31 m. ago Mapped: Where Britain is at risk of drought amid hosepipe ban warning

Households are being warned of the potential risk of water restrictions, as parts of the country experience the driest start to the year for nearly a century

Events

97 m. ago M&S warns shoppers they could be targeted by scammers after hackers stole customers' contact details, dates of birth and order histories in massive cyber attack

The retailer admitted criminals have taken information including 'masked' payment card details used for online purchases - typically the last four digits of a card.

Events

1 hour ago Met Office verdict on when it will rain next after 'unusually dry' spring in UK

England faces a 'medium' risk of drought this summer without sustained rainfall – so when will it next rain?

Politics

2 h. ago M&S customers warned as type of personal information stolen in cyber attack explained

M&S has been grappling with the fallout from a highly damaging cyber attack since Easter weekend and has now revealed that personal customer data had also been stolen by the hackers

Events

16 h. ago Risk of drought after UK experienced driest start to year for decades

Water companies have been warned they may have to implement measures including restrictions in the months ahead

Events

17 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

18 h. ago ‘Medium’ risk of drought after UK experienced driest start to year for decades

Water companies have been warned they may have to implement measures including restrictions in the months ahead

Events

22 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

24 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

24 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

25 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

25 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

25 h. ago M&S cyber attack update as bosses warn customer information was stolen

The retailer has issued a new statement on LinkedIn this morning, confirming that personal customer information was taken, but has confirmed that 'there is no need for customers to take any action'

Events

25 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

26 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

27 h. ago M&S attack: Cyber security warning as Marks & Spencer admits customers’ personal details stolen by hackers

“Now, shoppers might be questioning if M&S is still such a great place to visit” – Russ Mould, AJ Bell

Events

27 h. ago M&S attack and advice: Cyber security warning as Marks & Spencer admits customer details stolen by hackers

“Now, shoppers might be questioning if M&S is still such a great place to visit” – Russ Mould, AJ Bell

Events

27 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

28 h. ago Morrisons announces new store closure this week after shutting 16 branches – see list

Morrisons has announced it will be closing a Morrisons Daily store this week after shutting 16 branches across the UK in April. The retailer warned of 'inconvenience' to customers

Politics

29 h. ago M&S warns customer information WAS stolen in major cyber attack update

The attack has now entered its fourth week and has caused significant stock availability problems across M&S' store estate as well as other major issues

Events