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 · May 27, 2025
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 · May 21, 2025
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 · May 14, 2025
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 Guardian - UK · Feb 26, 2025
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 Independent UK · Jan 24, 2025
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 Guardian - UK · Dec 19, 2024
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. The Independent UK · Dec 19, 2024
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 · Nov 21, 2024
Severn Trent’s profits triple as it fails drinking water risk rules Half-year profits of £192m come despite being ‘in penalty’ over quality The Guardian - UK · Nov 20, 2024
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 · Nov 20, 2024
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 · Nov 14, 2024
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. Evening Standard · Nov 5, 2024
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 · Oct 20, 2024
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 The Guardian - UK · Oct 9, 2024
The Guardian - UK · Aug 20, 2024 Sewage-spilling English water firms could be denied ‘top marks’ in rankings Exclusive: Regulator plans tighter rules to stop polluters from using four-star rating to justify high CEO pay
The Independent UK · Jul 16, 2024 Every single water company in England and Wales now facing huge sewage investigation by regulator Ofwat aim to conclude the cases against the water companies ‘as quickly as possible’ so the sector can focus on cleaning up the rivers and seas
The Guardian - UK · Jul 16, 2024 Every water firm in England and Wales under investigation over sewage spills Ofwat opens cases against Severn Trent and three others, days after they faced criticism over huge bill rises
The Guardian - UK · Jul 11, 2024 The best long-term plan for Thames Water is to get it back on the stock market The discipline of being a listed company should mean an end to the days of ultra-high leverage and opaque corporate structures
Evening Standard · Jul 11, 2024 Tone deaf utility bosses get usual reward for failure City Comment: The strong case for nationalising Severn Trent
The Guardian - UK · Jun 11, 2024 Severn Trent boss paid £3.2m despite firm’s fine for sewage spills in river Liv Garfield’s pay included a £584,000 bonus despite firm’s £2m fine for spilling 260m litres of sewage into River Trent
The Guardian - UK · May 22, 2024 Severn Trent increases payout to shareholders despite its 60,000 sewage spills last year Final dividend hiked by 9% as MPs write to Ofwat boss urging him to deny water firms’ requests in price review process
The Guardian - UK · Feb 2, 2024 Water firms in England and Wales urged to invest profits in cutting bills Suppliers expected to charge average 6% more from April despite public anger at underinvestment and sewage dumping
The Guardian - UK · Feb 1, 2024 Revealed: watchdogs and water bosses had dinner at private London club to discuss future Exclusive: Meal attended by Environment Agency and Ofwat chairs attacked as outrageous example of ‘regulatory capture’
Evening Standard · Dec 29, 2023 The biggest corporate gaffes of 2023 It's that time of the year again. Here are 15 of the City desk's best corporate gaffes of 2023
The Guardian - UK · Nov 8, 2023 Water regulator starts a ‘crackdown’ on bonuses about 30 years too late Ofwat’s newfound interest in executive pay in the water industry is merely a tweak