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Private equity turns to co-investments as UK dealmaking regains momentum

Private equity investment in the UK is showing renewed signs of life, as dealmakers adapt to higher interest rates, tighter lending conditions and growing pressure from investors for more control and lower fees. While mega-buyouts remain subdued, a quieter but significant shift is under way: the rise of co-investments in private markets. After two years of muted activity, UK-focused private equity firms are increasingly targeting mid-market opportunities, platform acquisitions and bolt-on deals, particularly in sectors...

2028 power move: Turning Point’s Erika Kirk throws support behind JD Vance as MAGA ‘heir apparent’

Vice President JD Vance speaks Sunday at Turning Point USA’s America Fest conference. But the vice president landed a major endorsement when the annual conference, held by the increasingly influential conservative group, kicked off on Thursday. Ericka Kirk, widow of the assassinated Turning Point co-founder Charlie Kirk, endorsed Vance in the 2028 presidential election during her speech in front of thousands of activists gathered in Phoenix, Arizona. ‘We are going to get my husband’s friend...

Democrats’ last-minute move to block GOP funding plan sends lawmakers home early

Senate Republicans tried to advance a funding package as their last act of the year, but a last-minute block by Senate Democrats sent lawmakers home frustrated as the deadline to fund the government creeps closer. Lawmakers have spent the last month since the government shutdown building consensus on a five-bill spending package that would go a long way toward preventing another one come Jan. 30. The package would have funded the departments of Defense, Labor,...

134 House Republicans demand ‘assurances’ before US eases Syria sanctions

More than 100 House Republicans are demanding increased oversight of Syria as the U.S. prepares to repeal longstanding sanctions against the country. Reps. Josh Brecheen, R-Okla., and Marlin Stutzman, R-Ind., are leading 134 fellow GOP lawmakers in calling for guarantees that the Syrian government will adhere to terms in the National Defense Authorization Act (NDAA) that set the stage for repealing those sanctions, while warning the U.S. needs to be prepared to reverse that if...

UK borrowing hits second-highest level on record despite tax take surge

UK government borrowing has climbed to its second-highest level on record for the first eight months of the financial year, underlining the scale of the challenge facing Rachel Reeves despite stronger tax receipts. Figures from the Office for National Statistics (ONS) show that the government borrowed £132.3 billion between April and November, £10 billion more than over the same period last year. The only higher total for that stretch of the year was recorded in...

Deadly strike on US troops tests Trump’s counter-ISIS plan — and his trust in Syria’s new leader

A deadly insider attack that killed two U.S. service members in Syria is prompting fresh scrutiny of the Trump administration’s counter-ISIS approach and its rapid embrace of Syria’s new leader, Ahmed al-Sharaa.  While Republican lawmakers largely urge a stronger campaign to contain ISIS, the shooting has exposed vulnerabilities inside Syria’s fledgling security institutions and raised new questions about whether the U.S. can rely on Syrian forces as the administration seeks to stabilize the country. The...

You Employ Us. We Employ Change

The strategy behind goZeal’s movement to transform talent and the future of work In 2025, when “flexibility” is marketed as a perk and “diversity” is measured as a KPI, goZeal is taking a different approach. Founded by Sanghamithra (Sangha) Penesetti, the company is not following the traditional rules of recruitment and workforce development. Instead, it is rewriting them. goZeal’s mission is simple: “You employ us. We employ change.” This phrase reflects more than a tagline....

Apprentice winner Tom Pellereau buys out Lord Sugar to regain full control of Styl Pro

Tom Pellereau, the first winner of The Apprentice to secure an equity investment from Lord Sugar, has regained full ownership of his business after buying out Lord Sugar’s 50 per cent stake. The deal, agreed 14 years after the original investment, returns Styl Pro to 100 per cent founder ownership and marks the end of one of the show’s longest-running business partnerships. Financial terms of the buyout have not been disclosed. Pellereau founded Styl Pro...

Rubio unloads on ‘alarmists,’ touts State Dept disaster response after USAID closure

Those worried about shuttering the U.S. Agency for International Development (USAID) were wrong, according to Secretary of State Marco Rubio, who touted the agency’s record in delivering support in the wake of Hurricane Melissa that ravaged the Caribbean in October.  Although USAID historically functioned as an independent agency to deliver aid to impoverished countries and development assistance, the State Department announced in March that it would absorb remaining operations and functions in an effort to...

Trump Media to merge with fusion energy firm in $6bn bid to enter nuclear power race

Trump Media & Technology Group, the company behind President Donald Trump’s Truth Social platform, is set to merge with fusion energy company TAE Technologies in a deal valuing the combined business at more than $6bn (£4.4bn). The tie-up, announced by the two companies on Thursday, marks a striking strategic pivot for Trump Media, taking it beyond social media and financial products into the fast-developing world of next-generation energy. The firms said the transaction would create...