FT称Dassault Systèmes洽购ArisGlobal约20亿美元，Accor董事会调查CEO行为但未发现违规

FirstFT: Burnham plans policy blitz
Good morning, happy Friday and welcome to FirstFT. In today’s newsletter:
Andy Burnham plans blitz of policy announcements
Investors say BoE should slow or stop long-dated bond sales
Accor hired law firm to investigate conduct of CEO Sébastien Bazin
Meet the billionaire scions fighting to escape the family shadow
We begin with Andy Burnham, whose formal accession to power starts today.
Leadership change: The MP for Makerfield will begin his transition to head of the government today when he is officially announced as the new leader of the Labour Party at a special conference in London.
The handover as prime minister will take place on Monday when Sir Keir Starmer tenders his resignation to King Charles. Burnham will then travel to Buckingham Palace to formally assume office.
Policy blitz: Burnham will next week seek to hit the ground running as UK prime minister with early announcements on the cost of living, North Sea energy, social care and devolution, according to people briefed on his plans. Burnham will enter Number 10 next Monday lunchtime and start forming his cabinet.
Allies say his Downing Street speech to the nation will set out his core objectives. Meanwhile, Whitehall insiders say a “nascent grid” of early announcements is taking shape. Burnham’s allies also note he will go on regional visits to highlight his commitment to shifting power outside London. Read the full story.
Project ‘ABC’: Burnham will today be anointed Labour leader at the third time of asking after what a key ally has claimed was a year of planning.
Opinion: The incoming government’s economic policy must go beyond mere announcements and budget arithmetic, writes Mohamed El-Erian, professor of practice at Wharton School.
Here’s what else I’m keeping tabs on today and over the weekend:
Economic data: The EU releases June inflation data.
World Cup final: Reigning champions Argentina face Spain in New Jersey on Sunday.
Five more top stories
1. Big bond investors expect the Bank of England to slow or even stop its sales of long-term UK government debt this autumn, amid concerns that its so-called quantitative tightening is piling pressure on a fragile gilt market.
2. Exclusive: The board of hotel group Accor hired an elite Paris law firm to carry out a probe into the conduct of chief executive Sébastien Bazin, in response to allegations of conflicts of interest and favouritism under his leadership. Read the full story.
3. Exclusive: French conglomerate Dassault Systèmes is in talks to buy drug trial software maker ArisGlobal from Nordic Capital for about $2bn, in what would represent the latest successful exit for the Swedish private equity group. The potential deal would extend Dassault’s push into software used in life sciences.
4. Exclusive: Anglian Water has handed its chief executive £1.3mn in retention and other payments in a move that appears to sidestep the regulator’s powers to clamp down on bonuses. Read the full story.
5. US President Donald Trump used a lengthy primetime speech last night to cast doubt on the integrity of US elections, claiming “shocking vulnerabilities” in the electoral system and accusing China of a widespread effort to hurt his campaign in the 2020 election that he lost to Joe Biden.
Heirs apparent
Many millennial and Gen-Z members of the world’s biggest family businesses are preparing to take up the hereditary mantle. With more than $60tn poised to pass into their hands in the US alone before 2048 as part of the “great wealth transfer”, the role they play in family firms, philanthropy and their own enterprises will be of vital economic importance.
Some heirs are preparing to take over family businesses, but others are using their financial freedom to turn passions into businesses or start their own companies.
Here are the billionaire scions fighting to escape their families’ shadow.
We’re also reading . . .
Investor fatalism: Reports of a plan by Russia and China to disable satellites underline how markets are ignoring geopolitical threats to the tech boom, writes Gillian Tett.
Iran’s return to war: Tehran believes that further escalation will force the US to offer the security and economic relief the country craves, writes Vali Nasr, professor at Johns Hopkins University.
Dependency risk: An investor that backed Spotify and Revolut has warned that Europe’s reliance on US technology has become a strategic vulnerability.
Chart of the day
Are we really entering an AI-induced jobs apocalypse? Companies in sectors ranging from consulting to engineering are updating their hiring practices and training programmes, rather than cutting graduate positions. The heaviest adopters of the technology are actually bringing in more entry-level employees, whose roles are being reshaped for the AI era.
Take a break from the news . . .
From Lionel Messi to Erling Haaland, individual stars have shone brighter than ever at this World Cup. Simon Kuper writes about the joy of watching geniuses deliver.