Ofwat poised to waive Thames Water fines to 2030 under deal
Clock is ticking on approving creditors’ emergency offer for utility as October deadline looms
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Thames Water creditors offer £6.55bn in new debt to take formal control
Deal requires agreement with regulators and government and could take a number of months to conclude
UK bans bonuses at Thames Water and 5 other utilities
Ofwat’s new powers enable it to backdate veto on awards for CEOs and CFOs at poorly performing water companies
Thames Water error may require restating accounts
Any amendment of key figures would come at a sensitive time for the troubled utility
Thames Water’s lenders are not offering enough
The water industry regulator should not let the utility’s bondholders take control too easily
Britain should come clean about its water industry
The government must admit that higher investment means rising utility bills for customers
South East Water boss waives bonus after outages
David Hinton had previously blamed shortages on rise in people working from home