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.
Thames Water rescue deal at risk over missing assets
Fresh uncertainty has emerged in the search for a white knight investor for Thames Water, as the company faces difficulties in detailing its vast and complex network of pipes, sewage
Thames Water in takeover talks after receiving six aproaches
Thames Water has disclosed that it has received six takeover approaches from potential buyers.
Thames Water secures a £3bn rescue deal as legal challenge falls short.
The Court of Appeal has upheld Thames Water’s £3bn emergency bailout loan, rejecting legal challenges from environmental campaigners and a group of creditors.
AA warns petrol prices are nearing peak levels seen during the Ukraine war.
The AA has warned that petrol prices remain “uncomfortably close” to their peak levels from the first two years of the Ukraine war despite a global slump in oil prices.
According to the FT, CK Infrastructure has made a $9 billion bid for Thames Water.
Thames Water has received a preliminary £7 billion ($8.86 billion) bid from Hong Kong’s CK Infrastructure for a majority stake, according to a report by the Financial Times on Friday,