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UK government contacts potential administrators for Thames Water
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 …
Canada’s top court to hear challenge to controversial Quebec secularism law
Canada’s top court has agreed to hear a challenge to Quebec’s controversial secularism law, paving the way for a fierce debate over provincial powers and the fundamental rights of ethnic and religious minorities.
The supreme court signaled on Thursday that it would grant leave to appeal against the 2019 law …
Reeves to instruct national wealth fund to work with mayors to boost growth
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.
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After a meeting of combined authority mayors and civil servants …
Barclays CEO’s maximum pay could rise by 45% to more than £14m
The Barclays chief executive, CS Venkatakrishnan, could see his maximum pay package rise by 45% to more than £14m, as part of a new deal being considered by the bank’s board.
The high street lender is understood to have written to the bank’s largest shareholders regarding potential plans to overhaul …
Are Rachel Reeves’s efforts to win business confidence ‘fiddling while Rome burns’?
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 …
Storm Éowyn expected to be one of most dangerous on record in Ireland
Ireland is bracing for what has been described as one of the most dangerous storms ever seen, with the national weather centre warning of violent winds from 2am on Friday.
Emergency services were on high alert and the country was preparing for a virtual standstill on Friday, with airports, schools, …
Thousands of customers affected by outages across Three network in UK
Thousands of people in the UK have been left unable to make or receive phone calls due to outages across the Three network.
Downdetector, a website that tracks outages, showed more than 10,000 reports of issues across the mobile network on Thursday.
Customers using smaller mobile companies Smarty and iD …
Child deaths in England rising above pre-pandemic levels, study finds
Child deaths in England have risen to new levels after a temporary fall during the Covid-19 pandemic, a study has found.
journal, shows children were less likely to die between April 2020 and March 2021, a period when lockdowns were …Kevin Sinfield urges England players to ‘come out swinging’ for Six Nations
RFU’s Bill Sweeney refuses to apologise for taking £358,000 bonus
Bill Sweeney has revealed he is determined to stay on as the Rugby Football Union’s chief executive until 2027 – even if he loses a forthcoming vote of no confidence – and refused to apologise for accepting a £358,000 bonus amid record losses and redundancies.
Sweeney also distanced himself from …