Castlelake Proposes £1.2bn EasyJet Buyout

US private equity firm Castlelake has made a public proposal to acquire budget airline EasyJet for £1.2bn, offering 480p per share, a 30% premium. EasyJet confirms receipt, stating it will review.

Alan Greenspan Dies at 100

Alan Greenspan, who led the US Federal Reserve for nearly two decades and shaped global economic policy, has died at age 100.

Babcock Brexit Covid Hit Navy Contract Profits Plunge

Babcock International reports a 90% profit drop, blaming Brexit and Covid for delays and cost overruns on a key Royal Navy contract. The defence contractor's shares fell 8% as it warned of further challenges.

Oil Prices Drop as US-Iran Peace Talks Progress

Oil prices fell sharply on Monday as US-Iran peace talks advanced, with Brent crude dropping 3.5% to $72.40 a barrel, while global stock markets rallied on reduced geopolitical tensions.

Johnny Marr Auctions Smiths Guitars, Rickenbacker, Gibson

Johnny Marr will auction iconic guitars from The Smiths, including a 1960 Gibson ES-355 and 1982 Rickenbacker 330 Jetglo, with estimates up to £150,000. Proceeds from 10 lots benefit Guide Dogs and the National Autistic Society.

BetVictor 100/1 England World Cup 2026 Odds Offer

BetVictor offers new customers enhanced odds of 100/1 on England winning the 2026 World Cup, with a maximum stake of £1. The offer requires opting in and placing a qualifying bet before June 29.

Cardiff Suburb House Plans Refused After Opposition

Plans to build four detached four-bedroom houses on Merthyr Road in Tongwynlais, Cardiff, have been refused after objections from neighbours, ward councillors, and the town council citing impact on green space, traffic, and a village hall.

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