UK water company fined £20m

UK company Southern Water has been fined £20.3m (€26.8m) for poor service and deliberately misreporting information, Ofwat said today.

Fri, 08 Feb, 2008 - 15:22

UK company Southern Water has been fined £20.3m (€26.8m) for poor service and deliberately misreporting information, Ofwat said today.

The firm’s shareholders will bear the entire cost of the fine, which will not be passed on to customers.

Southern Water systematically manipulated information to conceal its true performance, industry regulator Ofwat added.

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