theguardian.com
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Thames Water Faces £18.2m Penalty and 35% Bill Hike for Dividend Rule Breaches
Ofwat imposed an £18.2 million penalty on Thames Water for dividend rule breaches, necessitating a 35% customer bill increase by 2030, impacting 16 million customers and setting a precedent for stricter regulatory oversight within the water industry.
Thames Water Faces £18.2m Penalty and 35% Bill Hike for Dividend Rule Breaches
Ofwat imposed an £18.2 million penalty on Thames Water for dividend rule breaches, necessitating a 35% customer bill increase by 2030, impacting 16 million customers and setting a precedent for stricter regulatory oversight within the water industry.
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