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Liz Truss was the prime minister of Britain for 49 days in 2022, an interregnum between Boris Johnson and Rishi Sunak that was so short it was outlasted by a lettuce. If this were the 19th century, Ms. Truss would have perhaps exiled herself to a country estate where peacocks roamed the grounds or fought her enemies with pistols. (In 1809 the foreign secretary, George Canning, was wounded in a duel with the war minister.) A. Disgrace” — but was never really considered a likely leader of the Conservative Party until her predecessor Mr. Johnson almost burned the party down. (Even Mr. Canning, who survived his wounds and eventually became prime minister, lasted longer.
Persons: Liz Truss, Boris Johnson, Rishi Sunak, Queen Elizabeth II, George Canning, Truss, Truss’s, Margaret Thatcher, , Johnson, Canning Organizations: Liberal, Liberal Democrats, European Union, Conservative Party, Bank of England Locations: Britain
He did include a brief plea for Haley voters to back him, but he also insulted some of them. But the reality is simple: The former president will need Haley's voters come November. The Washington Post cited Quinnipiac University, which found that while a large portion of Republican and Republican-leaning Haley voters would back Trump, 37% would vote for Biden. Regardless, the GOP primary showed how Trump continues to struggle in suburban areas that often have more educated voters. Haley might have had key policy differences with Trump on foreign policy, such as supporting Ukraine and reassuring North Atlantic Treaty Organization allies.
Persons: Donald Trump, MAGA, Nikki Haley, Trump, Haley, Biden, Nikki Haley's, Grover Cleveland, It's, Trump's, she's, it's, Margaret Thatcher Organizations: Service, Republican, ABC News, Trump, GOP, Washington Post, Quinnipiac University, Republicans, CBS, Treaty Organization, Trump Cabinet Locations: Vermont, Republican, Ukraine
Exactly the sort of style, for example, that might appeal to Republicans with a yen for the old days. Partiers.”And while Mr. Trump clearly intended his sartorial criticism to be a barb at Ms. Haley — perhaps an implication that he knows fancy (or his wife, Melania, does) and his rival does not — the dress was in fact a pretty effective representation of how Ms. Haley has used her image as part of her campaign strategy. That starts with the fact that she even wore a dress to make her speech, rather than, say, the standard female politician’s trouser suit or even the American flag Ralph Lauren sweater she had been sporting on the road. If you want something done, ask a woman.’”And in the semiology of clothing, a dress often suggests “woman.” Mr. Trump of all people should understand the subconscious messaging. He is, after all, the man who, as president, announced that the women in his administration should “dress like women.”
Persons: Teri Jon, Trump, Haley —, Melania, Haley, Ralph Lauren, Margaret Thatcher, , ” Mr, Organizations: , American Locations: British
If you plan to run for president, they say, write a book. Nikki Haley has written three. She published her second, “With All Due Respect” (St. Martin’s Press), in 2019 after she left her post as ambassador to the United Nations in President Donald J. Trump’s administration. And her 2022 collection of essays, “If You Want Something Done” (St. Martin’s Press), whose title comes from a Margaret Thatcher line she has deployed on the national debate stage, details the lives of pioneering women. Like all memoirs, Ms. Haley’s books tell a carefully curated story, skipping over controversies that would cast her in a less positive light.
Persons: Nikki Haley, Donald J, White, Trump’s, Margaret Thatcher, Haley Organizations: Martin’s Press, United Nations Locations: Bamberg, S.C, South
LIVERPOOL, U.K. - Oct. 11, 2023: Britain's main opposition Labour Party leader Keir Starmer applauds a speaker the final day of the annual Labour Party conference in Liverpool, northwest England, on October 11, 2023. Paul Ellis | Afp | Getty ImagesPolitical risk in the U.K. is "far less than it's ever been" as the difference between the ruling Conservative Party and main opposition Labour on economic policy is "fairly minimal," Barclays CEO C.S. The U.K. is set to hold a General Election later this year, and the latest polling consistently suggests a landslide Labour victory, bringing an end to fourteen years of Conservative rule. "I think the political risk in the U.K. is far less than it's ever been," Venkatakrishnan told CNBC at WEF. The difference in economic policies between the two, and they're both striving to say so, are fairly minimal," he said, referencing two former British leaders.
Persons: Keir Starmer applauds, Paul Ellis, Venkatakrishnan, Keir Starmer, Rishi Sunak's, Rachel Reeves, Margaret Thatcher, James Callaghan, Labour's Organizations: LIVERPOOL, Labour Party, Afp, Getty, Conservative Party, Labour, Barclays, C.S, Conservative, Labour's Shadow, Economic, CNBC Wednesday, CNBC, WEF, British Locations: Liverpool, England, Davos, Switzerland
Liz Cheney said she had barely talked to then-Speaker Nancy Pelosi before a critical phone call. Pelosi, Cheney wrote in her new book, called to ask her to serve on the January 6 committee. AdvertisementFormer Congresswoman Liz Cheney says she never had a lengthy conversation with Nancy Pelosi before the then-House Speaker asked her to join the House January 6 committee. While it's not clear what was on the list, Cheney had taken a number of shots at Pelosi over the years. Pelosi, whose office did not respond to a request for comment, has repeatedly praised Liz Cheney.
Persons: Liz Cheney, Nancy Pelosi, Pelosi, Cheney, , Dick Cheney, Margaret Thatcher, musing, Dick Cheney's, Kevin McCarthy, Adam Kinzinger of Organizations: Service, Fox, British, House, GOP, Republicans, Capitol Locations: Adam Kinzinger of Illinois
The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.
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Keir Starmer, leader of Britain's Labour Party, speaks during the Prime Minister's Questions, at the House of Commons in London, Britain November 29, 2023. UK Parliament/Jessica Taylor/Handout via REUTERS/File Photo Acquire Licensing RightsLONDON, Dec 3 (Reuters) - Keir Starmer, leader of Britain's main opposition Labour Party, has praised former Prime Minister Margaret Thatcher, a deeply unpopular figure among many Labour supporters, as he seeks to woo Conservative voters before an election expected next year. Thatcher, dubbed the "Iron Lady" by the UK press at the time, was Britain's Conservative leader from 1979 to 1990. "Every moment of meaningful change in modern British politics begins with the realisation that politics must act in service of the British people, rather than dictating to them," Starmer wrote in an article for the Sunday Telegraph newspaper. After hailing Thatcher, Starmer wrote that Labour had "changed dramatically in the last three years".
Persons: Keir Starmer, Jessica Taylor, Handout, Britain's, Margaret Thatcher, Starmer, Rishi Sunak's, Thatcher, Tony Blair, Clement Attlee, Jeremy Corbyn, Victoria Atkins, Margaret Thatcher's, Michael Holden, Bernadette Baum Organizations: Britain's Labour Party, REUTERS, Labour Party, Labour, Conservative, Sunday Telegraph, Sky News, Thomson Locations: London, Britain
Javier Milei: from TV pundit to the presidency
  + stars: | 2023-11-19 | by ( Maximilian Heath | ) www.reuters.com   time to read: +5 min
Argentine presidential candidate Javier Milei reacts during the closing event of his electoral campaign ahead of the November 19 runoff election, in Cordoba, Argentina, November 16, 2023. REUTERS/Matias Baglietto/file photo Acquire Licensing RightsBUENOS AIRES, Nov 19 (Reuters) - When Argentine libertarian Javier Milei announced his entry into politics in 2020 in a bid to "blow up" the system, few predicted that three years later the wild-haired economist and former TV pundit could reach the presidency. Against that backdrop, Milei and his Liberty Advances coalition have seen a dramatic rise in support, especially among the young. "He is the change that Argentina needs," said 28-year-old Milei voter Ayrton Ortiz at a rally in Buenos Aires ahead of the election. "If Javier combed his hair neatly, if Javier didn't get angry, would people ever have invited him to speak?"
Persons: Javier Milei, Matias Baglietto, he's, Milei, Al Capone, Sergio Massa, Massa, Donald Trump, Ayrton Ortiz, THATCHER, Javier, Javier didn't, Diana Mondino, John Oliver, Tucker Carlson, Argentine Pope Francis, Diego Maradona, Margaret Thatcher, Karina, Conan, Murray, Milton, Robert, Lucas, Patricia Bullrich, Juan Gonzalez, El, Maximilian Heath, Anna, Catherine Brigida, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, REUTERS, Peronist, Liberty, Fox News, Reuters, Thomson Locations: Cordoba, Argentina, BUENOS AIRES, Argentine, United States, Brazil, Buenos Aires, U.S
CNN —The most anticipated season of “The Crown” has arrived, and no one’s losing much sleep over the Queen this time. One of the many things that captivated viewers when “The Crown” arrived in 2016 was its cinematic scale. The lines between episodes one and three of season six, by contrast, are impossible to draw. As “The Crown” tells it, Al-Fayed’s relentless campaign to see his son Dodi and Diana engaged and thus secure British citizenship is almost as culpable for their deaths as the crash itself. Diana’s final night in Paris is rendered as the fatal culmination of Al-Fayed’s engineering of their relationship, and his pressure on Dodi to propose.
Persons: Holly Thomas, Katie Couric, , Holly Thomas Holly Thomas, Princess Diana, Elizabeth Debicki, irresistibly, Joy ”, Prince Phillip, Margaret, Diana, Prince Charles ’, Camilla Parker, Bowles, Mohamed Al, Dodi, Spencer, Diana cavorting, Margaret Thatcher, Prince Philip, Charles, paparazzo, Fayed, Harry, capitulates, Peter Morgan, Prince Charles, Salim Dau Organizations: Katie Couric Media, CNN, Al Locations: London, Al, Paris
Big government will drive the next market cycle
  + stars: | 2023-10-31 | by ( Francesco Guerrera | ) www.reuters.com   time to read: +8 min
Growth picked up while quiescent inflation permitted interest rates to fall. Bereft of government support, central banks tried to stimulate their economies by pushing interest rates to new lows. That means interest rates will struggle to return to the ultra-low levels seen after 2008. The first takeaway is that higher debt levels, inflation and interest rates should be bad for bonds. Vincent Deluard of StoneX has proposed a division between intangible and tangible companies.
Persons: Kevin Lamarque, ” Ronald Reagan’s, Milton Friedman –, Britain’s Margaret Thatcher –, Reaganomics ”, Réka Juhász, Nathan J, Lane, Dani Rodrik, government’s, Vincent Deluard, StoneX, Lockheed Martin, Peter Thal Larsen, Oliver Taslic, Thomas Shum Organizations: Republicans, Capitol, REUTERS, Reuters, Bank, Asset, Monetary Fund, Treasury, Capital Economics, Reuters Graphics Reuters Graphics, Capital, Facebook, Meta, Lockheed, Micron Technology, U.S, Congress, Nasdaq, Energy, Exxon Mobil, Labour Party, Thomson Locations: Washington , U.S, , Ukraine, Covid, Europe, United States, United Kingdom, Germany, Japan
The cause was a brain tumor, his son Ben said. Mr. Holden was writing the gossipy “Atticus” column — a frothy mix of politics and celebrity — for The Sunday Times in London when, in 1977, he was sent to cover Prince Charles’s visit to Canada to open the Calgary Stampede, a rodeo. The prince was sort of a dud assignment, but Mr. Holden made the best of it, even though the most interesting thing Prince Charles said to him was: “Married, are you? Fun, is it?”The column Mr. Holden wrote about the royal junket amused both Queen Elizabeth II and her son, now King Charles III, and Mr. Holden soon received a book deal to write a biography of Charles. Though he thought the subject was boring, the advance of 15,000 pounds was too large to turn down.
Persons: Anthony Holden, Shakespeare, Laurence Olivier, Lorenzo Da Ponte, Mozart’s, Ben, Holden, Atticus, Prince Charles’s, “ Atticus, , Brigitte Bardot, Rudolph Nureyev, Margaret Thatcher, Frank Sinatra, Prince Charles, , Queen Elizabeth II, King Charles III, Charles . Organizations: The Sunday Times, Calgary Stampede Locations: British, London, Canada, China
Its cost was estimated at 33 billion pounds in 2011, but has soared to more than 100 billion pounds ($122 billion) by some estimates. Sunak said Conservative lawmakers would be given a free vote in Parliament on the smoking ban. He used the speech to give party members and voters a glimpse of the man behind his technocratic exterior. Home Secretary Suella Braverman used her conference speech to appeal to the party’s authoritarian, law-and-order wing, advocating tougher curbs on migration and a war on human rights protections and “woke” social values. “I am confident we can win,” said Balwinder Dhillon, deputy mayor of the town of Slough, west of London.
Persons: Rishi Sunak, Sunak, he's, , ” Sunak, Andy Burnham, ” “, Rain Newton, Smith, , Margaret Thatcher —, Liz Truss, Akshata Murty, Suella Braverman, Balwinder Dhillon Organizations: Conservative Party, Labour Party, Leeds, Conservative, Manchester, of British Industry, Health, New, British American Tobacco, Imperial Brands, London Stock Exchange, Treasury, United, British Locations: MANCHESTER, England, Manchester, London, , Birmingham, Midlands, North, Britain, Britain’s, New Zealand, Rwanda, United Kingdom, Slough
Jeremy Hunt, Britain's Chancellor of the Exchequer, speaks on the second day of the the Conservative Party Conference on October 02, 2023 in Manchester, England. Christopher Furlong | Getty Images News | Getty ImagesMANCHESTER, ENGLAND — U.K. Finance Minister Jeremy Hunt on Monday ruled out tax cuts in the short-term, arguing that to reduce them now would be inflationary. "Right now we're focused on bringing down inflation," Hunt said on the second day of the Conservative Party Conference currently underway in Manchester, England. Hunt has previously argued that tax cuts are "virtually impossible," and could only be afforded if the government took some "difficult decisions." Hunt also unveiled plans for tougher benefit restrictions in a bid to make savings on the government's welfare bill.
Persons: Jeremy Hunt, Britain's, Christopher Furlong, Hunt, Margaret Thatcher, Liz Truss, Truss, Rishi Sunak, flack Organizations: Conservative Party Conference, Getty, Getty Images, Finance, Conservative Party, Tories, Labour Party, Conservative, British Locations: Manchester, England, Getty Images MANCHESTER, ENGLAND
London CNN —Rishi Sunak will gather with members of his governing Conservative Party on Sunday for what is likely to be their final party conference before the UK’s next general, which Sunak is currently projected to lose. Party conference season is an important date fixture in the annual British political calendar. For the governing party, conference is typically a time when members rally around the leadership and unite against the opposition, insulated from whatever is happening in the wider world of politics. Boris Johnson and Rishi Sunak led the UK government through much of the Covid pandemic. Prime Minister Rishi Sunak speaking in June on his plan to "stop the boats."
Persons: Rishi Sunak, Sunak, Boris Johnson, Dan Kitwood, Priti Patel, Margaret Thatcher, Johnson, Rishi, Reuters Johnson, He’s, , Yui Mok, , Will Jennings, it’s, Brexit, Jeremy Corbyn Organizations: London CNN, Conservative Party, Conservatives, Labour Party, for Fiscal Studies, Party, Conservatives ’, British, Conservative, Daily Mail, Greenpeace, Reuters, University of Southampton, Labour Locations: tacking, Sunak, France, , Manchester
The field for the second Republican presidential debate will be smaller than the first. Seven candidates have qualified for Wednesday night's debate at Ronald Reagan's presidential library in California, the Republican National Committee said, confirming that former Arkansas Gov. Republican support for him nationally has slipped substantially from its high point earlier this year. The only Republican woman on stage — and in the field — Haley experienced a fundraising bounce after her performance in the first debate. Trump has said he does not want to elevate his lower-polling opponents by participating in a debate against them.
Persons: Ronald, Asa Hutchinson, Donald Trump, Scott, — Haley, Haley —, , Haley, Margaret Thatcher, Britain’s, , Christie, Trump, Burgum, — “, Critics, Pence, Ramaswamy, ” Pence, Tucker Carlson, didn't, he'll, Donald Trump's, Meg Kinnard Organizations: Wednesday, Republican National Committee, Arkansas Gov, Republican, White, Trump, GOP, United Nations, South, , New, — “ Biden, WHO, Fox News Locations: California, Michigan, — Iowa, New Hampshire , Nevada, South Carolina, Florida, Milwaukee, New Jersey, Arkansas
Political Cartoons View All 1176 ImagesAs a lawmaker and then governor, Haley supported some of the most restrictive abortion measures South Carolina's legislature could pass. Running against three men, Haley attacked what she called the “good ol' boys” dominating the state's politics. As governor, she signed the most conservative abortion bill South Carolina Republicans were able to pass through both chambers at the time. Majorities of Republican men (57%) and women (54%) support their state allowing legal abortions up to 6 weeks into the pregnancy. Republican men are slightly more likely than GOP women to say abortion should be legalized at 15 weeks (34% vs. 21%).
Persons: Nikki Haley, “ I’m, , Donald Trump's, She's, Haley, South Carolina —, Joe Biden, , Nathan Ballentine, ” Haley, Olivia Perez, Cubas, Sen, Tim Scott, , Ballentine, Trump, Margaret Thatcher, Britain's, Roe, Wade, midterms, Marjorie Dannenfelser, Susan B, Anthony Pro, Henry McMaster, John McCravy, McCravy, Meg Kinnard Organizations: COLUMBIA, Donald Trump's United Nations, Trump, Republican Party, GOP, Republican White House, Senate, , Republican, South, South Carolina Republicans, Republicans, Associated Press, NORC, for Public Affairs Research, America, Gov Locations: South Carolina, U.S, New Hampshire, South
LONDON (AP) — Before he hit America, Rupert Murdoch ripped through Britain’s media like a tornado. But politicians from both right and left courted and feared Murdoch, who added The Times and Sunday Times to his stable in 1981. Like other politicians, Blair denied giving Murdoch anything in return for his support — though plenty of skeptics doubted that. For now, Rupert Murdoch remains a magnet for the powerful, and those who seek power, in Britain. The guest list for his summer party in June included Prime Minister Rishi Sunak, many members of his Cabinet and opposition Labour Party leader Keir Starmer.
Persons: Rupert Murdoch, Lachlan, Murdoch, Boris Johnson, , Nathan Sparkes, Murdoch “, Jeremy Corbyn, Jeremy Hunt, Britain’s, couldn’t, , Jacques Delors, Margaret Thatcher, Thatcher’s, John Major, Sun wot, Tony Blair’s, Blair, ” Blair, Andy Coulson, Prince Harry, Lachlan Murdoch, Rishi Sunak, Keir Starmer, James, Kathryn Murdoch Organizations: Fox, News Corp, Times, , Labour Party, Treasury, LBC, BBC, European, Argentine, Liverpool, Sunday Times, Thatcher’s Conservative, Sun, Blair’s Labour Party, Murdoch’s News Corp, The Sun, Sky Television, Premier League soccer, Sports, BSkyB, Comcast, AP Locations: London, Australian, Britain, British, Hillsborough, ___
Less than 30 minutes into the first Republican presidential debate, the men onstage were bickering — just as Nikki Haley predicted. “I think this is exactly why Margaret Thatcher said, ‘If you want something said, ask a man,’” quipped Ms. Haley, the former governor of South Carolina and former ambassador to the United Nations. “If you want something done, ask a woman.”The response was the beginning of a standout performance for Ms. Haley, who already cut a distinct figure: the lone woman in the Republican field, standing in a white and light blue suit-style dress among a stretch of men in nearly identical red ties. Her Thatcher line — a favorite on the stump and the inspiration for the title of one of her books — captured the balance she has sought to strike between testing her party’s attitudes and not leaning too far into her gender. But Ms. Haley, who has struggled to gain traction in primary polls dominated by Donald J. Trump, did not always stay above the fray.
Persons: Nikki Haley, , Margaret Thatcher, ’ ”, Haley, Thatcher, , Donald J, Trump Organizations: United Nations, Republican Locations: South Carolina
Opinion: The surprise winner of the debate
  + stars: | 2023-08-24 | by ( Opinion Cnn Contributors | ) edition.cnn.com   time to read: +30 min
CNN —CNN Opinion asked our political contributors to weigh on the first Republican presidential debate of the 2024 season. On Wednesday night, on more than one issue, Haley broke with the old guard in some meaningful ways. Karen Finney: Ron DeSantis falls flatKaren Finney Ralph AlswangeAfter weeks of buildup and reports of serious debate preparation with a top Republican debate coach, this was supposed to be the night that Florida Gov. Instead, DeSantis delivered a flat debate performance devoid of any standout moments, demonstrating why he is the best alternative to former President Donald Trump. Asa Hutchinson in a few instances, not one of the GOP candidates sounded like a serious contender for the White House.
Persons: Nikki Haley, , Donald Trump, Haley, won’t —, that’s, Trump, Joe Biden’s, Ron DeSantis, Vivek Ramaswamy, Haley’s, Karen Finney, Karen Finney Ralph Alswange, DeSantis, Donald Trump ., MAGA, George Soros, Florida’s, ” Karen Finney, Patrick T, Brown, Patrick, Mike Pence, Ramaswamy’s, Ramaswamy, Pence, “ It’s, ” Ramaswamy, Sophia A, Nelson, ‘ Rich, Richmond ’ Sophia A, Nelson Sophia A, Richmond ”, Oliver Anthony, Sen, Tim Scott of, Margaret Thatcher —, Michelle Obama, ” Scott Jennings, Scott Jennings, Nikki Haley overperforming, Doug Burgum, Asa Hutchison, Chris Christie, unapologetically, George W, Bush, Mitch McConnell, Jill Filipovic, Jill Filipovic Vivek Ramaswamy, G.T . Bynum, Bynum, Ronald Reagan —, , shamefully, Putin, Nicole Hemmer, Robert Taft, Dwight Eisenhower, Ike, Ronald Reagan, Pat Buchanan, Carolyn T, Robert M, Who, Geoff Duncan, GOP Geoff Duncan CNN, Asa Hutchinson, ” Roxanne Jones, Roxanne Jones, Nikki Haley —, I’ve, Jones, , WURD, Kristen Soltis Anderson, Nikki Haley’s, ” Raul A, Reyes, Joe Biden, Biden, Raul A, Jon Gabriel, Jon Gabriel Immigration, I’m, ” DeSantis Organizations: CNN, South Carolina Gov, Republican Party of Trump, Florida Gov, Biden, Republican, Donald Trump . Time, New, New Jersey Gov, Democratic, Trump, GOP, Public Policy Center, Economic, North, Richmond, British, Republican Party, North Dakota Gov, Arkansas Gov, RunSwitch Public Relations, Twitter, Pew Research Center, Internal Revenue Service, Department of Education, Pew, Former South Carolina Gov, Rogers Center, Vanderbilt University, “ Partisans, Conservative, Wednesday, Department of Justice, UN, Former New Jersey Gov, America’s Conservative Party, White House . Florida Gov, ESPN The Magazine, ESPN, New York Daily News, Philadelphia Inquirer, Kristen Soltis Anderson CNN Former South Carolina Gov, America, Reyes CNN, Special Forces, Fox, CNN Town Hall, USA, Gallup, The Arizona Locations: China, Florida, Hawaii, New Jersey, America, Washington , DC, Ukraine, Tim Scott of South Carolina, Georgia, Louisville , Kentucky, millennials, New York, Israel, United States, Tulsa , Oklahoma, Mexico, El Paso, dearer, Arizona, The Arizona Republic
LONDON, July 10 (Reuters) - Thames Water has become the poster child for a British water industry under fire for its poor environmental record and financial mismanagement. After a period as a listed company, Thames Water was acquired by German utility RWE (RWEG.DE) in 2001. Thames Water said on Monday they would provide 750 million pounds, and added it had strong liquidity of 4.4 billion pounds. FINANCESNearly 60% of Thames Water's debt is index-linked, according to ratings agency Standard & Poor's, saddling it with higher repayments as inflation soars. Thames Water was fined 3.3 million pounds last week, while Southern Water was fined 90 million pounds in 2021.
Persons: Margaret Thatcher's, Australia's Macquarie, Abu, Hermes, Ofwat, Sarah Young, Chiara Elisei, Emelia Sithole Organizations: Margaret Thatcher's Conservative, Water, Thames, Ontario, BT, China Investment Corp, Thames Water, Macquarie, Yorkshire Water, Severn Trent, United Utilities, The Times, Environment Agency, Southern Water, Thomson Locations: Britain, Here's, Abu Dhabi, Thames, Southern Water, United, England
The UK water sector is “clearly in a state of multiple crises,” said Dieter Helm, a professor of economic policy at the University of Oxford. Thames Water in troubleThe industry’s long-running problems have been thrust into the spotlight by a looming cash crunch at Thames Water, which serves 15 million people in London and the southeast of England. An aerial view of a Thames Water sewage treatment works in west London. A screen displays real-time notifications of sewage leaks into waterways in the region controlled by Thames Water in January 2023. Will Thames Water be nationalized?
Persons: , Dieter Helm, , ” Helm, Ofwat, Abu Dhabi, David Black, Ben Stansall, Iain Coucher, they’ve, ” Black, Margaret Thatcher’s, David Hall, Leon Neal, ” Hall, Sarah Bentley “, Maureen McLean, Helm Organizations: London CNN —, University of Oxford, CNN, Thames, Getty, Yorkshire Water, Margaret Thatcher’s Conservative, Public Services International Research Unit, University of Greenwich, Thames Water, Ontario, BBC Locations: England, Wales, London, China, Abu, AFP, Yorkshire, Windsor, UK
Thames Water woes could have bigger ripples
  + stars: | 2023-06-28 | by ( ) www.reuters.com   time to read: +2 min
LONDON, June 28 (Reuters Breakingviews) - The UK government is working on plans to nationalise Thames Water, Sky News reports. The indebted utility, which lost its chief executive on Tuesday, may be placed into a special administration regime, with ministers worrying about the company's ability to shoulder 14 billion pounds of debt. UK water companies, privatised by Margaret Thatcher in the 1980s, were supposed to be sleepy investments churning out inflation-proof dividends. Thames, owned by Macquarie (MQG.AX) until 2017, had debt equivalent to 80% of its 17.9 billion pounds regulator-defined asset value last September. Its current shareholders, which include Ontario Municipal Employees Retirement System and China Investment Corporation, last year pledged to invest 1.5 billion pounds to prop it up.
Persons: Margaret Thatcher, Neil Unmack, Eli Lilly, Aston Martin, George Hay, Streisand Neto Organizations: Reuters, Sky News, Macquarie, System, China Investment Corporation, Twitter, Thomson Locations: Thames, Yorkshire, Ontario, Canada
FALLING STARWhen Odey set up Odey Asset Management, it was in the afterglow of then British Prime Minister Margaret Thatcher's deregulation of the stock market in London's 1986 "Big Bang". Privately educated at the elite Harrow school, Odey left Oxford University and began his career in traditional asset management before launching Odey Asset Management. But fund performance at Odey Asset Management has been a rollercoaster, with Odey renowned for taking risks. He liked to say leverage was like a drug - once you experienced it, you could never live without it, one hedge fund manager said. Lawmakers on Britain's Treasury Select Committee have written to the FCA to question the regulator's supervision of Odey Asset Management and Odey.
Persons: Crispin Odey, Odey, Banks, Robert Sears, CIOs, Don Steinbrugge, Margaret Thatcher's, Egerton Capital, Marshall Wace, Winton, Kwasi Kwarteng, Maiya Keidan, Nell Mackenzie, Iain Withers, Lawrence White, Dhara Ranasinghe, Elisa Martinuzzi, Alex Richardson Organizations: TORONTO, Reuters, Odey Asset Management, FT, Tortoise Media, Odey, Management, Britain's Financial, Authority, Generation Partners, Odey's, HSBC, Inc, Wall Street, Agecroft Partners, British, Harrow, Oxford University, Conservative Party, Barclays, Peugeot, Hong Kong, Lawmakers, FCA, Thomson Locations: LONDON, City, London, Toronto
Raw-boned, pallid and angular, with striking, sharp eyes, she had starred on stage, television and film before quitting to take up politics, declaring: "“An actor's life is not interesting". Jackson also won two Emmy awards for her portrayal of England's Queen Elizabeth I in the BBC's 1971 television series "Elizabeth R". After more than three decades on stage and film, Jackson quit acting and took her no-nonsense, straight-talking style into politics. In 1992, at the age of 55, Jackson won a seat in parliament representing the left-of-centre Labour Party in a constituency in north London. In parliament, Jackson was vociferous in her condemnation of the Conservative Party which she accused of instilling a “"dreadful, dreadful moral malaise" in Britain.
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