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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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"Livid" activists have responded to a court ruling which will see Thames Water given a £3bn rescue loan. Liberal Democrat MP, Charlie Maynard, who brought a public interest claim into court, said he would seek to appeal the decision which he said was "not in the public interest". Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:25Published