India  

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.
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Thames Water Thames Water UK water company

Thames Water seeks court approval for emergency bailout

Thames Water is seeking High Court approval today for a £3bn emergency loan to keep the troubled utility afloat, in a crucial 48-hours for the company and the..
Sky News

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

Full list of what water bills cost now - and how much they're going up by in your area

The cost of water bills will go up in the next few years, the industry regulator Ofwat confirmed today.
Sky News

Water bills to rise by average of 36% over next five years - Ofwat

Average water bills in England and Wales will increase by 36% over the next five years, water regulator Ofwat has said.
Sky News
TV presenter calls on government to ‘rip’ up water regulator [Video]

TV presenter calls on government to ‘rip’ up water regulator

TV presenter and environmental campaigner Chris Packham says OFWAT is in “dereliction of duty” and calls on the government to “reform that regulator”. Mr Packham joins a range of groups including River Action and Greenpeace who march through central London to demand tougher action to keep the UK’s water ways clean. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:12Published