Showing 1 to 12 of 20 results
Yorkshire Drought: Reservoirs at Record Low
Yorkshire faces one of its most serious droughts, with reservoir levels at a record August low of 42.2%, prompting fish rescues and applications for drought permits to draw water from rivers, following a hosepipe ban.
Yorkshire Drought: Reservoirs at Record Low
Yorkshire faces one of its most serious droughts, with reservoir levels at a record August low of 42.2%, prompting fish rescues and applications for drought permits to draw water from rivers, following a hosepipe ban.
Progress
24% 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 Receives £5bn Bailout Amidst Regulatory Scrutiny
Facing a £20bn debt crisis, Thames Water secured a £5bn rescue package from lenders, involving debt write-offs and regulatory leniency requests that are currently under review by Ofwat.
Thames Water Receives £5bn Bailout Amidst Regulatory Scrutiny
Facing a £20bn debt crisis, Thames Water secured a £5bn rescue package from lenders, involving debt write-offs and regulatory leniency requests that are currently under review by Ofwat.
Progress
44% Bias Score
KKR Withdraws from Thames Water Deal, Raising Prospect of Nationalization
Facing £20bn debt, the UK's largest water supplier, Thames Water, lost its preferred equity investor KKR, jeopardizing operations and potentially leading to temporary nationalization after failing to secure alternative funding by June.
KKR Withdraws from Thames Water Deal, Raising Prospect of Nationalization
Facing £20bn debt, the UK's largest water supplier, Thames Water, lost its preferred equity investor KKR, jeopardizing operations and potentially leading to temporary nationalization after failing to secure alternative funding by June.
Progress
60% 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
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
Cunliffe Report: Smart Meters and Social Tariff Proposed to Tackle UK Water Crisis
Sir Jon Cunliffe's report on the UK water industry proposes smart meters and a national social tariff to address underinvestment, rising bills, and a projected 5 billion liter daily water shortfall by 2055, potentially impacting 88% of households without smart meters.
Cunliffe Report: Smart Meters and Social Tariff Proposed to Tackle UK Water Crisis
Sir Jon Cunliffe's report on the UK water industry proposes smart meters and a national social tariff to address underinvestment, rising bills, and a projected 5 billion liter daily water shortfall by 2055, potentially impacting 88% of households without smart meters.
Progress
40% 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 Faces Nationalization After KKR Pulls Out of Rescue Deal
KKR's withdrawal from a "4 billion rescue plan leaves Thames Water, burdened by "20 billion in debt, facing potential nationalization after failing to secure alternative investment; the UK government is monitoring the situation closely.
Thames Water Faces Nationalization After KKR Pulls Out of Rescue Deal
KKR's withdrawal from a "4 billion rescue plan leaves Thames Water, burdened by "20 billion in debt, facing potential nationalization after failing to secure alternative investment; the UK government is monitoring the situation closely.
Progress
64% Bias Score
Thames Water Hit with Record £123 Million Fine for Environmental Violations
Thames Water, serving 16 million UK customers, was fined £123 million by Ofwat for years of environmental violations, including excessive sewage discharges and infrastructure neglect, following the regulator's largest-ever investigation into the UK water industry.
Thames Water Hit with Record £123 Million Fine for Environmental Violations
Thames Water, serving 16 million UK customers, was fined £123 million by Ofwat for years of environmental violations, including excessive sewage discharges and infrastructure neglect, following the regulator's largest-ever investigation into the UK water industry.
Progress
48% 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
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
Showing 1 to 12 of 20 results