General · 16 March 2026

Creditors propose new £3.4bn Thames Water rescue

Millions of customers of Britain's biggest water supplier may see a crucial financial boost. Thames Water confirmed its creditors have tabled an improved rescue bid, with ongoing discussions about the proposals. The London & Valley Water consortium plans to inject £3.4 billion of new equity and up to £6.55 billion in new debt.

By BriefTea Editorial · 16 March 2026 at 11:08

Reported by Independent · How we write briefs

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