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EasyJet Labels US Takeover Bid ‘Highly Opportunistic’ Amid Share Surge

EasyJet calls US investment group Castlelake's £3bn takeover bid ‘highly opportunistic’ amid share price surge to three-month high.

3 min read

EasyJet aircraft at Berlin Brandenburg airport

Athlete Wins £149,000 After Employer Fails to Attend Meeting Following 800-Mile Trip

Beth Littlewood, a former canoe polo champion, won £149,000 compensation after an employer failed to attend a meeting she traveled 800 miles for during an international competition.

7 min read

Beth Littlewood A woman with brown hair in two french plaits. She is wearing a blue sports jacket and has a medal around her neck. She is smiling and looking at the camera and is stood in front of a body of water with mountains in the background.

Ferrari Faces Backlash Over Luce EV Launch Amidst Industry Challenges

Ferrari's new electric Luce, designed by Sir Jony Ive, faces backlash for its design and price amid fierce competition from Chinese EV makers and industry shifts.

6 min read

Ferrari A promotional image of the Ferrari Luce in light blue

Universal Music Group Rejects Bill Ackman's $64.3bn Takeover Bid

Universal Music Group has rejected billionaire Bill Ackman's $64.3bn takeover bid, citing undervaluation and reaffirming confidence in its current strategy under CEO Sir Lucian Grainge.

2 min read

Getty Images A photograph of Taylor Swift looking over her shoulder and smiling, wearing red earrings.

Minister Exempts Most Small Firms from New Trade Union Access Rights

Stormont's economy minister exempts businesses with fewer than 10 employees from new trade union access rights in the Good Jobs Bill, aiming to secure political agreement amid opposition from business groups and DUP concerns.

3 min read

PA Media Caoimhe Archibald speaking into a microphone. She is wearing a cream jacket with gold buttons. She has long red hair. She is standing outside Stormont parliament buildings.

Royal Mail Delivers Only 75.7% of First Class Mail On Time, Below 93% Target

Royal Mail delivered only 75.7% of first class mail on time in the year to March, below its 93% target. Ofcom is concerned and plans a probe. The firm aims to meet new lower targets by next year amid ongoing investment and operational changes.

3 min read

Getty Images A postal worker in a high-vis orange jacket delivering post by pushing a red box, labelled Royal Mail, down a street

Nationwide Board Candidate Criticizes Lender for 'Unfair' Election Practices

James Sherwin-Smith accuses Nationwide Building Society of unfairly opposing his board candidacy by promoting a default vote against him, raising concerns about democratic governance within the mutual lender.

3 min read

Two women walk past a Nationwide building society branch on a high street

OurCoop CEO’s Pay Triples to £2.2m Despite Profit Decline and No Member Profit-Share

OurCoop tripled its CEO's pay to £2.2m despite falling profits and no member profit-share, sparking criticism from members and former staff.

4 min read

Top UK Chefs Urge Government to Cut VAT to 10% for Hospitality Sector

Four leading UK chefs urge the government to cut VAT to 10% for pubs and restaurants, citing severe financial pressures and the impact on youth employment in hospitality.

6 min read

Getty Images Chefs Ravneet Gill and Tom Kerridge

UK Thinktank Urges More Worker Control Over AI to Share Benefits Fairly

The IPPR and TUC urge stronger worker influence over AI adoption to ensure fair benefits, proposing a worker support levy and mandatory employer consultation.

3 min read

Power NI and Firmus Announce Energy Price Increases from July 1

Power NI and Firmus will raise energy prices from July 1 due to global cost increases, with Power NI's electricity rising 6.2% and Firmus' gas tariff up 15.65%. Both companies cite global market pressures and regional conflicts as causes.

2 min read

Getty Images Smart Energy Meter In Kitchen Measuring Electricity And Gas Use With Woman Looking At Bills With Calculator

Oil Prices Fall as US-Iran Peace Deal Hopes Boost Global Markets

Oil prices dropped sharply amid hopes of a US-Iran ceasefire deal, leading to significant monthly declines. Global stock markets rallied on optimism for peace and lower inflation risks.

3 min read

A Japanese oil tanker arrives at a refinery off Chita after negotiating the strait of Hormuz in April