Water bills are set to rise by a higher than proposed average of £31 per year over five years from April, the industry regulator has said. Ofwat said the increase was enough for water companies in England and Wales to […]
Water bills to rise by £31 over next five years, regulator says Read More »
Chancellor Rachel Reeves has defended a decision to reject compensation for women hit by changes to the state pension age after a backlash. She said “the vast majority” of women knew the changes were coming, and “as Chancellor I have
Chancellor defends Waspi pensions decision after backlash Read More »
Thames Water has received multiple bids for the struggling business which has warned that it could run out of cash by next year. Castle Water, a Scottish utility firm co-owned by Conservative Party treasurer Graham Edwards, is understood to have
bidders line up for the stricken utility giant Read More »
Getty Images The amount of Guinness pubs can buy in the build up to Christmas has been limited by its maker Diageo after “exceptional demand” over the past three weeks. It is understood the firm is working at 100% production
Guinness supplies limited ahead of Christmas after demand soars Read More »
South Western Railway will be the first rail operator renationalised by the Labour government, according to a report. Labour has pledged to renationalise rail services as operator franchises come to an end, and South Western’s contract finishes in May 2025.
South Western Railway to be nationalised by Labour Read More »
Getty Images Nomura CEO Kentaro Okuda will take a voluntary short-term pay cut The boss of Japanese bank Nomura has taken a short-term pay cut after a former employee was charged with robbery of bank clients, attempted murder and arson.
Nomura boss takes pay cut after employee ‘tried to kill clients’ Read More »
Getty Images Uniqlo is facing an online backlash in China after the boss of its parent company said the Japanese clothing retailer does not source cotton from Xinjiang. Fast Retailing’s chief executive Tadashi Yanai said Uniqlo was “not using” cotton
Uniqlo faces online China backlash over Xinjiang cotton comments Read More »
UK car production fell sharply in October amid industry concerns about “intense pressure” on investment in electric vehicle-making. Output of all cars dropped by more than 14,000 vehicles from a year earlier, mainly due to a fall in exports following
UK car production drops as EVs under ‘immense pressure’ Read More »
Supermarket loyalty cards do offer genuine savings, the UK’s competition watchdog has found, but it said people should still shop around. The Competition and Markets Authority (CMA) said it examined 50,000 products on loyalty price promotions across Tesco, Sainsbury’s, Morrisons,
Loyalty cards offer genuine savings, says watchdog Read More »
Homebase has collapsed into administration, putting 2,000 jobs at risk. Its owner Hilco had been looking to sell the struggling retailer, but has not managed to find an outright buyer. The owner of homeware chain The Range is buying up
Homebase collapses with 2,000 jobs at risk Read More »
