Business Stream
 | This article needs additional citations for verification. (September 2014) |
| Company type | Subsidiary |
|---|---|
| Industry | Water industry |
| Founded | 2005[1] |
| Headquarters | Edinburgh, Scotland, UK |
Area served | United Kingdom |
| Services | |
| Website | www |
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
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
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
- ^ https://beta.companieshouse.gov.uk/company/SC294924
- ^ https://www.business-stream.co.uk/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".
{{cite web}}: CS1 maint: url-status (link) - ^ 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)