Article 6Z2KW Revealed: Yorkshire Water boss was paid extra £1.3m via offshore parent firm

Revealed: Yorkshire Water boss was paid extra £1.3m via offshore parent firm

by
Jasper Jolly
from World news | The Guardian on (#6Z2KW)

Company says extra payments relating to work for Kelda Holdings were covered by shareholders not billpayers

The boss of Yorkshire Water, one of Britain's biggest water suppliers, has received 1.3m in previously undisclosed extra pay since 2023 via an offshore parent company, the Guardian can reveal.

Nicola Shaw received 660,000 from Yorkshire Water's Jersey-registered parent company, Kelda Holdings, in the 2023-24 and the 2024-25 financial years. The size of the fees was not disclosed in the annual report of the regulated subsidiary, Yorkshire Water Services.

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