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Thames Water may never pay £104m fine as Ofwat leaves door open for talks (inews.co.uk)

submitted 3 months ago by GreyShuck@feddit.uk to c/nature@feddit.uk

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Thames Water may avoid paying a £104m fine for historic sewage spills as the regulator Ofwat is leaving the door open to negotiation with the firm, i understands.

Ofwat has handed out fines totalling £168m to three English water companies as part of its ongoing investigation into persistent sewage dumping and environmental pollution.

Thames Water has been handed out the largest fine (£104m), followed by Yorkshire Water (£47m) and Northumbrian Water (£17m).

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[–] Streamwave@feddit.uk 2 points 3 months ago (1 children)

Well sure, but then is the British government on the hook for the debt that the investors are going to be calling in?

[–] Zombie@feddit.uk 2 points 3 months ago

No.