UK private equity firms sharply increase use of offshore funds

UK private equity firms sharply increase use of offshore funds

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. UK private equity firms have sharply increased their use of offshore jurisdictions since Brexit, raising concerns about transparency just as the industry is pulling in more money from individual investors. British groups set up half…

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Russia strike leaves 1,000 Kyiv apartment blocks without heating

Russia strike leaves 1,000 Kyiv apartment blocks without heating

More than 1,000 apartment blocks in the Ukrainian capital Kyiv remain without power after a Russian bombardment of the country’s energy system overnight. Strikes on Friday disabled heating during a cold snap, with President Volodymyr Zelensky saying Russia had launched 1,100 drones, more than 890 guided aerial bombs and 50 missiles, including ballistic, cruise and…

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Bride and groom among eight killed in wedding gas cylinder blast

Bride and groom among eight killed in wedding gas cylinder blast

A bride and groom were among eight people killed in a gas cylinder blast just hours after a wedding reception in Pakistan. Seven were also injured in the explosion in the capital, Islamabad, on Sunday. Police said the blast happened as guests were sleeping at a house, which caused part of the building to collapse.…

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Nobel Institute responds to claims Maria Corina Machado could give Peace Prize to Donald Trump

Nobel Institute responds to claims Maria Corina Machado could give Peace Prize to Donald Trump

The organisation that oversees the Nobel Peace Prize has dismissed claims that Venezuelan opposition leader Maria Corina Machado could give her recent award to President Donald Trump.  The Norwegian Nobel Institute said Friday that once a Peace Prize is announced, it cannot be revoked, transferred, or shared. “The decision is final and stands for all…

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Grateful Dead singer and guitarist Bob Weir has died

Grateful Dead singer and guitarist Bob Weir has died

Bob Weir, guitarist, singer and founding member of the Grateful Dead, has died at the age of 78. His daughter, Chloe Weir, confirmed Weir – who was diagnosed with cancer in July – died “peacefully, surrounded by loved ones” after developing “underlying lung issues”. Weir was one of the ⁠group’s two frontmen and main vocalists…

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There’s a daily game of cat and mouse to catch illegal migrants in Germany – and it may soon become UK’s problem

There’s a daily game of cat and mouse to catch illegal migrants in Germany – and it may soon become UK’s problem

In Germany’s fight against people smugglers, Chief Inspector Igor Weber’s Pasewalk force is on the frontline. Their patch includes part of the border area with Poland, a popular spot for people trying to cross illegally into Germany. At the police headquarters, the chief inspector shows us a line of smugglers’ vehicles, which were seized while…

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How did Gen Z become the most religious generation alive?

How did Gen Z become the most religious generation alive?

“I remember when I was in school I would tell people I believed in God and they would be like ‘you’re a loser’. Now I couldn’t be prouder, it’s becoming more normal.” Love Island and TOWIE star Matilda Draper isn’t your average Christian evangelist – but the 25-year-old is one of a growing number of…

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