Asking prices for UK homes near record high; Thames Water lifts spending plan to £19.8bn – business live

Rolling coverage of the latest economic and financial newsTroubled water company Thames has this morning outlined plans to increase spending on its network to tackle leaks and sewage spills by at least £1.1bn.Thames, which is fighting to avoid temporary nationalisation, has submitted an update to its business plan for 2025-2030, under which it would spend £19.8bn to address environmental concerns over sewage dumping, guarantee high quality drinking water and ensure the security of wa