Finance and investment

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Severn Trent ramps up sewer monitoring

Severn Trent is ramping up its use of smart sewer monitoring devices after the success of a trial. The company reported 25 per cent fewer blockages and a 15 per cent reduction in pollution incidents during the first year of AMP7

5 years ago

Wholesale costs see price cap rise by £100

5 years ago

United Utilities sells stake in overseas water company

United Utilities has sold the stake it has held in Estonian water company Tallinna Vesi for more than 20 years. It will use the proceeds from the sale for its green recovery plans for the north west region

5 years ago

PAC tells Treasury to put environment at heart of spending decisions

5 years ago

Water bills to fall amid surge in uptake of support

Household water bills are set to drop by an average of £2 from April, which after inflation will be the same rate as a decade ago. Bills and reductions vary between companies, but most households will save at a time when more customers across England and Wales are accessing payment support schemes than ever before.

5 years ago

Time to act on Covid-related energy debt

5 years ago

SSE expects to take £200m hit from pandemic

SSE has confirmed it expects to see its earnings reduced by roughly £200 million over its current financial year due to the effects of the coronavirus. In a third quarter trading update, the company said the impact of the pandemic on its operating profit is anticipated to fall towards the middle of the £150 million to £250 million range originally estimated in its last full-year results in June 2020.

5 years ago

UK risks EV charging blackspots without funding boost

The government should hold Contracts for Difference (CfD) style auctions to spur a five-fold increase in the growth of electric vehicle (EV) charging infrastructure network this decade, a right of centre thinktank has urged.

5 years ago

NI Water begins construction on treatment plant

NI Water has hailed a wastewater treatment plant as an example of what the company can do when adequately funded

5 years ago

Megaprojects can be built on time and on budget – if you know how

5 years ago

Treasury drops net zero commitment from its Green Book

The Treasury will not include a requirement on departments to explain how they will meet net zero emissions in its guidance for appraising government spending.

5 years ago

UU issues first sustainable bond

United Utilities has issued £300 million sustainable bonds to fund investment in infrastructure, the environment and to support customers who struggle to pay their bills

5 years ago

RIIO-ED2 must be the platform for achieving net zero for all

Western Power Distribution chief executive Phil Swift writes about the commitments outlined in the company’s business plan for 2023-2028 and the collaboration that underpins it.

5 years ago

Pandemic setbacks raise Hinkley build cost by £500m

5 years ago

Defra approves fast-track spending for Anglian

5 years ago

Yu Group sees digital dividend

5 years ago

Anesco to build 200MW solar portfolio for Gresham House

5 years ago

Shell buys UK’s largest public EV network

5 years ago

Investors express alarm at CMA U-turn

5 years ago

Regulation not legislation key to ending CSOs

New commitments for water companies, Ofwat and the Environment Agency to increase transparency and reduce the reliance on storm overflows have been made in response to Philip Dunne's Sewage (Inland Waters) Bill. Utility Week speaks to the chair of the Environmental Audit Committee.

5 years ago