Written Question·Department for Environment, Food and Rural Affairs·UIN 109451

Thames Water: Credit Rating

Tabled: 28 January 2026
Answered: 4 February 2026

Question

Charlie Maynard

Liberal DemocratWitney

To ask the Secretary of State for Environment, Food and Rural Affairs, whether she has had recent discussions with (a) Ofwat and (b) Thames Water on the potential merits of issuing penalties to Thames Water for alleged breaches of its license agreement in

Answer

Emma Hardy
The enforcement of licence conditions is a matter for Ofwat as the independent economic regulator. To remedy its licence breach in losing its investment grade credit ratings in 2024, Ofwat has confirmed it accepted an enforcement undertaking from Thames W...

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