Latest in Thames
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Three water firms blocked from using customer money for bonuses
The regulator Ofwat's new powers prevent bonuses being funded from customer bills.Top stories - BBC News - 4 hours ago -
I’m obsessed with a historic shipwreck: it’s murky and dangerous but diving in the Thames, I feel like a detective
When exploring wrecked warship the London I can barely see six inches ahead, but I’ve dived 500 times to document and save the secrets of this vessel built by Oliver Cromwell. When I dive to the ...World - The Guardian - 2 days ago -
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 expertsWorld - Financial Times - 4 days ago -
Thames Water wins bondholder approval for £3bn emergency loan
Three-quarters of top ranking lenders approve expensive plan to avert cash crunchBusiness - Financial Times - November 13 -
How Thames Water became a battleground for hedge funds
Rival groups of bondholders are vying to extend loans to the troubled UK utilityBusiness - Financial Times - November 10 -
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 -
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 loadBusiness - Financial Times - October 31 -
S&P downgrades Thames Water debt further into ‘junk’ territory
Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financingBusiness - Financial Times - October 29 -
Tory treasurer’s water company in discussions to take stake in Thames Water
Castle Water’s plans for the troubled utility include an eventual IPOBusiness - Financial Times - October 25 -
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.Top stories - BBC News - October 25 -
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 nationalisationBusiness - 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