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The Independent UK
The Independent UK
Tara Cobham

Thames Water hit with record £123m fine from watchdog

Thames Water has been fined £122.7m - the largest penalty Ofwat has ever issued - after two investigations into wastewater and dividend payments.

After the regulator said it “failed to protect the environment”, the water giant will pay £104.5m for breaches of rules relating to its wastewater operations, Ofwat confirmed on Wednesday.

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