Ofwat urged to consider ‘regulatory reset’ after struggling utility giant hit with record penalty
Ofwat urged to consider ‘regulatory reset’ after struggling utility giant hit with record penalty
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Regulator allows utility more time to find money as it scrambles to establish rescue deal
Britain’s biggest water supplier, Thames Water, has moved a significant step closer to government control after ministers…
£5bn rescue plan would set ‘deeply troubling precedent’, say bondholders who face losing all of their money
Heavily indebted utility puts back ‘retention payments’ for 21 executives until new year amid search for rescue deal
Environment Secretary Emma Reynolds has written to regulator Ofwat to say that a proposed rescue bid for Thames Water is 'not…
Discussions are ‘taking longer than expected’, which may mean regulator is tearing chunks out of creditors’ proposal
