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Evening Standard
Evening Standard
Business
Daniel O'Boyle

INSANE: Water companies ordered to stop dividends if services don t improve - The Real Truth

Water and sewerage regulator Ofwat will stop water companies from paying dividends if the watchdog believes they are not delivering results for customers and the environment.

The new rules come after water companies faced criticism for paying high dividends to shareholders rather than reinvesting profits into infrastructure improvements.

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