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Thames Water running out of money ‘a risk which cannot be run’, High Court told

Allowing Thames Water to run out of money by not approving restructuring plans is “a risk which cannot be run”, the High Court has been told. Thames Water Utilities Holdings Limited (TWUH), the parent company of Thames Water Group (TWG), England’s ...

03 Feb 2025 at 16:38

Thames Water restructure plans a ‘bridge to nowhere’, MP’s barristers tell court

Thames Water should be placed into administration as plans to restructure the struggling utility are a “poor short-term fix” and a “bridge to nowhere”, an MP’s barristers have told the High Court. The firm, England’s largest water company, is set ...

03 Feb 2025 at 16:33

Thames Water to discover if restructuring plan has been approved on Tuesday

Thames Water will discover whether a High Court judge has approved plans to restructure the struggling utility on Tuesday. Thames Water Utilities Holdings Limited (TWUH), the parent company of Thames Water Group (TWG), England’s largest water ...

17 Feb 2025 at 19:36

MP says he intends to appeal against approval of Thames Water restructure plans

An MP has said he intends to appeal against a High Court judge’s decision to approve plans to restructure Thames Water through a loan of up to £3 billion. Charlie Maynard, the Liberal Democrat MP for Witney in Oxfordshire, said on Tuesday ...

18 Feb 2025 at 11:26

Thames Water restructuring approved by High Court judge

Plans to restructure Thames Water through a loan of up to £3 billion have been approved by a High Court judge, allowing the struggling utility to stay afloat just weeks before it was set to run out of money. Thames Water Utilities ...

18 Feb 2025 at 10:44

Thames Water creditors given go-ahead to appeal against restructuring approval

Some of Thames Water’s creditors and Liberal Democrat MP Charlie Maynard can appeal against the approval of plans to restructure the utility at the Court of Appeal, a High Court judge has ruled. Mr Justice Leech ruled earlier on ...

18 Feb 2025 at 14:56

Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ terms

Thames Water has won approval to borrow £3 billion to prevent imminent collapse, in a high-cost loan deal described by a judge as “eye-watering”. The High Court ruled on Tuesday that the firm could press on with a crucial cash ...

18 Feb 2025 at 15:57

Group of Thames Water creditors lose alternative restructuring plan bid

An alternative plan to restructure Thames Water cannot be put to creditors for approval, a High Court judge has ruled, a day after he rubber-stamped a scheme proposed by the utility. Mr Justice Leech said on Wednesday that ...

19 Feb 2025 at 12:20

Thames Water restructuring plan should not have been approved, court told

A plan to restructure Thames Water through a loan of up to £3 billion should not have been approved as its terms are “mispriced and inappropriate”, the Court of Appeal has been told. In February, the High Court sanctioned ...

11 Mar 2025 at 12:50

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