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Announcements by Ofwat acknowledge the privatised water system only works if investors, and those running the companies, are rewarded.

Dovid Efune, the New York Sun owner, has travelled to London to try to clinch a takeover of The Daily Telegraph as a period of exclusive negotiations expires, Sky News learns.

Bestway Group is turning to a company voluntary arrangement (CVA) to exit about 35 vacant shops which previously traded as Bargain Booze and Wine Rack off-licences, Sky News learns.

Estimates the London to Birmingham leg will cost up to £66bn are based on 2019 prices and are not regarded as reliable, a senior civil servant says.

The Bank of England has maintained its guidance for "gradual" interest rate cuts next year, following surprise support for an interest rate cut this month.

In its latest trading update, the discount footwear company said it had experienced "very challenging" conditions recently, due to weakened consumer confidence and bad weather.

See how much you're paying compared to other areas, and how much water companies wanted you to pay.

While the US has announced a further cut to borrowing costs, both the Fed and its UK counterpart face greater uncertainty over the future policy path.

Average water bills in England and Wales will increase by 36% over the next five years, water regulator Ofwat has said.

Ecotricity founder Dale Vince made a fresh bid on Wednesday morning to prevent the world's oldest Sunday newspaper from falling into Tortoise Media's hands, Sky News can reveal.