UK regulator says Thames Water commits to remedies after licence breach


(Reuters) – Britain’s water regulator on Friday confirmed the implementation of commitments from struggling Thames Water to address its license violation after the loss of its
(Reuters) – Britain’s water regulator on Friday confirmed the implementation of commitments from struggling Thames Water to address its license violation after the loss of its investment grade credit ratings.
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio D’Souza)
A license violation occurs when a company does not adhere to the terms and conditions set by a regulatory authority governing its operations, potentially leading to penalties or loss of operational rights.
A regulator is an official body responsible for overseeing and enforcing laws and regulations within a specific industry, ensuring compliance and protecting public interest.
Explore more articles in the Top Stories category











