UK mortgage rates rise to highest level for more than a month
UK mortgage rates have risen to their highest level in over a month as geopolitical tensions in the Middle East prompt lenders to increase costs on new fixed-rate deals.
UK complacent about war threat, warns BAE Systems’ boss
BAE Systems’ chief warns the UK has been too complacent about foreign threats, calling current conditions the most dangerous in his lifetime and urging significantly higher defence spending.
Lloyd’s of London says ex-boss’s ‘close relationship’ breached compliance rules
Lloyd’s of London found that its former chief executive John Neal breached compliance rules by failing to disclose a close relationship with a colleague, though investigators found no conclusive evidence of romance.
Ex-Southern Water boss charged over alleged plan to manipulate water tests
Four former Southern Water executives have been charged with conspiring to manipulate water quality tests to avoid approximately £45 million in penalties between 2012 and 2017.
Segro board U-turns on £14bn takeover bid by US rival Prologis
Segro’s board has reversed its stance and agreed to recommend a £14bn takeover bid from US rival Prologis, representing one of the largest foreign acquisitions of a UK-listed company.
China’s Moonshot AI stole from Anthropic, Trump tech adviser says
A Trump administration official has accused China’s Moonshot AI of conducting large-scale theft of capabilities from US artificial intelligence models, including through distillation techniques and unauthorized access to advanced Nvidia servers.