News

River Action has warned that the Thames would be classified as ‘poor’ under regulations if it were designated as a ‘bathing water’ site.
March 17, 2025 at 4:12pm GMT. A £3 billion loan deal designed to prevent Thames Water from going bust looks set to go ahead after a court rejected several appeals against it.
Appeals against the approval of a plan to restructure Thames Water through a loan of up to £3 billion has been dismissed, Court of Appeal judges have said.. In February, a High Court judge ...
LONDON (AP) — Thames Water, which serves 16 million people in and around London, has received court approval for up to 3 billion pounds ($3.7 billion) of emergency funding, preventing the ...
An appeal against a £3bn rescue package for Thames Water has been dismissed following a three-day hearing last week. The Court of Appeal’s ruling on Monday averts the possibility of the UK ...
Thames Water, which has about 17 billion pounds ($20.9 billion) of debt, was in danger of running out of money within days if the court had not authorized the new funding.
Thames Water, which serves 16 million people in and around London, has received court approval for up to 3 billion pounds ($3.7 billion) of emergency funding, preventing the company from falling ...
Chris Weston, CEO of Thames Water, expressed satisfaction with the court’s decision, emphasizing the company’s commitment to financial stability and the ongoing effort to attract new capital.
Thames Water serves about 16 million customers – about 25% of the UK’s population – and owns more than 20,000 miles of water mains and more than 68,000 miles of sewers across London, the ...
After a court decision moved Thames Water closer to a £3 billion rescue loan, the PA news agency explains why it needs money and what happens next.
Today (17 March), the Court of Appeal has blocked a legal challenge against the terms of the deal – a “terrible” outcome that campaigners warn will continue to “pile financial pressure” on ordinary ...
Emergency funding that would allow Thames Water access to as much as £3 billion ($3.9 billion) and stave off temporary nationalization is being challenged at a London court this week.