Motorists in the UK are now paying the highest prices for petrol and diesel since October 2022, with the average cost of a litre increasing significantly in the last month. This rise is attributed to sustained elevated oil prices and the weakening of sterling against the US dollar.
A US federal court has temporarily blocked the proposed merger between Paramount Global and Warner Bros. Discovery. The injunction follows a legal challenge initiated by 12 US states, which argue the consolidation would significantly reduce competition within the media and entertainment sectors.
John Healey has been appointed Chancellor of the Exchequer, a swift return to a senior cabinet role following his unexpected resignation as Defence Secretary just weeks prior. His appointment signals a move to stabilise government finances under an experienced figure.
