03 Jul 2024

Last week, The Guardian reported that “hours before its shareholders U-turned on plans to pump emergency funding” the Thames Water board had approved the payment of a £150 million dividend to intermediate parent company Kemble Water Eurobond. On Tuesday this week, the matter was discussed on the Today programme, with Ofwat denying it had agreed […]

26 Jul 2018

Defra ‘United Utilities shareholders set to receive £181m  The Mail on Sunday has reported on water company United Utilities’ plans to pay out £181 million dividends to its shareholders days before a hosepipe ban takes effect across North West England. Coverage focusses on the reported failure of water companies to invest in infrastructure with the equivalent […]