Economy

United Utilities (LSE: UU.) told the market on 13 August that Ofwat’s draft decision under the in-period cost change mechanism would allow roughly£975mof additional expenditure in real terms, underpinning around£2.5bnof extra investment across the remainder of the 2025-2030 period. The company said it would …

The figures come from the Department forBusinessand Trade, not a lobby group. That matters, because business organisations have spent a year arguing ministers were understating the bill. The assessment models a range ofOptionsrather than a single policy, which is why the numbers span such …

Savills research published in June 2026 put headline retail park vacancy at4.3 per cent, falling to 1.8 per cent once long-term vacant and obsolete units are stripped out. Less than a year ofSupplyremains, and 91 per cent of retailers are renewing leases rather than …

The seller is Canary Wharf Group, landlord of the Docklands estate. The buyers are separate vehicles controlled by Brookfield and the QIA — the pair that acquired Songbird Estates a decade ago and injected£400mnof freshEquityin October 2023.

The confirmed facts are thin. Companies House records show PYRA GROUP UK LIMITED, company number 16851539, incorporated in London on 12 November 2025, with Nick Blair listed as sole active officer. The company’s public web presence says little beyond a deployment window of summer …

The update set out where the UK Continental Shelf stands. Around500 inactive wellsawait final abandonment, and more than1,000 further wellsbecome due within five years. In 2025 operators worked on 257 wells but only 114 reached final abandonment — better than 2024’s 103, but short …

The Office for National Statistics reported growth slowing from0.6 per centin the first quarter, but comfortably beating the near-stagnation the Bank had modelled. Services did the heavy lifting, expanding 0.5 per cent, with information and communication the standout at 2.7 per cent. Construction added …