11 h. ago Thames Water creditors pledge more investment to try to seal rescue deal

Bondholders also intend to inject more equity into the utility as it seeks to avert nationalisation

Economics

11 h. ago Thames Water creditors outline £20.5bn investment aims under rescue plans

The London & Valley Water consortium is pledging to ‘fix the foundations’ of Thames Water with the mammoth spending proposal put forward to Ofwat.

Economics

11 h. ago Thames Water unveil £20.5 billion action plan to revive struggling water firm

Thames Water is on the brink of nationalisation as it struggles under a mountain of debts

Economics

6 d. ago Thames Water agrees new £122m fine payment plan amid concerns over its future

Campaign group River Action slammed it as a ‘sweetheart deal’

Economics

7 d. ago Thames Water to pay fifth of record £122.7m fines by end of September

The remaining 80% is dependant on the financial security and future of the debt-laden water supplier, but a backstop has been set for March 31 2030.

Economics

7 d. ago Why I'm now convinced the Premium Bond prize rate will be slashed in October: SYLVIA MORRIS

National Savings & Investments announced that it has raised £2.5bn from us between April and June - the first quarter of its financial year.

Politics

1 week ago The 2,000 London homes pumping waste straight into the rivers

Thames Water has identified 2,294 misconnections in properties throughout London over the past five years

Politics

2 w. ago Ben Fogle aims to rescue ‘struggling’ Sheffield clothing brand in Channel 5 show

Ben Fogle: Made In Sheffield is expected to air on Channel 5 in 2026.

Events

2 w. ago Department of Justice to begin handing over Epstein files to Capitol Hill – US politics live

DoJ agrees to provide Congress documents from the Epstein sex trafficking investigation, says House lawmaker on MondaySoftBank has agreed to invest $2bn (£1.5bn) in Intel, amid reports that Donald Trump’s administration is also considering a stake in the struggling US chip maker.The Japanese technology investor announced the multibillion-dollar deal on Tuesday, in a move expected to give it a 2% stake in the business. Continue reading...

Politics

2 w. ago SoftBank invests $2bn in Intel; proposed new UK property tax ‘could cut cost of buying expensive homes’

Washington reportedly considering 10% stake in US chipmakerGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Japan’s SoftBank has agreed to invest $2bn (£1.5bn) in Intel, the struggling US chip company, while the Trump administration is reportedly considering a 10% stake in the business by converting Chips Act subsidies into equity. That would make Washington Intel’s largest shareholder.Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role. Continue reading...

Economics

2 w. ago Nith Inshore Rescue crew member aims to climb Criffel 16 times in four days

Jamie Milligan will take on the challenge wearing his full lifeboat kit as he bids to raise vital funds for the team.

Events

2 w. ago IAN WILLIAMS: Ministers blinded by Beijing's cash cannot see their dangerous folly

The warning from America is stark: selling Thames Water, Britain's biggest water and sewage business, to a Chinese company would be a 'national security threat'.

Politics

2 w. ago US politicians warn Labour that selling Thames Water to a Chinese firm would be a 'national security threat'

Hong Kong 's CK Infrastructure Holdings (CKI) has emerged as a leading contender to take over debt-laden Thames Water.

Events

2 w. ago Fundraising campaign aims to secure future of vital Dumfries and Galloway rescue service

Fleet Bay Inshore Rescue Boat needs to make changes so it can once again be called out by the Coastguard.

Events

3 w. ago Chinese firm a leading contender to buy Thames Water, reports say

Hong Kong’s CKI among those lining up to acquire struggling company if it collapsesA Chinese firm is reportedly a leading contender to buy Thames Water if the heavily indebted company collapses in coming weeks.Hong Kong’s CKI, which invests in power and other utility companies in the UK, is among those lining up to acquire the water and sewerage supplier if it enters a special administration regime (SAR), according to the Times. Continue reading...

Economics

3 w. ago Thames Water could be sold to the Chinese after the Labour government puts it into temporary public ownership to 'wipe' much of its £16.8billion debt

Steve Reed, the environment secretary is understood to be making 'active preparations' to essentially nationalise Britain's largest water utility.

Economics

3 w. ago Chinese firm could take over failing Thames Water marred by £16 billion worth of debts and sewage scandal

Ministers are preparing to take Britain’s biggest water supplier into temporary public ownership

Economics

3 w. ago Government hires advisers to plan for potential Thames Water collapse

The embattled water company has been at threat of both nationalisation and collapse as its investors and creditors scramble to keep the group afloat.

Politics

3 w. ago Thames Water crisis plan drawn up by the Government in case of potential collapse

The environment secretary has signed off the appointment of FTI Consulting to assist with contingency planning for putting Britain's biggest water supplier into a special administration regime amid spiralling debts.

Politics

3 w. ago Government lines up insolvency firm in case of Thames Water collapse

Contingency plans could see Britain’s biggest water firm placed into a special administration regime.

Politics