News about Gary Carter

Macquarie, the Australian infrastructure giant, now owns 80% of National Gas, which operates thousands of miles of pipes that bring supplies into British households. It comes following a recent deal that saw Macquarie and British Columbia Investment purchase a majority stake in the gas infrastructure market for £4.2 billion.

As public outrage over river contamination and ongoing water leaks, it was revealed last night that nine water companies' bosses had been paid £13 million in only one year. As questions swirl around Thames Water's future, critics have dismissed the pay packages of the UK's top water bosses as 'excessive.' After Sarah Bentley, the firm's £2 million-a-year chief executive, announced her surprise departure on Wednesday, the agency, which serves 15 million customers, is now in emergency talks with the government and the water authority Ofwat about a multibillion cash injection.

In the wake of rumors that the UK's biggest water corporation is on the verge of collapse, a blazing debate over fat cat pay has arisen. As rumors swirl over Thames Water's future, critics have slammed the compensation plans of the UK's top water managers as "excessive." Since its chief executive Sarah Bentley's surprise departure on Wednesday, the company, which serves 15 million clients, is now in emergency discussions with the government and the water regulator Ofwat about a multibillion cash injection. It comes as Thames, as well as the wider industry, is under fire over leaks and sewage dumping in the UK's waterways. Bentley, the former chief executive of Thames Water for three years, received £1.5 million for her services from 2022-23, while Severn Trent's Liv Garfield and Steven Mogford, the former CEO of United Utilities, earned £3.2 million in their most recent financial years.

Thames Water, a debt-laden utility, is in a desperate fight to gain £1 billion and fend off its demise, according to reports that it will have to be paid for by the taxpayer. The company, which employs 15 million people and is Britain's largest water provider, is reportedly on the 'brink of failure.' Because the business is in danger, government ministers are now considering whether or not to nationalize it in the event of failure. Thames saw the worst leakage rate in five years last year, with an estimated 630 million litres of water per day fleeing from the city's ageing network of pipes.

The government is considering contingency plans for Thames Water's demise, despite concerns that it can handle its £14 billion debts. (Pictured: CEO Sarah Bentley, who has resigned today, has withdrawn today. Ministers are said to have met with Ofwat, the industry regulator, to investigate the possibility of converting Thames Water into a Special Administration Plan (SAR), resulting in temporary public ownership. The government last used this insolvency process after the downfall of energy supplier Bulb in 2021

Sarah Bentley (pictured), the woman who took over the UK's largest water company three years ago, announced last month that she would not get a bonus for the 2022-23 financial year, joining rivals Pennon Group and Yorkshire Water in the midst of fierce criticism of the water industry.

After a long fight with cancer, John Stearns, a four-time All-Star catcher with the New York Mets, died. He was 71 years old at the time. According to the Mets, Stearns, who played football and baseball at the University of Colorado, died in Denver on Thursday night. He died less than three weeks after celebrating an Old Timers' Day at Citi Field in New York, which coincided with the Mets' 60th anniversary. On Aug. 27, he was noticeably thin in his Mets jersey and waved to the audience as he was introduced on the field.