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The Latest Breaking News from Emma Reynolds

Thames Water finance boss bags £1m pay day despite ongoing crisis at debt-ridden firm

A new CFO arrived last year as the company struggles under billions of debt

The Independent UK

'We Can Afford It': Over 100 UK Millionaires Urge Andy Burnham to Tax Them More to Fund Public Services

Over 120 UK millionaires, including Gary Lineker and Brian Eno, urge Prime Minister Andy Burnham to introduce higher taxes on the wealthy to fund public services and tackle inequality.

International Business Times UK

Burnham defends limiting business rate cuts, saying pubs are ‘our heritage’

He said 20% being knocked off rates for pubs, clubs and live music venues across England from April next year was a ‘first step’ to help businesses.

The Independent UK

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'I welcome it': Minister reacts to UK millionaires' plea to pay more tax

Gary Lineker is among the signatories of the ‘Proud to Pay’ letter, which claims cash raised from higher taxes on wealth could be used to reduce inequality,

Evening Standard

Minister declines to say whether Burnham will heed Lineker’s call for wealth tax

Former footballer Gary Lineker is among 120 UK millionaires urging the Government to tax wealth.

Evening Standard

Burnham cuts business rates for pubs, clubs and music venues across England

It is expected to save a typical pub some £1,100 annually, but will not be available to the very largest live music venues.

Evening Standard

Besieged by lobbyists, will UK ministers protect our ecosystems? No, they’ll chicken out

Industrial poultry farming is killing our rivers. But rather than stop it, the government has been facilitating it. Will Andy Burnham end this ecocide, asks Guardian columnist George Monbiot

The Guardian - UK

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Who's in Andy Burnham's Government? Complete list of ministers chosen by new PM

Who are the new ministers in Andy Burnham’s Government?

Evening Standard

Thames Water investors offer ‘golden share’ in bid to head off nationalisation

Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public control

The Guardian - UK

Andy Burnham Faces Thames Water Showdown as Investors Prepare Multi-Billion-Pound Legal Fight

Thames Water's creditors prepare for legal action if the government nationalises the utility, amid ongoing discussions about a private rescue plan versus public ownership.

International Business Times UK

Thames Water lenders plan to fight Andy Burnham on nationalisation

Investors in a takeover deal for Thames Water reportedly feel Andy Burnham’s new government will take a hard line on their proposals

Evening Standard

Poultry sector growth plan risks UK national security, campaigners warn

Government’s food security push is said to rely on animal feed imports with vulnerability to supply chain shocks

The Guardian - UK

Dartmoor ponies saved from culling risk after fears of extinction

Campaigners and farmers feared the initial measures could lead to the ‘devastation’ of the endangered breed

The Independent UK

Ministers plan legally binding debt targets for England’s water companies

Exclusive: Move comes as allies of Andy Burnham work on proposals to take water companies into public control

The Guardian - UK

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The Independent UK

Full list of Labour MPs to nominate Andy Burnham – including 18 members of Starmer’s cabinet

Ed Miliband, Chief Whip Jonathan Reynolds and Chief Secretary Darren Jones are among those who have put their names behind Mr Burnham

The Independent UK

UK’s ageing key infrastructure exposed in extreme heat as ministers urged to tackle ‘silent killer’

As Britain experiences its hottest June day in history, experts demand that the government take action on key infrastructure, as thousands of schools shut down and three hospitals declare critical incidents

The Guardian - UK

The tide is turning on Thames Water: special administration looks best

It is still not totally clear what the government wants but the political mood seems to be shifting towards a decision

Evening Standard

£10bn Thames Water rescue bid poses ‘unfair costs to customers’ – minister

Environment Secretary Emma Reynolds has warned the proposals to rescue the stricken utility do not sufficiently protect consumers or the environment.

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Evening Standard

Government raises doubts over £10bn rescue deal for troubled Thames Water

The Environment Secretary said she had written to regulator Ofwat to say the rescue bid did not sufficiently protect consumers’ interests.

The Times of India

Thames water crisis deepens after government objects to £10bn rescue plan

Britain's largest water supplier, Thames Water, faces potential government control as ministers question a £10 billion rescue plan. Serving 16 million, the debt-laden company could enter a temporary nationalisation if regulators reject the creditor-led proposal. Concerns centre on customer burdens and environmental protections amid years of mismanagement.

The Independent UK

Concerns over rescue deal could mean Thames Water is nationalised

IN FULL

The Independent UK

Thames Water edges closer to nationalisation amid minister’s concerns over rescue deal

Environment secretary Emma Reynolds is understood to be concerned the deal places an ‘undue’ burden on taxpayers

Evening Standard

Thames Water rescue in doubt as Government ‘raises objections over deal’

Emma Reynolds is said to have written to Ofwat warning the current bid tabled by Thames Water creditors would place an ‘undue burden’ on customers.

The Guardian - UK

Brent crude falls to three-month low below $80 as Iranian oil tankers ‘resume shipping’ – as it happened

Rolling coverage of the latest economic and financial news

International Business Times UK

Are You Ready for Britain's Next Big Crisis? Experts Warn a Food Emergency May Be Closer Than You Think

Experts warn Britain could face a food crisis driven by climate change, inflation and fragile supply chains, urging reforms to prevent shortages.

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