Fox to buy Roku for $22bn, deal pits scale against losses
Fox will buy Roku for $22bn at $160 a share, merging Roku's ad platform and data with Fox's content; regulators and shareholders must approve by H1 2027.
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Finance — Page 3
Latest in Finance
Oil falls as US and Iran agree Hormuz framework
Brent and WTI fell after the US and Iran agreed a Hormuz framework to pause hostilities, easing oil risk premia as traders await signed text and ceasefire.
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Triple lock versus defence: Labour split over pension costs
Andy Burnham will keep the state pension triple lock through this Parliament, prompting debate over scrapping it to free funds for defence and younger voters.
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8.7m pensioners overcharged by about £5 each, HMRC apologises
HMRC admits a calculation error that may have overcharged 8.7m pensioners by about £5 each, roughly £43.5m total. HMRC says it will correct the error.
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Fury wins majority decision over Hall, 59-56, 58-56, 57-57
Tommy Fury won a majority decision over Eddie Hall, judges 59-56, 58-56, 57-57. The Misfits Boxing six-round exhibition aired on DAZN pay-per-view.
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Saving versus consolidation: Yang's low-cost bet
Andrew Yang's Noble Mobile gives cashback for low data use and has acquired Helium Mobile to broaden coverage. Watch subscriber growth and retention.
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Clooney endorsement moves Callum Turner into Bond favourites
Clooney's June 10 endorsement of Callum Turner pushed him up bookmakers' lists of James Bond favourites, increasing early casting talk ahead of casting.
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US inflation 4.2% in May threatens Fed rate cuts
US inflation rose 4.2% in May, driven by energy and transport. The rise complicates the Fed's path to rate cuts and raises political pressure on Trump.
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Paramount accuses Netflix over $110bn WBD tie-up
Paramount accuses Netflix of a campaign to derail its $110bn tie-up with Warner Bros Discovery, complicating a DOJ review amid lawsuits and union warnings.
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Sequoia accused of six 'dual-pricing' rounds
Sequoia is accused of dual-pricing two-tranche rounds where a small, high-priced tranche masks a larger lower-priced investment, founders publicly say.
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Wegovy pill tops 3 million US prescriptions, reshaping GLP-1 market
Wegovy pill has reached c. three million US prescriptions since 5 January, drawing many first-time GLP-1 users and widening the market as rivals adapt.
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UK heatwave risk: 30-32C possible around June 15-18
Met Office and MeteoGroup show a mid-June UK heatwave risk, with 30-32C possible in southern and eastern England around June 15-18. Warnings likely.
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Trump meets AI chiefs to discuss public profit-sharing
Trump will meet AI executives to discuss government stakes and how returns could fund public purposes, from donated shares to direct household payments.
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15 Hours Saved: How Bratslavsky Sold AI to Underwriters
QuickData.ai says it saves underwriters 15 hours a month by extracting rent rolls and financials. We examine Bratslavsky's demos, accuracy and adoption.
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HMRC advisory fuel rates rise from 1 June 2026
HMRC advisory fuel rates rose from 1 June 2026, lifting petrol, diesel and LPG pence-per-mile allowances. Employers and company-car drivers: note the change.
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Lloyds outage on 3 June leaves thousands unable to pay
Lloyds outage on 3 June left thousands unable to access online banking and make payments. Services were restored later that afternoon, Lloyds said.
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GameStop approves $2bn buyback after eBay bid
GameStop authorised a $2bn share buyback to 2 June 2029 after its takeover bid for eBay. The company reported $9.7bn of cash and record quarterly profit.
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£376.6m paid out in June Premium Bonds draw, two £1m winners
NS&I paid out £376,627,975 across 5,954,593 prizes in the June Premium Bonds draw, including two £1m jackpots; odds improve to 22,000-to-1 from July.
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SpaceX IPO flags water risk, sets employee share plan
SpaceX IPO filing on 1 June warned that freshwater at feasible prices could constrain data-centres and AI expansion, and it set aside shares for employees.
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Oil rises 3% as S&P futures nudge higher
S&P 500 futures ticked up as oil rose nearly 3% after May's slide, lifting markets while households and energy firms monitor fuel costs ahead of earnings.
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Hawkstone Farmers Choir wins Britain’s Got Talent and £250,000
Hawkstone Farmers Choir won Britain's Got Talent 2026, taking the £250,000 prize. The 32-member group will appear at the Royal Variety in November.
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Canada Section 216: 25% withholding or tax on net rental income
Section 216: choose 25% Canadian withholding on gross rents or file to be taxed on net income. Guide to CRA T4144 and HMRC reporting, and claiming refunds.
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20% and 1.2 TB: When event logs became a liability
HMRC treats onshore bond gains as having 20% tax paid. A misconfigured Flink pipeline wrote 1.2TB of state to S3 per minute, producing large bills.
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41% expect AI job cuts, but learners remain essential
41% of firms expect AI job cuts in five years, yet demand will persist for staff who learn, apply systems expertise and show leadership. Firms must retrain.
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Two-week hold on foreign tax credit payments
HMRC imposes a two-week hold when claimants ask to stop tax credits paid into an overseas bank. Caseworkers must send TC687 to Bank Liaison and wait.
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