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The Latest Breaking News from Severn Trent

Utility stocks support FTSE 100 in nervy trade

The FTSE 100 Index closed up 28.13 points at 10,600.37.

Evening Standard

South East Water to pay £30.5m penalty after multiple supply failures

Ofwat says repeated errors led to ‘real disruption and hardship for residents and businesses across many years’

The Guardian - UK

Severn Trent spared Ofwat fine after ‘serious’ waterwaste and sewage failures

Regulator found ‘unacceptable’ breaches in water company’s handling of drainage and sewage network

The Guardian - UK

From analysis to the latest developments in health,
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Severn Trent Water avoids fine despite ‘serious and unacceptable’ wastewater failings

The water watchdog has been investigating how wastewater and sewage networks are managed across the industry

The Independent UK

Severn Trent avoids fine for wastewater failures after taking ‘accountability’

The water watchdog has been investigating how wastewater and sewage networks are managed across the industry.

Evening Standard

Severn Trent doubles CEO reward plan to £3.1m despite anger over water pay

Increase to long-term incentive plan means James Jesic could significantly outearn predecessor Liv Garfield

The Guardian - UK

‘Complicated and expensive’: Burnham is right about the risks of nationalisation

Track record of Welsh Water shows changing ownership status is not the answer to all the woes in the utilities sector

The Guardian - UK

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The English community that brought its river back from the brink: ‘If we can get it right here, we can do it everywhere’

For 150 years, the Mease had been altered by human hands, which destroyed habitats. But in 2013, a restoration project began – and now its wetlands are abuzz with wildlife

The Guardian - UK

Severn Trent H2 Earnings Call Highlights

Severn Trent (LON:SVT) executives said the water utility is seeking to unlock additional investment in asset health through regulatory reopeners, while emphasizing that its current financing plans do not require additional equity before 2030. Speaking on his first annual results call as chief execu

MarketBeat

Oil price gains and Westminster worry sink stocks

The FTSE 100 closed down 177.56 points, 1.7%, at 10,195.37.

Evening Standard

If you’re not Thames, the water looks lovely for investors

Share prices of United Utilities and Severn Trent show that investors seem keen to throw capital at the right firms

The Guardian - UK

FTSE 100 rallies as oil eases and Bank of England holds rates

The FTSE 100 closed up 165.71 points, or 1.6%, at 10,378.82.

Evening Standard

'They Don't Know 15:00 Means 3pm': Shock as Severn Trent Boss Says Apprentices Struggle Telling Time and Basic Maths

A growing number of apprentices lack basic maths skills, raising concerns about workforce readiness, financial understanding, and widening inequality across Britain.

International Business Times UK

Water firms sent bailiffs to tens of thousands of homes for debts under £1,000

Most recorded visits are for smaller debts, data from England and Wales suggests, though method of recovery is a postcode lottery

The Guardian - UK

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Evening Standard

Women bosses face more scrutiny than men, says chief of Government-backed review

The chief executive of the FTSE Women Leaders Review said firms can have a tendency to ‘fish in the same pool’ for top bosses.

Ideal Home

Can I move a drain as part of an extension project? Experts reveal when you will and won't need permission and how you get it

Experts reveal when you will and won't need permission and how you get it

The Independent UK

Severn Trent chief executive to step down after becoming longest serving female boss in FTSE 100

Liv Garfield is currently the longest serving female boss in London’s blue chip share index, followed by GSK chief executive Dame Emma Walmsley,

Evening Standard

Severn Trent boss to step down after 11 years in top role

Liv Garfield is currently the longest serving female boss in the FTSE 100.

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news in one place.

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The Guardian - UK

Thames Water ranked worst supplier in England as firms’ ratings hit record low

Environment Agency rates eight of nine companies as poor and needing improvement

The Guardian - UK

English water firm doubles CEO’s pay despite ‘elevated concern’ over finances

Boss of Affinity Water, which serves 3.9 million customers in London and south-east, receives £1.6m

Evening Standard

Premier Inn owner appoints Severn Trent boss as new chairwoman

Christine Hodgson joins partway through a five-year growth plan at the company, which involves building thousands more hotel rooms.

Evening Standard

Severn Trent enjoys bumper profits as water bills soar

The water firm, which hiked customer bills by an average of 21% in April, saw profits rise by more than half to £320 million last year.

Evening Standard

Residential street flooded as burst main shoots 100ft jet of water into the air

Some properties in Sneedhams Green in Matson, Gloucester, were left without supplies.

The Guardian - UK

United Utilities boss admits water firm ‘isn’t good enough at stopping sewage dumping’

Louise Beardmore, boss at England’s worst-polluting firm, tells MPs pollution rise partly down to extra monitors and wet weather

The Independent UK

Severn Trent to increase shareholder dividends as water bills rise

It came as the water firm said its financial performance up to January 23 ‘remains on track’.

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