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UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery | Mergers and acquisitions

The UK culture secretary, Lisa Nandy, intends to ask Britain’s media and competition watchdogs to examine Paramount’s $110bn (£85bn) acquisition of Warner Bros Discovery.The...

UK living standards fall despite fastest growth in G7 – business live | Business

Key eventsTable: How UK topped G7 growth table in Q1The UK’s growth of 0.6% in January-March outpaces the rest of the G7, just!The US...

Andy Burnham vows to set up No 10 North as ‘nerve centre of rewired Britain’ | Andy Burnham

Andy Burnham will set up No 10 North as the “nerve centre of a rewired Britain” to oversee a devolution of power and resources...

Bank of England chief economist warns against ‘complacency’ in fight against inflation – business live | Business

Introduction: BoE chief economist warns against 'complacency' on inflationGood morning, and welcome to our rolling coverage of business, the financial markets and the world...

‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity | Public finance

One pound in every £11 of UK government spending on contractors went to private equity-controlled companies last year, research shows, including key services such...

Will Andy Burnham ‘go big’ in expanding the role of the state? | Nationalisation

As he swept towards victory in the Makerfield byelection, Andy Burnham told voters he wanted to see “the essentials of life being run primarily...

Thunderstorms disrupt Gatwick and Heathrow as hundreds of flights delayed or cancelled | Air transport

Thunderstorms have caused severe delays to hundreds of flights at Heathrow and Gatwick airports, leaving passengers stuck on grounded planes for hours in the...

Great Britain’s grid operator warns again over power supplies in heatwave | Energy industry

Great Britain’s energy system operator raised the alarm over electricity supplies for the second time this week as the heatwave continued to test Europe’s...

VW plans to cut up to 100,000 jobs and shut plants, report says | Volkswagen (VW)

Germany’s Volkswagen is to cut up to 100,000 jobs and reduce and eventually stop production at some plants, according to reports.The company has refused...

UK food and drink exports fall as US tariffs and Brexit trade friction bites – business live | Business

UK food and drink exports hit by US tariffs and Brexit trade frictionGood morning, and welcome to our rolling coverage of business, the financial...

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