Rain raises Rhine river water in Germany, north still too shallow July 3, 2023 Water levels on the river Rhine in Germany have risen after rain but are still too low in northern and central areas for cargo vessels.
Thames Water woes expose wretched debt-plagued industry July 3, 2023 Thames Water is in serious trouble, but its problems reflect challenges with debt and sewage spills across the industry.
Labour and Just Stop Oil donor says there’s “no kind of deal” on party policy July 2, 2023 Green energy industrialist Dale Vince has denied being “an eco-zealot” as he defended his £1.5m donations to Labour. Vince told Sky News he was not seeking to influence leader Sir Keir Starmer by giving cash to the party and that there was not “some kind of deal going on”. The Ecotricity owner accused the “right [...]
Watchdog raises ‘greenwashing’ concerns over sustainable loans – but experts question need for ‘hard laws’ June 30, 2023 The Financial Conduct Authority (FCA) has highlighted a number of issues in sustainable lending which are stymying the growth of the market. In a letter sent yesterday to sustainability heads at banks, the watchdog noted that the market for sustainability-linked loans (SLLs) – which link borrowing costs to sustainability targets – had “grown rapidly” over [...]
Super sewer still on track despite Thames Water troubles June 30, 2023 It is “inconceivable” that Thames Water’s financial woes will derail London’s new super sewer, says Tideway boss.
Thames Water and Ofwat face Westminster grilling over growing debt pressures June 30, 2023 MPs will grill Thames Water executives and market watchdog Ofwat amid growing concerns over the finances of the UK's largest water supplier.
Yorkshire Water raises £500m from shareholders amid Thames Water troubles June 29, 2023 Yorkshire Water has raised £500m from shareholders, as part of its long-term equity plan to invest nearly a £1bn over the next five years.
Thames Water: City grandee and crisis specialist Sir Adrian Montague lined up as new chair June 29, 2023 Thames Water has lined up long-standing city grandee and crisis specialist Sir Adrian Montague as it new chair.
Tories turn up the heat on Ofwat as Thames Water scrambles for £1bn in funds June 28, 2023 A front-bench member of the cabinet has raised concerns over the future of Thames Water, amid its desperate bid for funds from investors.
Thames Water confirms shareholder talks – but plays down fears of collapse June 28, 2023 Thames Water confirms it is in talks with shareholders over securing more funding, and has played down fears it could collapse.