Business News

An investment trust which holds shares in Elon Musk's SpaceX and which is under siege from an American activist is urging ministers to plead for an overhaul of the City rulebook amid a deluge of campaigns to unseat boards.

A deal has been announced which would see the £6.7bn sale of the 1,800 Boots stores across the UK and Ireland.

Up to 2,500 Royal Mail employees could lose their jobs under an 'organisational review', the company has announced.

Ministers are lining up advisers to assess the affordability of Heathrow's £49bn third runway plan amid growing expectations that it will miss its 2035 completion deadline by four years.

Jaguar has unveiled its new electric car - two years after the company's controversial rebrand, and 12 months on from a major cyber attack that halted production. 

Rank Group is to pay a £5m penalty after regulators identified a series of compliance issues within three of its casino operators, including duty of care to customers.

Skydance-owned Paramount has completed its $81bn (£61bn) takeover of Warner Bros Discovery - bringing together the two media giants under a combined company.

Britain's water regulator is lining up advisers to oversee the performance of troubled South East Water, days after the company sought to curb non-essential use by thousands of business customers.

English football chiefs have held fresh talks aimed at securing a landmark £180m-a-year deal to distribute some of the Premier League's wealth to the rest of the professional game.

J Sainsbury held merger talks with rival grocer Morrisons earlier this year - a deal that would have represented the most significant tie-up in the sector for more than five years.