BGN Entrepreneur

AN austere regulatory settlement could force the country’s largest water utility to tap shareholders for up to £1bn. Thames Water could raise the money by suspending its dividend for the full five years of the Ofwat’s upcoming price review, industry sources said.
The payout last year was £222m. Alternative would involve a round of job cuts [...]

Britain’s biggest water company—Thames Water, is rewarding thousands of its employees with bonuses of at least £600 while warning customers that they face inflationbusting price rises.
The news of rewarding staff bonus came on the back of a surge in profits at the group, with the figure up by 4% to £435.1 million. Thames Water has [...]