Business Stream

Business Stream is a water retail business operating in both Scotland and England's competitive non-domestic water markets, with its headquarters in Edinburgh.[2] It also has offices in Glasgow, Worthing and Bradford. The company is a subsidiary of Scottish Water, the publicly owned utility which serves the residential water market across Scotland.

Scottish Water Business Stream Ltd.
TypeSubsidiary
IndustryWater industry
Founded2005[1]
HeadquartersEdinburgh, Scotland, UK
Area served
United Kingdom
Services
Websitewww.business-stream.co.uk

Operation in Scotland

Having previously supplied all of Scotland’s properties with water, Scottish Water split its non-domestic arm off to serve the fledgling market. The newly formed company, called Business Stream, acted as the incumbent non-domestic water and waste water supplier for organisations in the country.[3]

In June 2020, Business Stream reported that since the market opened in 2008 it has helped its customers save over £272 million through discounts and water and energy efficiencies.[4]

Operations in England

On 8 December 2011, the Department for Environment, Food and Rural Affairs (DEFRA) published the Water for life market reform proposals, which suggested the introduction of competition to England’s non-residential water market.

Business Stream registered for a licence to compete in the English market, as reported in the Sunday Times in 2009.[5] It has since stated that it has secured contracts with Network Rail, Cancer Research UK, Lloyds Banking Group and the Ministry of Justice.[6][7][8][9]

References
  1. "SCOTTISH WATER BUSINESS STREAM LIMITED - Overview (Free company information from Companies House)".
  2. "Business Stream - Privacy Policy".
  3. "Scottish business spending £100m less on water", Utility Week, 2 July 2014. Retrieved 8 September 2014.
  4. Donnelly, Brian (19 June 2020). "Water company saves customers £30m".
  5. Jane Bradley, "Powles plans English raids", Sunday Times, 13 September 2009
  6. Peter Ranscombe, "Business Stream to supply water to Bernard Matthews", The Scotsman, 9 March 2013. Retrieved 8 September 2014.
  7. Water Commission - Water Services etc. (Scotland) Act 2005
  8. Water Industry Commission for Scotland – current licensees
  9. Water Industry Commission for Scotland – current licensees (retrieved 29 July 2014)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.