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The Latest Breaking News from CMA

Wednesday briefing: How ‘unprecedented’ vet costs have made pets almost unaffordable

In today’s newsletter: As a watchdog says it will investigate ‘unprecedented’ complaints about the cost of owning a pet, here’s how prices got out of control

The Guardian - UK

Vet practices: the competition watchdog is barking up a promising tree

Independent owners are declining fast in a sector now dominated by six big names and private equity

The Guardian - UK

Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretary

The Guardian - UK

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

Competition watchdog launches vet probe after ‘overpayment’ concerns

The CMA said it saw an ‘unprecedented response’ to its initial review

Evening Standard

UK watchdog plans formal investigation into vet pricing

Large chains could be squeezing out independent practices, says Competition and Markets Authority

The Guardian - UK

US inflation unexpectedly rises to 3.2% in February; UK unemployment climbs – as it happened

Stubborn US price growth suggests Federal Reserve won’t be in a rush to cut interest rates; UK wage growth slows more than expected while vacancies decline

The Guardian - UK

'Housebuilding is no longer an industry just for men': meet the women lobbying to save a troubled sector

A new campaign is taking aim at part of the property sector’s pressing image problem

Evening Standard

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Backlash as Kellogg’s boss says poor families should consider ‘cereal for dinner’

Gary Pilnick says people struggling with rising food costs should opt for ‘much more affordable’ alternative

Evening Standard

Homeowners can face high and unclear estate management charges, says watchdog

The Competition and Markets Authority raised concerns about charges for the management of facilities such as roads, drainage, and green spaces.

Evening Standard

FTSE 100 Live 26 February: Index closes down 0.3%, S&P slips from record high

Smith & Nephew, speciality chemicals firm Croda International and asset manager Abrdn are among the major companies with results out today.

Evening Standard

Competition watchdog accuses UK’s top housebuilders of ‘sharing commercially sensitive information’

The Competition and Markets Authority (CMA) also called for a “streamlined” planning system and greater consumer protections

Evening Standard

Housebuilder shares fall as competition watchdog opens investigation; UK retail sales slump eases – as it happened

The CMA has opened an investigation into eight housebuilders following evidence they may be sharing commercially sensitive information.

The Guardian - UK

UK infant formula at ‘historically high’ prices, says watchdog

Competition and Markets Authority launches full-scale investigation after finding costs have risen

The Guardian - UK

Barratt’s £2.5bn takeover of Redrow makes sense … for Barratt

CMA should have a good poke around the rafters of a deal whose promises on housing supply are ‘gloriously loose’

The Guardian - UK

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The Guardian - UK

Telegraph could become ‘PR arm’ of UAE after proposed takeover, MPs warned

UAE-backed deal could be disastrous for UK government and freedom of press, opponents say

The Guardian - UK

Buying bigger packs may not get best deal in UK supermarkets, says watchdog

Stores should make pricing for each unit clearer, says Competition and Markets Authority

The Guardian - UK

Healthy competition is good for keeping wages up, as well as prices down

The spotlight is rightly falling on the power of businesses with few competitors to exploit employees

The Guardian - UK

Telegraph takeover decision put back by fresh inquiry into Barclay family’s UAE-backed deal

Regulators’ reports on public interest risk now due on 11 March after late change in consortium’s structure prompts further review

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The Guardian - UK

UK regulator launches investigation into Vodafone-Three merger

CMA will assess impact proposed deal could have on competition for consumers and businesses

Evening Standard

CMA launches investigation into Vodafone-Three merger

The UK competition regular has begun a formal investigation into the blockbuster merger between telecoms giants Vodafone and Three.

Al Jazeera

Mali’s military rulers scrap peace deal with separatist rebels

Military leaders say Algiers Accord cancelled with ‘immediate effect’ due to signatories not upholding commitments.

The Guardian - UK

UK says Emirates-backed stake in Vodafone poses national security risk

UAE firm’s increased investment prompts Cabinet Office order for security panel at telecoms company

The Guardian - UK

Telegraph takeover: UK government intends to order new investigation into deal

Move follows last-minute change in corporate structure of Barclay family’s UAE-backed consortium

Windows Central

Embracer Group is showcasing the dangers of irresponsible consolidation

Embracer Group has repeatedly closed studios and laid off employees since it fell on hard times in May of 2023.

Evening Standard

Google to open new $1 billion UK data centre amid heightened scrutiny of cloud market

Google has unveiled plans for a $1 billion UK data centre as it ramps up its capacity to deliver more cloud and AI services to customers.

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