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Thames Water agrees payment plan for £123m sewage and dividend fines

Ofwat gives struggling firm, which is trying to secure funding to avoid nationalisation, breathing spaceThames Water has agreed a payment plan with the water regulator for fines it owes worth £123m, as it races to secure funding to avoid temporary nationalisation.The water company, which serves 16 million customers across London and the south-east, is currently trying to pull together a deal to avoid collapse. Continue reading...

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