EasyJet Rejects £4.74bn Castlelake Bid as 'On the Cheap'
EasyJet has rejected a third takeover approach from US fund Castlelake worth 625p a share, calling it 'highly opportunistic' and an attempt to buy the airline 'on the cheap'.
Category : Acquisitions
DWP £16,000 Savings Warning to 8.4 Million Brits
The DWP warns 8.4 million Brits about the £16,000 savings limit for Universal Credit, with new powers to check bank accounts for fraud and errors.
Seven Groups Eligible for Council Tax Discounts of 25-100%
Households in Scotland may qualify for Council Tax discounts of 25-100% if they live alone, are students, carers, disabled, or on low income. Over 450,000 households already claim support.
Lloyds and Halifax close 11 branches this week
Lloyds Banking Group shuts 11 branches this week as part of 233 closures in 2026, with nearly 1,600 branches closed since 2015, according to Which?.
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Home Bargains cuts £115 Ren set to £20 in 82% off deal
Home Bargains offers the Ren Summertime Set, originally £114.99, for just £19.99 online — an 82% discount. The set includes anti-fatigue body oil, renewal mask, relief mist, and daily tonic.
Liverpool Warned on £112m Diomande; Klopp Defends Van Dijk
Liverpool have been cautioned not to overpay for RB Leipzig's Yan Diomande after a £87m bid was rejected, while Jurgen Klopp hits back at Virgil van Dijk critics.
Santander Aims for £433M AI Cost Cuts by 2028
Banco Santander plans to cut costs by over €500m (£433m) through AI, targeting €1bn in extra revenues and savings by 2028, with AI access for all 185,000 staff.
Starmer Resigns as Labour Leader, Burnham Poised to Take Over
Sir Keir Starmer resigned as Labour leader after losing support of his party, clearing the path for Andy Burnham to become prime minister following a weekend of intense political pressure.
Pound Drops as Starmer Resignation Speculation Mounts
The pound fell 0.3% against the US dollar as speculation grows that Sir Keir Starmer will step down, with the currency losing 3% since February amid Labour leadership challenges.
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Ocado Engages Potential Candidates for CEO Succession
Ocado Group confirms ongoing succession planning for CEO Tim Steiner, with Niklas Heuveldop of Vonage considered as potential successor. Company cut 5% of workforce earlier this year.
Eleven UK Travel Firms Collapse Amid Middle East Conflict
Eleven UK travel companies have entered liquidation since early 2026, causing flight cancellations, holiday axings, and staff redundancies, with the Middle East conflict cited as a key factor.
Oliver Tree's Body Returned to California After Crash
Oliver Tree's body has been returned to California after he died in a helicopter crash in Brazil on June 14, 2026, at age 32. A foundation for aspiring musicians will be set up in his honor.
Castlelake Reveals £4.74bn EasyJet Takeover Approach
US investment fund Castlelake has disclosed a £4.74 billion takeover proposal for easyJet at 625p per share, after the airline's board rejected three approaches. Castlelake is now taking the offer directly to shareholders ahead of a Takeover Panel deadlin
UK Construction Firm Collapses Owing £153k in Unpaid Wages
Charles Contract Services Ltd entered liquidation in June 2026 after failing to pay £153,240.67 to 177 workers. The Solihull-based firm had traded for 15 years.
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Husband's Secret £380k Pension: Legal Rights After 24 Years
A 52-year-old woman discovers her husband hid a £380,000 pension for 24 years. Legal expert explains why pre-marital assets are not automatically ring-fenced in long marriages.
Krispy Kreme Recalls Doughnut Over Hazelnut Allergy Risk
Krispy Kreme recalls its World Cup-inspired Pitch Perfect doughnut due to undeclared hazelnuts, posing a risk to those with nut allergies. Customers advised not to eat the product.
Arsenal Green Light for Rashford After Man Utd Clause
Arsenal can sign Marcus Rashford after Man Utd blocked Liverpool and Man City. The England star, valued at £40m, could leave after Barcelona ended interest. With 89 Premier League goals, he offers an immediate attacking solution.
World's Oldest Monastic Brewery Sold as German Beer Sales Decline
Weltenburg Abbey, the world's oldest monastic brewery, is sold to Schneider Weisse amid declining German beer sales, preserving a 1,000-year tradition.
Amazon MGM Paid $20M for Initial James Bond Stake, EON Reports
EON Productions reveals Amazon MGM paid $20M for initial James Bond stake, part of a larger joint venture deal for creative control of the franchise.
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Three Mega AI IPOs Could Reshape Stock Markets
SpaceX, OpenAI, and Anthropic are set for blockbuster IPOs worth billions, raising concerns about market concentration and a potential AI bubble burst.
Carrick's Dream Man United XI to Face Hull with £35m Star
Michael Carrick's dream Manchester United XI to face Hull City includes £35m midfielder Ederson and Felix Nmecha as an alternative to Mateus Fernandes, with Crysencio Summerville benched.
Muller urges Bayern to sign Manzambi amid Man Utd interest
Bayern Munich legend Thomas Muller has urged his former club to sign Freiburg midfielder Johan Manzambi, who scored twice for Switzerland at the World Cup and is valued at £43m, amid interest from Manchester United.
Spurs urged to pay £100m for Tonali in Rice-like masterstroke
Teddy Sheringham urges Tottenham to meet Newcastle's £100m valuation for Sandro Tonali, saying the midfielder could have a Declan Rice-like transformative effect after two 17th-place finishes.
Stock Markets Tumble as US Economy Fears and AI Bubble Concerns Mount
Stock markets fall sharply as US economic worries and AI bubble fears hit tech shares; Nasdaq set for worst week since March.
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Netflix Loses Warner Bros Discovery Bid as Paramount Wins While Sarandos Visited White House
Netflix lost the Warner Bros Discovery bid to Paramount while CEO Ted Sarandos was at the White House, in a deal valued at $31 per share.
Son Helped Russian Billionaire Father Hide Divorce Money, Judge Rules
London High Court rules Russian billionaire's son helped hide millions from divorce settlement; son ordered to pay mother £75m.
Pension expert: couples must talk more about retirement plans
Two-fifths of couples in their 50s say partner has not supported retirement security, Scottish Widows research finds. Women most affected. Expert urges more conversation.
Tuebrook Residents Decry 'HMO Capital' as Landlords Ignore Rules
Tuebrook locals say their area has become the 'HMO capital of Liverpool' due to 'exploitative landlords' converting family homes into box-room flats and party pads, leading to violence and anti-social behaviour.
Felix Nmecha Available for £52m After World Cup Heroics
Felix Nmecha is available for £52m after starring for Germany at the World Cup. Manchester United, Liverpool, Barcelona, and Real Madrid are interested in the midfielder.
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Brexit Boost: UK Economy Outpaces EU Peers
A new report reveals the UK economy has grown 5.3% since leaving the EU, outpacing France, Germany, and Italy, contradicting claims that Brexit harmed growth.
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