Thames Water hit with record fine over sewage breaches
by Kalyeena Makortoff and Helena Horton from on (#6XJZ3)
As Ofwat imposes two fines totalling 123m, environment secretary says era of profiting from failure is over'
Thames Water has been hit with a record 104m fine over environmental breaches involving sewage spills, after failing to operate and manage its treatment works and wastewater networks effectively.
The water regulator Ofwat confirmed on Wednesday that it was issuing the debt-laden utility with 123m of penalties that would be paid by the company and its investors, and not by customers".
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