Thames Water counts the cost of non-compliance
- From: Vol 8, Issue 10 (October 2007)
- Category: General
- Region: Europe
- Country:
- Related Companies: Southern Water and Thames Water
Just as Thames Water’s relations with Ofwat seemed to be improving, a new set of fines has resulted in a fresh stand-off.
Thames Water is set to antagonize industry regulator Ofwat further by challenging a proposed £12.5 million fine, which is being imposed for failing to meet prescribed standards of customer service during 2005-2006.
Ofwat announced the penalty at the end of September, and has asked interested parties to comment by 29 October. However, Thames’ chief executive David Owens immediately made ...
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