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Thames flood defence bill could exceed £20bn
Read the full story: Thames flood defence bill could exceed £20bnLondon’s main flood defence may require replacement earlier than planned. Officials warn the Thames Barrier could need major intervention by 2050-60, with costs potentially reaching £20bn as sea-level rise, ageing assets, and more demanding operating conditions reshape long-term resilience planning.
Latest stories —
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Universities widen overseas discounts as pressure builds
Universities are widening overseas fee discounts as recruitment pressure grows.…
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Bamford plans £100m northern bus manufacturing push
Jo Bamford plans a £100m northern bus manufacturing investment programme.…
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Manchester Airport case strengthens Northern Powerhouse Rail
Manchester Airport growth is intensifying pressure for northern rail investment.…
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Housing approvals fall to two-decade low
Housing planning approvals have fallen to their lowest recorded level.…
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FCA scrutinises banks over unregulated loan notes
The FCA is examining banks connected to unregulated loan-note schemes.…
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Ofwat opens door to scarcity-linked water tariffs
Ofwat is considering rules that could widen scarcity-linked water pricing.…
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BP North Sea sale draws rival bidders
BP’s North Sea sale process is attracting several potential bidders.…
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JPMorgan chief warns Healey over bank taxes
JPMorgan chief Jamie Dimon has renewed warnings on bank taxation.…
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Contractor wins £420m after public-sector overbilling
Corporate Travel Management has secured fresh contracts despite overbilling repayments.…
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Whitehall weighs four-way consolidation of UK steel
Whitehall is considering a wider consolidation of UK steelmaking assets.…
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Leadership —
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ustwo adds DeepMind executive to oversee AI
ustwo has appointed dedicated board oversight for artificial intelligence strategy. Google DeepMind executive Simon Bouton becomes the studio’s first AI non-executive director as governance, commercial value, and responsible deployment move deeper into board responsibilities.
