Private equity keeps picking off London-listed firms – and Westminster barely notices | Nils Pratley
The Guardian

Private equity keeps picking off London-listed firms – and Westminster barely notices | Nils Pratley

Bodycote is the latest FTSE 250 industrial company set to fall to an overseas bidder, despite the government’s talk of ‘reindustrialising’The UK is in the business of “reindustrialising”, says the prime minister. If we are, an increasing portion of the activity will be under foreign ownership. Tuesday brought yet another overseas private equity swoop on a FTSE 250 industrial firm.This time it’s th...

Private equity keeps picking off London-listed firms – and Westminster barely notices
The Guardian

Private equity keeps picking off London-listed firms – and Westminster barely notices

Bodycote is the latest FTSE 250 industrial company set to fall to an overseas bidder, despite the government’s talk of ‘reindustrialising’The UK is in the business of “reindustrialising”, says the prime minister. If we are, an increasing portion of the activity will be under foreign ownership. Tuesday brought yet another overseas private equity swoop on a FTSE 250 industrial firm.This time it’s th...

Private equity’s London takeover spree goes on – and the politicians ignore it
The Guardian

Private equity’s London takeover spree goes on – and the politicians ignore it

The latest swoop – for Bodycote, another FTSE 250 industrial firm – has barely raised barely an eyebrow in WestminsterThe UK is the business of “reindustrialising”, says the prime minister. If we are, an increasing portion of the activity will be under foreign ownership. Tuesday brought yet another overseas private equity swoop on a FTSE 250 industrial firm.This time it’s the Macclesfield-based Bo...

Swinney sticks with pledge to cap prices on basic foods in Scotland

Swinney sticks with pledge to cap prices on basic foods in Scotland

The Guardian

First minister sets out his government’s agenda and defends policy described by industry groups as a ‘potty gimmick’John Swinney insisted on Tuesday he still planned to introduce a legally binding price cap on bread, milk and other essential food items in Scotland despite fierce opposition from farming and business groups.Unveiling the Scottish National party’s programme for government – the equiv...

Germany blames Russia for attempted drone attack at Leipzig airport

Germany blames Russia for attempted drone attack at Leipzig airport

SCMP

The German government on Tuesday blamed Russia for an attempted attack at Leipzig/Halle Airport last month using a drone laden with explosives, and announced that it would shut down a Russian consulate among other measures against Moscow. The drone was found near a Ukrainian plane on the evening of August 4, and the device was defused. German officials said at the time that the incident posed a ne...

SCO challenges West as diverse group of nations pursues multipolar future

Euronews

The summit of the Shanghai Cooperation Organisation, which represents almost half of the world’s population, ended with an aim to signal the rise of a global powerhouse challenging the West. Yet the SCO's diversity also revealed significant disagreements and divergent interests.

Meet Ingrid Alexandra: 22-year-old heir as King Haakon takes oath, future queen after 600 years

Meet Ingrid Alexandra: 22-year-old heir as King Haakon takes oath, future queen after 600 years

Times of India

Crown Princess Ingrid Alexandra, 22, has stepped into a historic new role as heir to Norway’s throne following King Haakon’s accession. As Haakon takes his constitutional oath, Ingrid Alexandra becomes the country’s first adult heir at the time of succession in modern history. If she becomes monarch, she could be Norway’s first reigning queen in over 600 years.

A Staten Island deli manager started paying kids for better report cards 3 years ago

A Staten Island deli manager started paying kids for better report cards 3 years ago

Times of India

A deli manager on Staten Island has sparked a remarkable movement by rewarding children for their academic achievements. This initiative has successfully gathered an impressive $500,000 to procure school supplies, benefiting numerous students. Thousands received fully stocked backpacks just in time for the new school year, showcasing how community backing can elevate a simple idea into a significa...

UK entrepreneur makes £500,000 political donation to Restore Britain

UK entrepreneur makes £500,000 political donation to Restore Britain

The Guardian

Simon Galbraith says Rupert Lowe’s party can ‘spark a British renaissance’ if it gets into powerUK politics live – latest updatesThe hard-right Restore Britain party has got its first major donation of £500,000 from an IT entrepreneur in a sign it may continue to pose a threat to Nigel Farage’s Reform UK.Rupert Lowe, an MP who left Reform UK before starting his own party, announced on Tuesday that...

Burnham says Brexit brought ‘decade of low growth’ in first Commons address as prime minister – UK politics live

Burnham says Brexit brought ‘decade of low growth’ in first Commons address as prime minister – UK politics live

The Guardian

PM says he has a ‘clear diagnosis of what has gone wrong’ with UK, and pays tribute to Keir Starmer after his predecessor quit parliamentMy colleague Richard Partington, the Guardian’s senior economics correspondent, grew up, like Andy Burnham, in the Warrington suburb of Culcheth. He has been home to find out what people there are saying about the new PM.Yesterday, Kemi Badenoch announced a reshu...

US lawmakers demand investigation into Trump administration’s secret surveillance of Americans

US lawmakers demand investigation into Trump administration’s secret surveillance of Americans

The Guardian

Exclusive: Two congressmembers respond to revelations of government snooping on journalists, non-profits and unionsTwo congressional Democrats asked a government watchdog Tuesday to investigate the Trump administration’s use of an obscure law to secretly collect records on journalists, non-profits and unions without judicial oversight.The request from the senator Ron Wyden of Oregon and the repres...

Is flying a shark drone a boring job? Possibly – until suddenly it isn’t

Is flying a shark drone a boring job? Possibly – until suddenly it isn’t

The Guardian

Taha Kafil-Hussain flies a drone above Coogee beach. Mostly he zooms in on seaweed or turtles – but occasionally he spots a shark and clears the waterFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast“Hey Taha, what’s the visibility like?” shouts a man with a towel slung over his shoulder.“Uh, nice,” says Surf Life Saving New South Wal...