he is talking specifically about thames water because thames water, one of their big investors with theovereign wealth fund. here is what they said last week about pulling their and estimate from thames water. they said reception continues to be colored by investors experience in waterhere the glitch or environment remains a red flag. what they are saying is the regulators come down hard on thames water. that sense down a chilling edge to investors who want to come here in the premised are saying i am all ears. what is the problem and how do you square that circle when consumers, when people within the party want them to deal with that behaving companies? >> they are going to have to go deeper than making these general proclamations. i listened to your question as a member of the british public and a voter and a parent and then with my business advisor hat on so i can see it both ways but dealing with the water companies and with pensions are the two sectors that are most pressing in terms of reform. it is still possible to send signals and to issue and create policies that are probe's

thames water has been thrown a cash lifeline that will tout the troubled utility giant over until octoberup has secured a loan of up to 1528 00:12:34,224 --> 00:12:34,

they used to run thames water. um, and their record on thames water was widely criticised.an on investing in coal. earlier this year, they agreed to pay $70 million to us regulators after being accused of overvaluing some of their investments. are you ok with all that? what we need in the uk is the right regulatory framework so that any bank, be it macquarie or anybody else, adheres to the right laws. and in that sense, i was sitting next to steve reed, the defra secretary, the environment secretary, he's already getting down to work in sorting out the regulatory mess and failure that we inherited in the water industry. right. apart from national security then, because i'm guessing that is a red line when it comes to investing in this country, would that be fair? of course we've got very strict... essentially, our approach is to say, promote what we can and protect what we must. so apart from national security, are there any other red lines for businesses and states around the world investing in the uk? in what sense do you mean red lines? give me examples of what you mean.

looking at the data given about the different areas we have thames water, yorkshire water and cambridgeterms of the number of complaints are shared and how those complaints are shared and how those complaints are shared and how those complaints are dealt with. water uk, the industry representative site 95% of complaints are dealt with by the companies themselves, only a smaller number or escalated but it's obviously an increasing number getting escalated. they said they want and need to charge customers more money in order to be able to put more money into customer services to deal with complaints that you can see five from a customer point of view it's frustrating to think bills will increase fairly dramatically over the next five years especially for a service that they are paying for which is considered bad performance. thank you. a doctor in the us has pleaded guilty to a charge relating to the death of the actor, matthew perry. the friends star died last year after an overdose of the drug ketamine. dr mark chavez admitted obtaining the drug fraudulently and conspiring to distribute

it was feared that thames water, which supplies one in four people in the uk, could run out of money the deal say it shows investors can reach an agreement to secure the company's future. the chancellor rachel reeves will announce a new investment zone in the east midlands and five new freeports, as part of the budget next week. there are currently a dozen freeports around the uk, introduced by the previous government. sir keir starmer says the plans will "maximise their potential" and create up to 89,000 jobs by 2033. an inquest in south wales has heard that three teenagers died when the car they were travelling in split in half as it crashed last december. it was being driven by 18—year—old jesse 0wen, who was over the legal alcohol limit at the time. 0ur reporter tomos morgan is outside pontypridd coroner's court for us now. tomos, what else has been said this morning? the first evidence that we heard here in pontypridd this morning where the postmortem examination results and the cause of death of the three that died, morgan smith, karen griffiths and jesse 0wen, it seems to be b

i mean, i'm thames water, i have to have thames water and they are appalling. >> if i, if i didn't likejust walk to another one. and you know, customers can actually have power within the thames water. >> but this happened. this happened before that evolved. this was in the 80s, wasn't it? >> when it was privatised, companies were privatised. i know, but i mean it's crazy that it's privatised. and then there they're owned of course by foreign companies or foreign governments. >> now you see that brings the that brings up another subject. what are we talking about? >> well, we've got this investment forum the labour party are hosting on monday desperate to attract lots of foreign money into the country, because you've got to try and do something to get growth. >> no, my point is this all our airports are owned by foreign companies, right? they're a disgrace. they've gone totally downhill. absolutely. spanish companies owning things right, left and centre. >> yesterday in that big announcement on buses in northern ireland. australian energy companies mainly owned by overseas people. >> al

in maidenhead we have the river thames and water safety is drummed into us from day one.e in that space. tt scary to make a change in that sace. , ., ., ., space. it is one thing to have the idea but quite — space. it is one thing to have the idea but quite different - space. it is one thing to have the idea but quite different to - space. it is one thing to have the idea but quite different to then l space. it is one thing to have the l idea but quite different to then get to the stage where there are kids in the pool. how do you put together a swim school? tt the pool. how do you put together a swim school?— swim school? it started three years a . o, swim school? it started three years aao, iwas swim school? it started three years ago. i was sat _ swim school? it started three years ago. i was sat in — swim school? it started three years ago, i was sat in my _ swim school? it started three years ago, i was sat in my bedroom i swim school? it started three years l ago, i was sat in my bedroom making phone calls to local swim schools in the area asking what was going well

thames water i'll be astounded if they don't go bust and that will be left on the government's plate.at's before you get to things like donors and the budget no doubt being panned because rachel reeves thinks she can cut her way to growth, which doesn't make sound economics to me. so i would have thought so. and i think gawain is probably more right, the more interesting ones for the labour party would be ones in scotland and wales, which is more of a natural home for them. >> and just to interrupt there, that's live pictures of committee room 14. we're expecting an announcement in just over two minutes time. matthew, on that point of labour's unpopularity, could i ask you that question? i mentioned at the top of the show about pensioners, the winter fuel allowance cuts has been, by any reckoning, it's been a terribly unpopular decision. perhaps no one that they may regret. october the 30th. all eyes are on the budget announcements. the news today, a raid on pensioners bringing down the pension cap. what's what's going on with the with the labour party and pensioners? is it because pe

carried away, to give you get too carried away, to give you one example, i looked at the figures for thames wateray's - will notice it. thank you very much indeed. more of the day's news i will notice it. thank you very much l indeed. more of the day's news with jon. the israeli military has carried out further airstrikes on hezbollah targets in beirut overnight, following a day of commemorations marking the first anniversary of the attacks by hamas. the israeli prime minister has vowed to continue the military campaign against hamas and hezbollah — both designated as terrorist organisations by the uk — for as long as they pose a threat. the lebanese government says more than a million people have now been displaced by the fighting. joe inwood reports. beirut — plunged into darkness by this spreading war. huge swathes of the city illuminated only by the explosions of incoming missiles. israel says it is hezbollah positions it's targeting. the people of this city caught in the middle. many are trying to flee — either to safer parts of the country, or to neighbouring syria. at the main border cross

when you look at the list of companies, it is thames and yorkshire water who are what's the council describedservice. thank you, colette. the princess of wales has been back on official duties, meeting an aspiring teenage photographer with a rare form of cancer after inviting her to take official photographs at windsor castle. 16—year—old liz hatton was pictured hugging the princess. she has recently completed her own chemotherapy treatment for cancer. kate and prince william took to social media to say that liz's "creativity and strength" was inspiring. that was quite a hug, wasn't it? that was quite a hug, wasn't it? that will mean a lot. do you know who is a good hugger? yeah. very rare occasion you can sneak up on her, and in force it upon her. don't you? no, you are very welcome with your hugs! t you? no, you are very welcome with our hu:s! �* ~' .. you? no, you are very welcome with our hu:s! �* ~ .. i. your hugs! i didn't know where you are auoin your hugs! i didn't know where you are going with _ your hugs! i didn't know where you are going with that _ your hugs! i didn't know where y

bills, even higher than they had first requested, southern water is seeking an 84% hike, while thames water, the uk's biggest provider, wants to raise its bills by 4,053% by by 2030. only wessex water isn't pushing for more than what was asked for in july. off . what's interim july. off. what's interim decision had allowed for a 21% rise, with the final ruling expected in december . government expected in december. government borrowing has surged to its highest level since the pandemic, driven by public sector pay rises and rising interest rates on debt. borrowing. last month hit £16.6 billion. that's the third highest september on record , highest september on record, despite a rise in tax revenue. the ons says that the gap between what the government took and what it spent was less than expected, but still above forecasts for the year. treasury chief secretary darren jones has, though, defended the pay rises, saying strikes would have cost the economy much more . cost the economy much more. >> it was right to settle the strikes that were strife across pubuc strikes that were strife across

walking up water companies have already asked for a 40% bill hike by 2030, while thames water wants a% increase because , they say, 53% increase because, they say, of mounting debts . well, staying of mounting debts. well, staying with the news on water and the environment secretary says he had no idea that football tickets he accepted were linked to a polluting uk water firm. steve reid was questioned on gb news this morning. over £2,000 worth of tickets from a firm with ties to northumbrian water, one of three companies the water regulator has ruled not fit for purpose. speaking to breakfast this morning, reid admitted he probably wouldn't take tickets again but denied it had influenced any of his decisions . influenced any of his decisions. >> tickets were from a telecoms company, not a water company. so your facts, i'm afraid, are wrong and your inference is wrong and your inference is wrong too, because i would hardly i would hardly. i would hardly i would hardly. i would hardly be taking the toughest action against water company and water company bosses of any secretary of state