Mark Kleinman: Next government faces unholy trinity June 6, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
You couldn’t make it up: Thames Water wins regulator’s innovation competition May 30, 2024 Thames Water, the firm responsible for billions of litres of untreated sewage being released into our rivers, has won a £16.9m award
Thames Water and Ofwat tight-lipped on plans to cut fines and avoid nationalisation May 29, 2024 Thames Water has asked Ofwat to allow it to increase bills for customers. A decision will be made by 11 July.
“Disgusting” revelation on sewage should see Thames Water “ripped up” May 27, 2024 Thames Water should be “ripped up” and no longer allowed to be for profit, after it emerged some 14bn litres of sewage were released in 2023, the Liberal Democrats have said.
Thames Water’s week from hell: Ofwat looks to act, resignations, anger and bonds May 22, 2024 The crisis at Thames Water intensified this week amid a cocktail of government warnings, resignations and threats from the regulator. This morning, the chancellor of the exchequer, Jeremy Hunt, slammed Britain’s biggest water company, saying he was “very cross at them.” His comments were in response to claims that Thames was planning to raise its [...]
United Utilities: Water firm found to be the most polluting in England hikes dividend May 16, 2024 United Utilities, the water company for the North West of England, has pointed to its robust finances as being behind an uptick in revenue and operating profit in its final results that also included substantial falls in profit after tax and earnings per share.
Risky debt investors flood into Thames Water debt as regulator plots carve-up April 28, 2024 Thames Water is currently buckling under a £15bn debt pile, and the price of its bonds has collapsed over fears it might go into administration.
Thames Water faces bondholder pressure amid default fallout April 26, 2024 Following the recent default by Kemble Water Finance, concern has rippled through the ranks of Thames Water's lenders.
Despite its problems, Thames Water still aims to pay £2bn in dividends over the next decade April 24, 2024 Thames Water has said it does not pay dividends to shareholders, but pays internal sums to its parent company Kemble Water Holdings
Thames Water’s new business plan could see bills rise by over 40 per cent by 2030 April 22, 2024 Already in the hole for around £18bn, today's update brings the company's expected total cost for its 2025-2030 plans to £19.8bn