Thames Water’s emergency loan could cost £800mn in interest and fees

Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn experts

World - Financial Times - 14 hours ago

Thames Water wins bondholder approval for £3bn emergency loan

Three-quarters of top ranking lenders approve expensive plan to avert cash crunch

Business - Financial Times - 4 days ago

Thames Water bondholders fall out over emergency loan

Lower-ranking creditors complain to utility they have been cut out of restructuring negotiations

Business - Financial Times - October 18

Thames Water seeks up to £3bn in emergency loans from creditors

New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisation

Business - Financial Times - October 25

Rival creditor group offers Thames Water emergency loan at lower rate

The UK’s largest water and sewerage provider is struggling with a £19bn debt load

Business - Financial Times - October 31

Thames Water secures £3bn loan to survive into 2025

The UK's biggest utility company agrees a lifeline to help it last until next October.

How Thames Water became a battleground for hedge funds

Rival groups of bondholders are vying to extend loans to the troubled UK utility

Business - Financial Times - November 10

Tory treasurer’s water company in discussions to take stake in Thames Water

Castle Water’s plans for the troubled utility include an eventual IPO

Business - Financial Times - October 25

Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations

The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.

Business - The Wall Street Journal - October 25

S&P downgrades Thames Water debt further into ‘junk’ territory

Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financing

Business - Financial Times - October 29

Will home equity loan interest rates fall in November?

Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.

Thames Water lenders call for more backers for £1.5bn rescue cash – business live

Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...

World - The Guardian - November 4

Republicans unveil emergency bill to fund tapped-out disaster loan program

Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...

Politics - The Hill - October 29

7 credit card fees that increase the cost of your debt

Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.

How Distributors’ Fees Cost Consumers and Small Food Companies Dearly

A tussle between big food manufacturers, grocery chains, and distributors for narrow profit margins squeezes the small producers caught in the middle.

Business - Inc. - November 5

What causes home equity loan interest rates to drop? And will they keep falling?

Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.

What's the home equity loan interest rate forecast for November 2024?

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

How far will home equity loan interest rates drop in November?

Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

How low will home equity loan interest rates drop in November?

There are a few events in November that could help push home equity borrowing rates lower, experts say.

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

'Sorry' water boss has plan to end sewage spillages

Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

These 17 factors could soon make you eligible for student loan forgiveness

The Biden Administration has outlined two pathways for student loan borrowers facing financial hardship to get debt relief.

Business - CNBC - October 25

What Trump's win could mean for student loan forgiveness

The Biden administration's work to cancel student loan debt for tens of millions of Americans will likely come to an end with the election of Donald Trump.

Business - CNBC - November 7

Here's when home equity loan rates could fall again

There are plenty of upcoming dates in which home equity loan rates could fall again. Here are three to watch for.

Car buyer payouts over loan scandal could be delayed

Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.

Clues to a Trump or Harris Victory Could Emerge Early. Here’s What to Look For.

It has been a race unlike any other, and declaring a winner could take a while. Here are some potential harbingers.

Top stories - The New York Times - November 5

Trump tariffs could cost UK £22bn of exports

The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.

Ofwat could be scrapped in sweeping review of failing UK water industry

Environment secretary says new commission will consider all options regarding water regulator

Business - Financial Times - October 22

How much does a $30,000 home equity loan cost per month now that rates were cut?

A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.

How much would a $10,000 home equity loan cost monthly now that rates are cut?

Home equity loan interest rates are on the decline. Here's how much a $10,000 loan costs per month right now.

Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts

The buy-now-pay-later company aims to tap into a revival of interest in stocks like Affirm and SoFi.

Business - MarketWatch - 3 days ago

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