If you’re not Thames, the water looks lovely for investors | Nils Pratley

Share prices of United Utilities and Severn Trent show investors seem keen to throw capital at the right firmsThames Water, with occasional cameos by ugly little siblings Southern Water and South East Water, grabs most of the attention in the sector for obvious reasons. So it’s easy to overlook what’s happening further north. Short answer: the new era of higher bills and higher spending on water infrastructure will feel splendid if you’re United Utilities, licence-holder in north-west England, o...