London, March 17, 2025 (AFP) - Court upholds £3 bn lifeline for UK's top water supplier

NAMPA / AFP

2025-03-17

A UK court on Monday upheld an emergency loan granted to Thames Water, allowing Britain's largest such supplier to keep a financial lifeline as it drowns under massive debt. The High Court in London last month authorised the £3 billion ($3.9 billion) loan, allowing Thames to stay afloat and stave off a costly public bailout. However, it was subject to an appeal last week by some of the company's smaller creditors displeased at the terms of the p......

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