Ofwat examines £13m paid to Yorkshire Water boss offshore
Ofwat is probing £13m in payments made to Yorkshire Water CEO Nicola Shaw via an offshore parent company, raising concerns over transparency and executive pay in the utilities sector.
Category : Search result: utilities sector
Labour tax hikes may cost beauty sector thousands of jobs
The UK beauty industry faces potential job losses as Labour's proposed tax increases threaten businesses already struggling with rising costs.
KPMG UK Faces Backlash Over Bank Remarks
KPMG UK has come under fire after a senior executive made contentious remarks about banks, sparking outrage and calls for accountability. Here’s the full story.
Water nationalisation: fair price or false promise?
The debate over water nationalisation heats up as critics question whether the public is truly benefiting from the move. Explore the financial and social implications.
Whitmer reshapes Michigan utilities for clean energy push
Michigan Governor Gretchen Whitmer appoints new utilities board members to accelerate the state's transition to clean energy, setting a national example.
Yorkshire Water boss in offshore pay row
The CEO of Yorkshire Water faces backlash as millions paid to offshore parent company while customers struggle with soaring bills.
Labour MPs slam Thames Water exec bonuses amid crisis
Labour MPs demand action as Thames Water executives receive hefty bonuses despite company's financial turmoil and service failures.
Standard Chartered CEO criticises banks dropping climate pledges
The CEO of Standard Chartered criticises financial institutions backtracking on climate pledges, urging stronger action against global warming.
Shell profits down, announces $3.5bn buyback
Shell's Q2 profits decline due to lower oil prices, but the energy giant pushes ahead with a $3.5bn share buyback scheme.
Police union slams 'inadequate' pay offer after approving it
The head of Queensland's police union has publicly criticised the state government's pay proposal, calling it insufficient just days after initially accepting the deal.
UK retail sales slump sparks calls for government action
Retail sales in the UK have plummeted, prompting calls for Chancellor Jeremy Hunt to intervene. Rising inflation and weak consumer demand continue to squeeze the sector.
Visa crackdown threatens UK care sector staffing
The UK care sector faces a staffing crisis as Labour's new visa restrictions could deter migrant workers, leaving vulnerable patients at risk. Experts warn this policy is short-sighted and politically motivated.
Santander UK job cuts amid profit push
Santander UK reveals plans to slash jobs as part of a cost-cutting strategy to boost profits. Find out how this decision impacts employees and the banking sector.
HSBC: Bank tax hike risks UK growth
HSBC's CEO cautions that Labour's proposed increase in bank taxes could harm the UK's economic growth, sparking debate over fiscal policy.
HSBC Canada CEO resigns amid strategic changes
HSBC Canada's CEO Dave Clark steps down as the bank navigates strategic changes and economic turbulence in Argentina, with leadership passing to Linda Seymour.
UK care sector faces 152,000 staff shortage crisis
New figures reveal a deepening crisis in the UK's adult social care sector, with a staggering 152,000 vacant positions. Experts warn of severe consequences for vulnerable adults as recruitment struggles continue.
Union demands fair pay for private sector workers
Unison leader Christina McAnea calls for equal pay and conditions for private sector workers under Labour's proposed New Deal, highlighting the need for fair treatment across all sectors.
Labour warned against banking-led growth strategy
As Labour aims to revitalise the UK economy, experts caution against over-reliance on the City of London, urging a more balanced approach to sustainable growth.
Pubs may sell takeaway beer without planning permission
Ministers are exploring plans to let pubs sell takeaway beer without needing additional planning consent, a move that could boost the struggling hospitality sector.
Whitehall sick leave surges under Starmer
Sick leave among Whitehall civil servants has surged dramatically, with new data revealing a sharp rise in absences since Keir Starmer took office. Experts warn of a growing crisis in public sector health and productivity.
South Cambridgeshire Council adopts four-day working week
South Cambridgeshire Council pioneers a four-day working week trial, sparking nationwide interest among local authorities. Discover how this bold move could reshape public sector employment.
Chevron's Barrow Island exit: State capture in action?
Chevron's decision to wind down oil production on Barrow Island raises concerns about corporate influence over environmental policy. Is this a case of state capture in action?
USDA confirms salary cuts amid budget constraints
The US Department of Agriculture (USDA) has unveiled significant salary reductions for its workforce, sparking concerns over employee morale and the future of agricultural policymaking. Here’s what you need to know.
Chinese hackers target UK nuclear via SharePoint flaw
Chinese state-linked hackers exploited a Microsoft SharePoint vulnerability to breach UK nuclear and defence organisations, raising serious cybersecurity concerns.
Dan Jarvis joins Microsoft UK as public sector director
Ex-shadow minister Dan Jarvis takes on a key role at Microsoft UK, focusing on government and public sector partnerships.
Goldman Sachs shifts from London to EU post-Brexit
Goldman Sachs is relocating key operations from London to the EU following Brexit, signalling a broader trend of financial sector migration and its impact on the UK economy.
FCA warns banks and insurers over customer protection
The Financial Conduct Authority has issued a stark warning to banks and insurers, demanding immediate improvements in how they treat vulnerable customers and handle complaints.
Labour's AI plans may hike water bills
Experts warn that Labour's ambitious AI data centre plans may lead to skyrocketing water bills, with local suppliers struggling to meet demand.
Report: UK water sector needs urgent reform
A new report highlights the urgent need for reform in the UK's water industry, criticising excessive bureaucracy and calling for practical solutions.
Public ownership of water: time for change?
Amid rising bills and service failures, the case for bringing England's water industry back into public hands grows stronger. Explore the arguments for and against renationalisation.
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