Weekly round-up: Hong Kong calling
Here is our run-through of some of the biggest business stories of the week, in which we saw another British company targeted by a foreign buyer. Plus, more small caps results and plenty of political shenanigans.
As expected, the takeover frenzy in London hasn’t come to an end. Britain might be hurtling towards food shortages, customs delays, disrupted supply chains, energy price rises, public disorder and carnage in Ireland – if we are to believe that every single worst-case scenario described by Operation Yellowhammer will come to pass if the UK leaves with no deal on 31 October – but that hasn’t stopped foreign investors from bargain hunting on the UK PLC high street. An uncomfortable combination of battered pound and beleaguered market has made British companies very attractive. The London Stock Exchange (LON: LSE) is…