Utility Week articles from June 2002

Utility Week archives from June 2002

WATER; AWG crawls towards split and into the red. (Anglian Water Services PLC).(Brief Article)(Statistical Data Included)
June 7, 2002... by Karma Ockenden AWG's plan to restructure its business moved closer to realisation last week when holders of two of its bonds voted in favour of the plans at an extraordinary general meeting. The proposals to split the company into...

Credit check. (American Express Recurring Billing Bureau allows public utilities accept bills paid by payment cards).(Brief Article)
June 7, 2002... Before deregulation, when regional gas and electricity boards billed their customers they were mainly concerned with an efficient and cost-effective form of billing. Legacy billing systems were just large calculators that needed to reliably...

ELECTRICITY; Aquila plans 230 Midlands job cuts. (Aquila Networks, Midlands Electricity).(Brief Article)(Statistical Data Included)
June 7, 2002... Aquila Networks, owner of Midlands Electricity, has announced plans to cut more than 6 per cent of the workforce of the Birmingham-based electricity distributor. News of the 230 job losses came one month after the US-based energy and risk...

WATER; Record number of beaches get clean award. (Blue Flag awards, UK).(Brief Article)(Statistical Data Included)
June 7, 2002... A record 83 beaches achieved Blue Flag awards last week after passing strict standards on bathing water quality, beach cleanliness and visitor facilities. Among the 83 were 14 new beaches, such as Branksome Chine at Poole, and 18...

WATER; Joint bills keep Bristol results ship-shape. (Bristol Water's financial results in year ended March 31, 2002).(Brief Article)(Statistical Data Included)
June 7, 2002... Bristol Water has posted a 5 per cent increase in its dividend to 67.2p for the year ended 31 March, and pre-tax profit up 18 per cent to [pound]14.8 million, as a joint billing operation with rival Wessex Water helped it cut operating costs....

TELECOMS; OECD puts UK broadband low on list. (Organisation for Economic Co-operation and Development).(Brief Article)
June 7, 2002... The UK has come in 22nd place for broadband access out of a list of the world's 30 richest countries, according to the Organisation for Economic Co-operation and Development (OECD). The OECD said the UK stood out as explicitly having left...

GAS; Joint venture deal to tap coalbed gas. (Halliburton Energy Services Div.'s contract with StrataGas).(Brief Article)(Statistical Data Included)
June 7, 2002... Halliburton's Energy Services Group has struck a deal with leading onshore gas exploration and production company Strata Gas over the the latter's pioneering coalbed methane project in Staffordshire. The [pound]3.5 million bid to extract...

ENERGY; Cross-border deals to spiral.(Brief Article)(Statistical Data Included)
June 7, 2002... Cross-border power mergers are poised to escalate in Europe in the second half of this year as activity in North Americadeclines. And the multi-utility model, as well as consortia, are to become a feature of the European scene, according to...

MULTI-UTILITies; Brockhampton sell-off buoys East Surrey Water.(Brief Article)(Statistical Data Included)
June 7, 2002... Water and gas utility East Surrey Holdings has posted a positive set of full-year results for the last year, buoyed by the [pound]24 million disposal of its stake in Brockhampton Holdings, which realised a [pound]2.2 million profit. The...

WATER; Users demand Meacher meet on competition.(Brief Article)
June 7, 2002... The Energy Information Centre's Water Competition Action Group last week demanded a meeting with environment minister Michael Meacher to persuade him to lower the 50 megalitre (Ml) threshold set for common carriage competition. The...

ENVIRONMENT; Europe burns up green gas targets.(Brief Article)(Statistical Data Included)
June 7, 2002... European energy consumption is rising and progress in curbing its environmental impact is 'insufficient', largely because growth in efficiency and renewable energy is slow, according to the European Environment Agency (EEA). 'While there...

ENERGY; Ofgem seeks a balanced view of networks.(Brief Article)
June 7, 2002... Energy regulator Ofgem has asked Transco and National Grid for reassurance that the gas and electricity transmission networks can be balanced and will operate safely and efficiently next winter. Ofgem has written separately to the...

Buyouts and cable and disc wars.(includes, American Electric Power purchases Cheshire, Ohio land)(Brief Article)(Column)
June 7, 2002... Good to know that those boys and girls at BT are on the ball. The great man is grateful to New Scientist for the following cautionary tale. The phone giant sells a CD-ROM which indexes all Britain's telephone numbers. To buy a copy...

ELECTRICITY; Distributed power to be slow-burn.(slow growth for European power companies)(Brief Article)
June 7, 2002... Europe's power companies expect slow growth in the use of small plant sited in the distribution networks and bypassing the extra high-voltage, according to market analyst Frost and Sullivan (F&S). This scotches the forecasts of advocates of...

MULTI-UTILITIES; Grid eyes Europe and writes off telecoms.(Brief Article)(Statistical Data Included)
June 7, 2002... by Trevor Dooley Transmission company National Grid has cleared its books of failing telecoms interests and hinted at a return to Europe as a possible expansion area. The company took a [pound]755 million hit writing down its stakes...

ENERGY; International Power secures Australian deal.(finance for gas pipeline construction)(Brief Article)
June 7, 2002... International Power and its joint venture partner, Origin Energy, have secured finance for the construction of the southeast Australian gas pipeline. The 680km-long pipeline will run from Port Campbell in Victoria to Adelaide in south...

Vodafone enters the record books.(posts record-breaking annual loss)(Brief Article)
June 7, 2002... Last week Vodafone, once the biggest company in the UK by market capitalisation, entered the record books by posting the largest loss in British corporate history - some [pound]13.5 billion for the year. That's three times the GDP of Iceland,...

WATER; Kelda ditches ambitions to find new structure.(financial structure of Kelda Group)(Brief Article)(Statistical Data Included)
June 7, 2002... by Karma Ockenden Kelda Group has stopped its search for a new financial structure because the fortunes of the water sector have picked up. Kelda has been on the hunt for a new structure since its mutual proposal was rejected by the...

TELECOMS; Kingston beats market expectations.(fourth quarter results of Kingston Communications)(Brief Article)(Statistical Data Included)
June 7, 2002... Kingston Communications' fourth-quarter results brought cheer to a gloomy telecoms market as it posted turnover up 40 per to [pound]316.3 million. The operator pleased investors by halting its spending and cutting capital expenditure to...

ENERGY; London Power raises [pounds sterling]350m in bond issues. (London Power Networks).(Brief Article)(Statistical Data Included)
June 7, 2002... London Power Networks, the owner of the capital's electricity distribution network, has issued two bonds, together worth [pound]350 million, as part of a major refinancing exercise. The sterling bonds were issued through Barclays Capital...

Survival of the biggest.(energy industry)(Brief Article)
June 7, 2002... Twelve years ago there were 157 licensed cable companies. Today there are just two. At privatisation there were 20 or so electricity companies. Now there are seven major players in the energy retail market. This week one of our main...

Merger in mind.(energy industry deregulation influences number of consolidations)(Statistical Data Included)(Industry Overview)
June 7, 2002... In the four years since the deregulation of the energy sector in the UK, consumers have become increasingly aware that they have multiple options when it comes to choosing their utility supplier. This has increased the ferocity of competition...

TELECOMS; German scores afford some relief to MMO2.(Brief Article)(Statistical Data Included)
June 7, 2002... by Sumi Sastri The German operations of mobile operator MMO2 shored up a financial performance that disappointed investors. German mobile subscriber numbers increased by four million, raising MMO2's European market share by one...

Service moans dog telecoms.(includes, telecommunications industry customer complaints increase)(Brief Article)(Statistical Data Included)
June 7, 2002... Complaints by telecoms consumers about customer services rose significantly during 2001 compared with the previous year and remained the key area of concern for industry regulator Oftel, according to its latest annual report. Oftel said it...

Sapient.(seeks European business expansion)(Brief Article)(Statistical Data Included)(Company Profile)
June 7, 2002... by Trevor Dooley US-based business and technology consultancy Sapient is a newcomer to the UK and mainland European utilities scenes. It is punting for business currently dominated by the likes of Logica on the back of its experience in...

Centrica.(growth strategy focuses on North America)(Brief Article)(Company Profile)(Statistical Data Included)
June 7, 2002... by Sumi Sastri A year ago, Centrica believed its fortunes lay in expanding into Europe. But with opportunities in North America growing at a faster rate, the company is focusing growth on new acquisitions and brand development across the...

ENERGY; Npower penalty proves own goal.(receives Office of Gas and Electricity ruling)(Brief Article)
June 7, 2002... Domestic energy retailer Npower has been forced to scrap a penalty clause designed to lock customers into a dual-fuel deal until the end of the year. Energy regulator Ofgem told the company that the penalty clause amounted to a breach of...

ENERGY; Online lifeline to mid-energy users.(Brief Article)
June 7, 2002... Online energy brokers could help medium-sized energy users in Europe who have been left behind by households and heavy industry in reaping the benefits of energy market competition, according to recent research. Market analyst Datamonitor...

WATER; Sums don't stack up for Pennon refinance. (Pennon Group).(Brief Article)(Statistical Data Included)
June 7, 2002... by Karma Ockenden Pennon Group has rejected securitising its South West Water business because the potential costs outweigh potential benefits. The company had considered a range of financial restructuring options - the favourite of...

Prescott returns to the fray.(ministerial appointment in United Kingdom government)(Brief Article)
June 7, 2002... Now the dust has begun to settle on last week's bout of ministerial musical chairs, what was originally flagged as a mini-reshuffle is beginning to look a little more significant. Indeed, during last Wednesday's lobby briefing the adjective was...

Vodafone still in the spotlight.(stocks)(Brief Article)(Statistical Data Included)
June 7, 2002... It was another Vodafone-dominated week as the FTSE100 giant lurched around under the weight of concern about a possible massive writedown from the mobile operator. Meanwhile, the waves in the water sector continued ahead of a number of...

ENERGY ; Unit-e to float to fund expansion bid. (Unit Energy).(Brief Article)
June 7, 2002... Renewable energy supplier Unit Energy - which operates under the Unit-e brand - is planning a share offering of 40-50 per cent targeted at its customers to fund a move into generation and other expansion plans. The company has earmarked...

Room without a view.(Competition Act of 1998, overview)(Column)
June 7, 2002... Ofwat has done a fair job of impersonating a bluebottle caught in double-glazing, buzzing around energetically between the panes since its circulation of document MD 154, entitled Development of Common Carriage, in November 1999. On one side is...

Manage it like Sven.(utilities management strategies parallel those used by Sven-Goran Eriksson)(Column)
June 7, 2002... With the World Cup underway, the excitement among England supporters is starting to build because there is a feeling that this time we might just have got it right. Metatarsal bones and groin strains permitting, this should be the most capable...

Asset ideas.(asset management strategies for utilities industry)(Brief Article)(Column)
June 14, 2002... As Enron burns and international terrorism threatens, the utilities industry is being squeezed on all fronts. Pressure for profit combined with escalating security requirements is creating a real commercial dilemma for senior management. Many...

TELECOMS; UK bidders join list for KPNQwest.(Brief Article)
June 14, 2002... BT, Cable & Wireless and Colt are likely to bid for failed Dutch telecoms operator KPNQwest's assets on sale, joining a list of companies looking to pick up assets on the cheap. KPNQwest filed for bankruptcy protection at a Dutch court in...

PAN-UTILITY; Blair applauds utilities for skills drive.(Tony Blair)(Brief Article)
June 14, 2002... The prime minister this week praised the contribution the utility sector has made and plans to make in tackling skills shortages, while helping the government's welfare to work strategy. In a keynote speech on welfare reform delivered on...

ENERGY; Warning on levy rebate as yield falls.(Energy Information Centre)(Brief Article)
June 14, 2002... Companies have underestimated the work required to ensure they qualify for 80 per cent rebates under the climate change levy, warned user negotiator the Energy Information Centre (EIC). The warning came as figures released by the Treasury...

Don't look down.(cable industry)(Column)(Industry Overview)(Statistical Data Included)
June 14, 2002... The financial numbers for the UK cable industry are really rather terrifying. Market leader NTL is currently in bankruptcy and has net debt of more than [pound]12 billion. Its major competitor, Telewest, whose shares are now quoted at just...

PAN-UTILITY; Scottish call centre staff stressed out.(survey)(Brief Article)(Statistical Data Included)(Polling Data)
June 14, 2002... Three-quarters of the members of public service trade union Unison working in call centres in Scotland complain of stress, according to a recent survey by the union. More than 60 per cent suffered wrist and back pains. The survey of 500...

GAS; Nordic deal to supply Centrica for ten years.(Statoil supply contract)(Brief Article)
June 14, 2002... by Sumi Sastri Centrica, the home services group, has signed a long-term gas deal with Norwegian oil and gas group Statoil to ensure security of supply, as production from the UK Continental Shelf is set to decline over the next decade....

PAN-UTILITY; Eon bails out Orange options to raise [pounds sterling]615m.(Brief Article)
June 14, 2002... German multi-utility Eon has exercised its option to sell 103 million Orange shares at e9.25 (599p) a share, raising some e950 million. Orange's shares closed at e5.57 on the day of the sale. The sale ended speculation that Eon would hang...

GAS; British Gas in hot water over forced entries.(gaining access to read meters)(Brief Article)
June 14, 2002... British Gas this week played down claims that it was using 'over the top' tactics over meter reads needed on safety grounds. The energy giant was criticised last week in the consumer magazine Which? for threatening to force entry into...

Where there's a willa.
June 14, 2002... Sir: Stephen Tupper's conclusion that the government may be closing the shutters on water competition rings true. But I am not convinced that the Competition Act is as toothless as he says. The recent Bettercare nursing home case set a...

Trouble at Telewest.(John C. Malone may acquire Telewest and NTL)(Brief Article)
June 14, 2002... Nobody has a good word to say about Telewest, it seems. While PIRC referred to the company as a 'corporate governance basket case' in the Observer, The Business thought the UK cable industry would soon cease to exist at all. In its view, both...

British Energy calls for government commitment to nuclear.(executive chairman Robin Jeffrey deliver lecture in London)(Brief Article)
June 14, 2002... British Energy executive chairman Robin Jeffrey this week called for government support for a new-build programme of ten nuclear stations, each of 1,000MW, over the next 20 years. His call came in a lecture delivered at the Institution of...

Rich veins of thought.(upcoming Utility Congress; Statoil proposes pipe line)(Brief Article)
June 14, 2002... It's now a little over four weeks to the start of Utility Week's Utility Congress. With its theme of Asset rich or asset light - which way ahead, the event takes as its cue the structural change that threatens the vertically integrated...

WATER; Ofwat and government OKten-year reviews.(water industry price reviews)(Brief Article)
June 14, 2002... by Karma Ockenden Water industry price reviews could happen only once every ten years, rather than once every five, because the government and regulator have conceded longer-term planning would be beneficial. Speaking at the Institute...

WATER; Meacher stands by merger policy.(Environment minister Michael Meacher)(Brief Article)
June 14, 2002... Environment minister Michael Meacher dashed the hopes of those seeking a national champion for UK water when he said at this week's Water 2002 conference that creating one would be too difficult. He said it was not the government's role to...

TELECOMS; T-Mobile calls lost in valley and glen.(success rates for calls connected and completed)(Brief Article)(Statistical Data Included)
June 14, 2002... German-owned mobile operator T-Mobile has fallen behind its chief rivals in the UK in a performance league published by telecoms regulator Oftel. The watchdog's report showed T-Mobile in the lower end of a nationwide table. The telecoms...

Probe urged into BNFL costs.(British Nuclear Fuels)(Brief Article)(Statistical Data Included)
June 14, 2002... Ministers have been urged to conduct a detailed review of the accounts of British Nuclear Fuels (BNFL) and the way it 'treats' its 'historic liabilities' in advance of the setting up of the promised 'liabilities management authority'. The...

Pennon Group.(South West Water Ltd. and Viridor Ltd. divisions)(Brief Article)(Statistical Data Included)
June 14, 2002... by Sumi Sastri Pennon Group, the holding company for South West Water has resisted peer pressure to restructure and refinance its clean water operations. The group is divided into two main divisions - South West Water Limited and Viridor...

ELECTRICITY; Ulster business slams power prices.(Brief Article)
June 14, 2002... Industrial and commercial electricity customers in Northern Ireland have claimed that electricity prices in the province have put them 'at a major competitive disadvantage' compared with rivals in the rest of the UK. According to the...

TELECOMS; Steady revenues in NTL's first quarter.(NTL Corp.)(Brief Article)(Statistical Data Included)
June 14, 2002... Cable operator NTL reported a year-on-year doubling in earnings at the first quarter stage of 2002. Earnings before interest tax depreciation and amortisation were up at [pound]177 million, compared to [pound]86 million in a similar period...

energy; Nuclear liabilities in a spin.(British Nuclear Fuel's core reprocessing operation not profitable)(Brief Article)
June 14, 2002... by Roger Milne The profitability of the core reprocessing operation at British Nuclear Fuel (BNFL)has deteriorated seriously, according to a report circulating in Whitehall, which questions the way the state-owned company treats its...

Atomic safety watchdog shuns missiles.(Office of Civil Nuclear Security's security plans for civil nuclear sites)(Brief Article)
June 14, 2002... Britain's security regulator for the civil nuclear industry has defended the government's decision not to station missiles around Sellafield after the terrorist attacks of 11 September. France positioned missile batteries around Cap le...

Going for broke.
June 14, 2002... The introduction of competition in energy supply was designed to benefit the end user by increasing customer choice and by forcing suppliers to lower their prices. This has largely succeeded, especially at the large-user and residential ends of...

On the rack over energy savings.(energy efficiency bill is contested)(Brief Article)
June 14, 2002... Environment minister Michael Meacher is under no illusions as to the importance many backbenchers attach to energy efficiency. He is currently in a lot of trouble from all political sides over the government's stance on a private members'...

WATER; Water firms in a fine mess.(pollution fines)(Brief Article)(Statistical Data Included)
June 14, 2002... In April and May the courts meted out fines and costs totalling more than [pound]150,000 on water companies for pollution incidents. United Utilities was hit with three fines totalling [pound]50,000 for disinfection failures near Blackpool....

Powerful ; legacy.(Industry Overview)
June 14, 2002... Nationalisation kept the lights on for over 30 years. When the electricity supply industry was radically restructured in 1990, followed by privatisation in 1991, one of the casualties was the nationalised Central Electricity Generating Board...

WATER; Severn mulls interim appeal as costs rise.(Severn Trent Water may appeal for interim price review)(Brief Article)
June 14, 2002... by Karma Ockenden Severn Trent Water is pondering an appeal for an interim price review in September because it has been hit by soaring costs since prices were set in 1999. Managing director Brian Duckworth said: 'There are lots of...

ELECTRICITY; ScotPower to claw back $39m costs.(state commissions allow PacificCorp to recover costs)(Brief Article)(Statistical Data Included)
June 14, 2002... ScottishPower's US arm, PacifiCorp, has been granted US$39 million ([pound]25 million)in recovered costs in Idaho and Oregon. State regulator the Idaho Public Utilities Commission granted PacifiCorp cost recovery of $25 million after a...

Scotland the brave?(evaluation of government utiliites initiatives and regulations)(Column)
June 14, 2002... I am in the throes of trying to build a world-class business in the utilities industry, but sometimes making sense of its complications and legislation is the biggest challenge. The most recent major development north of the border is the...

Utilities settle for a quiet time.(utility companies' stock prices)(Brief Article)(Statistical Data Included)
June 14, 2002... After a four-day weekend and a David Beckham winner against Argentina, the last place you would expect to see much action would be in utility stocks. Sure enough, the sector was as still as a millpond with only overseas hostilities and comments...

TELECOMS; Mobile phone lobby wants low regulation.(UK)(Brief Article)
June 14, 2002... Mobile telecoms operators have called for 'light touch' regulation for the sector under the proposed new telecoms and media regulator, Ofcom. In a joint statement, the companies said they would like ministers to shape the Communications...

ELECTRICITY; Traders seek US business.(RWE AG says it has skills to trade in US)(Brief Article)
June 14, 2002... European trading operations in the US are looking at a boom in business after the Federal Energy Regulatory Commission threatened to strip US traders of their licences for the unethical (but not illegal) practice of buying and selling...

MULTI-UTILITies; Ofgem raids United in connections probe.(Office of Gas and Electricity Markets, UK)(United Utilities)(Brief Article)
June 14, 2002... by Trevor Dooley Energy regulator Ofgem staged an early morning raid last week on United Utilities' offices to seize information as part of an investigation into complaints about the multi-utility's connections business. The raid...

Flaky talks, algal blooms and balls.
June 14, 2002... Last week's preparatory talks for the forthcoming Johannesburg World Sustainable Summit on the island of Bali were anything but idyllic. The talks ended in a flurry of recriminations and bad feeling, with the Europeans blaming the Americans for...

WATER; Swan chief predicts change.(Glas Cymru's financial report, UK)(Brief Article)
June 14, 2002... Swan Group chief executive Keith Tozzi has forecast that water companies will continue to seek novel ways to reform their financial structures to meet the demands of growing capital commitments and tighter legislation. Tozzi predicted...

WATER; AWG free to split after bondholder OK.(Brief Article)
June 21, 2002... AWG is free to go-ahead and split its business after its bondholders approved its restructuring proposals on Monday. A second vote was called after a poor turnout of holders of five series of bonds at an earlier meeting temporarily halted...

ENERGY; Smart metering trial proposedfor the autumn.(Brief Article)
June 21, 2002... A trial to show how smart metering could help improve energy saving could be underway within months, Ofgem has revealed. The watchdog has pencilled in September as a start date for a trial, the details of which have been considered by a...

Union demands.(Amicus)(Statistical Data Included)
June 21, 2002... The launch of Amicus on 1 January 2002 signalled a new era of industrial relations in the energy and utility sectors and created a new, stronger stakeholder in all associated industries. The formation of this new super-union with over a million...

Breathing life into water.
June 21, 2002... Water retailer Aquavitae directors Michael Samorzewski and Steven Reid want to do for water what Easyjet boss Stelios Haji-Ioannou did for airlines: break into the market, win custom by offering real value, and make the incumbents rethink their...

ENERGY; Aquila pulls out of energy trading.(Statistical Data Included)(Brief Article)
June 21, 2002... US energy conglomerate Aquila this week pulled the plug on its European energy and risk trading activities. Over 150 jobs will be lost at its London office. The first staff left on Tuesday as Utility Week went to press. A spokesman for the...

ELECTRICITY; BNFL revamp as part-listing looms.(Brief Article)
June 21, 2002... The board of British Nuclear Fuels is to restructure the company, a move which effectively splits the state-owned company in two. The reorganisation came as the beleaguered nuclear giant awaited the government's plans for a Liabilities...

ELECTRICITY; Spottiswoode takes deputy chair at BE.(Brief Article)
June 21, 2002... Former gas regulator Clare Spottiswoode has been appointed as independent deputy chairman of British Energy. She replaces Sir Robin Biggam, who resigned. Sir Robin has been on the board since April 1996. Chairman Robin Jeffrey said he...

ELECTRICITY; Ofgem wants payback for small generators.(Brief Article)
June 21, 2002... by Trevor Dooley Ofgem has proposed a reimbursement mechanism that would even out the charges to generators making new connections to the distribution system by ending the situation where subsequent generators got a free ride after the...

TELECOMS; EU in U-turn on resale of 3G licences by operators.(Brief Article)(Statistical Data Included)
June 21, 2002... The European Commission has lifted its ban on mobile telecoms operators reselling their third-generation (3G) licences to new entrants, in a bid to help them recoup some of the costs of buying the licences. The Commission has given...

WATER; Vivendi in U-turn on water.(Brief Article)(Statistical Data Included)
June 21, 2002... Vivendi Universal, the French media giant, could raise e3.2 billion ([pound]2 billion) from the sale of some of its stake in its water and waste management business Vivendi Environnement. In a U-turn on earlier statements, group chief...

GAS; Supply regime change hits decision time.(Brief Article)
June 21, 2002... Gas suppliers have until the end of the month to decide if major changes are needed to the industry's draft Supply Point Administration Agreement (Spaa). This new governance regime mirrors the electricity sector's Master Registration...

PAN-UTILITY; Utility people honoured by the Queen.(Brief Article)
June 21, 2002... Utility people honoured by the Queen Once again, utility people featured prominently in the Queen's birthday honours list announced last weekend. Those who received awards were: Knights bachelor Roy Gardner, chief executive,...

Vodafone shares fall.(Brief Article)
June 21, 2002... Shares in Vodafone fell to a four-and-a-half-year low last week after J-Phone, its Japanese operator, announced it was increasing subsidies on its high-end handsets, such as camera phones. The Independent blamed the fall in shares on the 'price...

Glas model for rail?(Glas Cymru)(Brief Article)
June 21, 2002... Last week we reported Glas Cymru's Chris Jones counselling caution despite a better-than-expected set of results at the not-for-profit Welsh water business. In particular, he said that he did not expect other organisations to copy the Glas...

WATER; Mid Kent restructure to cost 50 jobs.(Brief Article)
June 21, 2002... Fifty jobs are to go at Mid Kent Water as part of an internal restructuring initiative to ensure the company complies with Ofwat's efficiency targets. Mid Kent had to 'substantially reduce' its operating expenditure if it was to meet the...