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...It triggered a building safety crisis that led to defects being identified in residential blocks across the country and has left some leaseholders unable to sell their properties and facing huge bills....
...a stand-off between the pension and sovereign wealth funds that own the business and water regulator Ofwat, over everything from the amount of new money shareholders need to put in to how much customer bills...
...One issue is that Kemble is reliant on dividends paid by the regulated operating company, which receives the cash from customer bills....
...The calm owes much to the shale fields of North Dakota and West Texas which have left global markets awash with American oil. UK elections: Summer or autumn?...
...Delegates queued to see former US president Bill Clinton, Argentine President Javier Milei and hedge fund tycoon Ken Griffin....
...More darkly, former Rolling Stones bass guitarist Bill Wyman admitted in his autobiography that he met his future wife Mandy Smith when she was underage: “She was a woman at 13.”...
...Jessica SmithI’m Jess Smith and here’s the news you need to start your day. [MUSIC PLAYING] Tesla’s first-quarter earnings are out tomorrow, and they could be the worst in seven years....
...The bill for meeting climate goals will be immense....
...South Dakota governor Kristi Noem’s chances appear to have slipped after she boasted in a memoir about killing her pet dog....
...Congress: House Republicans are expected to unveil a bill that would require voters to provide proof of American citizenship to vote, an idea unveiled last month by Donald Trump and Speaker Mike Johnson....
...Butlin’s is suing insurers led by Aviva over a £60mn bill from a flood that shut down its largest holiday resort in a dispute over whether heavy rainfall constituted a “storm”....
...The lower house, where Milei’s La Libertad Avanza coalition controls fewer than 15 per cent of seats, had voted to approve the base of Milei’s “omnibus bill” last Friday....
...Now they are asking for bill payers to take the hit for their failings.”...
...US aid: The Pentagon is rushing $1bn in new weapons to Ukraine from US stockpiles after President Joe Biden signed a highly anticipated aid bill yesterday. 3....
...The state reform bill includes an incentive scheme for big investments, a relaxation of labour market rules and a green light to eventually eliminate some public agencies and privatise some state-owned companies...
...Separately, North Dakota will hold its Republican presidential primary today. Five more top stories 1....
...High winds and flying debris from a series of storms, including Babet, Ciaran and Debi in October and November, left a trail of damage, with subsequent widespread flooding contributing £286mn to the bill...
...Lawmakers largely ignored an intense lobbying campaign by TikTok in recent days and voted 352-65 to back the bill....
...By the time Macquarie sold its final stake in Thames Water in 2017, the company had spent £11bn from customer bills on infrastructure....
...Shareholders had been due to inject another £500mn into Thames Water by the end of last month, but last week refused to do so unless regulator Ofwat approved a 56 per cent real-terms increase in customer bills...
...The investors’ initial proposals to Ofwat would have meant a 56 per cent increase in bills, including inflation, by 2030....
...That commitment relied on Ofwat agreeing to a 56 per cent increase in water bills over the next five years as well as leniency on regulatory fines....
...regulator Ofwat over the amount of shareholder equity needed to support the water company, which requires billions of pounds to overhaul its ageing infrastructure, and the size of increases in customer bills...
...He said that an infamous anecdote that Ashley once settled a dispute over a six-figure legal bill with the pub game spoof was, in particular, “quite a serious” matter....
...Mamet recounts the unlikely rise of a dry cleaner who realised that his Hollywood clients settled his bills without looking at them....
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