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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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Transport & Infrastructure

  • Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes

    November 24, 2025

    In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and working Brits while adding to the sense of peril that a botched fiscal event could bring. Investors are running scared. Voters fear looming betrayal. Gamblers [...]

  • Eurotunnel ‘pursuing legal process’ with government over business rates

    November 20, 2025

    The firm behind the Channel Tunnel train will pursue legal action against a UK government agency and pull out of all its future investment in Britain unless plans to triple its business rates bill are aborted. Eurotunnel is poised to scrap its multimillion-pound plans to revive a major freight terminal in east London and cancel [...]

  • Reeves to give go-ahead to DLR Thamesmead extension at Budget

    November 20, 2025

    Rachel Reeves is set to give the green light to a proposal to extend the Docklands Light Railway to Thamesmead in a major expansion of London’s transport network. The move, which would mark the first extension to a London train line since the Overground extension to Barking Riverside in July 2022, promises to create 10,000 [...]

  • Firstgroup doubles down on open access expansion despite DfT concerns

    November 18, 2025

    Firstgroup has doubled down on its open access expansion plans as the transport business defied government concerns over the scheme. The FTSE 250 firm said it was “focused on growing” its operations in open access, an arrangement under which private rail operators will continue to run services after the nationalisation of all major routes as [...]

  • Mixed shareholder reaction after huge £5.3bn FTSE 250 infrastructure merger

    November 17, 2025

    Shareholders of two of the UK’s biggest infrastructure funds have had mixed reactions after the firms reached an agreement to merge in a blockbuster £5.3bn deal. FTSE 250-listed HICL Infrastructure and The Renewables Infrastructure Group (TRIG) said they had signed heads of terms on the business combination, in a move that will see voluntary winding [...]

  • Jaguar Land Rover: JLR loses almost £500m after cyber attack

    November 14, 2025

    Jaguar Land Rover (JLR) lost almost £500m during the second quarter of its financial year as it battled the most expensive cyber attack in British history. The automotive giant has reported a loss before tax and exceptional items of £485m for the three months to 30 September, 2025. The figure compares to a profit of [...]

  • Reeves to put brakes on Cycle to Work scheme in blow to City

    November 13, 2025

    Chancellor Rachel Reeves could slam the brakes on the Cycle to Work scheme at the upcoming Budget in a blow to City commuters, it has been reported.  The Chancellor is expected to cut tax benefits on salary sacrifice schemes, including in the buying of expensive bikes, according to a report in the Financial Times.  “Cycle [...]

  • London Councils urge e-bike firms to stick to borough contracts

    November 13, 2025

    The group London Councils has called on e-bike operators to respect local contracts and act “responsibly”, as friction deepens between boroughs and rental bike companies over parking and safety standards across the capital. The organisation, which represents London’s 32 boroughs and the City of London, warned that some firms continue to operate in areas without [...]

  • Skilled Labour: The Key To Unlocking £725bn UK Infrastructure Investment

    November 12, 2025

    With Britain ready to commit £725 bn to infrastructure projects someone has to step up and be the hero to solve the crisis that is brewing. The labour market for construction is facing a serious dilemma: an ageing workforce, a shortfall of migrant skilled labour and multiple huge projects in the pipeline across the next [...]

  • Skybus steps in to save Cornwall-London route after Eastern Airways collapse

    November 7, 2025

    Cornwall Council has struck an interim deal with airline Skybus to restore a flight route between Cornwall and London, after previous provider Eastern Airways went into administration.  The new service is expected to start from late November, with 70-seat planes running daily and ultimately ramping up to twice-daily on week days by February of next [...]

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