The Latest Breaking News on Droughts

While the company believes it has cash to last 15 months, it will have to move fast to stave off insolvency

Ailing water company hopes higher bills can save it, but that depends on Ofwat agreeing its salvage plans are workable

Thames Water, like other water companies, had no debt at the time of privatisation. But since 1989, these utility firms have borrowed vast sums to pay out more than £65 billion in dividends. Privatisation was of course supposed to drive investment. Instead it has fallen. Taxpayers and bill payers have been…

Major reservoirs in southern India are dangerously low, with some filled to only 5%, raising concerns for water crisis.