Thames Water’s restructuring plans have been approved by the High Court, giving the beleagured utility a lifeline to avoid ...

The UK's biggest water supplier had been set to run out of money by 24 March without a £3bn loan from its creditors, amid ...

Thames Water chairman Sir Adrian Montague has said the approval of a £3 billion rescue loan for the company by a High Court judge "marks a significant milestone".

The emergency funding deal prevents Thames Water from falling into temporary nationalisation, but opponents have said they ...

Once the debt has been slashed, the only long-term solution is full public ownership.’ Thames Water said it would completely ...

What does it mean for customers' bills? Following the ruling, Thames Water chief executive Chris Weston said it "is good news for our customers" and "puts our business on a firmer financial footing".

Thames Water chief executive Chris Weston called the approval “good news” for the company’s customers. “This . . . puts our business on a firmer financial footing and enables us to ...

“This is good news for our customers, puts our business on a firmer financial footing,” said Chris Weston, chief executive officer of Thames Water. “Importantly, this decision will support ...