Thames Water
Coverage of Thames Water in the Nexus archive.
- Thames Water creditors ‘will bid for company even if it is nationalised’
Thames Water's creditors, a group of 100 institutional investors holding £14bn of the company's senior debt, are prepared to bid for the company even if it is temporarily nationalised. They are discussing a £10bn rescue proposal with regulator Ofwat officials.
- Thames Water creditors willing to bid for utility even if it is nationalised
Thames Water creditors are willing to bid for the utility even if it is nationalised. The future of the indebted company could be a costly issue for the UK's presumptive next prime minister.
- BT’s pension fund lost £300mn on Thames Water
BT’s pension fund lost £300 million on Thames Water in 2024 by writing off its stake. The fund is described as one of the UK’s biggest private schemes.
- How could Thames Water be nationalised?
The UK environment secretary's intervention has raised the possibility of Thames Water entering the government's special administration regime. This development signals potential nationalization of the utility.
- Thames Water nationalisation moves a step closer as ministers reject £10bn bailout package… but can the taxpayer afford it?
Ministers rejected a £10bn bailout package for Thames Water, moving its nationalisation closer. The article questions whether the taxpayer can afford the potential costs.
- Thames Water Edges Closer to Nationalization With Rescue in Doubt
Thames Water is moving closer to nationalization as efforts to rescue the company remain uncertain. A works site in London is mentioned in the article.
- Thames Water nationalisation moves closer as government ‘objects to rescue deal’
The UK environment secretary objected to a £10bn rescue plan for Thames Water, citing concerns it would place an 'undue burden' on customers, pushing the company closer to nationalisation. The government's objection to the rescue deal suggests a potential shift towards public ownership for the UK's largest water company.
- Thames Water rescue in peril as government opposes 'weak' deal
Ministers have prepared insolvency practitioners for the potential collapse of Thames Water, Britain's largest water utility, as the government opposes a 'weak' rescue deal.
- Thames Water to pay £749mn under creditor takeover deal
Thames Water is set to pay £749 million as part of a creditor takeover deal amid rising costs for its restructuring. The UK's largest water company is attempting to avoid nationalisation through this financial arrangement.
- Thames Water should be nationalised, says Andy Burnham
Andy Burnham, Labour’s Makerfield byelection candidate, advocates public ownership of water companies, including nationalisation of Thames Water, as part of his potential Labour leadership. He confirmed this in an interview with the Guardian.
- Thames Water blasted by Reform over plans to host careers day for refugees just days after major debate about youth unemployment crisis
Thames Water faces criticism from Reform for planning a careers day for refugees shortly after a significant debate on youth unemployment. The event has sparked controversy amid ongoing discussions about employment challenges for young people.
- Stop using hosepipes, says Thames Water amid fears of shortages after record-breaking heatwave
Thames Water is urging residents to stop using hosepipes amid fears of water shortages following a record-breaking heatwave. The utility company has raised concerns about potential supply issues due to the extreme weather conditions.
- Water mains blast showers cars and passers-by near historic nursery rhyme landmark - forcing Thames Water apology and road closure
A water main explosion near a historic nursery rhyme landmark caused disruptions, leading to a Thames Water apology and road closure. The incident showered cars and pedestrians in the area.
- Billionaire Trump donor in line to make millions from Thames Water bid
Billionaire Paul Singer, a Donald Trump donor, may profit from a Thames Water deal. The UK government, Thames Water, and creditors are in talks to agree on a rescue deal. Thames Water has a £17.6bn debt pile after decades of privatisation.
- Tuesday briefing: After an historic shift in power, where might Plaid Cymru go next?
Plaid Cymru has taken power and is testing the UK government's openness to reform, while Labour faces leadership challenges and a rescue deal for Thames Water is under threat. The Senedd has expanded massively, taking the country's new leadership into uncharted waters. A shooting at the Islamic Center of San Diego is being investigated as a hate crime.
- Thames Water rescue deal threatened by uncertainty over next prime minister
A rescue deal for Thames Water is under threat due to a potential change in prime minister. Ministers are negotiating a takeover deal with a consortium of creditors led by Elliott Management. The potential investors fear Andy Burnham could push to bring utility companies into public ownership.
- Thames Water investors say temporary nationalisation would slow its recovery
Investors in Thames Water have warned that temporary nationalisation would hinder the company's recovery, following Andy Burnham's suggestion to renationalise key utilities. This comes as Labour's grip on power appears to be weakening. Andy Burnham proposed this as part of his policy agenda should he become prime minister.
- How Iran War Put Inflation-Linked Bonds Back in Fashion
The article discusses how the Iran war has led to a resurgence in inflation-linked bonds. However, the provided content seems unrelated, mentioning a Thames Water incident site in London instead. There is no clear connection between the title and the given content.
- Thames Rescue Deal Stumbles With Ofwat Board Split Over Approval
The Thames Rescue Deal faces obstacles as the Ofwat Board is split on approving the plan. The UK government has enlisted FTI Consulting to prepare for potential Thames Water failure, with workers actively repairing infrastructure in London.