Thames Water: major bonuses expected from £3bn emergency loan ‘retracted’
The substantial bonus awarded to Thames Water executives linked to a crucial £3 billion loan has been “withdrawn,” according to Environment Secretary Steve Reid. This followed a situation where the Guardian mistakenly informed the company’s chairman that Congressional creditors had debated this payment. During a session with the Environment, Food and Rural Affairs (EFRA) committee, […]
TV tonight: inside the Thames Water £3bn emergency debt package crisis | Television
Thames Water: In the crisis 9pmBBC 2 Thames Water, the UK's largest water company, recently won a controversial £3 billion emergency debt package for at least several months to prevent it from collapse. As customer bills increase and sewage continues to flow to the coast and rivers, the two will enter the company for the […]
Thames Water wins court backing for £3bn debt package | Thames Water
For at least several months, Thames Water has won court approval for an emergency debt package worth up to £3 billion, which should halt the collapse of the UK's biggest water company. The London High Court said on Tuesday that the deal could progress over whether the deal should proceed after hearing four days of […]
‘A blend of ancient and modern’: inside Thessaloniki’s new €3bn metro system | Greece
IIt caused untold chaos, decades of confusion, and sparked controversy and despair among historians and archaeologists. But at noon on Saturday, the long-awaited opening of the metro will open Thessaloniki's antique-rich underground world to a world of driverless trains and high-tech automation. The excitement on the streets of the northern Greek port city is almost […]
UK will give Ukraine £3bn a year ‘for as long as it takes’, says Starmer | Defence policy
Keir Starmer said his new government would stick to plans to spend at least £3 billion a year on military aid to Ukraine for as long as the conflict with Russia continues. Speaking after his first official bilateral meeting with Ukrainian President Volodymyr Zelensky at the NATO summit in Washington, the prime minister confirmed that […]
Cyber-attacks by North Korea raked in $3bn to build nuclear weapons, UN monitors suspect | North Korea
The U.N. sanctions monitor is investigating dozens of alleged cyberattacks by North Korea to help further develop its nuclear weapons program, according to excerpts from an unpublished U.N. report seen by Reuters. It is said that $3 billion was raised. “The Democratic People’s Republic of Korea (DPRK) continued to ignore Security Council sanctions,” the Independent […]