Chipotle Mexican Grill’s international boss Anat Davidzon said it has been ‘impressed’ by its momentum in the UK over the past year.

The FTSE 100 opened a touch higher but quickly swung into the red on Tuesday morning.

The changes also mean that the price of a second class stamp has risen by 4p to 91p.

Bill Ackman’s Pershing Square investment vehicle has proposed a deal to take control of the Dutch-US business, which runs Abbey Road studios.

Boss Thomas Ryder said the company believes it can benefit longer-term from catering for customers using weight loss treatments.

Restaurant backer Hero Brands is to expand into beauty for the first time as part of the deal.

The UK’s largest car manufacturer said it sold 95,300 vehicles to dealers in the three months to March 31, surging 61.1% against the prior quarter.

The Bank of England’s latest survey of finance bosses across UK companies also highlighted growing uncertainty over the business outlook.

The Bank of England’s latest Financial Stability Report (FSR) said the UK economic outlook has ‘deteriorated’.

The CMA could designate SMS status, which earmarks companies with an entrenched market dominance and can force them to make changes.

The food firm, which also makes the Napolina and Crisp ‘N’ Dry brands, said it is seeing ‘renewed inflationary pressures’.

The Scotch Malt Whiskey Society owner said the US government shutdown dragged on its sales and earnings in 2025.

The UK’s second largest fuel retailer also rejected accusations that petrol sellers might be ‘profiteering’ from higher pricing.

The UK’s third largest supermarket chain revealed on Friday that sales, excluding fuel, dropped by 3.3% to £21 billion in 2025.

The Office for National Statistics (ONS) said the total volume of retail sales, which measures the quantity bought, fell by 0.4% last month.

The bank has so far paid out £139,000 in compensation to 3,625 customers for distress and inconvenience linked to the incident.

Users could also face an increase in advance payments worth up to £400 at the start of their new lease.

The departing chief executive failed to rule out potential job cuts as the retail and funeral care firm seeks to bounce back from significant losses.

NS&I could pay as much as £400 million to affected customers, according to reports.

Last month, the Co-op defended its culture and the behaviour of its bosses after reports said senior managers had complained of a ‘toxic’ environment.