UU trading in line as Ofwat dialogue goes on

WATER company United Utilities says it is trading in line with City expectation and its half year profits will be at a "similar level" to the £323.3m it made in the first half of 2013.

The Warrington-based group said it was continuing to work with regulator OFWAT to find an agreement on the terms of a new five-year deal to supply homes and business in the region.

UU said: "Current trading is in line with the group's expectations for the six months ending 30 September 2014. Customer service continues to improv... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...