Companies

Thames Water Revises Oxfordshire Mega-Reservoir Plan

Published: 14 September 2026. The English Chronicle Desk. The English Chronicle Online. Thames Water has revised plans for a major reservoir in Oxfordshire as the struggling water company attempts to move forward with one of the largest water infrastructure projects ever proposed in the south-east of England, despite strong opposition from local councils, residents and campaigners. The White Horse reservoir, planned near Abingdon, is designed to hold around 150 billion...

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Oil Prices Surge as Saudi Pipeline Closure Deepens Crisis

Published: 14 September 2026. The English Chronicle Desk. The English Chronicle Online. Oil prices moved higher on Monday after a series of drone attacks forced Saudi Arabia to shut its strategically important East-West crude pipeline, intensifying concerns over the security of global energy supplies at a time when oil and gas markets are already facing significant disruption across the Middle East. Brent crude, the international benchmark for oil prices, rose...

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AI CEOs Call for Slower Development

Published: 14 September 2026. The English Chronicle Desk. The English Chronicle Online. Leading artificial intelligence executives in the United States have unexpectedly united behind calls to slow the pace of advanced AI development, raising fresh questions about whether the industry is genuinely prepared to accept stronger safety measures or whether the latest warnings are another attempt to shape regulation on its own terms. The debate intensified after Anthropic chief executive...

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John Lewis Losses Widen to £124m as Confidence Falls

Published: 10 September 2026. The English Chronicle Desk. The English Chronicle Online. John Lewis Partnership, the retail group behind John Lewis department stores and Waitrose supermarkets, has reported a significant widening of its first-half losses as higher operating costs and weaker consumer confidence continue to put pressure on the business. The group recorded a pre-tax loss of £124m for the six months to 1 August, compared with a loss of...

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Iceland to Open First UK High Street Store in Falklands

Published: 10 September 2026. The English Chronicle Desk. The English Chronicle Online. UK supermarket chain Iceland is set to become the first major British high street retailer to establish a physical presence in the Falkland Islands, with plans to open a new store in the territory's capital, Stanley, in early December. The retailer said the new shop would be launched in partnership with local business Kelper Stores, marking what the...

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JPMorgan Boss Warns Against UK Bank Tax Rise

Published: 10 September 2026. The English Chronicle Desk. The English Chronicle Online. JPMorgan chief executive Jamie Dimon has warned senior UK politicians that increasing taxes on banks could put investment and employment at risk, as the government considers whether to introduce higher levies on the financial sector in its upcoming October budget. Dimon, one of the most influential figures in global banking, met Andy Burnham and Chancellor John Healey on...

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Apple Folding iPhone Set for Major CEO Test

Published: 09 September 2026.The English Chronicle Desk. The English Chronicle Online. Apple is expected to unveil its first foldable iPhone at its annual autumn product launch on Wednesday, marking what could become one of the most significant changes to the company’s flagship smartphone since the original iPhone transformed the mobile industry almost two decades ago. The anticipated device is expected to feature a foldable design that allows the phone to...

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Nats Boss Summoned as UK Flight Chaos Continues

Published: 09 September 2026.The English Chronicle Desk. The English Chronicle Online. The chief executive of Britain’s air traffic control provider has been summoned to meet the UK transport secretary as widespread flight disruption entered its second day, with more than 1,900 cancellations recorded across airports and hundreds of thousands of passengers affected. Martin Rolfe, chief executive of Nats, is expected to brief Transport Secretary Heidi Alexander on Wednesday as pressure...

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McLaren to Create 1,000 UK Jobs in £450m Investment

Published: 09 September 2026.The English Chronicle Desk. The English Chronicle Online. British supercar manufacturer McLaren is set to create around 1,000 jobs in the UK as part of a major £450 million investment in technology and future vehicle development, offering a significant boost to Britain’s automotive sector at a time when manufacturers across Europe are facing mounting economic and competitive pressures. The new positions will be created as McLaren expands...

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Oil nears $100 as Saudi attacks shake markets

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. Global oil prices have moved sharply higher towards the psychologically important $100-a-barrel level after attacks on energy facilities in southern Saudi Arabia added to concerns about disruptions to supplies across the Middle East. Brent crude, the international benchmark, climbed above $99 a barrel during Tuesday trading, putting prices at their highest level since July. The latest increase came...

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