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The Latest Breaking News from CMA

Nationwide gets green light for £2.9bn takeover of Virgin Money

Regulator the CMA finds deal will not substantially affect competition for mortgages and credit cards

The Guardian - UK

Microsoft deal with AI startup to be investigated by UK competition watchdog

CMA ‘has enough evidence’ to start full probe into tech giant’s hiring of Inflection’s top staff

The Guardian - UK

Trader recommendation websites must vet firms, says watchdog

CMA draft guidance says platforms must also tackle fake reviews and sanction rogue traders

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Earnings Preview: What to Expect From Comerica's Report

Comerica is expected to release its second-quarter earnings this month, and analysts project a double-digit profit dip.

Barchart

Microsoft invests in the UK's north, set to build a gigantic 'hyperscale data center'

The north of England will see a sizeable investment by Microsoft in the form of a hyperscale data center southeast of Leeds.

Windows Central

Vodafone strikes network pact with Virgin Media O2 as it closes in on Three merger

Vodafone’s blockbuster £15 billion merger with Three edged a step closer to completion today after the telecoms giant signed a fresh network deal with its biggest British rival, Virgin Media O2. The pact, which is set to last for more than a decade, extends the two firms’ existing network sharing…

Evening Standard

Ticket touts clampdown promised by Lib Dems as Taylor Swift Wembley shows resell for £7,000

Tickets for Taylor Swift’s Eras shows in London are selling for over £7,000

Evening Standard

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UK regulator set to probe HPE’s $14bn Juniper Networks acquisition

UK CMA launches early investigation into HPE’s planned acquisition of Juniper Networks over competition concerns.

TechRadar

UK retailers launch £1bn claim against Amazon for data misuse

British sellers are unhappy with how Amazon is using their data and prioritizing its own in-house sales.

TechRadar

Wash and grow: how the right payment platform helped a laundry service to innovate

When Katy Mitchell took over ownership of Washstation, her first job was to modernise the business. And when she brought a new provider on board to handle its payments, she found a willing partner for creative growth

The Guardian - UK

ABC To Air ‘CMA Fest’ Concert Special June 25

Show to be hosted by Jelly Roll, Ashley McBryde

Broadcasting & Cable

Nationwide faces competition inquiry over Virgin Money deal

Nationwide Building Society’s controversial £2.9 billion takeover of Virgin Money hit a potentially serious hiccup today when the Competition and Markets Authority launched a probe into the deal.

Evening Standard

Watchdog launches investigation into Nationwide’s Virgin Money takeover

The CMA said it is considering whether the deal could ‘result in a substantial lessening of competition’ within the UK market.

The Independent UK

Eurozone inflation jumps to 2.6%; UK house prices rebound; US PCE index lifts rate cut hopes – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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TechRadar

AWS and Microsoft are dominating the UK cloud market — and that could be a problem for both of them

New research from the UK’s competition watchdog suggest AWS and Microsoft are in contest, while other cloud storage companies are flagging.

The Guardian - UK

‘No one needs their name near this’: the secret plot by touts to undermine Labour’s reforms

Attendees at Coalition for Ticket Fairness dinner stump up thousands for fighting fund – because they know their time might be up

The Guardian - UK

UK watchdog launches full investigation into vet fees for pet owners

Inquiry follows concern over rising treatment costs and could cap prescription fees or break up pet-care chains

The Guardian - UK

UK company growth slows in blow to Sunak; NatWest share sale threatened by general election – as it happened

Growth across British services firms has cooled noticeably this month in an early blow for PM Rishi Sunak’s election campaign.

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news in one place.

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Top News

UK Regulators Investigate Microsoft And Amazon AI Deals

British regulators investigate Microsoft and Amazon AI deals for potential anti-competitive behavior, prompting scrutiny in the rapidly evolving AI industry.

The Guardian - UK

UK competition watchdog steps up scrutiny of big tech’s role in AI startups

Microsoft and Amazon asked to comment on tie-ups, a move that paves way for formal investigation

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