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(Sharecast News) - Thames Water customers are set to get less bang for their buck if a consortium of creditors wins approval for its rescue plan. The development was revealed in the outline of a business plan - without some key spending details - published on Wednesday by the investors who hold much of the company's debts. The consortium is called London & Valley Water. - Guardian
Model aeroplane enthusiasts have gone to war with Amazon over the company's plans to launch Britain's first drone delivery service. Amazon has been warned by a local flying club in Darlington, County Durham - where it is planning drone deliveries later this year - that the tech giant faces a campaign of disruption from the group. They fear Amazon's deliveries will disrupt local hobbyists. - Telegraph
John Lewis has hired a former Tesco executive as managing director of Waitrose. The appointment comes as the group's new chairman seeks to press ahead with a turnaround. Tom Denyard, who worked at Tesco for almost a decade, will lead Waitrose from next January. - Telegraph
A US federal judge has ordered a major makeover of Google's search engine in a crackdown aimed at addressing the damaging effects of monopolistic practices. In an effort to curb Google's influence, Washington DC Judge Amit Mehta has introduced new limitations on how the company directs traffic to its search engine. - Sky News
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