Some of Britain's biggest high street brands are changing hands. From the £6.7bn Boots takeover to Starbucks' rumoured acquisition of Chipotle and PizzaExpress potentially being sold again, what's driving this wave of deals?

This week, Anthony Cheung and Stephen Barnett explore the private equity shake-up transforming UK retail, how billionaire investors make money from familiar brands, and why rising interest rates are forcing firms to rethink their investments.

We unpack the financial engineering behind leveraged buyouts, the strategy behind the Boots acquisition, and what it all means for the future of Britain's high street.

Is private equity helping or hurting the brands we know and love? Let us know in the comments.

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00:00 The UK High Street Shake-Up

00:58 HSBC Banker's Train Fare Scandal

04:15 Starbucks & Chipotle Merger Rumours

07:03 Starbucks' Hidden Money Machine

13:07 The CEO Who Transformed Chipotle

20:43 Boots' £6.7BN Takeover

24:04 Inside the Private Equity Deal

31:18 Meet the Billionaire Weston Family

39:10 Private Equity's High Street Takeover

42:07 Pizza Express Private Equity Journey

48:23 Why Rising Interest Rates Matter

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The Private Equity Takeover of Britain's High Street | Boots, PizzaExpress & Starbucks

Market Maker

The Private Equity Takeover of Britain's High Street | Boots, PizzaExpress & Starbucks