Ofwat hits ailing Thames Water with £40m fine over dividend payments | Business news

Britain’s biggest water company has been warned it faces a fine of more than £40m for allowing a £37.5m dividend to be paid to its owners last year, Sky News has learned. Per Mark Kleinman, editor of the City @MarkKleinmanSky Saturday 1 June 2024 12:09 PM UK Britain’s biggest water company has been told it … Read more

Business manifestos: six pre-election proposals praised by British industry | Business

Business interest groups are fighting to influence the priorities of political parties ahead of the July 4 election. Here are some of the big ideas being touted by the UK’s biggest industry bodies in their manifestos. Savings schemes at the workplace The Association of Housing Associations is calling for a workplace savings scheme to help … Read more

Budweiser clarifies ‘100% renewable electricity’ claim on UK website after complaint to ASA | Business news

The brewery has been accused of a “big lie” and burying the truth in the “fine print”, despite an “informal resolution” of a complaint to the advertising regulator. Per Sarah Taaffe-Maguire, business journalist @taaffems Thursday 30 May 2024 15:32 UK Budweiser had to clarify the claim on its website that its beer is produced using … Read more