Tag results for: Thames Water

The ‘era of profiting from failure is over’ as Thames Water fined £122.7 million – London Business News | Londonlovesbusiness.com

The water regulator Ofwat has fined Thames Water £122.7 million following and investigation into wastewater and dividend payments. Ofwat has said Thames Water has...

Ofwat can ban ‘failing water bosses’ from having ‘huge bonusses’ hundreds of thousands – London Business News | Londonlovesbusiness.com

Ofwat has been given the power to ban bonuses for water firms when their performance is not acceptable and fails to meet environmental standards, under...

Water firm preparing ‘for potential water shortages’ which could lead to hosepipe bans – London Business News | Londonlovesbusiness.com

Thames Water has warned that they are preparing “for potential water shortages” which will lead to a hosepipe ban despite customers paying eyewatering bills. ...

Thames Water slammed by MP in parliament for ‘reckless’ Southwark disruptions  – London Business News | Londonlovesbusiness.com

Luke Taylor MP, Liberal Democrat London Spokesperson and MP for Sutton and Cheam, used a debate he secured in Parliament to slam Thames Water over...

High Court judge approves Thames Water £3 billion restructuring plan, but slams the company over ‘eye watering’ costs – London Business News | Londonlovesbusiness.com

Troubled Thames Water has warned that by May 2025 they will have run out of money as debt ridden company is struggling to secure funding....

Thames Water receives buyout offer which would end up being listed on the stock market – London Business News | Londonlovesbusiness.com

Thames Water has received a buyout offer from Covalis Capital the plans it would see the company break up the business into smaller chunks. ...

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