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Louise Beardmore

  • United Utilities and Pennon to hike dividends in line with inflation as customer bills rise

    Business

    United Utilities and Pennon Group plan to increase dividends as consumers grapple with significant bill increases over the next five years. The water firms on Wednesday both said dividends would rise in line with inflation each year until 2030, following Ofwat’s final determination in December. The regulator’s ruling, which sets customers’ bills for the next [...]

    Macquarie is to invest £1.2bn into Southern Water in a move that could prevent a breach of its regulatory license.

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