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Thames Water faces £12m fine

Home  Sep, 2007

Thames Water faces £12m fine - Thames Water could be fined £12½m for reporting customer service failings under proposals announced by water services watchdog Ofwat today Rock faces storm after £40m divi payout - Northern Rock paid dividends preference shareholders just days before cancelling payments ordinary shareholders, was revealed today



Thames Water faces £12m fine  [09/29/2007 01:17 PM]
Thames Water could be fined £12½m for reporting and customer service failings under proposals announced by water services watchdog Ofwat today
Rock faces storm after £40m divi payout  [09/29/2007 01:17 PM]
Northern Rock paid dividends to preference shareholders just days before cancelling payments to ordinary shareholders, it was revealed today
Market report: Friday close  [09/29/2007 01:17 PM]
17:00:A ripple of excitement went through the Square Mile today on talk that reinsuranxce broker Benfield has received a bid approach from Goldman Sachs
Tate & Lyle crashes 30% on profit fears  [09/29/2007 01:17 PM]
The City gave sugars group Tate & Lyle a caning today after the group came out with its fourth profits alert in nine months
Bank 'may have to cut interest rates'  [09/29/2007 01:17 PM]
The Bank of England may need to cut interest rates to shore up flagging economic growth in the face of a housing slowdown and turmoil in the markets
Rock bail-out loan balloons to £7.75bn  [09/29/2007 01:17 PM]
Northern Rock's emergency loan from the Bank of England has ballooned to an eyewatering £7.75bn
New fuel duty sends diesel up to £1 a litre  [09/29/2007 01:17 PM]
Motorists with diesel cars face paying £1 a litre at the pumps for the first time on Monday, a motoring organisation warned todayto send diesel up to £1 a litre
Tesco's British lamb that isn't  [09/29/2007 01:17 PM]
Tesco is to change the labelling on its 'British slow-cooked lamb shanks' after a customer spotted the meat was from New Zealand
Millions must pay more into their pensions  [09/29/2007 01:17 PM]
Contribution levels to most pension schemes are too low to provide a decent income during retirement, workers were warned today
House prices shrug off the credit crunch  [09/29/2007 01:17 PM]
Property prices are rising at their fastest in three months as the market shrugs off the global credit crunch and higher rates
US house sales take a 21% dive  [09/29/2007 01:17 PM]
Sales of US homes plunged in August, raising concerns for prospects for the British property market
Fewer mortgages approved in August  [09/29/2007 01:17 PM]
Mortgage approvals for UK home purchase fell 14.2% in August compared with a year ago, indicating that housing demand was weakening even before the financial problems in September
Firms run a £4bn 'protection racket'  [09/29/2007 01:17 PM]
Shops, banks and finance companies are running a multi-billion pound loans 'protection racket' by deceiving customers, a City watchdog said yesterday
Jittery banks shun £10bn bailout cash  [09/29/2007 01:17 PM]
The Bank of England has warned the credit squeeze is to get worse, yet today's unprecedented auction of £10bn for banks found absolutely no takers
Lloyd's hopes to dodge hurriances  [09/29/2007 01:17 PM]
Members of Lloyd's of London will be crossing their fingers that they come through hurricane season unscathed
GMTV fined £2m for viewer phone-in scam  [09/29/2007 01:17 PM]
GMTV was fined £2 million today, the largest penalty imposed against a broadcaster, for duping biewers into paying to enter a competition they could not win
Industry chief blasts Bank over crisis  [09/29/2007 01:17 PM]
The run on the Northern Rock has made Britain look like a 'banana republic', the boss of the Confederation of British Industry said last night
Homebuyers 'told to lie about salary'  [09/29/2007 01:17 PM]
More evidence has emerged that unscrupulous brokers are encouraging homebuyers to lie with some borrowers getting mortgages up to eight times salary
Mortgage availability 'unchanged by credit crisis'  [09/29/2007 01:17 PM]
Mortgage lenders said today that the availability of home loans for consumers should not be affected by the current turmoil in global credit markets
Nationwide admits Isa backlog persists  [09/29/2007 01:17 PM]
Nationwide has admitted experiencing continued delays with Isa transfers even though it had promised the problem was solved
High court shuts down boiler rooms  [09/29/2007 01:17 PM]
Two UK firms that were pushing unsuspecting investors into the hands of boiler rooms in Gibralter have been shut down by the industry watchdog
House price cracks are showing  [09/29/2007 01:17 PM]
Don't seize upon the surprise rise in September house prices as proof that the consumer has shrugged off the credit crisis
30 second guide to... Lloyd's of London  [09/29/2007 01:17 PM]
The Daily Mail City team delves into the past of Lloyd's of London