💨 Abstract

Thames Water faces a record £122.7 million fine from Ofwat for environmental failures and dividend breaches. The company was criticized for routinely releasing untreated sewage and making high dividend payments. Ofwat's boss David Black highlighted significant infrastructure failures. Thames is trying to restructure its finances amid a £19 billion debt. Meanwhile, Nationwide Building Society reports increased branch usage, Pets At Home sees a 16.6%

Courtesy: Ashley Armstrong