Thames Water could run out of cash by December
The company is seeking new equity while exploring recapitalisation options
Tag: financial resilience
Energy market overhaul targets supplier failures
The energy regulator plans to implement the Supplier of Last Resort Levy Offset to enhance the…
UK to halt water boss bonuses over environmental breaches
The Environment Secretary has announced a crackdown on water company executives' bonuses…
Thames Water to slash 300 jobs in bid to tackle £14bn debt
The water supplier is set to cut jobs, primarily in its retail and digital divisions, as part…
EDF Energy and OVO join appeal against Ofgem’s decision
The suppliers have been granted permission by the Competition and Markets Authority to…
Ofgem labels Utilita’s CMA challenge ‘ill-founded’
The energy regulator has strongly criticised Utilita's challenge to their decision to…
Ofgem faces heat as energy supplier challenges new capital rules
Utilita alleges Ofgem jeopardises smaller firms with £115 per customer capital buffer mandate
Ofgem takes aim at energy profiteering
The boss of the energy regulator Ofgem has emphasised the need for energy companies to…
Ofwat ex-boss: “I will not apologise for my role as Chief Executive”
Cathryn Ross, now serving as interim co-chief executive of Thames Water, faced scrutiny from…
Thames Water secures £750m cash injection
The water supplier has warned, however, it needs an additional £2.5 billion in equity funding…
