Northumbrian Water
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Northumbrian Water is a water supply utility serving the north east of England. It was originally created as the Northumbrian Water Authority, one of ten public sector regional water authorities created by the Water Act 1973. In 1989 the assets and duties of the authority passed to Northumbrian Water Limited, a company that was then privatised. It is now owned by Northumbrian Water Group plc, an independent company listed on the FTSE, which also owns the Essex and Suffolk Water Company. The company's headquarters are located in Pity Me, Durham City. NWG's present Chairman is Sir Derek Wanless. Sir Derek is the former 'ousted' CEO of NatWest Bank, and a former Non-Executive Director (and Chairman of Risk Committee) at Northern Rock Bank. Sir Derek handed in his resignation from Northern Rock following the crisis which culminated in the first run on a British bank since the 19th century. [1] [2].
[edit] Constituents
The authority took over the following water supply utilities[3]:
- Darlington Corporation
- Tynemouth Corporation
- Durham County Water Board
- Tees Valley and Cleveland Water Board
- Newcastle and Gateshead Water Company
- Sunderland and South Shields Water Company
- Northumbria River Authority
Hartlepool Water (a business name of Anglian Water Services) supplies water in the Hartlepool area, Northumbrian Water only having responsibility for sewerage and drainage.
[edit] References
- ^ BBC NEWS | Business | Profile: Derek Wanless
- ^ ^ http://www.publications.parliament.uk/pa/cm200708/cmselect/cmtreasy/56/5602.htm It is regulated under the Water Industry Act 1991.
[edit] Area
The company covers the counties of Northumberland, Tyne and Wear, Durham and parts of North Yorkshire (including the Teesside conurbation)<ref>[http://www.nwl.co.uk/about/nwLocation.asp] Area served by Northumbrian Water</li> <li id="cite_note-2">'''[[#cite_ref-2|^]]''' The Northumbrian Water Authority Constitution Order 1973 (1973 No. 1288)</li></ol></ref>