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UK 'closely monitoring' Thames Water, ready to act, says minister

REFILE-UPDATE 1-UK 'closely monitoring' Thames Water, ready to act, says minister Adds byline By Muvija M LONDON, Oct 23 (Reuters) - The British government is closely monitoring struggling water supplier Thames Water and is ready to take action if needed, environment minister Steve Reed said on Wednesday , although he ruled out renationalisation of the sector as a whole.
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UK minister 'closely monitoring' Thames Water, prepared to take action

UK minister 'closely monitoring' Thames Water, prepared to take action LONDON, Oct 23 (Reuters) - The British government is closely monitoring Thames Water, environment minister Steve Reed said on Wednesday, adding that he was prepared to take action if needed, as the country's biggest water company fights for its survival. "We're closely monitoring the situation with Thames ...
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London stocks start data-packed week higher; bookmakers fall

UPDATE 1-London stocks start data-packed week higher; bookmakers fall For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.5%; FTSE 250 adds 0.3% Gambling firms slump on potential tax raid Ashmore up after Q1 results Updated at 1615 GMT By Pranav Kashyap and Shubham Batra Oct 14 (Reuters) - The UK's main stock indexes kicked off the week on a high note , powered by gains in utilities and pharma stocks, while gambling firms fell
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UK water utilities gain on RBC's upbeat view ahead of regulator's final determination

BUZZ-UK water utilities gain on RBC's upbeat view ahead of regulator's final determination ** Analysts at RBC Capital Markets expects Britain's water regulator to announce final decision that is positive for the sector's total expenditure, performance benchmarks and returns ** Ofwat will announce final determination for new 5-year regulatory cycle
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UK water firms must cut customer bills by $206 mln for environmental failings

UPDATE 3-UK water firms must cut customer bills by $206 mln for environmental failings Companies unlikely to meet 2020-25 targets Thames Water to lose 57 mln pounds Ofwat CEO blames company culture Adds water industry body in paragraphs 11-12 By Sarah Young LONDON, Oct 8 (Reuters) - Britain's regulator ordered water companies to return a total of 157.6 million pounds ($206 million) to customers after missed environmental targets, the latest penalties slapped on an industry at the centre of a sca
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