PLUS: a number of British companies were hit by a cyber attack and the UK services sector continued to surge forward
PLUS: airlines are enjoying a post-pandemic travel surge, the UK’s largest privately-held building merchants is potentially going up for sale and OPEC+ looks set to extend oil production cuts into 2024
PLUS: there’s a potential £1bn deal for the UK’s largest independent TV producer and mortgage lending fell off a cliff in April amid rising interest rates.
PLUS: Ladbrokes' owner Entain is in trouble with HMRC, Monzo reported a jump in income for 2022 and a slump in Chinese factory activity has markets worried.
PLUS: another FTSE 250 firm was swooped on by US private equity and markets reacted to Rolls Royce and BAE System’s Indian criminal investigation.
PLUS: British Airways had a nightmare start to the bank holiday and Jeremy Hunt vowed to support Andrew bailey in his “difficult decisions”
PLUS: Pets At Home delivered record revenues as pet owners continued to splash, UK retail sales fell back in May and Chanel committed to London.
PLUS: Marks & Spencer surged after a positive market update, B&Q owner Kingfisher bemoaned the terrible British weather and sightseeing tour operator Big Bus Tours gets set for a potential £600m sale.
PLUS: Builder.ai scored a $260m Series D funding round from QIA, food inflation in the UK stayed stubbornly high during May and French Billionaire Patrick Drahi upped his stake in BT to 24%.
PLUS: UK house prices continued to rebound, Natwest bought back £1.3bn in shares from the UK government and EQT veterinary target Dechra sunk 13% after announcing a profit warning.
PLUS: A megamerger between law firms Allen & Overy and Shearman & Sterling is on the cards, Nationwide announced plans to distribute £340m to customers and the UK’s £1bn commitment to the semiconductor industry drew criticism.
PLUS: Aston Martin shares jumped following a strategic investment from China’s Geely and Burberry found themselves at the bottom of the FTSE 100 despite better-than-expected sales for Q4.
