Despite declining profits, United Utilities, a leading water supplier known for its high pollution levels, announced a substantial £110 million dividend for its shareholders.
Despite declining profits, United Utilities, a leading water supplier known for its high pollution levels, announced a substantial £110 million dividend for its shareholders.
The ‘super deduction’ scheme introduced by Rishi Sunak during his tenure as chancellor post-Covid enabled the water industry to secure £97 million in tax rebates.
Northumbrian Water granted its CEO a 65% bonus hike, even as it landed on Ofwat’s list of the bottom six water firms.
Six major UK water providers are under legal scrutiny due to allegations of not fully disclosing sewage releases into natural water bodies, which might result in substantial compensation demands.