Thames Water Expresses Doubt It Can Avoid Temporary Nationalisation

Thames Water accused of 'holding gun' to taxpayers’ heads over fine threats - The Mirror

Results revealed losses at Britain's biggest water company rocketed last year - as bosses were given another grilling by MPs

Thames Water boss blames 'too much rain' for leaks just hours after slapping millions with hosepipe ban

Thames Water’s chief executive has blamed too much rain for a massive increase in sewage leaks just days after introducing a hosepipe ban affecting millions of Britons.Chris Weston, CEO of the ailing water company, stated the network managed by the firm was unable to cope with the downpours witnessed last year. The firm has previously been criticised for giving large bonuses to senior executives despite debt and falling standards. It has reporte…

Thames Water reveals £1.6bn loss amid hosepipe ban announcement

Thames Water has revealed it slumped to a £1.65 billion annual loss and saw its mammoth debt mountain balloon higher.

Thames Water fights to avoid nationalization after £1.65-billion loss

British company, which said it had sufficient funds to continue operating for 12 months, is in talks with its senior creditors and regulators to secure a £5-billion rescue

Thames Water boss says turnaround to take a decade

The company's future remains uncertain as it posts losses of £1.65bn for the year to March.

Thames Water sinks to £1.6bn loss as debt mountain balloons

The struggling utility tumbled to a £1.65 billion pre-tax loss for the year to March 31 from profits of £157 million the previous year.