Since Autumn 2017 Southern Water has been working towards closing its subsidiary finance company in the Cayman Islands.
Southern Water and all Southern Water group companies pay taxes in the UK and have never offshored their tax obligations. However we know that our subsidiary financing company in the Cayman Islands contributes to misconceptions about our business practices and this is why we are working towards closure by the year end.
Financial structures and transparency are vitally important. The Board and Executive Leadership Team are equally clear about our business priorities. Our customers deserve high quality drinking water, excellent customer service and protection for their local environment.