UK airport operator bought by Canadian pension fund for £1.5bn Transport and infrastructure An operator of UK airports has been bought by Canadian pension fund PSP, with the firm set to take over Glasgow, Aberdeen and Southampton airports in the £1.5bn deal. AviAlliance, a private airport operator which is wholly owned by the Public Sector Pension Investment Board (PSP Investments), announced the takeover of AGS Airports today. The [...]
Starmer vows to rip up the red tape at investment summit Business Prime Minister Keir Starmer will today promise to rip up the red tape that is needlessly holding back investment in a bid to galvanise economic growth. Starmer is set to make the pledge in a speech at the government’s inaugural International Investment Summit, which kicks off today at the Guildhall in the heart of the [...]
Macquarie set to pledge £20bn new UK investment at Labour summit Politics Australian infrastructure giant Macquarie is planning £20bn of new investment in the UK in a reprieve for Keir Starmer ahead of Labour's flagship investment summit.
Talktalk debt crisis worsens as Macquarie deal stalls August 4, 2024 Talktalk's crunch negotiations with private equity giant Macquarie over a mooted £450m deal for its wholesale division have stalled, according to reports, as the embattled telecoms provider races to refinance a billion pounds of credit.
Talktalk: The telecoms titan on the brink July 25, 2024 In a defining few months, Talktalk needs to refinance nearly a billion pounds of debt, with bidders circling. Will it survive?
Talktalk hopeful of securing lifeline investment as refinancing deadline looms July 21, 2024 Talktalk has warned investors it could collapse within weeks unless its bosses secure a £200m lifeline from its largest shareholders, as the struggling telecoms firm flounders in its mountainous debt pile
Thames Water’s new business plan could see bills rise by over 40 per cent by 2030 April 22, 2024 Already in the hole for around £18bn, today's update brings the company's expected total cost for its 2025-2030 plans to £19.8bn
Macquarie not considering buying a stake in Heathrow Airport March 24, 2024 Macquarie has denied press reports suggesting it is considering a multibillion pound swoop for a major stake in Heathrow Airport.
Macquarie explores cutting stake in Cadent as gas network prepares for net zero transition February 18, 2024 Australian asset manager Macquarie is exploring a sale of part of its stake in Cadent alongside another shareholder worth a combined £1.3bn as the UK gas network readies for the renewable energy transition.