The Latest Breaking News from Thames Water

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November

Here are the top stories to round out the working week.

Burst water main near Victoria Station forces closure on major central London road during rush hour

For the first time, anyone in England can now access real-time information of where combined sewer overflows (CSOs) are discharging untreated wastewater into our waterways. This week, all water companies published details of how anyone can access the status of thousands of “event duration monitors”, devices that are placed on…

Thames Water is among nine firms that must ensure owners and shareholders pick up the tab for £6.8 million of executive bonuses.

Eight other water firms won’t be using customers’ funds to pay bonuses

Watchdog stops nine from from funding bonuses through customers – but bosses will still get their cash from shareholders

Ofwat said its new powers had been applied to bonuses worth £6.8 million, or 73% of the overall total, across the water sector.

Southern’s latest downgrade by Fitch follows a similar move by ratings agency Moody’s earlier in November.