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Jet2 shares soar on record year


By Goran Nastic

Jet2 reported record revenue and passenger numbers for its 2026 financial year as the leisure travel group also unveiled a new £250m share buyback programme.

The company's preliminary results for the year ended 31 March showed that revenue rose 4% to £7.48bn after flying the most people since the airline was launched in 2003


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Virgin Media fined record £28m over contract cancellation failures

Ofcom has fined Virgin Media £28m, the regulator's largest ever consumer protection penalty, after finding the telecoms provider repeatedly made it difficult for customers to cancel their contracts

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Vistry issues H1 loss warning

Vistry has stated that it expects to report a loss before tax of £30m in the first half of its financial year

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Getty scraps Shutterstock merger after CMA demands

Getty Images has abandoned its proposed $3.7bn merger with Shutterstock after deciding not to accept the Competition and Markets Authority's (CMA) requirement that Shutterstock sell its global editorial business.

The CMA had conditionally approved the transaction in May, concluding the deal could proceed if Shutterstock divested its editorial operations, including the Shutterstock Editorial, Backgrid and Splash brands

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Young’s shares jump as World Cup drives enhanced trading

Young’s has seen its share price rise by over 4% after the firm cited the late May bank holiday and the World Cup for a recorded increase in trading

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Halma continues M&A spree with Dreampath buy

Technology group Halma has agreed to acquire French diagnostics specialist Dreampath Diagnostics for an initial €154m (£132m), its third acquisition in around a week

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easyJet clears Castlelake deal for take-off

easyJet has caved in and finally agreed in principle to Castlelake's latest improved takeover proposal of 690 pence a share, valuing the budget airline at around £5.5bn.

Investment firm Castlelake has been gradually increasing its offer from an initial 560p bid, with its fifth bid representing a premium of more than 70% to its share price before takeover interest emerged in late May

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ITV Studios to list on LSE after broadcaster sells media business to Sky

ITV has agreed to sell its Media & Entertainment (M&E) business to Sky in a deal worth up to £1.6bn, creating the UK's second-largest broadcaster while leaving ITV Studios as a standalone London-listed content business

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The Beauty Tech Group upgrades full-year expectations

Shares in The Beauty Tech Group have increased by over 7% after the firm increased its full-year expectations in its H1 trading update

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STS Field Grant Limited Pension Scheme completes £5m buy-in with Aviva

The STS Field Grant Limited Pension Scheme has secured a £5m full scheme buy-in with Aviva, securing the benefits of 48 scheme members

Baldock leaving Currys on a high with annual profits up 18%

Currys has posted solid numbers for the year ended 2 May, its final set of results under outgoing CEO Alex Baldock.

The electricals retailer reported an 18% rise in pre-tax profit of £191m for the year to 2 May, as revenue increased 6% to £9.25bn
Genel agrees £271m takeover of Capricorn Energy

Genel Energy has agreed to acquire Capricorn Energy in a recommended cash deal worth around £271m
Glenstone puts forward 'final' offer for Alternative Income REIT

Glenstone has increased its acquisition offer for Alternative Income REIT to £57.4m


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