Exclusive: Utility seen as ‘litmus test’ of PM’s promise to bring ‘essentials of life’ under public controlAndy Burnham has told officials to rip up their plans for how to fix Thames Water and present him with more radical options for what to do with the stricken company.In an early test of his promise to bring “the essentials of life” under public control, the prime minister is urging his advisers to go back to the drawing board and create a new list of policies for the utility. Continue reading...
In California, the world’s first referendum on a billionaire tax takes place. The economist Emmanuel Saez co-designed it. He hopes for a turning point.
More than 160 offshore rig workers plan walkout amid rising tensions between unions and oil companies North Sea workers are preparing to strike at oil rigs across the ageing basin over the coming weeks in a sign of growing tensions between trade unions and oil companies.The Unite union said on Monday that more than 160 offshore rig workers would take part in a 24-hour strike from Wednesday that could “severely disrupt” UK fuel supplies. Continue reading...
Former BBC presenter says programme starring Martin Clunes gave a misleading and unfair account of his downfallBritain’s media regulator is investigating a complaint from the former BBC news presenter Huw Edwards about a Channel 5 drama depicting his downfall.Ofcom said it was investigating Power: The Downfall of Huw Edwards, which starred Martin Clunes and was broadcast earlier this year, under its “fairness and privacy” rules. Continue reading...
American warship sank in 1944 with approximately 1,400 tonnes of munitions onboardA sunken US wartime ship in the Thames estuary holding enough unexploded bombs to devastate a Kent coastal town and send a tidal wave through London has been made slightly safer, ministers have announced.Engineers have removed the masts of the SS Richard Montgomery – a second world war cargo ship that sank in 1944 with approximately 1,400 tonnes of munitions onboard – without triggering the kind of feared explosion that has kept the wreck under constant guard for decades. Continue reading...
Neso control room staff accused senior executives of covering up extent of blackout risks during June heatwaveIndependent investigators have found significant and concerning “cultural issues” at Great Britain’s grid operator after control room staff accused senior executives of covering up the extent of blackout risks in the UK during the June heatwave.An external legal firm tasked with investigating a series of whistleblower allegations against the National Energy System Operator (Neso) raised concerns over how high levels stress among control room engineers was handled by the compa...
Difference between French and German borrowing costs widens after public buildings burned and shops lootedFrance has been hit by a fresh wave of selling in its bond and stock markets after violent protests over the weekend led to thousands of arrests and left public buildings burned and hundreds of shops looted across the country.The chaos has spooked investors as analysts worried that it would undermine Paris’s efforts to cut spending and reduce its debt. Continue reading...
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