News

Easyjet agrees £5.7bn takeover by private equity giant Apollo

Today

Easyjet is set to be taken over by private equity giant Apollo after its main rival pulled out of a long-running bidding war for the budget airline.

Diageo shares jump as 'Drastic Dave' unveils £740m cost-cutting drive

Today

Dave Lewis, the former Tesco chief executive known as 'drastic Dave', will provide some clarity on his strategy, after reports that staff have been told of plans for considerable cuts.

EVs account for more than one in four new car sales as soaring fuel prices and Government grants trigger surge in demand

Today

A total of 43,106 fully electric vehicles were registered in July, a 44.5% increase on a year earlier. This saw EVs represent 27.5% of all new cars delivered to customers.

WPP shares hit highest level in nearly a year as sales slowdown eases

Today

The troubled FTSE 250 advertising giant hailed a less dramatic fall in sales the second quarter, as it pointed to new client wins. WPP has cut thousands of jobs over the past year.

Wizz Air swings to a quarterly loss on higher fuel costs and warns of 'challenges' ahead

Today

Wizz Air swung to a loss in the first quarter and warned of further 'challenges' as soaring fuel costs continue to hammer the low-cost airline.

Interactive Investor is paying up to £3,000 cashback when you open a Sipp this August

Today

Interactive Investor has increased the total maximum cashback it will pay to new customers opening a Sipp this summer. Here's how to sign up.

Sales of London new build homes drop sharply: From first-time buyers to investors, why is nobody buying?

Today

Buyers have disappeared from the market whether they be home movers, landlords, overseas buyers or built to rent companies.

Time Out to open its first London food market in Piccadilly Circus

Today

Time Out will open a market in Piccadilly Circus for the first time in its home city, in what it said will be a global flagship for its food hall portfolio.

ALEX BRUMMER: Britain's creative crown jewels are under mortal threat from US mega-mergers

Today

For a century or more, an independent broadcast media has been vital to modern democracy. But now, amid the destabilising rise of streaming giants such as Netflix, that noble ideal is under threat.

Quarter of parents who help children with university costs will give £50,000-plus

Today

One in ten parents said they would borrow money to help their child, while other said they would rely on support from wider family members.

Use AI to solve Britain's £5.5billion pothole crisis, says Citroen

Today

The manufacturer says AI should be deployed nationwide to monitor and report road defects, while utility companies should face tougher oversight to ensure roads are properly reinstated after works.

I paid £77 for first class upgrade on Avanti train but was denied a hot breakfast due to lack of staff: CRANE ON THE CASE

Today

I asked for hot food and drink on the train from Edinburgh to Birmingham, but was told there was not enough staff and given a can of coke and a packet of shortbread instead.

First-time buyers eye cheaper tracker mortgages as fixed rates rise

Today

Almost a third of first-time buyers are now considering using a tracker or variable rate mortgage to lower their monthly costs, according to Moneyfacts.

The exact salary your partner needs to earn for you to be a stay-at-home parent

Today

It's a question that crosses many parents' minds as they consider missing out on their little ones' milestones while sat in an office.

AstraZeneca shares rise as fresh reports deny mega-merger talks with US rival

Yesterday

Astra's stock climbed 2.5% or 296p to 12,036p after Reuters quoted a senior source at the business quashing rumours of any potential tie-up.

Private equity circles industrial coatings business Bodycote with a double takeover swoop

Yesterday

Bodycote has been valued at around £1.6bn by both CVC and Veritas, with the board 'minded to recommend' each should they result in a firm offer.

Trading conditions are 'really tough', John Lewis tells staff as it pushes on with turnaround plan

Yesterday

Boss Jason Tarry, pictured, told the company's internal magazine that the challenges will translate 'into lower sales and higher costs'.

Labour's toxic profit warnings: Hitting big business with higher taxes will hurt UK PLC, warns ALEX BRUMMER

Yesterday

Andy Burnham's first weeks as Prime Minister have collided with second quarter results from the big banks and oil companies.

Musk's $16bn bet on AI spooks SpaceX investors sending shares tumbling 14%

Yesterday

The slump came despite better-than-expected results from Elon Musk's rocket firm, which saw revenue for the three months to June soar 92% to $7.8bn.

Boss of Paddy Power-owner Flutter quits after eight years at the helm

Yesterday

Peter Jackson will step down in October and be replaced by Dan Taylor, the head of its international business, the Betfair owner said.

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