LONDON, July 11 (Reuters) - Britain's water regulator Ofwat said average bills would rise by 21% over the next five years, lower than asked by water companies, in an initial decision on the industry's future amid a sewage pollution crisis and funding problems at Thames Water. (Reporting by Sarah Young, Editing by Paul Sandle)

LONDON MARKET CLOSE: Stocks in red with tariff impact still unfolding
(Alliance News) - Stock prices in London closed decidedly lower on Friday, as investors continued to digest US President Donald Trump's new tariffs and were newly rattled after China responded in kind.
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