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Thames Water multi-billion pound debt lifeline approved by High Court

Sky News Tuesday, 18 February 2025
Thames Water multi-billion pound debt lifeline approved by High CourtThames Water, which was due to run out of money, has been given a lifeline after a £3bn loan was approved by the High Court.
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News video: Thames Water ruling: 60m customers being 'royally stuffed'

Thames Water ruling: 60m customers being 'royally stuffed' 02:25

"Livid" activists have responded to a court ruling which will see Thames Water given a £3bn rescue loan. Liberal Democrat MP, Charlie Maynard, who brought a public interest claim into court, said he would seek to appeal the decision which he said was "not in the public interest". Report by Faragt....

💡 newsR Knowledge: Other News Mentions

Thames Water Thames Water UK water company

Thames Water drops bonuses for top bosses after government criticism

Thames Water has "withdrawn" plans to pay senior bosses bonuses linked to the company securing a £3bn emergency loan, the environment secretary has said.
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I was worth my six-figure bonus, says under-fire water boss

Thames Water chief executive Chris Weston has apologised to customers and promised to turn the failing utility company around. 
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