Thames Water’s £3bn rescue loan has been approved by the court after an appeal against the deal was dismissed. The loan will allow the company to continue operating for at least another 12 months, giving it time to restructure its nearly £20bn in debt and attract new investment. The decision was welcomed by Thames Water’s chief executive, who stated that the firm’s “turnaround plan” can now continue with the initial tranche of £1.5bn being provided in instalments over the coming months.
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Manhunt for Montana bar shooting suspect continues into third day
The manhunt for 45-year-old military veteran Michael Paul Brown, suspected of fatally shooting four patrons at The Owl Bar in Anaconda, Montana, continues with no capture after three days. Authorities warn he is armed and dangerous, offering a $7,500 reward for information, while victims were identified, and Brown's struggles with mental illness were highlighted by family. Want More Context? 🔎
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