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In 1858, London sweltered through an unbearable heat wave. The River Thames reeked so badly it left people gasping for air. "The Great Stink" went down in history — and ultimately gave London a modern sewer system.

You can’t blame Graham Norton for being tongue-tied over the icon. They have a nice, hammy time – and another pop queen serves them drinks – but where is the naughtiness? London, 26 May. Tower Bridge straddles the Thames like, say, Madonna in Like a Virgin. Piccadilly lights. Ray

Loss came after decision to write off 8.7% equity stake in water company moving closer towards nationalisationThe BT pension scheme lost £300m after writing off its holding in Thames Water, the UK’s largest water company that is buckling under a £20bn debt pile.The loss came afte

In the first of a series on nationalisation, we look at the critical tests ahead for the PM-in-waiting, from choosing a chancellor to the future of Thames WaterAs he swept towards victory in the Makerfield byelection, Andy Burnham told voters he wanted to see “the essentials of l

John Halsall has previously worked for Thames Water, South West Water and Network Rail. O recorte ajuda a contextualizar a pauta dentro de Auto.

Resultados anuais mostram que a dívida líquida da empresa em dificuldades subiu para £19,7bn, acima dos £17,7bn do ano anterior.

Thames Water says it has £515m cash in the bank as its debts swell to £18.5bnGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.China grew 4.3% in the quarter to 30 June, one of the slowest rates on record, as sluggish domestic demand outweighed a surge in exports.While operationally the business is improving, we are also working with our creditors, regulators and government to complete our recapitalisation.10am BST: Eurozone indu

The UK's largest water company reported a post-tax profit for the 12 months to the end of March, but its net debt also swelled.

Exclusive: Campaigners voice concerns over rising costs of £11bn Essex to Kent road tunnelThe UK’s public spending watchdog has said it plans to investigate the Lower Thames Crossing, as campaigners voice concerns over the rising costs of one of the UK’s largest infrastructure projects.The head of the National Audit Office (NAO) said he anticipated the agency would “examine and report” on the planned £11bn road tunnel between Kent and Essex, and that work to monitor the project had alr

Exclusive: Move comes as allies of Andy Burnham work on proposals to take water companies into public controlMinisters are drawing up plans to set legally binding debt targets for England’s water companies as they look for ways to avoid another corporate failure such as Thames Water.Sources say Emma Reynolds, the environment secretary, is working on proposals that would force companies to keep their debt below certain levels for the first time or face legal punishment. Continue reading

Um grupo de investidores que detém a maior parte da dívida sênior da Thames Water segue negociando uma proposta de resgate de £10 bilhões com o regulador Ofwat. A disposição é avançar mesmo se a empresa passar por uma gestão temporária do Estado.