The UK's biggest water company paid no corporation tax and received £5 million credit from the Treasury during a year in which revenues hit £1.8 billion. Thames Water made £549 million in underlying pre-tax profits as it raised bills by 6.7%.
The UK's biggest water company has admitted it paid no corporation tax for the last three years.
Thames Water, who saw revenues of nearly £2 billion and above inflation price rises, said they were not performing a "tax dodge" but were following the government's rules.
ITV News Business Editor Laura Kuenssberg, has been hearing how they do it.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.