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Labour is looking to strike a deal in the House of Lords on cutting the size of the chamber in an effort to avoid further legislation, the Guardian has learned.

The plan is under consideration as the next step in Labour’s programme of constitutional change, as Conservative peers are preparing …

Thames Water’s debt has been downgraded as the struggling utility company seeks to secure £3bn in emergency funding to stave off collapse, after it emerged that the

government has approached potential administrators

.

The rating agency Moody’s downgraded the company’s debt rating, and increased its view of the …

A senior UK cabinet minister has said he hopes the Southport killer will never leave prison and confirmed that “nothing is off the table” in possible reforms to sentencing as a result of the attack.

On Thursday,

Axel Rudakubana was sentenced to 52 years in prison

for …

Australia’s online safety regulator has expressed “great sadness” after it was revealed a British teenager who fatally stabbed three children in the UK had earlier searched for a video of a Sydney church stabbing on social media that her office had attempted to have taken down.

An eSafety spokesperson on …

Good morning. The debate over Heathrow airport’s expansion has rumbled on for decades, repeatedly derailed by legal challenges, shifts in government policy, and, of course, a global pandemic.

Now, the issue has resurfaced,

propelled by the chancellor

, Rachel Reeves, who has thrown her weight behind the project …

The UK government has reportedly approached multiple restructuring advisers for the role of special administrator for Thames Water if the troubled utility falls into bankruptcy.

Teneo, Interpath and EY are among the companies contacted by the government as it prepares contingency plans should Britain’s largest water company be forced into …

Rachel Reeves will instruct bosses of the national wealth fund (NWF) and the new Office for Investment to work with regional mayors for the first time, as part of a package of initiatives to boost growth across the UK.

.

After a meeting of combined authority mayors and civil servants …

Roughing up industry regulators, jetting to Davos to court the global elite, and preparing to greenlight airport expansion: after a difficult start to the year, Rachel Reeves is working overtime to regain business confidence.

Financial market turbulence at the start of the year has been followed by a pro-growth charm …

Make-your-mind-up time approaches for the board of Thames Water. The directors may not like Ofwat’s so-called

“final determination”

last month – even though it allowed bill increases of 35% over the next five years – but, if they wish to dispute it, they are free to appeal …

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