-
Aston Martin creditors are threatening action over contested financing arrangements. Bondholders argue that elements of a £550 million package and proposed brand-rights transaction could weaken their existing protections.
-
UK vacancies fell while employer demand for AI skills surged. Indeed recorded an 11% decline in postings this year, alongside record technology requirements and the weakest graduate market since 2020.
-
Sovereign AI has backed British chip developer OLIX with equity. The investment forms part of a nine-figure fundraising round supporting specialist processors for cheaper and less energy-intensive AI inference.
-
Clarkson delivered record interim results as shipping disruption lifted demand. Revenue increased by 39%, while underlying pre-tax profit rose 56% amid longer trade routes, stronger markets, and geopolitical volatility.
-
Apple has again challenged Britain’s encrypted cloud data access demand. The tribunal case renews the dispute over whether government access can coexist with end-to-end encryption and secure international technology services.
-
EY warns prolonged Hormuz disruption could push Britain into recession. Its downside model shows GDP contracting by 0.2% in 2027 and inflation potentially reaching 6.4% this year.
-
UK manufacturing expanded again, but July growth lost momentum markedly. The PMI fell to a four-month low as employment stagnated, inventories declined, and geopolitical disruption complicated operating decisions.
-
Shell is selling European renewable assets to TotalEnergies this year. The portfolio spans four countries as Shell redirects capital towards trading, flexible generation, and customer energy services.
-
EasyJet has aligned rival takeover deadlines ahead of Friday’s decision. Apollo and Castlelake must formalise their approaches or withdraw, bringing the airline’s £5.7 billion ownership contest to its next stage.
-
England’s Capital Grants budget is rapidly approaching full allocation now. Defra says 75% of the enlarged £225 million fund has been committed, narrowing the application window for environmental and resilience projects.