4 d. ago Thames Water bosses were set for £18.5mn before outcry over bonuses

Creditors have proposed injecting £3bn of equity and taking a 20 per cent writedown on loans in latest rescue plan

Economics

1 week ago Business News: Water sector under pressure as Thames deal collapses while M&S boss sees pay rise to £7.1m

From calls to overhaul the water industry and Thames Water’s failed investor talks, to Greg Hands’ new role at Royal Mail and a £7.1m payday for the M&S boss - here are today’s top UK business stories.

Economics

1 week ago New York private equity giant KKR pulls out of Thames Water rescue

Thames Water boss says he is “disappointed” by KKR’s decision

Events

2 w. ago Thames Water walloped with Ofwat's biggest fine as boss defends massive bonus

The water company must pay a whopping £122.7m over sewage spills and shareholder payouts. as boss Chris Weston has said he does 'make a difference'

Politics

3 w. ago Thames Water drops bonuses due for bosses after Government criticism

Mr Reed confirmed the proposals had been dropped during an Environment, Food and Rural Affairs (Efra) committee session with MPs on Tuesday.

Politics

3 w. ago Thames Water chairman rows back on comments over bonuses for bosses

Sir Adrian Montague said he may have ‘misspoken’ during an Environment, Food and Rural Affairs (Efra) committee session with MPs last week.

Politics