Thames Water asks for £2.4bn more to avoid going bust this year or early 2027

Oct 15, 2026 · 5:14 PM UTC · 0 reactions · 0 comments · 7 views

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Water company tells creditors it will not survive long enough to agree refinancing deal without more money Thames Water has asked its creditors for another £2.4bn as the embattled water company comes close to running out of cash. The UK’s largest water company said on Thursday it needed another short-term cash injection because it would be unable to reach a longer-term deal to sort out its giant debt pile before running out of cash by “the end of 2026 or the start of 2027”. Continue reading...

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Original publisher	World news \| The Guardian
Canonical URL	https://www.theguardian.com/business/2026/oct/15/thames-water-24bn-going-bust-this-year-early-2027
Publication time	Thu, 15 Oct 2026 17:14:48 GMT
Retrieval time	2026-10-15T16:20:50.755Z
Last seen	2026-10-15T16:20:50.755Z
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