KKR abandoned Thames Water rescue despite No 10 talks with Kravis
Tuesday, 3 June 2025 The investment giant lined up to rescue Thames Water abandoned its offer days after talks took place involving one of its co-founders and Downing Street officials.
Sir Ed Davey has called for the temporary nationalisation of Thames Water as he reacted to the latest figures in the ongoing sewage crisis. Mr Davey also criticised the government's handling of the situation, saying Labour needs to "get its act together". It comes as a watchdog has revealed the number of serious water pollution incidents increased by 60 per cent last year.
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Water and Flooding Minister Emma Hardy unveils the government is taking “unprecedented" action to combat water pollution after Thames Water was fined £122.7m for breaching rules over sewage spills and shareholder payouts.
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Head of Communities, Erica Popplewell, at The River Trust says “systemic change” is needed as Thames Water are fined £122.7m for breaching rules over sewage spills and shareholder payouts.
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Ministers leave 10 Downing Street, London, after a cabinet meeting. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ministers arrive in 10 Downing Street, London, for a Cabinet meeting. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer hosts German chancellor Friedrich Merz on his first official visit to the UK on Thursday as the Prime Minister seeks to boost ties on defence and tackling people smuggling operations. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer is reported to have suspended a number of rebellious MPs. Brian Leishman, Neil Duncan-Jordan and Chris Hinchcliff voted against the Government’s planned welfare reforms as part of a wider rebellion earlier this month, and all were first elected at last year’s election. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ministers depart after a weekly cabinet meeting chaired by Sir Keir Starmer at 10 Downing Street. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn