Severn Trent Water outlines plans for 'transformational' £470m investment programme after hiking water bills

  • 📰 ShropshireStar
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Severn Trent Water has outlined plans for a 'transformational' £470m investment in Shropshire it says will improve services for customers, boost water supplies, improve river health and create 7,000 jobs.

Severn Trent Water outlines plans for 'transformational' £470m investment programme after hiking water bills

"Real progress has already been made and when it comes to reducing spills, we've implemented 116 solutions across Shropshire storm overflows this year alone thanks to £1bn of accelerated investment from our investors to help us to deliver faster. It said roles will be recruited at Severn Trent and in its supply chain that will also support new apprenticeships and skills programmes during the next five years.as part of a £420 million project to install 119 miles of new water pipes in the county.

"We’ve secured these huge investment plans, and have ensured that bills remain the second lowest in England, with one the biggest financial support schemes for anyone who needs it," added Mrs Miles.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MPs criticise Severn Trent Water for prioritising dividends over infrastructure investmentMPs have written to Severn Trent Water to criticise the company for prioritising dividends and bonuses over infrastructure investment.
Source: shropshirelive - 🏆 55. / 63 Read more »

Major water company uses accounting trick to inflate balance sheet by £1.68bnA substantial Severn Trent Water investment is based on IOU notes - BBC Panorama finds.
Source: BBCShropshire - 🏆 86. / 53 Read more »