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.

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 - November 13

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

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 - 4 days ago

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

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

Three water firms blocked from using customer money for bonuses

The regulator Ofwat's new powers prevent bonuses being funded from customer bills.

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

Man survives monthlong ordeal in US park on a mushroom, berries and water

Robert Schock recounts how he ‘really felt … close to death’ after being lost in North Cascades national park for 30 days. A man ingested a mushroom, berries and water to survive getting lost for ...

World - The Guardian - October 28

Should you open a home equity loan now or wait until 2025?

There are pros and cons to opening a home equity loan now versus later in 2025. Here's what to consider.

Should you take out a mortgage loan now or wait until 2025?

If you're on the fence about whether to buy a home now or delay further, here's what you should know.

Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.

Business - MarketWatch - October 25

What Okta’s failures say about the future of identity security in 2025

2025 needs to be the year identity providers go all in on improving every aspect of software quality and security, including red teaming.

Tech - VentureBeat - 5 days ago

What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues

The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’s

Business - MarketWatch - November 12

Early 2025 Outfield Outlook: Brenton Doyle's defense secures his everyday role, but questions persist

Find out why Chris Towers believes Jackson Merrill could be a superstar for the next decade

Sports - CBS Sports - October 31

Identity management in 2025: 4 ways security teams can address gaps and risks

The majority of businesses, 90%, have experienced at least one identity-related intrusion and breach attempt in the last twelve months.

Tech - VentureBeat - November 9

2025 WNBA Draft order: Wings secure No. 1 pick in Paige Bueckers sweepstakes, Aces' first-rounder rescinded

Bueckers is expected to be the first overall pick out of UConn

Sports - CBS Sports - 3 days ago

Social Security beneficiaries to soon receive notices revealing the size of their 2025 benefit checks

A 2.5% cost-of-living adjustment, Medicare Part B premiums and tax liabilities are key changes to watch for that affect 2025 Social Security benefits.

Business - CNBC - 20 hours ago

HSBC chief says east-west division will not lead to ‘any split’

Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive

Business - Financial Times - October 29

Biden administration awards $3bn to US ports for climate-friendly upgrades

Grants to be used to improve port infrastructure and reduce greenhouse gas emissions at 55 sites across the country. Joe Biden’s administration is awarding nearly $3bn to boost climate-friendly ...

World - The Guardian - October 29

Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies

Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...

World - The Guardian - November 3

Apple facing near-£3bn UK lawsuit over cloud storage ‘monopoly’

Which? claims firm engaged in anti-competitive practices that led to 40 million people ‘being overcharged’. Apple is facing a near-£3bn lawsuit over claims it breached competition law by ...

World - The Guardian - November 14

Trump and student loans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump's win means for student loan forgiveness Advocates are now focusing ...

Politics - The Hill - November 8

Against Panic: A Survival Kit

There is no cure for profound grief, but beauty and love and tenderness can walk alongside it and ease the solitude.

Top stories - The New York Times - November 11

US finalises $20bn loan to Ukraine

Treasury officials say at least half of the funds could be delivered to Kyiv before end of year

Business - Financial Times - October 23

Is a $100,000 home equity loan worth it?

A $100,000 home equity loan could be worth opening for a wide swath of homeowners. Here's why.

Japan is having a moment but will it survive Trump?

Some believe the country’s economy could benefit from the result of the US election

World - Financial Times - November 8

The global green transition will survive Trump

Higher borrowing costs from tariffs and tax cuts will be the US’s main impact on carbon-saving investment worldwide

World - Financial Times - 6 hours ago

'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.

The water industry is in crisis. Can it be fixed?

Simon Jack asks what reform of the troubled sector could mean for customers and their bills.

The Hippopotamus Is Social in Water, Solitary on Land

World - Yahoo News - November 4

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