The utilities watchdog said it is “satisfied” that Yorkshire Water is working to recover almost £1bn and reduce its level of debt.
Yorkshire Water, which recently announced it is hiking bills for its 5m customers, is one of the companies in the Kelda Group which routinely lend money to each other and charge interest. Last year Ofwat announced it was investigating two loans Yorkshire Water has provided to another company in the group, called Kelda Eurobond Co Limited. It was owed £940m in total.
Yorkshire Water, which has reported a net debt of £6.1bn, also borrows millions of pounds from other companies in the Kelda Group. The company spent £360.9m on covering interest payments on those loans in 2022/23. It also paid out £62m in dividends to its parent companies to help cover interest payments on various loans – but said none of the money went to external shareholders. Earlier this month, Yorkshire Water announced a £7.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Yorkshire could get more than half a billion pounds a year thanks to devolutionDevolution of financial powers to Yorkshire could see West Yorkshire and South Yorkshire gain almost half a billion a year to improve the region.
続きを読む »
Less than 30 percent of residents 'satisfied' with West Dunbartonshire's roadsIt shows that just 29 percent of locals deemed road maintenance in the area acceptable - down nine percent on last year’s figure, and 12.5 percent below the local authority’s own target.
続きを読む »
One year on, Rishi Sunak has done far too little for YorkshireRishi Sunak might understandably choose to keep any celebrations of today’s first anniversary of him becoming Prime Minister low-key.
続きを読む »
Family devastated after ‘amazing’ daughter dies in car crash in Yorkshire forestA university graduate was killed in a car crash near Harrogate after the driver lost control on a wet road because he was travelling “too fast”, an inquest was told.
続きを読む »
Supply chain disruption remains one of the biggest challenges for Yorkshire businesses, new report findsSupply chain disruption remains one of the biggest challenges facing Yorkshire businesses, as companies gear up for end of year trading, according to a new report.
続きを読む »
Sitlington solar farm: Plans revealed to put solar panels across 133 acres of Yorkshire countrysideAn energy company has submitted controversial plans to build a solar farm across greenbelt land in Yorkshire.
続きを読む »