Severn Trent to increase water bills below inflation until 2020
2nd Dec 2013 11:05
Water company Severn Trent is raising household bills in the five years to 2020, but pledged to keep increases below inflation amid pressure from government and watchdogs to help cash-strapped consumers. Severn, which supplies more than 4.2m households and firms across central England and mid-Wales
Read moreWednesday broker round-up UPDATE
27th Nov 2013 09:14
Aviva: Nomura moves target price from 474p to 489p retaining a buy recommendation. Bellway: Numis upgrades to buy with a target price of 1690p. Breedon Aggregates: Jefferies starts with a target price of 42p and a buy recommendation. Britvic: UBS ups target price from 575p to 600p and keeps a neu
Read moreLondon open: Markets edge higher ahead of UK GDP figures
27th Nov 2013 08:15
- Second estimate of Q3 UK GDP due for release - Plenty of economic data from the States - Ex-dividend stocks limit gains in London techMARK 2,654.69 +0.19% FTSE 100 6,649.71 +0.20% FTSE 250 15,370.31 +0.42% UK markets edged higher on Wednesday morning despite some ex-dividend stocks capping gains
Read moreWednesday share tips: Sveren Trent, Breedon Aggregates
27th Nov 2013 08:09
Tuesday's shares price fall in Severn Trent is a bit of a surprise. Its interim results yielded no negative surprises and the company is by design quite stable financially from an investor's point of view. Hence, it is most likely that markets are already eyeing the year of uncertainty ahead as wate
Read moreLondon midday: Stocks fall as investors await US data
26th Nov 2013 11:28
- Thanksgiving holiday to affect trading volumes - BTG jumps after Varithena approval - De La Rue, Mitchells & Butlers, Britvic gain after results - Glencore Xstrata drops on Las Bambas developments techMARK 2,652.61 +0.05% FTSE 100 6,663.62 -0.46% FTSE 250 15,343.14 +0.28% UK stocks headed slight
Read moreLondon open: Stocks head lower ahead of quiet day
26th Nov 2013 08:31
- Thanksgiving holiday to affect trading volumes - Britvic, De La Rue, Mitchells & Butlers gain after results - Severn Trent delivers flat first half techMARK 2,647.48 -0.15% FTSE 100 6,682.98 -0.17% FTSE 250 15,321.35 +0.14% UK markets opened slightly lower on Tuesday morning as investors showed
Read moreSevern Trent delivers flat first half
26th Nov 2013 07:01
- PBIT and revenues flat - In line with full year expectations Underlying first-half profits were flat at Severn Trent as a robust start by the water business was not enough to compensate for a lower contribution from the services arm. In the six months to September 30th, underlying profits befor
Read moreTuesday newspaper round-up: House prices, Severn Trent, Bitcoins
19th Nov 2013 07:35
A crash in house prices is one of the fastest-growing risks for Britain's lenders, according to a survey by the Bank of England. Banks, hedge funds and insurers told the central bank that the housing market was becoming a "bubble" that posed dangerous threats to financial stability. They also warned
Read moreLondon midday: Aberdeen, financials lead markets higher
18th Nov 2013 11:34
- Aberdeen rockets after acquisition of SWIP, results - Petrofac plummets after cautious guidance - FOMC minutes and China reforms in focus techMARK 2,647.58 -0.06% FTSE 100 6,721.15 +0.41% FTSE 250 15,272.88 +0.17% After a subdued start, UK markets pushed into positive territory by Monday lunchti
Read moreMonday newspaper round-up: BBA, Tesco, Severn Trent
18th Nov 2013 10:05
The British Bankers' Association (BBA) has warned Chancellor George Osborne that the lack of an end date to his flagship Help to Buy programme could cause serious distortion in the housing market, The Daily Telegraph has learned. Tesco has been accused of carrying its rubbish in food trucks to cut
Read moreLondon open: Stocks slip ahead of quiet day
18th Nov 2013 08:23
- Quiet day on the macro front - Capita, Severn Trent fall after CEO exits - Aberdeen jumps after annual results, acquisition - Petrofac slumps on cautious guidance techMARK 2,636.54 -0.48% FTSE 100 6,682.77 -0.16% FTSE 250 15,223.14 -0.15% Markets opened slightly lower on Monday morning as invest
Read moreBT Openreach CEO Garfield to run Severn Trent
18th Nov 2013 07:21
- Liv Garfield to head up Severn Trent - Tony Wray to retire next year Liv Garfield, currently the head of BT Group's Openreach programme, is set to become the Chief Executive Officer (CEO) of Severn Trent as of next year. Garfield replaces Tony Wray who has announced his intention to retire from
Read moreLondon close: FTSE 100 at four-week low on policy concerns
13th Nov 2013 16:36
- FTSE 100 sinks to lowest level since mid-October - Rate-hike speculation follows BoE Inflation Report - Sainsbury up after strong first half techMARK 2,625.69 -0.83% FTSE 100 6,630.00 -1.44% FTSE 250 15,179.84 -1.23% UK stocks declined sharply on Wednesday as investor risk appetite was scaled ba
Read moreLondon midday: Investors cautious ahead of US jobs report
8th Nov 2013 11:34
- FTSE down 32 points - Investors await jobs report - Surprise fall in UK construction output techMARK 2,625.04 -0.68% FTSE 100 6,664.27 -0.49% FTSE 250 15,302.27 -0.57% The FTSE continued to sit firmly in the red by lunchtime as investors await today's all-important jobs report, which will be a
Read moreLondon close: Markets higher on positive economic data
4th Nov 2013 16:28
- Miners gain after China data - HSBC beats forecasts with Q3 results - Weir, Ryanair issue profit warnings - ECB rate-cut speculation does the rounds techMARK 2,651.30 -0.24% FTSE 100 6,763.62 +0.43% FTSE 250 15,503.06 +0.31% Upbeat economic data from across the globe lifted the UK stock market o
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