Yorkshire Water boss resigns after firm downgraded

Nicola Shaw, the chief executive of Yorkshire Water since 2022, will step down from her position in January. This resignation follows the company being downgraded by regulators, who assigned the firm its lowest environmental rating. The announcement regarding the leadership change occurred just one day after the regulatory body issued the poor environmental assessment, marking a significant shift in the company's management following the downgrade of its environmental performance standards by the relevant authorities.