Thames Water closes in on £16bn rescue deal with lenders
Thames Water is edging closer to a multibillion pound rescue deal with its lenders that would keep the ailing utility out of temporary public ownership.
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One of Britain's top corporate troubleshooters is being lined up to spearhead a multibillion pound rescue of Thames Water after the company's preferred bidder walked away.
More...03-06-2025, 06:15 PM -
The investment giant lined up to rescue Thames Water abandoned its offer days after talks took place involving one of its co-founders and Downing Street officials.
More...03-06-2025, 12:49 PM -
Ministers have lined up insolvency practitioners to prepare for the potential collapse of Thames Water, Britain's biggest water utility.
More...12-08-2025, 01:36 PM