Ofwat is considering reducing sewerage fines for financially troubled water companies

Ofwat, the water regulator for England and Wales, is said to be considering reducing fines for sewage companies if they face financial pressure. According to the Financial Times, which first reported the plan, the regulator plans to set up a ‘recovery regime’ for Thames Water, which is on the brink of collapse or restructuring due … Read more

The troubled launch of Boeing’s Starliner spacecraft is being postponed again

Boeing’s Starliner capsule atop an Atlas V rocket is seen at Cape Canaveral Space Force Station’s Space Launch Complex 41 on May 7, a day after the mission to the International Space Station was scrapped due to a problem with a pressure control valve. John Raoux/AP hide caption change caption John Raoux/AP Boeing’s Starliner capsule … Read more