33 minutes ago Macquarie agrees £700m deal to buy UK waste firm Renewi; Direct Line shares jump after rejecting Aviva’s £3.3bn offer – live

Australian investment bank returns after being rebuffed last yearIn other takeover news, the Australian investment bank Macquarie has just agreed to buy the UK-listed waste management company Renewi for £700m.It is paying 870p a share in cash.We are always cautious about the bidder’s curse, but we believe Aviva’s approach to Direct Line is strategically coherent, could offer considerable synergies, and is currently highly financially attractive.The main risk for Aviva is that it seems to be stretching an already below-average solvency ratio, so any further generosity would need to come from shares. We can see an offer rising from the current 250p to around 300p. Continue reading...

Economics

44 minutes ago French bond yields surpass Greece’s for first time as budget worries swirl

Investors fear dispute over planned tax rises and spending cuts could topple government

Politics

48 minutes ago Gavin and Stacey fans rejoice as Barry Island hotel becomes 'What's Occur

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Politics

76 minutes ago Google wants to build more AI infrastructure in UK but needs 'right conditions'

'We hope to build more here and continue to invest here, we obviously have a huge new facility opening next year or so. We’d like to build more here, it is true'

Politics

89 minutes ago The remarkable Highlands cave discovery that shows polar bears once roamed Scotland

Bones and teeth were discovered in a cave in the Scottish Highlands

Politics

1 hour ago Hooded man caught 'trying door' as residents in Scots town left scared

The crook was caught on doorbell camera footage trying to gain entry to at least two homes in Cumbernauld at around 11pm on Tuesday.

Events

1 hour ago Chaos in Ibiza and Majorca as Brit tourists prevented from doing holiday essential

Ibiza and Majorca are both popular holiday destinations with Brits, but the sheer volume of tourists has put a strain on the islands - and locals are starting to get fed up

Events

2 hours ago Big Bang Theory star left disturbed by ‘crazy’ encounter with stranger in hotel room

‘I think he worked there,’ concerned actor said

Politics

2 hours ago Liam Payne's dad says he missed major milestone before singer son's devastating hotel death

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Events

2 hours ago WhatsApp kills off popular chat feature but have you spotted the 'annoying' change?

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Events