UK water company fined £8.5m

United Utilities was hit with an £8.5m (€12.6m) fine today after the water regulator found the firm broke trading rules.

UK water company fined £8.5m
Fri, 22 Jun, 2007 - 09:11

United Utilities was hit with an £8.5m (€12.6m) fine today after the water regulator found the firm broke trading rules.

Ofwat issued the penalty – the first of its kind – after the North West-based utility failed to test market prices for services it provided from subsidiary companies.

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