Company insolvencies rise across England and Wales; interest rate cuts less likely after UK pay growth accelerates – as it happened
by Graeme Wearden and Julia Kollewe from on (#6T0MH)
UK wage growth has risen to 5.2% per year, making Bank of England highly likely to leave interest rates on hold on Thursday
Today is a crunch day for struggling UK utility Thames Water.
Thames is heading to the High Court this morning to seek appoval for a 3bn emergency loan designed to keep the company afloat.
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