Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

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  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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United Utilities Grp (UU.)

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Thursday 19 September, 2013

United Utilities Grp

Trading Statement

United Utilities Group PLC

19 September 2013

                        UNITED UTILITIES TRADING UPDATE                        

Current trading is in line with the group's expectations for the six months
ending 30 September 2013. The company remains firmly on track to deliver its
2010-15 regulatory outperformance targets and has delivered further customer
service improvements through strong operational focus.

Revenue is expected to be higher than the first half of last year, reflecting
the regulated price increase for 2013/14. As indicated previously, this revenue
increase is expected to be slightly below the allowed regulated price rise,
principally reflecting the on-going impact of a tough economic climate on
volumes. Underlying operating profit for the first half of 2013/14 is
anticipated to be moderately higher than the first half of 2012/13, as the
company continues to tightly manage its cost base.

United Utilities has made good progress on its regulatory capital investment
programme and, as planned, expects to invest around £800 million in 2013/14,
including infrastructure renewals expenditure. This substantial investment
helps to maintain and improve services for customers, delivers further
environmental benefits and provides a significant contribution to the regional

The underlying net finance expense for the first half of 2013/14 is anticipated
to be similar to the first half of last year. Group net debt at 30 September
2013 is expected to be slightly higher than the position at 31 March 2013. This
principally reflects expenditure on the regulatory capital investment
programme, payment of the 2012/13 final dividend and payments in relation to
interest and taxation, largely offset by operational cash flows and fair value
gains on the group's debt and derivative instruments. Gearing remains stable
and comfortably within Ofwat's assumed range, supporting a solid A3 credit
rating for United Utilities Water.

The company is well advanced in preparation of its business plan for the
2015-20 period following extensive consultation with customers, regulators and
other stakeholders and is on track for plan submission to Ofwat, as required by
2 December this year.

United Utilities will announce its half year results on 27 November 2013.

United Utilities contacts:

Gaynor Kenyon, Corporate Affairs Director           +44 (0) 7753 622282 
Darren Jameson, Head of Investor Relations          +44 (0) 7733 127707 
Peter Hewer / Michelle Clarke, Tulchan              +44 (0) 20 7353 4200

This announcement is also available at:

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