All the updated news related to cathryn ross

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City

Thames Water averts nationalisation threat with £750m funding lifeline

Thames Water has secured another £750 million in emergency funding from its shareholders as it seeks to stave off the threat of nationalisation, but warned “significantly” more investment will be needed in future years. Britain’s biggest water ...

10 Jul 2023 at 13:44

City

Troubled Thames Water names former Centrica executive as its new boss

Thames Water has named a former senior executive at British Gas owner Centrica as its new boss as the under-fire utility giant battles financial troubles and poor performance. Chris Weston, who worked at Centrica for 13 years and was latterly ...

14 Dec 2023 at 08:59

City

Thames Water hires new boss on pay deal worth up to £2.3m

Thames Water has hired a former British Gas executive as its new boss on a pay package worth up to £2.3 million to lead an overhaul as it faces mounting pressure over its financial troubles and poor performance. Chris Weston, who worked at ...

15 Dec 2023 at 10:34

City

Thames Water agrees £750m funding deal but warns ‘significantly’ more needed

Thames Water has said its shareholders have agreed to pump another £750 million in funding into the utility giant, but warned that another £2.5 billion will be needed by 2030 as it struggles under a £14 billion debt mountain. The supplier ...

10 Jul 2023 at 09:20

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