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Thames Water hit with £123m fine by watchdog
The Independent
|May 29, 2025
Thames Water has been fined 122.7m the largest penalty watchdog Ofwat has ever issued after two investigations into wastewater and dividend payments.
After the regulator said it “failed to protect the environment”, the water giant will pay £104.5m for breaches of rules relating to its wastewater operations, Ofwat confirmed yesterday Thames Water will also pay £18.2m for breaking rules related to dividend payments, the first-ever dividend-related fine, the watchdog added. The penalties follow what Ofwat called its biggest and most complex investigation of wastewater operation, management and maintenance of sewage treatment works and sewerage networks across the sector.
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