Hints and tips:
Related Special Reports
...Thames Water declined to comment....
...However, Thames Water, which supplies water to a quarter of the British population, remains in trouble....
...Thames Water said: “We are extremely fortunate to have such supportive shareholders....
...The hedge fund has stayed clear of bonds at Thames Water’s holding company Kemble, however, which sit outside the regulatory ringfence and are trading at less than 15 pence....
...Thames Water’s WBS debt is a legacy of its 2006 buyout by Macquarie....
...Kemble relies on dividends from Thames Water to pay interest to its bondholders and lenders....
...The default threatens to wipe out the equity stakes of Thames Water’s nine shareholders, which include Canadian and UK pension funds....
...Macquarie has not had any control or influence over Thames Water’s operating company since 2017.” Thames Water declined to comment....
...Additional reporting by Robert Smith in London...
...“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....
...Will Thames Water be renationalised?...
...The USS, Thames Water’s second-biggest shareholder, declined to comment....
...If the shareholders were to withdraw, it would potentially leave Thames Water without owners and running down its cash reserves....
...In a letter last month, Swiss regulator Finma told the Swiss Federal Administrative Court in St Gallen that releasing the files could undermine confidence in the agency, the FT’s Owen Walker and DD’s Robert...
...Thames Water and Kemble did not immediately respond to requests for comment. Additional reporting by Robert Smith...
...But should the wholesale insurance market in London instead be pushing for a Bermuda-on-Thames regime for the UK reinsurance industry?...
...Lucy Fisher And columnist Robert Shrimsley. Robert Shrimsley Hi, Lucy....
...Sir Robert Goodwill, chair of the cross-party environment, food and rural affairs committee, said the panel was considering a fresh investigation after the Financial Times revealed that Thames Water had...
...Thames Water’s woes....
...Thames Water declined to comment on its debt repayments for 2024. Additional reporting by Robert Smith...
...Robert BostonKingshill, Kent, UK...
...This is one case where adopting a policy of Singapore-on-Thames makes eminent sense. Professor Robert Field Durham, UK Professor Albert Weale Cambridge, UK...
...Kemble Water Finance purchased £500m of shares in Thames Water Limited and Thames Water Limited purchased £500m of shares in Thames Water Utilities Holdings....
...This article has been amended to clarify the planned structure of the UK/EU security pact robert.shrimsley@ft.com...
...robert.shrimsley@ft.com...
International Edition