Thames Water ‘extremely stressed’, warns boss amid huge losses
The company’s future remains uncertain as it posts losses of £1.65bn for the year to March.
Category: Business
Reddit starts verifying ages of users in the UK
The platform will bring in the measures from 14 July to stop under-18s looking at “certain mature content”.
Nvidia says it will restart AI chip sales to China
The move would reverse a US ban on sales of the high-end chip to the world’s second largest economy.
Farmers face crisis as drought causes grass to fail
One farmer says she has never seen a spring and summer with so little rain.
China growth beats expectations as Trump tariffs loom
The world’s second largest economy grew by 5.2% in the three months to the end of June, official figures show.
Post Office could be owned by its postmasters, government says
The service could be turned into an employee-owned business, under options set out by the government.
Work to begin on Tata’s new electric furnace
A union says the construction is “bittersweet” but the UK government describes it as a “major win”.
Boeing fuel switches safe, regulator says after Air India crash
A preliminary investigation found the switches had been turned off in June’s fatal Air India crash.
Bank boss ready to cut rates if job market slows
Andrew Bailey tells the Times he believes “the path is downward” on interest rates.
Public transport ‘too costly’ for young people
Young people put off using public transport over concerns about cost, accessibility and safety.