Thames Water seeks to delay £12bn in debt repayments
Thames Water has unveiled intends to push back over around £12 billion of its debts due until March 2028 in a move giving the stricken supplier vital breathing space as it looks to secure a rescue deal. The UK’s biggest water group – which is struggling under a debt mountain of over £20 billion – stated the planned deal will extend repayments on debts that were due in March 2027 for another year.