SELECT LANGUAGE BELOW

Brave couple on holiday rescues six people after a boat blast on the River Thames

Brave couple on holiday rescues six people after a boat blast on the River Thames

Brave Couple Saves Lives After Boat Explosion on Thames A courageous couple jumped into the Thames to save six people—four children and two adults—when a boat erupted in flames. Josh Hobbs, 35, and his wife, Hannah Lloyd Hobbs, 34, were just a short walk from the river during their vacation when they witnessed the explosion […]

Thames Water: major bonuses expected from £3bn emergency loan ‘retracted’

The substantial bonus awarded to Thames Water executives linked to a crucial £3 billion loan has been “withdrawn,” according to Environment Secretary Steve Reid. This followed a situation where the Guardian mistakenly informed the company’s chairman that Congressional creditors had debated this payment. During a session with the Environment, Food and Rural Affairs (EFRA) committee, […]

MPs must demand clear responses from Thames Water chair regarding possible sale.

Committee Inquiry into Thames Water’s Financial Crisis Sir Adrian Montague, chair of Thames Water, is scheduled for a rare public appearance on Tuesday at the Environment Selection Committee. This forum previously indicated about 18 months ago that the company’s financial situation was even more pressing than anticipated. Shareholders expressed concerns about whether the company was […]

Treasury warns Defra of a £4bn charge if Thames Water is nationalised.

Officials in Whitehall have found themselves at odds over what’s next for Thames Water, especially after the Treasury instructed the Environment Department to cover the financial burden of a potential temporary nationalization worth billions. This situation is particularly pressing for the UK’s largest water company, which almost ran out of funds just days ago. Thames […]

Thames Water wins court backing for £3bn debt package | Thames Water

For at least several months, Thames Water has won court approval for an emergency debt package worth up to £3 billion, which should halt the collapse of the UK's biggest water company. The London High Court said on Tuesday that the deal could progress over whether the deal should proceed after hearing four days of […]