EasyJet agrees £5.7bn takeover from US private equity firm
EasyJet has formally agreed to a £5.7bn takeover from US private equity firm Apollo Global Management.
Policy & regulation
Diageo to double Guinness production and shed jobs in turnaround plan
Diageo’s new chief executive has unveiled plans to double Guinness production while hacking back a “significant” proportion of its 30,000-strong workforce, in a strategic overhaul worthy of his nickname, “Drastic Dave” …
Trains stop across north-west England after power cut hits signalling centre
Trains across parts of north-west England have ground to a halt after a power failure hit the signalling centre controlling the railway in the region.
Green notice 2026/02
Following the publication of Green Notice 2026/01 and the associated consultation on the proposal to discontinue the collection and publication of Form BN data, we are issuing this follow up notice to provide an update …
Paramount concessions lead UK to approve takeover of Warner Bros
The UK culture secretary, Lisa Nandy, has said she will not intervene in Paramount’s proposed acquisition of Warner Bros Discovery, removing one of the remaining obstacles to the blockbuster deal.
Raleigh bike brand faces chop after owner begins insolvency proceedings
The bicycle company that owns the historic Raleigh brand has started insolvency proceedings after failing to find a buyer.
Making compliance simpler: opening up the FCA Handbook through our new API
Firms tell us that complying with our requirements can be a burden. They have to keep up with changes, understand what we expect and embed new practices across multiple systems and teams. All of this takes time and reso…
Positive Persimmon looks to tap into ‘Burnham bounce’ on housebuilding
The UK housebuilder Persimmon has lifted its outlook for the full year, saying it is “well-placed” to benefit from the prime minister Andy Burnham’s policy agenda, despite growing costs linked to the Iran war.
Council wants pubs in London’s Soho and West End to ban standing
Sadiq Khan criticises Westminster council’s ‘anti-growth policies’ after it recommends stopping ‘vertical drinking’
‘I’m not spying’: how Meta’s smartglasses have divided opinion
With more than 7m pairs reportedly sold in 2025, Meta’s Ray-Ban smartglasses are fast becoming one of the world’s most popular gadgets.
Healey urged to be bold on borrowing in first test of Burnham’s growth pledge
Some want the chancellor to exploit newly flexible fiscal rules – others want a more creative approach, such as borrowing from markets
What's causing record high US beef prices?
With US beef prices soaring to record highs, you might think that South Dakota cattle rancher Eric Gropper would be celebrating.
Big shake-up in Google’s AI team as DeepMind chief executive steps down
Two senior engineers are leaving company to launch startup amid fears Google is falling behind in AI race
Judge casts doubt on future of WH Smith replacement TG Jones
Mr Justice Hildyard, who approved rescue plan in July, said turnaround plan came with ‘very considerable’ risks
SEC Establishes Financial Reporting and Accounting Unit in Enforcement Division
ICLG - Anti Money Laundering covers issues including criminal enforcement, regulatory and administrative enforcement and requirements for financial institutions and other designated businesses – in 16 jurisdictions.
AI models shock UK testers by using stolen identities to trick developers
AI Security Institute says models by Open AI and Anthropic went rogue during a cybersecurity test and showed a new type of risk
Sweltering summer lifts Next sales as profit outlook upgraded again
Next has raised hopes that UK shoppers are still willing to spend despite pressures on household budgets, after the hot summer boosted its clothing sales.
Artificial Intelligence Consortium minutes – June 2026
Co-chair David Geale welcomed attendees to the AI Consortium’s (AIC) fourth quarterly meeting, held at the FCA’s offices. Co-chair Sarah Breeden noted that the rapid pace of AI development in financial services undersco…
Darth Vader to become a TikTok star as Disney strikes deal on short video
Characters and memorable scenes from back catalogue made available to group of creator fans
Gulf oil exports steady in July despite fighting, still below pre-war levels
The International Monetary Fund released its July 2026 World Economic Outlook Update on Tuesday — and within 24 hours, the single most important assumption the entire report rests on had begun to collapse. The fund's pr…
US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs
More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal
Houthis say they struck Saudi ship in Red Sea, denting Mideast peace hopes
US President Donald Trump said on Wednesday, July 8, an interim agreement to end the war with Iran was “over” after Tehran carried out new attacks on US bases in the Gulf.
‘Leicester Square, please guv’: Self-driving taxis cleared for London streets ‘later this summer’
The taxi app company Uber and the autonomous technology developer Wayve have been granted the first minicab licences in London, allowing them to offer self-driving taxi rides to paying customers – but with a human safet…
Mideast deal hopes; SpaceX, AMD earnings in focus - what’s moving markets
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…