Category : Search result: utilities crisis


Thames Water defers £2.5m boss bonuses until new year

Thames Water postpones controversial £2.5m retention payments for 21 executives as it seeks a multi-billion pound rescue deal. Discover the full story behind the bonus row and the utility's financial crisis.

Couple died in 15ft flood days before anniversary

Philip and Elaine Marco, 77 and 76, died when their car hit a deep flood on a Liverpool road with a known flooding history. The inquest heard 'monsoon' conditions were to blame. Read the full investigation.

Thames Water Crisis: £1.1bn Funding Collapses

Exclusive: Thames Water's emergency funding plan collapses as shareholders refuse £1.1bn injection, raising fears of potential special administration and creating turmoil for UK's largest water supplier.

Thames Water: Temporary Renationalisation Looms

As Thames Water teeters on the brink of collapse, temporary state control appears increasingly inevitable. Explore the financial quagmire and why renationalisation might be the least worst option for Britain's largest water company.

BlackRock's £2.1bn Aletto Power Acquisition Finalised

Investment titan BlackRock secures a landmark $2.6 billion deal to acquire Minnesota Power's parent company, Aletto. This strategic move signals a major shift in energy sector ownership and raises pivotal questions about renewable investment and market co

Thames Water: Creditors propose £20bn rescue package

Major creditors have tabled a radical £20 billion restructuring plan to rescue Thames Water from administration, aiming to secure the future of Britain's largest water company and prevent a national crisis.

Thames Water on the Brink: Ofwat Rejects Bailout

Britain's largest water company, Thames Water, faces potential collapse as regulator Ofwat blocks its rescue plan. With debts soaring to £15.6bn, the government prepares for a temporary nationalisation to avert a crisis for 16 million customers.

Aylan Kurdi: The Legacy of a Tragedy That Shook the World

Nine years after the death of three-year-old Aylan Kurdi, his photograph remains a powerful symbol of the human cost of failed asylum policies. This editorial examines the enduring legacy of a tragedy that shook the world.

NHS Mental Health Bed Shortage Hits Record Low

Exclusive: The Royal College of Psychiatrists warns of a 'catastrophic' shortage in NHS mental health beds across England, leading to patients being sent hundreds of miles from home for care.

Boomerang Generation: Young Aussies Flee Home Costs

Exclusive research reveals a generational crisis as soaring living costs and stagnant wages force young Australian professionals to abandon independence and return to the family home, reshaping the nation's economic landscape.

Irish missionary freed after Haiti kidnapping ordeal

Irish nun Sister Patrice Tarnawa has been released after being held captive by armed gunmen who stormed her orphanage in Haiti. The heartwarming reunion and her resilient spirit amidst the Caribbean nation's escalating security crisis.

Page 1 of 4