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The Latest Breaking News from Chris Weston

Thames Water: Inside the Crisis review – the public needs to see this foul mess

Why on earth were cameras invited inside this huge, hated company known for pumping sewage into our waterways? Customers can see the horrors of a dreadful situation they’re paying the price for

The Guardian - UK · Mar 17, 2025

Thames Water has secured a £3bn rescue deal. Here’s what it means for customers

A loan deal designed to prevent the utility company from going bust looks set to go ahead

The Independent UK · Mar 17, 2025

What does Thames Water’s latest court decision mean for customers?

After a court decision moved Thames Water closer to a £3 billion rescue loan, the PA news agency explains why it needs money and what happens next.

Evening Standard · Mar 17, 2025

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Appeal court rules in favour of £3bn bailout for Thames Water

Judges dismiss appeal from campaigners who argued ‘eye-watering’ cost of loan was not in public interest

The Guardian - UK · Mar 17, 2025

Sadiq Khan unveils £7m fund in bid to clean up London's rivers

Funding comes as the mayor hosts a roundtable summit with Thames Water and other agencies - but is criticised for failing to include the London Assembly

Evening Standard · Mar 13, 2025

US unemployment rate rises to 4.1% as economy added 151,000 new jobs in February – as it happened

US dollar hits four-month low after February’s US jobs report shows rise in jobless rate and hiring

The Guardian - UK · Mar 7, 2025

Asian Stocks, Bitcoin Down As Trade Uncertainty Roils Markets

Asian stocks tumbled at the open Friday following a tough day on Wall Street as uncertainty over US President Donald Trump's trade policies roiled markets and traders awaited key US jobs data.

International Business Times · Mar 7, 2025

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Albanese to press Trump for tariff breaks for Australia

Prime Minister Anthony Albanese will attempt to secure Australian companies an exemption from US tariffs in a direct phone call with President Donald Trump.

AAP · Feb 10, 2025

Australian shares give up gains as Trump tariffs start

The ASX200 had been up by as much as 0.8 per cent in early trading but closed slightly lower as US President Donald Trump's levies begin on China.

AAP · Feb 4, 2025

Trump tariffs: markets brace for falls as Mexico and Canada hit back

Fears grow for global trade, with major indices likely to plunge as US trading partners quickly retaliate, raising chance China and EU will follow suit

The Guardian - UK · Feb 2, 2025

What happens if Thames Water goes bankrupt?

The government could take ownership of the water company – along with its £16bn debt pile

The Independent UK · Jan 24, 2025

Thames Water says it will raise base pay of bosses if Ofwat limits bonuses

Struggling water firm tells regulator for England and Wales proposals would make it hard to attract talent to sector

The Guardian - UK · Jan 15, 2025

Revealed: Thames Water diverted ‘cash for clean-ups’ to help pay bonuses

Exclusive: UK’s biggest water company assessed risks before cutting back on cost of environmental work, investigation shows

The Guardian - UK · Dec 23, 2024

Thames Water boss defends six-figure bonuses and pushes for steep bills hikes

Chris Weston’s comments come ahead of a crunch Ofwat decision next week on whether Thames Water can increase consumer bills by 59%

Evening Standard · Dec 10, 2024

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The Independent UK · Dec 10, 2024

Thames Water boss defends bonuses and repeats calls for steep bills hikes

Chris Weston’s comments come ahead of a crunch Ofwat decision next week on whether Thames Water can increase consumer bills by 59%.

Evening Standard · Dec 10, 2024

Thames Water debt hits £15.8bn but boss hails turnaround progress

The crisis-hit utility reported a jump in pollution incidents and said a ruling by Ofwat later this month will be fundamental to its future

The Independent UK · Dec 10, 2024

Thames Water reports 40% rise in pollution incidents as debts swell

The company blamed an especially wet spring and summer as it reported 359 pollution incidents during the period.

AAP · Nov 14, 2024

Banks help ASX edge higher after three days in the red

The ASX200 has edged higher to lift itself out of a three-day losing streak, as gains in IT stocks and financials outweigh a sluggish materials sector.

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The Guardian - UK · Oct 25, 2024

Struggling Thames Water pushes for £3bn lifeline with cash due to run out in December

Fresh funds are ‘liquidity bridge’ to stabilise firm and give it time to secure long-term investment, says boss

Evening Standard · Oct 25, 2024

Thames Water launches plan to raise up to £3bn in emergency funding

The struggling utilities giant has put forward the deal amid continued efforts to restructure its significant debt pile.

AAP · Sep 9, 2024

Australian shares rebound but still lose ground

The ASX200 has finished 0.3 per cent lower, recovering ground after being down by as much as 1.2 per cent in early trading.

The Conversation · Aug 8, 2024

Five wonderful and weird comics to read if you love Umbrella Academy

The Umbrella Academy is the story of seven adopted superhuman misfits and their super-rich father, Sir Reginald Hargreeves (AKA the Monocle). If you have watched the television adaptation, which is barrelling into its last season, you will already be fans of the mix of conspiracy, US ephemera and choreographed ultraviolence…

The Guardian - UK · Jul 12, 2024

Thames Water hit with £39m of penalties after missing regulatory targets

Performance report shows debt-laden company missed 21 targets in areas from pollution to supply interruption

Evening Standard · Jul 11, 2024

Thames Water bills to shoot up by almost £100 over the next five years

The company has warned that it could run out of money by next May if it is not allowed to put up bills by 59%

Evening Standard · Jul 9, 2024

Thames Water blames climate change after sewage discharge into rivers doubles

Firm under fire as it admits huge increase in pollution as it pushes for 59 per cent bill hike and pays out £195million to shareholders

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