Yorkshire Water and Northumbrian Water also sanctioned by regulator
Thames Water has been fined £104mn for failing to manage its sewage works, leading to effluent “routinely” flowing into rivers and seas and putting further pressure on Britain’s biggest water utility as it fights for financial survival. Ofwat said Thames Water and two other companies — Yorkshire Water and Northumbrian Water — would be penalised for breaching regulations that require them to adequately upgrade, maintain and operate sewage treatment works.
5bn by 2030 if it is to avoid being taken under the government’s special administration regime, a form of temporary renationalisation. It says it has enough cash to last until May. Ofwat said Thames Water had known about the fine since December so “should have prepared for the impact”. Despite the poor performance Chris Weston, who joined as chief executive in January, took a £195,000 bonus for the three months to the end of March, taking his total pay to £437,000 for the period.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Water companies fined record £XXm by regulatorThames Water, Northumbrian Water and Yorkshire Water face fines for repeated sewage leaks.
Read more »
Mass water bill boycott aims to bring Thames Water under public ownershipCampaigners behind the Don't Pay UK energy bill boycott have come together to launch a mass non-payment of water bills
Read more »
Yorkshire Water scheme to improve Ilkley water quality progressesYorkshire Water is constructing a new storm overflow tank in Ilkley to lessen sewage discharges.
Read more »
Thames Water set to avoid £240m fine from regulator over fears for its financesThe troubled utility earlier this week breached it operating licence when some of its £16.5bn debt pile was downgraded to 'junk' status but its precarious financial position means it is unlikely to face hefty fines at this stage
Read more »
USS warns on future investments after Thames Water lossPension fund says writedown of stake in troubled utility will ‘influence’ its approach
Read more »
Wandsworth Council fines Thames Water £500K over late roadworksMore than 320 Thames Water roadworks were delayed in just over two years, the council says.
Read more »