Business faces £42bn debt crisis after end of ultra-low rates
Surge in borrowing costs expected to harm economy for years to come
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Surge in borrowing costs expected to harm economy for years to come
London open The FTSE 100 was called to open down around 10 points.
Ofwat is poised to refuse most water companies’ requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned. The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector. – Guardian
Corrugated cardboard packaging specialist BoxWay Packaging Group has appointed Bryan Crennell to the newly created position of group managing director.
Boxway Packaging Group Appoints New Group Managing Director