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South West Water owner taps investors to fix infrastructure after sewage spills
المصدر: Business | The Guardian · نُشر

Pennon slashes dividend and launches £550m cash call ‘to drive improved outcomes for customers and communities’ The owner of embattled South West Water has slashed its dividend and launched a cash call to investors as it attempts to fund infrastructure investment, days after it w
Pennon slashes dividend and launches £550m cash call ‘to drive improved outcomes for customers and communities’ The owner of embattled South West Water has slashed its dividend and launched a cash call to investors as it attempts to fund infrastructure investment, days after it was hit by a record £7.9m fine for hundreds of sewage spills. London-listed Pennon said on Wednesday it would tap investors for £550m, as part of a £1bn investment “to drive improved outcomes for customers and communities”. Continue reading...
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O2 signs record deal to keep London venue’s naming rights
Exclusive: 10-year sponsorship extension at a 50% premium on last agreement crowns bonanza year for live venue O2 has struck a record deal thought to be in the region of £200m to retain the naming rights to the London venue the O2 in the largest renewal of its kind in UK history.
Business | The Guardian ·

Apparent exodus of super-rich suggests UK is no longer billionaires’ playground
If recent complaints are believed, London and the UK are no longer welcoming for ultra-high net worth individuals London was once globally renowned as the “billionaires’ playground”, where the world’s super-rich could relax in the Georgian townhouses of Mayfair undisturbed by the
Business | The Guardian ·

BBC boss faces barrage of staff criticism over job cuts in junior ranks
Matt Brittin fields questions on whether ‘bloated’ senior ranks are being spared and lays out iPlayer overhaul Matt Brittin, the BBC’s director general, has faced a barrage of accusations that frontline staff are being laid off instead of those from the “very bloated” senior rank
Business | The Guardian ·

Boots sold in £7bn deal to Canadian billionaire family
The sale of the High Street chain was announced on Wednesday.
feeds.bbci.co.uk ·

The Jaguar Type 01: a £150k gargantuan getaway vehicle utterly useless in the city
Too costly for most, too large for UK car parks, and wheels bigger than a warlord’s pickup truck. But it does come in ‘London red’ Jaguar targets young Americans with Type 01 EV The cutting-edge car du jour, even while very few will ever buy one, is a good index of what the world
Business | The Guardian ·