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Portsmouth Water installs huge wall at Havant Thicket reservoir
Posted onA major engineering milestone has been reached on what is set to become the UK’s first new reservoir in more than three decades. Portsmouth Water said teams at Havant Thicket Reservoir installed a 20‑tonne steel cut‑off wall during a continuous 72‑hour operation at the start of the year. The wall, which is 13m (43ft) high…
Oil back above $100 as conflicting reports emerge on US-Iran talks
Posted onIn morning trading, Japan’s Nikkei 225 was 0.8% higher, the Hang Seng in Hong Kong was up by 1.6%, while South Korea’s Kospi rose by 2.2%. They had fallen sharply on Monday as Asian countries are heavily dependent on oil and gas that would normally pass through the strait.
Donald Trump to unveil home buying plan involving retirement funds
Posted onUS President Donald Trump is set to announce a plan that would let Americans use their retirement savings for down payments on homes. National Economic Council Director Kevin Hassett, who hinted at the plan on Friday, offered few details about how withdrawals from US workplace retirement accounts – known as 401(k)s – would work. “Suppose…
Virgin Media fined £24m for leaving vulnerable customers at risk of harm
Posted onArchie MitchellBusiness reporter Getty Images Virgin Media has been fined £23.8m for leaving thousands of customers without access to lifesaving telecare alarms during the digital switchover. Communications watchdog Ofcom fined the telecoms giant after ruling it failed to protect vulnerable users of the devices, typically elderly and disabled people, during the transition from analogue to…
