Castle Water offers £1bn extra for Thames Water rescue
Castle Water proposes a £1bn larger cash injection than rivals to rescue debt-laden Thames Water and tackle its pollution crisis. Will this offer break the deadlock?
Category : Search result: utilities sector
DJ's 24-hour broadcast protest against sewage spills
Lake District Radio DJ Lee Durrant hosts a 24-hour marathon playing number two hits to protest illegal sewage dumping in Windermere, threatening wildlife and human health in the national park.
Australian Public Service Wages Jump 3.4%
New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.
Thames Water Crisis: £1.1bn Funding Collapses
Exclusive: Thames Water's emergency funding plan collapses as shareholders refuse £1.1bn injection, raising fears of potential special administration and creating turmoil for UK's largest water supplier.
Thames Water faces £74m penalty in Ofwat crackdown
England's water regulator Ofwat imposes £88 million in penalties on Thames Water and other suppliers for missed targets, as the sector faces mounting debt and environmental challenges.
Water giants investigated over potential customer overcharging
Major UK water suppliers including Southern Water and Anglian Water are under investigation by the Competition and Markets Authority for potentially overcharging customers by hundreds of millions.
Five UK water companies face government crackdown over pollution
Exclusive investigation reveals five major water companies including Thames Water and Anglian Water face potential special measures after repeated environmental breaches. Discover which suppliers are failing customers and the environment.
Thames Water: Temporary Renationalisation Looms
As Thames Water teeters on the brink of collapse, temporary state control appears increasingly inevitable. Explore the financial quagmire and why renationalisation might be the least worst option for Britain's largest water company.
Thames Water faces High Court over £18bn debt crisis
Britain's largest water company Thames Water is locked in a legal battle with regulator Ofwat as it struggles with £18 billion debt and potential collapse, threatening London's water supply.
Thames Water Collapse Fears: Government Prepares Contingency
Exclusive: Thames Water faces High Court hearing as government contingency plans are revealed amid fears of financial collapse affecting 15 million customers across London and the Thames Valley.
Thames Water Faces High Court Winding-Up Petition
Britain's largest water supplier Thames Water confronts potential collapse as creditors file High Court petition over unpaid debts, raising concerns about London's water security.
UK Economy Stagnates as Construction Output Plummets
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
Labour unveils pay boost and reform for England's care sector
The Labour government announces transformative plans to tackle England's care crisis with significant pay increases and a new national negotiating body, marking the biggest reform in decades.
Private sector jobs surge past pre-pandemic peak
Exclusive analysis of ONS figures shows a dramatic jobs market reversal, with private sector employment hitting a record high as the public sector workforce contracts for the ninth consecutive quarter.
Govt axes water social tariff as bills set to soar 44%
Exclusive: Government abandons promised social tariff for water bills, leaving struggling households across the UK to face crippling price hikes of up to 44% from Thames Water and other suppliers.
BlackRock's £2.1bn Aletto Power Acquisition Finalised
Investment titan BlackRock secures a landmark $2.6 billion deal to acquire Minnesota Power's parent company, Aletto. This strategic move signals a major shift in energy sector ownership and raises pivotal questions about renewable investment and market co
Thames Water Delays £7.5m Charity Payment Amid Crisis
Thames Water postpones £7.5m charity payment as financial pressures mount, sparking outrage from environmental groups and raising fresh concerns over the utility giant's stability.
Hilton Plans New Cambridgeshire Hotel & Spa with 70 Jobs
Global hospitality giant Hilton announces plans for a new 150-room hotel and luxury spa in Cambridgeshire, creating 70 new jobs and boosting the local economy.
Wes Streeting: 'The NHS is broken' and needs major surgery
In a bombshell interview, Labour's Wes Streeting declares the NHS 'broken' and vows to confront tough truths, including the need for private sector help and a crackdown on 'sick note culture', to save the cherished institution.
Thames Water: Creditors propose £20bn rescue package
Major creditors have tabled a radical £20 billion restructuring plan to rescue Thames Water from administration, aiming to secure the future of Britain's largest water company and prevent a national crisis.
Thames Water on the Brink: Ofwat Rejects Bailout
Britain's largest water company, Thames Water, faces potential collapse as regulator Ofwat blocks its rescue plan. With debts soaring to £15.6bn, the government prepares for a temporary nationalisation to avert a crisis for 16 million customers.
Sheffield Water Crisis: Sewage Spills and Supply Failures
Yorkshire Water is under fire for a series of incidents in Sheffield, including sewage discharges into a park and supply disruptions, raising serious questions about infrastructure and regulatory compliance.
Target warehouse staff demand pay rise in walk-out protest
Exclusive: Warehouse operatives at a major Target distribution hub are demanding higher pay, staging a unique 'walk to the entrance' protest. The action highlights the growing tension between big-box retailers and their logistics workforce amidst the cost
Energy tycoon flees mansion as oil firm collapses in debt
Exclusive investigation reveals how oil magnate Andrew Perchard abandoned his multi-million-pound Surrey estate, leaving creditors owed millions as his firm, APEC Energy, entered administration.
SNP's £150k 'Work From Home' Fat-Cat Sparks Fury
Exclusive: A senior Scottish Government official is under fire for a £150,000 salary and a generous hybrid working arrangement, sparking accusations of hypocrisy and 'fat-cat' culture within the SNP administration.
UK Business Confidence Hits 18-Month High Amid Economic Recovery
New CBI survey reveals strongest UK business optimism since early 2024, with manufacturing and services sectors leading growth. Inflation expectations ease as Bank of England faces policy dilemma.
UK Gov Mandates Immediate Data Breach Reporting for Ministers
Exclusive: The UK government unveils stringent new data breach protocols for ministers and officials, mandating immediate reporting and transparency in a major cybersecurity overhaul.
Border Patrol Arrests Elite Washington Firefighters
Exclusive: US Border Patrol agents have detained multiple firefighters from an elite Washington State crew, throwing critical wildfire operations into chaos and sparking a major political row over immigration enforcement priorities.
Van Gogh Museum Closes Amid Amsterdam Staffing Crisis
Amsterdam's world-renowned Van Gogh Museum is closing its doors temporarily due to a critical shortage of security personnel, highlighting a growing crisis in the Dutch tourism and cultural sector.
ANZ Bank sacks CEO Nuno Matos in governance scandal
ANZ Bank has abruptly terminated CEO Nuno Matos following an internal investigation into cultural and governance concerns, sending shockwaves through the banking sector.
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