Ocado CEO Tim Steiner will step down in 2028 after co-founding the online grocer in 2000. He will remain CEO until the 2028 financial year and then serve in a "founder role" until 2029. The announcement follows speculation about leadership changes and a slump in the company's share price.
The UK's public EV charger installation rate has slowed to 10% in H1 2026, down from over 40% in 2024. This slowdown, driven by cost pressures and uncertainty over government sales targets like the ZEV mandate, threatens the 2030 goal of 300,000 chargers.
EasyJet has agreed in principle to a potential £5.2bn takeover offer from US investment firm Castlelake. The airline, which previously rejected four bids, is considering a proposal worth £6.90 per share. Regulatory approvals and a shareholder vote are still required.
Camra, an ale enthusiasts' club, has asked the Competition & Markets Authority (CMA) to investigate big brewers for allegedly misleading drinkers about 'craft' credentials and geographical origin. The group claims multinational breweries use anti-competitive tactics to sideline smaller rivals, impacting consumer choice and quality.
Residents in Lanarkshire, Scotland, fear a planned AI datacentre complex will negatively impact their properties and green belt land, with concerns over misleading job and investment promises. The project, part of the UK's AI growth zone initiative, may rely on the national grid rather than solely on-site renewables, and job figures appear inflated.
Sky, owned by Comcast, will acquire ITV's broadcasting and streaming assets for £1.6bn, creating the UK's largest commercial broadcaster. The deal includes ITV's channels and ITVX, while Sky sells Love Productions to ITV.
