Yorkshire Water to sell business retail arm
Yorkshire Water has confirmed it will sell off its business retail arm, putting at risk around 100 jobs at its Bradford and Barnsley sites.
According to reports in the local media, a spokesman for the company said: “Yorkshire Water Business Services and Three Sixty can confirm they have notified staff of the Kelda Group’s intention to exit the non-household retail market and sell its non-household retail businesses.
“These are early days but we felt it was right to keep our colleagues informed throughout".
The statement said "business as usual" will continuue while details of the market exit are finalised. It also reassured non-household retail customers that they will continue to recieve "the very best service”.
At the time of publication, Yorkshire Water had not responded to a request for further comment.
In February, Yorkshire Water abandoned plans to transfer existing non-domestic customers to its retail spin out, Three Sixty, amid rumours that it might sell off its business book.
Northumbrian Water was tipped as a possible buyer for the non-domestic customer base.
-This article first appeared on Utility Week.
- Yorkshire Water plans ‘sustainable community hub' near Esholt WWTP Yorkshire Water is planning to attract businesses to base themselves near one of its largest wastewater treatment works in... Read More >
- Companies team up for North-east boost Yorkshire Water and Northumbrian Water spending is set to boost the fortunes of North-east contractors. The two water... Read More >
- Yorkshire Water opens new incident room Yorkshire Water has invested in a new hi-tech incident room and other key technology that will help with its response to... Read More >
- Plastic pollution – what was the tipping point? Despite years of research, news stories concerning plastics and the pollution of the marine and water environment have... Read More >
- New direction: Is the industry ready for direct procurement? Ofwat's continued aim to drive efficiency and value for customers will see the introduction of a new direct procurement... Read More >
- Analysis: Assessing lane rental's pros and cons While lane rental may be popular with many, Robin Hackett hears why the majority of utilities and contractors are fiercely... Read More >
- Opinion: Action needed on product specifications and skills BPF Pipes Group president Derek Muckle calls for a basic engineering and procurement skillset to set the standard for what... Read More >
- Bioresource data leads to focus on sludge quality The recent publication of data about the quantity and quality of sludge produced at water company wastewater treatment... Read More >