John Collingridge
Business Editor at The Guardian
Business editor @guardian. Via The Sunday Times, Press Association, Yorkshire Post and Hull Daily Mail
Articles
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2 weeks ago |
msn.com | John Collingridge |Anna Isaac
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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2 weeks ago |
theguardian.com | John Collingridge |Anna Isaac
Lenders vying to take over Thames Water have demanded that the struggling company and its management be granted immunity from prosecution for serious environmental crimes as a condition of acquiring it, the Guardian can reveal. Creditors want the environment secretary, Steve Reed, to grant the water company extraordinary clemency from a series of strict rules covering everything from sewage spills to failure to upgrade its water treatment works.
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Mar 14, 2025 |
theguardian.com | John Collingridge |Anna Isaac
Thames Water is asking to be spared billions of pounds of costs and fines over the next five years and heap more on to bills so it can attract new investors, the Guardian can reveal. The struggling water company is racing to find a buyer over the next eight weeks and is trying to persuade the regulator Ofwat to grant it significant leniency on penalties and extra costs, to attract bidders. That would mean customer bills rising by far more than the 35% it has been allowed.
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Feb 18, 2025 |
msn.com | John Collingridge
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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Feb 18, 2025 |
theguardian.com | John Collingridge
Signs by the lifts in the Canary Wharf headquarters of the Competition and Markets Authority (CMA) remind staff not to talk about their work in public, given the billions of pounds resting on its decisions. But a very public debate is taking place about how the competition watchdog works and is run, with the Labour government determined to make an example of it.
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Revealed: bidders demand Thames Water be granted immunity from prosecution for serious environmental crimes. Creditors want @SteveReedMP to order Environment Agency not to punish breaches inc sewage leaks as a condition of buying it. With @Annaisaac https://t.co/IXPXCJ9JBo
EXC: Thames Water begs to be spared billions in fines and costs, warning bidders will walk away. Also tries to lean on regulators handling its appeal over bills. Asks Ofwat to go slow with CMA referral to avoid spooking investors. With @Annaisaac https://t.co/DGEjg8yNlU
RT @Feargal_Sharkey: Ofwat are utterly, utterly hopeless day 13,101. In early 2024 it was revealed that @thameswater was defaulting on the…