Regulation

The proposed cuts, to be imposed from 2021, are 'harsher than what we were expecting', according to ratings agency S&P.

The UK utility's repeat offences that led to a record-breaking fine raises serious questions about how asset managers are held to account.

Solar panels in the state can continue to be installed by trained labourers instead of licensed electricians as state regulations introduced in May would have required.

UK water company showed ‘scant regard for its responsibilities to society and the environment’, according to Ofwat.

An average 3% fall in revenues is expected from March next year as operational costs rise.

Industry Super Australia said that its members ‘stand ready to help’ with the transition to renewable energy but called on the government to do more to help create the right conditions for investment.

More deregulation and introduction of tax incentives are expected to attract private capital, but risks, including corruption, remain.

Local governments will be able to use proceeds from special-purpose bonds as project capital, as the country tries to stimulate economic growth.

The spotlight is intensifying as private debt’s role in the stability of the financial system is questioned – and misunderstandings needs to be addressed.

The new regime is slightly more lenient than earlier proposals, although the regulator says consumers would save £6bn over the five-year regulatory period.