Latest market news
Independent UK financial coverage with full source attribution.
UPS Q1 2026 update — filings and holdings
HON Q2 2026: filings, holdings, and macro context
RTX Q2 2026 update — filings and holdings
UK court rejects most dieselgate claims vs Mercedes, Ford, Nissan, Renault, Stellantis
A London High Court judge rejected most defeat-device allegations in a class action covering around 1.6 million UK claimants against Mercedes-Benz, Ford, Nissan, Renault, Peugeot and Citroen.
Apollo bids 715p per share for easyJet in £5.7bn cash deal
Apollo Global Management made a cash offer of 715 pence per share for easyJet, valuing the UK budget airline at £5.7bn, against a rival 690 pence per share bid from Castlelake tabled on 4 July 2026. EasyJet confirmed it is evaluating both proposals as of 10 July 2026.
LIN Q2 2026: filings, holdings, and macro context
UPS Q1 2026 update — filings and holdings
HON Q2 2026 update — filings and holdings
RTX Q2 2026 update — filings and holdings
UK confirms ~$20bn defence spending rise; BAE Systems and QinetiQ gain
The UK government announced approximately $20 billion in additional military spending on 1 July 2026, following which BAE Systems and QinetiQ rose. Gilt yields faced reported pressure alongside the announcement.
Honeywell Aerospace began standalone trading on 29 June 2026
Honeywell Aerospace commenced trading as an independent public company on 29 June 2026 following its formal separation from Honeywell International (HON), which now operates without its former aerospace division.
UK scraps Type 83 destroyer for six hybrid drone warships
Britain cancels the Type 83 and will procure at least six smaller hybrid drone-equipped 'common combat vessels' to replace its Type 45 destroyers from the early 2030s.
LIN Q2 2026: filings, holdings, and macro context
UPS Q1 2026 update — filings and holdings
HON Q1 2026: filings, holdings, and macro context
RTX Q1 2026 update — filings and holdings
Deutsche Bahn halts all Germany trains in GSM-R outage
Deutsche Bahn temporarily suspended nationwide train services on 23 June 2026 after a failure of its GSM-R digital railway radio system, with partial service restored roughly two hours later.
Castlelake bids 625p per share for easyJet after three rejected proposals
Castlelake made three successive takeover proposals for easyJet at 560p, 600p, and 625p per share; the board rejected all three, and Castlelake took the 625p all-cash bid, valuing the airline at £4.7bn, directly to EZJ shareholders.