Showing 1 to 12 of 61 results
Thames Water's £20.5bn Rescue Plan
A consortium of lenders, London & Valley Water, proposed a £20.5bn investment plan to rescue Thames Water, including £9.4bn for sewage and water asset improvements over five years, aiming to avoid nationalization.
Thames Water's £20.5bn Rescue Plan
A consortium of lenders, London & Valley Water, proposed a £20.5bn investment plan to rescue Thames Water, including £9.4bn for sewage and water asset improvements over five years, aiming to avoid nationalization.
Progress
40% Bias Score
Thames Water Creditors Offer £1.25bn to Avert Nationalization
Thames Water's largest creditors are offering an additional £1.25bn to prevent the nationalization of the UK's biggest water utility, adding to a previous offer of £5bn.
Thames Water Creditors Offer £1.25bn to Avert Nationalization
Thames Water's largest creditors are offering an additional £1.25bn to prevent the nationalization of the UK's biggest water utility, adding to a previous offer of £5bn.
Progress
32% Bias Score
UK Government Prepares for Potential Collapse of Thames Water
The UK government appointed FTI Consulting to advise on a potential special administration regime for Thames Water, which serves 16 million customers and faces financial collapse due to £17.7bn debt and regulatory fines, prompting concerns about the privatization of water utilities.
UK Government Prepares for Potential Collapse of Thames Water
The UK government appointed FTI Consulting to advise on a potential special administration regime for Thames Water, which serves 16 million customers and faces financial collapse due to £17.7bn debt and regulatory fines, prompting concerns about the privatization of water utilities.
Progress
44% Bias Score
UK to Replace Water Regulator Amid Sewage Scandal
The UK government will replace Ofwat with a single water regulator, merging four agencies to address sewage scandals and financial mismanagement within England and Wales' privatized water industry, following recommendations from an independent report.
UK to Replace Water Regulator Amid Sewage Scandal
The UK government will replace Ofwat with a single water regulator, merging four agencies to address sewage scandals and financial mismanagement within England and Wales' privatized water industry, following recommendations from an independent report.
Progress
48% Bias Score
Ofwat to be Abolished Amidst Water Industry Crisis
A government-commissioned review recommends abolishing England and Wales' water regulator, Ofwat, due to its failures in preventing sewage spills, managing company finances, and controlling charges; a consultation on a new regulator will begin next week, coinciding with a 60% rise in serious polluti...
Ofwat to be Abolished Amidst Water Industry Crisis
A government-commissioned review recommends abolishing England and Wales' water regulator, Ofwat, due to its failures in preventing sewage spills, managing company finances, and controlling charges; a consultation on a new regulator will begin next week, coinciding with a 60% rise in serious polluti...
Progress
56% Bias Score
Record Fine Exposes Failures in England's Privatized Water System
Thames Water, a UK water company, was fined a record $165 million for discharging untreated sewage into rivers, exposing failures within England's privatized water system and prompting a government review to potentially overhaul regulations.
Record Fine Exposes Failures in England's Privatized Water System
Thames Water, a UK water company, was fined a record $165 million for discharging untreated sewage into rivers, exposing failures within England's privatized water system and prompting a government review to potentially overhaul regulations.
Progress
36% Bias Score
Thames Water Creditors Offer Additional £1.25bn Rescue Deal
Thames Water's largest creditors will offer over £1bn in additional equity and debt write-offs to prevent the nationalisation of Britain's largest water utility, bringing the total creditor contribution to approximately £6.25bn.
Thames Water Creditors Offer Additional £1.25bn Rescue Deal
Thames Water's largest creditors will offer over £1bn in additional equity and debt write-offs to prevent the nationalisation of Britain's largest water utility, bringing the total creditor contribution to approximately £6.25bn.
Progress
36% Bias Score
Thames Water's Abingdon Reservoir Project Cost Triples
Thames Water's Abingdon reservoir project cost has ballooned from £2.2bn to £5.5bn-£7.5bn, primarily impacting 16 million customers in London and the south-east who will cover approximately half the cost through increased water bills, alongside Affinity and Southern Water customers.
Thames Water's Abingdon Reservoir Project Cost Triples
Thames Water's Abingdon reservoir project cost has ballooned from £2.2bn to £5.5bn-£7.5bn, primarily impacting 16 million customers in London and the south-east who will cover approximately half the cost through increased water bills, alongside Affinity and Southern Water customers.
Progress
48% Bias Score
River Charity Sues UK Government Over Thames Water's Pollution and Lack of Nationalization Policy
River Action is suing the UK environment secretary for failing to publish a policy on when to temporarily nationalize failing water companies, citing Thames Water's repeated serious pollution incidents as a clear case for special administration under the Water Industry Act 1991.
River Charity Sues UK Government Over Thames Water's Pollution and Lack of Nationalization Policy
River Action is suing the UK environment secretary for failing to publish a policy on when to temporarily nationalize failing water companies, citing Thames Water's repeated serious pollution incidents as a clear case for special administration under the Water Industry Act 1991.
Progress
40% Bias Score
UK Creates New Water Regulator to Address Sewage Crisis
The UK government announced a new regulatory body for its water sector on Monday, replacing Ofwat, following a report detailing record sewage pollution and financial scandals; the plan aims to prevent future abuses and improve regulation, but environmental groups criticize it as insufficient.
UK Creates New Water Regulator to Address Sewage Crisis
The UK government announced a new regulatory body for its water sector on Monday, replacing Ofwat, following a report detailing record sewage pollution and financial scandals; the plan aims to prevent future abuses and improve regulation, but environmental groups criticize it as insufficient.
Progress
36% Bias Score
Thames Water Reports £1.65 Billion Loss, Faces Potential Government Takeover
Britain's Thames Water, serving 16 million customers, reported a £1.65 billion pretax loss for the year ending March 31, 2024, due to £16.8 billion debt, increased sewage leaks (up 34% to 470 cases), and regulatory penalties; its ownership structure is under parliamentary scrutiny, with potential go...
Thames Water Reports £1.65 Billion Loss, Faces Potential Government Takeover
Britain's Thames Water, serving 16 million customers, reported a £1.65 billion pretax loss for the year ending March 31, 2024, due to £16.8 billion debt, increased sewage leaks (up 34% to 470 cases), and regulatory penalties; its ownership structure is under parliamentary scrutiny, with potential go...
Progress
52% Bias Score
Thames Water Reports £1.65 Billion Loss, Seeks Government Bailout
Thames Water announced a £1.65 billion pretax loss for the year ending March 2024, citing a large unrecoverable loan, significant fines, and a 34.3 percent increase in sewage spills; the company seeks a £5 billion rescue package and regulatory changes to avoid nationalization.
Thames Water Reports £1.65 Billion Loss, Seeks Government Bailout
Thames Water announced a £1.65 billion pretax loss for the year ending March 2024, citing a large unrecoverable loan, significant fines, and a 34.3 percent increase in sewage spills; the company seeks a £5 billion rescue package and regulatory changes to avoid nationalization.
Progress
44% Bias Score
Showing 1 to 12 of 61 results