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Articles for Ofwat, search results for dividends

Thames Water slapped with £18m fine by Ofwat for dishing out 'unjustified' dividends
4 days, 20 hours ago

Thames Water slapped with £18m fine by Ofwat for dishing out 'unjustified' dividends

Daily Mail  

Thames Water has been handed an £18.2million fine after regulator Ofwat used powers to crack down on firms paying 'unjustified' dividends for the first time. The regulator said Thames Water made interim dividend payouts totalling £37.5million to its holding company, Thames Water Utilities Holdings Limited, in October last year and further payouts of about £158.3million in March 2024. The ruling …

Company Thames Water Thames Ofwat Water Slapped
Brits get soaked again! Check how much YOUR water bill is going up by after watchdog signs off massive hikes... with some places facing 53% rise PLUS inflation
4 days, 22 hours ago

Brits get soaked again! Check how much YOUR water bill is going up by after watchdog signs off massive hikes... with some places facing 53% rise PLUS inflation

Daily Mail  

Water bosses were today given the green light for huge bill hikes averaging 36 per cent over the next five years. Southern Water customers are being hit hardest with bills going up 53 per cent over the period - and inflation projected to add another 10 per cent. The water firms provide supplies to England and Wales The proposed bill …

England Wales Water Investment Companies Cent Bills
Southern Water rows back on plans to pay out £275m in dividends
2 months, 2 weeks ago

Southern Water rows back on plans to pay out £275m in dividends

The Telegraph  

Southern Water no longer plans to hand out £275m in dividends after claiming the payments are not “appropriate”. The reversal comes after Southern Water’s initial business plan, which is still available on its website, listed annual dividend payments between 2025 and 2030. “This is in addition to the £1.6bn already injected by shareholders since 2021 – more than any dividends …

Water Plan Southern Southern Water Ofwat Dividends
New regulations as Labour tries to answer public anger over water companies
5 months ago

New regulations as Labour tries to answer public anger over water companies

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government is bringing in …

England Companies Rivers Water Quality Bill Measures Water Companies
Thames Water dividend payouts in spotlight after shareholders pull funding
8 months, 3 weeks ago

Thames Water dividend payouts in spotlight after shareholders pull funding

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s largest water company …

Water Dividend Million Thames Water Thames Ofwat
Thames Water asked to explain how dividend payment does not break Ofwat rules
1 year ago

Thames Water asked to explain how dividend payment does not break Ofwat rules

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ofwat has asked Thames Water …

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