Thames Water announced yesterday that the seventh set of consent requests launched on 19 December 2025 have been approved by its creditors – including the drawdown in January 2026 of the remaining £233.5 million undeferred portion of its initial £1.5 billion facility.

Thames Water Utilities Ltd has announced today that its Fifth Consent Requests have been approved by its creditors – meaning the water company will now be able to access further funding from its existing £1.5 billion facility.

Thames Water has issued its fifth consent requests for Super Senior Issuer Funding from the initial £1.5 billion available under its super senior liquidity facility - Thames Water Utilities Ltd has so far drawn £872 million of the facility.

CK Infrastructure, the owner of Northumbrian Water, has re-entered the bidding process for Thames Water and approached the water sector regulator Ofwat to say it is ready to submit its own rescue package, according to a report in The Sunday Times at the weekend.

Thames Water investors have today submitted a new plan to Ofwat to stave off the company’s collapse – the proposal from the London & Valley Water (L&VW) consortium aims to deliver £5.4 billion of committed funding to Thames Water.

Thames Water Utilities Ltd has announced that the Fourth Consent Requests it launched on 5 September have been overwhelming approved by its creditors, with a deemed approval rate of over 99%.

The House of Commons Environment, Food and Rural Affairs Committee (EFRA) has recalled Thames Water’s Chair Sir Adrian Montague, CEO Chris Weston and Independent Non-Executive Director Ian Pearson, who chairs Thames’ Remuneration Committee, for further questioning on Tuesday 15 July in the light of ongoing concerns.

Thames Water has announced it is seeking a further drawing of £157 million in July 2025 from the initial £1.5 billion loan available under the group's liquidity facility.

The Government has confirmed that paying bonuses in the form of retention payments to senior executives are not an an option for Thames Water, following comments by water company Chair Sir Adrian Montague when he appeared before the House of Commons Select Committee for Environment Food and Rural Affairs (EFRA) last week.

Thames Water chiefs were on the defensive when they appeared in person before the House of Commons EFRA Committee earlier this week in an intensive two hour evidence session which made for compelling – and at times uncomfortable – viewing.