Published 5 days ago • loading... • Updated 3 days ago

Thames Water among six water firms urging watchdog for higher bill increases

Summary by Evening Standard

Thames Water urged regulators to allow them to raise customers bills hours after a High Court judge approved a £3 billion loan to the firm.

5 Articles

All

Left

Center

Right

Evening Standard

Thames Water among six water firms urging watchdog for higher bill increases

Thames Water urged regulators to allow them to raise customers bills hours after a High Court judge approved a £3 billion loan to the firm.

5 days ago·London, United Kingdom

Read Full Article

The Wokingham Paper

Thames Water wins court approval for £3bn of investment to avoid collapse

THAMES Water has won court approval for £3bn of funding in a two-part plan aimed at saving it from collapse into public ownership. The supplier has spent four days in court seeking a package of investment after it secured a loan of up to £3bn in October last year. The injection ensured the company would continue into this year, but it sought further funding from investors to avoid going into public hands. Thames Water needed approval for a serie…

3 days ago

Read Full Article

radiojackie.com

Thames Water is among six firms urging regulators to allow them to charge customers even more.

In December, Ofwat said they could raise bills by an average of 157-pounds - or 36-percent - over the next five years. But yesterday it was asked to increase them again to help water companies fund improvements and environmental commitments.

Six major water firms including Thames Water want to hike bills even higher

Water regulator Ofwat is already allowing water firms to increase bills by an average of £157 over the next five years – but now, six water firms are appealing this decision Six major water firms including Thames Water have launched a bid to charge customers even more than already agreed by the industry regulator. Water regulator Ofwat is already allowing water firms to increase bills by an average of £157 over the next five years – a rise of 36…

4 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year