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Business

  • Warner Bros to snub Paramount’s takeover in favour of Netflix

    December 17, 2025

    Warner Bros Discovery (WBD) is preparing to urge shareholders to reject a $108bn (£81bn) hostile takeover bid from Paramount, after one of its key financial backers pulled out of the deal. Affinity Partners, the investment firm owned by Jared Kushner, said it would no longer support Paramount’s offer, citing a shift in circumstances. “The dynamics [...]

  • Paddy Power Betfair to pay £2m after failing to protect users

    December 17, 2025

    Paddy Power Betfair is set to pay £2m to the gambling watchdog as part of a regulatory settlement after failing to protect users who showed concerning betting behaviours. The Gambling Commission said a compliance assessment last year revealed lapses in social responsibility from Paddy Power falling short of requirements. PPB Entertainment, PPB Counterparty Services, Betfair [...]

  • Interest rate cut likely after inflation undershoots expectations

    December 17, 2025

    Inflation dropped far below market expectations in November, official data has shown, easing Bank of England doves’ nerves a day before a decision on whether to cut interest rates is revealed. The Office for National Statistics (ONS) said inflation hit 3.2 per cent in the year to November, staying well above the Bank’s 2 per [...]

  • FTSE 100 Live: Inflation eases more than expected ahead of rate decision

    December 17, 2025

    Good morning and welcome back to the Morning Wire liveblog. We’ve had the latest inflation data this morning, which has shown the consumer price index (CPI) rose by 3.2 per cent in the 12 months to November 2025. This eased from 3.6 per cent in October 2025. It also beats figures pencilled in by economists, [...]

  • Manchester City v Premier League battle set to drag on beyond season

    December 17, 2025

    Manchester City will face another lengthy wait to discover their punishment if they are found guilty of breaching the Premier League’s financial rules, as the much-anticipated verdict of the independent commission will be delivered in stages.  The initial judgement of the commission, which finished hearing the case 13 months ago, will only deal with matters [...]

  • Cut interest rates, Morning Wire Shadow MPC tells Bank of England

    December 17, 2025

    The Bank of England should cut interest rates by 25 basis points when it meets tomorrow, Morning Wire’s Shadow Monetary Policy Committee has said in a three-way split decision.  In the face of the dual problems of high inflation and a continued jobs market decline, the majority of experts on Morning Wire’s nine-strong Shadow MPC [...]

  • Can Spotify and Lloyds and Uber and Deliveroo and Apple and everyone stop wrapping my year, please!

    December 17, 2025

    From Spotify to banking, data 'wraps' are taking over the festive period and exposing all our bad habits. Anna Moloney wants out.

  • The Debate: Should annual leave be enforced at Christmas?

    December 17, 2025

    Should it be mandatory to take annual leave at Christmas? We put two office workers head to head in this week's Debate.

  • Bank of mum and dad now funding multiple steps up housing ladder

    December 17, 2025

    The ‘Bank of Mum and Dad’ are funding more than just first steps on the housing ladder, with financial gifts pivotal for second steppers too. Nearly 20 per cent of second-time buyers have received support to buy their property, according to new research from Barclays, rising to 30 per cent for first-time buyers. This amounts [...]

  • Arrogant Labour has played fast and loose with the jobs market

    December 17, 2025

    As the first full calendar year of life under this Labour government comes to a close, it’s an appropriate time to reflect on how they’ve done and how their promises to renew Britain marry up with reality. How can I put this delicately? Ministers should slope off to their constituencies this Christmas with their heads [...]

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