United Utilities: Profit rises significantly as water bills hiked Business Profit at United Utilities jumped significantly ahead of the FTSE 100 giant hiking water bills for its more than seven million customers, it has been revealed. The Warrington-headquartered firm, which serves customers in the North West of England, has also proposed an increase to its final dividend of 4.2 per cent to 34.6p. The company [...]
Pennon Group records loss after parasite scandal Water Pennon Group, the British utility firm which owns South West Water, said in a trading update this morning that the costs of last year’s Brixham water supply scandal had forced it into a loss in the second half of last year. The water company said lower customer demand and inflationary cost pressures were offset by [...]
Yorkshire Water hikes dividend despite pollution remaining ‘too high’ Water Yorkshire Water, which serves more than five million customers across the region, has hiked its dividend during the first half of its financial year despite pollution levels remaining “too high”. The provider paid out dividends totalling £37.5m in the six months to 30 September, 2024, up from the £17.7m during the same period in 2023. [...]
Severn Trent hikes dividend as profit nearly triples November 20, 2024 Coventry-headquartered Severn Trent was fined more than £2m for polluting the River Trent near Stoke in February.
Thousands join march in London against water industry November 3, 2024 Thousands of campaigners flooded the streets of London on Sunday in protest against the poor quality and treatment of water in the UK. Coordinated by River Action and led by Chris Packham, the March for Clean Water saw at least 15,000 protesters filter through Westminster to urge Prime Minister Keir Starmer to take immediate action [...]
Water lobby accused of ‘spin’ after claiming public lack knowledge October 1, 2024 The UK's biggest water companies have faced stinging criticism for the amount of sewage leaked into British rivers and seas in recent years.
Water investment bosses meet ministers amid hunt for fresh funding September 10, 2024 Ministers have held talks with bosses of water industry investment firms in a bid to attract fresh capital to the scandal-hit sector. Environment secretary Steve Reed held a roundtable with roughly 30 people representing investors in the sector such as pension funds on Tuesday in the City of London. Reed said he wants the water [...]