EU confirms it wants UK to pay into its budget in exchange for closer ties

Peers in the House of Lords have called for the UK government to take control of the sale of the Telegraph, suggesting that an independent body such as the Competition and Markets Authority (CMA) or the Cabinet Office should oversee the auction. This request follows concerns regarding the handling of the sale process by the culture department and the involvement of RedBird IMI, which is primarily funded by the United Arab Emirates.

The UK government has announced plans to ban the resale of tickets for profit, aiming to protect fans from inflated prices and unfair practices in the ticketing market. This decision is seen as a positive step towards ensuring fair access to events for all fans.

The UK government has officially announced a ban on the resale of tickets for profit, a move described by a minister as a 'no-brainer.' This decision follows discussions among ticket touts in London, where they expressed concerns about Labour's plan to eliminate their business model. A seasoned ticket trader even sought financial support to lobby against the party's election manifesto pledge.

The European Commission has been accused of a significant rollback of digital protections following proposals to delay key aspects of the Artificial Intelligence Act and dilute data protection regulations. If implemented, these changes would allow tech companies to utilize personal data for AI model training without user consent and reduce the frequency of consent requests for online tracking.

Aer Lingus, the flag carrier of Ireland since 1936, is considering permanently leaving its base in the city. The airline, known for its green livery and warm customer service, faces challenges due to its geographical location and market conditions. This potential decision marks a significant moment in the airline's nearly 90-year history.

The latest data from the Land Registry indicates that UK house prices have been negatively affected by a slump in September, coinciding with uncertainty surrounding the upcoming Autumn Budget. This decline reflects broader concerns in the housing market as economic conditions remain unstable.

The Netherlands has suspended its state seizure of the Chinese-owned chipmaker Nexperia, pausing a dispute that had threatened global car production. Dutch Economic Affairs Minister Vincent Karremans announced the decision, which aims to alleviate tensions between the EU and China over semiconductor supply chains.

UK pay settlements have reached their highest levels in 2025, according to Brightmine. This increase reflects ongoing adjustments in the labor market as companies respond to inflationary pressures and the need to attract and retain talent. The rise in pay settlements is a significant indicator of the economic landscape in the UK.