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UK water consumers slapped with 21% price hike by Ofwat
Britain’s long-suffering water customers will see bills rise by 21% over the next five years amid a continuing sewage pollution crisis, water regulator Ofwat said on Thursday, adding that it had put Thames Water into special measures over its poor performance.
UK's Miliband reportedly orders ban on new oil licences
New UK Energy Secretary Ed Miliband has reportedly ordered an immediate ban on issuing new licences to drill for oil in the North Sea.
Europe midday: Shares hold gains ahead of US inflation data
European shares opened higher on Thursday ahead of a key US inflation report and news that the UK economy grew more than expected in May.
Europe open: Shares up ahead of US inflation print; UK GDP on the rise
European shares opened higher on Thursday ahead of a key US inflation report and news that the UK economy grew more than expected in May.
German June CPI confirmed at 2.2%
German inflation was confirmed at 2. 2% in June, down from 2. 4% in May, the federal statistics agency said on Thursday.
Dr Martens holds guidance, says trading in line
UK bootmaker Dr Martens held annual guidance and said trading since the start of the current financial year has been in line with expectations.
Bunzl buys two more distribution firms
Specialist international distribution and services group Bunzl on Thursday said it had added two more companies to its ever-expanding portfolio.