James O’Brien reacts to Thames Water’s record-breaking fine | LBC
Thames Water has been handed a record-breaking £122.7 million fine by water regulator Ofwat after it “let down its customers and failed to protect the environment”.
The fine follows a string of failures linked to the company, including the discharge of raw sewage.
On Wednesday, the water company and shareholders were ordered to pay £104.5million penalty for breaches of rules relating to its wastewater operations. The firm will also have to pay an additional penalty of £18.2m for breaches of rules relating to dividend payments.
James O’Brien asks how and why ‘something intrinsic to our very existence has been treated as a cash cow to be mercilessly milked by people with names we don’t know.’
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Credit to : LBC
