Severn Trent today rejected a takeover approach worth up to  £5 billion from a consortium of foreign investors, saying it “completely fails to recognise the existing and potential value” of  the FTSE 100 water supplier. However, the City predicted another bid would emerge.

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How to hijack the advice of a prudent spouse

Very Unusual Jobs Indeed

People and Business: Surprise party - 30 years on

NICK BRIGSTOCKE, chairman of CSFB's broking side, has been with the same outfit for 30 years. It may originally have been called Phillips & Drew, and then BZW, but it has retained the same core of people through the years.

Rugby Union: Richmond stay put

RICHMOND YESTERDAY confirmed that they will continue to play at Reading FC's Madejski Stadium next season.

Basketball: Lewis and Duck fire Towers to title

LONDON TOWERS were good enough to finish only fourth in the league this season, but last night they took the Budweiser Championship play- off title 82-71 against a Thames Valley Tigers team who had lost their playmaker Casey Arena with a knee injury in Saturday's semi-final win over Manchester Giants.

Thames Water lobbies PM on takeovers

THAMES WATER, the country's biggest water company, has stepped up its campaign to be allowed to take over other UK suppliers by lobbying Tony Blair's office directly.

Railtrack probes two near misses

TWO NEAR-MISS rail incidents, including one where a commuter train nearly crashed head-on with another service, were being investigated by Railtrack yesterday.

Water companies defy Byatt with plans for price rises

BRITAIN'S 27 water companies have defied the Government and Ian Byatt, the water regulator, by seeking inflation-busting price rises in the business plans they have submitted for the next five years to Ofwat.

Books: Seduction of a sulky sphinx

Ink

Basketball: Robinson faced with one-year suspension

JUST AS Derby Storm put one of their disciplinary problems behind them, another surfaced for the Budweiser League club yesterday, when their American player Maurice Robinson was banned from the game for one year after failing to supply a complete urine sample during a Sports Council doping control test.

Water groups defy price cut demand

THREE of the UK's biggest water companies yesterday threw down the gauntlet in their battle with the water regulator, Ofwat, over the amount they can charge customers for the next five years. Only one, Thames Water, is proposing a cut in bills.

Boy, 2, drowns in Thames

A TWO-YEAR-OLD boy drowned yesterday after falling from a pleasure boat into the River Thames. Police were called to the river bank at Donnington Bridge in Oxford just before midday after the child disappeared from view.

Rowing: Fair start for the Boat Race

THE BOAT RACE crews, with little over 24 hours to go, have cut their training to the minimum with the few remaining sessions devoted to precision work and practice race starts. They go from the stake boats moored in the stream with the unfamiliar sensation of the Tide running underneath. This year the Umpire, Mark Evans, an Oxford Blue and 1984 Olympic champion, has decreed that the blades must remain flat on the water until he calls "go".

Otters to be tempted back to the river Thames

A PROJECT to tempt otters back to the Thames was launched yesterday by Sir David Attenborough, the wildlife broadcaster, and Michael Meacher, the Environment minister, who posed with two tame otters near Maidenhead in Berkshire.

Rising waters threaten London

RISING WATER levels beneath London are to be tackled by drilling a network of boreholes aimed at preventing hundreds of millions of pounds worth of damage to buildings and the Underground system.
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National archives: Edward VIII’s phone calls - and how MI5 bugged them

Edward VIII’s phone calls - and how MI5 bugged them

Newly unearthed papers reveal a shocking extra dimension to the constitutional crisis over monarch’s abdication
Sent down at the Old Bailey: A tour of the world's most famous court

Sent down at the Old Bailey

A tour of the world's most famous court
Hollywood's random acts of red-carpet kindness

Hollywood's random acts of red-carpet kindness

The Hangover actor Zach Galifianakis’s date for his movie premieres isn’t arm candy  – it’s his 87-year-old friend who he saved from homelessness
British football scores an own goal

British football scores an own goal

Many managers barely survive a year in post. Martin Baker talks to experts who make a case for clubs using forensic business skills to find the best staff
James Lawton: Sergio Garcia cracks as major fault line opens up again

James Lawton

Sergio Garcia cracks as major fault line opens up again
Dylan Hartley: Northampton have spent the season proving all our critics wrong

Dylan Hartley talks tough

Northampton have spent the season proving all our critics wrong
Watch out Watford: Here comes the secretive Bilderberg Group

Watch out Watford: Here comes the secretive Bilderberg Group

A meeting of global power brokers in a Hertfordshire hotel is exciting conspiracy theorists, but what are they really about?
'The ultimate all-in-one home entertainment system': Microsoft finally unveils its Xbox ONE console

'The ultimate all-in-one home entertainment system'

Microsoft finally unveils its Xbox ONE console
Plenty of Fish dating site founder pulls 'Intimate Encounters' option to ward off sleazy men

Plenty of sleaze

Dating website pulls intimate 'hook-up' section to curb harassment
Inferno author Dan Brown 'honoured' to be invited to join the Freemasons

The Freemasons’ Code

Dan Brown reveals the message that told him door to the lodge is open
Not secure any more: G4S boss heads for exit at last

Not secure any more: G4S boss heads for exit at last

Nick Buckles survived the Olympics débâcle and a £5bn bid fiasco but a profit warning finally triggered his downfall
How to say ‘I’m a sellout’: Tumblr’s David Karp’s message of reassurance to his staff sounded very familiar

How to say ‘I’m a sellout’

Tumblr’s David Karp’s message of reassurance to his staff sounded very familiar
Why clubs are keen to take a stand

Why clubs are keen to take a stand

There's a real desire around the grounds for safe standing. But will the authorities listen?
In the end the fans decided Tony Pulis had made a pig's ear of the job at Stoke City

In the end the fans decided Tony Pulis had made a pig's ear of the job at Stoke City

Disillusion with a siege mentality and negative playing style made change inevitable
James Lawton: The James Hunt I knew is the subject of a new F1 movie

James Lawton: The James Hunt I knew is the subject of a new F1 movie

British driver was fascinating man whose epic duel with Niki Lauda in 1976 was typical of an era of glamour and glory – but also the ever-present threat of death