The Guardian revealed on Wednesday that Thames would be penalised over two dividend payments, made in 2023 and 2024, and would be allowed to increase bills by just over a third. Ofwat, the industry watchdog, confirmed the penalty and bills rise yesterday.
It is the first time the regulator has used its new powers to take action against companies that pay dividends regardless of their performance.
Diese Geschichte stammt aus der December 20, 2024-Ausgabe von The Guardian.
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Diese Geschichte stammt aus der December 20, 2024-Ausgabe von The Guardian.
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The Sphinx's plot Will new Royal Mail owner sell off valuable properties?
Will new Royal Mail owner sell off valuable properties?
Political football
Sport has shown me success is not about quick wins but collective effort
Usyk retains his class in and out of ring in beating Fury
Boxing is full of unsavoury people but it also produces extraordinary men such as the heavyweight champion
Time for the cackling disrupter to make his exit but there is no shame in losing to a true great
In the end everyone runs out of road. It was probably necessary for Tyson Fury to say he was robbed in the Kingdom Arena on Saturday night.
Theory of nothing earns Saints and Rusk worthy draw
It turns out it wasn't so hard after all. Southampton stopped giving the ball away in their own half, adopted an approach rooted in expediency and kept their second clean sheet of the campaign.
Semenyo shatters United to leave Amorim facing squall
After mid-morning wind and rain that might have caused Noah a problem, the skies cleared and Bournemouth took apart a Manchester United team as amateurish as any of the iterations of the past decade or so.
Burke helps Saracens show title ambitions
It was a cold, bleak midwinter afternoon in north London but the race to be crowned as England's top club side in 2025 is hotting up.
Pereira's Wolves reign gets off to flying start
It took less than 45 minutes of Vítor Pereira's Wolves tenure for the fans to sing his name as he witnessed his new side thrash Leicester.
Díaz and Salah double up in leaders' statement win
Liverpool stretched their lead at the top of the Premier League to four points, having played one game fewer than second-placed Chelsea, with the latest illustration of their remorseless cut and thrust under Arne Slot.
Slot issues title warning Liverpool scolded for easing off while shredding Spurs
Arne Slot urged his players to keep their foot on the accelerator after Liverpool extended their lead at the top of the Premier League to four points with a wild 6-3 victory against Tottenham.
