No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - A group of 25 Labour MPs and several trade union leaders have urged Keir Starmer to abandon what they described as a "narrow, factional agenda", according to the Guardian.
In a letter reported by the paper, the signatories - which include longstanding Labour rebels such as Clive Lewis and Brian Leishman, as well as senior figures including John McDonnell - warned that the leadership's current approach was "increasingly unpopular with the public" and risked undermining the party's ability to win elections.
The intervention comes after a turbulent period for Starmer, with the Guardian noting that his judgment has been questioned following the decision to appoint Peter Mandelson as ambassador to Washington DC, despite his past links to convicted sex offender Jeffrey Epstein.
The beer-maker BrewDog could be broken up after consultants were called in to help find new investors, according to the Guardian.
The Scotland-based brewer, which makes craft beer such as Punk IPA and Elvis Juice, has appointed consultants AlixPartners to oversee the sale process.
BrewDog last month announced it was closing its distilling brands, prompting concerns for jobs at its facility in Ellon, Aberdeenshire. The company said it made the move to focus on its beer products.
No decision has been made in respect of the sale process.
Peter Mandelson was seen in public for the first time since new allegations surfaced regarding his links to Jeffrey Epstein, The Independent reported over the weekend.
The former Labour peer and exUK ambassador to Washington was spotted leaving his London home on Saturday before getting into a waiting car. According to The Independent, it marks his first public appearance since the latest batch of Epstein court documents reignited scrutiny over his alleged connections to the disgraced financier.
The paper said the revelations triggered a political storm, ultimately leading Mandelson to step down from the House of Lords and prompting renewed calls from some quarters for Sir Keir Starmer to be replaced as prime minister.
A former Reform UK MP who previously accused Nigel Farage's party of running a "brutal smear campaign" against him has launched a new political party with a strikingly similar name, The Independent reported.
Great Yarmouth MP Rupert Lowe formally unveiled his Restore Britain party on Friday night. Lowe, now sitting as an independent, was expelled from Reform following allegations of bullying and verbal threats towards the party's chairman, Zia Yusuf - claims he strongly denied, calling them vexatious.
The dispute escalated to the point where tech billionaire Elon Musk publicly suggested Lowe should replace Farage as Reform leader, The Independent noted.
Greene King is considering a fresh round of job cuts as rising costs and higher taxes continue to squeeze the pub sector, The Times reported.
The brewer and pub operator, which runs around 2,600 sites across the UK, is said to be reviewing options that could affect roughly 100 roles across its head office and central functions. According to The Times, no final decisions have been taken.
The move would mark the company's second major restructuring in less than two years, following earlier reductions to headoffice and fieldbased staff that Greene King said were necessary to help the business navigate "challenging times".
Activist investor Elliott Advisors is pressing the London Stock Exchange Group to launch a 5bn share buyback in an effort to lift returns for shareholders, according to The Times.
The paper said Elliott has built a multibillionpound stake in LSEG and has outlined proposals to chief executive David Schwimmer, who has come under pressure after the group's shares tumbled nearly 40% over the past year.
LSEG, valued at around 37bn, has been hit by concerns over the impact of artificial intelligence on technologyfocused businesses, with other FTSE 100 names such as Relx and Sage also affected by similar fears. People familiar with Elliott's position told The Times the investor believes the selloff has been overdone and that the exchange operator has scope to improve shareholder returns.