(Alliance News) - Allowing Thames Water to run out of money by not approving restructuring plans is "a risk which cannot be run", the High Court has been told. Read More
(Alliance News) - abrdn PLC on Tuesday said it expects 2024 adjusted operating profit to be in line with current market expectations, as it posted an increase in assets under management. Read More
(Alliance News) - Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an GBP18.2 million fine for paying "unjustified" dividends to shareholders. Read More
(Alliance News) - Households in England and Wales are set to learn their water bills will rise by at least 20% by 2030 to fix the "twin crisis" of pollution and shortages. Read More
(Alliance News) - Two groups of creditors of troubled water company Thames Water Utilities Ltd are in a High Court dispute over how best to keep it afloat, as the utility will run out of money by March if restructuring is not approved. Read More
(Alliance News) - Thames Water Utilities Ltd has won support from three-quarters of its creditors for an emergency funding deal which would throw the struggling utility company a GBP3 billion lifeline. Read More
(Alliance News) - A group of Thames Water Utilities Ltd's lenders has called on more firms to help foot the bill for a GBP1.5 billion cash injection designed to give the struggling water company a temporary lifeline. Read More
(Alliance News) - abrdn PLC on Thursday said net outflows in the calendar year to date have fallen by nearly 70%, whilst third-quarter assets under management & administration demonstrate marginal growth. Read More