Yorkshire Water Services's licence modified by Ofwat
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Yorkshire Water Services's licence was modified yesterday by the director general of Ofwat, in a move which is equivalent to a pounds 40m "fine." The changes are in response to Ofwat's investigations into the performance of Yorkshire Water and its subsidiary, Yorkshire Water Services, which found "serious failures by the company in controlling leakage, minimising supply interruptions and controlling flooding from sewers," according to Ofwat.
For the year beginning 1 April 1997 the company will be limited to price rises in line with inflation. Ofwat has also placed restrictions on its dividend policy and new requirements on service standards. Yorkshire Water has also agreed to appoint two non-executive directors "with relevant experience and understanding of customers' interests".
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments