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Thames Water has been fined £122.7m for breaching of rules relating to its wastewater operations and dividends payments. It is the biggest ever penalty issued by the water regulator Ofwat. The regulator said the fines followed its “biggest and most complex investigation” and confirmed it would be paid paid by the company and its investors,...

US federal prosecutors have filed a formal notice seeking the death penalty for Luigi Mangione, the man accused of shooting dead a healthcare boss in New York. Prosecutors argue in the filing that the 26-year-old killed UnitedHealthcare CEO Brian Thompson “to amplify an ideological message” and spark resistance to the health insurance industry. The move...

Verstappen’s radio messages during the race clearly indicated he did not approve of the penalty he was given, but he was warned to keep his thoughts to himself. Red Bull team principal Christian Horner said he felt the penalty was “very harsh” and asked rhetorically: “Whatever happened to ‘let them race on the first lap?’...

US prosecutors will seek the death penalty for Luigi Mangione, the man accused of shooting dead UnitedHealthcare CEO Brian Thompson in December. Attorney General Pam Bondi said in a statement on Tuesday that she had directed federal prosecutors to seek the penalty for the “premeditated, cold-blooded assassination”. Mr Thompson was shot dead outside a hotel...