Thames Water, the UK's biggest water provider, has been hit by a record fine by regulator Ofwat. The company has been fined £122.7m following Ofwat's "biggest and most complex" investigation.

Cybersecurity solutions that are too complex or obstructive may be bypassed by users, weakening the very defenses they aim to ...

The water regulator Ofwat wants to attract £50bn of investments ... That means third parties would design, build, finance and potentially operate this new infrastructure, and the costs would ...

Tendering processes will be competitive as outlined in our investor brochure from the day, and published on Ofwat’s website. Our market event held on April 9 was one of the first that we hope to ...

Ofwat is courting investors with plans to guarantee risk and minimise competition as it looks for more than £50bn to upgrade the water sector’s second-rate infrastructure. Private investors ...

Ofwat is providing £42.7m for 16 innovative water sector projects using drones, satellites, and AI to improve water quality and leak detection. The 16 winners will provide up to 10 per cent funding ...

Thames Water has been fined £122.7m - the largest penalty Ofwat has ever issued - after two investigations into wastewater and dividend payments. After the regulator said it “failed to protect ...

Regulator Ofwat has been able to stop firms using customer money to fund bonuses, but the new rules mean they could not use funds from shareholders or lenders either. However, in a statement ...

Thames Water faces penalties to the tune of £122.7m following the conclusion of two investigations by Ofwat – and the regulator said it will be the company and its investors, not customers, that foot ...

The UK’s largest water company has been handed a record-breaking fine of over £120 million following two investigations by the regulator. The £122.7 million fine is the largest ever by Ofwat ...

The water services regulation authority, Ofwat, found that it was in breach of rules, saying it “failed to protect the environment”. Breaches relating to wastewater operations have resulted in ...