© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

Thames Water secures extra £750m from shareholders to help stave off nationalisation

Money follows £500m injection in March and £1.5bn in 2022 but troubled utility warns much more future funding needed

  • Former owners Macquarie Group continues its unstoppable rise

Thames Water has secured £750m of emergency funding from its shareholders but the debt-ridden company warned it would need further funding in the years ahead.

The new funds come on top of £500m which investors pumped into Britain’s biggest water company in March.

Continue reading…

Related posts

Science Museum chooses fossil fuel company as new climate show sponsor

AEA3

Starmer put ‘on notice’ by Unite leader after vote to retain ties with Labour

AEA3

Safeguarding in ‘crisis’ in Church of England, says archbishop of York

AEA3