News: Northumbrian Water Group plc (NWG.L)

NWG.L on London Stock Exchange

266.80GBp
18 Dec 2009
Price Change (% chg)

-4.00p (-1.48%)
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Tue, Dec 15 2009

PRESS DIGEST - British business - Dec 16

British Airways has filed a legal injunction against proposed strike action by members of the airline's cabin crew. A high court hearing is scheduled for 2 p.m. on Wednesday, with the airline's case being that strike action would be illegal because some of the cabin crew that were balloted may have already accepted voluntary redundancy. BA chief executive Willie Walsh said: "We are absolutely determined to do whatever we can to protect our customers from this appalling, unjustifie

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Northumbrian Water to keep upping dividends

LONDON (Reuters) - Northumbrian Water said it will be able to keep increasing dividends after the regulator called for a smaller-than-expected cuts to water bills over the next five years.

UPDATE 1-Northumbrian Water to keep increasing dividends

* Will not refer price limits to Competition Commission

Ex-div to take 0.30 points off FTSE 100 on Dec 16

LONDON, Dec 14 (Reuters) - The following FTSE 100 company will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout.

Water companies escape big cuts to bills

LONDON (Reuters) - Water bills will barely fall during the next five years, reassuring water companies that had feared the regulator would force them to make much bigger cuts and disappointing recession-hit consumers.

UPDATE 3-UK water companies escape big cuts to bills

* Severn Trent, United Utilities top gainers in FTSE 100 (Adds further analyst comment, updates shares)

FTSE pressured by banks and miners

LONDON (Reuters) - The top share index fell sharply on Thursday, giving back the previous session's gains, weighed by weakness in banks on concerns over possible Dubai exposure, and with miners hit by a fall in metals prices. | Video

Water bills to fall much less than expected

LONDON (Reuters) - Water bills will barely fall during the next five years, disappointing recession-hit consumers and reassuring water companies who had feared the regulator would force them to make big cuts.

FTSE slides 1.7 pct, pressured by banks, miners

LONDON, Nov 26 (Reuters) - Britain's top share index fell sharply on Thursday, giving back the previous session's gains, weighed by weakness in banks on concerns over possible Dubai exposure, and with miners hit by a fall in metals prices.

STOCKS NEWS EUROPE-Water firms up on price ruling

Shares in Britain's water companies jump after regulator Ofwat freezes bills but opts against price cuts, easing pressure on dividends and making it less likely companies will be forced to conduct rights issues.

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