Thames Water lenders submit rescue plan to stave off collapse
London & Valley Water, a consortium of investors, plans to write off some of the company’s huge debts.
Category: Business
Tesco warns ‘enough is enough’ on business taxes
Ken Murphy says he does not want more costs to be added onto business, and calls for a “pro-growth” Budget.
‘My pay is being held hostage’: Federal workers on US government shutdown
Government staff describe their uncertainty during a budget impasse – though not all of them oppose the shutdown.
Denmark loses £1.4bn tax fraud claim in UK court case
The Danish government says it “strongly disagrees with the premises of the judgment and is now seeking to appeal it”.
White House says layoffs ‘imminent’ with no end to shutdown in sight
As a bitter stand-off between Republicans and Democrats plays out, there is little sign either side is willing to budge.
Shein picks France to open its first permanent outlets
The Asian fast-fashion giant will open concessions in six department stores in the country.
Food bank volunteer proud to be praised by PM
George Sutherland is one of a number of volunteers singled out in a speech by Sir Keir Starmer.
Funding shortage forces food bank to make changes
Didcot Emergency Foodbank was launched in 2009 but is running out of reserves.
Musk becomes world’s first half-trillionaire
The rise has been driven by a sharp increase in the value of his electric car company Tesla.
Hurricane season brings financial fears in the Caribbean
As islands brace for this year’s big storms, many homes don’t have household insurance.