UK water regulator Ofwat has fined Thames Water £104m (€124m) for its part in illegal sewage discharges into rivers and sea. The UK’s biggest water company was one of three water companies to be fined and, already deeply in debt, Thames Water was told to pay back a total of £56.8m (€67.75m) back to its customers. “While our performance penalty value is among the highest in the sector, this reflects that Thames Water has three to four times more customers than other water companies, so our penalty rates are set proportionally higher,” said a spokesperson told Euronews Business, adding that the …