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In his first interview with the FT since becoming prime minister, Andy Burnham tells political editor and host George Parker that he is pro-business and understands the pressures that business is under — but wants something in return from corporate Britain. Deputy political editor Jim Pickard and columnist Stephen Bush join George to unpack Burnham's pitch on business and wealth creation, and what he had to say about tax, nationalisation and the EU.George @GeorgeWParker and @georgewparker.bsky.social; Stephen @stephenkb; and Jim @PickardJEWant more?Andy Burnham pledges to ‘take pressure off' business ahead of October BudgetAndy Burnham seeks to bridge gap with nervous business communityHealey to shelve his own defence spending target of 3% of GDP by 2030Andy Burnham set for first meeting with Trump in SeptemberThames Water creditors and government in stand-off over future Thames Water saga undermines case for more market solutionsHow the Bayeux Tapestry became a tool of soft powerCome and join the FT and Political Fix panelists at the FT Weekend Festival on Saturday, September 5 at Kenwood House Gardens in London. To save 10 per cent on tickets, visit ft.com/festival and use the discount code FTPODCAST.You can also sign up here for Stephen Bush's morning newsletter ‘Inside Politics' for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free.Political Fix was presented by George Parker and produced by Persis Love and Clare Williamson. The executive producer is Manuela Saragosa. Original music by Breen Turner. Audio mix by Sean McGarrity. Our broadcast engineers were Andrew Georgiades and Petros Gioumpasis. Flo Phillips is the FT's head of audio. Hosted on Acast. See acast.com/privacy for more information.
Lucy Tobin investigates the challenges facing Thames Water as the company comes under increasing scrutiny from customers, politicians and campaigners. From flooding and compensation disputes to rising bills, debt and sewage pollution, she examines why public trust has been eroded and puts tough questions directly to one of Thames Water's most senior executives about the future of the company and the river it serves. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the fourth episode of Thames Unfiltered, host Lucy Tobin investigates the Tideway Tunnel — the vast engineering project built beneath the River Thames to tackle London's sewage pollution problem.Following decades of sewage spills into the river, the £4.6 billion "super sewer" was designed to capture millions of tonnes of wastewater that would otherwise overflow into the Thames during heavy rainfall.But while the tunnel is reducing pollution, can it protect London from the increasing threat of flash flooding?This episode features interviews with Thames Water's Head of Waste Operations Tim Davies, catchment management expert Alex Nickson, seventh-generation waterman Chris Livett, and Sir Peter Bazalgette.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: Lucy puts Thames Water director, Cathryn Ross, in the hot seat. She asks the questions Londoners want answered: bills, bonuses, sewage, and the future ownership of the company. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the third episode of Thames Unfiltered, host Lucy Tobin explores the engineering marvel that is London's sewer network.After the Great Stink of 1858 and cholera outbreaks that forced politicians to act, the Victorian system was designed by Sir Joseph Bazalgette in the mid-20th century.That same Victorian system still serves London today.Lucy pays a visit to Abbey Mills Pumping Station, or “Poo Palace”, to find out what happens when a 150-year-old system is pushed beyond the limits its creator could have imagined.This episode features interviews with the “Queen of London's Poo”, Dina Gillespie, and Sir Peter Bazalgette, great-great-grandson of Joseph Bazalgette.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: We investigate whether the Tideway Tunnel — London's £5 billion "super sewer" — is delivering on its promise to reduce sewage pollution and relieve pressure on the Victorian network beneath the capital. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the fourth episode of Thames Unfiltered, host Lucy Tobin investigates the Tideway Tunnel — the vast engineering project built beneath the River Thames to tackle London's sewage pollution problem.Following decades of sewage spills into the river, the £4.6 billion "super sewer" was designed to capture millions of tonnes of wastewater that would otherwise overflow into the Thames during heavy rainfall.But while the tunnel is reducing pollution, can it protect London from the increasing threat of flash flooding?This episode features interviews with Thames Water's Head of Waste Operations Tim Davies, catchment management expert Alex Nickson, seventh-generation waterman Chris Livett, and Sir Peter Bazalgette.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: Lucy puts Thames Water director, Cathryn Ross, in the hot seat. She asks the questions Londoners want answered: bills, bonuses, sewage, and the future ownership of the company. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the third episode of Thames Unfiltered, host Lucy Tobin explores the engineering marvel that is London's sewer network.After the Great Stink of 1858 and cholera outbreaks that forced politicians to act, the Victorian system was designed by Sir Joseph Bazalgette in the mid-20th century.That same Victorian system still serves London today.Lucy pays a visit to Abbey Mills Pumping Station, or “Poo Palace”, to find out what happens when a 150-year-old system is pushed beyond the limits its creator could have imagined.This episode features interviews with the “Queen of London's Poo”, Dina Gillespie, and Sir Peter Bazalgette, great-great-grandson of Joseph Bazalgette.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: We investigate whether the Tideway Tunnel — London's £5 billion "super sewer" — is delivering on its promise to reduce sewage pollution and relieve pressure on the Victorian network beneath the capital. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the second episode of Thames Unfiltered, host Lucy Tobin asks the question:What does clean really mean?The River Thames is healthier than it was decades ago, with wildlife returning to parts of the river once declared biologically dead. But beneath the surface, the picture is far more complicated.In this episode, Lucy speaks to scientists, campaigners and conservationists about how river health is measured.From real-time sewage maps and wet wipe pollution to seahorses, porpoises and harbour seals, we discover that a healthy Thames isn't necessarily a pristine one — it's a living, thriving ecosystem.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: We go inside Abbey Mills pumping station — London's historic "Poo Palace" — to explore the Victorian engineering miracle that transformed the capital and still carries its waste more than 150 years later.We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the first episode of Thames Unfiltered, host Lucy Tobin asks the question:How healthy is the Thames today?Since being declared biologically dead in the mid-20th century, we explore the state of the Thames today, and who and what will impact its future.We examine the role of Thames Water, the impact of climate change and population growth, the importance of the river's tributaries and ecosystems, and whether major projects like London's £5 billion “super sewer” - the Tideway Tunnel - can help secure the river's future.As the debate over Britain's waterways intensifies, this episode sets the scene for a series exploring one of the country's most important rivers—and everything that depends on it.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: What exactly is in the Thames? We investigate the pollutants, runoff and hidden contaminants affecting river health, and ask what "clean water" really means.We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the first episode of Thames Unfiltered, host Lucy Tobin asks the question:How healthy is the Thames today?Since being declared biologically dead in the mid-20th century, we explore the state of the Thames today, and who and what will impact its future.We examine the role of Thames Water, the impact of climate change and population growth, the importance of the river's tributaries and ecosystems, and whether major projects like London's £5 billion “super sewer” - the Tideway Tunnel - can help secure the river's future.As the debate over Britain's waterways intensifies, this episode sets the scene for a series exploring one of the country's most important rivers—and everything that depends on it.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: What exactly is in the Thames? We investigate the pollutants, runoff and hidden contaminants affecting river health, and ask what "clean water" really means.We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. Hosted on Acast. See acast.com/privacy for more information.
We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. In the second episode of Thames Unfiltered, host Lucy Tobin asks the question:What does clean really mean?The River Thames is healthier than it was decades ago, with wildlife returning to parts of the river once declared biologically dead. But beneath the surface, the picture is far more complicated.In this episode, Lucy speaks to scientists, campaigners and conservationists about how river health is measured.From real-time sewage maps and wet wipe pollution to seahorses, porpoises and harbour seals, we discover that a healthy Thames isn't necessarily a pristine one — it's a living, thriving ecosystem.Listen to Thames Unfiltered, brought to you by The Standard, in association with Thames Water. All content has been created under The Standard's editorial control.Next episode: We go inside Abbey Mills pumping station — London's historic "Poo Palace" — to explore the Victorian engineering miracle that transformed the capital and still carries its waste more than 150 years later.We hope you enjoy this new series from The Standard. To listen to more episodes now, check out Thames Unfiltered. Hosted on Acast. See acast.com/privacy for more information.
Buckle up, everyone, it's learning time and we're getting to the bottom of some mysteries. Why don't animals have green fur? Why does Luke respect Pete as a broadcaster? You're about to find out the answers to both.Plus, Luke details his heated phone call to Thames Water, Pete's knees are shot to bits and we have a new history book of the week.Send us your latest stories, questions and comments here: hello@lukeandpeteshow.com.The Luke and Pete Show is the sometimes ridiculous, always funny podcast with Luke Moore and Pete Donaldson: two men who have time on their hands and a good idea of how to waste it. Subscribe to get your comedy podcast fix every Monday and Thursday. Hosted on Acast. See acast.com/privacy for more information.
Who should control Britain's biggest water company? Chris Weston, the chief executive of Thames Water, says he "completely agrees" with the Prime Minister that the industry, and Thames Water, needs greater public control. But he draws a clear distinction between stronger public accountability and public ownership, arguing that nationalisation or special administration could delay investment, increase uncertainty and ultimately leave taxpayers carrying the financial risk.Thames spent more than £1bn more than it received last year, with the shortfall currently funded by creditors. Under special administration, Weston says that funding would instead have to come from government while a new owner was sought. Full nationalisation, he argues, would place Thames Water's decade-long infrastructure programme on the public balance sheet alongside defence, health and education. His preferred solution is the proposal from more than 100 creditors to write off around £9bn of debt, inject fresh equity and rebuild the company under a model that promises no dividends for at least ten years. He argues this private-sector restructuring can sit alongside stronger public oversight, clearer government direction, greater regional representation and a more company-specific regulatory regime.The debate over ownership comes as Weston warns Britain faces a much bigger challenge. Drought, he says, is no longer an exceptional event but "the new normal". Despite an unusually wet January and February, no rain fell across the Thames Valley in July, exposing a shortage of water storage across the South East.Thames has not built a reservoir since Farmoor B in 1977. A replacement scheme proposed around 2010 was rejected after the company failed to make its case successfully, and Weston believes the region would not be facing a hosepipe ban today had it been approved. The proposed Whitehorse reservoir near Abingdon remains in the planning process and is not expected to begin filling until 2038, with another three years needed before it reaches capacity.Population growth, government housebuilding targets and the rapid expansion of data centres will place even greater pressure on supplies. Weston questions whether data centres should rely on drinking water for cooling, suggesting treated effluent from sewage works could provide an alternative. He also says households will need to become more mindful of how they use water, with government playing a greater role in encouraging behavioural change.Weston also makes a notable concession about how the industry reached this point. Customers, he says, have "paid too little for water for too long". Thames operates 440 treatment works and a network stretching four times around the circumference of the Earth. Keeping bills low, he argues, meant insufficient investment in maintaining and modernising ageing infrastructure, although he accepts the company's current debt levels are unsustainable.On pollution, Weston accepts Thames must improve but refuses to promise sewage incidents can ever be eliminated entirely. The company treats around 4.3 billion litres of wastewater every day and, he says, succeeds 99.5% of the time on average. Extreme weather, ageing infrastructure and illegal connections mean completely eliminating pollution incidents remains "very, very slim".Presenter: Simon Jack Producer: Olie D'Albertanson/Ollie Smith00:00 BBC Editor, Simon Jack introduces podcast 03:09 Chris Weston joins pod, explains Thames Water's situation 06:18 Bills were too low for too long. 09:32 Unrealistic targets, swage and pollution 12:31 Privatisation of Thames Water 14:50 What's on the table now? 17:28 Greater public control, special administration and nationalisation 28:41 Drought, reservoirs and the new normal 34:29 Staff abuse and his own pay
Le géant britannique de l'eau, Thames Water, croule sous les dettes. Il pourrait être nationalisé. Mais, son naufrage pourrait avoir des répercussions chez nous. Belfius et l'ancienne Dexia figurent parmi les créanciers. Endo Tools, une société carolo active dans les instruments chirurgicaux endoscopiques, vient de lever plus de 20 millions d'euros et compte aborder le marché américain. On est reparti pour une période de chaleur dans les prochains jours. Et ces canicules à répétition ont un impact sur les rendements et les prix des denrées alimentaires. Il faut s'attendre à des hausses de prix sensibles l'automne et l'hiver prochain. Le Brief, le podcast matinal de L'Echo Ce que vous devez savoir avant de démarrer la journée, on vous le sert au creux de l’oreille, chaque matin, en 7 infos, dès 7h. Le Brief, un podcast éclairant, avec l’essentiel de l’info business, entreprendre, investir et politique. Signé L’Echo. Abonnez-vous sur votre plateforme d'écoute favorite Apple Podcast | Spotify | Podcast Addict l Castbox | Deezer | Google PodcastsSee omnystudio.com/listener for privacy information.
In this episode we take a close look at Thames Water's proposed White Horse Reservoir in Oxfordshire – one of nine new storage schemes advancing under Ofwat's PR24 plans to confront growing climate pressures, population growth, and the urgent need for long-term water security.The investment is much needed. No new reservoirs have been built in the UK for more than 30 years leaving an potential shortfall of up to 5 billion litres a day in England by 2055, according to Ofwat's recent reporting. As if to highlight the challenge right now, Thames Water has this week announced a new hose pipe ban across the region. Clearly work needs to happen to reduce leakage but without new storage capacity we are heading for problems. My guest today is Nevil Muncaster, Strategic Water Resources Director at Thames Water and the man masterminding plans to tackle this challenge, including the £7.5 billion mega-project to build a 12 square kilometre reservoir near Abingdon. This facility is designed to hold 150 billion litres of water, drawn from the nearby River Thames during winter, and released to bolster supplies and secure drought resilience of up to 15 million people across London and the South East for the next century. Supporters call it a critical, non-negotiable insurance policy against a changing climate and a rapidly growing population.However, the path to a 2040 opening is far from smooth. Local communities, environmental charities, and councils have raised fierce objections over its massive ecological footprint, carbon cost, and the disruption of local livelihoods. Add to that the multi-billion-pound pressure that the investment will add to Thames Water's already precarious financial position, which see the company currently saddled with nearly £20 billion of debt and racing against a looming autumn cash-flow crisis.So much to talk through as we explore progress toward Development Consent Order application for the project this year. ResourcesThames Water White Horse Reservoir Thames Water websiteOfwat Major Water Infrastructure Programme Ofwat RAPIDGovernment announcement on PR24Independent Commission on Water - Sir Jon Cunliffe
Send us Fan Mail◆ Oil trumps politics ◆ Kuwait scores late winner ◆ How to save Thames Water harmlessly The three month euro/dollar basis swap was traditionally called the bully of the curve because it controlled the rest, but there is no doubt who's the boss now — dirty old oil.As the US and Iran traded blows, Houthi threats to close the Gulf of Aden made oil traders freak out this week. Their alarm seized bond markets globally, pushing French and German yields to decade highs and Treasuries to an 18 month peak.Gilt investors should have had a week of interesting navel-gazing, wondering whether new chancellor of the exchequer John Healey is going to be their next hero or villain. Instead they were rudely shaken out of it by global events, as Gilts turned out not to be special — all govvies were selling off. A measure of stability has returned, but it's looking like an edgy summer.Kuwait likely had that in mind when it brought a $6bn three tranche bond this week, in the last minute of extra time of the bond market's pre-summer season.It was the first public bond issue by any of the highly rated Middle Eastern governments since the war began. Investors lapped it up, delighting bankers, who hope it will encourage other issuers.Back in the UK, Andy Burnham isn't probably expecting a honeymoon as prime minister — he didn't win an election. But his peace will soon be disturbed by having to make a big call on Thames Water.The UK's largest water company, serving about a fifth of the population, is running out of money. Creditors have put a recapitalisation offer on the table, but nationalisation might be cleaner and safer.How it's handled matters keenly to the UK's dozen other water companies. A good outcome for Thames bondholders could reduce the perceived risk premium they have to pay, but a messy one could be slippery for their cost of capital.
Thames Water has rolled out yet another hosepipe ban at a time when reserves at supposedly full of water waiting to be treated. Is it time to reverse privatisation? Prime minister Andy Burnham's bus fare cap is ruffling feathers, with some saying it is a mere sweetener with relatively little impact on the lives of many living and working in the UK. How long will the drip-feed of policies go on? Didn't Burnham devise a plan whilst plotting to get the top job? Jeremy Kyle talks about these pressing issues with: Political commentator, Charlie Rowley, shadow chancellor, Mel Stride, former deputy speaker of the House of Commons, Nigel Evans, Conservative peer, Lord Kempsell, Talk's international editor, Isabel Oakeshott, and retired Scotland Yard detective chief inspector, Mike Neville. Hosted on Acast. See acast.com/privacy for more information.
It is a week of brutal purges, shifting cabinets, and dramatic resets across the London political landscape. Lesley Riddoch and Fraser Thompson deliver their analysis on a fast-moving news cycle as Prime Minister Andy Burnham takes the keys to Number 10 and Sir Keir Starmer retreats to the pub with his ousted frontbench. From cutting energy VAT and scrapping the digital ID scheme to breaking news of a desperate Thames Water bailout offer, they strip away the Westminster spin to ask if this newer Labour administration can truly 'rewire' Britain or if it's all just temporary vibes. In this episode, we discuss:The Burnham Purge & Starmer's Pub of the Damned: An breakdown of the cabinet reshuffle that saw Sir Keir Starmer replaced by Prime Minister Andy Burnham. We analyze the northern-heavy cabinet, including Ed Miliband's move to Foreign Secretary, Yvette Cooper at Health, Miata Fanabulla entering Net Zero, and Louise Haigh's return, while disgruntled Starmerites lick their wounds over pints in a London pub.Ditching the Digital ID for Energy VAT Cuts: We unpick Burnham's headline policy—saving billpayers a modest £45 a year by cutting the 5% domestic energy VAT, funded by axing the digital ID scheme. We look at the OBR's warnings that these departmental savings are completely unidentified and look to Estonia to explain why a genuine, trust-based society is required to build a real digital nation.Devolution Contradictions & Jack McConnell: Former First Minister Jack McConnell took to the airwaves to defend the new devolution agenda, but we examine how he quickly tied himself in knots over energy control. We explore Labour's deep disconnect with rural Scotland and why Burnham's plans to emulate Germany's federalised government structure ignore truly local government.The Thames Water Legal Tussle: Breaking news hits the podcast mid-record as a consortium of lenders offers a "golden share" to the UK government to prevent Thames Water from crashing into nationalisation. Lesley explains why the Burnham government should actively welcome a high-profile legal fight with foreign private equity firms to prove they mean business.Housing First in Finland and Scotland: We look at the long-term success of Helsinki's Housing First program, which dramatically cuts emergency service costs by providing stable housing and community support before tackling addiction. With 26 out of Scotland's 32 local authorities already operating Housing First, we note that Scotland is already leading the way where England struggles.Deconstructing Starmer's Wooden Exit: While the mainstream commentariat swooned over Starmer's final PMQs, we pull away the Emperor's clothes. From his absolute refusal to admit to policy U-turns to his viral primary school anecdote, we explain how his hand-picked gallery guests failed to mask his legacy of two-child benefit caps and winter fuel cuts.Summer Break & Bramble Homework: The podcast takes its summer recess for the next two weeks, returning on Tuesday, August 11th. Fraser sets your holiday homework to challenge your local MPs and MSPs on independence, while Lesley provides a far sweeter alternative: get out to pick this year's bumper crop of mega-brambles and make your own ice cream!LinksGlasgow Times River Clyde Pool Project - https://www.glasgowtimes.co.uk/news/26290574.ambitious-plans-floating-swimming-pool-river-clyde/Finland Film - https://youtu.be/J1mpytgMIBU?si=k_Gz8hmFwM7J_k3TLesley's Bramble Ice Cream Recipe - https://www.bakedbyanintrovert.com/fresh-blackberry-ice-cream-no-churn/#recipe ★ Support this podcast ★
Morse code transcription: vvv vvv US soldier killed and one injured after Iranian attack in Iraq IShowSpeed kicks off World Cup closing ceremony in blaze of colour Tate brothers arrested in US after more charges laid against them in UK Neighbours star Terence Donovan dies aged 90 The 1975s Matty Healy marries model Gabbriette Bechtel in Los Angeles Robert Preston says it was too difficult returning to Aberystwyth after his wifes death Fire crews battling huge blaze on Arthurs Seat in Edinburgh Thames Water lenders preparing legal challenge to potential nationalisation Andy Burnham to promise more breathing room as he takes over as PM Honours system is changing to recognise more working class heroes
Morse code transcription: vvv vvv US soldier killed and one injured after Iranian attack in Iraq Andy Burnham to promise more breathing room as he takes over as PM IShowSpeed kicks off World Cup closing ceremony in blaze of colour Tate brothers arrested in US after more charges laid against them in UK Fire crews battling huge blaze on Arthurs Seat in Edinburgh Neighbours star Terence Donovan dies aged 90 The 1975s Matty Healy marries model Gabbriette Bechtel in Los Angeles Honours system is changing to recognise more working class heroes Robert Preston says it was too difficult returning to Aberystwyth after his wifes death Thames Water lenders preparing legal challenge to potential nationalisation
Morse code transcription: vvv vvv Neighbours star Terence Donovan dies aged 90 Robert Preston says it was too difficult returning to Aberystwyth after his wifes death Andy Burnham to promise more breathing room as he takes over as PM Thames Water lenders preparing legal challenge to potential nationalisation Fire crews battling huge blaze on Arthurs Seat in Edinburgh The 1975s Matty Healy marries model Gabbriette Bechtel in Los Angeles Honours system is changing to recognise more working class heroes IShowSpeed kicks off World Cup closing ceremony in blaze of colour US soldier killed and one injured after Iranian attack in Iraq Tate brothers arrested in US after more charges laid against them in UK
The Grafton Pub Purge: inside the pub where Keir Starmer had drinks with allies as they were sacked one by one. It's fair to say that Andy Burnham's new cabinet has caused an astonishing amount of bitterness in the Labour Party. The Chancellor Shock: John Healey's surprise appointment as chancellor means he'll have to find £25bn, or the equivalent of 3p on income tax, to fund defence.Get ready for a Mega Budget: the new government is preparing announcements on bus fares and Thames Water, but it's still unclear how they will pay for spending pledges.Steven Swinford, political editor, The TimesLara Spirit, deputy political editor, The Sunday TimesPatrick Maguire, chief political commentator, The TimesProducers: Euan Dawtrey, George ClareExecutive producer: Molly GuinnessPicture: Russel HernemanThis podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here. Hosted on Acast. See acast.com/privacy for more information.
Morse code transcription: vvv vvv Fire crews battling huge blaze on Arthurs Seat in Edinburgh Robert Preston says it was too difficult returning to Aberystwyth after his wifes death IShowSpeed kicks off World Cup closing ceremony in blaze of colour The 1975s Matty Healy marries model Gabbriette Bechtel in Los Angeles Andy Burnham to promise more breathing room as he takes over as PM Honours system is changing to recognise more working class heroes Tate brothers arrested in US after more charges laid against them in UK Neighbours star Terence Donovan dies aged 90 US soldier killed and one injured after Iranian attack in Iraq Thames Water lenders preparing legal challenge to potential nationalisation
Andy Burnham begins his first day as Prime Minister, with attention turning to the shape of his new government and what it could mean for businesses, workers and the wider economy. We'll look at the early decisions facing his administration, from taxes and public spending to growth and confidence. His government is already considering nationalisation for ailing Thames Water - what does this mean for customers and the taxpayer? And as the World Cup comes to an end, we find how the big supermarkets plan for big sporting events.
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Today we look at what Number 10 has in store for Andy Burnham ahead of his first day as prime minister with two insiders who've been there with former prime ministers.Lord Stewart Wood was an advisor to Gordon Brown and Lucia Hodgson was Boris Johnson's deputy dire of communications.They explain what the first day is like, what they expect from the new PM, and the unexpected quirks of the job.We also look at plans to drop government-issued digital ID for all British adults and what he'll do with Thames Water.You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers.You can join our Newscast online community here: https://bbc.in/newscastdiscordGet in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXdNewscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Paddy O'Connell and Laura Kuenssberg. It was made by Chris Flynn. The social producer was Beth Pritchard. The technical producer was Ben Andrews. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump devoted a prime-time address to reviving unsubstantiated claims that the 2020 election was stolen and raising doubts about the security of the upcoming midterms, turning his attention to a years-long grievance at a perilous moment for his presidency.(2) Trump's renewed focus on America's biggest geopolitical rival comes as divisions continue to deepen within his own Republican base over the US-Israel war with Iran.(3) The US launched fresh strikes against Iran as hostilities across the Middle East continued to escalate and shipping traffic slumped in the critical Strait of Hormuz.(4) Japanese memory chipmaker Kioxia Holdings Corp.’s market capitalization halved in just a month since becoming the nation’s most valuable company, on growing concerns the AI-driven rally in the sector has gone too far.(5) Within days of taking office incoming Prime Minister Andy Burnham is preparing to announce new drilling for oil and gas in the North Sea as well as taking public control of Thames Water. Burnham approaches the gates of Downing Street along a path littered with short-tenured former leaders whose support quickly evaporated on contact with the realities of reviving the UK economy.(6) Netflix forecast a second consecutive quarter of slowing sales growth, contributing to investor anxiety about the streaming giant’s future. The company projected revenue of $12.9 billion in the current quarter and earnings of 82 cents a share, both a little shy of analysts’ expectations.Podcast Conversation: Are you an Iliad person or an Odyssey person? See omnystudio.com/listener for privacy information.
Lying, lobbying, and luxury donor gifts—has UK politics gone crooked?This week, Ellen and Imaan are joined by Robert Barrington, professor of anti-corruption practice at Sussex University's Centre for the Study of Corruption. He argues that corruption is more widespread than assumed in Britain, from politicians to prisons, the monarchy to the Met.Robert discusses the Boris Johnson era misconduct, the “good chap theory”, and his four-part test for corruption. He also analyses corporate scandals from Grenfell to Thames Water sewage.Do conspiracy theorists have a point? What's at stake if things continue as they are? And, with a new prime minister on the cards, what can be done to tackle the problem?‘Corrupted Kingdom: Britain's Disappearing Integrity–And How We Can Get It Back' will be published by Profile Books on 16th July. To read more from our website, click here: https://www.prospectmagazine.co.uk/politics. Hosted on Acast. See acast.com/privacy for more information.
Goldman Sachs has advised on more than $1 trillion of mergers and acquisitions in record time, highlighting the return of blockbuster dealmaking. We explain what's driving the surge in investment banking activity, why AI is fuelling both M&A and IPOs, and what it means for markets.We also break down the growing crisis at Thames Water, why nationalisation is back on the table, and how years of private equity ownership led to one of the UK's biggest corporate challenges. Finally, we analyse Snap's dramatic decline from a $130 billion company to under $10 billion, why its founder-led governance matters, and whether its bet on augmented reality glasses can ever pay off.(00:00) Coming Up(02:32) Goldman Sachs Hits $1 Trillion(06:08) M&A League Tables 1H26(09:08) IPO Markets Returns(17:29) What Next for M&A(19:11) Thames Water Explained(24:32) Special Administration Regime(32:27) Can Thames Water Be Saved?(36:54) Snap's $120B Collapse(40:07) The Founder Control Problem(45:24) Does ESG Still Matter?
Triforce! Episode 358! Pyrion, fresh from a fancy Jingle Jam Mixer, gets locked out of his own house for hours but knows a very unorthadox locksmith, Sips has been watching documentaries about the scum at Thames Water, Elon's back with a brand new scam and Lew's back with some Tech News! Take control of your income. Start selling for $1/month at http://shopify.com/triforce Go to http://buyraycon.com/triforceOPEN to get 15% off Support your favourite podcast on Patreon: https://bit.ly/2SMnzk6 Music courtesy of Epidemic Sound. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this episode, we sit down with renowned economist, author, and founder of the UCL Institute for Innovation & Public Purpose, Professor Mariana Mazzucato, to discuss her new book The Common Good Economy: A New Compass, and why she believes modern capitalism is failing to deliver for ordinary people.From Palantir's NHS contracts and the future of AI governance to Thames Water, steel, industrial strategy, and the green transition, Mariana argues that governments have lost confidence in shaping markets around public purpose. Instead, she says, we've created an economy that too often socialises risk while privatising reward.We explore why governments fund many of the world's biggest innovations, from the internet and AI to Tesla and SpaceX, yet rarely share in the rewards when those investments succeed. Mariana explains how public investment helped create some of today's most valuable companies, why she believes Britain's relationship with business has become increasingly "parasitic", and what a more mission-driven economy could look like.The conversation also covers Labour's economic strategy, Keir Starmer's mission-led government, the future of industrial policy, public-private partnerships, corporate subsidies, regulation, and the role of the state in driving innovation. Mariana challenges the idea that regulation stifles growth, arguing instead that smart regulation has historically been one of the biggest drivers of innovation and prosperity.Mariana also explains why governments need clearer goals, stronger contracts, and greater accountability when working with private companies. Whether discussing water infrastructure, pharmaceuticals, AI, or clean energy, her central argument is that markets should be organised around outcomes that benefit people and the planet, not simply around short-term profit.If you're interested in economics, politics, industrial strategy, public ownership, AI, innovation, inequality, growth, Labour politics, public services, climate policy, or the future of capitalism, this conversation is essential listening.Let us know your thoughts in the comments. Do you agree with Mariana's vision of a common good economy? Can governments and businesses work together more effectively to solve society's biggest challenges?EXCLUSIVE NordVPN Deal ➼ https://nordvpn.com/joesunday - The all-in one app for Digital Security! Try it risk-free now with a 30-day money-back guaranteeSubscribe to How to Rebuild Britain now: https://linktr.ee/howtorebuildbritain Hosted on Acast. See acast.com/privacy for more information.
Morse code transcription: vvv vvv Brazil woman dies after rope jumping instructors fail to attach cord Russia was behind arson attacks targeting PM, BBC reveals Henry Nowak killer sentence sent to Court of Appeal Thames Water moves step closer to nationalisation after government objects to rescue deal Starmer announces social media ban for under 16s Bonnie Tyler out of coma but remains very unwell in Portugal Arrest over push of woman into buss path in Putney in 2017 Teacher guilty of abusing and murdering adopted baby boy Captain of Russian shadow fleet tanker intercepted in Channel charged Trump says deal to end war with Iran already signed and details to be released pretty soon
Morse code transcription: vvv vvv Hero Abergele girl rescues friend from drowning at beach Russian opposition artist Robert Kuzovkov shot dead in exile in Poland Woman left traumatised by swinging says website facilitated abuse Man bailed over woman allegedly pushed into path of bus in Putney Putin trying to intimidate with activities in UK, former MI6 chief says Thames Water moves step closer to nationalisation after government objects to rescue deal Prince George to attend Eton College from September Five big questions about the UKs under 16s social media ban Woman in court over fatal Wimbledon school crash Daylight robbery but worth it what fans are spending on World Cup
Morse code transcription: vvv vvv Teacher guilty of abusing and murdering adopted baby boy Russia was behind arson attacks targeting PM, BBC reveals Arrest over push of woman into buss path in Putney in 2017 Trump says deal to end war with Iran already signed and details to be released pretty soon Captain of Russian shadow fleet tanker intercepted in Channel charged Henry Nowak killer sentence sent to Court of Appeal Starmer announces social media ban for under 16s Bonnie Tyler out of coma but remains very unwell in Portugal Brazil woman dies after rope jumping instructors fail to attach cord Thames Water moves step closer to nationalisation after government objects to rescue deal
Morse code transcription: vvv vvv Russian opposition artist Robert Kuzovkov shot dead in exile in Poland Five big questions about the UKs under 16s social media ban Putin trying to intimidate with activities in UK, former MI6 chief says Woman left traumatised by swinging says website facilitated abuse Man bailed over woman allegedly pushed into path of bus in Putney Thames Water moves step closer to nationalisation after government objects to rescue deal Woman in court over fatal Wimbledon school crash Prince George to attend Eton College from September Hero Abergele girl rescues friend from drowning at beach Daylight robbery but worth it what fans are spending on World Cup
Morse code transcription: vvv vvv Trump says deal to end war with Iran already signed and details to be released pretty soon Thames Water moves step closer to nationalisation after government objects to rescue deal Captain of Russian shadow fleet tanker intercepted in Channel charged Arrest over push of woman into buss path in Putney in 2017 Russia was behind arson attacks targeting PM, BBC reveals Teacher guilty of abusing and murdering adopted baby boy Bonnie Tyler out of coma but remains very unwell in Portugal Brazil woman dies after rope jumping instructors fail to attach cord Starmer announces social media ban for under 16s Henry Nowak killer sentence sent to Court of Appeal
Morse code transcription: vvv vvv Woman in court over fatal Wimbledon school crash Daylight robbery but worth it what fans are spending on World Cup Putin trying to intimidate with activities in UK, former MI6 chief says Man bailed over woman allegedly pushed into path of bus in Putney Five big questions about the UKs under 16s social media ban Russian opposition artist Robert Kuzovkov shot dead in exile in Poland Thames Water moves step closer to nationalisation after government objects to rescue deal Hero Abergele girl rescues friend from drowning at beach Prince George to attend Eton College from September Woman left traumatised by swinging says website facilitated abuse
Morse code transcription: vvv vvv Thames Water moves step closer to nationalisation after government objects to rescue deal Trump says deal to end war with Iran already signed and details to be released pretty soon Brazil woman dies after rope jumping instructors fail to attach cord Bonnie Tyler out of coma but remains very unwell in Portugal Henry Nowak killer sentence sent to Court of Appeal Russia was behind arson attacks targeting PM, BBC reveals Starmer announces social media ban for under 16s Arrest over push of woman into buss path in Putney in 2017 Teacher guilty of abusing and murdering adopted baby boy Captain of Russian shadow fleet tanker intercepted in Channel charged
Morse code transcription: vvv vvv Daylight robbery but worth it what fans are spending on World Cup Five big questions about the UKs under 16s social media ban Hero Abergele girl rescues friend from drowning at beach Prince George to attend Eton College from September Woman left traumatised by swinging says website facilitated abuse Thames Water moves step closer to nationalisation after government objects to rescue deal Woman in court over fatal Wimbledon school crash Russian opposition artist Robert Kuzovkov shot dead in exile in Poland Man bailed over woman allegedly pushed into path of bus in Putney Putin trying to intimidate with activities in UK, former MI6 chief says
Creating new water is one response to scarcity. Preventing the loss of existing water may be another.In this episode, Dr Bilal Asif examines the growing strategic importance of non-revenue water, using Thames Water's major leak detection tender as a signal of where the market is heading. From acoustic monitoring to AI-assisted analytics, utilities are increasingly investing in technologies that give continuous visibility into the network itself.Because the future of water resilience may depend not only on producing more water, but on understanding where it is being lost in the first place.This Analyst Spotlight is part of BlueTech's Weekly Analyst Insights membership.If you'd like to receive these signals from the water technology market each week, learn more about on bluetechresearch.com.--Presented by BlueTech Research®, Actionable Water Technology Market Intelligence. Watch the trailer of Our Blue World: A Water Odyssey. Get involved, and learn more on the website: braveblue.world
The pollution of Britain's waterways is well known, but the full extent of the carelessness and vandalism of Britain's biggest water company, Thames Water, is a catalogue of wrongdoing on an industrial scale.Will Dunn speaks to the MP with the dubious honour of representing the constituency that is worst affected by sewage spills - Liberal Democrat MP, Charlie Maynard.LISTEN AD-FREE:
Talk Art Season 27 continues with sculptor Nicolas Deshayes whose works explore the form and materiality of bodies and what happens below their surfaces. Hosted by Robert Diament.Process, or processing, is the impetus for Deshayes' sculptures, which manage to convey states of liquid, hardness, hot, cold, and mechanically produced objects and systems. Vital processes of ingestion, and circulation, are evoked by elegantly utilitarian forms. Deshayes' surfaces are consistently impermeable – recalling the architecture of public amenities.Using predominantly casting methods with bronze, iron, or earthenware, Deshayes tends to seek out artisans and factories who specialise in techniques of production; their historical lineages and geographical particularities converging within his conceptualisation of the work as it develops.Extreme heat is used in these casting processes commonly and the materials rely on changes in temperature in order to come alive. But molten metal rapidly hardens into a solid form, its movement as if suspended in time. Deshayes has recently rendered some of these sculptures functional again, plumbing hot water around a room, or pumping water into public ponds.In his 2016 installation Thames Water, he recast the gallery as an organism by installing a series of interconnected radiators, in doing so concretising an analogy of the body and its systems to the plumbed and networked city. It is in these works that we are reminded of how their organic forms are not only reminiscent of the bodies of humans, but also of domestic, civic and biological circulatory systems.Nicolas Deshayes was born in Nancy, France, in 1983, and lives and works in Dover. Follow: @NicolasDeshayesPillow Talk, a joint exhibition with Nicolas Deshayes & Paloma Proudfoot, runs at @QuenchGallery in Margate until 22nd March 2026.Thanks to Stuart Shave Modern Art. Learn more: https://www.modernart.net/en/artists/nicolas-deshayes Hosted on Acast. See acast.com/privacy for more information.
A lot has changed in European restructuring this year.Two more appeals in the UK courts — Thames Water and Petrofac — led to **Waldorf** failing at the first hurdle as judges increasingly focus on being fairer to creditors who are considered out of the money.The appeals have created a lot of uncertainty as restructuring practitioners are trying to work out what exactly is considered fair? The Supreme Court hearing on Waldorf's case in February hopefully should provide more clarity.Issuers have been starting to shy away from using the UK Restructuring Plan to avoid the risk of their plan being reversed by the Court of Appeal. Instead they are increasingly turning to looking into ways to implement out of court through liability management exercises in other European jurisdictions.We saw this in Selecta which implemented its restructuring through a distressed disposal in the Netherlands.Private credit is also in the lime light this year as the market has been growing its presence in distress both as providers of fresh capital and as private credit lenders end up taking the keys.In this episode we delve into all these emerging themes with Daniel Bayfield, Barrister at South Square and Lois Deasey and Matt Benson, restructuring partners from Weil. All three provide insights on their involvement in all of the above mentioned cases.Weil and 9fin initially sat down to discuss these topics at the Weil & 9fin Private Credit & Restructuring Autumn Forum on 8 October (find here some of the highlights of that day). This podcast is for the benefit of those who could not attend!
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this episode of The Wright Report, Bryan exposes a billion-dollar Somali fraud ring in Minnesota, breaks down Washington's new terror finance investigation, and explains how decades of immigration, politics, and cultural denial allowed the scheme to flourish. He then turns to global flashpoints involving Venezuela, Ukraine, deep-sea espionage, and a major warning from the CIA to Britain about Chinese infiltration. Minnesota Meltdown and Somali Fraud Network: A sweeping federal and state investigation has uncovered more than one billion dollars in fraud committed by Somali-run nonprofits in Minnesota. Money meant for disabled children, addicts, and food assistance was instead funneled into luxury lifestyles and sent to al-Shabaab in Somalia. State officials knew years ago that the organizations were bogus, yet Democrat leaders like Governor Tim Walz expanded funding and backed off oversight after Somali activists accused them of racism. Bryan cites the New York Times report confirming the scale of the crime and the cultural norms behind it. Treasury Department Opens Terror Finance Probe: Treasury Secretary Scott Bessent has launched a new national security investigation into Minnesota's Somali crime rings after evidence showed U.S. taxpayer cash was being carried in suitcases to Mogadishu to fund Islamist clan conflicts. Bryan notes that virtually all offenders are naturalized or U.S.-born citizens, which means deportation will require de-naturalization rather than standard immigration enforcement. Judges and Police Under Pressure: Minnesota's political climate has made honest policing and prosecution nearly impossible. The Minneapolis police chief apologized after acknowledging Somali youth crime, and a local judge overturned a jury verdict in a seven-million-dollar Medicaid fraud case despite overwhelming evidence. Bryan argues that political fear of offending a key voting bloc has paralyzed the state's justice system. Venezuela Double Tap Controversy: New reporting confirms that eleven cartel boat operators were killed during a U.S. strike in early September, including a possible second strike that hit wounded survivors. The White House says the second hit was ordered lawfully by SOCOM's Admiral Mitch Bradley, not by President Trump or Secretary Pete Hegseth. Democrats insist it is a war crime, and Republicans say they will investigate. Ukraine Turmoil and Russian Advances: Zelenskyy's chief of staff, Andriy Yermak, resigned after corruption raids, deepening Ukraine's internal crisis. Russia captured the key city of Pokrovsk and is now striking deeper into Ukraine's interior. Trump's special envoy Steve Witkoff meets Vladimir Putin today for a high-stakes round of peace talks. Russian Spy Network Under the Arctic: French and British media uncovered a fifteen-year Russian operation called Harmony that built an underwater surveillance web of cables and sensors in the Barents Sea. The network tracks NATO and U.S. submarines near Russia's nuclear bases. The CIA and European services have been secretly countering the effort for years. CIA Warns Britain Over Chinese Water Takeover: The CIA and senior Trump officials privately urged British Prime Minister Keir Starmer to block a Chinese purchase of Thames Water, the utility that supplies London. U.S. intelligence warns that Chinese ownership could jeopardize American troops in Britain and give Beijing control over critical UK infrastructure. "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: Minnesota Somali fraud one billion dollars, Feeding Our Future scandal, Tim Walz political pressure, Scott Bessent terror finance probe, Somali de-naturalization debate, Venezuela cartel boat double tap, SOCOM Admiral Mitch Bradley decision, Zelenskyy Yermak corruption resignation, Pokrovsk Russian advance, Operation Harmony Barents Sea, CIA warns UK Thames Water China
Morse code transcription: vvv vvv Roman coins found by detectorist could be Wales biggest find Pressure mounts on No 10 over grooming inquiry as survivors list demands Eurovision star Sam Ryder I felt I was worthless Thames Water given lowest one star rating for repeated sewage spills EU set to endorse deal to turn frozen Russian assets into support for Ukraine Met officer sacked for gross misconduct after BBC Panorama Charing Cross investigation Prolific cowboy builder Mark Killick guilty of 1.25m fraud French vow to intercept migrant boats hit by delays and political turmoil UK weather Wind and rain warnings issued as Storm Benjamin hits UK I thought my insides were falling out what I didnt expect after childbirth
Morse code transcription: vvv vvv French vow to intercept migrant boats hit by delays and political turmoil Eurovision star Sam Ryder I felt I was worthless Prolific cowboy builder Mark Killick guilty of 1.25m fraud Roman coins found by detectorist could be Wales biggest find I thought my insides were falling out what I didnt expect after childbirth Pressure mounts on No 10 over grooming inquiry as survivors list demands EU set to endorse deal to turn frozen Russian assets into support for Ukraine Met officer sacked for gross misconduct after BBC Panorama Charing Cross investigation UK weather Wind and rain warnings issued as Storm Benjamin hits UK Thames Water given lowest one star rating for repeated sewage spills
Morse code transcription: vvv vvv I thought my insides were falling out what I didnt expect after childbirth Pressure mounts on No 10 over grooming inquiry as survivors list demands UK weather Wind and rain warnings issued as Storm Benjamin hits UK Thames Water given lowest one star rating for repeated sewage spills Eurovision star Sam Ryder I felt I was worthless French vow to intercept migrant boats hit by delays and political turmoil Met officer sacked for gross misconduct after BBC Panorama Charing Cross investigation Roman coins found by detectorist could be Wales biggest find Prolific cowboy builder Mark Killick guilty of 1.25m fraud EU set to endorse deal to turn frozen Russian assets into support for Ukraine
Today's show opens with the bombshell revelation that Peter has enjoyed breakfast with the Oliver twins, creators of the Dizzy franchise! But what did they eat? Eggs, presumably. The lads also find time to revisit one of their favourite talking points - exactly when did it become necessary to drink so much water? Peter thinks it's a waste of time; he got all the hydration he needed from the amniotic fluid in his mother's womb.Speaking of water, there's a new sewer being dug right outside Luke's house, courtesy of the good people at Thames Water, and before they go there's just enough time to discuss the government's phone alert test and your battery submissions. Onward!Email us: hello@lukeandpeteshow.com! You can also get in touch on X, Threads or Instagram if character-restricted messaging takes your fancy.Please fill out Stak's listener survey! It'll help us learn more about the content you love so we can bring you even more - you'll also be entered into a competition to win one of five PlayStation 5's! Click here: https://bit.ly/staksurvey2025 Hosted on Acast. See acast.com/privacy for more information.
Morse code transcription: vvv vvv Trump says 11 killed in US strike on drug carrying vessel from Venezuela Budget to be held on 26 November, Rachel Reeves announces Parking fines How to protect yourself from common scams US filmmaker in legal battle over Downton Shabby Thames Water bidders ready to clear out top managers in rescue deal China military parade BBC correspondents react to Beijings show of strength Free speech laws need to be reviewed after Linehan arrest, says Streeting Terra Nova Captain Scotts polar ship filmed on the sea floor Energy drinks to be banned for under 16s China parade What new weapons on show say about Beijings military strength
The English courts have been called upon several times in the last few years to reevaulate what should be considered fair in Part 26A restructuring plans.Within 2025, the Court of Appeal handed down two key decisions on distressed utility company Thames Water and upstream energy engineering firm Petrofac's restructuring plans.Those decisions, combined with another Court of Appeal decision handed down last year on German real estate group Adler's restructuring plan, have reconfigured the approach to assessing whether a restructuring is fair.There are now new tests for evaluating whether a restructuring plan is fair, and a focus on fair allocation and what contributions stakeholders are making to the restructuring, as well as what they get out.To unpack recent trends in Part 26A restructuring plans and what the recent Court of Appeal decisions mean for the future of UK restructuring plans, 9fin's Will Macadam sat down Kirkland & Ellis partners Kate Stephenson and Kon Asimacopoulos, and David Allison KC of South Square.
This week the boys discuss Glenn's formative time at Thames Water, Pierre's fear of horses and you, the listener's, horrible correspondence.Email or Dm us your correspondence!thebudpod@gmail.com or DM @budpodofficial on Instagram.BUDPOD LIVE with Phil!July 5th, 2025 - Crossed Wires Festival, Sheffield.Tickets on sale now!Ticket Link - HereOctober 12th, 2025 - Cheerful Earful Podcast Festival, London.Tickets on sale now!Ticket Link - HereKOJI Hosted on Acast. See acast.com/privacy for more information.