Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Sir Keir Starmer standing down as MP

      Keir Starmer addressing the media at a press conference, wearing a navy suit, discussing recent political developments.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Government urged to do more to tackle £1bn piracy problem in sport and entertainment

      Person in a rainbow clown wig and red nose using a flip phone, next to a man in a red and white bucket hat.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • City AM Puzzles
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Jaguar reveals the Type 01’s screen-free interior

      Futuristic interior of a Jaguar car, featuring a minimalist dashboard, white steering wheel, and a sleek central console d...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • OneCity
  • Newsletters
  • Latest Paper

David Black

  • Ofwat blocks nine water firms from using customer cash for hefty bonuses

    Business

    Ofwat said it would use new powers to prevent customers paying for £6.8m in payouts across the industry, 73 per cent of the total.

    There is currently no statutory requirement to pay compensation to customers when supply interruptions occur, although some voluntarily offer payouts at varying rates.
  • Water firms warn of ‘material risk’ to stopping sewage leaks with Ofwat bill cap

    Business

    Plans to cap water bill increases at £19 per year would prevent suppliers from raising enough cash to improve performance, Water UK said.

    Severn Trent described the claim as "highly inaccurate and not reflective at all of how we work," in a statement following the ruling.

Trending Articles

  • Jaguar reveals the Type 01’s screen-free interior

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • FTSE 100 Live: Stocks slide as bound rout deepens; Oil jumps as Trump vows more strikes on Iran

  • Treasury ‘tells Healey’ to consider tax on banks and oil

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited