IlluMyFi

Subsidiary of electricity firm SSE signs ‘unique and novel’ employment and social housing deal with local councils

More than 1,000 new homes are expected to be built across northern Scotland linked to a £20bn investment in grid infrastructure needed to meet the UK’s green energy targets.

SSEN Transmission, a subsidiary of the electricity firm SSE, has signed a deal with local councils and housing associations in the Highlands to fund at least 1,000 new properties as well as the refurbishment of existing, unoccupied ones.

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0.98

Bearish/Bullish

100

22.10.24 09:00

by theguardian.com

New commission may ban English water companies from making a profit

Defra body, created to overhaul system amid public fury, may force firms to be run for public good rather than shareholder returns

New water regulator must create environmental enforcer that is feared | Nils Pratley

Water companies in England could be banned from making a profit under plans for a complete overhaul of the system.

The idea is one of the options being considered by a new commission set up by the Department for Environment, Food and Rural Affairs (Defra) amid public fury over the way firms have prioritised profit over the environment.

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