Pre-tax profits jump 37pc at HICL

Infrastructure investment company HICL yesterday posted a 37 per cent increase in pre-tax profit to £42.2m over the six months to September. Over the period it made total investments of £106.4m, including in four PFI projects such as Romford Hospital and Stoke Mandeville Hospital. The investment company also raised £250m from a new C share issue earlier this year.