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The Latest Breaking News from Chris Weston

Thames Water to tap investors for funds as it will run out of cash by next June

Company is laden with £15.2bn of debt, up £1.3bn on the previous year, most of which could be added to the public purse

The Guardian - UK

China new home prices fall at fastest rate in nearly 10 years; French political uncertainty weighs on markets – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Water watchdog to refuse suppliers’ requests to increase prices

Thames Water requested a bill increase of up to 59 per cent as it faces £15billion of debt, according to reports

The Independent UK

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Look at the Thames and know the time for metaphors is over: our politics is drowning in effluent

It took a sewage-plagued Boat Race to do it, but people can now see the appalling state of England’s water industry and waterways, says Guardian columnist Marina Hyde

The Guardian - UK

Thames Water on road to state rescue amid investor standoff with Ofwat

After regulator resists 40% increase in bills, shareholders deny request for more money – raising prospect of nationalisation

The Guardian - UK

Thames Water boss under fire as he says bills have to go up by 40%

The Communities Secretary branded the water company’s leaders ‘a disgrace’ and claimed the firm had acted in an ‘arrogant way’ towards its customers

Evening Standard

Oxford coach blasts Thames pollution as a national disgrace ahead of Boat Race with Cambridge

NEW DELHI: The coach of Oxford's crew participating in the Boat Race has condemned the pollution in London's River Thames, labeling it a "national disgrace." Concerns arose after testing conducted by a campaign group revealed elevated levels of E.coli along a segment of the Thames in southwest London, where the…

The Times of India

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The Umbrella Academy creator Gerard Way may have the remedy for superhero fatigue in surreal new comic Paranoid Gardens

The new series with Chris Weston and Shaun Simon has been dubbed "Derek meets Doctor Who"

GamesRadar

Few drops of comfort for new Thames Water boss

City Comment: The ex-military man will surely have no illusions about the scale of the challenge in front of him

Evening Standard

Thames Water appoints Chris Weston as boss with up to £2.3m package

Former British Gas executive tasked with leading turnaround in face of debts and controversy over sewage

The Guardian - UK

Thames Water appoints Chris Weston as £850,000 a year CEO

Former boss of FTSE 250 power company Aggreko will run London's 15 million customer utility from 8 January

Evening Standard

Sterling slides back towards record low as Bank of England and Treasury fail to reassure markets – as it happened

Bank of England says it ‘will not hesitate’ to change interest rate but appears to be trying to squash expectations of an emergency rise

The Guardian - UK

Pound hits all-time low against dollar after mini-budget rocks markets

Odds of sterling hitting parity with dollar jump, as analysts say UK bond market ‘getting smoked’ by giveaway

The Guardian - UK

When Caterham enjoyed its finest hour in improbable surroundings

Twenty years ago, a humble Caterham squad took on the Nurburgring 24 Hours and delivered a giant-killing performance that captured the imagination of fans. Here's how the team did it.

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