Published 30 days ago

Crunch meeting at Thames Water amid scramble for £750m

Shareholders of Thames Water have refused to inject £500 million in funding, prompting calls for special administration.
The government had considered nationalizing the debt-laden utility, similar to the takeover of Bulb in 2021.
The collapse of the funding plan raises concerns about a potential taxpayer bailout if Thames Water cannot survive.

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The Guardian

Fresh crisis for Thames Water as investors pull plug on £500m of funding

Decision raises concerns about financial future of UK’s biggest water company

30 days ago·London, United Kingdom

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The Independent

Thames Water shareholders refuse to inject more cash into ‘uninvestable’ company

A rescue funding plan drawn up in July but has fallen through ahead of the first £500m payment

30 days ago·London, United Kingdom

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NDTV

UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens

Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".

30 days ago·New Delhi, India

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Daily Express

Jacob Rees-Mogg says Thames Water 'should be left to go bankrupt'

Thames Water is facing collapse after investors pulled £500m of emergency funding amid a standoff with the industry regulator.

29 days ago·United Kingdom

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KRDO

‘Uninvestible’: Britain’s biggest water company left in the lurch by shareholders

By Anna Cooban, CNN London (CNN) — Investors are refusing to inject billions in new money into Britain’s biggest water company, leaving the beleaguered business at risk of an emergency government takeover. The nine shareholders in Thames Water, which supplies water and wastewater services to 15 million people in London and the southeast of England, said in a statement Thursday that they were “not in a position” to provide an extra £3.25 billion …

30 days ago·Colorado Springs, United States

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The Telegraph

Thames Water at risk of being nationalised as £500m lifeline withheld - latest updates

Thames Water has been cut off by shareholders in a move that risks triggering a Government bailout which would cost taxpayers billions of pounds.]]>

30 days ago·London, United Kingdom

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Crunch meeting at Thames Water amid scramble for £750m

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Fresh crisis for Thames Water as investors pull plug on £500m of funding

Fresh crisis for Thames Water as investors pull plug on £500m of funding

Thames Water shareholders refuse to inject more cash into ‘uninvestable’ company

Thames Water shareholders refuse to inject more cash into ‘uninvestable’ company

UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens

UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens

Jacob Rees-Mogg says Thames Water 'should be left to go bankrupt'

Jacob Rees-Mogg says Thames Water 'should be left to go bankrupt'

‘Uninvestible’: Britain’s biggest water company left in the lurch by shareholders

‘Uninvestible’: Britain’s biggest water company left in the lurch by shareholders

Thames Water at risk of being nationalised as £500m lifeline withheld - latest updates

Thames Water at risk of being nationalised as £500m lifeline withheld - latest updates

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