Cost of Living

Thames Water lenders consider legal action over nationalisation plans

What happened In a significant development, lenders to Thames Water are reportedly preparing to mount a legal challenge should Labour Mayor of Greater Manchester, Andy Burnham, proceed with plans to nationalise the troubled utility company. This comes amid growing concerns over the financial stability of Thames Water, which has been grappling with mounting debts and…

Can Kevin Warsh’s Fed Force a New Era in Monetary

The Federal Reserve is at a crossroads, as President Biden’s potential nomination of Kevin Warsh to the Board of Governors could signal a shift in monetary policymaking. His influence could reshape the Fed’s approach to interest rates and inflation during a pivotal economic recovery period. The latest turn As discussions intensify surrounding Warsh’s candidacy, recent…