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Articles for Ofwat, search results for payouts

Thames Water slapped with £18m fine by Ofwat for dishing out 'unjustified' dividends
4 days, 14 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
Water firms blocked from using customer cash for ‘undeserved’ £6.8m boss bonuses
1 month ago

Water firms blocked from using customer cash for ‘undeserved’ £6.8m boss bonuses

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 Nine water companies, including stricken …

Performance Water Companies Pay Boss Customer Bonuses
United Utilities raises shareholder payout despite Windermere pollution
1 month, 1 week ago

United Utilities raises shareholder payout despite Windermere pollution

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 United Utilities has hiked dividend …

Windermere United Utilities Ofwat Water Company Utilities Raises
Thames Water under threat of nationalisation as shareholders refuse to inject £500m lifeline
8 months, 3 weeks ago

Thames Water under threat of nationalisation as shareholders refuse to inject £500m lifeline

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Thames Water’s sewage treatment works have come under scrutiny The …

Water Shareholders Regulatory Funding Company Plan Reuters
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
Water bills will rise by 35pc in biggest hike ever to fix sewage crisis
1 year, 2 months ago

Water bills will rise by 35pc in biggest hike ever to fix sewage crisis

The Telegraph  

Household water bills will rise more than £150 a year as the industry brings in major new investment to fix the sewage crisis. “Water companies are seeking regulatory approval to reduce overflow spills into rivers and seas as fast as possible and to doubling the number of households receiving support to pay their bills. Approving the plans is necessary so …

Industry Water Investment Companies Pay Plans Bill