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Ofwat hits ailing Thames Water with £40m fine over dividend payment

Sky News Saturday, 1 June 2024
Britain's biggest water company has been told it faces a fine of more than £40m over the payment of a shareholder dividend in spite of its poor performance.
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Ofwat Ofwat Body regulating the UK water and sewerage industry

Lib Dems call for Ofwat to be scrapped [Video]

Lib Dems call for Ofwat to be scrapped

The Liberal Democrats have called for Ofwat to be scrapped and for a new powerful regulator to be created in its place. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:30Published
Regulator announces water bill increases [Video]

Regulator announces water bill increases

Water regulator Ofwat has announced that household water bills in England and Wales will increase by an average £31 a year over the next five years. Chris Walters, Senior Director for the Price Review said the rise was necessary to pay for a record level of investment. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:57Published

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