• Monday newspaper round-up: Thames Water, spending review, John Lewis

  Monday 09 Jun 2025

  (Sharecast News) - Ministers could bring water companies into public ownership for minimal cost through a process designed to safeguard vital public services when the companies running them are failing, a thinktank report has argued. According to the report by Common Wealth, ministers could use a process known as special administration to take over a company like Thames Water and, rather than transfer it to another private company, keep it under permanent public ownership. - Guardian

• Friday newspaper round-up: Water companies, Amazon, Elon Musk

  Friday 06 Jun 2025

  (Sharecast News) - Bonuses for 10 water company executives in England, including the boss of Thames Water, will be banned with immediate effect over serious sewage pollution, as part of new powers brought in by the Labour government. The top executives of six water companies who have overseen the most serious pollution events will not receive performance rewards this year, the environment said. - Guardian

• Thursday newspaper round-up: Shein, HMRC, Tesla

  Thursday 05 Jun 2025

  (Sharecast News) - Consumer watchdogs from 21 countries have filed a formal complaint to EU authorities about alleged "dark" practices by the Chinese fast fashion firm Shein including the "shaming" of customers into buying more than they can afford. The European Consumer Organisation (BEUC) has submitted a 29-page dossier to the European Commission citing multiple examples of "dark patterns", or deceptive techniques designed to encourage purchases. - Guardian

• Wednesday newspaper round-up: Tariffs, Rockfire Investment Finance, housebuilding target

  Wednesday 04 Jun 2025

  (Sharecast News) - The White House has signalled that the UK will be spared the 50% steel and aluminium tariffs which came into effect on Wednesday. In a statement, the US president, Donald Trump, said he had decided to "provide different treatment" to the UK after a deal that was struck between Washington and London last month. The executive order signed by Trump on Tuesday evening will still raise import taxes for US firms buying from other countries. - Guardian

• Tuesday newspaper round-up: M&S, Boohoo, commercial landlords

  Tuesday 03 Jun 2025

  (Sharecast News) - The pay package of Marks & Spencer's chief executive jumped to more than £7m just weeks before the cyber-attack that rocked the retailer. Stuart Machin received £7.1m for last financial year, up nearly 40% on the £5.1m he took home a year earlier, according to its annual report. He received the bump thanks to a sharp rise in performance-linked bonuses. - Guardian

• Monday newspaper round-up: Starling Bank, US debt, airline tickets

  Monday 02 Jun 2025

  (Sharecast News) - The UK government is being pressed to wipe billions from the energy costs facing households and heavy industry by reforming the high taxes levied on electricity bills. These policy levies mean the UK pays some of the highest energy bills in the world, and are simultaneously disadvantaging British industry and stifling the efforts of households to transition to lower-carbon heating systems, according to industry trade groups. - Guardian

• Sunday newspaper round-up: Steel tariffs, IAG, NatWest

  Sunday 01 Jun 2025

  (Sharecast News) - UK trade secretary Jonathan Reynolds will meet with his opposite number in the US during the coming week to negotiate a timeline for exempting the UK from America's steel and aluminium tariffs. Last Friday, Donald Trump said that they would be doubled from 25% to 50% starting from 4 June. Hopes on this side of the Pond are that the deal will be in place within weeks. - Guardian

• Friday newspaper round-up: Andrew Bailey, The Telegraph, pensions, Michael O'Leary

  Friday 30 May 2025

  (Sharecast News) - The UK is on the brink of signing a £1.6bn trade agreement with Gulf states, amid warnings from rights groups that the deal makes no concrete provisions on human rights, modern slavery or the environment. The deal with the Gulf Cooperation Council - which includes the countries Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates - is within touching distance, making it a fourth trading agreement by Keir Starmer after pacts were struck with the US, India and the EU. - Guardian

• Friday newspaper round-up: Baby formula, electric vehicles, Fresnillo

  Thursday 29 May 2025

  (Sharecast News) - Baby formula prices remain close to historic highs more than 18 months after the UK competition watchdog began an investigation into the market, with the government a week late in responding to its proposed remedies. The cost of infant formula fell only 50p on average last year, to £11.99 a tin, compared with £11.10 in 2021, with the most expensive priced at £18. - Guardian

• Wednesday newspaper round-up: House prices, Starlink, John Lewis

  Wednesday 28 May 2025

  (Sharecast News) - Donald Trump's global tariff trade war is "nonsense and stupid" and will damage every country in the world, including the US, the boss of one of Britain's most powerful property companies has said. Mark Preston, chief executive of the 348-year-old Grosvenor Group, controlled by the Duke of Westminster, said he was "convinced" that the president's sweeping tariff policies would ultimately be removed. - Guardian

• Wednesday newspaper round-up: House prices, Starlink, John Lewis

  Wednesday 28 May 2025

  (Sharecast News) - Donald Trump's global tariff trade war is "nonsense and stupid" and will damage every country in the world, including the US, the boss of one of Britain's most powerful property companies has said. Mark Preston, chief executive of the 348-year-old Grosvenor Group, controlled by the Duke of Westminster, said he was "convinced" that the president's sweeping tariff policies would ultimately be removed. - Guardian

• Tuesday newspaper round-up: Liberty Steel, food inflation, Volvo, IPOs

  Tuesday 27 May 2025

  (Sharecast News) - Liberty Steel's operations in South Yorkshire lost £340m in four years, according to figures that shine a light on the difficulties facing a business on the brink of liquidation that employs 1,450 people. The company, owned by the metals magnate Sanjeev Gupta, is desperately searching for investors or lenders before a 16 July deadline, after London's high court granted it extra time last week. - Guardian

• Sunday newspaper round-up: EasyJet, Thames Water, EU tariffs

  Monday 26 May 2025

  (Sharecast News) - EasyJet is set to restart its long-running feud with arch-rival Ryanair with the substitution of 80 of its smallest jets, A319s, for larger and more efficient models. Ryanair is also renewing its fleet, but the move is being hampered by a production crisis at Boeing, among other considerations. According to EasyJet chief executive officer Kenton Jarvis the upgrade of its fleet as a key driver of its bid to raise its annual pre-tax profits to more than £1bn. - The Sunday Telegraph

• Friday newspaper round-up: FTC windfall tax, BYD

  Friday 23 May 2025

  (Sharecast News) - The bank holiday getaway is likely to be a tricky one, with transport analysts predicting congested roads and the year's busiest day so far for departing airports, while long-distance rail passengers dodge the start of more engineering work. Motoring organisations forecast traffic to be at its worst on Friday, with many drivers surveyed apparently taking an extra day off before the long weekend and half-term break for most schools in England and Wales. - Guardian

• Thursday newspaper round-up: Liberty Steel, HSBC, NMC

  Thursday 22 May 2025

  (Sharecast News) - Liberty Steel has produced nothing at two of its key UK plants since July, in a sign of the deep financial difficulties for Britain's third-biggest steelmaker as it looks for rescue funding. The plants at Rotherham in South Yorkshire and Motherwell in Scotland have not produced any steel for about nine months because of a lack of funds to buy vital materials, with staff on furlough on 85% of their salaries for the duration, according to workers who spoke to the Guardian. - Guardian

• Wednesday newspaper round-up: Thames Water, Anglian Water, Telegraph, Greenergy

  Wednesday 21 May 2025

  (Sharecast News) - Two of Britain's biggest water companies, Thames Water and Anglian Water, face more than 50 criminal investigations between them as part of a crackdown on sewage dumping, the government has said. The utilities were subject to the bulk of a record 81 investigations into water companies between last July's general election and March 2025, according to new data. - Guardian

• Tuesday newspaper round-up: Post Office, factories, ISAs

  Tuesday 20 May 2025

  (Sharecast News) - Hundreds of former sub-postmasters will reportedly be compensated by the Post Office after it accidentally leaked their names and addresses in June 2024. According to the BBC, the Post Office has confirmed that individual payouts will be capped at £5,000 although higher claims may still be pursued. It comes almost a year after 555 victims of the Horizon IT scandal had their personal details published on a website. - Guardian

• Monday newspaper round-up: Santander UK, Thames Water, Oxford Quantum Circuits

  Monday 19 May 2025

  (Sharecast News) - Santander UK is freezing salaries, slashing bonuses and cutting jobs across its commercial banking arm as part of a wider shake-up that could help make the bank more attractive to potential buyers. The bank began unexpectedly changing bankers' job titles and shuffling staff into new teams earlier this month amid a larger review of the Spanish lender's UK business, where there is mounting frustration over regulations and costs. - Guardian

• Sunday newspaper round-up: Ireland, US credit rating, Trump

  Sunday 18 May 2025

  (Sharecast News) - Should Brussels fail to clinch a trade deal with the US, then Ireland's economy could either lose - or fail to create - 25,000 jobs as the White House looks to prompt US tech and pharma companies back home. The warning followed Dublin's decision to cut its growth forecasts for 2025 and 2026. A prolonged trade war meanwhile could see growth slow by a third in 2026 relative to previous expectations and fall below 2%. - The Sunday Telegraph

• Friday newspaper round-up: Thames Water, Wireless Logic, United Health

  Friday 16 May 2025

  (Sharecast News) - Ministers plan to use new powers to block bosses from Thames Water taking bonuses worth hundreds of thousands of pounds as the company fights for survival, the Guardian can reveal. Britain's biggest water company admitted this week that senior managers are in line for "substantial" bonuses linked to an emergency £3bn loan. - Guardian

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