TG Jones to close 150 stores after rescue deal
TG Jones, formerly WHSmith, saved by a takeover deal that could see 150 stores close. British Land drops opposition after concessions, with a £35m investment pledged and 5,000 jobs at risk if rejected.
Category : Acquisitions
Simworx Rescued in Pre-Pack Administration Deal
Simworx, a UK theme park ride manufacturer, enters administration but is rescued via pre-pack sale. All 28 jobs saved, buyer linked to Intamin, one of the world's largest roller coaster makers.
SpaceX Sets IPO Price at $135, Musk Becomes World's First Trillionaire
SpaceX IPO raises $75bn, valuation hits $2.1tn; Elon Musk becomes first trillionaire amid political backlash over inequality.
Newcastle's £265m Dream Midfield for Bruno Guimaraes After Tonali Exit
Newcastle United are set to replace Sandro Tonali with Lamine Camara and Aleksandar Stankovic, creating a £265m midfield unit that would allow Bruno Guimaraes to play further forward.
Durham Women FC Saved by South Shields Chairman Thompson
Durham Women FC has been rescued from the brink of extinction after South Shields chairman Geoff Thompson acquired a majority stake, securing the club's future for the 2026/27 season and beyond.
Cadbury Fans Rush to Buy Rare New PB&J Chocolate Flavour
Chocolate lovers are scrambling to find Cadbury's new PB&J Dairy Milk bar, a rare import blending peanut butter, raspberry jelly, and creamy milk chocolate.
Swansea City Battling Blackburn and Chelsea for Winger
Swansea City face competition from Blackburn Rovers and Chelsea for a winger, with the player's future uncertain amid interest from multiple clubs.
Newcastle United Confirm Knox Hydrate Shirt Sponsor Deal
Newcastle United have announced a three-year front-of-shirt sponsorship deal with Knox Hydrate, expanding their partnership following the training ground naming rights agreement.
Sturgeon Must Apologise for SNP Scandal, Says Hutcheon
Political Editor Paul Hutcheon says Nicola Sturgeon should apologise for her husband Peter Murrell's £400,000 embezzlement from the SNP, citing her failure to ensure financial controls.
Liverpool Transfer Roundup: Diomande, Iraola, Jones Rejection
Liverpool's transfer activity intensifies with Andoni Iraola's first signing Victor Munoz, a £86m bid for Yan Diomande, and rejected Inter Milan offer for Curtis Jones.
Newport County near takeover by ex-soldier Nick Beddis
Newport County is set to be taken over by Welsh entrepreneur Nick Beddis, who is buying out Huw Jenkins' 52% stake, with the deal awaiting regulatory approval.
Ballard acquires UK clean energy firm GeoPura for £301m
Canadian hydrogen fuel cell leader Ballard Power Systems has acquired Tyneside-based GeoPura for £301.1m, marking a major investment in UK clean energy and manufacturing.
Swansea drug dealer jailed after police seize his phone
Brandon Silk, 24, was jailed for 41 months after police found a Telegram account advertising cocaine and cannabis. He was on licence for breaching a suspended sentence.
Spirit Airlines warns of potential shutdown amid weak travel demand
Spirit Airlines warns it may shut down within a year due to weak demand and operational challenges, just months after emerging from bankruptcy.
Chelsea Target Crystal Palace Defender Maxence Lacroix
Chelsea have made Crystal Palace centre-back Maxence Lacroix a key summer target as they prioritise defensive reinforcements, with the France international seen as a major upgrade.
Travis Kelce becomes minority owner of Cleveland Guardians
Travis Kelce becomes minority owner of Cleveland Guardians, fulfilling a childhood dream for the Cleveland native and three-time Super Bowl champion.
BlackRock's Minnesota Utility Bid Faces Opposition Over Rate Hikes and Climate Goals
BlackRock's $6.2bn bid for Minnesota Power faces opposition over potential rate hikes and clean energy concerns, with critics warning of private equity's profit-driven agenda.
Trump's $14m Reflecting Pool Renovation Plagued by Problems
Trump's rushed $14m renovation of the Lincoln Memorial reflecting pool faces algae, peeling paint, and a ballooning price tag. He blames vandals for a 300ft gash, but no evidence found.
Alan Greenspan, Fed Chairman Who Shaped US Economy, Dies at 100
Alan Greenspan, the long-serving Federal Reserve chairman praised for the 1990s boom but criticized after the 2008 crash, has died at 100. He served under four presidents and was a key figure in US economic history.
EasyJet Bidder Castlelake's Offer Falls Short, Market Sceptical
Castlelake's £4.7bn bid for easyJet at 625p per share is seen as insufficient, with market price at 518p and assets worth £5bn, indicating low shareholder support.
Burnham Supporters Divided Over Chancellor Pick: Miliband vs Streeting
Andy Burnham's allies are split between Ed Miliband and Wes Streeting for chancellor, with the choice signaling how radical his government would be.
Arsenal Target Villa's Morgan Rogers as No 1 Summer Transfer
Arsenal have identified Aston Villa forward Morgan Rogers as their primary summer transfer target, with a potential fee of up to £100m. Talks are expected soon.
US Opposes Auction of 100+ Titanic Artifacts
The US government opposes RMS Titanic Inc's plan to auction over 100 artifacts, citing violations of previous agreements to only display items at museums and exhibitions.
StubHub UK Fined £889,200 Over Hidden Ticket Fees
StubHub UK fined almost £900,000 and ordered to refund over £590,000 to 51,350 customers for hidden fees, an illegal drip pricing practice. CMA warns businesses on cost transparency.
Fernandes prefers Tottenham after Man Utd terms agreed
Mateus Fernandes reportedly wants to join Tottenham despite agreeing personal terms with Manchester United, with Spurs willing to pay £80m for the West Ham midfielder.
Cardiff City poach Swansea City recruitment figure in key role
Cardiff City have appointed former Swansea City recruitment lead Dominic Newton as senior technical scout, a coup that bolsters their data-driven transfer strategy under Brian Barry-Murphy.
Lloyds Confirms 95 UK Bank Closures Until March 2027
Lloyds Banking Group has confirmed 95 branch closures across Lloyds, Halifax, and Bank of Scotland by March 2027, reducing its network to 610 branches.
Royal Mail CEO Pay Triples to £6.9m Despite Profit Drop
Martin Seidenberg's pay more than tripled to £6.9 million as IDS profits slumped, boosted by a takeover. Royal Mail profits halved amid rising costs and regulatory fines.
Supermarket Fish Fingers Taste Test: M&S Beats Birds Eye
Emily Malia tested supermarket fish fingers against Birds Eye. M&S scored 5/5, beating Birds Eye's 4/5. Asda got 3/5, Sainsbury's 2/5, Tesco 4/5. Price ranged from 80p to £2.50.
Filtronic Rockets Ahead with SpaceX Partnership Driving Growth
Filtronic expects revenue of at least £55.5m for FY2026, boosted by a multi-year $62.5m SpaceX contract and a strong order book covering 90% of future revenue.
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