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16.06.26 - 11:36
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Thames Water nationalisation moves closer as government ′objects to rescue deal′ (The Guardian)
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Environment secretary reportedly raises concerns that customers would face 'undue burden' from £10bn planThames Water should be nationalised, says BurnhamBusiness live – latest updatesThe UK environment secretary has objected to a £10bn rescue proposal for Thames Water because it would place an “undue burden” on consumers, pushing the troubled utilities firm closer towards public ownership.Emma Reynolds wrote to the regulator Ofwat on Monday to raise concerns about the plan for the UK's biggest water company as she is worried that customers will lose out. Continue reading......
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16.06.26 - 08:36
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Japan hikes interest rates to highest since 1995 to fight inflation from Iran war; Thames Water rescue in doubt – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsThames Water has moved a step closer to nationalisation after government ministers reportedly formally objected to the £10bn rescue deal proposed by its creditors.According to The Times this morning, environment secretary Emma Reynolds has written to water regulator Ofwat this week to raise concerns about the plan for the struggling, indebted utility giant.Reynolds is understood to be concerned that the creditors' offer for Thames Water is “weak”, not least after “15 years of mismanagement and failure”.Those who support placing Thames into special administration argue that this would give the company a fresh start by forcing existing investors to write off losses and allow the company to be sold without its existing debt pile. Continue reading......
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15.06.26 - 11:15
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Remeha Confida 10: Kaskade für Luft-Wasser-Wärmepumpen in Mehrfamilienhäusern (SolarServer)
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Die Remeha GmbH bringt diesen Sommer die Kaskadenregelung Confida 10 auf den Markt. Das Gerät steuert bis zu drei Außeneinheiten des Typs Confida MB 400 und erschließt damit Mehrfamilienhäuser mit bis zu zwölf Wohneinheiten für Wärmepumpen-Systeme. Für TGA-Planer und SHK-Fachbetriebe eröffnet das neue Planungsoptionen jenseits klassischer Großgeräte. Collage: Remeha GmbH...
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14.06.26 - 14:48
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UK poised to water down 2030 EV sales targets after industry and union pressure (The Guardian)
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Keir Starmer ready to overrule Ed Miliband after warnings that manufacturers would be penalised and jobs put at riskThe UK government is poised to water down its 2030 targets for electric vehicle sales after intense lobbying by the car industry and unions.The government is preparing to consult on less ambitious targets for the transition to fully battery-powered electric cars over the rest of the decade after carmakers and unions warned that they would penalise manufacturers and put jobs at risk. Continue reading......
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13.06.26 - 09:24
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Public control of water and energy at heart of Burnham agenda, sources say (The Guardian)
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Exclusive: Greater Manchester mayor 'serious' about taking over 'essentials of life' if he becomes PM, a move critics say could cost taxpayer billions A decade-long project to bring water and energy into public control will lie at the heart of Andy Burnham's agenda should he become prime minister, according to sources close to the Greater Manchester mayor.Several close allies of Burnham have said he wants to take over broad swathes of UK utilities in an effort to improve performance and potentially reduce bills for consumers. Continue reading......
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