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Car finance inquiry could be significant for lenders

Warning by Bank of England deputy governor comes after analysts estimate total liabilities for sector could be up to £8bn

Thursday newspaper round-up: Thames Water, HS2, Yodel

Thames Water has been ordered to update its service commitment plan by the regulator Ofwat after a minister said the company’s performance in regards to sewage dumping and serving customers was “completely unacceptable”. Robbie Moore, the floods minister, said Britain’s biggest water supplier was “under no illusions over the scale of the challenge” as MPs heard that Thames had allowed waterways to become polluted and homes to be flooded with sewage. – Guardian

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