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Thames Water’s emergency loan could cost £800mn in interest and fees
Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn expertsWorld - Financial Times - 4 days ago -
Apple facing near-£3bn UK lawsuit over cloud storage ‘monopoly’
Which? claims firm engaged in anti-competitive practices that led to 40 million people ‘being overcharged’. Apple is facing a near-£3bn lawsuit over claims it breached competition law by ...World - The Guardian - November 14 -
Thames Water wins bondholder approval for £3bn emergency loan
Three-quarters of top ranking lenders approve expensive plan to avert cash crunchBusiness - Financial Times - November 13 -
Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies
Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...World - The Guardian - November 3 -
Biden administration awards $3bn to US ports for climate-friendly upgrades
Grants to be used to improve port infrastructure and reduce greenhouse gas emissions at 55 sites across the country. Joe Biden’s administration is awarding nearly $3bn to boost climate-friendly ...World - The Guardian - October 29 -
HSBC chief says east-west division will not lead to ‘any split’
Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting driveBusiness - Financial Times - October 29 -
Thames Water secures £3bn loan to survive into 2025
The UK's biggest utility company agrees a lifeline to help it last until next October.Top stories - BBC News - October 25 -
Thames Water seeks up to £3bn in emergency loans from creditors
New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisationBusiness - Financial Times - October 25