Thames Water (Public Benefit Corporation) Bill
A Bill to establish a new model of company structure for Thames Water, to be called a public benefit corporation; to require that public benefit corporation to consider public policy benefits, including reducing leaks and sewage dumping, as well as returns for shareholders; to limit the payment of dividends until a plan is in place to cut the corporation’s debt; and to require membership of the corporation’s board to include representatives of local environment groups.
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