Rolling coverage of the latest economic and financial news

• Thames Water to get green light to hike bills by more than a third by 2030

Newsflash: UK household water bills are to rise by 36%, above inflation, over the next five years.

Water regulator Ofwat has announced that this will mean an average increase of £31 per year.

“We’re not allowed to own bitcoin.”

“That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed.”