30 Oct 2024
Thames Water has secured a £3 billion loan, ensuring the company can continue to operate into 2025. The fresh funds are meant to act as “liquidity bridge” to “stabilise the business” and give it time to secure long-term investment, its chief executive, Chris Weston, said on Friday. It will further balloon its operating company’s debt […]
10 Jul 2024
According to The Guardian, the prime minister and chancellor have been briefed by Whitehall officials that the poor state of Thames Water presents a “critical risk” to the country. Fears about the company go beyond its precarious financial position and include the management of sites that provide drinking water and sewage treatment for millions of […]
12 Dec 2018
Guardian ‘Global investors managing $32tn are urging governments to phase out all coal burning’. Global investors managing $32tn issued a stark warning to governments at the UN climate summit on Monday, demanding urgent cuts in carbon emissions and the phasing out of all coal burning. Without these, the world faces a financial crash several times […]