Water plant that caused Tunbridge Wells supply failure was given risk notice in 2024 Watchdog investigating South East Water contamination issue had previously warned of potential health danger
Record numbers becoming billionaires through inheritance, UBS report finds Swiss bank says bequests made 91 people billionaires, while overall number jumped from 2,682 in 2024 to 2,919 this year
Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials Co-founders’ acquisition of Venture Global shares before key permit granted draws scrutiny as pair deny wrongdoing
Households face higher energy bills as £28bn grid upgrade gets go-ahead Plan to improve gas networks and rewire electricity systems across Great Britain likely to add £30 to average annual bill
‘People had forgotten about it’: onboard the 7am Manchester-London train service saved from axe Passengers welcome climbdown and say plan to turn Avanti West Coast service into ‘ghost train’ made no sense
Refinancing is delayed at Thames Water. If Ofwat is playing hard, it should keep going Discussions are ‘taking longer than expected’, which may mean regulator is tearing chunks out of creditors’ proposal
‘I’m rapt!’: meatball chants but no mania as New Zealand assembles for first Ikea store Overnight camping was banned and motorists were told to plan their journey as New Zealand finally joined the flatpack family
Advertising giant WPP relegated from FTSE 100 after nearly 30 years Market value of ad group that was once world’s largest plummets from about £24bn in 2017 to £3.1bn
Post Office avoids fine over leak of wrongfully convicted operators’ names ICO reprimands company over accidental publishing of data about people caught up in Horizon IT scandal
EU looks at legally forcing industries to reduce purchases from China Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements
Historic Smithfield and Billingsgate markets find new home in Docklands City of London corporation names Albert Island near City airport in Docklands for meat and fish markets
HSBC has a new chair but the succession process should have been slicker This is the UK’s second-largest listed company, and the European bank most exposed to declining US-China relations
UK using more wood to make electricity than ever, Drax figures show Giant biomass plant reveals burning of wood pellets made 9% of UK’s electricity in July, its largest ever monthly share
Thames Water profits surge on higher bills; Prada buys Versace for $1.4bn – as it happened Rolling coverage of the latest economic and financial news
Design boss behind new Jaguar leaves JLR weeks after change of CEO Gerry McGovern reportedly removed from role of chief creative officer after 20 years with business