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Environment Secretary: South East Water boss should not get bonus
Posted onThe boss of South East Water (SEW) should not receive a bonus after tens of thousands of its customers were recently left without water, the Environment Secretary has said. David Hinton was awarded £115,000 last year on top of his £400,000 salary, and his bonus is in line to more than double this year. That…
Rail security to be reviewed after train stabbings, says minister
Posted onJennifer MeierhansBusiness reporter PA Media There will be increased visible patrols at mainline stations over the coming days, the Transport Secretary said There will be a review of rail security in the UK following a mass stabbing on a train, Transport Secretary Heidi Alexander has said. A man has been charged with 10 counts of…
US denies visas to ex-EU commissioner and others over social media rules
Posted onThe US State Department said it would deny visas to five people, including a former EU commissioner, for seeking to “coerce” American social media platforms into suppressing viewpoints they oppose. “These radical activists and weaponized NGOs have advanced censorship crackdowns by foreign states – in each case targeting American speakers and American companies,” Secretary of…
Trump Media reports $238m loss as crypto falls
Posted onPresident Donald Trump’s social media company reported a loss of $238m (£176m) between April and June as it branched into ventures unrelated to media, including cryptocurrencies. The quarterly loss is more than 10 times the amount reported during the same period a year earlier, according to the Trump Media and Technology Group, which owns the…
Oil prices fall on hopes Strait of Hormuz could reopen
Posted onOil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway. US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments potentially to resume as soon as this week….
