Crest Nicholson Swings to Loss Amid Challenging Housing Market
Crest Nicholson reported a pre-tax loss of £35.2 million for H1 2025, down from a £9.4 million profit a year earlier, and cut its profit outlook due to market uncertainty.
Category : Acquisitions
Verstappen Confirms McLaren Collaboration with Junior Driver
Max Verstappen will collaborate with McLaren to support 15-year-old Dries van Langendonck, a Belgian karting champion currently leading British F4, aiming to guide him to Formula 1.
Arsenal Can Sign John Stones for Free to Replace Injured Saliba
Arsenal may need a replacement for William Saliba, who faces up to five months out. John Stones, a free agent after leaving Manchester City, is the ideal candidate.
230 Homes Proposed for Three Sites in Sefton
Sefton Council and Sovini Group plan 230 homes on three sites in Ainsdale, Formby, and Bootle as part of Sefton 2030 initiative to build 1,000 affordable homes by 2030.
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Waddle: Let Guimaraes Join Arsenal If He Wants to Leave Newcastle
Former Newcastle winger Chris Waddle says the club should not block Bruno Guimaraes' potential move to Arsenal if the captain has requested a transfer, urging the Magpies to cash in and find a replacement.
Swansea Council Approves Stadium Sale to Swansea City FC
Swansea Council has agreed to sell the Swansea.com Stadium to Swansea City FC for more than fair open-market value, council leader Rob Stewart confirmed. The sale, approved unanimously by cabinet, is subject to a heads of terms agreement.
England and France Stars Set for Big Transfers After World Cup
England and France players are heading home after the 2026 World Cup, with many poised for major club transfers. From James Trafford to Aurélien Tchouaméni, here are 12 players who could move this summer.
Canna Deli Replaces Ffloc Cafe in Cardiff Canton
Canna Deli will open a second location on Cowbridge Road East in Cardiff, replacing Ffloc cafe after its lease ended. Ffloc shifts to online coffee sales.
Ex-Champions League Club Boavista Shuts Down Over £150m Debt
Former Portuguese champions Boavista have closed down and been kicked out of their stadium after failing to clear debts exceeding £150 million, ending a century-old club's history.
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British Steel Nationalised by UK Government
The UK Government has brought British Steel into public ownership to secure steel production, protect jobs, and safeguard supply chains following the Steel Industry (Nationalisation) Act 2026 receiving royal assent.
Cardiff Parking Levy Could Raise £10m a Year for Transport
Cardiff Council's proposed workplace parking levy could generate £10m a year for public transport, with potential to 'revolutionise' city travel. Details emerge amid scrutiny committee concerns.
Man Utd Transfer: Gomes Agrees Deal, Rashford Blow
Joao Gomes leaves Wolves training for Aston Villa medical after £38m deal agreed. Man Utd miss out as Marcus Rashford's Barcelona hopes fade further.
Newcastle confirm Joe White permanent transfer to Crewe
Newcastle United have confirmed Joe White's permanent transfer to League Two side Crewe Alexandra, ending his 10-year association with the club. The 23-year-old midfielder signed a two-year deal.
Energy Boss Calls for Timely Consent on Rosebank and Jackdaw
A public consultation on the Rosebank oil field is underway. Adura CEO Neil McCulloch urges timely approval for Rosebank and Jackdaw, citing £10.8bn investment and 3,500 jobs.
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British Steel Nationalised: Government Takes Public Ownership
The UK Government has brought British Steel under public ownership following the Steel Industry (Nationalisation) Act 2026 receiving royal assent, aiming to secure steel production at the Scunthorpe site and protect supply chains.
UK Car Dealer Drive City Cars Enters Liquidation After Seven Years
Drive City Cars, a Manchester-based independent used car dealership open since 2019, has gone into voluntary liquidation, marking another blow to the UK motoring industry.
90 Affordable Homes Approved for Former County Durham Estate
Plans to build 90 affordable homes on a former housing estate in Brandon, County Durham, have been approved, replacing 121 demolished properties with houses and bungalows.
Rotork Agrees to £4.1bn Swiss Takeover by ABB
Rotork, a Bath-based engineering firm, has agreed to a £4.1bn takeover by Swiss company ABB at 506p per share, becoming the latest UK firm acquired by a foreign rival amid a wave of takeovers.
Ocado Engages New Partners After Warehouse Closures
Ocado is in talks with potential new partners in the US and other regions after Kroger and Sobeys announced closures of robotic warehouses, boosting revenues with one-off fees.
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Rangers agree £4.6m fee for Partizan's Vanja Dragojevic
Rangers have agreed a £4.6 million fee with Partizan Belgrade for midfielder Vanja Dragojevic, with a 10% sell-on clause. The 20-year-old is expected to join Derek McInnes' squad.
UK Affordable Housing Builder Enters Administration
Agile Property and Homes, an Oxfordshire-based affordable housing builder founded in 2019, has entered administration with Moorfields appointed on July 6, citing net liabilities of £1.8m.
UK Economy Grows 0.1% in May Amid Iran War Pressures
The UK economy grew 0.1% in May, recovering from April's contraction, but growth remains fragile due to Iran war-related supply chain issues and rising energy costs.
Netflix Users May Face New TV Licence Fee Under Labour Plan
Labour Culture Secretary Lisa Nandy proposes extending the TV licence to streaming service users, with an additional charge on subscriptions like Netflix and Disney+ to fund the BBC.
UK Nationalises British Steel to Protect Industry
The UK government has brought British Steel under public ownership via the Steel Industry (Nationalisation) Act 2026, aiming to secure steel production, protect jobs, and strengthen national supply chains.
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British Steel nationalised to protect jobs and supply chains
British Steel has been brought under public ownership to safeguard steel production at Scunthorpe, protect thousands of jobs, and secure UK supply chains, the government announced.
Shankland defends Devlin amid Rangers transfer criticism
Lawrence Shankland hits back at critics of Cammy Devlin's Rangers move, insisting the midfielder improves teammates and is underrated after joining from Hearts.
UK Economy Ekes Out 0.1% Growth in May Amid Iran War
The UK economy grew 0.1% in May after a 0.1% contraction in April, driven by services but held back by production and construction falls amid Iran war pressures.
Labour Nationalises British Steel Amid £700k Daily Losses
The Government has brought British Steel into public ownership under the Steel Industry (Nationalisation) Act 2026, securing the future of UK steelmaking and protecting 2,700 jobs.
British Steel Nationalised: Government Takes Control
The UK Government has brought British Steel under public ownership via the Steel Industry (Nationalisation) Act 2026, protecting steel production in Scunthorpe and safeguarding jobs and supply chains.
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Man Utd Eye Manu Kone as Next Midfield Signing
Manchester United have signed Youri Tielemans and Andrey Santos but now need to pursue World Cup star Manu Kone, who could be available for £45m after France's exit.
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