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The Latest Breaking News from Thames Water

Chief finance officer of under-fire Thames Water quits £1.3m-a-year role

Alastair Cochran’s successor to be appointed ‘in due course’ at critical time for cash-strapped company

The Guardian - UK

Thames Water’s finance chief quits as firm continues trying to find a buyer

Alastair Cochran, Thames Water’s chief financial officer, told the firm that he is stepping down on Friday morning, PA news agency understands.

Evening Standard

Thames Water's finance chief departs at crucial stage of survival battle

Alastair Cochran steps down next week after more than three years with the utility

Evening Standard

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MP calls to nationalise water firms that repeatedly pollute rivers and seas

Clive Lewis says his Water Bill would operate a ‘three strikes and you’re out’ policy for private water companies.

Evening Standard

"We won’t sit quietly while this catastrophe continues" - Olympic champion Sir Steve Redgrave calls for clean up of UK rivers

Advnture

'The Thames is in trouble': Sir Steve Redgrave says river needs urgent action on pollution

Retired Olympic rowing champion demands action to end ‘pollution for profit’ by water companies

Evening Standard

Sir Steve Redgrave urges Thames clean-up as young rowers take to the river

The retired Olympic rower is taking a letter to the Environment Department calling for action as a major rowing event for schools takes place.

The Independent UK

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Regulators must not go soft on Thames Water now

With six bids on the table, the company’s reference to ‘support and accommodations’ sounds like a plea for special treatment

The Guardian - UK

Green campaigners attempt citizen’s arrests of Thames Water executives

Chris Weston and Alastair Cochran targeted by group who accuse them of causing a public nuisance

The Guardian - UK

Happiness is inertia and two bathrooms

Brief letters: Marriage advice | Pity Thames Water customers | The slimming effect of greyhounds | Growing to love art | Bored by bridge

The Guardian - UK

Thames Water hopes to agree deal with one of six bidders by end of June

Debt-laden company agrees with Ofwat that review of bill rises can be delayed as it seeks buyer

The Guardian - UK

Thames Water hopes to agree takeover by end of June as it mulls six approaches

The debt-laden water company recently won court approval for a £3 billion loan deal designed to keep it running into 2026.

Evening Standard

Thames Water data reveals raw sewage discharges in rivers rose 50% in 2024

Exclusive: Almost 300,000 hours of raw effluent poured into waterways, figures show, up from 196,000 in 2023

The Guardian - UK

Thames Water: Inside the Crisis review – the public needs to see this foul mess

Why on earth were cameras invited inside this huge, hated company known for pumping sewage into our waterways? Customers can see the horrors of a dreadful situation they’re paying the price for

The Guardian - UK

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The Independent UK

Thames Water has secured a £3bn rescue deal. Here’s what it means for customers

A loan deal designed to prevent the utility company from going bust looks set to go ahead

Evening Standard

What does Thames Water’s latest court decision mean for customers?

After a court decision moved Thames Water closer to a £3 billion rescue loan, the PA news agency explains why it needs money and what happens next.

The Independent UK

Thames Water can continue with £3 billion restructure plan after winning court battle

An appeal against the restructure plan has been dismissed

The Guardian - UK

Appeal court rules in favour of £3bn bailout for Thames Water

Judges dismiss appeal from campaigners who argued ‘eye-watering’ cost of loan was not in public interest

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Evening Standard

Thames Water's "Class B" creditors consider Supreme Court appeal after losing restructuring challenge

The bondholders say they need to see the wording of the Court of Appeal dismissal before making a decision that could prolong legal wrangling

Evening Standard

Thames Water restructure approval challenge dismissed at Court of Appeal

In February, a High Court judge sanctioned a plan proposed by the parent company of Thames Water Group allowing the utility to stay afloat.

Evening Standard

Thames Water set for another vital court ruling amid administration warning

A former senior director said the water firm could collapse soon without a funding deal, which would bring it under temporary state ownership.

The Guardian - UK

TV tonight: inside the Thames Water £3bn emergency debt package crisis

A documentary follows the controversial water company on the verge of collapsing. Plus: the long-term effects of lockdown on our kids. Here’s what to watch this evening

The Guardian - UK

Thames Water on TV: pity the staff, this place is decrepit

The company presumably hosted this documentary to show the need for higher bills to pay for new infrastructure

The Guardian - UK

Thames Water begs to be spared fines and costs, warning bidders will walk away

Exclusive: Managers and lenders racing to find a buyer want regulator to agree to leniency amounting to billions of pounds

Evening Standard

Sadiq Khan unveils £7m fund in bid to clean up London's rivers

Funding comes as the mayor hosts a roundtable summit with Thames Water and other agencies - but is criticised for failing to include the London Assembly

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