Keywords: Thames water
Lenders have offered to inject £3.35 billion ($4.43 billion) of new equity into Thames Water, the United Kingdom’s largest water supplier, in a bid to stabilize the company and avoid temporary nationalisation, Sky News reported on Saturday. The proposal, submitted to the industry regulator......
Thames Water has been issued a staggering fine of £122.7 million for breaching regulations regarding sewage spills and shareholder payouts. This penalty marks the largest ever imposed by the water industry regulator, Ofwat, which criticized the company for failing to protect both its customers......
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