The UK's biggest utility company agrees a lifeline to help it last until next October.
Thames Water has been thrown a cash lifeline that will tide the troubled utility giant over until October next year.
People close to the deal said it was signed on Thursday evening and shows there is confidence that new and existing investors can reach an agreement to secure the company's future. One in four people in the UK rely on Thames for their supply and its customers are facing a steep rise in bills.
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