Macquarie has agreed to inject up to £1.2bn of fresh equity into Southern Water as part of a deal that will result in the debt owed to its holding company lenders being cut by more than half.

The court suspended Paetongtarn effective from Tuesday after accepting a petition that alleged that she had violated ethical standards in a phone call with former Cambodian leader Hun Sen, in which ...

Tony Blair’s biggest rebellion in his first year involved 47 backbenchers, according to Philip Cowley, politics professor at Queen Mary University. Business secretary Jonathan Reynolds defended the ...