3 h. ago Thames Water boss issues water restrictions warning amid drought risk

Thames Water has warned its 16 million customers there is potential for water restrictions if the weather stays dry

Events

20 h. ago Thames Water boss issues water restrictions warning amid dry weather

Thames Water has warned its 16 million customers there is potential for water restrictions if the weather stays dry

Events

26 h. ago Britain on high drought alert: Restrictions warning issued for 16 million people as UK on track for driest spring on record

Much of the UK has become parched in recent weeks amid sustained warm and dry weather, which meteorologists expect will continue for at least another ten days.

Events

28 h. ago Thames Water chairman apologises to customers but defends bonuses for bosses

Sir Adrian Montague revealed to MPs how close the company had come to running out of money in the last year, calling the situation ‘hair-raising’.

Economics

28 h. ago Thames Water warns customers of potential restrictions as drought risk looms

Chief executive Chris Weston said the company is doing ‘all we need to’ to prepare for potential water shortages.

Events

28 h. ago Thames Water executives to receive bonuses from £3bn emergency loan

Utility’s chair tells MPs that retention payments are needed to prevent rivals ‘picking off’ staff

Economics

29 h. ago Boss of stricken Thames Water defends £195,000 bonus and admits mothballed £250m desalination plant should never have been built

Thames Water CEO Chris Weston defended accepting the bumper sum after just three months in the role, telling MPs he had 'stabilised' the company.

Economics

29 h. ago Thames Water boss issues stark warning on restrictions after dry spring

Thames Water has upped its drought level plans given the driest spring for decades. Chris Weston - amid defending his £195,000 bonus - has raised the spectre of supply issues

Events

30 h. ago Thames Water CEO says crisis ‘decades in the making’; Goldman Sachs cuts US recession odds – business live

Rolling coverage of the latest economic and financial newsUK pub chain Marston’s has swung back to a profit in the first half of its financial year, thanks to a busy Christmas and Mother’s Day, as well as a tighter focus on costs.The pub owner reported a pre-tax profit of £19m in the 26 weeks ended on 29 March, compared with a loss of £0.2m in the comparable period in 2024.Their revised forecast reflects a combination of a lower effective tariff rate and the recent easing of financial conditions.We raise our S&P 500 return and earnings forecasts to incorporate lower tariff rates, better economic growth, and less recession risk than we previously expected. Our new 3- and 12-month returns forecasts are +1% and +11%, indicating levels of 5900 and 6500 (previously 5700 and 6200). Continue reading...

Economics

31 h. ago Goldman Sachs cuts US recession odds on tariff optimism; UK wage growth slows as jobs market cools – business live

Rolling coverage of the latest economic and financial newsUK pub chain Marston’s has swung back to a profit in the first half of its financial year, thanks to a busy Christmas and Mother’s Day, as well as a tighter focus on costs.The pub owner reported a pre-tax profit of £19m in the 26 weeks ended on 29 March, compared with a loss of £0.2m in the comparable period in 2024.Their revised forecast reflects a combination of a lower effective tariff rate and the recent easing of financial conditions.We raise our S&P 500 return and earnings forecasts to incorporate lower tariff rates, better economic growth, and less recession risk than we previously expected. Our new 3- and 12-month returns forecasts are +1% and +11%, indicating levels of 5900 and 6500 (previously 5700 and 6200). Continue reading...

Economics

6 d. ago London takeaway fined £13,000 after dumping grease in sewers for seven years

Fats, oils and grease were repeatedly dumped into sewers by Chinese takeaway China Panda over a seven year period

Economics

8 d. ago Wait until you see the inside of this £2.8 million Cotswold dream home you could win for £10

Raffle House's 20th dream home giveaway has an interior to die for - and if you enter soon, you can also win a £55,000 Range Rover as a bonus prize

Economics

1 week ago ‘I know I might not come back’: the young Ukrainians enlisting early to fight Russia

Kyiv has brought in new incentives for those under 25 in an effort to repopulate the frontline as the war grinds on“I’m not just here to avenge my brother,” says Luntik, 20, one of Ukraine’s newest soldiers, as he takes a break from training. He has joined up, he says, to try to liberate the territory of Ukraine from the Russian invaders: “When the thief is coming to your house and you are afraid he might harm you or kill your wife, you will take actions and, if necessary, kill the thief.”The mild spring day, somewhere in Kharkiv region, belies the seriousness of the conversation. Luntik is one of a dozen or so young recruits, all aged between 18 and 24, who have agreed to join Ukraine’s army before the age of 25, at which men can be forcibly mobilised. The lure is a bonus of 1m hryvnia (nearly £18,000), 0% mortgages and a short one-year contract; the scheme, launched in February, is a fresh effort to repopulate Ukraine’s frontline. Continue reading...

Politics

1 week ago Schoolgirl found in the Thames ‘likely to have died from effect of cold water’, says coroner

Kaliyah Coa, 11, was reported missing on March 31 after playing near Barge House Causeway in Woolwich on a school inset day.

Events

1 week ago Schoolgirl found in River Thames ‘likely to have died from effect of cold water’

Kaliyah Coa, 11, was reported missing on March 31 after playing near Barge House Causeway in Woolwich on a school inset day.

Events

2 w. ago Thames Water preferred buyer ‘would multiply problems’, Lords told

The company is hoping to finalise terms of a possible deal.

Economics

2 w. ago Mark Allen hits 'unbelievable' 147 at World Snooker Championships

Mark Allen hit a maximum 147 break in the Snooker World Championship against Chris Wakelin to land a £40,000 bonus and one lucky fan £25,000

Events

3 w. ago Trump praises $5,000 ‘baby bonus’ for moms after they give birth: ‘It’s a good idea’

The self-styled ‘fertilization president’ endorsed the idea of a cash incentive for new mothers

Politics

3 w. ago Living on the water in London : the best houseboats for sale on the River Thames now

Living on the water can be spectacular, especially in summer. Here are some of the most impressive houseboats for sale on the Thames now

Politics

4 w. ago Eddie Howe health latest as Newcastle United assistant says he's had 'minimal contact' with stricken boss

The Toon Army have been rallying behind the cup-winning gaffer after he was hospitalised last week with pneumonia

Events