Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksSevern Trent Share News (SVT)

Share Price Information for Severn Trent (SVT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,681.00
Bid: 2,687.00
Ask: 2,689.00
Change: 42.00 (1.59%)
Spread: 2.00 (0.074%)
Open: 2,657.00
High: 2,694.00
Low: 2,642.00
Prev. Close: 2,639.00
SVT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

United Utilities and Severn Trent get top rating for pollution control

Tue, 23rd Jul 2024 09:30

(Alliance News) - London-listed water companies United Utilities Group PLC and Severn Trent PLC on Tuesday both noted they have received the top rating for environmental protection from the UK government.

The pollution control awards come amid rising public concern about the release of untreated sewage into the UK's waterways by privatised utilities.

United Utilities and Severn Trent received the top 4-star rating in the UK Environment Agency's environmental performance assessment for 2023. Only three UK water companies received the top rating, with unlisted Wessex Water as the third.

Severn Trent noted that it has now received the 4-star rating for five consecutive years. It said it is on track for a sixth year after the first six months of 2024. The Environment Agency said "credit to Severn Trent for achieving this for the fifth year running".

The agency added, however: "The performance of most companies lags far behind. We are seeing polarised performance as shown by the number of serious pollution incidents. Over 90% were caused by four water companies – Anglian Water, Southern Water, Thames Water and Yorkshire Water. This is unacceptable."

The agency said it has agreed with its sponsor department, the Department for Environment, Food & Rural Affairs, an increase in inspections of water company assets, with 4,000 planned for the current financial year and more than 10,000 next year.

Last week, water industry regulator Ofwat said all 11 water firms in England and Wales are under scrutiny as part of a major investigation into whether their sewage treatment works are polluting the environment.

Earlier this month, Prime Minister Keir Starmer said the new Labour government will need to "get to grips with" sewage and pollution, while Environment Secretary Steve Reed proposed new measures to reform the sector and "fix our broken sewage system".

United Utilities shares were down 0.9% to 1,008.00 pence early Tuesday in London, while Severn Trent was down 0.7% to 2,496.29p.

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
31 Mar 2025 09:04

LONDON MARKET OPEN: Sentiment "drained" ahead of tariff announcements

(Alliance News) - European equities opened lower on Monday, kicking off the week on the back foot ahead of a planned announcement on reciprocal tariffs from Donald Trump's administration in the US.

Read more
28 Mar 2025 16:52

LONDON MARKET CLOSE: Stocks slump on tariff woe and US data worry

(Alliance News) - The FTSE 100 outperformed as equities struggled on Friday, with tariff and inflation worries keeping enthusiasm to a minimum.

Read more
28 Mar 2025 14:40

London close: Stocks slip as US core inflation tops forecasts

(Sharecast News) - London stocks closed lower on Friday, as investors digested a mix of economic signals, including a surprise rise in US consumer inflation and fresh domestic data.

Read more
10 Mar 2025 12:06

LONDON MARKET MIDDAY: US downturn fear, tariff worry hit stocks

(Alliance News) - European equities struggled on Monday, with trade war worries, US growth concerns and underwhelming data from China keeping a lid on enthusiasm.

Read more
7 Mar 2025 11:28

British water companies fight off $1.9 billion lawsuits over sewage pollution

LONDON, March 7 (Reuters) - Six British water companies on Friday defeated mass lawsuits valued at over 1.5 billion pounds ($1.9 billion) for allegedly under-reporting sewage discharges and overcharging millions of customers.

Read more
7 Mar 2025 11:12

British water companies fight off lawsuits over sewage pollution

LONDON, March 7 (Reuters) - London's Competition Appeal Tribunal on Friday dismissed mass lawsuits brought against six British water companies for allegedly under-reporting sewage discharges and overcharging millions of customers.

Read more
7 Mar 2025 09:51

LONDON BROKER RATINGS: Kenmare Resources raised to 'buy' after bid approach

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

Read more
5 Mar 2025 12:07

LONDON MARKET MIDDAY: Stocks up amid hopes of Trump tariff rollbacks

(Alliance News) - Stock prices in London were in the green at midday on Wednesday, amid news that the UK service sector only grew slightly in January while activity slowed in the eurozone.

Read more
5 Mar 2025 08:58

Severn Trent eyes GBP300 million outperformance in new investment plan

(Alliance News) - Severn Trent PLC outlined long-term investment plans at a capital markets day on Wednesday, setting out strategies for infrastructure upgrades, efficiency improvements, and regulatory outperformance.

Read more
5 Mar 2025 08:55

LONDON MARKET OPEN: FTSE 250 rises as Breedon reaps US entry rewards

(Alliance News) - Stock prices in London opened mostly higher on Wednesday, ahead of composite purchasing managers' index reads from the UK and other regions and after China's beat consensus forecasts.

Read more
5 Mar 2025 07:49

LONDON BRIEFING: FTSE 100 called up despite further tariff threats

(Alliance News) - Stocks were called higher on Wednesday despite promises of further tariffs from the US, following news that China's latest service sector reading surpassed expectations.

Read more
5 Mar 2025 07:42

Severn Trent forecasts net operational outperformance for AMP8

(Sharecast News) - Severn Trent guided towards a net operational outperformance for over the back half of the decade.

Read more
4 Mar 2025 16:57

LONDON MARKET CLOSE: Global stocks knocked as trade war fears bite

(Alliance News) - Stocks fell sharply on Tuesday on concerns tit-for-tit moves on tariffs would spark a full-blown trade war.

Read more
4 Feb 2025 11:59

EXECUTIVE CHANGES: Tullow Oil CFO is interim CEO as search continues

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

Read more
30 Jan 2025 10:19

Yearly water bills in England and Wales to rise by average 26%

(Alliance News) - Households in England and Wales will see an average GBP123 or 26% increase to their yearly water bill from April 1, final figures show.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.