Footsie buoyed by water companies

Water companies buoyed the FTSE 100 Index today after regulator Ofwat signalled price rises at the top end of industry expectations.

Thu, 02 Dec, 2004 - 17:45

Water companies buoyed the FTSE 100 Index today after regulator Ofwat signalled price rises at the top end of industry expectations.

United Utilities and Severn Trent led the Footsie risers board while shares in a clutch of smaller companies gained by as much as 7%.

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CourtsBusinessHeathrowPlace: LondonPlace: UKPlace: west central ScotlandPlace: BPPerson: Gordon BrownOrganisation: FootsieOrganisation: OfwatOrganisation: United UtilitiesOrganisation: Severn TrentOrganisation: AWGOrganisation: Northumbrian WaterOrganisation: Yorkshire WaterOrganisation: BPOrganisation: ShellOrganisation: Cairn EnergyOrganisation: BGOrganisation: British AirwaysOrganisation: De La RueOrganisation: RankOrganisation: HolidaybreakOrganisation: Reed Elsevier
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