Latest news with #UnitedUtilities
BBC News
12 hours ago
- Climate
- BBC News
Blackburn to get vast £24.5m underground storage tank
A Lancashire town is to get a new £24.5m vast underground storage tank to stop the sewage system being overwhelmed during heavy tank, set for land off Philips Road and Percliff Way in Blackburn, will be 100ft (30m) deep and 100ft wide and reduce storm overflows into the River will be connected by an underground shaft to an existing tank in the same area which was constructed in 2012 and together they will store 15m litres of stormwater, the equivalent of six Olympic-sized swimming company United Utilities said population growth in Blackburn and climate change with more periods of intense rainfall have put additional pressure on the network. Simon Holding, head of wastewater treatment services, said: "These tanks act as huge holding areas for the extra rainwater that enters the sewer network during times of heavy rainfall."Holding it back means it isn't all hitting the wastewater treatment works at the same time and the system is less likely to be overwhelmed."The work is expected to take two years to complete. Listen to the best of BBC Radio Lancashire on Sounds and follow BBC Lancashire on Facebook, X and Instagram. You can also send story ideas via Whatsapp to 0808 100 2230.
Yahoo
4 days ago
- Business
- Yahoo
With 86% institutional ownership, United Utilities Group PLC (LON:UU.) is a favorite amongst the big guns
Given the large stake in the stock by institutions, United Utilities Group's stock price might be vulnerable to their trading decisions The top 13 shareholders own 51% of the company Insiders have sold recently We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To get a sense of who is truly in control of United Utilities Group PLC (LON:UU.), it is important to understand the ownership structure of the business. With 86% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about United Utilities Group. View our latest analysis for United Utilities Group Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. United Utilities Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at United Utilities Group's earnings history below. Of course, the future is what really matters. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. United Utilities Group is not owned by hedge funds. Our data shows that BlackRock, Inc. is the largest shareholder with 12% of shares outstanding. For context, the second largest shareholder holds about 8.8% of the shares outstanding, followed by an ownership of 5.1% by the third-largest shareholder. A closer look at our ownership figures suggests that the top 13 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of United Utilities Group PLC. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own UK£2.4m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. With a 13% ownership, the general public, mostly comprising of individual investors, have some degree of sway over United Utilities Group. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 2 warning signs for United Utilities Group that you should be aware of before investing here. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
4 days ago
- Business
- Yahoo
With 86% institutional ownership, United Utilities Group PLC (LON:UU.) is a favorite amongst the big guns
Given the large stake in the stock by institutions, United Utilities Group's stock price might be vulnerable to their trading decisions The top 13 shareholders own 51% of the company Insiders have sold recently We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To get a sense of who is truly in control of United Utilities Group PLC (LON:UU.), it is important to understand the ownership structure of the business. With 86% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about United Utilities Group. View our latest analysis for United Utilities Group Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. United Utilities Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at United Utilities Group's earnings history below. Of course, the future is what really matters. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. United Utilities Group is not owned by hedge funds. Our data shows that BlackRock, Inc. is the largest shareholder with 12% of shares outstanding. For context, the second largest shareholder holds about 8.8% of the shares outstanding, followed by an ownership of 5.1% by the third-largest shareholder. A closer look at our ownership figures suggests that the top 13 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of United Utilities Group PLC. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own UK£2.4m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. With a 13% ownership, the general public, mostly comprising of individual investors, have some degree of sway over United Utilities Group. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 2 warning signs for United Utilities Group that you should be aware of before investing here. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-06-2025
- Climate
- Yahoo
Drought declared in north-west England amid declining reservoir levels
A drought has been declared in north-west England as reservoir levels dwindle. Hosepipe bans could follow, the Environment Agency said, though this is a matter for water companies, which have been directed to follow their drought plans. Much of the rest of the country is in prolonged dry status, which is the step before drought, and without significant rainfall more areas could follow the north-west. England had the driest period on record between February and April, and despite recent rainfall, rivers are at exceptionally low flows across the country and reservoir levels are declining. Related: England faces drought this summer as reservoir water levels dwindle United Utilities has particularly low reservoir levels: its Carlisle reservoir is at 46.4%,compared with the 92.5% it was at this time last year. The Haweswater and Thirlmere reservoirs are at 47.5%, compared with 94.8% last year. These are the reservoirs which serve areas including Cumbria and Manchester, in the drought area. An Environment Agency spokesperson said: 'The north-west of England has entered drought status due to low water levels in reservoirs and rivers. No other areas in England are in drought and we continue to monitor the situation closely.' Climate breakdown will make droughts more likely, scientists have said, as rainfall becomes less predictable. Richard Allan, a professor of climate science at the University of Reading, said: 'The lack of rainfall across the UK in spring 2025 constituted a meteorological drought and this quickly depleted the soil's moisture, leading to concerns over agricultural drought. Lowering river and reservoir levels are a concern for the north-west of the UK as further dry spells could threaten the supply of water as part of a hydrological drought. 'Droughts are expected to onset more rapidly and become more intense as the planet warms since the atmosphere's thirst for water grows. A warming climate means moisture is more readily sapped from one region and blown into storm systems elsewhere, intensifying both wet and dry weather extremes with wilder swings between them. The only way to limit the increasing severity of wet and dry extremes is to rapidly cut greenhouse gas emissions across all sectors of society.' There have not been any major reservoirs built in England for more than 30 years, but the government has announced that it has approved two to begin construction. The Guardian reported recently that to avert a drought there would need to be rainfall at levels last seen in 2012, when record-breaking deluges caused floods across the country. This does not look likely, with hot, dry weather ahead.
Yahoo
21-06-2025
- Climate
- Yahoo
Reports of no water across area on one of hottest days
A LARGE part of the area around the two towns of Middlewich and Winsford is without water on one of the hottest days of the year. United Utilities received reports of an issue in the CW7 postcode area and the CW10 postcode area in the early hours of today, Saturday. To start the cause was not confirmed but, in an update later in the morning, the cause was confirmed as a burst on Brookhouse Lane. United Utilities are working on the issue on what is one of the hottest days of the year with temperatures in touching distance of 30°C. A spokesperson said: "We are sorry if you are experiencing no water or low pressure. "We are on with it and our team will be in the area as soon as possible to get this fixed." For information on United Utilities incidents go to
