Market Buzz
Tuesday newspaper round-up: Sellafield, CBI, Barclays
Ministers are under pressure to explain the actions of the government and regulators over cybersecurity at Europe’s most hazardous nuclear site after a Guardian investigation revealed disturbing vulnerabilities in its networks. The shadow energy secretary, Ed Miliband, called on the government to urgently “provide assurances” about Sellafield, after the Guardian revealed it had been hacked by groups linked to Russia and China. – Guardian.
Monday newspaper round-up: Thames Water, British workers, petrol prices
The parent company of Thames Water has been warned by its auditors that it could run out of money by April if shareholders do not inject more cash into the debt-laden firm. In accounts signed off in July and published on the Companies House website last week, PricewaterhouseCoopers said there was “material uncertainty” about whether the main company behind the water supplier can continue as a going concern. – Guardian.
Sunday newspaper round-up: 888 Holdings, Cop28, PwC...
The owner of betting giant William Hill was the target of a £700 million swoop by gambling tech provider Playtech, The Sunday Times can disclose. FTSE 250 company Playtech made a written indicative approach to acquire William Hill owner 888 Holdings at a price of 156p a share in July, only for it to be rejected as undervaluing the company, according to City sources. - The Sunday Times .
Friday newspaper round-up: Rail disruption, gambling firms, Twitter
Another nine days of disruption for rail passengers has begun as train drivers in the Aslef union start an overtime ban and a series of rolling strikes halting services across Britain, in a long-running dispute over pay. Drivers will be taking industrial action at train operating companies (Tocs) contracted to the Department for Transport, striking for 24 hours at each one on different dates between Saturday 2 December and Friday 8 December. The strikes will stop most or all trains at the affected operators in England and also hit some cross-border services to Scotland and Wales.