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has to provide drinking and waste water and it does not have any competitors, but as you say, it has amassed debts of £14 billion over the years and this has to be serviced. it costs —— the costs are rising because of inflation. interest rates are rising. cost of servicing the debt has gone up. and also, it has to pay each year in investment, it is under fire for leaky pipes, sewage flowing into rivers, not meeting its performance targets, and of course hefty fines in the process. it needs to raise new money. it has already had half £1 billion from shareholders and it needs to ...

commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemen's houthi rebels will affect developing countries the hardest. that's the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels — the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly routes that avoid the red sea, supply chains have been disrupted and economists have warned it could...

titanic tourist submersible died while diving towards the ship's wreckage. we'll have the latest on the investigation into this disaster. also ahead president joe biden welcomes indian prime minister modi to the white house. we'll have a look at last night's state dinner and what the visit means for u.s. foreign relations. plus, tomorrow marks one year since the overturning of roe v. wade, and new polling shows a majority of americans do not approve of the supreme court's decision. good morning and welcome to "way too early" on this friday, june 23rd. we made it. i'm jonathan lem...

republicans are branding his surprise appearance as a p.r. stunt. peter doocy asked the white house about this moments ago. >> the last time he was on the hill he said the president was certainly familiar with what his son was going to say. >> i did say that, and what i'm saying today. >> president biden does not help him with his business deals but does help him skirt congressional subpoenas. >> that is not even true. that is a jump tha incredibly-- >> john: "this hour has seven days," and that's an old canadian television show, and that's the way it feels this afternoon. >> sandra:...

his death now raising fears of a potential escalation in the region which could expand into a wider war israel has eso far avoided. plus, three years after rioters stormed the capitol, donald trump further cements his dominance over republicans. what brand new polling is revealing about the gop's increasing loyalty to trump and their thoughts about the legitimacy of president joe biden's election win. and also ahead hours from now house speaker mike johnson and 60 republicans will head to the southern border as senate negotiations resume. we'llbri you the latest on where those talks ...