Wednesday newspaper round-up: UK borrowing costs, Channel 4, Anduril

(Sharecast News) - The "premium" that the UK pays to borrow money compared with its international peers may be coming to an end as markets grow more confident about the government's plans, a thinktank has suggested. The Institute for Public Policy Research (IPPR) said that the chancellor Rachel Reeves's announcement in the autumn budget that she would be more than doubling the UK's financial headroom by 2030 from £9.9bn to £22bn had begun to assure bond markets about Labour's fiscal approach. - Guardian Channel 4 has raided Sky for its new chief executive as the broadcaster faces the prospect of a takeover of ITV by Comcast that would pose the biggest threat in its four-decade history. Its board is understood to have agreed the appointment of Priya Dogra, the head of Sky's advertising, data and new revenue, as its new chief executive. - Guardian

Ed Miliband's plans to build the Sizewell C nuclear power station are facing a High Court legal threat over claims it will destroy a rare bird habitat. Activists are seeking a judicial review to force the Government to revisit plans for the project, which they say is being built on land occupied by endangered marsh harriers. In a hearing on Tuesday, the Together Against Sizewell C (TASC) campaign group raised concerns over Sizewell C's plans to build 10-metre-high flood defences on Suffolk marshland. - Telegraph

US defence giant Anduril is planning to build fighter drones for the British Army on the Isle of Wight as defence chiefs seek to embrace the age of autonomous warfare. The company - founded by Palmer Luckey, the billionaire US inventor - has agreed a deal with GKN Aerospace that could see it manufacture the aircraft's bodies in Cowes. - Telegraph

Elon Musk's SpaceX is said to be preparing for an initial public offering that would be one of the biggest public listings to date. SpaceX's leaders and advisers are pursuing a listing of the rocket maker as soon as next year that would target a valuation of about $1.5 trillion, Bloomberg News reported. That valuation would put it close to Saudi Aramco's record when it listed in 2019 at a valuation of $1.7 trillion. - The Times