Yorkshire Water to sell business retail arm

Market exit puts jobs at risk

Yorkshire Water has confirmed it will sell off its business retail arm, putting at risk around 100 jobs at its Bradford and Barnsley sites.

According to reports in the local media, a spokesman for the company said: “Yorkshire Water Business Services and Three Sixty can confirm they have notified staff of the Kelda Group’s intention to exit the non-household retail market and sell its non-household retail businesses.

“These are early days but we felt it was right to keep our colleagues informed throughout”.

The statement said “business as usual” will continue while details of the market exit are finalised. It also reassured non-household retail customers that they will continue to receive “the very best service”.

At the time of publication, Yorkshire Water had not responded to Utility Week’s request for comment.

In February, Yorkshire Water abandoned plans to transfer existing non-domestic customers to its retail spin out, Three Sixty, amid rumours that it might sell off its business book.

Northumbrian Water was tipped as a possible buyer for the non-domestic customer base.