Author: News Desk

Economist says sector’s financial stability is worrying as firms have borrowed heavily to pay dividends Water companies are struggling to hold their finances in order as interest rates rise on the huge debts they have taken on to pay dividends, according to a leading economist. Dieter Helm, a professor of economic policy at the University of Oxford and an adviser to governments, said there were worrying signs from water companies about their financial stability as the economic crisis pushes up interest rates. Continue reading… ​Economist says sector’s financial stability is worrying as firms have borrowed heavily to pay dividendsWater companies…

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When is PMQs? Liz Truss to be grilled on U-turns  This week’s Prime Minister’s Questions may just be the most important task facing Liz Truss this week. The PM has not spoken in public since a brief press conference on Friday. It has led to accusations the PM is dodging questions and refusing to answer to the disastrous mini-Budget and the many U-turns that came after. At an urgent session in Parliament on Monday, Penny Mordaunt was forced to deny Liz Truss was “cowering under her desk” after the PM skipped an urgent question session in parliament. She did put…

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