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Ofwat hits ailing Thames Water with £40m fine over dividend payment Read more 🔗 https://t.co/MkdWv9BFR6
THAMES WATER FACES £40M OFWAT FINE OVER DIVIDEND PAYMENT: SKY
Thames Water faces a fine of more than £40 million for breaching rules on dividend payments, Sky reported https://t.co/imF5QASR3l




Thames Water is facing a fine of more than £40 million imposed by Ofwat. The penalty is related to the payment of a shareholder dividend despite the company's poor performance. This action has been widely reported by Sky, highlighting the regulatory body's enforcement of rules on dividend payments.