Thames Water seeks £2.4bn bailout to prevent insolvency by late 2026
Thames Water asked creditors for £2.4bn Thursday to avoid insolvency by late 2026 or early 2027. The UK's largest water company has already drawn £2.65bn of a £3bn lifeline provided last February. The utility serving 16 million customers faces £20bn in debt and requires the additional funds to complete refinancing negotiations.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 15 Oct 2026, 16:14 UTC · Updated 15 Oct 2026, 16:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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