Bidders demand Thames Water granted immunity over environmental crimes Exclusive: ‘Ransom note’ requests would leave Environment Agency unable to prosecute company or management Lenders vying to take over Thames Water have demanded that the struggling company and its management be granted immunity from prosecution for serious environmental crimes as a condition of acquiring it, the Guardian can reveal. Creditors want the environment secretary, Steve Reed, to grant the water company extraordinary clemency from a series of strict rules covering everything from sewage spills to failure to upgrade its water treatment works. Continue reading...

Bidders demand Thames Water granted immunity over environmental crimes

Thames Water begs to be spared fines and costs, warning bidders will walk away Exclusive: Managers and lenders racing to find a buyer want regulator to agree to leniency amounting to billions of pounds Thames Water is asking to be spared billions of pounds of costs and fines over the next five years and heap more on to bills so it…

Thames Water begs to be spared fines and costs, warning bidders will walk away

Late financier Evelyn de Rothschild accused of abuse during banking career Exclusive: Several women claim City grandee exploited his position to harass or sexually assault them in the 1990s

New: Late financier Evelyn de Rothschild accused of abuse during banking career

www.theguardian.com/business/202...

Late financier Evelyn de Rothschild accused of abuse during banking career Exclusive: Several women claim City grandee exploited his position to harass or sexually assault them in the 1990s

The late financier Sir Evelyn de Rothschild has been accused of sexually assaulting women who worked with him at NM Rothschild in the 1990s. By @annaisaac.bsky.social

www.theguardian.com/business/202...

Two power station owners to get more than £12m for three hours of electricity Uniper and a subsidiary of Vitol able to charge 50 times recent market price to ensure supply during evening peak

Nice work if you can get it. Two gas power plants being paid £12m to fire up for three hours this evening as Britain freezes

Vitol’s Rye House plant in Hertfordshire gets £5,000 per MWh and Uniper’s Connah’s Quay in Flintshire gets £2,900/MWh.

www.theguardian.com/business/202...