save water as you have a large family or ...
1don MSN
The UK's biggest water supplier had been set to run out of money by 24 March without a £3bn loan from its creditors, amid ...
Oxford Mail on MSN22h
Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ termsOxfordshire's water company Thames Water has won approval for a high-cost £3billion loan to save it from collapse, as an ...
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