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Sky owner strikes £1.6bn ITV deal; easyJet shares hit four-year high after it agrees £5.5bn takeover ‘in principle’ – business live
Rolling coverage of the latest economic and financial newsEuropean stock markets are relatively quiet this morning: the UK’s blue chip FTSE 100 is an outlier, up by about 0.3%. But the Stoxx Europe 600, which tracks the biggest companies across the continent, is up by just 0.02%.Oil prices are down this morning. Brent crude, the…
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Young royals George, Charlotte and Louis embrace mother Kate as she completes her Three Peaks Challenge in heartwarming new photos – as Princess of Wales’ brother shares emotional post about their ‘hospital promise’
Catherine, 44, looked the part in a heartwarming post uploaded to Instagram as she was seen sporting a pair of red shorts and a baseball cap, surrounded by those closest to her.
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Brazil’s World Cup exit raises a question: are they more a brand than a team?
A decidedly unremarkable Brazilian team had looked tentative at this tournament. A sixth World Cup title looks a long way offBrazil were 1-0 down. At first, a few yellow jerseys wandered up the aisles and out to the concourse, writing off the small fortunes they had invested in being here, never mind the chances of…
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Big brewers ‘misleading drinkers’ over craft beer credentials, says Camra
Campaign group calls on watchdog to investigate sector amid claims of anti-competitive practices elbowing out independentsBusiness live – latest updatesBig brewers are misleading drinkers about their products’ “craft” credentials and geographical origin, the ale enthusiasts’ club Camra has claimed, as it called on the consumer watchdog to investigate the beer market.Camra asked the Competition &…
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Revealed: landmark Scottish AI project has no prospect of meeting renewables promise
Exclusive: Government and developers privately acknowledged Lanarkshire datacentre site had power provision ‘issue’‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentreWhat are Britain’s AI growth zones and are the plans feasible or ‘complete bunk’?A landmark AI development billed as delivering jobs and prosperity has misrepresented its plans to channel…
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Sky To Takeover ITV In $2.1B Deal That Dramatically Reshapes British Television
Sky has finally sealed a £1.6 billion ($2.1 billion) deal to acquire ITV’s television network operations. ITV confirmed to shareholders on Monday morning that it will sell to its pay-TV rival, meaning a crown jewel of British broadcasting becomes part of the NBCUniversal entertainment empire. As the Paramount-Warner Bros. Discovery merger inches towards completion, Sky’s…
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This humanoid robotics company is going public, but its CEO isn’t promising a robot in your home anytime soon
While other humanoid startups chase sky-high valuations, Agility Robotics is betting its future on execution — and a SPAC.
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A Place in the Sun review – subversive exposé of picture-postcard luxury in the Canary Islands
Documentary intersperses pastel scenes of spotless tourist resorts with candid interviews with the asylum seekers who labour to keep them pristineEvery year, millions of tourists flock to the Canary Islands, a Spanish archipelago in the Atlantic Ocean where the sun always shines. Through static shots resembling picture postcards, Mette Carla Albrechtsen’s pastel-hued documentary captures the…
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Half of affordable new homes in rural England could be at risk if planning rules relaxed, analysis shows
Exclusive: National Housing Federation says ending quotas for developers could cost 32,000 homes over 10 yearsHalf of all affordable housing supply in rural England could be under threat under plans being considered by ministers to relax regulations for private housing developers, according to analysis.The government has proposed ending affordable housing quotas – known as section…
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John Lewis dishwasher leak forced buyers into hotels for eight months
My elderly parents’ home was left uninhabitable, and they are owed £3,300 for repairs they had to fund themselvesMy elderly parents spent much of last year dealing with what should have been a straightforward insurance claim after a dishwasher installation by John Lewis caused a leak. Instead, it became a year-long ordeal, marked by repeated…