8 d. ago Thames Water shortlisted for string of awards before being hit with £122.7m fine

The debt-ridden water firm was this week slapped with the huge penalty by watchdog Ofwat for breaking rules on sewage and dividend payouts - after being shortlisted for 12 industry awards

Events

1 week ago Thames Water is hit with £122.7m record fine for breaking rules on wastewater and dividend payments

Ofwat said Thames Water would pay £104.5 million for wastewater breaches - the largest fine imposed by the watchdog - and a further £18.2 million for breaking rules relating to dividend payments.

Economics

1 week ago Why was Thames Water fined? London utility company to pay £123m

Thames Water has been hit with a record fine due “to a significant breach of the company’s legal obligations”

Economics

1 week ago Thames Water hit by record £123 million fines over "betrayal of customers"

Huge penalties relate to “systemic” wastewater failures and breaches of rules over dividend payments

Economics

1 week ago Thames Water hit with record £104.5m fine over sewage failures, Pets at Home vets surge ahead but UK retail confidence plunges

From Thames Water’s record fine and Pets at Home’s vet division overtaking retail, to Willmott Dixon’s profit rebound, falling retail confidence, and a warning from Britain’s biggest bioethanol plant - here are today’s top UK business stories.

Events

1 week ago Thames Water hit with biggest ever fine of £122.7m over pollution and dividends

Regulator Ofwat said the utility giant ‘failed to protect the environment’ and issued the combined penalty as part of two separate investigations.

Economics

1 week ago Thames Water hit by record £123 million fines after 'letting down its customers'

Huge penalties relate to “systemic” wastewater failures and breaches of rules over dividend payments

Economics