Sterling

Ailing Thames Water got little of what it asked for, Southern Water a modest lift

Company is put on negative outlook amid turmoil in the water sector

Investors are clear on which car maker they believe will be the winner and which the loser in a merger

New Zealand banks to end their absence from the market

As Thames Water goes to court, UK regulator Ofwat’s final determination will be judged too

UK judge hears claims the company is being held to ransom in £3bn emergency funding dispute

UK water utility offers some stakeholders more fees to try and secure £3bn lifeline

Judge asked to consider alternative funding plan as investor calls grow for government intervention

Private credit is one of the fastest growing segments of the financial system, according to McKinsey

Relentless appetite for financial institution paper led to a collapse in new issue premiums at the start of 2024. In the second half of the year, however, some investors pivoted away from senior paper and into subordinated debt as the hunt for yield intensified, writes Sarah Ainsworth

Central bank interest rates cuts turbocharged the unsecured FIG market in 2024, making for a strong year for bond issuance. With further rate cuts in Europe expected in 2025, Atanas Dinov reveals how market participants expect the year to unfold

Company finances taxis for private drivers, majoring on EVs