The Two Tier City
Goldman Sachs: Stocks ‘Not Yet in Bubble Territory’ Despite AI Boom
Goldman Sachs has pushed back against mounting concerns that global stock markets are entering bubble territory, saying valuations — even among artificial intelligence (AI)-linked companies — remain within reasonable bounds.
UK Petrol stations under fire for ‘ripping off’ drivers
Petrol stations have been accused of overcharging drivers after the competition watchdog reported a sharp rise in fuel profit margins.
European stocks show resilience despite Trump tariffs
European stock markets are ending the week higher despite Donald Trump’s latest tariffs, though truck makers have come under pressure.
Thames Water to Pay £123m in Fines Over Sewage and Dividends
Thames Water has agreed a payment plan with Ofwat to cover £123m in fines, as the debt-laden utility scrambles to secure funding and avert temporary nationalisation.
Crypto Deregulation: A Shortcut to Innovation or Another Crisis?
Financial deregulation is back in vogue. In the ongoing quest for economic growth, even Chancellor Rachel Reeves has embraced the trend.
Hot Weather, Higher Bills: Water Companies to Hike Prices During Heatwaves
Smart Meter Trials to Bring Surge Pricing for Water Use During Heatwaves
Environment Secretary accelerates plans to bring Thames Water into public ownership
Environment Secretary Steve Reed has confirmed the government is accelerating preparations to temporarily nationalise Thames Water, as efforts to secure a private sector rescue falter.
Thames Water edging closer to renationalisation as KKR pulls out of £4bn rescue deal
Thames Water could be nearing renationalisation after its preferred funding partner, US private equity giant KKR, walked away from a proposed £4 billion investment.
Ofwat hits Thames Water with record £122.7 million fine
Regulator Ofwat has confirmed that the record penalties imposed on Thames Water will be borne by the company and its investors, not its customers.
UK Bond Auction Thrown Into Disarray as Bloomberg Terminals Crash
City of London Traders Lament ‘Fate Worse Than Death’ as Screens Go Dark
The RAC reports with oil at a four-year low, petrol prices should be falling too this easter
Oil prices are hovering near their lowest point in four years, prompting renewed calls for fuel retailers to lower pump prices.