London close: Stocks rise as US inflation slows more than expected
(Sharecast News) - London stocks ended Thursday on a high note, buoyed by favourable economic data from both sides of the Atlantic.
Read more(Sharecast News) - London stocks ended Thursday on a high note, buoyed by favourable economic data from both sides of the Atlantic.
Read moreLONDON, July 11 (Reuters) - British water utilities have signed up to the government's initial package of reforms for the sector, environment minister Steve Reed said on Thursday after meeting with representatives from 16 companies.
Read moreOfwat sets average bill rise at 21% vs 33% requested
*Read more(Alliance News) - Stock prices in London were mixed going into Thursday afternoon, as investors nervously wait for a key US inflation reading.
Read more(Alliance News) - The UK water-sector regulator on Thursday put forward a proposal that will see household water bills increase on average by GBP19 annually, in addition to inflation, over the next five years.
Read more(Alliance News) - Stock prices in London opened mixed on Thursday, as investors look ahead to a key US inflation reading following the end of US Federal Reserve President Jerome Powell's two day testimony.
Read moreLONDON, July 11 (Reuters) - Shares in British water utilities rose on Thursday after regulator Ofwat told companies to upgrade crumbling infrastructure, but without the big bill increases they had lobbied for.
Read more(Sharecast News) - Water provider Severn Trent has hailed a strong financial performance over its first quarter and said it continues to expect to hit guidance.
Read moreLONDON, July 11 (Reuters) - Britain's water regulator Ofwat said average bills would rise by 21% over the next five years, lower than asked by water companies, in an initial decision on the industry's future amid a sewage pollution crisis and funding problems at Thames Water. (Reporting by Sarah Young, Editing by Paul Sandle)
Read moreRegulator to set out level of permitted bill increases
*Read more(Alliance News) - European equities declined on Tuesday, with markets uneasy due to fears of a French political impasse, while trade in New York was mixed as investors digested comments from Federal Reserve Chair Jerome Powell.
Read more(Sharecast News) - London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.
Read more(Alliance News) - London's FTSE 100 succumbed to an underwhelming start on Wall Street, surrendering earlier post-UK election gains, though the FTSE 250 hung on to close solidly higher.
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