BusinessCompany NewsBaroness Noakes buys into Severn Trent

Baroness Noakes buys into Severn Trent

Severn Trent's non-exec buys her first shares in the company

Baroness Noakes has spent £60,000 on shares in Severn Trent, where she serves
as a non-executive director.

The shadow minister for the Treasury joined the board on 29 February,
purchased 4,000 shares at 1,474.6p each.

Pre-tax profits at the water company rose by 16% to £292m, for the year-end
to March.

Further reading:

Peer blasts audit guidance proposals

Financial power list
2008

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