Thames Water: nationalisation is not the way forward says new chairman The firm's new chairman pledges to improve performance while Ofwat warns of "deep-rooted" issues. Source
Mortgage payments set to jump by £500 for one million households Bank of England says higher interest rates are yet to hit many homes but lenders are proving resilient. Source
New Renault-Geely engine firm to have headquarters in UK The deal between France's Renault and the Chinese maker of London taxis will support 19,000 jobs. Source