Thames Water faces mounting uncertainty as a major investor withdraws its multi-billion-pound rescue plan, fuelling concerns over possible renationalisation, political intervention and the utility’s future stability.

A newly published strategic defence review places submarines at the core of bolstering the nation’s naval capabilities, reflecting the government’s commitment to securing maritime interests and modernising its military approach.

Bessent asserts that the US will not default, as market data exposes ongoing investor jitters around diverging yields and budget proposals, prompting fresh debate over financial stability.

Trump, following a court’s declaration that his tariff measures are unlawful, has vowed to press on with his trade offensive, maintaining a firm stance on negotiations while markets brace for continuing uncertainty.