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Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid

Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid

Decision will pave the way for Netflix to proceed with buyout of film and TV groupWarner Bros Discovery is poised to tell shareholders to reject Paramount’s $108bn (£81bn) hostile bid, according to reports, clearing the way for Netflix to proceed with its buyout of the Hollywood film and TV group.Th

UK to bring forward review of EV sales targets from 2027 to next year

UK to bring forward review of EV sales targets from 2027 to next year

Ministers hint at further relaxation of zero emission mandate but say will not follow EU over 2035 petrol cars banThe UK is to bring forward its review of electric vehicle sales targets from 2027 to next year, as the government said it would listen to the concerns of the car industry.The news came a

Lower food and clothing prices help inflation fall by more than expected

Lower food and clothing prices help inflation fall by more than expected

The 3.2% November figure is down on the 3.6% recorded in the year to October.

Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty

Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty

Monetary policy committee, cautious in recent months, expected to respond with cut in interest ratesUK inflation falls sharply to 3.2%Business live – latest updatesThe sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lingering doubt about whether the Bank of England w

Lower clothing and food prices help inflation fall by more than expected

Lower clothing and food prices help inflation fall by more than expected

The November figure is down on the 3.6% recorded in the year to October.

UK inflation falls sharply to 3.2% amid slowdown in food price rises

UK inflation falls sharply to 3.2% amid slowdown in food price rises

Drop in November annual rate adds to case for Bank of England cut to interest rates on ThursdayBusiness live – latest updatesUK inflation fell by more than expected in November amid a slowdown in food prices, official figures show, strengthening the case for the Bank of England to cut interest rates

New £150m funding package to protect jobs at Grangemouth

New £150m funding package to protect jobs at Grangemouth

The UK government and owners Ineos say the funding will support 500 jobs at the site's ethylene plant.

UK inflation falls by more than expected to 3.2%, adding to case for interest rate cut

UK inflation falls by more than expected to 3.2%, adding to case for interest rate cut

Slowing pace of price rises in November makes Bank of England cut to cost of borrowing on Thursday more likelyUK inflation significantly cooled in November to 3.2%, official figures show, strengthening the case for the Bank of England to cut interest rates on Thursday.In a crunch week for the econom

Warner Bros to reject $108bn Paramount bid, reports say

Warner Bros to reject $108bn Paramount bid, reports say

Warner Bros will reportedly advise its shareholders to vote against the offer as early as Wednesday.

Rate hikes, rising inflation and difficult decisions: key takeaways from Jim Chalmers’ budget update

Rate hikes, rising inflation and difficult decisions: key takeaways from Jim Chalmers’ budget update

Treasurer says his Myefo, which shows a small improvement in the budget bottom line, is “the most responsible” on recordGet our breaking news email, free app or daily news podcastJim Chalmers has claimed “the most responsible mid-year update on record”, unveiling a multibillion-dollar improvement in

UK insists US tech deal not dead as Trump threatens penalties against European firms

UK insists US tech deal not dead as Trump threatens penalties against European firms

Keir Starmer’s office claims UK still in ‘active conversations’ about deal for tech industries in both countries to cooperateDowning Street insists the $40bn Tech Prosperity Deal between the US and UK that is on hold is not permanently stalled. The BBC reported on Tuesday evening that the prime mini

Former chancellor George Osborne joins OpenAI

Former chancellor George Osborne joins OpenAI

Osborne said it was a privilege to become managing director of OpenAI for Countries based in London.

EU to regulate short-term rentals in plan to tackle affordable homes shortage

EU to regulate short-term rentals in plan to tackle affordable homes shortage

Soaring rents and housing costs have priced out young people, key workers and families from many European cities The European Commission has announced it will regulate short-term rentals and seek to curb speculation in the housing market, under the EU’s first-ever plan to tackle a shortage of afford

EU plans to water down ban on new petrol and diesel cars

EU plans to water down ban on new petrol and diesel cars

Commission proposes cutting obligation for 100% zero emission vehicles beyond 2035 to 90% after pressure from industry and some EU statesThe EU has confirmed it wants to water down its landmark 2035 ban on the sale of new petrol or diesel cars, yielding to heavy pressure from the car industry and le

Employment Rights Bill clears last parliamentary hurdle

Employment Rights Bill clears last parliamentary hurdle

Business Secretary Peter Kyle he was "delighted" the bill had completed its passage through the House of Lords.

Universal Studios UK theme park given planning permission in Bedfordshire

Universal Studios UK theme park given planning permission in Bedfordshire

Attraction part-funded with £500m of public investment will be constructed on site of a former brickworksThe UK’s first Universal Studios theme park has been granted planning permission by the government to begin construction.The attraction, which is being part-funded with £500m of public investment

EU waters down plans to end petrol and diesel car sales by 2035

EU waters down plans to end petrol and diesel car sales by 2035

Carmakers, particularly in Germany, have lobbied heavily for concessions to the planned rules.

EU waters down plans to end new petrol and diesel car sales by 2035

EU waters down plans to end new petrol and diesel car sales by 2035

Carmakers, particularly in Germany, have lobbied heavily for concessions to the planned rules.

Norway’s national oil company facing £53m penalty for oil spills and gas leaks

Norway’s national oil company facing £53m penalty for oil spills and gas leaks

Equinor accused of ‘extensive and long-term pollution’ caused by years of inadequate maintenanceNorway’s national oil company, Equinor, is facing a £53m penalty for oil spills and gas leaks at the oil-rich Scandinavian state’s only refinery, which officials said were the result of years of inadequat

EU to water down landmark ban on new petrol and diesel cars

EU to water down landmark ban on new petrol and diesel cars

Move lets 10% of cars escape zero-emissions ban beyond 2035 after heavy pressure from car industry and some EU statesThe EU has confirmed it will water down its landmark 2035 ban on the sale of new petrol or diesel cars, yielding to heavy pressure from the car industry and leaders from several EU me

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