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The Latest Breaking News from Thames Water

Why is Thames Water struggling to stay afloat?

The sudden resignation of its chief executive while the company is struggling to finance a £14 billion debt has left the government nervously preparing for the potential collapse of Thames Water.

The Week

Thames Water appoints Sir Adrian Montague as chair; squeezed households run down savings – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Thursday briefing: How to tackle the health issues wreaking havoc on UK children

In today’s newsletter: Stunted growth, hunger and dental issues have rocketed over the last year – but experts warn the crisis is far from over

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

What the papers say – June 29

Rising crisis at Thames Water takes centre stage on several of Thursday’s newspaper front pages.

The Independent UK

The biggest water company in the U.K. is also polluting its rivers. Now, it desperately needs a government rescue to turn things around

The water company has been piling up debt for years, and its old infrastructure has harmed wildlife and the environment.

Fortune

Thames Water in crisis talks over potential £10bn black hole

Minister tells Guardian government has ‘no grasp’ of cost involved in preventing possible collapse

The Guardian - UK

‘Concerned’ government eyes temporary nationalisation of Thames Water

England’s largest water company could be put under ‘special administration’ regime

The Independent UK

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OPINION - The Leader podcast: What happens if Thames Water collapses?

Ministers said to be drawing up contingency plans for collapse.

Evening Standard

The wretched state of Thames Water is one of the best arguments for public ownership we have

Water privatisation in England and Wales has achieved just one thing: the enrichment of executives and overseas shareholders, says Mathew Lawrence of the thinktank Common Wealth

The Guardian - UK

What went wrong at Thames Water and what could a bailout look like?

The lowdown as ministers and regulator make contingency plans amid fears company may collapse

The Guardian - UK

Mounting debts and public anger could finally sink water companies in England and Wales

Firms have loaded up debt to pay dividends and been fined millions for dumping raw sewage into rivers

The Guardian - UK

Call for Thames Water inquiry after children fell ill after swimming in river

Campaigners condemn pollution and shortages as government and regulator discuss possible bailout

The Guardian - UK

Thames Water: Everything you need to know - including if your water supply is safe

There are suggestions that Thames Water could be placed into a special administration regime (SAR) - the same process used when energy supplier Bulb collapsed

Daily Mirror

Thames Water crisis puts privatised industry’s future in doubt

Thames Water insiders blame “decades of neglect” by previous owners and management teams for the poor performance

Evening Standard

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Evening Standard

OPINION - The Standard View: Sadiq Khan is beatable — why won’t the Tories offer Londoners an upgrade?

The London Tories keep making the same mistake every four years and expecting a different result. Since the re-election of Boris Johnson as Mayor in 2012, no Conservative candidate has even achieved more than 35.3 per cent in the first round of voting. Looking at the current crop of mayoral…

Evening Standard

Government on alert amid fears Thames Water ‘could collapse’

The future of Thames Water was thrown into doubt on Wednesday after its boss dramatically quit amid reports the Government is drawing up contingency plans for its collapse.

Evening Standard

Who is Sarah Bentley and why is she stepping down from Thames Water?

Troubled company announces chief will continue in post until a replacement is found

Daily Mirror

Thames Water 'emergency plans being drawn up' for its collapse - what it means for you

Ministers are reported to be in talks about bringing Thames Water back into temporary public ownership under a special administration regime (SAR) - the same process previously used on energy supplier Bulb

Get all your
news in one place.

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The Guardian - UK

Daniel Korski pulls out of race to be Tory candidate for London mayor, blaming ‘false’ groping claim – as it happened

TV producer Daisy Goodwin accused Tory hopeful of groping her a decade ago

The Independent UK

Emergency plans ‘drawn up for Thames Water collapse’ as water firm racks up £14bn debt

Contingency plans reportedly being considered in event Thames Water is unable to service debts

The Guardian - UK

Contingency plans being drawn up for Thames Water collapse

UK government and Ofwat holding discussions amid fears firm cannot survive because of huge debt pile

The Independent UK

Thames Water boss quits after giving up bonus over sewage spills

Even after giving up the bonus Bentley managed to double her pay, raking in £1.5m

The Guardian - UK

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – as it happened

Rolling coverage of the latest economic and financial news, as government begins drawing up contingency plans for the collapse of Thames Water

The Independent UK

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

Even after giving up the bonus Bentley managed to double her pay, raking in £1.5m

The Guardian - UK

Thames Water boss steps down amid backlash over environmental record

Sarah Bentley had revealed she would forgo her bonus after criticism of utility’s discharge of raw sewage

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