Thames Water Ready to Clear Out Top Managers
Thames Water Bidders to Clear Out Top Managers Bidders for Thames Water are prepared to fire key senior managers if necessary as part of their plan to restructure the stricken…
Energy Bills to Rise by More than Expected
Energy Bills to Rise by More than Expected Ahead of Winter Gas and electricity prices will rise by 2% for millions of households under the latest cap announced by energy…
Thames Water: Battling to Avoid Administration
Thames Water, Battling to Avoid Administration Thames Water announced on Wednesday the regulator had given it some breathing space to repay 123 million pounds ($166 million) worth of fines, as…
Plan for Electricity Bills Based on Region Dropped
Plan for Electricity Bills Based on Region Dropped Plans to set people’s electricity bills based on where they live have been dropped by the government. Energy Secretary Ed Miliband said…
Thames Water Nationalisation ‘Not the Answer’
Thames Water Nationalisation ‘Not the Answer’ Government Rejects Thames Water Nationalisation After £4bn Rescue Deal Collapses Environment Secretary Steve Reed has ruled out nationalising Thames Water, warning it would drain…
Blow to Thames Water as KKR Pulls Out of Equity Raise
KKR Pulls Out of Rescue Deal: Major Blow to Thames Water Thames Water’s efforts to avoid nationalisation have been dealt a major setback after U.S. private equity firm KKR walked…
Thames Water Secures £3bn Lifeline
Thames Water Secures £3bn Lifeline after Court Ruling Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden…
London Council Hit by 20,000 Cyberattacks Every Day
London Council Hit by 20,000 Cyberattacks Every Day A West London council has revealed it is hit by around 20,000 attempted cyber attacks every day. Hammersmith and Fulham says it…
Met Given More Money for Capital City Policing
Met Given More Money for Capital City Policing The Metropolitan Police will get an extra £65m next year to cover the cost of policing the capital, a Home Office minister…
London Firefighters Halt Automatic Alarm Callouts
London Firefighters Halt Automatic Alarm Callouts Firefighters in London will no longer attend automatic alarms in most non-residential buildings – unless they are told a fire is definitely happening. London…