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Company News
Monday, 04 June 2007 00:00

Southern Water up for sale

Royal Bank of Scotland (RBS) has put their water utility Southern Water up for sale for around £4 billion sources announced on Sunday.

Thursday, 31 May 2007 00:00

United Utilities will de-list from NYSE

United Utilities has announced plans to remove itself from the New York Stock Exchange and de-register from the US Securities and Exchange Commission –in order to reduce compliance costs.

Ofwat today published for consultation its proposal to fine United Utilities Water £8.5 million for non-compliant trading arrangements with associate companies.

Wednesday, 04 April 2007 00:00

Severn Trent announces 600 job cuts

Water Authority Severn Trent revealed yesterday that it will be cutting 600 jobs over the next five years.

GMB to make representation to Government over water companies treating OFWAT as a paper tiger.

Ofwat today launched a consultation into any regulatory issues arising from the new ownership of Thames Water.

Thames, the UK's largest water company, has reported a strong recovery in operational and financial performance in its preliminary results for 2007-08.

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