Luke Barr
City Reporter at The Mail on Sunday
Assistant Business Editor at The Telegraph
Assistant Business Editor | The Telegraph | Wincott Young Journo of the Year nominee | 30ToWatch 2022 | [email protected] | 07988556718 | Views my own
Articles
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6 days ago |
telegraph.co.uk | Luke Barr
Waves, which was set up in 1992 and employs more than 200 people, sells its audio software technology globally. Details of its proposed listing first emerged this year, when it was reported that bosses were assembling a board that could smooth Waves's transition to a public company. Gavin Patterson, the former BT chairman, has been sounded out as a potential candidate to chair the business.
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1 week ago |
telegraph.co.uk | Luke Barr
The Environment Secretary has said the Government is stepping up plans to temporarily nationalise Thames Water after a US rescue bid collapsed. Steve Reed confirmed to Parliament on Thursday that ministers were ready to save the struggling utility giant if necessary. A rescue would be in the form of a taxpayer-backed special administration scheme.
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1 week ago |
telegraph.co.uk | Ben Marlow |Luke Barr
Mr Li's CK Infrastructure (CKI) Holdings wrote to Sir Adrian Montague, the chairman of Thames Water, urging him to readmit them to the process. However, any such move is expected to be fiercely resisted by creditors who question whether CKI's ties to China will trigger a lengthy investigation under the National Security and Investment Act. It is understood they have already raised such concerns with Ofwat, while also warning about the amount of time needed for CKI to undertake due diligence.
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2 weeks ago |
telegraph.co.uk | Mark Hollingsworth |Luke Barr
An energy tycoon in talks to buy 5pc of Britain's North Sea gas production is facing new claims of fraud, The Telegraph can reveal. Francesco Mazzagatti has been accused of stealing £23.5m from his former employer to help fund a deal for a London-listed energy producer, according to recently submitted court documents.
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2 weeks ago |
telegraph.co.uk | Luke Barr
Ms Reeves will this week deliver her spending review, which is widely expected to unlock an extra £30bn for the NHS over a three-year period. That will be at the expense of other public services, as she is also plotting real-terms cuts to day-to-day spending across many Whitehall departments. Such pressures have emerged because of the Chancellor's fiscal rules, which prevent her from borrowing to fund day-day-day spending.
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