Thames Water faces £74m penalty in Ofwat crackdown
England's water regulator Ofwat imposes £88 million in penalties on Thames Water and other suppliers for missed targets, as the sector faces mounting debt and environmental challenges.
England's water regulator Ofwat imposes £88 million in penalties on Thames Water and other suppliers for missed targets, as the sector faces mounting debt and environmental challenges.
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England's largest water company, Thames Water, is under scrutiny as regulator Ofwat rejects business plans and demands massive investment in infrastructure while keeping bills affordable for customers.
Exclusive investigation reveals Thames Water, Severn Trent and other key suppliers are drowning in debt while planning massive bill increases up to 91%, raising fears of nationalisation.
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Millions of British households face significant water bill increases after the Competition and Markets Authority approved proposals from major suppliers, sparking consumer concern.
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Major UK water suppliers including Southern Water and Anglian Water are under investigation by the Competition and Markets Authority for potentially overcharging customers by hundreds of millions.
Millions of British households face significant increases in their water bills after regulator Ofwat approved substantial price rises for water companies across England and Wales.
Regulator Ofwat proposes cutting water company profits by £70 per household, targeting underperforming firms like Southern Water and Thames Water in major industry shake-up.
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Exclusive investigation reveals five major water companies including Thames Water and Anglian Water face potential special measures after repeated environmental breaches. Discover which suppliers are failing customers and the environment.