Thames Water woes expose wretched debt-plagued industry July 3, 2023 Thames Water is in serious trouble, but its problems reflect challenges with debt and sewage spills across the industry.
Architect of water privatisation defends decision amid Thames Water turmoil July 1, 2023 Lord Michael Howard, one of the architects of water privatisation, defended the decision amid questions over Thames Water’s future.
Super sewer still on track despite Thames Water troubles June 30, 2023 It is “inconceivable” that Thames Water’s financial woes will derail London’s new super sewer, says Tideway boss.
Thames Water and Ofwat face Westminster grilling over growing debt pressures June 30, 2023 MPs will grill Thames Water executives and market watchdog Ofwat amid growing concerns over the finances of the UK's largest water supplier.
Yorkshire Water raises £500m from shareholders amid Thames Water troubles June 29, 2023 Yorkshire Water has raised £500m from shareholders, as part of its long-term equity plan to invest nearly a £1bn over the next five years.
Thames Water crisis: Government looks to allay fears of potential collapse with nationalisation mooted June 29, 2023 Ministers have looked to allay fears around the impact of Thames Water potentially going under as the regulator vowed to work with the sector to deal with its debt levels. Work and Pensions Secretary Mel Stride said there were “contingency plans in place for any eventuality” as Thames Water battles to finance the £14 billion [...]
Thames Water’s woes don’t show the folly of privatisation, but a lack of competition June 29, 2023 Thames Water has got itself into this position not because it's in private hands, but because it isn't subject to the improving forces of the market
Tories turn up the heat on Ofwat as Thames Water scrambles for £1bn in funds June 28, 2023 A front-bench member of the cabinet has raised concerns over the future of Thames Water, amid its desperate bid for funds from investors.
Thames Water confirms shareholder talks – but plays down fears of collapse June 28, 2023 Thames Water confirms it is in talks with shareholders over securing more funding, and has played down fears it could collapse.
Darren Jones: Labour’s powerful business committee chair ‘sick’ of Ofwat failings amid Thames Water woes June 28, 2023 Darren Jones, the Labour MP who chairs the business and trade committee, has slammed Ofwat's regulation of the water industry.
