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Ocado has put a timetable around its founder succession plan. Tim Steiner will remain chief executive until the start of FY2028 before moving into a founder role, as the automation group manages investor pressure and technology-market uncertainty.
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easyJet’s Castlelake talks have shifted from resistance to recommendation territory. A revised 690p-per-share proposal could take the UK-listed airline private, but ownership rules, valuation, regulatory approval, and airline-market volatility remain central to the deal.
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UK investment intentions have fallen to post-pandemic lows this quarter. British Chambers of Commerce data shows only 17% of businesses plan to increase investment, with inflation, taxation, fuel costs, sales weakness, and sector pressure weighing on capital spending.
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Sky and ITV are reshaping the UK broadcasting market today. A £1.6bn sale of ITV’s Media and Entertainment business would combine free-to-air television, ITVX, Sky’s platform scale, and a long-term content supply agreement with a newly focused ITV Studios.
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Dean Moor Solar Farm has secured development consent approval today. The nationally significant project adds momentum to the UK renewable infrastructure pipeline as solar development faces planning, grid, land-use, and community scrutiny.
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Water capacity has unlocked almost 19,000 stalled housing units. A taskforce agreement involving Anglian Water and planning bodies moves developments closer to delivery across East Anglia, Lincolnshire, and the Home Counties.
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Planning reform will shorten major infrastructure approval routes from July. Ministers say the overhaul could cut pre-application times by up to 12 months and save developers £1bn, with energy, transport, water, and data centre projects among the likely beneficiaries.
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European car rules could redraw UK automotive export economics sharply. Industry pressure is growing for UK-built vehicles and components to remain inside future EU support frameworks.
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June’s UK dealmaking became a sharper contest over listed-company value. Prologis, EQT, Castlelake, Ingredion, and Bridgepoint shaped a month of foreign approaches, take-private pressure, strategic consolidation, and outbound expansion, with boards testing whether public-market discounts should translate into control.
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Mastercard says skill-based holidays are reshaping British travel spending priorities. Its European survey found nearly half of Britons plan to learn something new while away, creating fresh opportunities for local tourism SMEs.