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Outcome of Ofwat's enforcement against Thames Water by end of 2024?
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Resolution / Starting Odds
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Official announcements from Ofwat or regulatory filings
Story
Thames Water Faces £40 Million Ofwat Fine Over Dividend Payment
Jun 1, 2024, 10:47 AM
Thames Water is facing a fine of more than £40 million imposed by Ofwat. The penalty is related to the payment of a shareholder dividend despite the company's poor performance. This action has been widely reported by Sky, highlighting the regulatory body's enforcement of rules on dividend payments.
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