Thames Water Delays Ofwat Appeal as Creditor Talks Grind On

Thames Water has pushed back a decision on whether it’ll appeal a ruling by the regulator on how much it can charge customers as negotiations with creditors over a rescue deal drag on. More from Bloomberg (subscription required).

Meanwhile, the near bankrupt utility paid £20 million to cover the due diligence costs of KKR for its abortive rescue attempt. More from the Financial Times.