Thames Water faces court claim that 3bn bailout is poor, short-term fix'Environmental groups challenge Thames Water's emergency loan, citing exorbitant costs and urging for long-term solutions instead of short-term fixes.
Major road linking Croydon and Sutton closes for 'a month' due to sink holeCroydon Road's closure for sinkhole repairs may last another month, affecting traffic but keeping pedestrian access open.
Residential road in Bexleyheath to close for nearly two weeks for pipe repairsThe road closure in Bexley is essential for safety during pipe repairs and will last until March 10.
Sutton road expected to reopen after nearly two months of sinkhole disruptionCroydon Road is set to reopen ahead of schedule following repairs for a sinkhole.
Road closed after Thames Water truck gets stuck in sinkholeA Thames Water truck fell into a sinkhole in Dollis Hill, causing road closures and sewage issues for local residents.
Burst pipe repairs complete but Plumstead High Street to remain closed this weekendThames Water has completed repairs on Plumstead High Street, but the road closure will last until January 5 due to safety concerns.
Busy road in Catford to be closed for days after burst water mainA burst water main has caused the closure of St Mildred's Road in Catford, leading to significant traffic delays.
Major road linking Croydon and Sutton closes for 'a month' due to sink holeCroydon Road's closure for sinkhole repairs may last another month, affecting traffic but keeping pedestrian access open.
Residential road in Bexleyheath to close for nearly two weeks for pipe repairsThe road closure in Bexley is essential for safety during pipe repairs and will last until March 10.
Sutton road expected to reopen after nearly two months of sinkhole disruptionCroydon Road is set to reopen ahead of schedule following repairs for a sinkhole.
Road closed after Thames Water truck gets stuck in sinkholeA Thames Water truck fell into a sinkhole in Dollis Hill, causing road closures and sewage issues for local residents.
Burst pipe repairs complete but Plumstead High Street to remain closed this weekendThames Water has completed repairs on Plumstead High Street, but the road closure will last until January 5 due to safety concerns.
Busy road in Catford to be closed for days after burst water mainA burst water main has caused the closure of St Mildred's Road in Catford, leading to significant traffic delays.
Water firms in England and Wales lost more than 1tn litres from leaks last yearWater companies in England and Wales wasted over one trillion litres due to leaks last year, indicating a severe water management issue.
Thames Water trying to stay afloat by rewriting loan deals, says sourceThames Water is negotiating with lenders to avoid financial collapse as it faces £15 billion in debt and dwindling cash reserves.
Slow return of water supply to south London homesThames Water is facing outages in South London due to a pipe burst, affecting multiple neighborhoods and prompting criticism of the company's communication.
New Cross residents could face water issues after pipe repair near busy train stationThames Water and Network Rail are conducting essential pipe repair inspections at New Cross Gate Bridge.
No water or low pressure issues across these south east London postcodesA leak at a Crystal Palace pumping station is causing low water pressure in some southeast London areas, with repairs underway.
No water or low pressure issues in this south west London postcodeA leak at a Crystal Palace pumping station is causing low water pressure in Streatham and neighboring areas.
Water firms in England and Wales lost more than 1tn litres from leaks last yearWater companies in England and Wales wasted over one trillion litres due to leaks last year, indicating a severe water management issue.
Thames Water trying to stay afloat by rewriting loan deals, says sourceThames Water is negotiating with lenders to avoid financial collapse as it faces £15 billion in debt and dwindling cash reserves.
Slow return of water supply to south London homesThames Water is facing outages in South London due to a pipe burst, affecting multiple neighborhoods and prompting criticism of the company's communication.
New Cross residents could face water issues after pipe repair near busy train stationThames Water and Network Rail are conducting essential pipe repair inspections at New Cross Gate Bridge.
No water or low pressure issues across these south east London postcodesA leak at a Crystal Palace pumping station is causing low water pressure in some southeast London areas, with repairs underway.
No water or low pressure issues in this south west London postcodeA leak at a Crystal Palace pumping station is causing low water pressure in Streatham and neighboring areas.
Thames Water creditors lose bid for 'better' alternative to 3bn bailout loanThames Water's restructuring plan, involving a £3 billion loan, aims to keep the company operational despite high-interest rates burdening customers.
High Court judge approves Thames Water 3 billion restructuring plan, but slams the company over 'eye watering' costs - London Business News | Londonlovesbusiness.comThames Water faces financial collapse by May 2025 without a £3.3 billion restructuring plan approved by the High Court.
Thames Water creditors lose bid for 'better' alternative to 3bn bailout loanThames Water's restructuring plan, involving a £3 billion loan, aims to keep the company operational despite high-interest rates burdening customers.
High Court judge approves Thames Water 3 billion restructuring plan, but slams the company over 'eye watering' costs - London Business News | Londonlovesbusiness.comThames Water faces financial collapse by May 2025 without a £3.3 billion restructuring plan approved by the High Court.
Thames Water could be sold to private equity giant KKR - London Business News | Londonlovesbusiness.comKKR's bid for Thames Water signals major investment interest, despite the utility's ongoing financial struggles.
Thames Water risks running dry by spring 2025 without 3bn cash lifelineThames Water warns of exhausting cash reserves by March 2025 without urgent financial intervention, risking temporary nationalisation and escalating the UK's utility crisis.
Thames Water could be sold to private equity giant KKR - London Business News | Londonlovesbusiness.comKKR's bid for Thames Water signals major investment interest, despite the utility's ongoing financial struggles.
Thames Water risks running dry by spring 2025 without 3bn cash lifelineThames Water warns of exhausting cash reserves by March 2025 without urgent financial intervention, risking temporary nationalisation and escalating the UK's utility crisis.
What Thames Water's 3bn bailout means for your water billA High Court judge approved a £3 billion loan for Thames Water, providing temporary relief from imminent collapse amid a larger industry scandal.
Water bills 'will rise' as Thames Water gets 3 billion bailoutThames Water's restructuring plan was approved by the High Court to avoid bankruptcy, impacting customers with higher water bills.
Crown of candles and a medal for Tom Cruise: photos of the day TuesdayRising tensions and protests are emerging over governmental financial responses to service sector failures, like the Thames Water bailout impacting everyday customers.Humanitarian crises continue to be pronounced in regions such as Gaza, where access to basic resources remains a significant challenge.
Water bills 'will rise' as Thames Water gets 3 billion bailoutThames Water's restructuring plan was approved by the High Court to avoid bankruptcy, impacting customers with higher water bills.
Crown of candles and a medal for Tom Cruise: photos of the day TuesdayRising tensions and protests are emerging over governmental financial responses to service sector failures, like the Thames Water bailout impacting everyday customers.Humanitarian crises continue to be pronounced in regions such as Gaza, where access to basic resources remains a significant challenge.
Thames Water granted 3 billion reprieve by judge weeks before running out of moneyThames Water received a critical 3 billion reprieve to avoid financial collapse and restructure its massive debts.
UK's largest water company is set to run out of cash - London Business News | Londonlovesbusiness.comThames Water risks running out of cash by March 24, necessitating urgent approval of a £3 billion restructuring plan.
Campaigners urge high court to block 3bn Thames Water bailoutCampaigners oppose the £3bn bailout of Thames Water, arguing it unfairly burdens households with high costs due to the company's financial mismanagement.
Thames Water could run out of cash by March next year, High Court toldThames Water faces a critical financial situation requiring restructuring to avoid insolvency by March.
Thames Water granted 3 billion reprieve by judge weeks before running out of moneyThames Water received a critical 3 billion reprieve to avoid financial collapse and restructure its massive debts.
UK's largest water company is set to run out of cash - London Business News | Londonlovesbusiness.comThames Water risks running out of cash by March 24, necessitating urgent approval of a £3 billion restructuring plan.
Campaigners urge high court to block 3bn Thames Water bailoutCampaigners oppose the £3bn bailout of Thames Water, arguing it unfairly burdens households with high costs due to the company's financial mismanagement.
Thames Water could run out of cash by March next year, High Court toldThames Water faces a critical financial situation requiring restructuring to avoid insolvency by March.
'Fed up' south London residents left with no running water for three daysResidents in Crystal Palace and surrounding areas have experienced severe water outages since February 11 due to a burst pipe.
Water at south London homes still affected after burst pipe chaosThames Water completed repairs after a burst pipe, but some residents may still experience issues like cloudy water.
'Fed up' south London residents left with no running water for three daysResidents in Crystal Palace and surrounding areas have experienced severe water outages since February 11 due to a burst pipe.
Water at south London homes still affected after burst pipe chaosThames Water completed repairs after a burst pipe, but some residents may still experience issues like cloudy water.
What happens if Thames Water goes bankrupt?Thames Water faces potential bankruptcy without regulatory approval to increase prices above agreed limits.The company seeks emergency funding and equity investments to avert financial collapse.
Thames Water facing new probe over delays to environmental schemesThames Water is under investigation for failing to complete essential environmental schemes, which may breach its operating license.
Thames Water admits delays to environmental worksThames Water is under investigation for failing to complete over 100 environmental schemes due to financial challenges.
Ofwat rules out customers paying 195,000 Thames Water boss bonusRegulator Ofwat insists that Thames Water's executive bonuses should not be funded by customers amidst the company's financial struggles.
Thames Water appeals against limit on bill risesThames Water appeals for higher bill increases than what regulators permit to support investment in infrastructure and cope with climate change.
Thames Water to pay 18m penalty after breaking dividend rulesThames Water is facing an £18.2 million penalty and significant bill increases for breaching dividend rules.
What happens if Thames Water goes bankrupt?Thames Water faces potential bankruptcy without regulatory approval to increase prices above agreed limits.The company seeks emergency funding and equity investments to avert financial collapse.
Thames Water facing new probe over delays to environmental schemesThames Water is under investigation for failing to complete essential environmental schemes, which may breach its operating license.
Thames Water admits delays to environmental worksThames Water is under investigation for failing to complete over 100 environmental schemes due to financial challenges.
Ofwat rules out customers paying 195,000 Thames Water boss bonusRegulator Ofwat insists that Thames Water's executive bonuses should not be funded by customers amidst the company's financial struggles.
Thames Water appeals against limit on bill risesThames Water appeals for higher bill increases than what regulators permit to support investment in infrastructure and cope with climate change.
Thames Water to pay 18m penalty after breaking dividend rulesThames Water is facing an £18.2 million penalty and significant bill increases for breaching dividend rules.
Thousands of London residents offered bottled water as MP demands 'urgent update' on burst pipe chaosThames Water is supplying bottled water to South London residents as burst pipes leave many without access for a second day.
No water for a second day in parts of south LondonThames Water has apologized for water supply issues in South London caused by a burst main, leading to ongoing resident frustration and requests for better support.
Thousands of London residents offered bottled water as MP demands 'urgent update' on burst pipe chaosThames Water is supplying bottled water to South London residents as burst pipes leave many without access for a second day.
No water for a second day in parts of south LondonThames Water has apologized for water supply issues in South London caused by a burst main, leading to ongoing resident frustration and requests for better support.
Canadian export agency hit by big losses after lending to Thames Water'EDC is facing substantial losses after lending to debt-ridden Thames Water, as financial struggles intensify within the utility.
Thames Water may need 10bn investment to repair finances, high court hearsThames Water may require up to £10 billion to stabilize its finances amid significant debt and the risk of nationalization.
Thames Water sewage spills soar as firm fights for survivalThames Water's pollution incidents rose by 40% amid financial struggles, needing significant rate increases to stabilize.
Thames Water could be taken over by the governmentGovernment considers taking over debt-ridden Thames Water.
Canadian export agency hit by big losses after lending to Thames Water'EDC is facing substantial losses after lending to debt-ridden Thames Water, as financial struggles intensify within the utility.
Thames Water may need 10bn investment to repair finances, high court hearsThames Water may require up to £10 billion to stabilize its finances amid significant debt and the risk of nationalization.
Thames Water sewage spills soar as firm fights for survivalThames Water's pollution incidents rose by 40% amid financial struggles, needing significant rate increases to stabilize.
Thames Water could be taken over by the governmentGovernment considers taking over debt-ridden Thames Water.
Thames Water seeks court approval for emergency cashThames Water is on the verge of collapse and seeks a £3 billion emergency loan to avoid nationalisation.
Islington councillors slam 'greedy' Thames Water after bills soar and leaks increaseResidents of Islington are facing high bills and disruptions due to Thames Water's poor infrastructure management.Islington Council leaders criticize Thames Water for prioritizing profit over resident welfare.
Thames Water leak: Chaos as burst main sends 60ft 'geyser' into the air in west LondonA burst main in West London caused a dramatic 60-foot water geyser, leading to severe traffic disruptions.
Horrendous' Thames Water slammed over leaks, burst pipes and soaring billsThames Water's infrastructure issues and billing problems were heavily criticized during a council meeting, highlighting resident frustrations and company failings.
Islington councillors slam 'greedy' Thames Water after bills soar and leaks increaseResidents of Islington are facing high bills and disruptions due to Thames Water's poor infrastructure management.Islington Council leaders criticize Thames Water for prioritizing profit over resident welfare.
Thames Water leak: Chaos as burst main sends 60ft 'geyser' into the air in west LondonA burst main in West London caused a dramatic 60-foot water geyser, leading to severe traffic disruptions.
Horrendous' Thames Water slammed over leaks, burst pipes and soaring billsThames Water's infrastructure issues and billing problems were heavily criticized during a council meeting, highlighting resident frustrations and company failings.
Thirty MPs demand Ofwat puts Thames Water into special measuresThames Water should be taken into special administration to prevent public bailouts and ensure reform through public oversight.
Millions of Londoners face staggering 200-plus rise in water bills this yearLondoners face a staggering 31% rise in water bills from April 1, severely impacting households amid the cost of living crisis.
Water firm river pollution fines must be spent on rivers, MPs to sayMPs call for legal safeguards to ensure water company fines are spent on river restoration, opposing Treasury's control over those funds.
Revealed: Thames Water diverted cash for clean-ups' to help pay bonusesThames Water misallocated funds intended for environmental initiatives towards bonuses and dividends, breaching public trust and possible regulatory commitments.
Water firm river pollution fines must be spent on rivers, MPs to sayMPs call for legal safeguards to ensure water company fines are spent on river restoration, opposing Treasury's control over those funds.
Revealed: Thames Water diverted cash for clean-ups' to help pay bonusesThames Water misallocated funds intended for environmental initiatives towards bonuses and dividends, breaching public trust and possible regulatory commitments.
Davos day four: Global economy in focus after Trump tariff threat business liveUK could join tariff-free trading scheme with Europe post-Brexit.Reynolds optimistic about trade improvements without customs union.
Up to one in 12 people living in London is an illegal migrant, according to reportLondon reportedly has between 390,355 and 585,533 illegal migrants, equivalent to one in 12 residents, raising concerns about migration control.
Thames Water fined 67k for 'unsafe' central London worksThames Water fined £67,000 for unsafe street works in London, highlighting the importance of public safety during utility operations.
Central London has a new fountain! Burst water main outside Victoria Station causes chaosA burst water main near Victoria Station led to significant travel disruptions and bus diversions in central London.
Up to one in 12 people living in London is an illegal migrant, according to reportLondon reportedly has between 390,355 and 585,533 illegal migrants, equivalent to one in 12 residents, raising concerns about migration control.
Thames Water fined 67k for 'unsafe' central London worksThames Water fined £67,000 for unsafe street works in London, highlighting the importance of public safety during utility operations.
Central London has a new fountain! Burst water main outside Victoria Station causes chaosA burst water main near Victoria Station led to significant travel disruptions and bus diversions in central London.
Major Welling closed for number of days' for emergency burst waterpipe repairsMajor road in Welling to close for emergency repairs due to a burst water pipe.
Erith 'Poo Mews' road flooded by faeces, used tampons, nappies, and dead rats'Residents on Sandcliff Road have faced recurring sewage issues since 1997, raising concerns about health and local infrastructure.
Brockley households told to 'boil water' as E coli found in water supplyE coli traces found in Brockley's water supply prompts boil water advisory for households.
E coli found in water supply of properties of south-east LondonE coli contamination in Brockley's water supply has prompted a boil water advisory for local residents.
Water supply in Brockley declared safe despite E coli caseThe water contamination issue is confined to one property, and local drinking water is safe for all others.
Brockley households told to 'boil water' as E coli found in water supplyE coli traces found in Brockley's water supply prompts boil water advisory for households.
E coli found in water supply of properties of south-east LondonE coli contamination in Brockley's water supply has prompted a boil water advisory for local residents.
Water supply in Brockley declared safe despite E coli caseThe water contamination issue is confined to one property, and local drinking water is safe for all others.
Thames Water roadworks in major street set to last three more weeksThames Water roadworks in Harrow will close a section of Harrow View until January 22, affecting local traffic and bus services.
Roads still shut after flooding hits homes near King's Cross stationA burst water main caused significant flooding near King's Cross station, leading to road closures and emergency services mobilizing to assist affected residents.
Plumstead High Street shut after burst pipe leaves some residents without waterSignificant water main burst causes Plumstead High Street closure, affecting water supply and traffic; repairs expected to take several days.
Roads still shut after flooding hits homes near King's Cross stationA burst water main caused significant flooding near King's Cross station, leading to road closures and emergency services mobilizing to assist affected residents.
Plumstead High Street shut after burst pipe leaves some residents without waterSignificant water main burst causes Plumstead High Street closure, affecting water supply and traffic; repairs expected to take several days.
Chalfont St. Peter's business owners stand strong in sewage floodsThe A413 closure negatively impacts local businesses and the community awaits Thames Water's long-term solutions to sewage flooding.
Why is Thames Water in so much trouble?Thames Water's debt has ballooned to £15.2bn since its 1989 privatization, raising concerns about financial management and infrastructure investment.
'Outrageous' Thames Water loan proposal sparks court protestThames Water's quest for a loan raises significant concerns about customer financial burden and the impacts of privatisation on public services.
Why is Thames Water in so much trouble?Thames Water's debt has ballooned to £15.2bn since its 1989 privatization, raising concerns about financial management and infrastructure investment.
'Outrageous' Thames Water loan proposal sparks court protestThames Water's quest for a loan raises significant concerns about customer financial burden and the impacts of privatisation on public services.
12 roads across Bromley could be closed for 18 months for water repair worksBromley residents face 18 months of road closures due to essential water repair works by Thames Water.
Thames Water receives buyout offer from investment group Covalis CapitalCovalis Capital plans to restructure Thames Water, potentially breaking it into smaller, more efficient businesses to enhance service delivery.
Struggling Thames Water receives 5bn buyout offer from CovalisCovalis Capital has submitted a 5bn bid for Thames Water, aiming to restructure the company amid severe financial difficulties.
Thames Water receives buyout offer which would end up being listed on the stock market - London Business News | Londonlovesbusiness.comThames Water's proposed break-up by Covalis Capital raises concerns over its impact on consumers and infrastructure investment.
Thames Water receives buyout offer from investment group Covalis CapitalCovalis Capital plans to restructure Thames Water, potentially breaking it into smaller, more efficient businesses to enhance service delivery.
Struggling Thames Water receives 5bn buyout offer from CovalisCovalis Capital has submitted a 5bn bid for Thames Water, aiming to restructure the company amid severe financial difficulties.
Thames Water receives buyout offer which would end up being listed on the stock market - London Business News | Londonlovesbusiness.comThames Water's proposed break-up by Covalis Capital raises concerns over its impact on consumers and infrastructure investment.
Bidders line up for struggling Thames WaterThames Water is experiencing severe financial issues, prompting multiple bids for potential acquisition.
Leak leaves Biggin Hill and Kent postcodes without waterBiggin Hill and nearby Kent areas face water supply issues due to a leak affecting the Betsoms Hill reservoir.Thames Water is actively working to locate and fix the leak promptly.
Wandsworth residents left with no or low water after burst pipeWandsworth residents are facing water outages due to a burst pipe, with Thames Water working on repairs and providing temporary solutions.
Leak leaves Biggin Hill and Kent postcodes without waterBiggin Hill and nearby Kent areas face water supply issues due to a leak affecting the Betsoms Hill reservoir.Thames Water is actively working to locate and fix the leak promptly.
Wandsworth residents left with no or low water after burst pipeWandsworth residents are facing water outages due to a burst pipe, with Thames Water working on repairs and providing temporary solutions.
Water cascades down road by King's Cross station after burst pipe - in picturesA burst water pipe caused significant flooding near King's Cross station, requiring emergency services to evacuate residents and manage the situation.
Super sewer: Thames Water customers will pay 25 annual levy for another two decades to fund 4.5bn projectThames Water customers will pay a long-term levy to fund the super sewer project to reduce sewage in the Thames.
Water cascades down road by King's Cross station after burst pipe - in picturesA burst water pipe caused significant flooding near King's Cross station, requiring emergency services to evacuate residents and manage the situation.
Super sewer: Thames Water customers will pay 25 annual levy for another two decades to fund 4.5bn projectThames Water customers will pay a long-term levy to fund the super sewer project to reduce sewage in the Thames.
They are ruining my life': how the shadowy world of debt collection can wreck your financesA mistaken CCJ can severely impact an individual's credit score and financial stability, leading to significant life disruptions.
Don't indulge the Thames Water whingers next week, prime minister | Nils PratleyThe UK government aims to attract international investment but faces challenges from the water sector's regulatory environment.
Moody's and S&P downgrade Thames Water debt rating into junk status - London Business News | Londonlovesbusiness.comThames Water's debt has been downgraded to junk status by two ratings agencies, indicating high risk of default.
Thames Water carries out tests after south London residents report sickness and vomitingThames Water tested samples after residents reported sickness; no water quality issues found. South West Water issued boil notice in Brixham due to contamination.
Thames Water tells hundreds of homes not to drink tap water after 'sampling results' - London Business News | Londonlovesbusiness.comThames Water issued a warning to 616 homes in Bramley, Surrey, advising not to drink tap water due to quality concerns.
Water in Epsom safe to drink' after reports of cloudy water caused by burst pipe'Cloudy water in Epsom caused by a burst pipe but is considered safe to drink by Thames Water.
Thames Water issue warning after SCAM email sent to people in CroydonThames Water warns of false email in Croydon.
Thames Water carries out tests after south London residents report sickness and vomitingThames Water tested samples after residents reported sickness; no water quality issues found. South West Water issued boil notice in Brixham due to contamination.
Thames Water tells hundreds of homes not to drink tap water after 'sampling results' - London Business News | Londonlovesbusiness.comThames Water issued a warning to 616 homes in Bramley, Surrey, advising not to drink tap water due to quality concerns.
Water in Epsom safe to drink' after reports of cloudy water caused by burst pipe'Cloudy water in Epsom caused by a burst pipe but is considered safe to drink by Thames Water.
Thames Water issue warning after SCAM email sent to people in CroydonThames Water warns of false email in Croydon.
Government criticised over Thames wastewater planThe approval of treated wastewater discharge into the Thames has sparked significant environmental concerns and calls for consideration of alternative solutions.
People evacuated after flooding hits homes near King's Cross stationA burst pipe near King's Cross led to significant flooding, causing evacuations and road shut down.
Sewage is 'making its way into' river on Wimbledon CommonSewage discharge into Beverley Brook due to mains failure poses health risks to the public and pets.
No water or low pressure' in these south east London postcodesThames Water addressing water issues in Southwark area
Couple left 'homeless' after their 1 million Chislehurst home flooded by raw sewageA couple's 1 million home was flooded with raw sewage, leading to homelessness. They blame Thames Water and criticize its response.
'Fatberg' weighing the same as three double decker buses unblocked from east London sewerThe removal of a massive fatberg by Thames Water highlights the ongoing battle against these obstructions in sewers.
Thames Water warns 16 million customers they could see a 44% surge in billsThames Water proposes significant investments of £1.1 billion, possibly rising to £1.9 billion, which could lead to customers facing a 44% bill increase.