In this episode, Alice and Lewis dive into the latest developments surrounding Thames Water's financial troubles. We explore the company's potential need to restate its accounts, the implications for its rescue plan, and the challenges posed by debt covenants. With the UK government preparing to intervene, we examine what this means for the future of the country's largest water company.
Related Episodes
Navigating Geopolitical Risks: How Gulf Businesses are Preparing for the Israel-Iran Conflict Spillover
Lyon's Digital Shift: Linux, PostgreSQL, and the Push for Tech Sovereignty
Lyon is making waves by switching to Linux and PostgreSQL—here's why tech sovereignty and open source solutions are at the heart of this move.
OpenAI's E-Commerce Revolution: A New Era for AI-Powered Shopping
OpenAI is set to shake up the e-commerce world by taking a cut from online product sales via ChatGPT. Join us as we explore how this strategic move could redefine online shopping and challenge traditional players like Google.
Navigating the Tightrope: Crypto Regulation and the Battle Against Money Laundering
Europe's new AMLA watchdog is sounding the alarm on crypto's role in financial crime. How will regulators keep up with a fast-evolving industry—and what does this mean for global markets?
MP Materials and the Pentagon: A Strategic Partnership to Secure Rare Earths
In a landmark deal, the Pentagon is taking a 15% equity stake in MP Materials, a rare earth mining company, to secure critical resources for the US military and economy. Learn how this partnership could reshape national security and industry collaboration.
Barclays Hit with £42M Fine for Money Laundering Failures
Barclays faces a £42 million fine for the third time in a decade due to money laundering failures. The FCA uncovered two major cases involving WealthTek and Stunt & Co, revealing serious oversight and regulatory breaches. Tune in to learn how these failures impacted clients and the financial system.
Elon Musk's Media Impact: How His Name Drags Down Sentiment
A new study reveals how mentioning Elon Musk in news articles sharply turns sentiment negative, affecting even his ventures and political projects.
Citi's Talent Power Play: Can They Challenge JPMorgan?
Citi's new banking chief, Viswas Raghavan, is making bold moves by poaching top talent from JPMorgan. Can this strategy help Citi close the gap with their rival?
The Rise and Fall of Prax Group: A UK Energy Sector Cautionary Tale
From humble beginnings to insolvency - the dramatic collapse of Prax Group and its critical Lindsey oil refinery. What went wrong?
Reforming the ONS: A Major Shift in Economic Data Leadership
A critical report reveals major issues with the Office for National Statistics, leading to a significant restructuring of leadership roles and a commitment to improving data quality.
UK Automotive Industry at a Crossroads: Navigating Challenges and Future Prospects
Dive into the latest SMMT data showing a sharp decline in UK car production and explore the factors behind it, from US tariffs to restructuring. Discover the path forward for the automotive sector.
Rachel Reeves: Resilience and Leadership in the Spotlight
Rachel Reeves, the UK Chancellor, shows her commitment and resilience after a public emotional moment during PMQs.