Severn Trent today rejected a takeover approach worth up to £5 billion from a consortium of foreign investors, saying it “completely fails to recognise the existing and potential value” of the FTSE 100 water supplier. However, the City predicted another bid would emerge.
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People and Business: Surprise party - 30 years on
Wednesday 12 May 1999
NICK BRIGSTOCKE, chairman of CSFB's broking side, has been with the same outfit for 30 years. It may originally have been called Phillips & Drew, and then BZW, but it has retained the same core of people through the years.
Rugby Union: Richmond stay put
Tuesday 04 May 1999
RICHMOND YESTERDAY confirmed that they will continue to play at Reading FC's Madejski Stadium next season.
Basketball: Lewis and Duck fire Towers to title
Monday 03 May 1999
LONDON TOWERS were good enough to finish only fourth in the league this season, but last night they took the Budweiser Championship play- off title 82-71 against a Thames Valley Tigers team who had lost their playmaker Casey Arena with a knee injury in Saturday's semi-final win over Manchester Giants.
Thames Water lobbies PM on takeovers
Monday 26 April 1999
THAMES WATER, the country's biggest water company, has stepped up its campaign to be allowed to take over other UK suppliers by lobbying Tony Blair's office directly.
Railtrack probes two near misses
Saturday 17 April 1999
TWO NEAR-MISS rail incidents, including one where a commuter train nearly crashed head-on with another service, were being investigated by Railtrack yesterday.
Water companies defy Byatt with plans for price rises
Saturday 17 April 1999
BRITAIN'S 27 water companies have defied the Government and Ian Byatt, the water regulator, by seeking inflation-busting price rises in the business plans they have submitted for the next five years to Ofwat.
Basketball: Robinson faced with one-year suspension
Saturday 10 April 1999
JUST AS Derby Storm put one of their disciplinary problems behind them, another surfaced for the Budweiser League club yesterday, when their American player Maurice Robinson was banned from the game for one year after failing to supply a complete urine sample during a Sports Council doping control test.
Water groups defy price cut demand
Saturday 10 April 1999
THREE of the UK's biggest water companies yesterday threw down the gauntlet in their battle with the water regulator, Ofwat, over the amount they can charge customers for the next five years. Only one, Thames Water, is proposing a cut in bills.
Boy, 2, drowns in Thames
Tuesday 06 April 1999
A TWO-YEAR-OLD boy drowned yesterday after falling from a pleasure boat into the River Thames. Police were called to the river bank at Donnington Bridge in Oxford just before midday after the child disappeared from view.
Rowing: Fair start for the Boat Race
Friday 02 April 1999
THE BOAT RACE crews, with little over 24 hours to go, have cut their training to the minimum with the few remaining sessions devoted to precision work and practice race starts. They go from the stake boats moored in the stream with the unfamiliar sensation of the Tide running underneath. This year the Umpire, Mark Evans, an Oxford Blue and 1984 Olympic champion, has decreed that the blades must remain flat on the water until he calls "go".
Otters to be tempted back to the river Thames
Wednesday 24 March 1999
A PROJECT to tempt otters back to the Thames was launched yesterday by Sir David Attenborough, the wildlife broadcaster, and Michael Meacher, the Environment minister, who posed with two tame otters near Maidenhead in Berkshire.
Rising waters threaten London
Thursday 18 March 1999
RISING WATER levels beneath London are to be tackled by drilling a network of boreholes aimed at preventing hundreds of millions of pounds worth of damage to buildings and the Underground system.
- 1 'Sickening, deluded and unforgivable': Bloody attack brings terror to capital’s streets
- 2 Mothers' diets may harm IQs in two-thirds of babies
- 3 Gay couple beaten in park urge MPs to moderate language on gay marriage
- 4 After woman sells virginity for $780,000, here are the results of our prostitution survey
- 5 Far-right French historian, 78-year-old Dominique Venner, commits suicide in Notre Dame in protest against gay marriage
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