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Thames water slammed with record £123m fine for sewage pollution failures

In a historic move, UK water regulator Ofwat has fined Thames Water a record £123 million over serious sewage pollution and financial misconduct. The penalty includes a £104 million environmental fine and an £18.2 million punishment for breaking rules on dividend payments. Ofwat confirmed that investors, not customers, will bear the cost of the sanctions. […]


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