Prospective Thames Water rescuers make big promise
Tuesday, 2 September 2025 () The group of Thames Water lenders aiming to rescue the company have set out plans for £20.5bn of investment to bolster performance.
Thames Water’s largest group of creditors is to offer an additional £1bn-plus sweetener in a bid to persuade Ofwat and the government to pursue a rescue deal.. Sky News
Sir Ed Davey has called for the temporary nationalisation of Thames Water as he reacted to the latest figures in the ongoing sewage crisis. Mr Davey also criticised the government's handling of the situation, saying Labour needs to "get its act together". It comes as a watchdog has revealed the number of serious water pollution incidents increased by 60 per cent last year.
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A consortium of Thames Water creditors have laid out plans for how a £20.5bn investment would “fix the foundations” of the UK’s biggest water supplier. ... City A.M. Also reported by •BBC News
Tuesday, 2 September 2025 ()
The group of Thames Water lenders aiming to rescue the company have set out plans for £20.5bn of investment to bolster performance.
![Davey calls for temporary nationalisation of Thames Water [Video]](https://video.newsserve.net/300/v/20250718/1416929482-Davey-calls-for-temporary-nationalisation-of-Thames-Water.jpg)
