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Plan to ban ‘private equity sharks’ from social care dropped, Wes Streeting says

Exclusive: Ex-minister accuses Labour of ‘overcautiousness’ and says his proposal was cut from manifesto

Wes Streeting has said his plan to ban “private equity sharks” from the social care sector was removed from the Labour manifesto, as he accused the government of “overcautiousness” in reforming the industry.

In a Fabian Society report on how to create a national care service, Streeting said overhauling social care was “one of the defining challenges of our age” but an “absence of good political leadership” was holding back change.

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© Photograph: Jack Taylor/Getty Images for SXSW London

© Photograph: Jack Taylor/Getty Images for SXSW London

© Photograph: Jack Taylor/Getty Images for SXSW London

Pizza Hut, struggling with delivery competition, sold for $2.7 billion

Pizza Hut has been squeezed in recent years by the growth of DoorDash, Uber Eats and other restaurant delivery companies which marketed access to a slew of cuisines besides pizza.

Thames Water nationalisation moves closer as government objects to rescue deal

16 June 2026 at 14:52

Environment secretary raises concerns that customers would face ‘undue burden’ from £10bn plan

The UK environment secretary has objected to a £10bn rescue proposal for Thames Water because it would place an “undue burden” on consumers, pushing the troubled utilities firm closer towards public ownership.

Emma Reynolds wrote to Iain Coucher, who chairs the regulator Ofwat, on Monday to raise concerns about the plan for the UK’s biggest water company as she is worried that customers will lose out.

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© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

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