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Culture secretary Lisa Nandy says she will not intervene in £85bn deal after securing guarantees on Channel 5The UK culture secretary, Lisa Nandy, has said she will not intervene in Paramount’s proposed acquisition of Warner Bros Discovery, removing one of the remaining obstacles

Mr Justice Hildyard, who approved a rescue plan for the high street business, said plans for a turnaround came with ‘very considerable’ risksThe judge who approved a rescue plan for the former WH Smith high street business – now named TG Jones – cast doubt on the future prospects of the retailer suggesting there were “very considerable” risks in achieving a turnaround.“This has all the hallmarks of an adventurous equity play,” wrote Mr Justice Hildyard in his judgment published on Wedn

Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approvalThe UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by appealing to Andy Burnham’s reindustrialisation agenda just days before he is expected to become Britain’s next prime minister.Industry lobbyists have written to more than 400 Labour MPs to call on the government’s new leaders to allow more oil and gas drilling in UK waters