CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Pennon Group PLC (PNN) is a British environmental infrastructure group based in Exeter, the UK. The company was founded in 1989. Pennon operates via two core businesses. The Water & Wastewater business includes two subsidiaries, South West Water and Bournemouth Water, and serves a 2.3 million population. The Waste Recycling & Recovery business is represented by the Viridor company, which caters to 150 corporate and 32,000 retail customers across the UK. The group employs around 5,000 people. Pennon shares are traded on the London Stock Exchange (LSE) and included into the FTSE 250 index. View details about the Pennon share price at Capital.com.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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