Prime Minister Andy Burnham is considering overhauling insolvency laws to facilitate public takeover of Thames Water and other utilities. The government is examining legislative reforms to the special administration regime, though creditors have pledged legal challenges.
6 min readThe US has announced expanded sanctions on Iran targeting digital assets, gold, aviation and shipping. However, economists question their effectiveness given Iran's deep trade ties with China, Turkey, Pakistan and Armenia, and the US's mixed record enforcing such measures.
7 min readReal wages in Jersey grew just 1.2% in the year to June 2026 after inflation adjustment, falling below historical averages and leaving workers with reduced purchasing power despite nominal pay rises.
3 min readOnlyFans' late owner received over $700m in dividends before his death. The platform generated $714m profit with just 47 employees, now controlled by his widow following regulatory scrutiny worldwide.
4 min readDanish toymaker Lego reports 21% revenue growth to £4.8bn in first half of 2026, driven by World Cup, F1 and film partnerships. The company also expands renewable energy and completes packaging transition to paper alternatives.
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