EasyJet is an obvious takeover target, but US approach may not be a flyer Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the works
‘Utter disaster’: Alan Bates attacks schemes compensating post office operators Government should not be involved in providing redress to victims of Horizon IT scandal, campaigner tells MPs
60 Minutes correspondent Scott Pelley accuses Bari Weiss of ‘murdering’ show Pelley reportedly rebuked CBS ousting show’s executive producer, executive editor and two top correspondents
Ex-Federal Reserve chair Jerome Powell sounds alarm over political interference Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fire
Oil price rises to $97 a barrel as ‘Iran stops exchanging messages with US’ – as it happened British house prices fell 0.6% in May, leaving them 1.7% higher than a year earlier, Nationwide reports
UK house prices fall for first time this year amid rising mortgage rates Nationwide finds typical price was £278,024 in May, as Savills says Iran war has ‘fundamentally changed’ outlook
Wise investigated in Belgium over money-laundering control concerns International money transfer service’s shares tumble as it confirms discussions with prosecutor’s office
LA’s storied fashion district in a slump – can the Olympics put it back on its feet? The neighborhood that makes America’s clothes has been buffeted by ICE raids and post-Covid problems – but leaders say hope is on the horizon
‘Catastrophic for creative industries’: Brexit barriers shut UK actors out of EU jobs Casting shifts to EU talent as paperwork delays and visa limits make hiring British crews less viable
Reeves examines using private sector funds to speed building of new towns Chancellor in talks with banks and investment funds about public-private partnerships to build infrastructure
Royal Mail investigated again as almost a quarter of first-class post arrives late Latest figures show the company’s delivery performance has worsened compared with the previous year
Nvidia launches ‘superchip’ putting AI power into laptops and PCs Firm says its RTX Spark PC chip for Microsoft Windows will let AI agents replace the mouse and keyboard
‘Where are the jobs?’: as US autoworkers face offshoring, Democrats vie to win votes Workers who voted for Trump and Republicans in recent elections are now being hit with offshoring and the impacts of tariffs – but can Democrats sway them?
EasyJet says US takeover bid would be ‘highly opportunistic’ Airline’s shares hit highest level in three months as investment group Castlelake says it is considering offer
FCA’s Palantir deal could expose UK financial data to Trump’s US, critics fear Exclusive: MP and campaigners say sensitive citizen and company data could be subject to US disclosure laws