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The Latest Breaking News from Steve Reed

Government will not be lenient with Thames Water creditors, suggests Reed

The company’s creditors have asked regulators to go easy over performance targets and fines for environmental failings.

Evening Standard

Thames Water renationalisation plans being stepped up, says minister

Environment secretary indicates that calls from creditors for leniency from fines and penalties will be rejected

The Guardian - UK

Labour cutting farming budget in England by £100m a year, figures shows

Nature and farmers’ groups cautiously welcome spending review as there were fears Treasury wanted bigger cuts

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Thames Water’s creditors are being too greedy

If group of lenders has any prospect of getting its proposal to fly, some of its big numbers will have to look very different

The Guardian - UK

MPs ask minister if he will claw back Thames Water executive bonuses

Chair of troubled firm admits 21 senior managers were paid 50% of base salary on 30 April

The Guardian - UK

Consultation to consider extending ban on destructive bottom trawling fishing

Governments, business leaders, scientists and campaigners are gathering for the third UN Ocean Conference in Nice on Monday.

The Independent UK

Campaigners hail plan to ban bottom trawling in half of England’s protected seas

Environmental groups welcome government proposals to clamp down on destructive fishing practice

The Guardian - UK

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Bidders demand Thames Water granted immunity over environmental crimes

Exclusive: ‘Ransom note’ requests would leave Environment Agency unable to prosecute company or management

The Guardian - UK

Labour considering 'Brit Card' ID plans, minister confirms

The Government is “absolutely” looking at the idea of digital ID cards, a Cabinet minister has said.

The National (Scotland)

Water firms would be foolish to increase salaries to get around bonus ban – Reed

Six firms have been banned from paying bonuses to senior bosses under new rules that came into force on Friday.

Evening Standard

Human rights laws need 'tightening,' says Cabinet minister amid Tory move to quit ECHR to cut immigration

Environment Secretary Steve Reed’s comments came as the head of the Council of Europe, whose role includes promoting human rights, argued the ECHR needed to be ‘adapted’ for the modern world

Evening Standard

Six water companies banned from paying bonuses to senior bosses

New rules ban bonuses if a water company does not meet environmental or consumer standards or does not meet financial resilience requirements.

The Independent UK

A race against time: what now for Thames Water after rescue deal collapses?

Huge group of creditors in scramble as prospect of temporary nationalisation looms large for troubled firm

The Guardian - UK

It’s a love-in at the home affairs committee as Yvette Cooper runs down the clock

Forget tough scrutiny of small boats or asylum hotels – this home secretary appears to lead a charmed life

The Guardian - UK

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The Independent UK

Thames Water nationalisation ‘not the answer’ says minister after private equity rescue fails

Future of Britain’s biggest water supplier in question as investor pulls out of turnaround plan

The Independent UK

Voices: If the government wants to save Thames Water, it’s going to need to get its hands dirty

COMMENT: As the very public rescue deal for the ailing company collapses, James Moore warns that the government needs to get its hands dirty to clean up the water industry. This game of pass the buck isn’t doing anyone any favours...

Evening Standard

Public ownership ‘not the answer’ says Reed after Thames Water deal collapse

At the despatch box, Conservative shadow environment secretary Victoria Atkins accused ministers of having “talked themselves out of” a rescue plan.

Evening Standard

Thames Water rescue takeover collapses after private equity firm KKR drops out

The troubled utility is taking forward talks with ‘certain senior creditors’ on an alternative plan to recapitalise the business.

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The Independent UK

Thames Water nationalisation ‘not the answer’ says minister after takeover rescue fails

Troubled utility has uncertain future after private equity giant pulls out of turnaround plan

Evening Standard

Netanyahu has gone 'way too far' says minister as UK considers Israel sanctions amid Gaza escalation

Britain this week suspended free trade talks with Israel over its 11-week block on humanitarian aid reaching thousands of starving Palestinians

The Guardian - UK

Rayner urged Reeves to consider wealth tax rises before spring statement

Memo from deputy PM to chancellor proposing eight potential measures highlights unease over spending plans

The Independent UK

Record number of water sector criminal investigations launched as sewage issues rise

“Water companies have too often gone unpunished” said the environment secretary

Evening Standard

‘Record’ 81 criminal investigations into water sector as sewage inspections soar

The Government insists water companies which break the law will be punished for their ‘disgraceful behaviour’.

The Guardian - UK

Thames Water’s arrogance over retention bonuses is breathtaking

Government and Ofwat unlikely to revive scheme handing out ‘very substantial’ payments for remaining on payroll

Evening Standard

Thames Water drops bonuses due for bosses after Government criticism

Environment Secretary Steve Reed confirmed the proposals had been dropped during an Environment, Food and Rural Affairs Committee session with MPs.

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