Ofwat could cut sewage fines for financially struggling water firms, say reports
Regulator reportedly intending to draw up ‘recovery regime’ for Thames Water and others in similar positionsUK politics live – latest updatesOfwat, the water regulator for England and Wales, is understood to be considering cutting fines for sewage-dumping water companies if they are facing financial pressures.According to the Financial Times, which first reported the plan, the regulator intends to draw up a “recovery regime” for Thames Water, which is facing collapse or restructuring owing to its high debts, and others that find themselves in similar positions. Continue reading...
Regulator reportedly intending to draw up ‘recovery regime’ for Thames Water and others in similar positions
Ofwat, the water regulator for England and Wales, is understood to be considering cutting fines for sewage-dumping water companies if they are facing financial pressures.
According to the Financial Times, which first reported the plan, the regulator intends to draw up a “recovery regime” for Thames Water, which is facing collapse or restructuring owing to its high debts, and others that find themselves in similar positions. Continue reading...
usnews
US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.
