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Sky News
Thames Water boss refuses to rule out bill increases of up to 40% to secure company’s future
The chief executive of Thames Water has refused to rule out bill increases of up to 40% for customers as the troubled company tries to secure its future.It comes as the business, which serves nearly a quarter of the UK’s population, struggles with more than £15bn of debt and the huge interest payments required to …
Business
Evening Standard
Rail passengers warned of fresh travel chaos as drivers strike again
Business
Sky News
Farage turns fire on Travers Smith over debanking report
The former UKIP leader Nigel Farage is demanding that a major City law firm discloses information that it holds about him, accusing it of “trying to hide the truth” as he fires another salvo in his debanking campaign.Sky News has learnt that Mr Farage has filed a data subject access request (DSAR) to Travers Smith, …
Business
Business Live
AD FEATURE: SMEs adapt recruitment approach to counter cost-of-living pressures
With challenges such as cost-of-living pressures sitting high on the agenda for businesses in 2024, the Skills for Life campaign’s ‘Skills Horizon 2024 Barometer’, has found that 64% of SMEs in England are deploying lower-cost recruitment tactics to continue investing in talent. Many employers will relate with the SMEs that cite the top concerns for …
Business
Sky News
Disgraced ‘crypto king’ jailed for 25 years after stealing billions of dollars from his customers
Disgraced crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted of stealing billions from his customers. He was the chief executive of FTX, which suddenly went bankrupt in November 2022 – leaving millions of users frozen out of their accounts and unable to make withdrawals. The 32-year-old could have …
Business
Sky News
‘Hubris, incompetence and greed’: Why Sam Bankman-Fried’s jail term is end of an era for crypto
Sam Bankman-Fried was breathlessly described as a wunderkind – a boy wonder transforming the world of finance.Renowned for his messy hair and unkempt appearance, he graced the covers of Forbes and Fortune, who pondered whether he could become the next Warren Buffett. The 32-year-old was the founder of FTX, which had quickly become the world’s …
Business
Sky News
Thames Water shareholders blame Ofwat as they pull funding
Shareholders in troubled Thames Water have blamed Ofwat for not giving the “regulatory support” needed to help the company’s turnaround plan.The nine shareholders said they had been in talks with Thames Water and the regulator to try and find a way through the “complex challenges” facing the company. But in a statement, they said: “After …
Business
Euro News
Which provided a higher yield in the last decade: Bitcoin or a house in London?
Business
Euro News
Diageo price hike fails to bring cheer to hospitality sector
Business
Sky News
Insurers warned again over values placed on written-off and stolen cars
Insurance companies have been told they must offer full value to settle claims relating to written-off and stolen cars after further “shortcomings” were found by an industry regulator.A review by the Financial Conduct Authority (FCA) found that some firms were offering customers less than their vehicle was worth and, in some cases, only increased the …
Business
Euro News
Member states invest in new euro coins to celebrate special events
Business
Euro News
ProSieben board turns down bid by MFE to split German broadcaster

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