[ad_1] By Nick Edser Business reporter 5 December 2023 Thames Water has said that reviving the business will “take time” as it reported sliding profits and an increase in its…
Tag: Thames
Thames Water appoints new boss as pressure mounts on turnaround
[ad_1] Former Aggreko chief exec Chris Weston says he will work to restore confidence in both the company’s operations and financial position. By James Sillars, Business reporter @SkyNewsBiz Thursday 14…
A quick guide to Thames Water’s serpentine capital structure
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is a mess. A day after CEO…
Thames Water slammed after scrapping plans to become net zero by 2030
[ad_1] The decision comes as the utility giant faces increasing financial pressures with soaring debts and falling profits. The company, which is responsible for water supply and waste water treatment…
Thames Water says it can’t pay back £190m loan – BBC News
[ad_1] By Simon Jack Business editor 7 hours ago Thames Water is facing a “seminal moment”, its chairman has said, during an intense grilling by MPs on the firm’s financial…
Thames Water says it can’t pay back £190m loan
[ad_1] Thames Water boss tells MPs it doesn’t have enough money to pay back a loan due in April next year. [ad_2] Source link
Thames Water scraps plan to become net zero by 2030
[ad_1] Troubled Thames Water has been forced to scrap its pledge to become net zero by 2030 as it battles mounting pressure on its finances. The supplier said it has…
Thames Water Fails To Publish Key Plans Critical to Its Survival
[ad_1] Thames Water Plc hasn’t published a crucial business plan outlining information about the company’s financial stability, a move that’s prompting concern among bondholders. The water company, which provides services…
Thames Water to be investigated over financial stability and dividends
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is facing fresh scrutiny from lawmakers and…
Thames Water scraps smart meter project after missing leakage targets
[ad_1] A Thames Water spokesman said: “We’re disappointed in Ofwat’s decision, which we don’t believe is in the best interests of our customers or the environment. South East England is…