Housing
Three bidders shortlisted for £5.7bn Thames Water reservoir
Thames Water has shortlisted three consortiums to bid for a £5.7bn contract to build the proposed White Horse Reservoir in Oxfordshire. Balfour Beatty is biddi…
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Thames Water
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Latest on Thames Water
Newest firstHousing
Schools forced to shut amid burst Thames Water pipe 'leaking 750 litres a second'
Leak causes outages and low pressure in parts of London and Surrey, affecting 6,000 properties and leaving some without water. Schools, businesses and homes ac…
Energy
'Forever chemicals' surge during pilot of Thames Water plan to combat drought
Exclusive: utility company wants to draw off tens of millions of litres of water a day from Thames and replace it with treated effluent. Levels of a toxic "for…
Finance
Costain lands £150m Thames Water treatment works package
Costain has secured about £150m of wastewater treatment upgrade work from Thames Water across 15 sites in the Thames Valley. The contractor was appointed under…
Energy
Thames Water gave finance boss a £1m signing-on fee
The seven-figure payment was given to Steve Buck as part of package to persuade him to join the troubled utility company.
Thames Water boss says leakage targets 'not realistic'
Chris Weston said Thames wanted "to do better" but some of its targets were not achievable.
Macro
Galliford Try wins £47.5m Thames Water treatment works job
Galliford Try has secured a £47.5m contract from Thames Water to upgrade Camberley Sewage Treatment Works. The flow-compliance project will improve capacity, r…
Finance
Thames Water lenders offer 'golden share' to head off nationalisation
The water supplier's lenders are trying to prevent the company from being taken over by the Burnham government
Markets
Thames Water investors offer 'golden share' in bid to head off nationalisation
Move would give government veto over big decisions and hostile takeovers, after Burnham's call for greater public control. Business live - latest updates. The…
Finance
Thames Water lenders preparing legal challenge in event of Burnham nationalisation
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
Markets
Thames Water creditors seek talks with Burnham as nationalisation looms
Consortium preparing for potential legal battle amid reports new PM could put the company into temporary public ownership. The group of investors pursuing a re…
Thames Water says it has enough funding to survive until end of year
Annual results show struggling firm's net debt has risen to £18.5bn, up from £16.8bn a year earlier. Business live - latest updates. Thames Water has said it h…
Thames Water returns to profit after raising bills
The UK's largest water company reported a post-tax profit for the 12 months to the end of March, but its net debt also swelled.
Markets
Thames Water creditors 'will bid for company even if it is nationalised'
Group of 100 investors still discussing £10bn rescue proposal with officials from regulator Ofwat, says report. Business live - latest updates. Thames Water's…
Markets
Thames Water customers could receive shares to appease Burnham
Thames Water customers could be offered shares in the struggling supplier as part of an attempt to see off the threat of nationalisation under Andy Burnham.
Thames Water moves step closer to nationalisation after government objects to rescue deal
A government spokesman tells the BBC that the current offer "does not do enough to protect consumers or the environment".
Thames Water should go into administration, investor says
The UK is "sleepwalking" into bad deal on Thames Water says a frustrated rival bidder.
Industrials
Thames Water seeks main contractor for £5.7bn reservoir job
Thames Water has launched a £5.7bn tender for the main works contractor to deliver a new reservoir in Oxfordshire. The client is seeking a firm to design, buil…
Thames Water running out of time to secure rescue as debt swells
As it stands, Thames Water has sufficient cash to make it to the first quarter of next year.
Energy
Thames Water rescue plan attacked by excluded bidders
Potential bidders say they are frustrated to have been frozen out of talks on the future of the UK's biggest water utility.
Finance
Thames Water lenders submit rescue plan to stave off collapse
London & Valley Water, a consortium of investors, plans to write off some of the company's huge debts.
Thames Water bidders ready to clear-out top managers
Sources close to the deal accept that the government needs to be seen to be tough with the company.
Industrials
Administrators lined up in case of Thames Water collapse
FTI Consulting is working on contingency plans should Thames go bust but how did it end up in this state?
Macro
al Thames Water boss says turnaround to take 10 years as sewage leaks soar
The company's future remains uncertain as it posts losses of £1.65bn for the year to March.
Thames Water nationalisation prep 'stepped up'
The Environment Secretary Steve Reed says the government "stand ready for all eventualities".
Finance
US private equity firm KKR drops bid to buy troubled British utility Thames Water
British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company
Blow to Thames Water as preferred bidder pulls out
The setback increases the possibility that the company will collapse into a government supervised administration.
Industrials
Why is Thames Water in so much trouble?
Thames Water faces a record fine, mounting debts, and crumbling infrastructure. How did it get to this point?
Finance
Thames Water fined £122.7m in biggest ever penalty
The company has been fined for breaching rules over wastewater operations and dividend payments.
Finance
Thames Water halts bosses bonus scheme
The company pauses its "retention scheme", which pays out cash to top executives linked to its rescue loan.
