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UK infrastructure
Two UK water companies lack complete maps of sewage networks
...Southern Water and Thames Water declined to comment further....
April 23, 2024
US politics & policy
China and Russia challenge US claim to mineral-rich stretches of seabed
...US claims to a swath of mineral-rich seabed are being challenged by China and Russia because Washington has failed to ratify a treaty that governs access to resources in international waters....
March 25, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Thames Water
Thames Water bondholders demand emergency summit with troubled group
...to Thames Water’s advisers Rothschild and Linklaters....
April 26, 2024
Thames Water
Thames Water pushes up spending plan to almost £20bn
...In March, Southern Water raised its expected expenditure by 8.5 per cent before inflation and said it now expected average annual customer bills to rise 74 per cent, the biggest price increase in the UK....
April 22, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
Thames Water pushes up spending promise by £1.1bn
...Troubled UK utility Thames Water has pushed up the amount it plans to spend on its network in its latest business plan by £1.1bn to £19.8bn....
April 22, 2024
Utilities
Investors fear Thames Water contagion, Barclays says
...Thames Water, the UK’s biggest water company, provides water and sewage services to 16mn people, or around 25 per cent of the population....
April 23, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Thames Water
Thames Water customers will have paid £540mn for London’s ‘Super Sewer’
...Instead, the UK government and Thames Water agreed to set up an entirely new company that would be privately financed and regulated by Ofwat....
April 26, 2024
United Arab Emirates
Dubai battles flood waters as historic storm causes chaos
...The rising waters flooded villas in the city’s desert outskirts, where residents were canoeing and jet-skiing along submerged roads....
April 17, 2024
FT Schools
Geography class: Dubai battles flood waters as historic storm causes chaos
...Specification: IB DP Geography — Freshwater Click to read the article below and then answer the questions: Dubai battles flood waters as historic storm causes chaos Use the information in the article...
April 22, 2024
Photography
John Waters on Peter Hujar’s ‘original, sexy’ photography
...I see this picture and I just remember how great Charles was. And God, we were all so young. William S Burroughs Burroughs always looked old and dressed old, and Peter caught that here....
April 13, 2024
Letter
Letter: Don’t blame water woes on my great great-grandfather
...Sam Dunkley is right that the mixing of clean and dirty water in Joseph Bazalgette’s sewers gives us a problem today (Letters, April 24)....
April 25, 2024
Thames Water
No one has security over Thames Water’s assets
...He has PhDs in physics and philosophy and has published several books. The fate of Thames Water should depend on the docs....
April 16, 2024
Thames Water
Thames Water crisis prompts jitters over ‘gold standard’ debt model
...The crisis at Thames Water has been exacerbated by a stand-off between water regulator Ofwat and shareholders, which include the Chinese and Abu Dhabi sovereign wealth funds....
April 23, 2024
Thames Water
Hedge fund Elliott scoops up Thames Water bonds
...Elliott, which manages about $65bn in assets and is known for its aggressive approach to corporate and sovereign debt restructuring, had built a position in the heavily-indebted water company’s bonds at...
April 22, 2024
LexThames Water
Thames Water enters its end game Premium content
...This is the beginning of the end for Thames Water in its current form. The process will still be tortuous and lengthy. nathalie.thomas@ft.com...
March 28, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Transcript
Transcript: Big tech continues to rock
...Richard Waters is our tech writer at large, and he’s here to talk about why Silicon Valley is still going strong. Hey, Richard. Richard Waters Hey, Marc, good to talk to you again....
February 2, 2024
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
UK regulator finds surge in sewage discharges into rivers and coastal waters
...The increases are partly due to more monitoring of the 14,318 storm overflow pipes, which release untreated sewage and storm water into coastal waters and rivers when it rains....
March 27, 2024
EU economy
EU waters down supply chain law to placate Germany and Italy
...Paris had attempted to water down the law even more last week, despite having secured concessions on the banking sector in December....
March 6, 2024
Due Diligence
The Chinese banks behind Thames Water Premium content
...Bank of China and Industrial and Commercial Bank of China are part of a group of lenders involved in a stand-off over debt at Thames Water’s parent company....
April 5, 2024
Chris Giles
The great stink of Thames Water
...The assets, especially the right to levy and enforce water bills, are very valuable....
April 12, 2024
Thames Water
Thames Water shareholders signal readiness to take £5bn hit
...Its nine shareholders, which include Chinese and Abu Dhabi sovereign wealth funds, and UK and Canadian pension funds, said on Thursday the water company was “uninvestable” as they backtracked on a commitment...
March 28, 2024
Alec Russell
Taiwan’s perilous path in a distracted world
...Chinese coast guard and militia boats recently rammed Philippine ships and used a water cannon and laser against sailors. Such antics may seem small beer....
March 11, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Thames Water parent company says it has defaulted on debt
...The default threatens to wipe out the equity stakes of Thames Water’s nine shareholders, which include Canadian and UK pension funds....
April 5, 2024
Inside BusinessPatrick Jenkins
What UK water can learn from global banking
...Yet the challenges confronting the likes of Thames Water and many others among the UK’s 17 suppliers of water and sewerage services do smack unnervingly of the issues that banks faced in the period running...
April 15, 2024
UK infrastructure
Thames Water shareholders backed away over regulator’s debt demands
...“We will continue to monitor Thames Water as it seeks to turnaround its performance for customers and the environment.” Thames Water and its parent Kemble declined to comment....
April 12, 2024

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