Efra committee calls for emergency legislation enabling government to take public control of the company

Andy Burnham is under further pressure to take control of ailing Thames Water from a cross-party group of MPs who are calling for ministers to break off talks with the US hedge funds who are effectively running the company.

Adding their voices to demands that the prime minister takes public control of the company, which has debts of £20bn and is being controlled by a group of 100 hedge funds and distressed-debt investors, the MPs said in a report that ministers should consider emergency legislation to take control of its financial affairs to stabilise the company.

Exclusive: Campaigners argue news channel’s attacks on climate action ‘work in financial interests’ of Sir Paul Marshall

The hedge fund run by the co-owner of GB News almost tripled its investments in fossil fuel companies in the first quarter of 2026 to $2.8bn (£2.1bn), the Guardian can reveal.

Critics have accused Sir Paul Marshall of “cashing in on climate chaos” and have claimed the news channel, which frequently attacks climate science and action, was “working in its owner’s financial interests”.

Ex-hedge fund manager ‘forced to accept’ newspaper likely to succeed in its public interest defence, say his lawyers

Crispin Odey, the former hedge fund manager, has dropped his £79m libel claim against the Financial Times over its reporting of sexual misconduct allegations against him, his lawyers have said.

In 2023, the FT published several articles from 20 women alleging sexual assault and harassment against Odey, covering a period of five decades. He has previously denied the allegations against him.

The 55-year-old is one of the most successful hedge fund managers of his generation

When Chris Rokos decided to donate a record £190m to the University of Cambridge to set up a “school of government” this week, it became the latest mega project carried out in the hedge fund billionaire’s name.

The publicity-shy tycoon has spent much of the last decade presiding over one of England’s most expensive home renovations ever, of the 200-room Tottenham House mansion near Marlborough in Wiltshire, adding a tennis pavilion and private cinema in the £175m revamp.

Multimillionaire begins case against FCA ban over handling of investigation into sexual misconduct claims

The multimillionaire financier Crispin Odey was described by the head of his hedge fund as a “sex pest” and a sociopath and blamed an incident in which he allegedly groped a female staff member’s breasts on a sedative he had taken, a tribunal has heard.

The Brexit-backing hedge fund chief’s behaviour came under the microscope on the first day of a lawsuit he has brought against the financial services regulator over his exile from the City.

Citadel hedge fund boss, Republican donor and vocal Trump critic says administration has made ‘distasteful’ choices not in the public interest

The billionaire investor Ken Griffin has accused Donald Trump’s administration of “enriching” its families, and criticised its interference in American businesses as “distasteful”.

Griffin, who is the chief executive of the hedge fund Citadel and a large Republican donor, rebuked the Trump administration, saying it “has definitely made missteps in choosing decisions or courses that have been very, very enriching to the families of those in the administration”.