Severn Trent fined £35.8m
- From: Vol 9, Issue 4 (April 2008)
- Category: General
- Region: Europe
- Country:
- Related Companies: Ofwat and Severn Trent
Severn Trent has accepted the blame for providing false information to the regulator. It is keen to draw a line under previous transgressions.
Ofwat announced on 8th April that it intends to fine Severn Trent Water £35.8 million for deliberately providing false information and for providing a poor service to its customers. The fine, equivalent to 3% of the company’s turnover, follows similar penalties imposed on Southern Water and Thames Water.
On the same day, STW pleaded guilty to two older ...
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