Thames Water asks to raise bills by £228 a year as regulators’ plan ‘not deliverable’ – as it happened
Live coverage of business, economics and financial markets as water company for southeast England says proposed cuts plan ‘is not tenable and renders our plan uninvestible’More electric vehicle news: Polestar has replaced its chief executive Thomas Ingenlath with the former boss of Opel. Michael Lohscheller will take over from Ingenlath from 1 October.Polestar was spun out of Sweden’s Volvo, but it is owned by China’s Geely, which manufactures many of its vehicles.I am very proud of what we’ve achieved together in the last seven years. We had the vision of an electric premium brand which puts performance and design at its core. And we made it, the dream became reality: Polestar is the only true global premium electric brand, we just launched the Polestar 3 and 4, we are producing on two continents – thank you to everybody who contributed so far on this journey.It was a lifetime experience to build up this brand with you all. I wish Michael and the team the best for the next chapter of Polestar. Continue reading...
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