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Considered one of Britain’s high company troubleshooters is being lined as much as spearhead a multibillion pound rescue of Thames Water after the corporate’s most popular bidder walked away. Sky Information can reveal that Mike McTighe is working with Thames…
Sir Christopher Evans, the famend British biotech entrepreneur, is near touchdown $50m (£37m) in funding for a developer of a brand new portfolio of most cancers therapies. Sky Information has learnt Sir Christopher, whose earlier corporations have included Biovex and…
As an impartial assessment units out a imaginative and prescient for cleansing up the water trade, a real-world instance of why the sector is in such deep bother floats into view. The announcement that Thames Water’s most well-liked investor KKR…
The Chinese language proprietor of British Metal has employed a number one Metropolis regulation agency to discover the restoration of a whole lot of tens of millions of kilos it invested within the Scunthorpe-based firm earlier than the federal government…
Financial institution of England governor Andrew Bailey faces questions from MPs
The funding big lined as much as rescue Thames Water deserted its supply days after talks befell involving one in every of its co-founders and Downing Avenue officers. Sky Information has learnt that Henry Kravis, one of many architects of…
The non-public fairness agency that had been the frontrunner to steer a rescue of the UK’s largest water supplier – Thames Water – has pulled out. Thames Water Utilities, which is staring down the prospect of a particular administration course…
“Interlocking failures” within the water sector throughout England and Wales might be fastened by means of elementary reform in 5 key areas, in response to a significant interim report. The Unbiased Water Fee, established final yr and led by a…
The chancellor and overseas secretary are threatening to take Roman Abramovich to courtroom to grab the proceeds of his Chelsea FC sale. The Russian oligarch, who’s sanctioned by the UK authorities over his alleged hyperlinks to Vladimir Putin, bought Chelsea…
A former BT Group chief is being lined as much as steer an audio know-how enterprise utilized by lots of the world’s main musicians by a £300m London flotation. Sky Information has learnt that Gavin Patterson, who now sits on…
