Environment secretary declares ‘era of profiting from failure is over’ after Thames Water fine
The environment secretary has declared that the “era of profiting from failure is over” after Thames Water was fined nearly £123 million by the regulator, Ofwat. The financial sanction follows two separate investigations that uncovered failures in its wastewater operations and breaches of rules relating to dividend payments. The penalty package includes a £104.5 million […]
Luke Taylor: ‘Thames Water is failing, Ofwat is toothless — and the public is paying the price’
Well, I don’t imagine I made a lot of friends at Thames Water when I spent twenty minutes on my feet lambasting them in Westminster Hall at the start of April. But I promised my constituents that I would fight for them every day in parliament on the issues that matter to them most. For […]
Water firms facing legal action over claims they underreported sewage spills
The UK’s six biggest water firms are facing legal action over claims they underreported pollution and overcharged customers in a move which could result in hundreds of millions of pounds in compensation. Severn Trent is the first to face the action on behalf of 8 million customers, with claims against the other firms expected in […]
