1. Ofwat in showdown with water bosses over ‘the biggest ever cut in investment’
Ofwat has “got this wrong” said industry group Water UK
2. Thames Water bills to rise by £99, barely half of what it sought
London's water supplier also put on special measures to sort out its problems
3. FTSE 100 makes good gains on US rate cut hopes
UK economy pulls forward, water bill debate erupts, British Airways slips
4. US inflation softens more than expected, boosting Fed cut hopes
US inflation cooled more than expected last month
5. Labour has inherited an improving economy, GDP data shows
Month on month, gross domestic product grew by 0.4%,
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