Politics Gen XYZ

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Government signs off on £4 billion takeover of defence giant Cobham

 

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The Government has given the green light to a £4 billion takeover of UK defence company Cobham by a US private equity firm.

 

A merger between the Dorset-based manufacturer and US firm Advent was agreed to in July, however the acquisition was delayed so that the Government could address national security concerns raised by the takeover.

 

The Government officially signed off on the merger on Friday after Advent proposed a number of legal undertakings aimed at mitigating any potential national security concerns.

 

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17 minutes ago, fraufruit said:

Oooooh. The car boot sale has begun!

As quoted a member of the Cobnham family, the assurances are not worth the paper they're written on. China and Russia are loving it.

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Here's Jeremy Corbyn training as a pizza delivery driver. 

 

corb.JPG.6f508454d6b3712f749caa3a19572d5

 

Free pizzas for everyone, apparently. 

 

:lol:

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Honours snub could make John Bercow first former speaker in 230 years not to receive peerage

 

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The move would be seen as 'revenge' from prime minister Boris Johnson and his predecessor Theresa May over the handling of Brexit, after earlier this year media reports claimed Bercow would not receive automatic peerage.

 

The former speaker had previously revealed he had backed Remain in the EU referendum, and was accused of bias from prominent Brexiteers for his handling of Brexit in House of Commons business.

 

A government source told Mail Online: "No one in this government will be rushing to give Bercow a peerage. He likes to think of himself as a reforming speaker, yet he's been dogged by scandals and given up any pretence he is impartial.

 

"With bullying claims, his Brexit bias and a willingness to ride roughshod over established procedures, this speaker has undermined public faith in parliament."

 

However such peerages do not usually form part of the honours list and are usually granted by the Monarch at the House of Commons' request.

 

Any move to prevent automatic peerage would depart with a tradition in the House of Commons lasting hundreds of years. Even Michael Martin, who was criticised for handling of the expenses scandal in 2009, went on to become a life peer until his death in 2018.

 

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On 12/19/2019, 4:21:22, Wulfrun said:

5dfaeca8b0033_15000lies.jpg.d4e23a814bb1

They will also tell you that they are going to increase the number of light bulbs you have by one, including the one you have, for a total of one..

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