Brentford owner Benham weighs up minority investment in Bees March 19, 2025 Brentford have received multiple offers of minority investment from American groups who value the club at around £400m. Owner Matthew Benham has been seeking additional investment for over a year. Rothschild was appointed to oversee the sales process but City AM understands that the merchant bank is no longer working on the Brentford deal. The [...]
Andy Burnham slammed for Manchester tourist tax plans February 21, 2025 Andy Burnham has been slammed by the chief executive of UKHospitality after backing plans for a new tourist tax to be introduced in Manchester. The mayor of Greater Manchester said earlier this week that tourists visiting the city region should pay a “proper” mandatory “tourist levy”. He added that he wanted to see Manchester city [...]
‘Rachel Reeves, you must do better’: Chancellor urged to act before hospitality’s collapse February 4, 2025 Chancellor Rachel Reeves has been told to take urgent action to prevent the collapse of thousands of hospitality businesses across the UK. In an open letter Sacha Lord, who was until recently Andy Burnham’s night time economy adviser for Greater Manchester, said he no longer considers Labour to be the party of “business and growth”. [...]
Andy Burnham wants Manchester to add an extra £13bn a year to the UK economy – this is how January 24, 2025 A decade-long plan to increase Greater Manchester’s contribution to the UK economy by £13bn a year has been unveiled by the region’s mayor, Andy Burnham. The proposal, which has been made public today, would see the “whole Greater Manchester system mobilised” to deliver £1bn of investment every year between now and 2035. Burnham has also [...]
Will Heathrow’s third runway plans be halted by Miliband, Khan and Burnham? January 21, 2025 Heathrow Airport’s long-delayed third runway plans took a major step forward this week, after it was revealed the government is prepping to give the project its backing. Chancellor Rachel Reeves will outline her support for expansion bids from three major London hubs – Heathrow, Gatwick and Luton – in a speech later this month, according [...]
Old Trafford decision could be pushed until spring November 5, 2024 Manchester United are set to delay a decision on whether to refurbish Old Trafford or build a new “Wembley of the North” until next year. The club, owned by the Glazer family and billionaire Ineos chief Sir Jim Ratcliffe, had intended to make the call by the end of the year but it has now [...]
Old Trafford development could be worth £7.3bn to UK economy each year September 23, 2024 A new Old Trafford development could boost the UK economy by over £7bn per year should Manchester United’s masterplan become a reality. United, who last year had a 27 per cent stake in the club purchased by chemicals billionaire and Ineos founder Sir Jim Ratcliffe, are looking to spend £2bn on a new 100,000 capacity [...]
Rail line connecting North West to Midlands would be ’40 per cent’ cheaper than HS2 September 13, 2024 Plans for a new rail line connecting the West Midlands to the North West could be delivered at just 60 per cent of the cost of HS2’s cancelled Northern leg, according to Manchester Mayor Andy Burnham. The proposed 80km line, backed by a consortium of businesses and politicians, would run from Lichfield in Staffordshire to [...]
New rail line connecting Midlands and North West set to deliver £70bn economic boost September 13, 2024 “Doing nothing is not an option”—this was the message today as a consortium of business leaders and politicians unveiled ambitious plans for a new rail line connecting the Midlands to the North West. The proposed rail link, set to connect Lichfield in Staffordshire to High Legh in Cheshire, could add an estimated £70bn to local [...]
British Gas owner Centrica helps back £300m UK energy first June 13, 2024 Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.