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Ofwat chief executive to step down ahead of regulator’s abolition

silverguide.site – David Black’s decision comes amid intense scrutiny of water companies and criticism of the sector…
Ofwat chief executive to step down ahead of regulator’s abolition

Sir Bill O’Brien obituary

silverguide.site – Miner who spent 30 years as a local councillor and became a Labour MP with a highly pragmatic outlook…
Sir Bill O’Brien obituary

Tesla’s UK sales fall almost 60% in July as BYD surges; Neil Woodford fined and banned over fund collapse – as it happened

silverguide.site – Rolling coverage of the latest economic and financial news…
Tesla’s UK sales fall almost 60% in July as BYD surges; Neil Woodford fined and banned over fund collapse – as it happened

BP begins costs review as quarterly profits of £1.77bn beat forecast

silverguide.site – Oil and gas group trying to fend off activist investors says it ‘can and will do better’ for its shareholders…
BP begins costs review as quarterly profits of £1.77bn beat forecast

Chinese carmakers led by BYD report big rises in UK sales in July

silverguide.site – Data also shows the overall British market contracted, with America’s Tesla suffering a 59% slump…
Chinese carmakers led by BYD report big rises in UK sales in July

UK services sector has biggest fall in orders for nearly three years

silverguide.site – Figures add to pressure on Bank of England to cut interest rates when it meets on Thursday…
UK services sector has biggest fall in orders for nearly three years

Domino’s Pizza profits dive as people cut back on takeaways in UK

silverguide.site – Amid weaker consumer confidence and rising wage costs, fast-food firm says market has become tougher…
Domino’s Pizza profits dive as people cut back on takeaways in UK

Neil Woodford and his investment firm fined almost £46m over fund failings

silverguide.site – FCA also bans former star stock picker from holding senior manager roles and managing funds for retail investors…
Neil Woodford and his investment firm fined almost £46m over fund failings

Guinness owner Diageo’s profits slump as it warns of $200m Trump tariff hit

silverguide.site – British drinks firm, which is searching for new CEO, expands cost-cutting plan…
Guinness owner Diageo’s profits slump as it warns of $200m Trump tariff hit

Trump attacks ‘seriously woke’ Jaguar Land Rover as company names new CEO

silverguide.site – US president claims Britain’s largest carmaker is ‘in absolute turmoil’ and criticises firm’s rebrand…
Trump attacks ‘seriously woke’ Jaguar Land Rover as company names new CEO

Qantas frequent flyer points devalued as airline rolls out changes to loyalty program

silverguide.site – Airline tries to soften blow by releasing 400,000 new Classic Reward seats across its international and domestic flights…
Qantas frequent flyer points devalued as airline rolls out changes to loyalty program

Shein fined €1m in Italy for misleading environmental claims about products

silverguide.site – Chinese fast fashion retailer penalised month after €40m fine from French regulator in July…
Shein fined €1m in Italy for misleading environmental claims about products

China warns EV makers to stop price-cutting to protect the economy

silverguide.site – Overcapacity and oversupply are causing ‘involution’ and putting growth at risk, manufacturers told…
China warns EV makers to stop price-cutting to protect the economy

McDonald’s UK arm cut Children in Need giving despite jump in profits

silverguide.site – Accounts from last year show that fast food chain also shed 2,000 jobs from its fully owned operations…
McDonald’s UK arm cut Children in Need giving despite jump in profits

Trump firing of labor statistics chief ‘undermines credibility’, ex-leaders say

silverguide.site – Former commissioners call on Congress to act after Trump fires Erika McEntarfer over ‘rigged’ employment data…
Trump firing of labor statistics chief ‘undermines credibility’, ex-leaders say

Car finance scandal: shares in UK lenders jump after supreme court ruling

silverguide.site – Lloyds and Close Brothers surge after Friday’s court decision slashed the expected bill for compensation on mis-sold loans…
Car finance scandal: shares in UK lenders jump after supreme court ruling

‘I’d do it all again’: the UK factory worker who beat the car lenders in court

silverguide.site – Marcus Johnson’s successful claim means more consumers can access a multi-billion-pound compensation scheme…
‘I’d do it all again’: the UK factory worker who beat the car lenders in court

Regulator examines £1.3m paid to Yorkshire Water boss via offshore parent company

silverguide.site – Sums given to Nicola Shaw will need to comply with rules that ban bonuses for chief executives…
Regulator examines £1.3m paid to Yorkshire Water boss via offshore parent company

EU-US trade deal hits investor confidence; Tesla awards Elon Musk almost $30bn of shares – as it happened

silverguide.site – Rolling coverage of the latest economic and financial news, as shares in Lloyds and Close Brothers jump…
EU-US trade deal hits investor confidence; Tesla awards Elon Musk almost $30bn of shares – as it happened

BP makes its biggest oil and gas discovery in 25 years off coast of Brazil

silverguide.site – Company to carry out more tests on its Santos basin find as it continues shift from renewables back to fossil fuels…
BP makes its biggest oil and gas discovery in 25 years off coast of Brazil
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