48 h. ago Thames Water has secured a £3bn rescue deal. Here’s what it means for customers

A loan deal designed to prevent the utility company from going bust looks set to go ahead

Economics

50 h. ago Thames Water's "Class B" creditors consider Supreme Court appeal after losing restructuring challenge

The bondholders say they need to see the wording of the Court of Appeal dismissal before making a decision that could prolong legal wrangling

Events

52 h. ago Thames Water can continue with £3 billion restructure plan after winning court battle

An appeal against the restructure plan has been dismissed

Economics

52 h. ago Thames Water restructure approval challenge dismissed at Court of Appeal

In February, a High Court judge sanctioned a plan proposed by the parent company of Thames Water Group allowing the utility to stay afloat.

Events

52 h. ago Thames Water's £3 billion restructuring challenge dismissed by Court of Appeal

The decision means Britain’s biggest water company can fight on for another year rather than run out of cash later this month

Economics

53 h. ago London court dismisses appeals against Thames Water debt lifeline

London court dismisses appeals against Thames Water debt lifeline  TradingView

Economics

8 d. ago Thames Water restructuring plan should not have been approved, court told

A group of Thames Water’s creditors and others are appealing against a decision by the High Court to sanction a plan to keep the company afloat.

Events

8 d. ago Thames Water faces court claim that £3bn bailout is ‘poor, short

Campaigners to argue in court of appeal that plan is not in public interest and special administration is best optionEnvironmental campaigners will challenge the granting of a high-interest £3bn emergency loan to struggling Thames Water at an appeal on Tuesday, arguing the “eye-watering” costs for a short-term fix are not in the public interest.With protests planned outside the court of appeal, Charlie Maynard, a Liberal Democrat MP who represents the campaigners, will argue in a three-day hearing that the public and consumer interest is not served by the debt package, which comes with a bill of almost £1bn in interest payments and financial adviser fees. Continue reading...

Economics

4 w. ago MP says he intends to appeal against approval of Thames Water restructure plans

Barristers for Liberal Democrat MP Charlie Maynard previously told the court the company should be put into special administration.

Politics