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City

Thames Water chief executive quits after giving up bonus over sewage spills

The boss of Thames Water has stepped down with immediate effect weeks after being forced to give up her bonus over the company’s environmental performance. The company said that Sarah Bentley would leave the board on Tuesday, but will continue to ...

27 Jun 2023 at 16:16

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

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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