The latest bid for Thames Water came from infrastructure investor Covalis Capital, which would bring in French utility Suez, the firm confirmed on Friday morning. If agreed, the supplier could be ...
Thames Water has revealed a 40% spike in sewage spills while warning that a looming decision on what it can charge customers is "fundamental to our future". The UK's biggest supplier, which has ...
A collision in Oxford County has claimed one life and sent another to hospital. On Tuesday, Dec. 10 at approximately 11:10 a.m., police say that a two vehicle collision occurred on Highway 2 in ...
Infrastructure investor Covalis Capital has submitted a £5 billion ($6.4 billion) bid to take over struggling UK water company Thames Water, according to a person familiar with the matter ...
Thames Water customers risk paying more than £260 a year extra each to rescue the embattled firm, campaigners have claimed. Britain’s biggest water firm is hoping to secure £3billion in ...
Thames Water is at risk of defaulting on its debts regardless of a proposed £3bn bailout, a leading credit rating agency has warned. S&P Global has dealt a further blow to the troubled utility ...
The crisis-hit utility reported a jump in pollution incidents and said a ruling by Ofwat later this month will be fundamental to its future Thames Water has been at the centre of a mounting public ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In a game of chicken, the first player to flinch loses. In the stand-off that has been playing out this ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ministers should temporarily take over Thames Water to avoid a “slow death” for the heavily indebted ...
Chris Weston said: “We need to attract talent to this company… If we don’t offer competitive packages, people will not come and work at Thames.” “I completely understand that there are ...
Thames Water's chief executive has defended bosses sharing £770,000 in bonuses despite the firm battling a huge debt mountain and pumping out even more sewage. Chris Weston insisted 'competitive ...
But Thames continued to pay bonuses worth hundreds of thousands, as well as millions in dividends as recently as March, while cutting back on spending promises. Internal deliberations about ...