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At Aquinore. UK. Good morning from the Financial Times. Today is Tuesday, April 9th, and this is your

F.T. news briefing. The UK is trying to throw money at the country's sewage problem and the security

packed between the US, UK, and Australia is opening the door to Japan.

Plus Taiwan's most important chip manufacturer

is expanding its operations in the US.

I'm Kasha Boussalian,

and here's the news you need to start your day. The environment agency for England and Wales announced today that it's

allocating 11 million pounds to local water projects.

The money comes from fines collected against five water companies,

including Thames Water.

The regulator is hoping the move will calm public anger over sewage pollution.

Water companies are facing their biggest protest

since the industry was privatized 35 years ago.

The EA recently said companies pumped raw sewage into British rivers and

seas at a record pace last year. Green campaign groups however say that the

money is way too little to make any meaningful difference to water quality across the UK.

Defence Ministers from the U.S. UK and Australia announced yesterday

that they're thinking about expanding their security partnership.

Aukus was signed back in 2021 as a pact between the three countries to respond to China's growing

military capabilities.

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