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The Latest Breaking News from David Black

Thames Water refuses to claw back bonuses paid using £3bn emergency loan

Money was paid out from loan meant to stabilise firm’s finances weeks before it paused retention payments plan

The Guardian - UK

Thames Water fined record £123m over sewage breaches and dividend payments

Regulator Ofwat said Thames had ‘let down its customers and failed to protect the environment’ as it issued the water industry’s biggest ever fine.

The Independent UK

Thames Water hit with £123m of fines over sewage and dividend breaches

As Ofwat imposes record fine for environmental failing, minister says ‘era of profiting from failure is over’

The Guardian - UK

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Thames Water hit by record £123 million fines over "betrayal of customers"

Huge penalties relate to “systemic” wastewater failures and breaches of rules over dividend payments

Evening Standard

Watchdog tells water firms to speed up building new reservoirs

Ofwat said water company bosses must find ways to ‘achieve earlier completion’ on major projects in the coming years.

The Independent UK

It’s tough at the top – but which business leader has the most at stake in 2025?

From post and planes to TV, phones and retail chains – and even a central bank – here are the chiefs facing the most testing of times

The Guardian - UK

Households to face average £86 hike to water bills next year alone

Consumer groups said the bill rises will be more than many households can afford, as campaigners accused Ofwat of caving to pressure from firms.

The Independent UK

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Household water bills to rise by an average £31 a year from April

The increase is significantly higher than the expected average rise of around £20 a year per household.

The Independent UK

Water companies in England ‘using loopholes’ to avoid paying for outages

Ofwat CEO says rules must be changed so that customers left without water get compensation automatically

The Guardian - UK

Ofwat boss denies failing to regulate water firms despite huge debts

David Black said water companies need to make ‘changes across the board’ but he ‘wouldn’t agree’ that regulators have failed.

Evening Standard

Shein’s UK profits double; Water companies penalised for poor performance; China targets EU brandy – as it happened

Rolling coverage of the latest economic and financial news, as UK gilt yields rise and water companies face paying £157m to customers

The Guardian - UK

Every single water company in England and Wales now facing huge sewage investigation by regulator

Ofwat aim to conclude the cases against the water companies ‘as quickly as possible’ so the sector can focus on cleaning up the rivers and seas

The Independent UK

'Devastating': Scottish town's model railway destroyed in 'deliberate fire'

POLICE are investigating after a break-in and deliberate fire destroyed volunteers’ “tireless” work on a Scottish town’s model railway ...

The National (Scotland)

Thames Water funding crisis: the key players in the row over its future

In latest twist to finger-pointing standoff, debt-stricken supplier’s parent company has defaulted on loan

The Guardian - UK

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The Guardian - UK

What now for Thames Water as investors turn off the taps?

With £500m of emergency funding withdrawn, calls are growing for the stricken company to be taken into public ownership

The Guardian - UK

Thames Water apologises to MPs for ‘confusion’ over £500m loan

Labour MP calls firm’s finances an ‘absolute shambles’ as Ofwat vows it is prepared to put it into administration

The Independent UK

Water firms want annual bills to rise £156 to help them stop sewage spills

The water industry said the £96 billion investment will reduce sewage spills and leaks, while helping to secure future supply

Evening Standard

Inside the capital’s water crisis — are Londoners’ taps about to run dry?

After years of piling on debt and sucking out profits to pay shareholders rather than improve infrastructure, Thames Water is near collapse — leaving the city 24 hours away from having its supply turned off. Claire Cohen investigates

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news in one place.

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The Guardian - UK

Ofwat boss denies water industry badly regulated as he predicts higher bills

David Black says water firms’ debt is ‘their issue to sort out’ because regulator did not have powers to tackle problem until recently

The Guardian - UK

Rail firms unveil plans for mass closure of England’s ticket offices to ‘modernise’ railway – as it happened

Plans will ramp up battle with unions; boss of water watchdog says higher water bills are coming to fund infrastructure improvements

Evening Standard

Ofwat wants to kick-start 31 schemes worth £1.6bn to improve water infrastructure

The regulator wants to approve 31 investment schemes that water companies have promised to begin sooner than planned.

Belfast Live

Northern Ireland prisons paramilitary separation won't be easy to scrap, MPs told

NI Affairs Committee told how prison officers continue to live under a severe threat of attack

Manchester Evening News

ITV This Morning viewers make the same 'awkward' remark just seconds into the show

Holly Willoughby and Phillip Schofield returned to screens

Zenger

Man Spends $12K On Outfits, Singing Lessons To Become Elvis Impersonator

He wanted to be a performer since the age of 10 and spends $12K on outfits, singing lessons to become Elvis impersonator.

Wales Online

Elvis impersonator 'living his dream' spends £10k of redundancy money on outfits and singing lessons

David bought a year of singing lessons in 2021 and spent thousands on custom-made bedazzled pleather suits costing £1,700 each

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