EIG Acquires a 49.87% Stake in Transportadora de Gas del Perú (TgP) December 19, 2025 EIG, through its managed investment vehicles, acquired a 49.87% equity stake in Transportadora de Gas del Perú S.A. (“TgP”) from Canada Pension Plan Investment Board today. TgP operates Peru’s principal natural gas and natural gas liquids pipelines under a long-term concession, supplying approximately 40% of the country’s power generation. “We are delighted to complete this [...]
On this day in 1783: A 24-year-old is made British Prime Minister December 19, 2025 In 1783, the King needed a fifth Prime Minister in two years. Despite the doubts of some, he turned to William Pitt, then 24, to turn the country around.
StretchSense Raises $2.3M to Drive Global Expansion of XR Training Gloves December 19, 2025 Wearables technology firm StretchSense, which specialises in high-tech data capture gloves, has secured its latest external investment, a $2.3 million (£1.75m) round led by PXN Ventures and supported by Scottish Enterprise, as the company aims to drive the global expansion of its extended reality (XR) training glove that enables organisations to immerse staff in simulated [...]
Justice must work for victims not investors December 19, 2025 Third-party litigation funding is increasingly looking less like justice in action and more like a volume-driven acquisition model, writes Oliver Ryan MP.
AI stocks to remain dominant in 2026, analysts predict December 19, 2025 Artificial intelligence is likely to remain a “dominant theme” in markets next year, analysts predict, shaking off fears of an AI crash. St James’ Place expects AI stocks to maintain investor interest in 2026, with analysts and portfolio managers bullish on the sector’s run. Valuations of top tech stocks have been rocketing up since the [...]
Heathrow ‘under pressure’ amid rising costs December 19, 2025 Heathrow Airport has warned that rising employment costs and the government’s controversial business rates overhaul will wipe out the additional revenues generated from a record number of passengers passing through the west London hub. In an update to bondholders, the UK’s largest airport revealed its profit had plummeted by 38 per cent in the nine [...]
Bailey sounds alarm on AI as youth unemployment jumps December 19, 2025 AI could displace workers on a scale not seen since the Industrial Revolution, Bank of England governor Andrew Bailey has warned, as the UK jobs market shows fresh signs of strain. Bailey said the rapid adoption of AI across the economy was “most likely” to have a similar effect to past technological upheavals. “As you [...]
Budget uncertainty dampens November spending December 19, 2025 Black Friday discounts failed to significantly boost consumer spending in November, as Budget uncertainty kept shoppers away from the high street. Sales declined 0.1 per cent last month, following a 0.9 per cent fall in October, as households opted to hold off spending in the run up to Christmas and wait to see the outcome [...]
UK government borrowing overshoots expectations in November December 19, 2025 UK government borrowing exceeded expectations in November but still fell year-on-year after tax receipts surged following Rachel Reeves’ first Autumn Budget. The latest release from the Office for National Statistics (ONS) showed public sector borrowing topped £11.7bn in November. City economists expected government borrowing to come in at £10.2bn over the month. Despite this, the [...]
Trinity Investments Expands European Platform With Acquisition of The Hoxton, Poblenou in Barcelona December 18, 2025 Third major European acquisition reinforces Trinity’s multi-segment hospitality strategy across the region’s most compelling urban markets