Thames Water to pay back £65m to customers as part of penalty package

Ofwat finds company’s board did not have ‘sufficient oversight and control’ over fixing leaks

Thames Water is to pay back £65m to customers as part of a £120m package of penalties after being castigated by the regulator for its failure to tackle leaks.

An Ofwat investigation found the company’s board did not have “sufficient oversight and control” of its leakage performance.

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