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Topic

thames-water

7 stories

Thames Water headquarters beside the River Thames in Reading, a case study in the fight over utilities public ownership insolvency law

Insolvency law blocks Thames Water takeover

Thames Water customers face bills up to 44% higher while an insolvency law loophole, not political will, keeps the…

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Ofwat hikes bills amid hosepipe bans

Ofwat approved £3.4bn in fresh water bill hikes the same week 27 million people were put under hosepipe bans.

Thames_Water_at_work_in_Muswell_Hill-_London-scaled

Hosepipe-ban billpayers fund Thames Water’s £1m bonus

Thames Water customers under a hosepipe ban are funding a £1m bonus for the firm's new finance chief, paid from…

News, Thames Water

Thames Water applies for fresh bill rise

Thames Water has asked Ofwat for another bill rise the same week its hedge fund creditors hired lawyers to fight Andy…

Andy Burnham pictured in front of a coastline wearing a white shirt and black suit jacket

Hedge funds threaten to sue Britain over Thames Water

Hedge funds that loaded Thames Water with £21bn of debt are lawyering up to stop Burnham nationalising it, as 16…

Thames Water headquarters building beside the River Thames in Reading, Berkshire, amid the Thames Water shareholders nationalisation dispute.

Billpayers pick up tab for Thames Water shareholders’ gamble

Hedge funds owning Thames Water's debt are manoeuvring to dodge special administration, leaving 16 million billpayers…

Thames Water headquarters building beside the River Thames in Reading, Berkshire, at the centre of the Thames Water special administration row.

Sixteen million face higher bills in Thames Water bailout, MPs warn

MPs demand Thames Water go into special administration, warning a hedge-fund bailout would raise bills while sparing…