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Latest on the Thames Water Saga

Writer's picture: Gordon ElliotGordon Elliot

Read the latest from Windrush Against Sewage Pollution's blog about the outcome of the court hearing in which Thames Water has been granted permission to borrow another £3bn to help it restructure its existing £19bn of debt and attract £5bn of equity investment from new shareholders.


Thames Water has welcomed the ruling as a "significant milestone" in its recovery plans. Without it the company would have fallen into temporary nationalisation.

Consumer groups ahve been highly critical of the plan, dismissing the decision as a "stay of execution" for the company.


You can read the blog post here:

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