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The water company is already under investigation for a smaller £37.5 million dividend payment in October 2023, under new Ofwat rules. Thames Water confirms £158m dividend in March amid scramble ...
During these 11 years £2.8 billion was paid to shareholders; 40% of the total £7 billion in dividends paid by Thames Water in the 32 years from 1990 to 2022. [10] Thames Water was a Tier Three sponsor of the 2012 Summer Olympics in London. [11]
Thames Water saw a 40% increase in pollution incidents in the first half as its debts continued to spiral. ... high dividends, and executive pay and bonuses at the UK’s privatised water firms.
Thames Water has been at the centre of growing public outrage over the extent of pollution, rising bills, high dividends, and executive pay and bonuses at the UK’s privatised water firms, and Mr ...
A total of £6,000,534 was paid to the shareholders and directors in compensation, which was paid in "water stock", paying a 3% annual dividend. [1]: 186 Through municipalization the New River Company became a direct ancestor of the current Thames Water company, the main water supplier to London today.
A water supplier to more than 450,000 businesses and public sector groups has reportedly emerged as one of the leading contenders to rescue stricken Thames Water ahead of this week’s deadline ...
Critics have argued the water industry has historically neglected investment in favour of paying executive bonuses and shareholder dividends. But on Tuesday, Mr Weston defended bosses getting £ ...
In 1989 the Thames Water Authority was partly privatised, under the provisions of the Water Act 1989 [3] with the water and sewage responsibilities transferring to the newly established publicly quoted company of Thames Water, and the regulatory, land drainage and navigation responsibilities transferring to the newly created National Rivers Authority which later became the Environment Agency.