UK-listed water stocks little changed after Burnham unveils public ownership plans
29/09/2026 15:36
BUZZ-UK-listed water stocks little changed after Burnham unveils public ownership plans ** Shares of UK-listed water utilities see-saw between marginal losses and gains after Prime Minister Andy Burnham's proposal to lift a ban on public ownership of water companies
** Under the planned changes, mayors would have new powers to hold water companies to account
** Shares of FTSE 100 .FTSE constituents Severn Trent SVT.L were flat and United Utilities UU.L were up 0.1%
** Shares of FTSE-250 constituent Pennon Group PNN.L down 0.05%
** YTD, as of last close, SVT up ~10.4%, UU up ~18.8% and PNN down ~15.2%
(Reporting by Rishab Shaju in Bengaluru)
((Rishab.shaju@thomsonreuters.com ; +91 9048142177))
Recent news on United Utilities
See all newsUnited Utilities Grp - Director/PDMR Shareholding
United Utilities Grp - Director/PDMR Shareholding
British utilities sector rises day after Burnham speech, JPM says investment thesis still intact
UK-listed water stocks little changed after Burnham unveils public ownership plans
UK PM Burnham plans law change to allow public ownership of water companies (updated)