Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. A group of owners of Thames Water’s riskier class B bonds have offered to provide the utility with emergency financing that they say could cost £380mn less over 12 months than a deal the company … Read more
Motorists were warned by police on social media after it was reported that a number of drivers ignored the lane closure and endangered the lives of emergency services and the public. In total, 87 vehicles were caught ignoring the restrictions and drivers will be reported. A police spokesperson stated: “Team 3 officers responded to a … Read more
Here are some facts: climate change is real, catastrophic and anthropogenic. Global warming is not a hoax, is happening at an unprecedented rate and is not part of natural fluctuations in global temperatures over geological time. You’d be hard pressed to find a climate scientist who would disagree significantly with anything in the previous two … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is facing a critical situation as its battle for survival escalates. The company, which serves around 16 million households in south-east England, is grappling with a staggering £19 billion debt burden. In an … Read more