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Latest Finance News related to Severn Trent

Water, water everywhere: utility firms get green light to sell beyond local regions image
.... Companies – particularly retailers – operating multiple sites around the country are expected to be the biggest beneficiaries, as they will be able to contract a single supplier that will in turn send one bill to cover all locations. Under the existing water supply regime set up when the industry was privatised in 1989, small and medium businesses – along with domestic consumers – can only buy water from their local supplier, such as Yorkshire Water, Severn Trent or Thames Water. ...
Poo power image
Source : BBC [Read Article] Wednesday 16th of November 2016 12:13:10 AM
.... In total, Mr Murray estimates it has saved the firm £15m a year. Rival UK water firms such as Severn Trent and Wessex Water are doing similar things to Northumbrian, and biogas production is common in countries such as China, Sweden and Germany. ...
Women at the top image
Source : BBC [Read Article] Tuesday 20th of September 2016 04:08:42 PM
....According to an interview in the Financial Times, she has renovated at least two houses and is a keen gardener and painter. Liv Garfield was just 38 when she became chief executive of the water firm Severn Trent in 2014. ...
UK households to choose water supplier under Ofwat shakeup image
Source : Guardian [Read Article] Monday 19th of September 2016 07:23:58 AM
....However, the proposed overhaul of British water supply would only save households about £8 a year on their water bill, the industry watchdog said. Under the existing system homeowners can only buy water from a handful of regional suppliers such as Yorkshire Water, Severn Trent or Thames Water. ...
Water market overhaul proposed by Ofwat image
Source : BBC [Read Article] Monday 19th of September 2016 06:04:23 AM
....The process is already happening in the business market which is opening up to competition next April. Several retailers are believed to be interested with United Utilities and Severn Trent already announcing a link to form a new water retail company for business called Water Plus. ...
Severn Trent bubbles up after better than expected profits image
Source : Guardian [Read Article] Tuesday 24th of May 2016 10:57:07 AM
....Angelos Anastasiou, utilities analyst at Whitman Howard, said:. Severn Trent’s results announcement states that “group financial results [are] in line with expectations”, but full year adjusted pre-tax profit and earnings per share are ahead of both our and the market’s expectations. ...
Six things that are more expensive from 1 April image
Source : Guardian [Read Article] Friday 1st of April 2016 05:00:04 AM
....However this figure disguises wide regional variations. For example, while the typical Severn Trent customer will pay a combined bill of £329, a figure that is unchanged on the previous year, an equivalent South West Water customer will have to fork out £488 (which would be £538 if it was not for a £50-a-year government contribution). ...
Severn Trent drops chlorine warning for thousands of homes image
Source : Guardian [Read Article] Saturday 12th of March 2016 06:27:49 PM
. Most homes affected by Severn Trent Water’s chlorine crisis will be able to use their water as normal later on Sunday, the company has said. ...
Ofwat slams water firms for failing vulnerable customers image
Source : Telegraph [Read Article] Thursday 18th of February 2016 09:00:38 AM
.... -1% . Severn Trent . ...
How to get free water and energy saving products to knock £95 a year off bills image
. Over 15m households, including customers of Severn Trent and Yorkshire water, can apply for free water and energy saving products as part of a new push to encourage consumers to reduce their energy and water consumption. ...
Severn Trent in line for £15m regulator reward image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 01:32:25 PM
. Water firm Severn Trent is on track to clinch a £15m pay-out from the industry regulator for over-delivering on its performance targets. ...
Financial stocks drag FTSE 100 sharply lower image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 08:28:29 AM
.... . Shares in Severn Trent slip 5p to £21. ...
In charts: what happens to share prices after a dividend cut?  image
Source : Telegraph [Read Article] Monday 1st of February 2016 08:26:46 AM
.... As you can see, the decided trend was that the shares did very badly. Only two of the dividend cutters, J Sainsbury and Severn Trent, recorded share price rises, and in both cases the rises were very modest. ...
Less than 10% of executive directors at FTSE 100 companies are women image
Source : Guardian [Read Article] Tuesday 29th of December 2015 07:02:10 PM
.... Women make up 7% of corporate leaders on the Stockholm OMX index. Véronique Laury became the chief executive of B&Q owner Kingfisher in January, joining a small group of female CEOs that includes Liv Garfield at water company Severn Trent, Moya Greene at Royal Mail, Alison Cooper at Imperial Tobacco and Carolyn McCall at easyJet. ...
From smoking diesels to Sports Direct: the business year in review image
Source : Guardian [Read Article] Sunday 27th of December 2015 09:00:14 AM
.... Still, perhaps more damaging to the fragile self-esteem in testosterone-filled boardrooms was the make-up of one particular group of five FTSE 100 chief executives that did seem to do well. The five big firms run by women – Véronique Laury at Kingfisher, Liv Garfield at Severn Trent, Moya Greene of Royal Mail, Alison Cooper at Imperial Tobacco and Carolyn McCall at easyJet – all outperformed the market in 2015. ...
Debt-free dividend shares – and those under threat  image
Source : Telegraph [Read Article] Friday 18th of December 2015 04:31:49 PM
.... . The miner joins a list of high-profile FTSE 100 names - including Tesco, Centrica, Severn Trent, Tullow Oil, Morrisons and Glencore - which have reduced dividends paid to shareholders. ...
Sewage sludge to go up for sale and could help power your home image
Source : Telegraph [Read Article] Thursday 10th of December 2015 09:27:14 AM
.... Shares in the utilities sector slid on the consultation, with United Utilities down 1. 2pc and Severn Trent down 0. ...
FTSE 100 bolstered by mining firms image
Source : BBC [Read Article] Thursday 26th of November 2015 10:24:31 AM
.... . Severn Trent shares rose nearly 1% after the water company reported flat half-year revenues of £896m and a 2. ...
Severn Trent profits rise as cost savings trickle through and complaints drop image
Source : Telegraph [Read Article] Thursday 26th of November 2015 08:51:17 AM
. Customer complaints at Severn Trent have fallen by 35pc as the water company reported a 2. ...
Time for banks to quit grumbling and push on with reforms image
Source : Guardian [Read Article] Monday 16th of November 2015 06:45:06 PM
FTSE edges higher despite Greek and China concerns but InterContinental drops image
....It is not the first time that such speculation has arisen and then been denied, but with the firm trading around nineteen times earnings and possessing activist shareholders on its board, the story is likely to return in due course, providing further incentive for investors to book themselves in. Utility shares have fallen back after Exane BNP Paribas cut its rating on Severn Trent to underperform. ...
National Grid in urgent call for companies to reduce electricity usage image
Source : Guardian [Read Article] Wednesday 4th of November 2015 03:27:16 PM
....30pm and 6pm, a period when power demand surges, with some people still at work and others arriving home and turning the lights on. Severn Trent sold power to the National Grid at £2,500 per megawatt hour during the afternoon, industry sources confirmed, compared with the typical price at that time of about £60. ...
Most fund managers not bothered about women on boards, survey finds image
Source : Guardian [Read Article] Monday 12th of October 2015 10:39:43 AM
.... Last month, a report found that companies perform better when they have at least one female executive on the board. Carolyn McCall, chief executive of easyJet, and Liv Garfield, chief executive of Severn Trent water, are among a handful of women leading FTSE 100 companies. ...
15 biggest income paying shares - how safe are their dividends? image
Source : Telegraph [Read Article] Sunday 27th of September 2015 07:05:27 AM
.... . Earlier this month mining firm Glencore became the latest share that resides in Britain’s leading share index, the FTSE 100, to take an axe to its dividend, joining Tesco, Centrica, Severn Trent, Tullow Oil and Morrisons, who have already reduced their income payments in 2015. ...
Questor share tip: US Federal Reserve plays Russian roulette with interest rates image
Source : Telegraph [Read Article] Saturday 19th of September 2015 03:16:53 PM
.... The utility sector is looking particularly exposed to rising rates. We would caution about holding too much of your savings in companies such as Severn Trent, United Utilities, SSE or Centrica. ...
Post Office had such a grasping attitude when my aunt died image
Source : Guardian [Read Article] Sunday 13th of September 2015 06:00:16 AM
....I regard that as scandalous. I can only contrast this with the attitude of Severn Trent Water which immediately agreed to keep the water supply and contract open until the house is sold and made no other demand. ...
Questor share tip: How safe are your FTSE 100 dividends? image
Source : Telegraph [Read Article] Saturday 12th of September 2015 02:30:54 PM
.... Last week mining giant Glencore became the latest FTSE 100-listed company to take the axe to its dividend, leaving income investors out in the cold. Glencore joins Tesco, Centrica, Severn Trent, Tullow Oil and Morrisons who have already slashed payments. ...
Takeover chatter sends United Utilities higher image
Source : Telegraph [Read Article] Monday 7th of September 2015 11:06:35 AM
.... In June, Bernstein downgraded the stock to ‘market-perform’ and slashed its target price by 10p, citing a limited upside to its share price in the near-term. However, in recent months, Deepa Venkateswaran, of Bernstein, says the stock has “unjustifiably derated” compared to its peer Severn Trent. ...
Kuwait eyes consortium bid for London City Airport image
Source : Telegraph [Read Article] Tuesday 18th of August 2015 04:20:26 PM
.... London-based Wren House was set up in 2013 to facilitate direct infrastructure investment by Kuwait’s sovereign wealth fund. Kuwait was part of a consortium that unsuccessfully attempted a £5bn takeover of water utility Severn Trent two years ago. ...
Questor share tips: Defensive shares for a stock market selloff image
Source : Telegraph [Read Article] Monday 29th of June 2015 04:11:34 PM
.... Quite the odd couple. Severn Trent finishes the collection of UK-listed water utility companies and it was also the target of a £22-per-share takeover bid last year from sovereign wealth funds. ...
FTSE soars on Greek hopes and Sky and Severn Trent bid talk image
Source : Guardian [Read Article] Monday 22nd of June 2015 08:45:25 AM
.... We remain fundamentally positive on Sky and believe investors have underestimated the upside to growth from new initiatives and the benefits of scale from the Sky Europe deal. Elsewhere Severn Trent has climbed 55p to £21. ...
Canada's giant pension funds are the new masters of the universe image
Source : Telegraph [Read Article] Sunday 21st of June 2015 08:25:50 PM
.... . The infrastructure arm of the $57bn Ontario Municipal Employees Retirement System is eyeing a second bid for Severn Trent, the UK FTSE 100 water company. ...
MARKET REPORT: Gold prices on the rise image
Source : Daily Express [Read Article] Friday 19th of June 2015 12:01:00 AM
....7p, Randgold Resources rose 119p to 4546p and silver miner Fresnillo climbed 15p to 727p. Water firm Severn Trent and private equity firm 3i Group were the heaviest fallers on the top tier after the stocks went ex-dividend, meaning investors are no longer entitled to the latest pay-out. ...
FTSE 100 rises after US shares gain image
Source : BBC [Read Article] Thursday 18th of June 2015 09:40:27 AM
....In the FTSE 100, a rise in mining company shares was offset by a number of firms going ex-dividend. Among those going ex-dividend, shares in Severn Trent fell 2. ...
Bond rout spells disaster for stock markets as global credit kraken awakens image
.... The utility sector is looking rticularly exposed to this problem. Utility shares are usually seen as defensive during a selloff but we would caution about holding companies such as Severn Trent, United Utilities, SSE, or Centrica during the next downturn. ...
Weekly Money image
Source : Independent [Read Article] Friday 29th of May 2015 11:31:23 AM
Ten shares for dividend growth until 2020 image
Source : Telegraph [Read Article] Thursday 28th of May 2015 07:31:48 AM
.... . As a result, fund managers spend a lot of time trying to identify "dividend growers" while avoiding the companies that cut their dividend, as Tesco, Centrica, Severn Trent, Tullow Oil and Morrisons have this year. ...
Take part in Outdoor Fitness Day and have a crack at a world record image
Source : Independent [Read Article] Sunday 24th of May 2015 01:43:30 PM
....Nine water companies have recently launched social tariffs to help reduce the cost of bills for low-income customers. In total there are now 15 that do so, including Anglian, Northumbrian, Severn Trent and United Utilities. ...
Brexit: would it mean dancing to our own tune, or being out of step with the world? image
.... Not only has Brittain managed to jump sectors – she has spent her entire career as a banker until now – she has managed to take the number of female bosses in the FTSE 100 to six. Brittain joins Véronique Laury at Kingfisher, Liv Garfield at Severn Trent, Moya Greene at Royal Mail, Alison Cooper at Imperial Tobacco and Carolyn McCall at easyJet in the higher echelons of corporate Britain. ...
Brittain boosts women bosses image
Source : Daily Express [Read Article] Saturday 23rd of May 2015 12:01:00 AM
.... Her base salary will be £775,000. The other FTSE 100 female bosses are easyJet’s Carolyn McCall, Imperial Tobacco’s Alison Cooper, Royal Mail’s Moya Greene, Severn Trent’s Liv Garfi eld, and Kingfi sher’s Veronique Laury. ...
Profits flow for Severn Trent image
Source : Daily Express [Read Article] Saturday 23rd of May 2015 12:01:00 AM
Vodafone leads FTSE 100 higher image
Source : BBC [Read Article] Friday 22nd of May 2015 07:32:38 AM
....08%, after a renewed rise in crude oil prices hit travel-related businesses. Water firm Severn Trent fell 0. ...
Costa Coffee group Whitbread hires Alison Brittain as chief executive image
....Whitbread, which owns Premier Inns, Brewers Fayre and Costa Coffee, has seen profits soar as it capitalises on the UK’s seemingly insatiable demand for frothy coffee, as well as growth in the market for budget hotels. Brittain’s appointment takes her into a select group of female CEOs at the top of Britain’s biggest companies that includes Véronique Laury at Kingfisher, Liv Garfield at Severn Trent, Moya Greene at Royal Mail, Alison Cooper at Imperial Tobacco and Carolyn McCall at easyJet. ...
Severn Trent reports fall in profits image
Source : Telegraph [Read Article] Friday 22nd of May 2015 06:44:00 AM
. Severn Trent reported a fall pre-tax profits on its ordinary activities to £148. ...
Whitbread names Lloyds retail boss as new chief executive image
Source : Telegraph [Read Article] Friday 22nd of May 2015 06:29:47 AM
.... Her appointment brings the total number of female bosses at FTSE 100 companies to six. Ms Brittain will join Carolyn McCall of easyJet, Alison Cooper at Imperial Tobacco, Veronique Laury of B&Q-owner Kingfisher, Moya Greene at Royal Mail and Liv Garfield of Severn Trent. ...
Forty per cent of top UK bosses born abroad  image
Source : Telegraph [Read Article] Tuesday 19th of May 2015 04:00:56 AM
.... Women continue to make slow progress in taking control of the top jobs in the UK’s best performing companies. There are now five female CEOs with the appointment of Liv Garfield to run Severn Trent and Véronique Laury-Deroubaix to Kingfisher. ...
....  The postal service gives its second set of results, expecting a 15 per cent boost in profits to £416m. The water utility Severn Trent, wraps up the week on Friday with its results as boss Liv Garfield gets to have her say on what the election means for the company. ...
MARKET REPORT: Packaging group Mondi delivers a profit boost image
Source : Daily Express [Read Article] Thursday 14th of May 2015 08:54:00 AM
. Housebuilders Persimmon and Taylor Wimpey firmed 72p to 1820p and 4¼p to 182¼p after Barratt Developments' bullish trading update, while water company Severn Trent flowed 32p north to 2158p after agreeing to sell its water purification business to joint venture partner, Italy's Industrie De Nora, for £50. ...
Severn Trent jumps after sale of water purification business image
Source : Guardian [Read Article] Wednesday 13th of May 2015 11:02:14 AM
. As leading shares remain in positive territory as UK data and Bank of England comments suggest no early rise in interest rates, Severn Trent is outperforming the general trend. ...
Tory win reignites interest in energy firms image
Source : Daily Express [Read Article] Sunday 10th of May 2015 09:47:00 AM
....Other utility stocks also gained, with energy network operator National Grid closing 4. 1 per cent higher at 906p and water companies United Utilities (999½p) and Severn Trent (2151p) both rising by over 4 per cent. ...
Market Report: China's marginal manufacturing growth triggers speculation about tax cuts image
....Some utilities couldn’t find their way out of negative territory, though – something put down to pre-election jitters. Severn Trent closed down 41p at 2,084p and United Utilities was 13p lower at 958p. ...

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