V2 Radio - Business News

The private equity titan Blackstone is this weekend drawing up plans for a £1.2bn takeover bid for the owner of songs performed by Blondie, the Kaiser Chiefs and the Red Hot Chili Peppers.

Getir, the grocery delivery app once valued at nearly $12bn (£9.7bn), is close to pulling the plug on its operations in Britain in a move that would spark concerns for well over 1,000 jobs.

Bitcoin's rare halving event has taken place, according to crypto analysis firm CoinGecko.

Pension funds are braced for a hit worth tens of billions of pounds as Michael Gove, the levelling up secretary, tries to salvage his ambition of overhauling Britain's centuries-old property leasehold system.

A "shoplifters' charter" has seen thefts rise significantly - to about one offence every minute - but police are charging fewer people, according to Labour.

People who are fit to work but do not accept job offers will have their benefits taken away after 12 months, the prime minister has pledged.

A lawyer for the Post Office at the height of the Horizon IT scandal has told the public inquiry he feels "no pride" to be employed by the company.

Tesla has recalled more than 3,800 of its Cybertruck models following complaints that the accelerator pedal is at risk of getting stuck, US regulators have announced.

There was a worse than expected performance for retail sales last month, defying predictions of a consumer-led pick up from recession for the UK economy.

An HSBC-backed technology company which was in talks to raise funding at a valuation of over £1bn four years ago is to break itself up amid mounting losses.