1 One of the world’s most aggressive activist hedge funds is targeting a break-up of SSE, the British energy group. Elliott Management has built a stake in the London-listed power provider and has called on the company to split off its renewables business.
2 Employers’ groups have given a mixed reaction to a delay to the implementation of post-Brexit border checks on certain imported goods and have warned the government that it must do more to help traders to prepare. The government yesterday pushed back the majority of the looming red tape until July 2022.
3 The chancellor has spoken out in support of private equity taking over British listed companies, saying that the deals signified “good news for our economy”. Private equity firms