Axel Springer agrees to buy Telegraph Media Group in £575m deal Last year the Daily Mail and General Trust proposed to buy the company in a £500m takeover. Source
Surge in jet fuel prices could push up air fares, analysts warn Disruption to supplies from the Gulf due to the Middle East conflict has pushed the cost up by more than 80%. Source
Price of first class stamps to rise to £1.80 Royal Mail says the increase reflects the rise in delivery costs, but the move angers consumer groups. Source