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Sky News
Thames closer to end game as UK pays high price for failure of water industry oversight
Ofwat’s determination that customer bills must rise 21% on average to keep the water industry afloat amounts to an admission of a torrent of failures; of regulation, of foresight, and the management of regional monopolies that at times appear to be competing only to prove that the 35-year privatisation regime has been a mistake.The fact …
Business
Evening Standard
Consumers set to learn of likely water bill rises over next five years
Consumers in England and Wales are set to learn how much their water bills are likely to rise by over the next five years, and what firms will have to do to improve their services in return.Regulator Ofwat will release its ‘draft determinations’ on Thursday, when it signs off on firms’ requests for bill rises …
Business
Euro News
Earnings preview: US big banks may see profit decline in the second quarter
Business
Euro News
‘Eurostars’: The rise of Europe’s answer to the US ‘Magnificent 7’
Business
Euro News
VW mulls putting the brakes on Brussels Audi plant due to low demand for EVs
Business
Business Live
Hull and East Yorkshire Business Awards return to celebrate area’s best firms
The Hull and East Yorkshire Business Awards are back, and in new hands. Launched by the Hull Daily Mail almost a quarter of a century ago, quickly becoming one of the hottest tickets in the city, the annual event has now been taken on by Top 30 Under 30 founder Simon Jones. The Hessle-based entrepreneur …
Business
Euro News
Private equity execs leaving UK over Labour tax crackdown fears
Business
Euro News
Private equity bosses ponder leaving UK over Labour tax rise fears
Business
Evening Standard
Airlines face compensation claims after Supreme Court ruling on pilot illness
Airlines face having to pay compensation for flight cancellations caused by pilots falling ill while off duty after the Supreme Court ruled it does not amount to an “extraordinary circumstance”.Kenneth and Linda Lipton took BA Cityflyer, an arm of British Airways, to court after they arrived in London from Milan in January 2018 more than …
Business
Evening Standard
Crest Nicholson considers higher £700m takeover approach from rival Bellway
Crest Nicholson has said it could be willing to back a new takeover approach from rival housebuilder Bellway worth £700 million, as bid interest swirls around the firm.The Surrey-based business said Bellway had put an improved bid on the table after two takeover approaches were rejected in May for being too low.Bellway’s latest offer would …
Business
Evening Standard
Travis Perkins hires former Taylor Wimpey boss as chief executive
Building supplies firm Travis Perkins has hired former Taylor Wimpey boss Pete Redfern to its top post as the group looks to turn around its fortunes.Travis – which also owns the Toolstation chain – said Mr Redfern will become chief executive on September 16 when Nick Roberts leaves after five years.The group announced in March …
Business
Euro News
Mulberry hopes to bag a winner with new CEO after sales see a fall

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