Utilities Face Fine for Trade Breach

Daily PostDecember 21, 2006

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Summary


WATER regulator Ofwat said yesterday it was likely to fine United Utilities for breaching the terms of its trading licence.

Ofwat could fine UU's water and sewerage business up to pounds 120m for giving preferential trading terms to five associate companies, including Knowsley based Vertex Data Science subsidiary which provides the group's IT services.

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Extract


Utilities Face Fine for Trade Breach

However, it is unlikely that Ofwat ...

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