65 h. ago Move faster on firms’ public contracts ban, Grenfell survivor urges Government

Edward Daffarn said a new documentary “clearly exposes how little” companies and individuals have been held to account over the 2017 disaster.

Politics

5 d. ago Thames Water bosses were set for £18.5mn before outcry over bonuses

Creditors have proposed injecting £3bn of equity and taking a 20 per cent writedown on loans in latest rescue plan

Economics

9 d. ago Water firms would be foolish to increase salaries to get around bonus ban – Reed

Six firms have been banned from paying bonuses to senior bosses under new rules that came into force on Friday.

Economics

9 d. ago United Utilities banned from paying bonuses to senior bosses 'after fish killed in reservoir'

United Utilities and five other water firms have been banned

Events

9 d. ago Six water companies BANNED from paying out millions in bonuses to bosses for failing to tackle sewage and pollution

The measure targets firms that have either fallen short on pollution and customer service metrics, failed to demonstrate financial resilience, or have been convicted of environmental offences.

Economics

9 d. ago The water firms banned from paying bonuses to senior bosses under new laws

Campaign group River Action have called the move a “welcome step” but said that increased salaries should be prevented

Economics

9 d. ago Water firm fat cats will be stripped of unfair bonuses if they pollute our rivers

Government gets tough and says companies will not be permitted to pay bonuses to water bosses that oversee poor environmental and customer outcomes

Politics

9 d. ago Bosses of six water firms banned from getting bumper bonuses under new law

Unfair bonuses have been banned for senior executives at six water companies, under Labour's new measures in the Water (Special Measures) Act

Economics

1 week ago Scots businesswoman hit with ban for paying daughter £200k as firm went bust

Hazel Lamont, 74, and her daughter Nicola Murray, 54, were directors of Scotparts UK Ltd, a Glasgow-based machinery parts firm which went into liquidation with debts of £900k.

Economics

1 week ago Business News: Water sector under pressure as Thames deal collapses while M&S boss sees pay rise to £7.1m

From calls to overhaul the water industry and Thames Water’s failed investor talks, to Greg Hands’ new role at Royal Mail and a £7.1m payday for the M&S boss - here are today’s top UK business stories.

Economics

1 week ago New York private equity giant KKR pulls out of Thames Water rescue

Thames Water boss says he is “disappointed” by KKR’s decision

Events

2 w. ago Federal Reserve issues rare statement asserting independence amid Trump pressure

Central bank emphasizes nonpartisan role in brief memo after chair Jerome Powell meets with US presidentCan Trump fire Federal Reserve chair Jerome Powell?The Federal Reserve issued a rare, strongly worded statement on Thursday after chair Jerome Powell spoke with Donald Trump at the White House Thursday morning, holding firm on the central bank’s independence amid pressure from Trump to lower interest rates.The three-paragraph statement emphasized the Fed’s independent, nonpartisan role in setting monetary policy based on economic data. Continue reading...

Politics

2 w. ago Nationwide reveals £100 Fairer Share payment for a third time

Nationwide Building Society has announced it will pay out another 'Fairer Share' bonus this year after yet another set of bumper profits.

Economics

2 w. ago Thames Water walloped with Ofwat's biggest fine as boss defends massive bonus

The water company must pay a whopping £122.7m over sewage spills and shareholder payouts. as boss Chris Weston has said he does 'make a difference'

Politics

2 w. ago HSBC UK: major banking firm offering £500 Selfridges spending spree for Premier bank customers

Luxury perks, no monthly fee, and a serious upgrade to your shopping game 🛍️

Economics

2 w. ago Wall Street vs private equity: can anyone stop the grad recruitment creep?

Graduates, banks and private equity firms are locked in a tussle for talent that inflicts pain all round

Politics

3 w. ago WeightWatchers given lifeline from bankruptcy...thanks to deal signed with fat jab firm

It comes as the weight loss company had been struggling under $1.6billion (£1.2billion) of debt after losing business to revolutionary weight loss drugs such as Ozempic and Wegovy.

Economics

3 w. ago Thames Water drops bonuses due for bosses after Government criticism

Mr Reed confirmed the proposals had been dropped during an Environment, Food and Rural Affairs (Efra) committee session with MPs on Tuesday.

Politics

3 w. ago Thames Water chairman rows back on comments over bonuses for bosses

Sir Adrian Montague said he may have ‘misspoken’ during an Environment, Food and Rural Affairs (Efra) committee session with MPs last week.

Politics