Posts by Kim browne
Project Warrior: How Paramount beat Netflix in $110bn battle for Warner
At his Beverly Hills home last Saturday night, Warner Bros Discovery boss David Zaslav received a call from David Ellison. Paramount had upped its bid by $1 a share to $110bn for WBD and conceded to several key demands in the months-long struggle for control of the legendary Hollywood studio. The fierce takeover battle had…
Read MoreUS bank stocks on course for biggest slide since April market ructions
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US bank stocks are on track for their worst sell-off since Donald Trump’s tariffs shook markets in April as concerns intensify around lenders’ exposure to a downturn in private credit sparked by AI disruption fears.…
Read MoreCollapse of UK property lender sends shockwaves through Wall Street
Wall Street lenders are scrambling to understand the extent of losses on billions of pounds they lent to a UK-based mortgage provider that collapsed suddenly amid fraud allegations, reigniting fears of poor underwriting standards in the booming market for asset-backed lending. Firms including Barclays, Jefferies and Apollo’s Atlas SP Partners, its structured credit arm, extended…
Read MoreAfghan migrant jailed for raping ‘vulnerable’ woman
A migrant from Afghanistan has been jailed for 10 years for the rape of a “vulnerable, intoxicated” woman. Musafar Hotak, 25, was convicted after a trial at Southampton Crown Court of the rape and sexual assault by penetration of the woman in the early hours of 12 July 2022. The court heard that the victim…
Read MoreGorton and Denton by-election result proves Polanski surge is real and the Greens are a serious threat to Labour
At the wedding venue in Gorton and Denton the Green Party chose for the news conference to mark a seismic by-election victory on national television, it was clear that Zack Polanski and his team were new to all of this. There was a sea of empty chairs and but a smattering of supporters in a…
Read MoreNew legal action planned over proposal to house 540 asylum seekers in Sussex town
A residents’ group has said it plans to launch a fresh legal challenge over plans to use a military training camp in Crowborough as accommodation for asylum seekers. The new challenge against the Home Office would follow the group’s initial legal bid being thrown out for being filed before the Government decided to go ahead…
Read MorePicture of ‘rare’ boot released as police try to identify woman’s body found off Iona coast
A picture of a “rare” boot has been released as police try to identify a woman whose body was found off the coast of Iona last year. The body was discovered around five miles west of the island on 23 September 2025, with forensic analysis in Scotland, the rest of the UK, and also in…
Read MoreReform reports claims of ‘family voting’ to police and Electoral Commission
Reform UK leader Nigel Farage says his party has reported claims of “family voting” in the Gorton and Denton by-election to police and the Electoral Commission. It comes after election observer group Democracy Volunteers warned it had witnessed “concerning high levels” of family voting. This is an illegal practice where two voters use one polling…
Read MoreTwo Britons arrested in Benidorm for ‘staging fake kidnapping to extort money’
Two British men have been arrested in Benidorm for allegedly staging a kidnapping to demand a ransom of €830 (£728) from a relative. Spanish National Police said the men, aged 37 and 51, were detained inside a hotel in the city in Alicante, southwestern Spain, on Thursday. Police said they sent a relative in the…
Read MoreAn election that shakes up British politics
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British parliamentary by-elections are generally poor indicators of national contests but very good at giving you the state of the parties today. By that measure Prime Minister Sir Keir Starmer’s Labour government has a great…
Read MoreEx-MasterChef host Gregg Wallace drops legal claim against BBC
Former MasterChef host Gregg Wallace has dropped his High Court claim against the BBC and won’t be receiving any damages, the corporation has said. Mr Wallace was suing the broadcaster and its subsidiary BBC Studios Distribution Limited for up to £10,000 in damages, alleging the BBC failed to disclose his personal data, which caused him…
Read MoreMan charged with possession of offensive weapon after incident at Manchester mosque
A man has been charged after police were called to reports of a suspect armed with an axe at a Manchester mosque. The incident on Tuesday at Manchester Central Mosque unfolded around 8.30pm, during Ramadan prayers. Darren Connor, 55, has been charged with possession of an offensive weapon and possession of class B drugs, Greater…
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