According to the i, Chinese companies have “splurged” Â£3.8bn on mergers and acquisitions this year as China’s investment in UK business and infrastructure swells.
The analysis prepared for the i “shows how the Government’s cosy relationship with Beijing is reaping huge benefits,” the paper claims.
But it may not be cosy for much longer, warns the Times, which says a deal on Chinese investment in UK nuclear power may be unravelling just as Theresa May heads for a G20 summit in China next week.
Hinkley Point power station with Chinese finance may get approval after all, but the go-ahead for a Chinese-built station at Bradwell in Essex could be put off, says the paper.
“However, Beijing is resisting any attempt to unpick a deal that gives it a chance to gain a foothold for its nuclear industry in Europe,” the Times adds.
In the i Professor of International Development Jeffrey Henderson says Chinese involvement in British industry should be scrutinised, and firms controlled by the Communist Party “need to be kept out of politically strategic industries such as electricity generation.”
But the Financial Times reports that unions are demanding that Hinkley Point get the go-ahead, with one, Justin Bowden of the GMB, quoted as saying “The faffing must stop now”.
Another crucial economic question facing Britain, Brexit, still commands the attention of many papers, with Mrs May set to thrash out the question of how to make it work with her ministers later this week.
Weather for a carnival
- “At last, a blast of Sun before autumn” is how the Daily Express heralds an expected hot spell after a period of indifferent weather.
- “Today is going to be a great bank holiday for weather,” the paper quotes Met Office forecaster Chris Page as saying.
- The Daily Star links its fine weather predictions with pictures from Sunday’s events at the Notting Hill Carnival, headed “Summer goes out in a blaze of glory”.
- Many papers carry colourful Carnival pictures, among them the Guardian – but it wonders whether the many permits and forms involved mean red tape has “strangled the spirit” of the event after 50 years.
Some papers had been saying that Chancellor Philip Hammond wanted Britain to stay in the EU single market, to the annoyance of some Brexit ministers – these reports have been modified to some extent, with the Daily Telegraph saying Mr Hammond will suggest Britain “could leave the single market but retain access for the financial sector and car industry”.
The Guardian also reports that Mr Hammond wants Britain to retain access to the single market in specific sectors such as financial services while securing border controls.
Leo McKinstry’s column in the Daily Express has the headline “Politicians need to stop scheming and deliver Brexit”.
But for many writers it is pro-EU civil servants who are to blame for trying to put off Britain’s departure from the EU.
The Mail says the PM has “ordered Europhile civil servants to embrace Brexit”, adding that former civil service chief Lord O’Donnell “sparked fury” by saying quitting the EU was not inevitable. Dominic Lawson’s column in the paper is headed “Legal chancers and arrogant mandarins won’t stop Brexit”.
- Attacks on binmen double in three years with homeowners infuriated by complex recycling rules and restrictive rubbish quotas (Daily Mail)
- Make me a Sir and I’ll go even quicker, says Mo Farah – but he means a knighthood will help him get through passport control faster (Daily Mirror)
- The tiny distillery making Japan into a whisky superpower (Guardian)
- World’s biggest chess championship faces axe over Â£300k tax bill The Delancey UK Schools Chess Challenge is in dispute with the HMRC over VAT levied on its entry fees.
An MP has said “civil servants obstructing Britain’s exit from the EU should be sacked”, says the Sun.
But the Financial Times quotes the general secretary of the FDA, the senior civil servants’ union, as saying civil servants carry out the government’s orders regardless of their opinions, and the claims of obstruction are signs of “paranoia”.
There is coverage of the remark by Germany’s deputy chancellor that the EU will go “down the drain” if Britain is given too much of what it wants in a Brexit deal.
Some papers also remark that Sigmar Gabriel said talks between the EU and the United States on a trade deal known as TTIP had “de facto failed”.
The Express claims this boosts hopes of “a swift transatlantic deal for Britain” on trade.
“The failure of TTIP may strengthen the Brexiteers’ argument that Britain will be more nimble on its own” in securing trade deals, the Telegraph’s Tim Wallace thinks.
Almost every paper reports on a study which concluded patients at risk of heart conditions should be prescribed a Mediterranean-style diet including fruit, vegetables, fish and olive oil rather than being put on drugs such as statins.
The Daily Telegraph leads with the story, quoting report co-author Prof Giovanni de Gaetano as saying “We found that among those with a higher adherence to the Mediterranean diet, death from any cause was reduced by 37%.”
The Mail quotes the British Heart Foundation’s Prof Jeremy Pearson as saying: “Even if you already have a history of cardiovascular disease, adhering to a Mediterranean diet reduces the risk of death.’
But the papers find time to cover other aspects of the fight against disease. The Mail reports that researchers have found “eating at least six times a day could be the secret of beating heart disease”.
And the Telegraph quotes a study which found most UK patients suffering from heart failure may be denied life-saving drugs.
“Hundreds of thousands” of elderly heart failure patients may die as a result of not getting the right drugs, the Times reports.
Amid concern about the spreading of the Zika virus outside South America, the Financial Times reports that a cluster of 41 locally transmitted cases has been identified in one district of Singapore.
Earthquake concrete suspicions
- Coverage of the Italian earthquake tragedy continues with some papers voicing suspicion of Mafia involvement in building work.
- The Guardian quotes an Italian anti-Mafia chief as saying steps must be taken to stop organised crime winning construction contracts, as had happened with disasters in the past.
- According to the Times the damage may already have been done, with the collapse of buildings blamed on sub-standard cement sold to builders by the Mafia.
- The Telegraph says officials believe the effects of the quake were made worse by illegal construction and low-quality building materials.
The Express reports that almost 100 people have been diagnosed with the virus in the UK, mainly as a result of travelling in affected countries.
There are many pieces about the death of Channel swimmer Nick Thomas who was taken from the water just short of the French coast while taking part in an endurance event.
The Mirror reports the tribute of the Channel Swimming and Piloting Federation: “It’s an extreme sport; we know the risks. He was doing what he loved doing.”
Swimming in a wetsuit is not officially recognised in the event, the Sun quotes a Channel swim official as saying: “A Channel swim is an endurance event which puts the swimmer against the elements.”.