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20.08.25 - 18:48
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The only way to solve England′s water crisis is state control | Letters (The Guardian)
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Dr Ruth Sinclair and Dr Jill Vincent suggest replacing Ofwat's monetary fines with state-owned voting shares of equivalent value. Plus a letter from John Lockwood The behaviour of private water companies is widely recognised as unacceptable: they flout regulations, cause significant environmental harm, neglect their responsibilities, and still pay enormous sums to directors and shareholders. Ofwat's rulings and fines appear ineffective, often penalising consumers (Letters, 18 August), while renationalisation is dismissed as prohibitively expensive.We propose an alternative means of controlling private-sector companies – replace Ofwat's monetary fines with state-owned voting shares of equivalent value. This approach would have several immediate benefits. By exercising shareholder rights, the state – on behalf of the public – could directly influence company policies; the public purse would gain revenue from dividends; and over time, as the state's shareholding increased, full nationalis...
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20.08.25 - 18:12
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Großbritannien: Asylhotel in Essex muss schließen (RND)
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Eine Entscheidung eines Gerichts setzt die britische Regierungspartei Labour unter Zugzwang. Auch andere Gemeinden im Vereinigten Königreich prüfen nun Klagen. Derweil fehlen schnelle Lösungen für die betroffenen Migranten....
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20.08.25 - 16:30
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Police investigate sabotage claims by UK activists against ′fossil fuel finance′ (The Guardian)
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Shut the System says its supporters carried out actions at offices of JP Morgan Chase, Allianz and BarclaycardThe City of London police are investigating claims by environmental activists to have carried out acts of sabotage on the offices of major insurers and financial institutions.Activist group Shut the System said its supporters had cut cables and glued electrical service cabinets at JP Morgan Chase and Allianz, in what it described as the start of “a period of sustained sabotage” against fossil fuel finance. Continue reading......
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20.08.25 - 15:30
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Thousands of Airbus workers in UK to go on strike in dispute over pay (The Guardian)
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Series of walkouts planned for September at factories in Broughton, north Wales, and Filton, near BristolBusiness live – latest updatesThousands of Airbus workers in the UK are set to go on strike for 10 days in September in a row over pay which threatens to disrupt the production of aircraft wings.A series of two-day strikes are planned to begin on 2 September and continue throughout the month at Airbus's factories at Broughton, north Wales, and Filton, near Bristol, according to Unite. Continue reading......
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20.08.25 - 15:00
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UK inflation rises by more than expected to 3.8% amid higher food prices (The Guardian)
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Fuel and air fares also pushed up annual July rate, making interest rate cuts less likely this yearRail fares in England expected to rise by 5.8% next yearBusiness live – latest updatesUK inflation rose again last month to a higher-than-expected 3.8% amid higher food prices and travel costs, adding to fears that the Bank of England will delay further interest rate cuts.Figures showed the annual rate as measured by the consumer prices index climbed from June's 3.6% reading, sitting above the central bank's 2% target for the 10th consecutive month. Continue reading......
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20.08.25 - 13:42
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UK Inflation at 18-Month High, Bessent: China Tariff Status Quo Working | The Opening Trade 8/20/25 (Bloomberg)
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UK inflation climbed to an 18-month high on the back of surging food, transport and hospitality prices, putting the Bank of England under pressure to reconsider the pace of interest-rate cuts.
Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.
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The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. (Source: Bloomberg)...
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