The amber alert is at Thames Water itself, which is ring-fenced, regulated, £14.7bn in debt and 100%-owned by parent company Kemble. The new boss, Chris Weston, tried to allay fears by saying it had enough in cash and overdraft facilities to keep ticking over till next May, but at some point Thames will need a fresh cash injection.
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Mortgage rates: Six reasons why the pain isn’t as bad as it could be
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First-time buyers too are open to changing their plans. At the Treasury Committee hearing in the Commons earlier in...
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National Insurance calculator: What will I pay and how is tax changing?
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Image source, Getty Images National Insurance payments are being cut for millions of employees from Saturday. However, other changes...
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‘Real living wage’ rises to £9.50 an hour
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Manchester clubs urged to pay staff ‘real living wage’
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AI millionaire: ‘Video games can boost creativity’
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“It’s important to feed the creative part, not just playing them ,” he said. “You never know where your...
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On The Beach pulls all summer holidays from sale
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“Unlike many of our competitors, we have no interest in selling holidays that are unlikely to happen, as our...
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When wind turbine blades get old what’s next?
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“At the end of life, if we’re going to get any value out of the materials, we need to...
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Not that difficult to buy a home, says NatWest chair
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Torsten Bell, boss of the Resolution Foundation think tank which focuses on improving living standards, said it was “increasingly...
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Roblox: ‘We paid off our parents’ mortgage making video games’
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But competition is stiff among top developers on the platform. The firm recently said that more than 1,250 developers...
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