16 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

16 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

16 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

27 h. ago Klarna revives New York IPO plan with valuation of up to $14bn

Swedish fintech aims to raise up to $1.27bn less than six months after postponing previous attempt to go public

Economics

4 d. ago Rangers and Celtic fans united in anger going into derby after European disasters

Old Firm supporters will struggle to brag about their rivals’ woes while they are so justifiably unhappy with how their own clubs are being runNever in the history of a derby stretching back to May 1888 and more than 400 matches has the backdrop been as bizarre as this. The yin-and-yang nature of football in Glasgow means supporters of Celtic must be happy because those following Rangers feel dismay, or vice versa. Very occasionally there is general contentment, as in recent times when Rangers could draw kudos from European progress to offset domestic disappointment.As the sides head for Ibrox on Sunday there is outrage. Widespread, collective outrage. In Russell Martin and Brendan Rodgers, we have managers who do not feel compatible with their clubs. Victory for either side in the first Old Firm clash of the season would douse dissenting voices only momentarily. Embarrassment came in different forms for Celtic and Rangers in Europe this week but it was embarrassment nonetheless. Fo...

Events

7 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

1 week ago BrewDog is 'struggling to be relevant' says bar chain that axed them

Loungers, a 300-strong bar chain, removed the Scottish group's products from sale two years ago after deciding it was struggling to stay relevant.

Politics

2 w. 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 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 Starmer ‘set to revive Northern Powerhouse Rail plan’ to boost UK infrastructure

Sir Keir Starmer is set to make the announcement before the Labour conference in a speech with chancellor Rachel Reeves

Politics

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

3 w. ago North London flooding: Thames Water warns 'complex' repairs could take days to fix

Some places have been left under 44cm of water and 70 firefighters worked to stop the flooding

Events

3 w. ago Islington burst water main needs complex repair, says Thames Water

Islington burst water main needs complex repair, says Thames Water  BBC

Politics