In the second part of our focus on the water industry, we chart the decline of one of the UK’s major utility companies, now on the brink of restructuring or renationalisation
The markets haven’t imploded, sterling is solid, and there is no flight of investors – and given the circumstances, the only way is up, says Guardian economics editor Larry Elliott
The prime minister is welcome at Nato’s summit in Washington as a rare example of a leader who has won from the centre, says Guardian columnist Rafael Behr