Headline News
Global IT systems crash after CrowdStrike update hits Microsoft
Thousands of businesses around the world were thrown into disarray on Friday after a software update from cybersecurity firm CrowdStrike led to Microsoft-run system crashes at airlines, banks, hospitals, media outlets and retailers.
GSK application for myeloma treatment accepted by EMA
GSK announced on Friday that the European Medicines Agency (EMA) has accepted its marketing authorisation application for ‘Blenrep’, or belantamab mafodotin, in combination with bortezomib plus dexamethasone - ‘BorDex’, or pomalidomide plus dexamethasone - PomDex, for treating relapsed or refractory multiple myeloma.
United Utilities affirms financial guidance in trading update
United Utilities Group reported sustained strong operational performance in an update on Friday, affirming its financial guidance for the 2024-2025 period remained unchanged.
CMA approves Nationwide's acquisition of Virgin Money UK
Virgin Money UK announced on Friday that its has received unconditional approval from the Competition and Markets Authority (CMA) for its acquisition by Nationwide Building Society.
Ofcom halts inflation-linked mid-contract price rises
Telecoms providers are to be banned from putting up prices linked to inflation mid-contract, the regulator confirmed on Friday.
UK retail sales slide in June - ONS
UK retail sales fell by more than expected in June, official data showed on Friday, partially reversing May’s jump.
Hargreaves Lansdown extends £5.4bn takeover deadline
The deadline for a potential £5. 4bn takeover of Hargreaves Lansdown has been pushed back, the fund supermarket confirmed on Friday.
Government borrowing higher than forecast in June - ONS
Public sector borrowing came in higher than expected in June, official data showed on Friday.
Segro Europe JV sells Italian warehouses for €327m
A joint venture half-owned by SEGRO has sold a portfolio of logistics warehouses in Italy for €327m (£275m), the company said on Friday.