00:00Hello and welcome to our latest business brief on Monday the 19th of May.
00:05JusteatTakeaway.com is set to be snapped up by Dutch tech investor Proces.
00:09The £3.4 billion offer follows a provisional agreement made in February.
00:13Proces already owns a major stake in Delivery Hero and says the move will create a European tech champion.
00:19Justeat will keep its name, brands and Amsterdam base after the takeover.
00:24Drinks giant Diageo says new US tariffs will cost it over £112 million a year.
00:29The Guinness and Johnny Walker maker faces a 10% import tax on UK and EU goods heading to America.
00:36It's launched a £375 million cost-cutting plan to help offset the hit and protect profits.
00:41Despite the pressure, sales still rose nearly 3% last quarter, driven by strong demand for Guinness.
00:47There's been a breakthrough in Zakir Starmer's talks to secure a new deal with the EU.
00:52Sources say progress was made late last night, though there are still steps to take before an agreement is finalised.
00:57The Labour leader has made closer European ties a priority since taking office.
01:03Centrica says the UK's biggest gas storage site could shut without government help.
01:07Boss Chris O'Shea has warned the rough facility may lose £100 million this year.
01:12He says investing £2 billion to upgrade it won't pay off without support.
01:16Without backing, the site will be decommissioned and key energy capacity lost.
01:20The average asking price for a home in Britain has hit a record high for the second month in a row.
01:26Rightmove says sellers were asking just under £380,000 in May, up £2,300 on April's figure.
01:32The property site says the market is still adjusting after a rush earlier this year triggered by stamp duty changes.
01:38And more than a third of UK consumers now use AI to shop.
01:42That's up nearly 40% on last year.
01:45A survey found 30% have used artificial intelligence to help choose clothes, meals and other products.
01:51Over half said it helped inspire them or cut through the online noise.
01:55The biggest increase was among 44 to 59-year-olds, but younger shoppers still lead the way.
02:00That's all for today. Thank you for listening.
02:02Thank you for listening.
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