Housing
Three bidders shortlisted for £5.7bn Thames Water reservoir
Thames Water has shortlisted three consortiums to bid for a £5.7bn contract to build the proposed White Horse Reservoir in Oxfordshire. Balfour Beatty is biddi…
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Latest on Thames
Newest firstHousing
Schools forced to shut amid burst Thames Water pipe 'leaking 750 litres a second'
Leak causes outages and low pressure in parts of London and Surrey, affecting 6,000 properties and leaving some without water. Schools, businesses and homes ac…
Energy
'Forever chemicals' surge during pilot of Thames Water plan to combat drought
Exclusive: utility company wants to draw off tens of millions of litres of water a day from Thames and replace it with treated effluent. Levels of a toxic "for…
Finance
Costain lands £150m Thames Water treatment works package
Costain has secured about £150m of wastewater treatment upgrade work from Thames Water across 15 sites in the Thames Valley. The contractor was appointed under…
Energy
Thames Water gave finance boss a £1m signing-on fee
The seven-figure payment was given to Steve Buck as part of package to persuade him to join the troubled utility company.
Thames Water boss says leakage targets 'not realistic'
Chris Weston said Thames wanted "to do better" but some of its targets were not achievable.
Macro
Galliford Try wins £47.5m Thames Water treatment works job
Galliford Try has secured a £47.5m contract from Thames Water to upgrade Camberley Sewage Treatment Works. The flow-compliance project will improve capacity, r…
Finance
Thames Water lenders offer 'golden share' to head off nationalisation
The water supplier's lenders are trying to prevent the company from being taken over by the Burnham government
Markets
Thames Water investors offer 'golden share' in bid to head off nationalisation
Move would give government veto over big decisions and hostile takeovers, after Burnham's call for greater public control. Business live - latest updates. The…
Finance
Thames Water lenders preparing legal challenge in event of Burnham nationalisation
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
Markets
Thames Water creditors seek talks with Burnham as nationalisation looms
Consortium preparing for potential legal battle amid reports new PM could put the company into temporary public ownership. The group of investors pursuing a re…
Thames Water says it has enough funding to survive until end of year
Annual results show struggling firm's net debt has risen to £18.5bn, up from £16.8bn a year earlier. Business live - latest updates. Thames Water has said it h…
Thames Water returns to profit after raising bills
The UK's largest water company reported a post-tax profit for the 12 months to the end of March, but its net debt also swelled.
Markets
Thames Water creditors 'will bid for company even if it is nationalised'
Group of 100 investors still discussing £10bn rescue proposal with officials from regulator Ofwat, says report. Business live - latest updates. Thames Water's…
Markets
Thames Water customers could receive shares to appease Burnham
Thames Water customers could be offered shares in the struggling supplier as part of an attempt to see off the threat of nationalisation under Andy Burnham.
'I'm 90 for goodness sake': rainforest activist to pedal 104 miles down Thames
Veteran campaigner Robin Hanbury-Tenison is raising money for a research station near his home in CornwallPedalling on water for more than a hundred miles in a…
Thames Water moves step closer to nationalisation after government objects to rescue deal
A government spokesman tells the BBC that the current offer "does not do enough to protect consumers or the environment".
Housing
Lower Thames Crossing: DfT spends extra £174m on 'fully private' scheme
The government has admitted adding an extra £174m to its investment in the Lower Thames Crossing. Department for Transport (DfT) officials confirmed that the s…
Industrials
Extra £174m earmarked for 'spiralling' bill for Lower Thames Crossing
More than £3bn is due to be spent on the proposed road tunnel between Kent and Essex, which is estimated to have higher costs per mile than HS2Ministers have e…
REPORT: Thames Valley Police Probe Former Prince Andrew In Relation To Epstein File Allegations
The investigation remains ongoing
Thames Water should go into administration, investor says
The UK is "sleepwalking" into bad deal on Thames Water says a frustrated rival bidder.
Commodities
DfT denies UK steel snub for Lower Thames Crossing
The Department for Transport (DfT) has pushed back against claims that domestic steel will not be used on the £10bn Lower Thames Crossing. A spokesperson for t…
Industrials
Thames Water seeks main contractor for £5.7bn reservoir job
Thames Water has launched a £5.7bn tender for the main works contractor to deliver a new reservoir in Oxfordshire. The client is seeking a firm to design, buil…
Housing
'Fully private' Lower Thames Crossing completion date pushed back
The Lower Thames Crossing will be fully sold to private investors and is not set to be completed until 2034, the government has revealed. It has also appointed…
Industrials
TBM tender launched for Lower Thames Crossing tunnel
Bouygues Travaux Publics Murphy Joint Venture has launched procurement for one of Europe's largest tunnel boring machines (TBM), marking a major milestone for…
Thames Water running out of time to secure rescue as debt swells
As it stands, Thames Water has sufficient cash to make it to the first quarter of next year.
Energy
Thames Water rescue plan attacked by excluded bidders
Potential bidders say they are frustrated to have been frozen out of talks on the future of the UK's biggest water utility.
Finance
Thames Water lenders submit rescue plan to stave off collapse
London & Valley Water, a consortium of investors, plans to write off some of the company's huge debts.
Thames Water bidders ready to clear-out top managers
Sources close to the deal accept that the government needs to be seen to be tough with the company.
Industrials
Administrators lined up in case of Thames Water collapse
FTI Consulting is working on contingency plans should Thames go bust but how did it end up in this state?
