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Ofwat launches investigation into South East Water
Jacob Panons & Joshua AskewSouth East Getty Images South East Water is set to operate bottled water stations again on Thursday Regulator Ofwat has opened an investigation into South East Water after repeated water supply failures across Kent and Sussex. Some 30,000 properties had no water at the height of the problems, with thousands still…
VAT to be cut from Isle of Man electricity bills in line with UK
A reduction in VAT from 5% to 0% will be applied to domestic electricity bills on the Isle of Man from October, the government has confirmed. The move mirrors the measure outlined in the UK, which is expected to be in place until the end of the 2026-27 financial year. Manx Utilities said, while the…
Trump picks Kevin Warsh to lead the US Federal Reserve
Warsh, a 55-year-old economist, is a fellow at the right-leaning Hoover Institution and serves on the board of courier UPS. He has been an outspoken Fed critic, lambasting everything from the central bank’s heavy reliance on data to its use of assets on its balance sheet.
