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Finance

UK regulator imposes $117 million penalty against Anglian Water, South West Water

Published by Global Banking and Finance Review

Posted on September 9, 2025

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(Reuters) -British regulator Ofwat on Tuesday confirmed an 86-million-pound ($116.76 million) penalty against Anglian Water and South West Water over the companies' failure to maintain their sewage works and networks.

Anglian Water and its shareholders will fund a total enforcement package of 62.8 million pounds, and South West Water will fund an enforcement package of 24 million pounds, Ofwat said.

($1 = 0.7365 pounds)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Mrigank Dhaniwala)