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Novo Nordisk ousts boss as Ozempic maker battles slump

Danish maker of obesity drugs to replace Lars Fruergaard Jørgensen, saying new leadership is needed [...]

Starmer admits Farage is ‘real opponent’ in new political landscape

UK prime minister has told allies that the Tories are heading for the ‘end of the road’ [...]

Trump made me a hundred grand

There is nothing like irrational mayhem for opportunistic investing [...]

Alf Dubs and Jacob Rees-Mogg: citizenship stripping is fundamentally unBritish

Shamima Begum made grave mistakes. But she is our responsibility and no one else’s [...]

Thames Water on collision course with government over bonuses

Utility claims new legislation to block bonuses will not capture ‘retention payments’ [...]

Tesco apologises after software issue hits website and app

The company apologised to customers after its app and website went down on Friday afternoon. [...]

Wegovy firm unexpectedly forces boss to step down

The decision, described as a response to market challenges and a slide in its share price, was unexpected. [...]

Thames Water bonuses could be blocked by regulator

New rules mean Ofwat could step in to prevent under-performing water companies paying any bonuses. [...]

One in 10 have no savings, financial regulator says

Stress and anxiety among those with debts remains high but help is available, a major survey finds. [...]

Four Premier League clubs warned over gambling sponsors

Four Premier League clubs have been warned by the Gambling Commission over their relationship with an unlicensed gambling business. [...]

- Richard Partington senior economics correspondent and Callum Jones in New York
Trump says US will unilaterally set new tariff rates for scores of countries

President says letters revealing rates will be sent out within weeks as Washington lacks capacity for individual dealsBusiness live – latest updatesDonald Trump has said the US will send letters… [...]

- Mark Sweney
King Charles’s wealth swells to match Rishi Sunak and Akshata Murty on UK rich list

Sunday Times says monarch’s personal fortune has risen to £640m, while that of ex-PM and wife has fallen to that levelBusiness live – latest updatesKing Charles’s personal fortune increased to… [...]

- Kalyeena Makortoff Banking correspondent
Cash Isas: ministers sound out City bosses on cutting £20,000 tax-free allowance

Investment firms say scaling back tax breaks would help UK stocks, but banks and public are wary of changeBusiness live – latest updatesTreasury ministers are sounding out City bosses on… [...]

- Joanna Partridge
UK Peppa Pig toy firm says trading ‘uncertain’ as US-China shipments on hold

London-listed Character Group paused shipping Chinese-made goods in April due to Donald Trump tariffsBusiness live – latest updatesA British manufacturer that makes Peppa Pig and Fireman Sam toys has said… [...]

- Dan Milmo Global technology editor
Scattered Spider hackers in UK are ‘facilitating’ cyber-attacks, says Google

US retailers being targeted after attacks on Britain’s Marks & Spencer, the Co-op and HarrodsBusiness live – latest updatesUK-based members of the Scattered Spider hacking community are actively “facilitating” cyber-attacks,… [...]

Ruling raises questions about programme of events set to start next week in Brockwell Park [...]

Retailer enjoys rising sales and a boost to its share price [...]

South American nation had been the last big producer not affected by the outbreak [...]

Utility claims new legislation to block bonuses will not capture ‘retention payments’ [...]

Luring new backers into the sector has its attractions, but risks fragmenting the system further [...]

- Guy Taylor
Boss of King Charles property portfolio in talks with old firm for slice of HS2 Euston

King Charles’ property company is in talks to buy up part of HS2’s Euston site from its floundering owner, according to reports. The Crown Estate, led by Dan Labbad, is… [...]

- Matt Hardy
Channel 4 and TNT Sports sign Adobe FA Cup broadcast deal

More Adobe Women’s FA Cup matches than ever will be broadcast on television after the English FA agreed a first-ever stand-alone broadcast deal beginning next season. The three-year agreement will… [...]

- Simon Hunt
Pisces regulations have arrived. Here’s what you need to know

It’s the moment you’ve been waiting for. This week saw the publication of new regulations governing the Private Intermittent Securities and Capital Exchange System – or Pisces, to you and… [...]

- Matt Hardy
France scrum-half Antoine Dupont invests in US rugby club

France and Toulouse rugby sensation Antoine Dupont has invested in Major League Rugby side RFC Los Angeles.  The 28-year-old will form part of the ownership group at the franchise which… [...]

- Alex Daniel
FTSE 100 recovers to pre-trade tariff announcement levels

Markets have slowly clawed back the losses seen since Donald Trump announced sweeping tariffs at the start of April. [...]

- Rebecca Speare-Cole
Anglian receives record £1.42m fine for drinking water failures

The company was found to have used unapproved plastic-based products to externally coat pipework submerged within some of their drinking water tanks. [...]

- Henry Saker-Clark
M&S expected to shed light on cost of cyber attack hit

The company will unveil its financial performance for the past year in an update to the stock market on May 21. [...]

- Anna Wise
NHS landlord Assura attracts new offer from PHP as bidding war heats up

PHP’s offer outbids the £1.61 billion takeover price offered by US private equity giants Kohlberg Kravis Roberts and Stonepeak Partners. [...]

- Henry Saker-Clark
Peppa Pig toy maker pauses US-China shipments over Trump’s tariffs

The manufacturer of Peppa Pig and Fireman Sam toys pulled its financial targets for the year last month [...]

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