The majority of UK renewable energy projects do not progress beyond the planning stage

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The majority of UK onshore renewable energy projects do not progress beyond the planning stage, according to an analysis which highlights the challenges the country still faces in meeting its clean energy targets. According to … Read more

Diageo sells majority stake in Guinness Nigeria to Singapore’s Tolaram

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Diageo is selling its majority stake in subsidiary Guinness Nigeria, becoming the latest Western company to scale back its presence in Africa’s most populous country due to a prolonged currency crisis and economic downturn. The … Read more

TDR acquires a majority stake in Asda as the Issa brothers split the empire

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Zuber Issa, who co-owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owner TDR Capital in a deal that will see the private equity firm become … Read more