Skip to content
the local report

Uk

Thames Water Holdings debt default deepens crisis

By | Published | No Comments

Thames Water Holdings’ crisis deepened after it announced it was defaulting on its debt.

Kemble Water said it had failed to make an interest payment due on Tuesday.

The company said it had asked lenders not to take immediate action in order to “provide a stable platform while all options are explored”.

The announcement paves the way for a potential restructuring of Thames Water, which serves nearly a quarter of the UK’s population.

This breaking news story is being updated and more details will be released soon.

Please refresh the page for the full version.

You can receive breaking news alerts on your smartphone or tablet sky news app.You can also follow @SkyNews X on or subscribe to our YouTube channel Get the latest news.

Follow us on Google news ,Twitter , and Join Whatsapp Group of thelocalreport.in

Surja, a dedicated blog writer and explorer of diverse topics, holds a Bachelor's degree in Science. Her writing journey unfolds as a fascinating exploration of knowledge and creativity.With a background in B.Sc, Surja brings a unique perspective to the world of blogging. Hers articles delve into a wide array of subjects, showcasing her versatility and passion for learning. Whether she's decoding scientific phenomena or sharing insights from her explorations, Surja's blogs reflect a commitment to making complex ideas accessible.

Latest posts