How will approval of £3bn emergency debt package help Thames Water avoid collapse?
<p>High court hands utility company a lifeline after claims it would run out of cash on 24 March</p><ul><li><a href="https://www.theguardian.com/business/2025/feb/18/thames-water-wins-court-backing-for-debt-package">Thames Water wins court backing for £3bn debt package</a></li></ul><p>Thames Water has <a href="https://www.theguardian.com/business/2025/feb/18/thames-water-wins-court-backing-for-debt-package">won court approval for up to £3bn in emergency debt</a> that will allow it to avoid collapse – at least in the short-term.</p><p>The debt package is an important staging post for the utility, which supplies water and sewage services to nearly a quarter of the UK population, as it seeks to repair its finances.</p> <a href="https://www.theguardian.com/business/2025/feb/18/how-will-approval-of-3bn-emergency-debt-package-help-thames-water-avoid-collapse">Continue reading...</a>
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