www.theguardian.com1 month agoLondonThames Water break-up is a promising idea | Nils PratleyThames Water's financial troubles may lead to the current shareholders being wiped out through a debt-for-equity swap. [ more ]
www.theguardian.com5 months agoUK politicsLabour to urge MPs to ban bonuses for water firm bosses over sewage dumpingLabour aims to force Conservative MPs to vote on whether Ofwat should have the power to ban water bosses' bonuses until they clean up waterways. Labour unveiled plans to block bonuses of those who run companies that pump out large levels of sewage if it wins the next election. [ more ]
www.independent.co.uk5 months agoUK newsOfwat demands answers from Thames Water over dividend paymentOfwat is investigating Thames Water's payment of a £37.5m dividend to its parent company. Thames Water claims the dividend was used to pay its debts and not given to external shareholders. [ more ]