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The Latest Breaking News from FT

Jobs at risk after UBS takeover of Credit Suisse; FTSE 100’s biggest rally of 2023 – as it happened

UBS’s rescue of Credit Suisse is expected to result in tens of thousands of job cuts, while bank shares are recovering today on both sides of Atlantic

The Guardian - UK

A complete timeline of Rupert Murdoch’s marriages as he announces engagement to Ann Lesley Smith

The media tycoon has been married to four different women and is preparing to marry for a fifth time this summer

The Independent UK

UBS agrees to buy Credit Suisse for more than $2bn, reports Financial Times

UBS has agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday.

France 24

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Credit Suisse Meets to Weigh Options, under Pressure to Merge with UBS

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG. Credit Suisse Chief Financial Officer Dixit Joshi and his teams will hold meetings over the weekend to assess…

Asharq Al-Awsat

Peter Thiel says he had millions stored in SVB

After his VC firm came under fire for its role in causing the SVB bank run, Peter Thiel had his defense ready.

Fortune

Joe Lycett and Sam Smith lead Rainbow Honours nominees as iconic venue for awards revealed

Joe Lycett's protest against David Beckham's controversial deal with Qatar has been nominated for yet another prestigious award, with Sam Smith, Graham Norton, Andrew Garfield, Dame Kelly Holmes and more also recognised in the Rainbow Honours shortlist

Daily Mirror

TechScape: How Silicon Valley Bank UK was saved

In this week’s newsletter: While its quick slip into financial hardship has left American bankers reeling, its UK division is surprisingly fine. But the tech sector isn’t out of trouble yet

The Guardian - UK

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The Tories could raise billions in this budget and not spook the markets – but they haven’t got the guts

Rational reforms of our wildly unjust tax system could harvest huge sums, says Guardian columnist Polly Toynbee

The Guardian - UK

BBC director-general apologises for Lineker row disruption but refuses to resign

BBC director-general Tim Davie has apologised for the disruption caused to the corporation’s sports schedule by its handling of the Gary Lineker row but said he will not resign.

Evening Standard

Sunday’s Match Of The Day thrown into question after more pundits pull out

A string of presenters have withdrawn from BBC shows after Gary Lineker was told to step back from hosting Saturday’s Match Of The Day.

The Independent UK

BBC forced to scrap Radio 5 Live coverage as Mark Chapman and Colin Murray step down

The BBC's football coverage on Saturday will be limited after the broadcaster controversially forced presenter Gary Lineker to "step back" for criticising the government

Daily Mirror

Who is boycotting the BBC is solidarity with Gary Lineker

More followed Alan Shearer and Ian Wright after the pair announced on Friday their boycott of this weekend’s Match of the Day

Wales Online

Public to ponder power tariff options

The Energy Regulatory Commission (ERC) is gathering public opinion on its proposal for a single power tariff rate, which would make electricity bills cheaper for businesses but slightly more expensive for households.

Bangkok Post

Public feedback sought on power tariffs

Bangkok Post

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Fortune

A major insurance CEO complains about workers shunning the office: 'We need to get Monday back'

Lloyd's of London's John Neal sees more traffic in the middle of the week than on Mondays, reducing the face-time employees get in the office.

The Conversation

Builders are making thumping profits by over-charging for new homes – new findings

Welcome to the UK, where affordable housing can often feel like an oxymoron. The average national house price is £294,000, but someone earning the average annual salary of £33,000 can expect to borrow no more than £140,000, leaving a considerable shortfall. The typical first-time buyer is aged 32 and pays…

Financial Times

Inside El Salvador’s mega prison: the jail giving inmates less space than livestock

FT analysis finds 40,000 detainees would have just 0.6 sq metres of cell space each in ‘city of crime’

Fortune

'They were all dumb as a rock': Microsoft’s CEO slams voice assistants like Alexa and his own company’s Cortana as A.I. is poised to take over

The tech world's growing focus on A.I. signals that the virtual assistant trend is in the past.

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The Independent UK

Michelle Yeoh reacted to all-white Bafta winners by turning to home comforts

The actor was nominated for best actress, but lost to Cate Blanchett

Daily Mirror

Newcastle chief Amanda Staveley on calls to investigate Saudi ownership and Man Utd bid

Newcastle United's takeover by Saudi Arabaia's Public Investment Fund is back under the spotlight after a claim in a US court case surrounding the LIV Golf tour

Daily Mirror

Erling Haaland agent lifts lid on sexist abuse received while representing Man City star

Rafaela Pimenta has represented Manchester City star Erling Haaland since Mino Raiola's death, but continues to receive sexist abuse despite being one of football's top agents

Football London

Arsenal boosted as Erling Haaland agent confirms transfer plan after 'wrong club' claim

Arsenal news: The Gunners could be handed a major boost as plans are said to be drawn up for a potential transfer exit for Erling Haaland at Man City

The National (Scotland)

Brexiteer Rishi Sunak mocked for endorsing membership of EU single market

THE Tory government’s momentous achievement of sorting out their own mess (kind of) has left Rishi Sunak in a spot of bother ...

The Guardian - UK

Sunak suggests MPs will vote on proposed NI protocol deal and accuses Starmer of wanting to ‘surrender’ to EU – as it happened

PM says Commons will be given a chance to ‘express its view’ on any final deal

Fortune

Galois Capital—which shorted crypto fraud Terra—can’t avoid contagion of FTX

Galois has agreed to sell its claim against FTX.

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