Thames Water
UK water company
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Thames Water Utilities Ltd, trading as Thames Water, is a British private utility company responsible for the water supply and waste water treatment in most of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, north Wiltshire, far west Kent, and some other parts of England. Like other water companies, it has a monopoly in the regions it serves.
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Thames Water backers urge rivals to join £1.5bn plan The group of financial heavyweights offering Britain's biggest water supplier a £1.5bn lifeline is calling on the company's other backers to accept the plan in a last-ditch bid to save the utility.Sky News - Published | |
Carlyle joins list of possible Thames Water rescue backers Carlyle, the American investment giant, has become the latest global fund to weigh an investment in Thames Water as the stricken utility races to avoid being nationalised.Sky News - Published | |
Thames Water's downward spiral is accelerating as it gets closer to the plughole Like an emptying bath, Thames Water's downward spiral is accelerating as it gets closer to the plughole.Sky News - Published | |
Thames Water boss 'untroubled' by prison threat - and says he can save company The chief executive of Thames Water has insisted he can rescue the debt-laden utility, which faces running out of cash in months if it cannot raise fresh equity.Sky News - Published | |
Thames Water reveals when its cash could run dryCrisis-hit Thames Water has warned its cash is at risk of running dry by the end May next year due to a lack of new investment, forcing it to prepare a plan for its lenders.Sky News - Published | |
Ofwat hits ailing Thames Water with £40m fine over dividend paymentBritain's biggest water company has been told it faces a fine of more than £40m over the payment of a shareholder dividend in spite of its poor performance.Sky News - Published | |
Thames Water tells hundreds of people not to drink tap waterHundreds of people living in a village in Surrey have been warned not to drink tap water after tests carried out by Thames Water.Sky News - Published | |
Thames Water investors to quit boards amid spectre of bailoutRepresentatives of Thames Water's multinational syndicate of shareholders are poised to quit as directors of its corporate entities after refusing to inject the billions of pounds of funding required..Sky News - Published | |
Thames Water crisis deepens as holding company defaults on debtThe crisis enveloping Thames Water has deepened after its holding company announced it had defaulted on its debt.Sky News - Published | |
Dutch bank ING is key lender to Thames Water parent as cliff-edge loomsThe Dutch banking giant ING has been thrust into a pivotal role in determining the future of stricken Thames Water's parent company amid growing expectations that lenders will agree a loan extension..Sky News - Published | |
Thames Water boss refuses to rule out bill increases of up to 40% to secure company's futureThe chief executive of Thames Water has refused to rule out bill increases of up to 40% for customers as the troubled company tries to secure its future.Sky News - Published | |
Thames Water shareholders blame Ofwat as they pull fundingShareholders in troubled Thames Water have blamed Ofwat for not giving the "regulatory support" needed to help the company's turnaround plan.Sky News - Published | |
Thames Water directors hold crunch talks over utility's futureThe board of Thames Water was locked in crunch talks on Wednesday as shareholders prepare to dilute a pledge to inject funds into the company that would secure its survival.Sky News - Published | Thames Water lenders hire EY as debt deadline loomsA group of lenders to Thames Water's parent company have engaged advisers weeks before a £190m debt held by Britain's biggest water utility falls due.Sky News - Published |
Thames Water to be investigated over dividend paymentsThames Water has been asked to explain a £37.5m dividend payment made to a parent company.Sky News - Published | Thames Water reveals leap in pollution incidentsThames Water has revealed an 18% rise in pollution incidents during the first half of its financial year.Sky News - Published |
'Major incident' declared after supply issue leaves thousands without waterThousands of people were left without water on Sunday due to an issue at a Thames Water treatment works.Sky News - Published | 300 jobs at risk at UK's largest water companyThe UK's largest water company, Thames Water, has said around 300 of its jobs could be cut.Sky News - Published |
Large swathes of west London left without water after power supply problemThousands of homes in west and southwest London have been left with low pressure or without water, Thames Water says.Sky News - Published | 'Unfortunate truth': Thames Water boss warns bills will have to go upA boss at troubled Thames Water has warned that bills will have to go up across the country if the industry is to meet its investment challenges despite anger over its business models .Sky News - Published |
Thames Water secures additional £750m from shareholders in race to avoid nationalisationThames Water says it has secured a commitment for an additional £750m investment by shareholders, as the debt-laden company races to avoid the possibility of being placed in temporary public..Sky News - Published | Thames Water races to secure investor backing ahead of delayed accountsBritain's biggest water company is this weekend corralling its shareholders to support a major capital injection as it prepares to publish delayed annual accounts.Sky News - Published |
Thames Water fined more than £3m over sewage spill that turned rivers blackThames Water have been fined more than £3m after admitting polluting rivers.Sky News - Published | Customers told 'nothing will happen' with bills following Thames Water concerns Thames Water customers have been assured that "absolutely nothing" will happen to their bills or supply, as the heavily indebted firm scrambles to raise cash from investors to prevent its collapse.Sky News - Published |
Government 'prepared for range of scenarios' amid fears of Thames Water collapseThe government said it is prepared for a range of scenarios amid fears Britain's biggest water company could collapse.Sky News - Published | From privatisation to profits: How providing clean water became a murky business The revelation that ministers are considering bringing Thames Water into temporary public ownership has reopened the fierce debate over the privatisation of the country's water industry.Sky News - Published |
Ministers weigh contingency plan for collapse of Thames Water The government has begun drawing up contingency plans for the collapse of Thames Water amid growing doubts in Whitehall about the ability of Britain’s biggest water company to service its £14bn..Sky News - Published | Thames Water boss quits with immediate effect The chief executive of London's water provider has resigned with immediate effect after criticism of her £1.6m pay packet and the company's environmental performance.Sky News - Published |
Homes flooded after water mains burst in north London Thames Water has apologised for "the flooding and distress" caused by a burst pipe in north London that forced several homes to be evacuated.Sky News - Published | Hosepipe ban for 15 million people lifted Thames Water is lifting the hosepipe ban it imposed in the summer.Sky News - Published |
Thames Water hosepipe ban comes into force - affecting millions of people A hosepipe ban for 15 million Thames Water customers has come into effect.Sky News - Published | Thames Water says hosepipe ban to start next weekA hosepipe ban for Thames Water customers will start on 24 August due to "unprecedented weather conditions".Sky News - Published |
Water executive can't rule out ramping-up customer restrictions if UK suffers another dry winterA senior Thames Water executive has told Sky News that the company can't rule out bringing in more restrictions for customers if the UK suffers another dry winter.Sky News - Published | |
