Thames Water boss 'untroubled' by prison threat - and says he can save company

Thames Water 'understands everyone is angry' over pollution

Water firm bosses could face jail time and be banned from receiving bonuses for obstructing regulators under proposed new laws aimed at cracking down on the pollution of England's rivers, seas and lakes. Reacting to the announcement, Thames Water CEO Chris Weston, said that he needs "time to digest what has been said today," he continued: "I understand everyone's angry, as am I." Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Ofwat accuses Thames Water of 'catalogue of failures'

The chief executive of Ofwat has accused Thames Water of a "catalogue of failures" over sewage spills. The regulator has proposed fining Thames Water, Yorkshire Water and Northumbrian Water a total of 168 million pounds after conducting an investigation. David Black adds Ofwat is talking to the government about giving them additional powers to block chief executive bonuses "where companies fail to comply with the law". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Govt welcomes record fines for water companies over sewage

Environment Secretary Steve Reed welcomes Ofwat's decision to impose record fines on water companies for failing to tackle sewage spills. Northumbrian Water, Thames Water and Yorkshire Water face financial penalties totalling £168m following the regulator’s largest ever investigation into the performance of water companies. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn