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At Close of Business podcast June 16 2026

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At Close of Business podcast June 16 2026
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Business

Hartman steps in to run Force after CEO departure

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Hartman steps in to run Force after CEO departure

Tattarang chief executive John Hartman will lead the Western Force following the departure of Niamh O’Connor, placing the head of Andrew Forrest’s private investment group at the centre of one of WA rugby’s most significant transitions.

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Business

Why is Huber+Suhner stock sliding today?

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Why is Huber+Suhner stock sliding today?

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Why This AI Data Center Stock Is Surging 21% on an AMD Parternship

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Why This AI Data Center Stock Is Surging 21% on an AMD Parternship

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Lanxess Still Muddling Through A Painful Multiyear Cyclical Trough

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Lanxess Still Muddling Through A Painful Multiyear Cyclical Trough

Lanxess Still Muddling Through A Painful Multiyear Cyclical Trough

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How the Iran war affects your money and bills

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How the Iran war may affect your bills and finances

The conflict in the Middle East has increased pressure on the cost of petrol, household energy bills and even food.

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Business

Funds available to help with back-to-school costs

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Funds available to help with back-to-school costs

Applications open for funding to help families with the cost of school essentials.

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Somerset electric car battery gigafactory ‘parts ways’ with main builder

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Tata-owned battery maker Agratas is replacing Sir Robert McAlpine on its flagship £4bn project

Aerial view of Building One of the Agratas gigafactory within the Gravity enterprise zone, looking north-east. CREDIT: Agratas. Free to use for all BBC wire partners.

Aerial view of Building One of the Agratas gigafactory within the Gravity enterprise zone(Image: Local Democracy Reporting Service / Agratas)

The owner of the giant electric vehicle battery factory being built in Somerset has parted ways with its main contractor, it has confirmed.

Agratas, part of Indian conglomerate Tata, is currently building the first phase of its huge £4bn plant at the Gravity enterprise zone between Puriton and Woolavington. The factory will supply electric batteries to Jaguar Land Rover as well as Tata Motors once operational, which is expected to be late next year.

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Contractor Sir Robert McAlpine, which is also involved with the Bristol Temple Quarter Enterprise Campus, has completed the first phase of the works but will depart the project at the end of the month. Agratas will then install a new construction partner for the vast plant’s next phase.

The battery giant has not revealed which firm will replace McAlpine, but it is understood that logistics and data centre specialist TSL could be in line for the job.

An Agratas spokesperson said: “As the project has progressed, we have determined that a different construction delivery model is needed to support the next phase of our development.

“Following a review of the project’s requirements, we have decided to transition to a new construction partner. We thank our existing construction partner for their support to date.

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“This change reflects the evolving needs of the project, positioning us to deliver the next phase with the capability and focus required to meet our objectives safely, efficiently and on schedule.”

A spokesperson for Sir Robert McAlpine said: “Having successfully completed the first phase of Agratas’s battery manufacturing facility in Somerset, following extensive discussions, we have mutually agreed to part ways.

“We are now working closely with Agratas to support a smooth and orderly transition to a new construction partner.

“We are immensely proud of the progress and achievements made to date, done so in true partnership with our supply chain partners and remain committed to supporting Agratas with the effective handover to the next phase.”

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Agratas secured a £380m government investment for its Somerset project in April. At the time, business secretary Peter Kyle said the funding would guarantee the facility would be “economically impactful, effective and commercially viable”, while safeguarding local jobs and supporting the UK’s shift away from fossil fuels.

The gigafactory, which is based on a site near the M5 that is bigger than Monaco, is expected to generate up to 4,200 jobs once all phases are fully operational, while also unlocking 300 local apprenticeships.

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Bill Simmons Predicts LeBron James Will Join Golden State Warriors in Bold Free Agency Call

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LeBron James #6 and Anthony Davis #3 of the Los Angeles Lakers

ESPN analyst Bill Simmons has made one of the most provocative predictions of the NBA offseason, declaring he would bet his life on LeBron James signing with the Golden State Warriors as the superstar enters unrestricted free agency this summer.

The comment, made during a recent podcast discussion, highlights the growing buzz around James potentially teaming up with Stephen Curry and the Warriors in what could be one of the most intriguing moves of his legendary career. With James’ $52.6 million contract with the Los Angeles Lakers expiring, speculation has linked him to a return to Cleveland or staying in Los Angeles, but Simmons believes Golden State is very much in play.

“This one is a really fun one because the Warriors are really in play now, like for real,” Simmons said. “I really feel like if I had to bet my life on a team, I’d think I would bet on them. I’m not actually betting it, but I think that would be the move for me.”

The prediction adds fuel to an already active rumor mill surrounding James, who averaged 20.9 points, 6.1 rebounds and 7.2 assists per game last season at age 41. While many teams are reportedly only willing to offer him a minimum contract due to his age, James’ performance and desire to compete for another title could make him selective about his next destination.

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Warriors Positioned as Intriguing Option

The Warriors enter the offseason with significant salary cap considerations but also a clear window to contend while Curry remains in his prime. Golden State has already made moves to reshape its roster, and the prospect of adding James — even on a shorter deal — could create a formidable lineup alongside Curry, Draymond Green and other key pieces.

Simmons’ confidence stems from recent reports that James is intrigued by the possibility of playing with Curry. The two have shared strong chemistry during All-Star Games and USA Basketball appearances, raising the possibility of a seamless on-court partnership. For James, joining the Warriors would offer a chance to chase another championship in a system known for movement, spacing and high-level basketball IQ.

However, financial realities present challenges. The Warriors are projected to have a substantial payroll exceeding the luxury tax threshold. Clearing cap space through trades or convincing James to accept a team-friendly deal would be necessary. Some analysts suggest the Warriors might prioritize other targets, but the allure of pairing James with Curry has generated significant discussion league-wide.

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LeBron’s Free Agency Landscape

James’ free agency represents one of the most anticipated storylines of the summer. After leading the Lakers through another competitive season, the four-time NBA champion faces decisions that could define the final chapter of his career. Loyalty to Los Angeles, a return to Cleveland where he won his first title, or a bold new chapter elsewhere all remain possibilities.

The 41-year-old has consistently defied age expectations, maintaining elite production while expanding his influence off the court through business ventures and media. His decision will likely balance competitive opportunity, family considerations and legacy-building factors.

Teams across the league are monitoring the situation closely. While some may only offer veteran minimum deals, contenders with cap flexibility or trade assets could emerge as serious suitors. The Warriors’ interest, amplified by Simmons’ bold take, adds another layer to the speculation.

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Potential Impact on Golden State

A James addition would instantly transform the Warriors’ outlook. The team has shown flashes of contention in recent seasons but has struggled with consistency and depth. Pairing James with Curry could create one of the most potent offensive duos in NBA history, while his playoff experience would provide valuable leadership in high-stakes moments.

Green has publicly expressed openness to the idea, and the organization’s history of integrating star talent suggests they could make it work. However, roster construction challenges, luxury tax implications and the need to maintain long-term flexibility would require careful management by general manager Mike Dunleavy Jr.

For James, the move would represent a new challenge in a familiar Western Conference. Having faced the Warriors in multiple Finals, he would now join forces with former rivals in pursuit of a fifth championship. The narrative potential alone has captured the imagination of fans and analysts alike.

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Broader Offseason Implications

James’ decision will ripple across the league. Teams planning around his potential landing spot must adjust their strategies, whether pursuing him directly or positioning themselves as alternatives. The Warriors’ pursuit could influence other free agent and trade discussions as rosters take shape.

The NBA offseason promises to be one of the most active in recent memory, with several star players entering free agency or seeking trades. James remains the biggest prize, and his choice will set the tone for how contenders build around veteran talent versus youth movements.

Simmons’ willingness to “bet his life” on the Warriors adds entertainment value to the speculation. As a longtime observer and vocal NBA analyst, his take carries weight among fans even if it remains one voice among many. The podcast discussion highlighted the fun and unpredictability of the summer league calendar.

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Legacy Considerations for James

At this stage of his career, James has little left to prove on the court. He ranks among the all-time leaders in points, assists and playoff victories. His next move will be scrutinized through the lens of legacy — whether he chases another ring, prioritizes family or explores new challenges.

A move to Golden State would create compelling storylines, from reuniting with former USA teammates to facing his former Lakers squad. It would also test his adaptability in a system built around motion offense and three-point shooting, areas where he has excelled throughout his career.

Regardless of where he lands, James’ influence on the league remains immense. His business acumen, media presence and advocacy work extend his impact far beyond basketball. The upcoming decision represents another chapter in a career defined by bold choices and exceptional performance.

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As free agency heats up, all eyes remain on James and the Warriors. Simmons’ bold prediction has added intrigue to an already compelling situation, reminding fans why the NBA offseason captivates audiences even when games are not being played. The coming weeks will reveal whether the speculation turns into reality or remains one of many intriguing possibilities in a star-driven league.

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Shark deaths prompt calls for more drumlines, research

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Shark deaths prompt calls for more drumlines, research

The national organisation representing spear fishers has called on the Cook government to increase the number of drumlines in targeted areas to catch, tag and release more white sharks.

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Shares trim losses as RBA holds rates, outlook unclear

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Shares trim losses as RBA holds rates, outlook unclear

Australia’s share market has squared an early dip for an almost flat finish, after the Reserve Bank held the cash rate steady and flagged a data-dependent path ahead.

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