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Thames Water

  • Thames Water backer USS faces grilling from pensions watchdog

    July 5, 2023

    The UK’s largest pension scheme faces a grilling from the regulator over its investment in troubled utility giant Thames Water.

  • Ofwat boss fails to rule out more supplier woes after Thames Water troubles

    July 5, 2023

    Water suppliers will not be allowed to rack up debts and underinvest again following Thames Water’s financial troubles, the boss of industry watchdog Ofwat vowed yesterday. Chief executive David Black told the House of Lords yesterday that it can now “stop dividends” and “lock cash coming out of companies” if water firms are not in [...]

  • Ofwat boss fails to rule out more supplier struggles after Thames Water woes

    July 5, 2023

    Water suppliers will not be allowed to rack up debts and underinvest again following Thames Water’s financial troubles, Ofwat vowed yesterday. 

  • Who’s next? Industry debt mountain threatens more than Thames Water

    July 3, 2023

    Thames Water's troubles raise significant questions - such as who could be next and what happens now in the water industry.

  • 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.

  • Architect of water privatisation defends decision amid Thames Water turmoil

    July 1, 2023

    Lord Michael Howard, one of the architects of water privatisation, defended the decision amid questions over Thames Water’s future.

  • 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 crisis: Government looks to allay fears of potential collapse with nationalisation mooted

    June 29, 2023

    Ministers have looked to allay fears around the impact of Thames Water potentially going under as the regulator vowed to work with the sector to deal with its debt levels. Work and Pensions Secretary Mel Stride said there were “contingency plans in place for any eventuality” as Thames Water battles to finance the £14 billion [...]

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