#uk

UK CPI rose to 3.3% in March from 3.0% in February, in line with Reuters-polled expectations, while ONS data showed motor fuels made the largest upward contribution.

Schroders $SDR shareholders approved Nuveen's £9.9B acquisition with 99.92% of Scheme Shares voted for the Court Meeting resolution and 99.93% support at the General Meeting. The deal still needs court sanction and remaining conditions before the expected Q4 2026 close.

Intertek $ITRK rose 12.6% in London after confirming it rejected EQT's indicative £51.50-a-share cash proposal. The UK testing group said the offer fundamentally undervalued the company, while EQT faces a May 14 UK takeover deadline.

The UK has activated age verification requirements under the Online Safety Act, but the rollout has been rocky—Discord is dealing with significant fallout while gaming platforms struggle to balance compliance, user privacy, and community experience.

Discord is facing privacy concerns after changing its data handling vendor for UK age verification, with users calling it a 'privacy bait-and-switch.'