Thames Water wins approval for controversial £3bn creditor loan

Read more at Financial Times
Topics
-
Thames Water's £3bn rescue deal cleared by court
The funding allows the company to continue operating and attempt to restructure its massive debt pile.BBC News - 1h -
Regulator accused of letting hedge funds control Thames Water
Allegation comes as utility waits for Court of Appeal decision over £3bn emergency loanFinancial Times - 2d -
Pimco books 17% instant profit on Thames Water emergency loan
Bond group records windfall on lifeline for UK utility even before deal is finalisedFinancial Times - 6d -
Trump Administration Must Rehire Thousands of Fired Workers, Judges Rule
A federal judge called the administration’s justification for the firings of workers with probationary status a “sham.” Another ruling barred the administration from carrying out future mass ...The New York Times - 3d -
Thames Water set for crucial court ruling
If it does collapse, who will pay and how much?BBC News - 22h -
Meta stops ex-director from promoting critical memoir
Social media company wins US emergency ruling preventing ex-director from publicising her book.BBC News - 4d -
Federal judge orders Doge to release internal records for transparency
Musk said social media posts were sufficient documentation for agency that is changing face of government. US politics live – latest updates A federal judge has ruled that Elon Mus k’s ...The Guardian - 6d -
Taxpayers will suffer if Thames Water collapses, warns regulator
Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.BBC News - 3d -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 6d
More from Financial Times
-
FCA to ban Crispin Odey from financial services industry
Odey has said he will challenge the decision through the courtsFinancial Times - 1h -
How Jack Ma’s pivot to AI rehabilitated Alibaba
The Chinese tech giant is establishing a lead in a fiercely competitive sector, and its billionaire founder is back in favourFinancial Times - 10h -
How Trump could destroy his own political movement
The US president and his followers are entering new and dangerous territoryFinancial Times - 4h -
What should Reeves and Starmer say and do next?
The government needs to view the hard times coming upon us as an opportunity, as well as a crisisFinancial Times - 10h -
Italian football star sparks outrage with plan to attend Moscow gala
Retired AS Roma player Francesco Totti appears on billboards across Russian capitalFinancial Times - 44m
More in Business
-
Don’t do anything about your 401(k) until Tuesday
This key report should drop then.MarketWatch - 9m -
How A.I. Companies Are Turning Into Energy Companies
The race to build the best artificial intelligence products is resulting in a worldwide search for new energy sources to power tech giants’ data centers. Karen Weise, a technology correspondent for ...The New York Times - 9m -
Buffett's Berkshire hikes stakes in five Japanese trading houses to almost 10% each
Berkshire Hathaway raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.CNBC - 13m -
Mass Deportations Could Cut Trump’s Support From Latino Business Owners and Employees
After Latino voters helped Trump win in November, many could be affected by his plans for a mass expulsion of undocumented workers.Inc. - 17m -
Consumer Spending Rose Weakly in February
Tepid gains after a January dropoff indicate growing caution among U.S. shoppers amid stock market plunges and DOGE job cuts.Inc. - 23m