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Thames Water appoints former British Gas finance director as new CFO

Thames Water has appointed the former finance director of British Gas as its new Chief Financial Officer. The company collaborates with 728 third-party vendors, utilizing cookies to enhance service delivery and personalize user experiences. Users can manage their cookie preferences through the provided options.

business updates on uk firms and economic challenges march 24

British engine maker Rolls-Royce is looking to expand its U.S. manufacturing to counter rising global tariffs. Meanwhile, Santander-backed Ebury's London listing faces uncertainty amid market volatility, and Heathrow airport has resumed normal operations after a recent power cut. Ocado has scaled back its diversity targets, and Thames Water struggles to attract new investors due to challenges in asset record accuracy, despite a £3 billion debt bailout. Finance Minister Rachel Reeves is considering over £2 billion in spending cuts, including 10,000 civil service job reductions, to reallocate resources to frontline services.
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