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Company News

South East Water has reached a milestone in the company’s compulsory metering programme with the installation of the 100,000th water meter in the Customer Metering Programme.

United Utilities has appointed Helen Samuels as its new Engineering Director.

South East Water has submitted its plans to Bracknell Forest Council and Surrey Heath Borough Council for a new £6.5 million water pipeline to help to secure water supplies for existing and future customers.

Severn Trent Water’s new wind turbine came onstream at Wanlip last week - the wind turbine is one of four located at the utility’s sewage treatment works, with two in Derby and one in Newthorpe, near Nottingham.

Over 60 small businesses will today begin an intensive, five day, trade mission aimed at boosting trade with Central and Eastern Europe, led by Trade Minister Lord Livingston.

An investigation into accounting irregularities at Speedy Hire’s International Division has confirmed that they were the result of deliberate actions by employees.

Interserve, the international support services and construction group, has announced a 12% growth in revenues to to £2,192.6m and a record £6.4bn future order book with the publication this morning of its annual results for the year ended 31 December 2013, as well as announcing the proposed acquisition of Initial Facilities for £250 million.

Water industry regulator Ofwat has approved an application by Source for Business Ltd, part of South West Water, for a water supply licence under section 17A of the Water Industry Act 1991.

Fitch Ratings has revised the Outlooks for Yorkshire Water Services Bradford Finance Limited, (Programme Issuer), Yorkshire Water Services Odsal Finance Limited and Yorkshire Water Services Finance Limited to Negative from Stable following Ofwat’s PR14 risk and reward guidance.

Costain, one of the UK’s leading engineering solutions providers, has announced that its forward order book has risen 25% to £ 3 billion with the publication today of its results for the year ended 31 December 2013.

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