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Thames Water: Please don't fine us, company asks regulator

Source: BBC

Thames Water's survival as a private company depends on the industry regulator Ofwat being lenient over fines and penalties, its boss Chris Weston has said.Speaking to MPs, Mr Weston said the firm would not get new investment if money leaked out of the business, leading to some form of nationalisation.Thames Water would struggle and fail to hit performance targets on pollution while it tried to turn the company…

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Read the original source at BBC