Showing 25 to 36 of 61 results
Thames Water Withdraws £1 Million Executive Bonuses
Thames Water withdrew a controversial plan to award its senior executives £1 million in bonuses tied to a £3 billion emergency loan after Environment Secretary Steve Reed challenged its justification, citing public outrage over water pollution and rising bills.
Thames Water Withdraws £1 Million Executive Bonuses
Thames Water withdrew a controversial plan to award its senior executives £1 million in bonuses tied to a £3 billion emergency loan after Environment Secretary Steve Reed challenged its justification, citing public outrage over water pollution and rising bills.
Progress
56% Bias Score
Thames Water Bonus Controversy: Conflicting Accounts and Potential Regulatory Intervention
Thames Water's chair claims creditors insisted on £3bn loan-funded executive bonuses, but sources suggest the company initiated them; the government may block these bonuses under new rules, and KKR is in talks to potentially purchase the debt-laden company.
Thames Water Bonus Controversy: Conflicting Accounts and Potential Regulatory Intervention
Thames Water's chair claims creditors insisted on £3bn loan-funded executive bonuses, but sources suggest the company initiated them; the government may block these bonuses under new rules, and KKR is in talks to potentially purchase the debt-laden company.
Progress
64% Bias Score
Thames Water Faces Insolvency, Executive Bonuses Spark Outrage
Thames Water, facing potential insolvency with only five weeks of cash reserves, is seeking a takeover bid from KKR amid executive bonus payouts and the threat of water restrictions due to drought; a government bailout of up to £5 billion is possible.
Thames Water Faces Insolvency, Executive Bonuses Spark Outrage
Thames Water, facing potential insolvency with only five weeks of cash reserves, is seeking a takeover bid from KKR amid executive bonus payouts and the threat of water restrictions due to drought; a government bailout of up to £5 billion is possible.
Progress
52% Bias Score
UK Faces Summer Drought Risk Amid Record Dry Spring
Britain faces a potential summer drought due to the driest spring on record, with only 80mm of rainfall compared to the average 229mm, prompting warnings of hosepipe bans and water restrictions from Thames Water and the Environment Agency.
UK Faces Summer Drought Risk Amid Record Dry Spring
Britain faces a potential summer drought due to the driest spring on record, with only 80mm of rainfall compared to the average 229mm, prompting warnings of hosepipe bans and water restrictions from Thames Water and the Environment Agency.
Progress
48% Bias Score
Thames Water's Financial Crisis Forces UK Government into Difficult Decision
Facing potential collapse, Britain's largest water company, Thames Water, is in a desperate race to find a private buyer, with the US private equity firm KKR in pole position; however, should that fail, the government may have to spend up to £4 billion to temporarily nationalise it, stretching Defra...
Thames Water's Financial Crisis Forces UK Government into Difficult Decision
Facing potential collapse, Britain's largest water company, Thames Water, is in a desperate race to find a private buyer, with the US private equity firm KKR in pole position; however, should that fail, the government may have to spend up to £4 billion to temporarily nationalise it, stretching Defra...
Progress
44% Bias Score
KKR's Bid for Thames Water Raises Customer Concerns
KKR, a US private equity firm, is the frontrunner to acquire Thames Water, the UK's largest water company, for £4bn, raising concerns about transparency and customer interests amid a £16bn debt burden.
KKR's Bid for Thames Water Raises Customer Concerns
KKR, a US private equity firm, is the frontrunner to acquire Thames Water, the UK's largest water company, for £4bn, raising concerns about transparency and customer interests amid a £16bn debt burden.
Progress
40% Bias Score
Thames Water Pauses Executive Bonuses Amidst Government Criticism
Facing government criticism and public backlash, Thames Water paused a bonus scheme for executives involved in securing its £3 billion rescue loan, which would have paid out up to £1 million per executive, following accusations of trying to circumvent upcoming bonus ban rules.
Thames Water Pauses Executive Bonuses Amidst Government Criticism
Facing government criticism and public backlash, Thames Water paused a bonus scheme for executives involved in securing its £3 billion rescue loan, which would have paid out up to £1 million per executive, following accusations of trying to circumvent upcoming bonus ban rules.
Progress
56% Bias Score
Ofwat to Block Water Company Bonuses
The UK water industry regulator Ofwat will be able to block bonuses at water companies from next month under new rules designed to improve environmental performance and financial management, impacting Thames Water's planned retention payments and potentially clawing back past bonuses.
Ofwat to Block Water Company Bonuses
The UK water industry regulator Ofwat will be able to block bonuses at water companies from next month under new rules designed to improve environmental performance and financial management, impacting Thames Water's planned retention payments and potentially clawing back past bonuses.
Progress
52% Bias Score
Thames Water Seeks Regulatory Relief in Debt Restructuring Deal
Facing a financial crisis, Thames Water seeks regulatory relief to restructure its debt with KKR, potentially altering operational targets and penalties to avoid nationalization; bondholders, not customers, will cover executive retention bonuses.
Thames Water Seeks Regulatory Relief in Debt Restructuring Deal
Facing a financial crisis, Thames Water seeks regulatory relief to restructure its debt with KKR, potentially altering operational targets and penalties to avoid nationalization; bondholders, not customers, will cover executive retention bonuses.
Progress
64% Bias Score
Thames Water Apologizes Amidst Service Failures and £19 Billion Debt
Thames Water, supplying 16 million customers, apologized for service disruptions including a boil water notice and 40% more sewage spills in 2024, while defending staff bonuses despite a £19 billion debt.
Thames Water Apologizes Amidst Service Failures and £19 Billion Debt
Thames Water, supplying 16 million customers, apologized for service disruptions including a boil water notice and 40% more sewage spills in 2024, while defending staff bonuses despite a £19 billion debt.
Progress
52% Bias Score
Macquarie Defends Thames Water Record Amidst Near Collapse
Macquarie, the former owner of Thames Water, claims its stewardship improved the company despite a debt increase from £3.4bn to £10.8bn between 2006 and 2017, during which investors received £2.8bn in dividends; Thames Water now faces near collapse under £20bn in debt.
Macquarie Defends Thames Water Record Amidst Near Collapse
Macquarie, the former owner of Thames Water, claims its stewardship improved the company despite a debt increase from £3.4bn to £10.8bn between 2006 and 2017, during which investors received £2.8bn in dividends; Thames Water now faces near collapse under £20bn in debt.
Progress
56% Bias Score
Thames Water Avoids Collapse but Faces Customer Backlash Over Soaring Bills
Thames Water secured £3 billion in funding to avoid insolvency but faces customer outrage over bill increases ranging from 31 percent to over 60 percent, exceeding Ofwat's five-year cap, due to the company's financial mismanagement.
Thames Water Avoids Collapse but Faces Customer Backlash Over Soaring Bills
Thames Water secured £3 billion in funding to avoid insolvency but faces customer outrage over bill increases ranging from 31 percent to over 60 percent, exceeding Ofwat's five-year cap, due to the company's financial mismanagement.
Progress
68% Bias Score
Showing 25 to 36 of 61 results