Thames River

British water and sewage utility Thames Water said on Tuesday that a US investment firm has dropped a rescue bid for the debt-burdened company. Thames Water said private equity company KKR decided not to make a bid and its status as preferred bidder had lapsed. The utility said it is talking to "senior creditors" about an alternative money-raising plan. "Whilst today's news is disappointing, we continue to believe that a sustainable recapitalisation of the company is in the best interests of all stakeholders. We will continue to work with our creditors and stakeholders to achieve that goal," Thames Water chairman Arian Montague said. The cash-strapped company, which provides water and sewage services to 16 million people in and around London, has teetered on the edge of insolvency under about 19 billion pounds ($26 billion) in debt. The utility received court approval in March for 3 billion pounds in emergency funding to keep it from falling into government administration. KKR's ..

The group has become a poster child for the failures of privatisation, after its performance deteriorated in the 2010s when its previous investors took out huge dividends

City of London police tweeted shortly after 5 pm that the bridge was closed to pedestrians and traffic and mechanics were working to fix the problem

He cycled 150 miles from Lechlade, Gloucestershire to Tower Bridge near London for 9 days and collected two baskets full of litter.