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...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....
...Troubled UK utility Thames Water has pushed up the amount it plans to spend on its network to combat environmental issues such as sewage spills by £1.1bn to £19.8bn in an update to its business plan on Monday...
...In a statement on Thursday, Thames said it was still hoping to agree a business plan with regulator Ofwat that was “affordable for customers, deliverable and financeable for Thames Water, as well as investible...
...The union that represents the biggest group of members in the USS called on Thursday for the renationalisation of Thames Water....
...He said the company needed “to sort out their own issues”, adding: “What we’re never going to do for people who invest in the UK is say that the state is going to insure you against bad decisions made by...
...“You’re locked into a programme which is very, very difficult to get out of,” said Curtis....
...I mean, this seems like a big crisis if they’re at the point where they’re talking about these big restructurings. How did Thames Water get into this mess?...
...In today’s newsletter: Thames Water’s Chinese lenders AT1 documents fight Blackstone’s luxury sale Thames Water’s Chinese stand-off Critics of Britain’s water company privatisation have recently accused...
...Oliver Roeder Essentially, what you’re talking about is being a sort of back-country chess bishop. You’re trying to travel diagonally across this chequerboard, staying only on the public squares....
...I’m Rob Armstrong in New York and I’m joined today by Josh Oliver in London....
...As the City fretted over the future of Thames Water last week, the telecoms testing company said that it had agreed a 201.5p per share offer from US testing group Keysight, which valued its equity at £1.16bn...
...“We’re in a different era that does not favour debt in relation to real estate purchases,” she says....
...Cracks show in Thames Water’s financial plumbing The supposedly bulletproof capital structure used to finance Thames Water isn’t looking so solid.The finances backing the UK’s largest water utility and...
...The funding will be divided into £124mn to “unlock” 7,200 homes at Barking Riverside, a major housing development further down the Thames, and investment in Canary Wharf, which will support up to 750 homes...
...“We’re not gonna do anything,” one official said. “The whole corner-crossing stuff is so up-in-the-air in the state.”...
...“There’s not the clear-cut clinical evidence like physicians wanted, the products don’t stop the disease like the patients wanted, they’re never going to be as big a blockbuster as industry wanted and they...
...“Today’s generations have more opportunities, so they’re looking for things like quality of life, purpose and meaning.”...
...“We’re in a great place to acquire,” said Derwent chief executive Paul Williams. “I think we’re seeing the investment market stabilise. I think we’re near the end.”...
...Dear reader, Sometimes, it turns out, bankers do know what they’re talking about. In January, I questioned the talk about “green shoots” in dealmaking by US banking bosses....
...And from London, commercial property correspondent Joshua Oliver. Joshua OliverHey, Ethan. Ethan WuJosh, I don’t know what you’re blowing up over there in London....
...spelling out what you’re going to do in your work which I don’t think is helpful.”...
...We’re not stupid and we want to succeed.”...
...“We’re a large enterprise consulting business, which means we get into solutions and technology in a fairly heavy way,” explains Phil Spring, UK sustainability services leader at IBM Consulting....
...“We’re pleased to work with Lilly to reimagine a pharmacy experience that can support better care outcomes.”...
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