Buzz & Beyond: Thames water
Published: Feb, 12 2025 08:41
Ofwat’s enforcement case into whether company breached obligations follows Guardian investigation. Thames Water is being investigated by the water regulator for England and Wales, Ofwat, after it delayed environmental improvement schemes. The investigation comes after the Guardian revealed that the UK’s largest water company intentionally diverted millions of pounds pledged for environmental clean-ups towards other costs, including bonuses and dividends.