Monday newspaper round-up: Thames Water, British workers, petrol prices

(Sharecast News) - The parent company of Thames Water has been warned by its auditors that it could run out of money by April if shareholders do not inject more cash into the debt-laden firm. In accounts signed off in July and published on the Companies House website last week, PricewaterhouseCoopers said there was "material uncertainty" about whether the main company behind the water supplier can continue as a going concern. - Guardian British workers are missing out on £10,700 a year after more than a decade of weak economic growth and high inequality, according to a major report warning that UK living standards are falling behind comparable rich nations. In a damning report on the economy, the Resolution Foundation and the London School of Economics' Centre for Economic Performance called for an urgent rethink of economic strategy after 15 years of relative decline. - Guardian

Drivers are being overcharged to fill up their car with petrol by £5 as forecourt operators fail to pass on fuel duty savings and cheaper wholesale costs, the RAC has said. Wholesale petrol and diesel prices have fallen this year, but petrol station operators have generated chunkier profit margins by reducing retail prices at a slower pace, it said. - Telegraph

About 300,000 backers of Neil Woodford's collapsed investment fund have until 5pm today to register to vote on a compensation scheme that is dividing the City and infuriating many small investors. Critics of the offer of up to £230 million say it is much too small, has been misleadingly explained and has been designed to spare the blushes of the City establishment and prevent the wider financial services industry from having to pick up the tab. - The Times

The grip of Britain's biggest airlines on lucrative UK take-off and landing slots could be loosened under government proposals intended to give travellers "smoother getaways and cheaper prices". The Department for Transport is launching a consultation today on proposals to reform the way in which airlines book slots at airports. - The Times