Business Stream
This article needs additional citations for verification. (September 2014) |
Business Stream | |
Company type | Subsidiary |
Industry | Water industry |
Founded | December 29, 2005[1] |
Headquarters | Edinburgh, Scotland, UK[1] |
Area served | United Kingdom |
Services | |
Website | business-stream |
Scottish Water Business Stream Limited,[1] trading as 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.
Operation in Scotland
[edit]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
[edit]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.[citation needed]
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
[edit]- ^ a b c "Scottish Water Business Stream Limited overview - Find and update company information - GOV.UK". Companies House. 29 December 2005. Retrieved 13 February 2024.
- ^ "Business Stream - Privacy Policy".
- ^ "Scottish business spending £100m less on water", Utility Week, 2 July 2014. Retrieved 8 September 2014.
- ^ Donnelly, Brian (19 June 2020). "Water company saves customers £30m".
- ^ Jane Bradley, "Powles plans English raids", Sunday Times, 13 September 2009
- ^ Peter Ranscombe, "Business Stream to supply water to Bernard Matthews", The Scotsman, 9 March 2013. Retrieved 8 September 2014.
- ^ Water Commission - Water Services etc. (Scotland) Act 2005
- ^ Water Industry Commission for Scotland – current licensees
- ^ Water Industry Commission for Scotland – current licensees (retrieved 29 July 2014)