UK Markets 1 May 2026

United Utilities Rises Again With Thames Water in Focus

United Utilities Rises Again With Thames Water in Focus

United Utilities Group PLC climbed Tuesday, building on its rebound in London. Investors revisited the water utility’s £800 million share sale and bigger infrastructure plan. Thames Water’s ongoing rescue talks kept sector risk in focus. The North West England water and wastewater group traded up 23 pence to 1,329 pence, a gain of 1.76%, as of 14:01 BST. Shares started at 1,306 pence and have touched as high as 1,497 pence in the past year. Market data valued the firm at roughly £9.88 billion.
May 19, 2026
Severn Trent Plc Shares Drop After Citi Cut as UK Water Stock Rally Hits a Test

Severn Trent Plc Shares Drop After Citi Cut as UK Water Stock Rally Hits a Test

Shares of Severn Trent Plc slipped Friday, with Citigroup downgrading the U.K. water utility to “neutral” from “buy” and dampening yesterday’s big sector bounce. AJ Bell’s market roundup noted that both Severn Trent and United Utilities lost ground after Citi’s move to lower ratings for the pair. This shift is significant as investors weigh whether water utilities can shoulder major network outlays and still keep market backing. Public scrutiny over infrastructure is mounting, and Thames Water remains under the microscope after fines and lawsuits from environmental regulators, according to Reuters’ writeup on United Utilities.
May 1, 2026