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...Regulator Ofwat is still considering that plan, and is set to publish a draft ruling on June 12 and a final assessment by the end of the year....
...Earlier on Friday Ben-Gvir, the minister for national security who had called for a “crushing attack” against Iran, put a post on X reading: “Weak!”...
...It added: “RBI is committed to achieving the deconsolidation of AO Raiffeisenbank, including via a sale of the unit.”...
...Brennan said a trains modernisation project had been scrapped, a training programme reinstated, and new security staff promised for night services. https://twitter.com/ASLEFunion/status/1775873984023699772...
...Volvo Cars: The Sweden-based carmaker rose 4 per cent after it announced that it had sold almost 79,000 cars in March, an all-time high for sales in a single month and a 25 per cent improvement on the same...
...Biden won the primary easily as a write-in candidate in New Hampshire, but the enthusiasm for Phillips could concern some party members who want a united front behind the president....
...A cut to the higher rate of property capital gains tax. Extension of sunset clauses on energy profit levy....
...The figure for February was revised up from a rise of 0.6 per cent to one of 0.9 per cent....
...oliver.ralph@ft.com...
...In a trading update on Monday, the company said permanent recruitment had been more difficult than the temporary jobs market, as employers looked for flexibility....
...Ours by Phillip B Williams, Granta £18.99, 592 pages Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...The £500mn was the first part of a £750mn commitment made by shareholders last July, which was subject to the implementation of a new business plan....
...This, he said, would involve a doubling of investment in NHS digitisation and transformation this year....
...A company that has been eyeing a target from a distance for a while will need to act quickly if a rival suddenly appears on the scene with an agreed deal. Here, the UK’s takeover rules play their part....
...Metro Bank has promised to cut another £30mn off costs, adding to a £50mn plan already in place, as it pushes ahead with its restructuring programme....
...Nationwide Building Society has announced a £2.9bn deal to acquire Virgin Money, two weeks after the companies agreed the initial terms of a tie-up designed to challenge the dominance of Britain’s biggest...
...The acquisition price is a 38 per cent premium to the share price before the outline deal was announced....
...Phillips could have done this by writing a history of the region since the shortlived Arab uprising. But that would have been a roving story and more complicated to follow....
...Kingfisher, owner of the B&Q, Screwfix and Castorama DIY chains, has warned that profits will fall again this year, after a 25 per cent drop in the year to January....
...UK-based logistics group Wincanton is at the centre of a bidding war, with an agreed buyer increasing its offer and a third party also considering a bid....
...,” the regulator said in a statement....
...The stock is up 8 per cent as the lender unveiled a $1bn share buyback alongside a 19 per cent increase in full-year profits....
...ISS: The Danish outsourcing group fell 10 per cent, despite the announcement of a DKr1bn (€134mn) share buyback....
...HSBC: Shares in the bank dropped 7 per cent after it unveiled a $3bn charge on the value of its stake in a Chinese bank and a further writedown on commercial real estate....
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