Ofwat considers waiving Thames Water fines until 2030
Ofwat is reportedly considering a deal to waive new fines for Thames Water until 2030. The move aims to support the utility provider's financial recovery.
Xurve View
Xurve View
Thames Water is reportedly nearing a significant agreement with the industry regulator, Ofwat, which would allow the largest water supplier in the United Kingdom to avoid new financial penalties through 2030. The potential deal, first reported by the Financial Times on Thursday, aims to provide the utility company with a period of regulatory stability.
