Dutch bank ING is key lender to Thames Water parent as cliff-edge looms
Thursday, 4 April 2024 The 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 ahead of a repayment deadline this month.
"Livid" activists have responded to a court ruling which will see Thames Water given a £3bn rescue loan. Liberal Democrat MP, Charlie Maynard, who brought a public interest claim into court, said he would seek to appeal the decision which he said was "not in the public interest".
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