Severn Trent share price rises as UK water outages drag regulators back into focus
Severn Trent shares rose 1.8% to 2,886 pence in London trading Monday, as water sector stocks drew attention after fresh outages hit South East Water in Kent. Over 5,500 homes lost supply Sunday, prompting the environment secretary to urge a review of South East Water’s licence. Ofwat launched an investigation last week. Investors are watching Severn Trent’s trading update due Feb. 11.