UnitedUtilities

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Reuters - 3 days ago

UK government proposes higher compensation for water company failures

UK government proposes higher compensation for water company failures LONDON, Aug 12 (Reuters) - British water companies that fail their customers will have to hand over higher compensation to affected households and businesses under plans announced by the government on Monday. Under the proposals, compensation would be doubled where water companies failed to meet key standards to which customers were legally entitled, such as failing to provide notice of supply interruptions and missing arrange

Reuters - 1 week ago

Barclays cuts UK water utilities on negative sector outlook; shares fall

BUZZ-Barclays cuts UK water utilities on negative sector outlook; shares fall ** Shares of UK water companies Pennon PNN.L , United Utilities UU.L and Severn Trent SVT.L all open lower between 4%-5% ** FTSE 100 .FTSE down 2.13% while FTSE midcap .FTMC down 2.57% ** Pennon down 5.2% at 598p, United Utilities down 4.9% at 1,007 and Severn Trent down 4.2% at 2,542p ** Barclays says it is no longer so positive on the sector following Ofwat's Draft Determinations and annual performance reports of the

Reuters - 1 week ago

Bakkavor, Drax Group, Greggs

EUROPE RESEARCH ROUNDUP- Bakkavor, Drax Group, Greggs Aug 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bakkavor, Drax Group and Greggs on Monday. HIGHLIGHTS * Bakkavor BAKK.L : HSBC raises target price to 170p from 150p * Drax Group Plc DRX.L : HSBC raises target price to 600p from 500p * Greggs GRG.L : HSBC cuts to hold from buy * Pennon Group PNN.L : Barclays cuts to equal-weight from overweight * United Utilities UU.L : Bar

Reuters - 3 weeks ago

UK water companies fail to get basics right, environmental regulator says

UPDATE 1-UK water companies fail to get basics right, environmental regulator says Five out of nine rated as 'requiring improvement' 47 serious pollution incidents in 2023, up by three Tougher regulation on the way Adds Water UK comments in paragraphs 6, 7, 12 By Sarah Young LONDON, July 23 (Reuters) - Britain's Environment Agency on Tuesday lambasted the country's water companies for spewing sewage into rivers and seas, saying the majority of them were failing to get the basics right, as it out

Reuters - 3 weeks ago

UK water companies fail to get basics right, environmental regulator says

UK water companies fail to get basics right, environmental regulator says LONDON, July 23 (Reuters) - Britain's Environment Agency lambasted the country's water companies for spewing sewage into rivers and seas, saying the majority of them were failing to get the basics right, as it outlined plans for a tougher regulatory approach. Years of under-investment by privately-run, profit-seeking water companies in the UK has coincided with heavier rainfall from climate change and a growing population

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