Category : Search result: utilities sector


Thames Water defers £2.5m boss bonuses until new year

Thames Water postpones controversial £2.5m retention payments for 21 executives as it seeks a multi-billion pound rescue deal. Discover the full story behind the bonus row and the utility's financial crisis.

Couple died in 15ft flood days before anniversary

Philip and Elaine Marco, 77 and 76, died when their car hit a deep flood on a Liverpool road with a known flooding history. The inquest heard 'monsoon' conditions were to blame. Read the full investigation.

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: 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.

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.

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: 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.

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.

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