Thames Water told court it faced cash collapse weeks before deadline

Thames Water stated in a government legal filing that it would exhaust cash reserves by March 2025 without £3 billion in emergency funding. The company also disclosed it could not repay a £190 million loan. The formal notice of appeal — a judicial document carrying greater weight than corporate statements — confirms the scale of financial stress at England's largest water utility, serving 16 million customers across London and the Thames Valley.