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The Latest Breaking News from Severn Trent

Oil price gains and Westminster worry sink stocks

The FTSE 100 closed down 177.56 points, 1.7%, at 10,195.37.

Evening Standard

If you’re not Thames, the water looks lovely for investors

Share prices of United Utilities and Severn Trent show that investors seem keen to throw capital at the right firms

The Guardian - UK

FTSE 100 rallies as oil eases and Bank of England holds rates

The FTSE 100 closed up 165.71 points, or 1.6%, at 10,378.82.

Evening Standard

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read the most diverse news in one place.

'They Don't Know 15:00 Means 3pm': Shock as Severn Trent Boss Says Apprentices Struggle Telling Time and Basic Maths

A growing number of apprentices lack basic maths skills, raising concerns about workforce readiness, financial understanding, and widening inequality across Britain.

International Business Times UK

Water firms sent bailiffs to tens of thousands of homes for debts under £1,000

Most recorded visits are for smaller debts, data from England and Wales suggests, though method of recovery is a postcode lottery

The Guardian - UK

Women bosses face more scrutiny than men, says chief of Government-backed review

The chief executive of the FTSE Women Leaders Review said firms can have a tendency to ‘fish in the same pool’ for top bosses.

Evening Standard

Can I move a drain as part of an extension project? Experts reveal when you will and won't need permission and how you get it

Experts reveal when you will and won't need permission and how you get it

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Severn Trent chief executive to step down after becoming longest serving female boss in FTSE 100

Liv Garfield is currently the longest serving female boss in London’s blue chip share index, followed by GSK chief executive Dame Emma Walmsley,

The Independent UK

Severn Trent boss to step down after 11 years in top role

Liv Garfield is currently the longest serving female boss in the FTSE 100.

Evening Standard

Thames Water ranked worst supplier in England as firms’ ratings hit record low

Environment Agency rates eight of nine companies as poor and needing improvement

The Guardian - UK

English water firm doubles CEO’s pay despite ‘elevated concern’ over finances

Boss of Affinity Water, which serves 3.9 million customers in London and south-east, receives £1.6m

The Guardian - UK

Premier Inn owner appoints Severn Trent boss as new chairwoman

Christine Hodgson joins partway through a five-year growth plan at the company, which involves building thousands more hotel rooms.

Evening Standard

Severn Trent enjoys bumper profits as water bills soar

The water firm, which hiked customer bills by an average of 21% in April, saw profits rise by more than half to £320 million last year.

Evening Standard

Residential street flooded as burst main shoots 100ft jet of water into the air

Some properties in Sneedhams Green in Matson, Gloucester, were left without supplies.

Evening Standard

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The Guardian - UK

United Utilities boss admits water firm ‘isn’t good enough at stopping sewage dumping’

Louise Beardmore, boss at England’s worst-polluting firm, tells MPs pollution rise partly down to extra monitors and wet weather

The Independent UK

Severn Trent to increase shareholder dividends as water bills rise

It came as the water firm said its financial performance up to January 23 ‘remains on track’.

The Guardian - UK

Water bills in England and Wales: how much more might you pay in your area?

The average bill is to rise by 36% over five years. Here’s what each firm will charge, and how they will spend the cash

The Independent UK

FTSE slumps as Bank of England holds interest rates

The FTSE 100 finished 93.79 points, or 1.14%, lower to end the day at 8,105.32.

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The Guardian - UK

Water companies blocked from paying bonuses out of customer money

Regulator uses new powers to ensure investors pay at Thames, Yorkshire, and Dŵr Cymru Welsh Water

The Guardian - UK

Severn Trent’s profits triple as it fails drinking water risk rules

Half-year profits of £192m come despite being ‘in penalty’ over quality

Evening Standard

Severn Trent profits nearly triple despite non-compliance risk on water quality

The company serves about 4.6 million homes and businesses across the Midlands and Wales.

Evening Standard

European stocks rise while US market rally wanes

London’s FTSE moved 40.86 points higher, or 0.51%, to close at 8,071.19,

Evening Standard

FTSE 100 Live 05 November: Vodafone merger boost, Primark owner rallies but ASOS posts big loss

The merger of Vodafone and Three today moved a step closer after the companies were told a huge 5G rollout could alleviate competition concerns.

The Guardian - UK

Water companies raise bonuses to £9.1m despite record sewage discharges

Third of total comprises bonuses at Severn Trent as indebted Thames nearly doubles payouts to executives

The Guardian - UK

Don’t indulge the Thames Water whingers next week, prime minister

Labour should stand firm at its investors summit and remind attenders that the UK’s utilities sector is eminently investable

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