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BBCOct 7Preview

Boots sold in £7bn deal to Canadian billionaire family

The sale of the High Street chain was announced on Wednesday.

GuardianOct 7Preview

‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left

TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodusApparent exodus of super-rich suggests UK is no longer billionaires’ playgroundWhen the Sunday Times broke the news that David Reuben, one of the richest men in the UK, had apparently fled to the tax haven of Monaco, there was much pearl clutching. Reuben had moved from his Holland Park house in London to live full-time in the principality.Labour’s tax regime was blamed and there were said to be fears there would be a cascading effect across the economy, with wealth draining from the UK. It was reported that he had probably left because of potential taxes on wealth in the upcoming budget. Continue reading...

Helena HortonTax and spendingThe super-rich

GuardianOct 7Preview

‘Catastrophic wildfire loop’ after colonisation left parts of Australia more at risk from bushfires, study finds

Researchers found the shift from open woodland to dense forest after 1788 led to more intense fires, consistent with loss of cultural burning practicesSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereThe drastic land use changes wreaked by colonisation created a “catastrophic wildfire loop” that rendered south-east Australia more susceptible to climate-fuelled bushfires, experts say.A team of researchers, working with the Gunaikurnai Land and Waters Aboriginal Corporation, an organisation that represents traditional owners, reconstructed 1,000 years of vegetation and fire history at Purghagoolah, a lake surrounded by forest in Croajingolong national park in Gippsland, Victoria. Continue reading...

Petra StockEnvironmentBushfires

GuardianOct 7Preview

‘A real-life moment from The Castle’: the retired Australian couple who took on a coal giant and won

Wendy Wales and Tony Lonergan’s four-year fight over MACH Energy’s Mount Pleasant coalmine went all the way to the high courtSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereWhen Wendy Wales and Tony Lonergan and a few of their neighbours in the New South Wales Hunter region decided to take on the expansion of a local coalmine, people thought they were “crazy” to engage in the David and Goliath battle.“When we started this, people thought we were crazy – a little community group taking on a billion-dollar coal company, arguing that the climate harm from burning this coal is our problem too,” Wales says.Sign up to get climate and environment editor Adam Morton’s Clear Air column as a free newsletter Continue reading...

Lisa Cox Environment and climate correspondentEnergyClimate crisis

GuardianOct 7Preview

Why do billionaires have so many children if they’re not prepared to parent them? | Arwa Mahdawi

Kim Kardashian’s revelation that she has five nannies for four children caused a ruckus. But the world of the ultra-wealthy throws up far more extreme approaches to childcare“I have the best advice for women in business,” Kim Kardashian told Variety in 2022. “Get your fucking ass up and work. It seems like nobody wants to work these days.”The billionaire got a lot of flak for this comment but no one can accuse her of being a hypocrite. It takes serious graft to spin a sex tape into lasting fame and a business empire. That said, like many high-flyers who preach the importance of hard work, the Skims co-founder isn’t above outsourcing the less glamorous domestic labour. She has primary custody of the four kids she shares with her ex-husband, Kanye West, and, according to an interview with the Sunday Times, employs five nannies to take care of them: “One nanny on duty, four on rotation,” sh

Arwa MahdawiKim KardashianParents and parenting