Burnham’s water nationalisation ‘risks costing taxpayers £140bn’
Creditors of Thames Water have told the Treasury that taxpayers would face an immediate compensation bill of up to £144bn to nationalise the water sector. The estimate, produced by consultancy Frontier Economics on behalf of the creditors, includes funding existing investment commitments as well as increases in inflation.”
The Telegraph
APP fraud losses have fallen by an estimated £73m per year
The report follows separate UK Finance figures released in June which indicated that APP fraud losses rose sharply last year. Authorised push payment (APP) fraud losses have fallen by an estimated £73 million annually, according to a review into the impact of rules requiring banks to reimburse victims.
The Independent
To keep on top of AI, shift from minimising risk to managing it
Outdated regulation could be as big a threat as the technologies it is supposed to govern, write Gus O’Donnell and Sharon White
The Economist
The IPO wave will enshrine the AI gods’ control over the future
Looming offerings by SpaceX, OpenAI and Anthropic are potentially perilous experiments in corporate governance, writes Gill Whitehead
The Economist
SAF is new flashpoint between EU and airlines
Catherine Galano and Stefan Rohm from Frontier Economics, one of Europe’s largest economic consultancies, explore what it will take to bridge that gap, and why the next phase of the transition will depend as much on investment conditions as on policy ambition.
International Finance Magazine
