Share tips: Profit from dry summers

Hose-pipe bans have become a regular feature of British summers. Paul Hill tips two stocks that stand to profit from Britain's increasing lack of water.

New Britain Palm Oil (LSE: NBPO), rated a BUY by Liberum Capital

This summer we may have a heat wave, according to the Department of the Environment. If as a result of water shortages the price of vegetables and cereals soar, food producers who import into Britain will do nicely.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.