Water Companies Restricted in Bill Increases by CMA

Five major UK water companies have had their proposed bill increases significantly reduced by the Competition and Markets Authority, limiting revenue rises to £463 million instead of the requested £2.7 billion.

Brits Abandon Pets in Dubai Amid Evacuation Chaos

Animal charities in Dubai report a surge in abandoned pets as expats, including thousands of Brits, flee the region due to security threats. Vets face euthanasia requests for healthy animals amid relocation challenges.

Persimmon: Iran Conflict May Hit Homebuyer Confidence

Housebuilder Persimmon cautions that the Iran conflict could weaken buyer sentiment, as mortgage lenders hike rates amid inflation fears. The firm expects 12,000-12,500 completions in 2026, assuming the conflict is short-lived.

CMA Warns Heating Oil Suppliers Over Price Surge

The Competition and Markets Authority has issued a stern warning to heating oil suppliers to honour agreed prices as costs soar due to the Middle East conflict, threatening action against breaches.

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