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Politics & Government · Europe

Thames Water asks creditors for more time to help repay £20bn debt pile

Troubled utility lobbies for deadline on part of the debt to be extended to March 2028 Thames Water has asked creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat. The UK’s largest water company said it had proposed an “interim” deal under which the deadli

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Troubled utility lobbies for deadline on part of the debt to be extended to March 2028 Thames Water has asked creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat. The UK’s largest water company said it had proposed an “interim” deal under which the deadli

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