Thames Water’s $3bn bailout survives the Court of Appeal dismisses authorized problem | Business Live

Join Darren McCaffrey and visitors for the most recent financial and enterprise information, because the UK’s largest water provider – Thames Water – has survived a authorized problem to its monetary restructuring.

The Liberal Democrat MP Charlie Maynard and a small group of Thames Water collectors had appealed in opposition to a 3 billion pound mortgage for the corporate.

Without the mortgage, Thames Water stated it will run out of cash on the twenty fourth of March

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