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Thames Water debt lifeline approved by High Court
Posted
February 18, 2025
Views
3,513
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30
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62
Engagement
2.62%
February 18, 2025
3,513
30
62
2.62%
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2:23Now PlayingThames Water, which was due to run out of money, has been given a lifeline after a £3bn loan was approved by the High Court.
It will receive an initial tranche of £1.5bn to fund it until September 2025.
The loan will ward off nationalisation, giving the UK's biggest water provider time to sort out its finances.
#skynews #thameswater #uknews
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