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09.07.2024 - 09:55
Business
Evening Standard
Thames Water blames climate change after sewage discharge into rivers doubles
Thames Water bosses on Tuesday blamed heavy rainfall linked to climate change for a doubling of raw sewage discharges directly into rivers and a spike in the number of times it polluted water courses over the past year.Embattled chief executive Chris Weston admitted that “our performance in pollutions and sewage discharges is not where it …
09.07.2024 - 09:50
Business
Evening Standard
Vistry boosts profits amid outsized demand for affordable housing
Housebuilder Vistry expects a 7% rise in half-year profit amid resilient demand for affordable housing in an otherwise stagnant market.The London-listed company expects £186 million in pre-tax profit for the six months to June 30, up on the same period last year, while the number of homes it completed rose 8% to 7,750 units.Vistry said …
09.07.2024 - 09:46
Business
Euro News
Paramount looks to paint new pictures with Skydance Media
09.07.2024 - 09:44
Business
Sky News
How a series of blunders led Nike to be beaten by younger rivals
These should be good times for Nike. This is an Olympics year, providing a global showcase for its products, while the sports pages are filled daily with any number of stars – among them Jude Bellingham, Emma Raducanu and, next week, Scottie Scheffler and Rory McIlroy – pictured wearing its garb. And yet the business …
09.07.2024 - 09:05
Business
Business Live
Tyneside tech firm TSG completes MBO with multimillion-pound investment
The founders of a Gateshead software firm – including Sage co-founder Sir Graham Wylie – have sold the business in a multimillion-pound management buy-out. Team Valley based Technology Services Group (TSG), a Microsoft Solution Partner focused on SMEs, has been acquired in an MBO following a significant investment from Pictet Alternative Advisors. The firm’s CEO …
09.07.2024 - 08:11
Business
Sky News
Thames Water pins survival hopes on regulator’s shoulders
Thames Water is drowning in debt while its customers frequently swim in effluent, a toxic combination for a company seeking to avoid becoming the greatest failure of privatisation. Thames admitted today it is running out of money as well as time, with enough cash to see it through to next May unless it can attract …
09.07.2024 - 07:28
Business
Sky News
What will happen to tax and interest rates under Labour – and how will benefits change?
Business presenter Ian King has answered 21 questions from readers of the Sky News Money blog on what a Labour government means for your personal finances.How will a Labour government affect benefits?Marie-Kate Ian King says…The expectation is that the UK’s principal disability benefit, Personal Independence Payments or PIP, will change.Labour has promised an overhaul of …
09.07.2024 - 05:58
Business
Euro News
China’s EV exports slow in June as EU imposes tariffs
09.07.2024 - 05:00
Business
Euro News
French elections: Political and fiscal risks persist, experts warn
09.07.2024 - 05:00
Business
Euro News
Carlsberg taps into Gen-Z’s sweet tooth with Britvic buy
09.07.2024 - 04:50
Business
Sky News
Crisis-hit Thames Water reveals when it may run out of cash
Crisis-hit Thames Water has warned its cash remains on track to run dry by the end of May next year due to a lack of new investment, forcing it to prepare a plan for its lenders.The country’s biggest water company, which serves almost a quarter of the population, previously said it had £2.4bn of liquidity …
08.07.2024 - 11:08
Business
Sky News
Bank of England rate-setter casts doubt on August cut
Hopes of a summer interest rate cut have been knocked by a member of the Bank of England’s rate-setting committee.Jonathan Haskel said he wanted to keep interest rates on hold because inflation pressures remain in the jobs market, according to the text of a speech he is due to deliver at King’s College London later …
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