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Mike Ashley’s Frasers makes €1.98bn takeover bid for Hugo Boss
UK NewsBusiness

Mike Ashley’s Frasers makes €1.98bn takeover bid for Hugo Boss

Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full controlMike Ashley’s retail group, Frasers, has launched a near-€2bn takeover offer for the German luxury f...

The Guardian - UK News5 months ago
UK minister defends changes to student loans as criticism mounts
UK NewsPoliticsBusiness

UK minister defends changes to student loans as criticism mounts

Lucy Rigby tells MPs heavily subsidised system gives the government the right to alter terms of existing agreementsMinisters have rejected accusations that recent changes to student loans are unfair,...

The Guardian - UK News5 months ago
US inflation hits 4.2% in May as Trump’s Middle East conflict drives up prices - as it happened
UK NewsBusiness

US inflation hits 4.2% in May as Trump’s Middle East conflict drives up prices - as it happened

US inflation hits a three-year high in MayEuropean stock markets are taking a more decisive turn downwards now – the UK’s FTSE 100 has fallen 0.5%. The German Dax is down 0.6% and the French Cac 40 is...

The Guardian - UK News5 months ago
WH Smith raises £100m as it warns on profits due to Iran war
UK NewsBusiness

WH Smith raises £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as falling US airport traffic due to Middle East conflict hits trading Business live – latest updatesWH Smith has issued a profit warning after shopper numbe...

The Guardian - UK News5 months ago
Weight-loss drug users save more than £400 a year on food as take-up triples
UK NewsBusinessTechnology

Weight-loss drug users save more than £400 a year on food as take-up triples

Research suggests households that include a GLP-1 user collectively spent £780m less on grocery billsBusiness live – latest updatesWeight-loss drugs are saving users’ households more than £400 a year...

The Guardian - UK News5 months ago
UK poised to ease steel tariffs as manufacturers warn of costs
UK NewsBusiness

UK poised to ease steel tariffs as manufacturers warn of costs

Exemptions being considered after March announcement of measures to support domestic steel productionMinisters are expected to drop some planned tariffs on foreign steel after UK manufacturers said th...

The Guardian - UK News5 months ago
China’s BYD aims to be world’s biggest car firm within five years
UK NewsBusiness

China’s BYD aims to be world’s biggest car firm within five years

EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in EuropeBusiness live – latest updatesThe Chinese car company BYD has said it aims to be the world’s...

The Guardian - UK News5 months ago
Pub chain Fuller’s hopes for bumper summer of World Cup and staycations
UK NewsBusinessSports

Pub chain Fuller’s hopes for bumper summer of World Cup and staycations

Company says it has strong bookings for England matches and has spruced up gardens for domestic holidaymakersBusiness live – latest updatesThe boss of the pub and hotel chain Fuller’s has said that th...

The Guardian - UK News5 months ago
Nike charges World Cup fans the most for replica shirts after price surge
UK NewsBusinessSports

Nike charges World Cup fans the most for replica shirts after price surge

England supporters face paying inflation-busting £95 for an adult shirt as the tournament begins in the USFans of World Cup teams kitted out by Nike face the highest costs if they want to buy a repli...

The Guardian - UK News5 months ago
More than half of clean energy schemes needed for Labour’s 2030 target offered grid connection
UK NewsBusiness

More than half of clean energy schemes needed for Labour’s 2030 target offered grid connection

The 700 projects include wind and solar farms, battery storage, gas and hydro plansMore than half the renewable energy projects needed to meet the government’s clean power targets by 2030 are now able...

The Guardian - UK News5 months ago
Households could save £200 on energy bills in plan to break link between gas and electricity prices, says thinktank
UK NewsBusiness

Households could save £200 on energy bills in plan to break link between gas and electricity prices, says thinktank

Government plan to de-link gas and electricity prices aims to reduce bills for consumers after global surge in pricesHouseholds in England, Scotland and Wales could save nearly £200 a year on their en...

The Guardian - UK News5 months ago
Crackdown on tech platforms will go ahead despite US intervention, says No 10
UK NewsPoliticsBusiness

Crackdown on tech platforms will go ahead despite US intervention, says No 10

US embassy came out against UK’s proposed under-16 social media ban, which would affect American firmsWhite House displeasure over the prospect of an under-16 social media ban will not deter the UK fr...

The Guardian - UK News5 months ago
UK’s biggest retailers urge government to act on youth unemployment
UK NewsBusiness

UK’s biggest retailers urge government to act on youth unemployment

Bosses of M&S, Sainsbury’s and Tesco among those writing to Starmer that the ‘ladder of opportunity’ is wobblingWe would like to hear from young people in the UK about their job-hunting experiencesSom...

The Guardian - UK News5 months ago
Former Burberry boss leads rescue mission for Burleigh Pottery
UK NewsBusiness

Former Burberry boss leads rescue mission for Burleigh Pottery

175-year-old Stoke-on-Trent company says Christopher Bailey’s investment will ensure continued productionChristopher Bailey, the fashion designer who turned the British trenchcoat maker Burberry into...

The Guardian - UK News5 months ago
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
UK NewsBusiness

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn...

The Guardian - UK News5 months ago
Whey protein shortage looms as use of weight-loss drugs fuels global demand
UK NewsBusinessLifestyle

Whey protein shortage looms as use of weight-loss drugs fuels global demand

Price of dairy product has risen fivefold after users of GLP-1 medications advised to increase protein consumptionThe growing popularity of weight-loss drugs has fuelled global demand for whey protein...

The Guardian - UK News5 months ago
Delays from new EU border system may not ‘stabilise’ for two years, official says
UK NewsBusiness

Delays from new EU border system may not ‘stabilise’ for two years, official says

Fears that EES checks requiring personal information and biometrics will cause summer of travel chaos in EuropeBusiness live – latest updatesThe new EU border system that has triggered hours-long dela...

The Guardian - UK News5 months ago
Car finance payouts could be delayed by years over legal challenges, says FCA
UK NewsBusiness

Car finance payouts could be delayed by years over legal challenges, says FCA

Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog has warned that a wave of legal challenges to the compensation s...

The Guardian - UK News5 months ago
GSK makes biggest ever acquisition with $10.6bn for US cancer drug firm
UK NewsBusiness

GSK makes biggest ever acquisition with $10.6bn for US cancer drug firm

Nuvalent’s late-stage lung cancer treatments zidesamtinib and neladalkib are expected to launch later this yearBusiness live – latest updatesGSK’s new boss, Luke Miels, has struck one of the British d...

The Guardian - UK News5 months ago
Bank of England warns of AI scams as deepfakes of Farage-Bailey fight spread
UK NewsPoliticsBusiness

Bank of England warns of AI scams as deepfakes of Farage-Bailey fight spread

Governor urges people to report videos on X that falsely show the men clashing in the Question Time studio The Bank of England has warned the public against falling for AI-generated scams after deepfa...

The Guardian - UK News5 months ago