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Evening Standard
Evening Standard
Business
Jonathan Prynn

New blow for Thames Water as watch-dog threatens huge fines over environmental failings

Thames Water has more than £16 billion of debt (Andrew Matthews/PA) - (PA Wire)

Embattled Thames Water was hit by a fresh blow today after it was told by its regulator it faces the threat of multi-million pound fines after it had failed to complete more than 100 environmental protection projects.

Ofwat said it is opening an investigation into whether London’s water supplier is in breach of its legal obligations through the “delayed delivery of environmental improvement schemes” that customers have already paid for through their bills.

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