#ofwat

#ofwat

Ofwat's new regulations prevent customers from funding executive bonuses not linked to company performance.

Thames Water faces potential bankruptcy without regulatory approval to increase prices above agreed limits.

The company seeks emergency funding and equity investments to avert financial collapse.

Thames Water is under investigation for failing to complete essential environmental schemes, which may breach its operating license.

Thames Water is under investigation for failing to complete over 100 environmental schemes due to financial challenges.

Regulator Ofwat insists that Thames Water's executive bonuses should not be funded by customers amidst the company's financial struggles.

Thames Water restored supply to most homes in south London affected by a burst pipe.

Ofwat allows Thames Water to raise bills by 33% to support its financial recovery amidst significant debt and regulatory scrutiny.

Households will see an average water bill increase of 86 or 20% this year to fund a major sector upgrade.

Major water bill increases in England and Wales are set to finance a £104 billion upgrade, raising concerns about affordability amid inflation.

Average water bills will rise by £86 in England and Wales to fund infrastructure upgrades and reduce sewage discharges.

Water bills in England and Wales will rise significantly to fund water sector upgrades.

Households will face an average hike of 20 percent in the coming year.

Water bills in England and Wales will average a £19 annual increase, totaling £94 by 2030, due to an £88 billion investment plan.

Water bills in England and Wales will increase by an average of £31 annually, funding a £104 billion upgrade for environmental and service improvements.