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Friday newspaper round-up: Donald Trump, Telegraph sale, Blue Owl
(Sharecast News) - A new 33-strong drone unit is being deployed to investigate the scourge of illegal waste dumping across England, the government has announced. The improvements to the investigation of illegal waste dumping - which costs the UK economy £1bn a year - come as the ringleader of a major waste crime gang was ordered to pay £1.4m after being convicted at Birmingham crown court. - Guardian
Donald Trump forcefully defended his tariffs on Thursday, claiming "tariffs are my favorite word in the dictionary" and promoting their use to empower American manufacturing at an event in north-west Georgia. "Without tariffs, this country would be in so much trouble right now," Trump said during his remarks at Coosa Steel Corporation, a steel-processing and distribution firm in Rome, Georgia. - Guardian
Lisa Nandy has given permission for the Daily Mail owner Lord Rothermere to take a crucial step towards his planned £500m takeover of The Telegraph. In a letter to RedBird IMI, the UAE-backed venture which has held the option to acquire The Telegraph for more than two years, the Culture Secretary released legal restrictions on an onward sale. - Telegraph
A Wall Street giant has blocked investors from withdrawing money from one of its flagship private credit funds as concerns mount over a crisis in the shadow banking industry. New York investment firm Blue Owl scrapped plans to let investors take their cash from its $1.7bn (£1.3bn) fund, saying it would repay them in quarterly instalments over an extended period instead. - Telegraph
The owner of British Airways has asked the government to cap the cost of a new runway at Heathrow at £30 billion, less than two thirds of the estimate for the project. Luis Gallego, IAG's chief executive, says a £30 billion limit would allow the runway to be built without an increase in the airport's landing charges, warning that the price rises currently projected - some experts think per-passenger charges could double - would drive away traffic. - The Times
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