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Thames Water hit with fine of almost £123m by UK regulator
By Frank Prenesti
Date: Wednesday 28 May 2025
(Sharecast News) - Troubled UK utility Thames Water has been slapped with a record fine of almost £123m by industry regulator Ofwat over environmental breaches and dividend payments.
The watchdog ordered Thames Water to pay £104.5m for breaking rules on wastewater operations - the largest penalty Ofwat has ever issued.
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