British financial services firm; UK’s largest retail investment platform
Savers now have more choice as multiple banks and platforms offer fixed and easy-access accounts above 4% in August 2026, with several products including six-month bonuses. Readers should compare bonuses, terms and ladder strategies to protect value against inflation.
Apollo has won the bid to take easyJet private at 7.15 per share, valuing the airline at about $7.7 billion. Castlelake has withdrawn, clearing Apollo to move forward. The deal is expected to complete by Q1 2027, with Stelios Haji-Ioannou and family retaining shares. The takeover will delist easyJet and support its growth strategy.
Reuters and independent sources report JD Wetherspoon’s profit outlook has worsened amid higher food, labour and energy costs, as like-for-like sales rise modestly but profit guidance remains cautious. The update follows World Cup-driven sales boosts and a challenging cost environment.
BP has reported a quarterly profit of $5.73bn, more than doubling year-on-year, driven by higher oil prices amid Middle East conflict. The group plans to sell its US renewable natural gas unit Archaea and is considering further asset disposals, including a potential North Sea exit. CEO Meg O’Neill says the company is focusing on assets with the strongest potential to deliver returns.
SpaceX has released its first quarterly earnings since going public. Revenue has grown, but AI-related capex has surged, raising questions about sustainability as the stock price remains volatile. Investors warn that rapid spending could outpace revenue growth, while Starlink and data centres continue to drive cash flow.
Wizz Air has posted an operating loss of 183 million euros for April–June, reversing a year-earlier profit as jet-fuel prices surge with Brent crude above $120. The carrier says market prices are up about 87% and is reallocating capacity from Middle East routes to Europe while expanding passenger traffic to 21.2 million.