1. Thames Water parent to default on debt as rescue package axed
Kemble Water said it would not pay interest payments on its debts and would not be able to repay a £190 million loan that matures on April 30 unless an extension is granted.
2. FTSE 100 Live: Blue chips close in on 8K
FTSE 100 up 41 points at 7,973.
3. JD Sports hopes to revive flailing share price with trading update
Profit before tax is tipped to be in line with the £915-935 million guided range, meaning like-for-like sales should be up 4.2% year on year, or 8.4% on an organic basis.
4. Sam Bankman-Fried sentence to 25 years in prison
The disgraced former crypto king’s sentence was approximately half of that requested by prosecutors, yet it places him among the upper echelon in terms of sentence length for notable white-collar fraud cases.
5. Viavi gazumped as Spirent agrees to Keysight takeover bid
Spirent Communications (LSE:SPT) has accepted a takeover bid from US electronics group Keysight Technologies Inc (NYSE:KEYS) that bid beat out a previous offer from Viavi Solutions (NASDAQ:VIAV) by 26.5p per share.