Political News
Thames Water in crisis as investors pull £500m bailout
Struggling UK utility Thames Water faced a funding crisis on Thursday as shareholders pulled a £500m bailout after regulators refused its demands to hit customers with massive price hikes, greater leniency for polluting waterways and pay out higher dividends, while its parent company also admitted it couldn't pay back a £190m loan.
UAE bid for Telegraph looks over as UK govt mulls full probe of deal
An Abu Dhabi-backed bid for the Telegraph newspaper group looks doomed to fail after the UK government said it was minded to refer the deal to regulators for investigation amid concerns over foreign ownership.
Government to block UAE bid for Telegraph with foreign ownership ban
The government is set to announce a ban on foreign governments owning newspapers and magazines in the UK, it emerged on Wednesday, effectively halting the Abu Dhabi-led takeover bid of the Daily and Sunday Telegraph.