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...“To achieve this water companies have proposed a record £96bn of investment — a near-doubling of current levels.”...
...Other regulators, including Ofgem, the Financial Conduct Authority and the Prudential Regulation Authority, have internal audit capability requirements, the CIIA said in its letter....
...One person close to Thames Water described the company as “like a flooded room with only an inch of air at the top”....
...The owners of Canary Wharf Group will inject £400mn of fresh capital into the London office district, which has suffered the departure of key tenants as companies cut back office space in response to hybrid...
...The school said: “Following extensive flooding in the region, the Thames Water sewers which serve the town of Eton flooded....
...It is not a sewer for Japan’s nuclear-contaminated water. China strongly urges Japan to stop its wrongdoing,” said ministry spokesperson Wang Wenbin....
...UK regulator Ofwat has warned about the financial health of four water suppliers in England: Thames Water, Southern Water, South East Water and SES Water....
...The government and water authorities “have not spent the required money on maintenance for about a decade — now they’re really just chasing their tails.”...
...Henderson, chief executive of Water UK....
...Palestinian President Mahmoud Abbas has appointed economist Mohammad Mustafa the new prime minister of the Palestinian Authority, according to Wafa, the state-run news agency....
...United Utilities, the rainy North West’s water authority, has a quarter more sewer overflows than average. The government has demanded more than £14bn of investment to address the problem....
...South West Water, which supplies 3.5mn people with water and sewerage services in England, has been criticised by a watchdog for inadequate management and a failure to be “honest” with authorities, risking...
...Water UK said: “England has 100,000 kilometres of older ‘combined’ sewers with more than 15,000 storm overflows. A large proportion of this combined sewer goes back to the Victorian era....
...FTSE 100 water group Pennon has agreed to buy SES Water, which supplies 750,000 customers in south east England, in a sign of continued appetite for UK water assets despite concerns over their performance...
...Thames Water’s new chief executive, Chris Weston, takes the helm of Britain’s largest privatised water company on Monday, facing the daunting task of persuading investors, lenders and regulators to support...
...A bad set of Conservative results would be a serious blow to his authority....
...Local authorities are preparing to sell off hundreds of millions of pounds' worth of land and buildings as a long-term funding squeeze shows no sign of being alleviated by the chancellor’s Budget on March...
...The City of London’s political head has said there are no “deal breakers” for the financial district as it seeks to entice big companies to relocate their headquarters from other parts of the capital or...
...To make sense of it all, I’m joined by Kim Ghattas, distinguished fellow at Columbia University’s Institute of Global Politics. She’s based in Beirut and author of the acclaimed book Black Wave....
...A former Goldman Sachs analyst has been found guilty of insider trading and fraud by a London jury in a high-profile case brought by the UK’s Financial Conduct Authority....
...The Palestinian Authority will be forced to “stop and reconsider everything” it does in as little as two to three weeks if Israel continues to withhold its revenues, the Palestinian finance minister has...
...The PRA penalty follows another from the Financial Conduct Authority, which in December 2021 fined HSBC £64mn for “serious weaknesses” in its anti-money laundering controls....
...Jill Rutter’s account of the recent woes at the top of British government and her suggestion that future cabinet secretaries need to cut the banter and again command authority (Opinion, FT Weekend, November...
...Announcing the plan on Tuesday, the Competition and Markets Authority said 16mn pet owners may be overpaying for medicines and prescriptions....
...Brookfield, which manages more than $900bn, and the Qatar Investment Authority, the sovereign wealth fund....
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