Summary
UNITED Utilities has been hit with an pounds 8.5m fine after the water regulator found the firm broke trading rules. Ofwat issued the penalty - the first of its kind - after the North-West-based utility failed to test market prices for services it provided from subsidiary companies.
Of wat chief executive Regina Finn said: "This fine of pounds 8.5m sends a strong message to United Utilities Water and the rest of the water industry that they must comply with their licence conditions."See the full content of this document
Extract
Water Firm Fined
Ofwat, which...
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