Thames Water may need £10bn investment to repair finances, high court hears

Struggling company may require significantly more resources than roughly 6.3bn it previously indicated

Thames Water may need as much as 10bn in debt and equity investment to repair its finances, according to a representative of creditors hoping to lend the struggling utility another 3bn.

London's high court heard evidence on Tuesday that suggested the UK's largest water company may need significantly more resources than the roughly 6.3bn it has previously indicated.