Category : Search result: data centre debt


AI Data Centre Boom Transforms Nevada Desert

The Tahoe-Reno Industrial Centre, a 100,000-acre Nevada site, is now a global hub for AI data centres, driving economic growth but straining scarce water and power resources. Explore the modern-day gold rush.

Post Office reprimanded by ICO over data breach

The Information Commissioner's Office has issued a formal reprimand to the Post Office for a significant data breach exposing personal details of over 350 individuals. Read the full investigation.

Leon warns of closures after £8 million loss

Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.

Thames Water profits leap as funding crisis looms

Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.

OBR's Long-Term Debt Warnings Threaten UK Economy

Beyond the public feud with Chancellor Rachel Reeves, the OBR's reports reveal a perilous long-term fiscal outlook for the UK, with high debt and demographic pressures risking financial stability. Read the full analysis.

UK Economy Grows in Q3 2025 on Data Centre Boom

The UK economy grew by 0.2% in Q3 2025, ending a technical recession. A surge in data centre investment and a rise in household spending drove the recovery. Read the full analysis.

First look inside Woolwich Waves leisure centre

Greenwich Council reveals the opening date and first images of the state-of-the-art Woolwich Waves leisure centre, featuring water slides, pools, and a rooftop football pitch. Opening New Year's Day 2026.

Democrat wins Virginia seat on data centre platform

John McAuliff's victory in a traditionally Republican Virginia district, focusing on data centres' impact on energy bills, offers a blueprint for Democratic campaigns. Discover how local issues trumped national politics.

79-year-old widow chased for 2p energy debt

A 79-year-old disabled widow from Dudley was pursued for a 2p debt due to a computer error, threatening her credit rating and causing immense stress. Discover how the situation was resolved.

Bromley's £39m leisure centre overhaul revealed

Exclusive first look inside Orpington's £17m refurbished Walnuts Leisure Centre as Bromley Council approves £22m West Wickham rebuild. Discover the new facilities coming to South London.

London councils hit by cyber-attacks, data stolen

Three London councils hit by cyber-attacks with data stolen from Kensington and Chelsea. Residents warned to be vigilant against suspicious messages. Systems disrupted across boroughs.

CME data centre failure halts futures trading

A technical failure at CME Group's data centre disrupted futures and options trading for hours. Discover how the incident affected global markets and what measures are being taken.

Student loan freeze to squeeze low-paid graduates

NUS warns a 3-year freeze on the student loan repayment threshold will force graduates to repay more, sooner, potentially leaving them struggling with basic living costs. Discover the impact on new graduates.

Reeves' 'Deceiving' Budget Delays Debt Repair

Rachel Reeves faces criticism for 'deceiving' Budget that delays fiscal repair as economists warn of interest rate hold fears. Key details on borrowing and tax changes.

OBR: UK Tax Burden Hits Record High

The OBR warns Rachel Reeves' Budget leaves UK finances vulnerable as the tax burden hits an all-time high. Discover the full impact on households and the economy.

Reeves Confronts £110bn Debt Crisis in Budget

Chancellor Rachel Reeves must balance tax rises with spending cuts as Britain's debt servicing hits £110bn annually. Can she ignore political pressure and fix public finances?

London councils hit by major cyber attack

Multiple London councils face a serious cyber attack with residents' data potentially compromised. Discover the latest on the investigation and what it means for you.

Cyber attacks hit several London councils

Westminster and Kensington and Chelsea councils are investigating serious IT breaches with the National Cyber Security Centre. Contact services are disrupted. Stay informed.

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