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Business

  • Nandy ‘minded to intervene’ in Paramount’s £85bn Warner Bros takeover

    June 30, 2026

    Culture secretary Lisa Nandy will ask the competition and media watchdogs to probe Paramount’s £85bn acquisition of Warner Bros Discovery to ensure the mega-deal doesn’t stifle the breadth of Britain’s media ecosystem. The Wigan MP said on Tuesday that she planned to authorise both the Competition and Markets Authority (CMA) and Ofcom to examine the [...]

  • City launches new Digital ID framework against AI fraud

    June 30, 2026

    The City of London Corporation has unveiled plans for a new digital identity framework it claims could unlock more than £5bn for the UK economy, as policymakers and the financial sector race to tackle increasingly sophisticated AI-enabled fraud. A blueprint published on Tuesday proposes a “Digital Verification Orchestrator”, or DVO – a system set to [...]

  • Everton renew Stake partnership just months after Gambling Commission warning

    June 30, 2026

    Everton could face fresh scrutiny from the Gambling Commission after extending their partnership with bookmaker Stake.com, which is not licensed to operate in the UK. The controversial brand has been the club’s main sponsor for the last four seasons but has now switched to being their sleeve partner ahead of the Premier League’s incoming ban [...]

  • Starmer stumps up half the amount demanded by defence chiefs

    June 30, 2026

    Sir Keir Starmer has coughed up just half of the amount of funding military officials requested in the long-awaited Defence Investment Plan.  During a speech led by defence secretary Dan Jarvis, Chancellor Rachel Reeves and the outgoing Prime Minister, ministers said they made the “right choices” and defended plans to back investment on drones and [...]

  • Lloyds accused of debanking left-wing media outlet The Canary

    June 30, 2026

    Lloyds Banking Group has been accused of debanking the left-wing news website The Canary in a move that has left the media outlet with “barely any funds”. The bank was slammed by the media firm on Tuesday for allegedly “withholding a substantial amount of our money” and debanking them after nearly a decade of use. [...]

  • Footasylum calls in the robots with THG Fulfil warehouse deal

    June 30, 2026

    Trainers will be shuttled across Footasylum warehouses by automated robots after the sports and streetwear firm struck a deal with logistics company THG Fulfil. THG Fulfil, a division of Manchester-based THG Ingenuity, has signed a deal with Footasylum to revamp its warehouse facilities with robots and automated operation platforms in a so-called Autostore system. The [...]

  • Exeter Chiefs deal done as Bournemouth owners complete ‘£45m’ takeover

    June 30, 2026

    AFC Bournemouth owner Bill Foley’s Cannae Holdings have completed the purchase of Prem Rugby club Exeter Chiefs for a reported £45m. The American – who controls the Premier League club as part of a Black Knight consortium that includes Michael B Jordan – will become the majority owner of the Devonshire rugby union team, and [...]

  • Rolls-Royce and BAE shares fired up on Starmer defence investment plan

    June 30, 2026

    London-listed defence stocks including Rolls-Royce and BAE Systems shot higher on Tuesday as investors backed the main beneficiaries of Keir Starmer’s £15bn expansion in military spending. The outgoing prime minister unveiled the government’s long-awaited Defence Investment Plan in a speech in Berkshire. He appeared alongside the Chancellor Rachel Reeves and Defence Secretary Dan Jarvis. The [...]

  • EY grad sacked down under for allegedly accessing PM’s bank account

    June 30, 2026

    A junior employee at Big Four accounting giant EY Australia has been sacked over allegations he and another man accessed prime minister Anthony Albanese’s personal bank account. Both men faced court on Tuesday over the breach which, according to the Australian federal police, took place when the EY graduate was on secondment at the Commonwealth [...]

  • ‘Ultrasound cakes’ help fuel sales surge at London-listed Cake Box

    June 30, 2026

    A surge in demand for ‘ultrasound cake’ has helped drive record sales at one of the UK’s biggest bakeries. Cake Box, which operates hundreds of stores across the UK, posted a 9.3 per cent rise in organic turnover to £45.9m for the year to end March as the firm set its sights on opening dozens [...]

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