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Tony Diver Political Editor |
When Andy Burnham told MPs in his first Commons speech he wanted to bring utilities under “public control”, he left the water industry and its customers with more questions than answers.
The Prime Minister abandoned his previous pledge to nationalise swathes of the economy but refused to explain what exactly he plans to do to clean up the water industry.
Now The Telegraph can reveal Burnham’s plan, which includes nine new public bodies to oversee each area of England and Wales, with a significant role for regional mayors.
The new boards will be given responsibility for setting company objectives, collating customer feedback and dealing with failures — including on Labour’s key targets of reducing sewage discharges and keeping down bills.
Investors who spoke to The Telegraph said they hoped the plan would bring credibility back to Britain’s water sector and bring down the cost of borrowing.
There will be some who wonder whether an extra layer of government bureaucracy and regulation is the answer to one of the most pressing commercial problems of our time.
For Burnham, it is a chance to prove that “public control” is more than a political slogan.
This report is available only to subscribers.
Continue reading ➤
Plus, join the Daily T live at events events across this year’s Labour and Conservative party conferences ➤ |
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Ambrose Evans-Pritchard A perfect storm of wars in Iran and Ukraine, extreme weather and the AI bubble threatens disaster Continue reading ➤
Tom Harris Burnham must face down the pro-trans fanatics, even if he suffers for it Continue reading ➤
Camilla Tominey Don’t knock Sydney Sweeney for having breasts that pass the pencil test Continue reading ➤ |
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Fake cash is changing hands in Britain’s high streets, and people have no idea if it’s ending up in their wallets. Following an undercover investigation, The Telegraph infiltrated the booming online market for counterfeit cash, where sellers take minimum orders of £250 for £1,000 in fakes. One seller, who sends notes through the post under the nose of Royal Mail, claims to earn £100,000 a year. We uncover the trail of fakes from China to social media platforms. For subscribers only ➤ |
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At 14, Noah Donohoe already had dreams of becoming a doctor. On June 21, 2020, just as Northern Ireland was emerging from lockdown, he set off on his mountain bike to meet friends. Then, he vanished. For nearly a week, his family, the community and police searched for Noah, only for his naked body to be found six days later in a storm drain. So, what really happened to him? Continue reading ➤ |
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The energy shock caused by the Iran war is already adding thousands of pounds to the cost of annual mortgage repayments. It may surprise borrowers to learn that thousands of miles from the Middle East, events in Silicon Valley are also adding to their burden. Tech giants are battling to win the AI race and, in doing so, are delving into corners of the financial markets unfamiliar to these previously cash-rich growth machines – with huge consequences. Continue reading ➤ |
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Kane and Natalie Casey rehearsing for Romeo & Juliet which opens at the New Vic, Newcastle-under-Lyme, on Sept 17 |
Russell Kane feels very strongly that Romeo and Juliet should be sexier. The problem is the pair are meant to be teenagers, rendering too much on-stage rumpy pumpy inadmissible. His solution? Playing Romeo himself – at 52. The comedian promises Eleanor Halls the sexiest production we’ve ever seen. Continue reading ➤ |
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We are entering “autumn dad” style season and who better to kick things off than Guy Ritchie? He arrived at the premiere of The Gentlemen series two earlier this month in a warm symphony of cinnamon and chestnut shades. We’ve got your six-step plan for pulling off the look and ensuring the effect is more David Beckham in the Cotswolds than Nigel Farage at the pub. Continue reading ➤ Here is another article that I hope you’ll find helpful this morning:
- With careful timing and a willingness to be flexible, you can eat very well with yellow-sticker items, while also keeping your grocery bill down. Here’s our writer’s guide.
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Before I travelled to Maastricht to investigate the strange case of the supposed skeleton of D’Artagnan, the French count who inspired Alexandre Dumas’s swashbuckling hero in The Three Musketeers, I was anxious to line up interviews in advance.
Nobody seemed to want to talk about the find under a modest suburban church, or the scandal that followed, which climaxed this summer with the arrest of a retired archaeologist.
When a deacon at the church finally agreed to meet me, I walked into one of the most curious stories I’ve ever reported on.
By the time it came to write it, I’d managed to speak to all three men who had embarked on a secret dig in search of bones and glory, only for the whole escapade to descend into a battle of egos that might have tickled Dumas himself.
Continue reading ➤ |
Flying the nestEvery weekday, Orlando Bird, our loyal Reader Correspondent, shares an off-piste topic that has brought out the best of your opinions and stories. Orlando writes...
There’s been much discussion about Andrew Purvis’s article, on one of the thornier questions in the age of the “boomerang generation”. Should graduates returning to live with their parents pay rent?
I confess that I never stumped up during my year-and-a-bit back in my childhood home after university – and nor did my parents ask me to – though I did try to keep food and wine supplies topped up (the latter can go quite a long way). Still, that was in the not-incredibly-recent past, and with some young people now staying well into their 20s, the question takes on a slightly different complexion.
For Ollie Edwards (aged 21), and many other readers, there was no debate: “The answer is yes! I pay my parents to cover my food and bills (and probably as a form of compensation for being such a pain as a child) when I’m home from work. I will also help out with tidying and washing. I’d have thought that was the bare minimum.”
Leslie Smith suggested that this was not, in fact, a particularly new development: “When I got my first job in the 1960s I earned £6 per week. One third went on bus fares to work, one third to my mum and one third to me. My own children paid rent as soon as they were earning and they never questioned it.”
Mark Stevens favoured a different approach, however: “I didn’t charge either of my kids rent when they started work on the understanding that, after paying their eye-watering train fares, they saved everything they could for rent, deposits and furniture. Both moved out as soon as they could – within a year. Charging them would have just delayed the process. They were both aware of the value of money and didn’t miss out on any life lessons.”
Another reader added: “I don’t have a lot, but I don’t need the money. When my children come home to stay for some time, I am very happy to see them and ask for nothing in return.” Where do you stand? Send your responses here, and the best of the bunch will feature in a future edition of this newsletter.
Please confirm in your reply that you are happy to be featured and that we have your permission to use your name. |
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1869 | Golf’s first recorded hole-in-one by Tom Morris at the eighth hole in Prestwick, Scotland
1920 | The Wall Street bombing kills 38 and injures 143 when a horse-drawn carriage explodes in New York
1965 | Davie Jones changes his stage name to David Bowie
1992 | Black Wednesday: The government is forced to withdraw the pound from the European Exchange Rate Mechanism (ERM) after failing to keep its exchange rate above the required limits (see how we covered the news the following day below, featuring two familiar names in the byline)
Birthdays: Amy Poehler (55), David Copperfield (70), Julia Donaldson (78)
Plus, in the news today, the original cover art for Asterix in Britain has sold for a record price, more than seven times its highest estimate. How much did it sell for?
1. £600k
2. £900k
3. £1.09m
4. £1.27m
Click one of the options to reveal the answer... |
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Find as many words as you can in today’s Panagram, including the nine-letter solution. Visit Telegraph Puzzles to play a range of head-scratching games, including The 1% Club, Cogs, and Quick, Mini or Cryptic Crosswords.
Yesterday’s Panagram was UMPTEENTH. Come back tomorrow for the solution to today’s puzzle. |
Thank you for reading. Have a fulfilling day and I hope to see you tomorrow.
I’d love to hear what you think of this newsletter. You can email me your feedback at fromtheeditor@telegraph.co.uk. Chris Evans, Editor |
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