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Yorkshire Water CEO's £1.3M Payment Sparks Controversy Amid Hosepipe Ban

12/18/2025

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Summary

Story summary

Nicola Shaw, CEO of Yorkshire Water, received £1.3 million in payments from Kelda Holdings, described as a "mistake" for transparency.
Kelda Holdings issued the payments after a ban on "unfair" bonuses to reflect Shaw's role in securing long-term investments.
A hosepipe ban was imposed due to low reservoir levels.
In 2023, Yorkshire Water faced a £40 million wastewater fine and Shaw took a £371,000 bonus as bills rose 41%.

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Story summary

Nicola Shaw, CEO of Yorkshire Water, received £1.3 million in payments from Kelda Holdings, described as a "mistake" for transparency.
Kelda Holdings issued the payments after a ban on "unfair" bonuses to reflect Shaw's role in securing long-term investments.
A hosepipe ban was imposed due to low reservoir levels.
In 2023, Yorkshire Water faced a £40 million wastewater fine and Shaw took a £371,000 bonus as bills rose 41%.