General News
Thames Water in crisis as investors pull £500m bailout
Struggling UK utility Thames Water faced a funding crisis on Thursday as shareholders pulled a £500m bailout after regulators refused its demands to hit customers with massive price hikes, greater leniency for polluting waterways and pay out higher dividends, while its parent company also admitted it couldn't pay back a £190m loan.
CBI settles case with Tony Danker
The Confederation of British Industry has reached a settlement in relation to legal action brought about by former director-general Tony Danker, who was fired in 2023 following allegations regarding his conduct.
US, UK launch airstrikes against Houthi rebels in Yemen
America and Britain have launched strikes against targets connected to Houthi militants in Yemen in retaliation for attacks on commercial shipping in the Red Sea, US President Joe Biden said early Friday.
UK FCA starts probe into potential motor finance loan misconduct
UK regulators have paused claims against the motor finance industry over high-cost loans amid concerns they are being wrongly rejected.
Heathrow passenger numbers surge in 2023
Heathrow passenger numbers surged 29% in 2023, hitting 79. 2m for the year.
Sunak sees election 'in second half of 2024'
UK Prime Minister Rishi Sunak said he expects a general election to take place in the second half of next year after weeks of speculation that he would call an early poll in May.
Fifa, Uefa found to be ‘abusing position’ on Football super league
Football's world and European governing bodies have been accused of "unlawful" rules that stopped clubs from forming a breakaway "Super League", in a court ruling released on Thursday.
UK's Prince Harry wins damages from Daily Mirror over phone hacking
Britain's Prince Harry on Friday won a substantial part of his phone-hacking case against the Reach-owned Daily Mirror tabloid newspaper and other titles.
UK rail station caterers 'charging 10% premium' for food - ORR
Britain's railway station catering market is uncompetitive, stifling investment in stations and forcing passengers to at least 10% more for their sausage rolls and coffees, the industry regulator said on Tuesday.
UK food price inflation falls for fifth month in a row - Kantar
UK food price inflation fell for the fifth month in a row in the four weeks to August 6 providing some hope that the eye-watering cost of a grocery shop will start to ease for consumers, according to data published by market research group Kantar.
UK's CBI reports new criminal offence to police
Scandal-ridden business lobby group the Confederation of British Industry has admitted handing over details of what it called a serious criminal matter to police.
Questions for Barclays over Staley Epstein links, says ISS
An influential shareholder advisory group has recommended that the board of Barclays be re-elected, but with the caveat that it should face questions about its decision to back former boss Jes Staley despite his links to the dead paedophile Jeffrey Epstein.
RMT 'considering' revised offer from rail chiefs
Britain's Rail Maritime and Transport union (RMT) is considering an “updated” offer from train companies in response to months of industrial action over jobs, pay and conditions.
UK house sales back to pre-Covid levels - Rightmove
UK home sales in March have rebounded close to pre-Covid pandemic levels, driven by demand for flats and a recovery from the market slump last September caused by the disastrous mini-budget of former prime minister Liz Truss, according to real estate agent Rightmove.
CBI boss Tony Danker sacked after misconduct claims
Confederation of British Industry chief Tony Danker has been dismissed with immediate effect after allegations about his conduct at the influential lobby group.
UK ministers suspend contact with CBI after sexual misconduct claims
The UK government has suspended meetings with the Confederation of British Industry, after allegations of sexual misconduct by staff at the business lobby group.