Thames Water: London bills to rise by £99 in fresh Ofwat proposals as company placed in ‘turnaround’ regime July 11, 2024 Ofwat, the UK's water regulator, has set out a record £88bn spending package that would see Londoders' bills go up by an average of £99 in the next five years excluding inflation.
Gleeson: Sales ‘exceeding expectations’ despite planning system woes July 11, 2024 Housebuilder Gleeson has nudged up the number of new homes it sold in its most recent financial year, despite what it described as "continuing challenges in the planning system".
Heathrow faces larger cut in landing fees, regulator says July 11, 2024 The UK aviation regulator has proposed forcing London Heathrow Airport to further reduce the landing fees it can charge airlines over the next two years, following a long-running dispute over prices at Britain's biggest airport.
Mark Kleinman: Water sector’s goodwill will evaporate under Labour July 11, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his fortnightly City A.M. column. This week he writes about the new government’s plans for water firms, housebuilders and Schroders The moment has arrived. By the time City AM readers set eyes on today’s newspaper, Ofwat, the water [...]
Ed Warner: Wimbledon expansion impasse needs fresh and imaginative thinking July 11, 2024 It’s not all strawberries, Pimm’s and lucrative Airbnb rentals for a fortnight every summer in the environs of The Championships at Wimbledon.
FTSE 100 today: London markets set to open higher on strong GDP growth data July 11, 2024 Asian markets followed US's rally, with Chinese stocks rising due to new short-selling restrictions. UK GDP, US CPI and Jet2's results eyed.
McIlroy: I can bounce back from US Open disappointment July 10, 2024 Rory McIlroy has insisted he can bounce back from his US Open disappointment ahead of the Open this month. The Northern Irishman was leading on the final day at the notoriously difficult Pinehurst but missed key putts before losing the lead to eventual winner Bryson DeChambeau. “I look back on that day [at the US [...]
Bank of England’s top economist Huw Pill ‘uncomfortable’ with persistence of inflation July 10, 2024 In a speech delivered at Asia House in London, Pill said that recent pieces of economic data pointed towards some "upside risks to my assessment of inflation persistence".
Village Bakery: Private equity owner sells business to French bread maker July 10, 2024 The private equity firm behind Village Bakery, which supplies the likes of Tesco, Aldi and Five Guys, has sold its controlling stake in the firm to a French giant.
Barratt: Capacity to build new homes, but not enough land to build on July 10, 2024 Barratt is one of the UK's top builiders, but it has struggled to grow this year.