15 Oct 2026, 10:45 PM
Thames Water asks for £2.4bn more to avoid going bust this year or early 2027
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Guard News
@guardnews
Water company tells creditors it will not survive long enough to agree refinancing deal without more moneyThames Water has asked its creditors for another £2.4bn as the embattled water company comes close to running out of cash.The UK’s largest water company said on Thursday it needed another short-term cash injection because it would be unable to reach a longer-term deal to sort out its giant debt pile before running out of cash by “the end of 2026 or the start of 2027”. Continue reading...
Source Credit: theguardian.com
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