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Thames Water bondholders demand leniency on pollution as a rescue condition
- Thames Water, the largest water provider in the UK, supplies services to approximately 16 million residents and is currently engaged in critical regulatory discussions scheduled for mid-2025.
- Creditors plan to invest £20.5 billion over five years but request a regulatory reset with softer performance and compliance targets amid past non-compliance.
- This plan has caused calls from politicians and campaigners, including Witney MP Charlie Maynard and WASP's Ash Smith, urging Thames Water be placed into special administration.
- Ofwat fined Thames Water a record £122.7 million for river pollution and dividend payments and continues engaging with creditors, while KKR’s takeover deal collapsed recently.
- Pending deal closure by early July, the outcome will shape Thames Water’s compliance trajectory and potential impacts on customer bills and environmental enforcement.
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14 Articles
14 Articles
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Thames Water is the largest water company in the UK. The private company has paid billions of dollars to its owners.
Coverage Details
Total News Sources14
Leaning Left2Leaning Right2Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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