The government has admitted it does not know how much HS2 will ultimately cost – or when high speed trains will be running on the beleaguered rail project. Dame Bernadette Kelly, the top civil servant...
Very few will be surprised by the Bank of England’s decision to keep rates on hold at 4.75%. What is more striking is the policy rift that has emerged. Three members of the rate-setting committee vote...
The UK’s biggest water company has been fined £18.2m for “unjustified” dividends which the regulator said broke shareholder payment rules. Thames Water has been hit with the penalty by water regulator...
Southern Water may not be able to guarantee that water comes out of its customers’ taps but, credit where it is due, it does know how to lay on a metaphor. On the day almost 60,000 Hampshire residents...
Bestway Group, one of Britain’s biggest privately owned companies, is preparing to launch a formal financial restructuring process for its Bargain Booze and Wine Rack chains of off-licences. Sky News ...
The owner of the New York Sun is racing to salvage a £550m takeover of The Daily Telegraph after a period of exclusive negotiations to clinch a deal came to an end. Sky News has learnt that Dovid Efun...
The cost of water bills will go up in the next few years, the industry regulator Ofwat confirmed today. The average bill will go up 36% but how much extra billpayers will be charged depends on what pa...
Average water bills in England and Wales will increase by 36% over the next five years, water regulator Ofwat has said. The rise is equivalent to an average extra of £31 per year. Water companies had ...
The US central bank has announced an interest rate cut, just hours before the Bank of England is tipped to refrain from following suit. The Federal Reserve cut its main funding rate by a quarter point...
An adult incontinence nappy, designed for concertgoers to avoid long queues at toilets, has gone on sale. The limited-editor Pit Diaper, specifically for mosh pits at music gigs, was available for $75...
English rent prices have reached another record high, growing by close to 10% in the past year, official figures show. The typical private rental price in England rose 9.3% in the year up to November,...
