One of Britain's top corporate troubleshooters is being lined up to spearhead a multibillion pound rescue of Thames Water after the company's preferred bidder walked away.
Sir Christopher Evans, the renowned British biotech entrepreneur, is close to landing $50m (£37m) in funding for a developer of a new portfolio of cancer treatments.
The chancellor and foreign secretary are threatening to take Roman Abramovich to court to seize the proceeds of his Chelsea FC sale.