#dividend-penalty

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fromBusiness Matters
1 week ago

Thames Water hit with record 123 million fine by Ofwat after investigations uncover failures and illegal dividends

Our investigation has uncovered a series of failures by the company to build, maintain and operate adequate infrastructure to meet its obligations. The company also failed to come up with an acceptable redress package that would have benefited the environment, so we have imposed a significant financial penalty.
London politics
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