Yorkshire Water to pay £40m enforcement package following Ofwat probe

Yorkshire Post

Ofwat has concluded its investigation into Yorkshire Water securing an enforcement package of £40m to be paid by the wastewater company.  Since the regulator published its draft decision in August, Yorkshire Water has worked with Ofwat to put forward a package that will address the failures that the investigation has  found.

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post. Some major breaking news this morning.

00:06Ofwat has concluded its investigation into Yorkshire Water and secured an enforcement

00:11package of £40 million to be paid by the water company.

00:17Since the regulator published its draft decision in August, Yorkshire Water has worked with

00:21Ofwat to put forward a package that will address the failures that the investigation has found.

00:28In a statement Ofwat said,

00:30In stepping up to acknowledge what has gone wrong and how it will put things right, Yorkshire

00:34Water will pay a total enforcement package of £40 million, which includes paying £36.6

00:41million from 2025 to 2030, to focus on work in some of the most problematic storm overflows

00:49in environmentally sensitive areas, to ensure they spill less than 20 times a year.

00:56My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.

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