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Meet the private equity princeling gunning for the UK's defence industry

Shonnel Malani is a managing director at the London branch of US private equity firm Advent International, where his work has included overseeing the takeovers of Laird and Cobham. ....

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Letters: The massive rise in home electricity bills is only going to get worse and antagonise voters

Letters: The massive rise in home electricity bills is only going to get worse and antagonise voters
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

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Former Royal Navy chief torpedoes foreign raids on UK defence firms

Former Royal Navy chief torpedoes foreign raids on UK defence firms
Admiral Lord West is the latest public figure to sound the alarm on takeover offers for British defence companies Meggitt and Ultra Electronics
He believes there would be a ‘real risk’ to the UK’s long-term security and military capabilities if the FTSE 250 firms are sold
Meggitt has agreed a £6.3bn deal with US industrials giant Parker-Hannifin ....

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ALEX BRUMMER: Why placing a price on pledges is of utmost importance

Whitehall s indifference to the defence and national security implications of private equity and overseas bids in Britain s aerospace and engineering sector is disturbing.
In spite of a heavily redacted national security report on the sale of aerospace group Cobham to Advent, warning of its importance to UK defences, it was sold off with few safeguards.
At the time of the proposed 2012 merger of the UK s defence industry leader BAE with Europe s Airbus it took an intervention from Angela Merkel, concerned about production in Germany, to scupper the transaction while Britain sat on its hands.
Whitehall s indifference to the defence and national security implications of private equity and overseas bids in Britain s aerospace and engineering sector is disturbing, says Alex Brummer ....

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US accuses UK of 'lax' security after top secret dossier found dumped in Kent bus stop

US accuses UK of 'lax' security after top secret dossier found dumped in Kent bus stop
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

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