Water industry watchdog Ofwat will halt the payment of dividends by water company if it tests their financial resilience and take action against group's that fail to link dividend payments to performance.
Retailer John Lewis Partnership has tapped former Hovis head Nish Kankiwala to take over as chief executive on 27 March as part of an effort to drive profitability.
Cryptocurrency bank Silvergate's holding company revealed on Thursday that it intends to wind down operations and voluntarily liquidate its banking division.
