Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Thames Water asks creditors for more time to help repay...
Politics

Thames Water asks creditors for more time to help repay £20bn debt pile

The Guardian Business Monday 09 November 2026, 10:32 UTC By Lauren Almeida 1 min read
Key Points

Troubled utility lobbies for deadline on part of the debt to be extended to March 2028Thames Water has asked its creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat. The UK’s largest water company said it had proposed an “interim” deal under which the deadline to pay off an unspecified portion of the £20bn of debt on its balance sheet would be extended from 2027 to March 2028.

Troubled utility lobbies for deadline on part of the debt to be extended to March 2028

Thames Water has asked its creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat.

The UK’s largest water company said it had proposed an “interim” deal under which the deadline to pay off an unspecified portion of the £20bn of debt on its balance sheet would be extended from 2027 to March 2028.

Continue reading...
Thames Water (PERSON) UK (LOCATION)
Originally published by The Guardian Business Read original →

Related Stories

🔴 Judo star Teddy Riner announces bid for French presidency

Judo star Teddy Riner announces bid for French presidency French judo star Teddy Riner announced on Monday that he would run in next year's presidential election. French judo champion Teddy Riner announced on Monday that he would run for president in next year's election. More information to come...

France 24 10m ago

Judo star Teddy Riner announces bid for French presidency

Judo star Teddy Riner announces bid for French presidency French judo star Teddy Riner announced on Monday that he would run in next year's presidential election. French judo champion Teddy Riner announced on Monday that he would run for president in next year's election. More information to come...

France 24 12m ago

Ground war

Sponsor-generated content is content produced or curated by an advertiser that lives on POLITICO and is promoted alongside POLITICO's own editorial content. The content will be identified as 'sponsor-generated content' anywhere it may appear on the website. POLITICO's editorial department has no involvement in the creation of this content.

Politico EU 14m ago

French PM Lecornu holds talks over protesters' cost-of-living concerns

French Prime ⁠Minister Sebastien Lecornu is set to meet ​representatives of employers' organisations and private-sector unions on Monday, November 9, to try ​to address cost-of-living concerns that have sparked some of France's worst civil unrest in years.

France 24 21m ago