Business

Cobham: National security fears threaten defence takeover

Image copyright Cobham The government is to intervene in a US private equity firm’s takeover of UK defence and aerospace firm Cobham, citing national security concerns. Advent International made a £4bn offer to buy Cobham in July and shareholders approved the deal last month. But Cobham’s founding family raised concerns about the company’s future and

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Cash machines closing fastest in poor areas, chancellor told

Image copyright Getty Images Millions of people who rely on cash will be left behind without urgent action from the government, Chancellor Sajid Javid has been warned. Consumer association Which? said that free-to-use cash machines were disappearing quicker in deprived areas than in affluent ones. Campaigners want Mr Javid to implement a cash guarantee for

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