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Zip2@feddit.uk to United Kingdom@feddit.ukEnglish · 8 days ago

Thames Water fined £122.7m in biggest ever penalty

www.bbc.co.uk

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Thames Water fined £122.7m in biggest ever penalty

www.bbc.co.uk

Zip2@feddit.uk to United Kingdom@feddit.ukEnglish · 8 days ago
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Thames Water must pay a £104.5m penalty for sewage breaches and £18.2m relating to shareholder dividends.
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    8 days ago

    So they recoup the fine from customers and carry on as before?

    Fuck, just nationalise it already.

    • Officer_Pickles@lemmy.world
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      7 days ago

      They can’t increase prices to pay off the fine.

    • cook_pass_babtridge@feddit.uk
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      7 days ago

      They’re not allowed to raise prices, so they’ll just get in more debt and we’ll have to bail them out again, giving a bunch more UK taxpayer money to US hedge funds.

    • TheGrandNagus@lemmy.world
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      7 days ago

      They aren’t allowed to raise their prices.

    • jonne@infosec.pub
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      8 days ago

      They’ll nationalise it and make the government pay the fine to itself.

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