Thames Water agrees 750m funding deal but warns significantly more needed
Thames Water has said its shareholders have agreed to pump another £750 million in funding into the utility giant, but warned that another £2.5 billion will be needed by 2030 as it struggles under a £14 billion debt mountain. The supplier said the initial funding agreement to the end of March 2025 is a “major milestone”, although it is less than the £1 billion expected, and the group admitted that