when he blamed the customers for wanting cheap water and demanded that bills were raised by “up to” 50% each year for 7 years to pay for the upgrades and resumption of dividends.
Private water companies paid £1.4bn in dividends in 2022, up from £540m in 2021. Ofwat said in December that it was concerned about the financial resilience of Thames Water, as well as raising similar concerns about Yorkshire Water, SES Water and Portsmouth Water. Reports about ...
has attracted much opprobrium for its ownership of Thames Water between 2006 and 2017, when it added billions of pounds in debt and extracted billions more in dividends. The Australian investment bank, famously known as the “millionaires’ factory,” may have been opportunistic in its financial ...
Despite its problems, Thames Water still aims to pay £2bn in dividends over the next decade water Subscribe Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox. Subscribe By signing up to our newsletters you agree to the Terms and Conditions...
The [Pounds Sterling]500m That Did NOT Go Down the Drain ( - and Should Have Done ); MASSIVE THAMES WATER DIVIDENDS SIPHONED OFF BY GERMAN OWNERS
Recommendation Price Waterhouse Cooper ... WHT on dividends Dividends from Dutch resident corporations are generally subject to a 15% Dutch dividend WHT. In general, this does not apply to the Dutch cooperative (i.e. 'co-op') in a business-driven structure, a widely used vehicle for holding...