Thames Water fined £18m over dividends but granted 35% bills …

Dec 19, 2024  · Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an £18.2 million fine for paying “unjustified ...


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Thames Water Fined £18m Over Dividends But Granted 35% Bills …

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Dec 19, 2024  · Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an £18.2 million fine for paying “unjustified ...

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Thames Water Fined For ‘unjustified’ Dividends, But Bills To Rise …

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Dec 19, 2024  · Thames Water will be allowed to hike consumer bills by 35pc by 2030 following the decision by the industry regulator, as it was also handed an £18.2m fine for paying …

telegraph.co.uk

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

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2 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 Fined £18m Over Dividends But Granted 35% Bill …

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Dec 19, 2024  · Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an £18.2 million fine for paying …

hellorayo.co.uk

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Thames Water Ordered To Pay £18 Million Fine For Breaking …

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Dec 19, 2024  · The average annual bill will rise to £588 by 2030, Ofwat said, up from £436 this year, not taking into account inflation. ... On Thames Water’s “unjustified” dividends, in …

leftfootforward.org

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Thames Water Fined Over Dividends But Granted 35% Bill Hike By …

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Dec 19, 2024  · (Alliance News) - Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an GBP18.2 million …

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Thames Water Fined Over Dividends But Granted 35% Bill Hike By …

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Dec 19, 2024  · Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an £18.2 million fine for paying …

sharesmagazine.co.uk

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Thames Water Slapped With £18m Fine By Ofwat For Dishing Out …

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Dec 19, 2024  · Thames Water customers to see bill hikes Under plans revealed by Ofwat on Thursday, the average annual Thames Water bill will rise to £588 by 2030, £152 more than …

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Thames Water Fined £18m By Ofwat For Breaking Shareholder …

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Dec 19, 2024  · The UK's biggest water company has been fined £18.2m for "unjustified" dividends which the regulator said broke shareholder payment rules. Thames Water has been hit with …

sky.com

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Thames Water Fined £18m Over Dividends But Granted 35% Bills …

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Dec 19, 2024  · Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an £18.2 million fine for paying …

lincsonline.co.uk

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Thames Water Fined £18m By Ofwat For Breaking Dividend Rules

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The water regulator has ordered the company to claw back £131m in dividends and warned against taking money out of the business

thetimes.com

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Thames Water Bills Will Surge By £152 Over The Next Five Years

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Dec 19, 2024  · On the Thames Water fine Black added:: "Ofwat's £18 million penalty and clawing back the value of £131 million in unjustified dividend payments is a clear warning to the whole …

standard.co.uk

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Thames Water Fined For 'unjustified' Dividend Payments To ... - ITVX

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Dec 19, 2024  · Thames Water has been fined £18.2 million by regulator, Ofwat, over 'unjustified' dividend payments to shareholders. Ofwat said the fine was for paying £158.3 million in …

itv.com

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Thames Water Fined Over Dividends But Granted 35% Bill Hike By …

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Dec 19, 2024  · Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an GBP18.2 million fine for paying …

marketscreener.com

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Thames Water Fined Over Dividends But Granted 35% Bill Hike By …

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Dec 19, 2024  · (Alliance News) - Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an GBP18.2 million …

marketscreener.com

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Water Bills To Rise By An Average Of £86 This Year | Echo - Southend …

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10 hours ago  · Thames Water is to be allowed to hike consumer bills by 35%, as the regulator also handed it an £18.2 million fine for paying “unjustified” dividends to shareholders.

echo-news.co.uk

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Water Bills To Rise By An Average Of £86 This Year, With Four More ...

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1 day ago  · Thames Water is to be allowed to hike consumer bills by 35%, as the regulator also handed it an £18.2 million fine for paying “unjustified” dividends to shareholders. The ruling …

yahoo.com

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Struggling Thames Water Fined $23 Million For Breaking Dividend …

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Dec 19, 2024  · British regulator Ofwat said on Thursday it plans to fine Thames Water 18 million pounds ($22.67 million) for breaking dividend payment rules, the first time the watchdog is …

reuters.com

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Oxfordshire Protest At Court Over Thames Water £3bn Bailout

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Dec 25, 2024  · The average annual bill will rise to £588 by 2030 - £152 more than current levels of £436 a year. ... The regulator also handed Thames Water an £18.2 million fine for paying …

oxfordmail.co.uk

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Thames Water Faces Backlash For Allegedly Using Environmental

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Ofwat fine. This comes in the wake of a report by The Guardian following Ofwat’s decision to impose a fine of £18 million on Thames in December for breaching new rules regarding …

msn.com

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Thames Water Slapped With £18m Fine By Ofwat For Dishing Out

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Thames Water customers to see bill hikes Under plans revealed by Ofwat on Thursday, the average annual Thames Water bill will rise to £588 by 2030, £152 more than current levels of …

msn.com

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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 …

pressreader.com

FAQs about Thames Water fined £18m over dividends but granted 35% bills … Coupon?

Did Thames Water pay 'unjustified' dividends?

Thames Water has been fined £18.2m for paying ‘unjustified’ dividends to shareholders Credit: REUTERS/Mina Kim Ofwat said the 36pc increase in water bills over the next five years was lower than the 44pc increase requested by water companies earlier this year. ...

Why was Thames Water fined £182 million?

Thames water has been fined by Ofwat. Credit: PA Thames Water has been fined £18.2 million by regulator, Ofwat, over 'unjustified' dividend payments to shareholders. Ofwat said the fine was for paying £158.3 million in dividends to shareholders in October 2023 and March 2024, which Ofwat says breached condition P30 of its licence. ...

Will Thames Water hike consumer bills by 35%?

Thames Water is to be allowed to hike consumer bills by 35%, as the regulator also handed it an £18.2 million fine for paying “unjustified” dividends to shareholders. The ruling falls well short of the 59% Thames Water had said it needed in the run-up to the decision, as the embattled water company tries to negotiate a bailout. ...

How much will Thames Water bills rise over the next 5 years?

Thames Water bills will rise by more than a third to an average of £588 over the next five years despite its dismal record on pollution and leaks. Water regulator Ofwat said the UK’s biggest water supplier will be allowed to hike it bills by £152, or 35%, by 2030 from £436 currently. ...

How much will Thames Water pay next year?

The supplier said it will tell customers how much more they will pay next year by early February, but left the door open to a possible appeal against the regulator’s decision. Thames Water had requested a 53pc increase in bills from £436 a year to £667 by 2030 but Ofwat has granted it a 35pc rise to £588 over the next five years. ...

What happened to Thames Water's dividend payments in October 2023 & March 2024?

The regulator has provisionally identified two dividend payments in October 2023 and March 2024 that led Thames Water to breach its new obligations, which came into effect in May 2023. The regulator stated: "In October 2023, Thames Water made interim dividend payments totalling £37.5m to its holding company, Thames Water Utilities Holdings Limited. ...

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