300 jobs at risk at UK's largest water company

Thursday, 2 November 2023
The UK's largest water company, Thames Water, has said around 300 of its jobs could be cut.

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Thames Water UK water company

Thames Water investors to quit boards amid spectre of bailout

Representatives of Thames Water's multinational syndicate of shareholders are poised to quit as directors of its corporate entities after refusing to inject the..
Sky News 5 days ago

Minister: Thames Water management should carry the can [Video]

Minister: Thames Water management should carry the can

Communities Secretary Michael Gove brands the management of Thames Water a “disgrace”, insisting they should “carry the can” for any future investment, instead of consumers. Bosses at the company have admitted the firm could face the risk of emergency nationalisation as its funding crisis deepened – after shareholders refused to give the troubled utility giant extra cash. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 00:43Published on January 1, 1970

Chancellor: Treasury will monitor Thames Water carefully [Video]

Chancellor: Treasury will monitor Thames Water carefully

Chancellor Jeremy Hunt says the Treasury will monitor Thames Water's situation "very carefully" but believes the company is “still solvent” despite reports of shareholders withdrawing investment money. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 00:29Published on January 1, 1970