The group of investors pursuing a rescue bid for Thames Water have offered the government a “golden share” in a last-ditch attempt to convince Andy Burnham not to nationalise Britain’s biggest water company.
According to the July 2026 bank lending survey (BLS), euro area banks reported a moderate net tightening of credit standards – banks’ internal guidelines or loan approval criteria – for loans or credit lines to enterpri…
The UK government borrowed slightly less than expected in June, according to official figures published as new prime minister Andy Burnham began setting out measures to cut living costs for households.
Employers cut the number of job vacancies in May, according to official figures that highlight the UK’s “fragile” economic outlook amid the conflict in the Middle East.
British flying taxi startup Vertical Aerospace has said the UK government has expressed interest in buying a military variant of its aircraft as it races to gain approval for flights with paying passengers.
Burnham’s team were clear they want an experienced figure to deliver his vision for UK economy - combining fiscal responsibility with focus on re-industrialisation, devolution, cost of living crisis and driving growth.
A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81bn merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court.
“The Odyssey” is a film adaptation of Homer’s epic poem, produced by Universal Pictures. The film was released worldwide on July 17. According to Variety, “The Odyssey” grossed approximately $264 million during its open…
Bus drivers in the West Midlands have spoken out about the “horrendous” working conditions they have experienced during heatwaves, which led to 40C temperatures in their cabs.
AliExpress, the Chinese online retail platform, has been fined a record €550m (£470m) by the EU over its failure to stop illegal goods including harmful clothing, cosmetics and kitchen gadgets being sold through its sit…
Diana Sach once employed more than 30 people and catered for hundreds more every day from her Latin American restaurant and delicatessen, famous for its Peruvian empanadas, in south London’s Elephant and Castle district.
On 1 June 2026, Prosper Capital LLP (Prosper) went into creditors’ voluntary liquidation. Jeremy Karr and Simon Killick of BTG Begbies Traynor (Central) LLP were appointed as joint liquidators.
The Prudential Regulation Authority (PRA) has imposed a financial penalty of £4,165,000 on HDI Global SE in connection with the submission of incorrect data to the PRA.
Amazon’s founder, Jeff Bezos, and the UK government have invested in a £2bn British artificial intelligence startup that is aiming to become the “search engine for rare materials” that accelerates the next wave of techn…
In the most recent round of the Survey on the Access to Finance of Enterprises (SAFE), covering the second quarter of 2026, euro area firms reported a strong net increase in interest rates on bank loans (net 42%, compar…
Retired civil servants have been failed by the decision to outsource their pension scheme, the government has admitted, and the maladministration meant some were left waiting up to a year for payments.
Burnham has pledged to take more public control of key utilities such as water, a move that appears likely to begin with Britain’s largest water company, Thames Water.