Revealed: Thames Water diverted ‘clean-up’ cash to help pay …

Dec 24, 2024 · The EA has fined water companies more than £130m since 2015 and fined Southern Water £90m in 2021 after what was then its largest ever criminal investigation. In …

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Revealed: Thames Water Diverted ‘clean-up’ Cash To Help Pay …

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Dec 24, 2024 · The EA has fined water companies more than £130m since 2015 and fined Southern Water £90m in 2021 after what was then its largest ever criminal investigation. In …

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Revealed: Thames Water Diverted ‘cash For Clean-ups’… - Inkl

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Dec 23, 2024 · The EA has fined water companies more than £130m since 2015 and fined Southern Water £90m in 2021, after what was then its largest ever criminal investigation. In …

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Water Firms Blocked From Using Customer Cash For ‘undeserved’ …

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Nov 21, 2024 · It revealed that Thames Water – more than £16bn in debt and at the centre of growing public outrage over pollution and rising bills – was planning to use customer cash to …

independent.co.uk

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Water Firms Are Blocked From Using Customer Cash To Pay Top …

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Nov 21, 2024 · It revealed that Thames Water - more than £16 billion in debt and at the centre of growing public outrage over pollution and rising bills - was planning to use customer cash to …

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Thames Water Blocked From Paying 'undeserved' Bonuses For Top …

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Nov 21, 2024 · In its response to Ofwat’s draft determination on water companies’ plans, Thames suggested raising average yearly water bills to £666.50 per customer by 2030, a 52% rise.

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Thames Water Fined £18.2m And Denied 59 Per Cent Bills Increase

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Dec 20, 2024 · Thames Water is to be allowed to raise consumer bills by 35 per cent by 2030 following a decision by the industry regulator, as it was also handed an £18.2m fine for paying …

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Thames Water Allowed To Raise Bills By 35% Despite £18m Fine

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4 days ago · Thames Water is to be allowed to hike its bills by 35% by 2030 - even as it was fined £18.2 for paying “unjustified” dividends to shareholders. The average annual bill for customers …

thisislocallondon.co.uk

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Thames Water Bailout 'would Cost Taxpayer Up To £4.1bn' - The …

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Dec 27, 2024 · A state bailout of Thames Water would cost the taxpayer up to £4.1bn, piling further strain on Britain’s embattled public finances, a leading restructuring expert has warned. …

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Water Companies Fined Just £2 For Rule Breaking Despite Record …

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Dec 27, 2024 · In 2024, Welsh Water was fined £1 after it was found to misreport its data on leakages over several years. Ofwat originally proposed a penalty equivalent to 4.5 per cent of …

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FAQs about Revealed: Thames Water diverted ‘clean-up’ cash to help pay … Coupon?

Did thameswater 'clean-up' money on other costs?

ThamesWater splurged millions of environmental ‘clean-up’ money on other costs, it has been claimed (File image) It was also reported managers held talks to assess the risk of a backlash if this news emerged (File image) ...

Will Thames Water pay a bonus if it's a debt-laden company?

Debt-laden Thames Water is among three firms – also including Yorkshire Water, and Dwr Cymru Welsh Water – which were directly blocked from allowing customers to pay £1.55m worth of bonuses after initially wanting to use bill payers’ funds. The remaining six said that shareholders would pay voluntarily. ...

Can Thames Water use customers' money to fund 'undeserved' bonuses?

Read our privacy notice. Thames Water has been blocked from using customers’ money to fund “undeserved” bonuses for top bosses, the water regulator has announced. ...

Does Thames Water owe £16 billion?

This includes debt-laden Thames Water, which currently faces a funding crisis and owes more than £16 billion - and planned to use customer cash to pay £770,000 in bonuses for its chief executive Chris Weston and chief financial officer Alastair Cochran. ...

Why did Thames Water not deliver 'clean-up' projects in 2023?

But it continued to charge customers for the works, and regulator Ofwat was only formally told about their plans not to deliver these major projects in August 2023. ThamesWater splurged millions of environmental ‘clean-up’ money on other costs, it has been claimed (File image) ...

Who are Thames Water & Dwr Cymru?

Debt-laden Thames Water is among three firms, also including Yorkshire Water, and Dwr Cymru Welsh Water, which were directly blocked from allowing customers to pay £1.5 million of bonuses. ...