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Why UK private equity is ‘encouraged’ by Labour’s signals on promised tax crackdown

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s private equity industry has welcomed as “encouraging” shadow chancellor Rachel Reeves’s suggestion that buyout executives who invest in their funds would continue to enjoy favourable tax treatment.The Labour party…
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PH, Chinese ships collide in Ayungin

(UPDATES) FILIPINO and Chinese vessels collided near Ayungin (Second Thomas) Shoal in the South China Sea on Monday, the China Coast Guard (CCG) said, but the Philippine military called the report "misleading and deceptive." Known in Chinese as the Ren'ai Reef, Ayungin Shoal has…
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