Thames Water’s finance chief quits as firm continues trying to find a buyer March 28, 2025 Thames Water’s finance boss has quit midway through a key restructuring of the heavily indebted utility giant. Chief financial officer Alastair Cochran told the firm that he was stepping down on Friday morning. His sudden departure comes as Thames Water continues to try to find a buyer for the company to help steady its finances. Thames Water is England’s biggest water firm, with about [...]
Investec expand rugby portfolio with SOHK kids tournaments March 28, 2025 Investec has strengthened its rugby portfolio, backing education inclusion charity School of Hard Knocks’ (SOHK) girls’ and boys’ spring rugby tournaments. The FTSE 250 bank, whose London office sits on Gresham Street in the Square Mile, featured at the tournament’s on 27 and 28 March at east London’s Eton Manor RFC. It added to their [...]
Firms must innovate to attract Gen Z March 25, 2025 RE: Why top law firms are betting big on virtual reality training, 4 Mar Technology is changing workplace training, but many businesses find it daunting, especially when it comes to innovations like virtual reality. Yet embracing it is key to engaging the workforce – especially Gen Z, who have high expectations when it comes to [...]
Average price of pint to surge above £5 due to April cost hikes, say beer bosses March 24, 2025 The average price of a pint of beer is set to surge past £5 for the first time due to cost hikes hitting the sector next month, according to industry bosses. Pub sector chiefs have warned that prices for customers will have to increase in order to help keep venues running in the face of [...]
Davey warns against scrapping tax on tech companies to ‘appease’ Trump March 23, 2025 Sir Ed Davey has warned against “appeasement” of Donald Trump amid reports Labour could change or ditch a tax on tech companies to avoid US tariffs. Chancellor Rachel Reeves did not deny the option was on the table after reports the UK is talking to the US about the digital services tax to seek a [...]
Rachel Reeves urged to prioritise public spending in UK spring statement March 23, 2025 Chancellor Rachel Reeves is being urged to prioritise “vital” funding for public services and reject the “failed approach of austerity” as she prepares to give a key statement on the economy. Reeves will deliver her spring statement on Wednesday, updating the Commons on the Government’s plans for the economy. But amid concerns that public spending [...]
Grid operator to ‘urgently investigate’ Heathrow power outage after fire March 22, 2025 Energy secretary Ed Miliband has ordered the National Energy System Operator to “urgently investigate” the power outage caused by a substation fire that shut Heathrow Airport on Friday. He is working with Ofgem and using powers under the Energy Act to formally launch the grid operator’s investigation. “We are determined to properly understand what happened [...]
Number of migrants arriving in UK after crossing Channel passes 5,000 March 22, 2025 More than 5,000 migrants have arrived in the UK after crossing the English Channel so far this year, latest figures show. Some 341 people made the journey in six boats on Thursday, bringing the provisional total for the year so far to 5,025. This is the earliest point in the year that crossings have reached [...]
Heathrow ‘open and fully operational’ after disruption caused by power outage March 22, 2025 Heathrow Airport said it is “open and fully operational” on Saturday after the airport was shut over a loss of power caused by a substation fire. Flights resumed at the west London airport on Friday evening and restrictions on overnight flights were temporarily lifted following hours of closure, after a blaze knocked out an electricity [...]
‘Nothing off the table’ over possible troop deployment for Kyiv, No10 says March 22, 2025 Western military planning to enforce a potential ceasefire in Ukraine is set to intensify in London next week as No10 said “nothing is off the table” over possible troop deployment for Kyiv. No10 said “thousands” of personnel would be required to support any operation whether by “sea, on land or in the air” as allies [...]
