has to provide drinking and waste water and it does not have any competitors, but as you say, it has amassed debts of £14 billion over the years and this has to be serviced. it costs the costs are rising because of inflation. interest rates are rising. cost of servicing the debt has gone up. and also, it has to pay each year in investment, it is under fire for leaky pipes, sewage flowing into rivers, not meeting its performance targets, and of course hefty fines in the process. it needs to raise new money. it has already had half £1 billion from shareholders and it needs to raise in the region of another billion and it has a debt repayment coming up in the next year. it has to try and persuade its shareholders that this turnaround plan under the new ceo, sarah bentley, who left rather abruptly yesterday, that the plan is working, and for them to stump up and i think what has brought this story to the fourie is news that the government is looking at options. contingency p
course, happy father s day to all the fathers out there and happy juneteenth. hi, arthel. arthel: happy father s day to you, eric, happy juneteenth to everyone. i m arthel neville. two other big stories we are watching this hour. president biden under mounting pressure to act as american families struggle with high prices on everything from gas to groceries, top white house economic adviser on fox news sunday trying to put the best face on it. look, we get it, when you drive up to the pump and you see prices, it creates uncertainty and real economic hardship but at the same time it is important as americans that we recognize the unique strengths in the economy. the president has made clear fighting inflation and bringing down prices is top priority. arthel: agents at the border border tell us they are understaffed as migrants keep flooding around the clock. live team coverage right now bill melugin in devaldo, texas but first jonathan in jackson international airport in atl
virginia. the security in hopewell was not as tight as it would have been as maximum facility. lamonty willis and shaw were missing on saturday and serving lengthy services for gun and drug charges. the federal bureau of prisons has come under fire for lack security at similar complexes where it s typical to leave doors unlocked and security cameras not in working order. the u.s. marshal service has launched an internal probe and the fbi and local law enforcement are involved as well. mike. mike: marianne rafferty, starting us off. anyone with information on the four men encouraged to call (804)545-8501. rising inflation and soaring gasoline prices are weighing heavily on the biden administration prompting historically low poll numbers. lucas tomlinson joins me live from the white house with the very latest, hi, lucas. lucas: hi, mike, after president biden fell off bicycle while ride target beach today, today the new york post showed the president on the asphalt with a headl
became the first transgender champion in ncaa division history. in an interview last month, he said that she does plan to keep swimming competitively including, she said, at the olympic trials to try and go after the olympics. the vote, though, by the governing body would ban thomas and other transgender athletes from taking part in women s sports events. mary korean rafferty joins us with more. reporter: hi, eric. the new rules would mean a trans it s e alt heat9 would have to complete their transition before the age of 12. ya thomas, first trans athlete to win a division i swimming title and had also hoped to compete in the olympics, will not be allow to do so. the international body that governs water sports says the move will balance includessivity and insure no one has an unfair advantage. we have to protect the right of all our athletes to compete. but we also have to protect competition fairness at our events, especially women s competition. and also the past reco
last tuesday. another difficult weekend for air travel and airlines canceled or delayed thousands of flights. transportation secretary pete buttigieg is pushing airlines to make sure they can operate their plan summer schedules and since his department could take action against airlines that failed to meet consumer protection standards. wall street journal global economics contributor is standing by with his reaction we have fox team coverage tonight jonathan serrie with airline delays and cancellations, first to lucas tomlinson live at the white house right now. president biden says a recession is not inevitable. the top economic advisor disagrees and calls us federal gas tax gimmick. i think the likelihood is that in order to do what s necessary to stop inflation, the fed is going to raise interest rates enough that the economy will slip into recession. we call the grave warning before passing a 1.9 trigon dollar covid stimulus bill saying it would cause skyrocketing in