Rival Heathrow bidder vows to plough on despite proposal snub Transport and infrastructure The hotel billionaire behind a rival bid to develop Heathrow’s third runway has vowed to continue his pursuit to oversee the expansion despite ministers favouring a proposal submitted by the hub’s current owner that involves rerouting the M25. Transport secretary Heidi Alexander confirmed on her decision to proceed with the £49bn vision from Heathrow Airport [...]
Mixed shareholder reaction after huge £5.3bn FTSE 250 infrastructure merger Transport and infrastructure 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 [...]
Full steam ahead for Trainline as it raises its end of year guidance Business London listed ticketing app Trainline has seen its shares rocket after the firm raised its pre-tax profit guidance. Total revenue inched up 2 per cent year by year to £23m from £229m in the first half of the year. Free cash flow hit £79m, while basic earnings per share increased by 54 per cent to [...]
L&G: FTSE 100 giant reveals £2bn plan to create 24,000 jobs October 20, 2025 FTSE 100 giant Legal & General (L&G) has revealed plans to invest £2bn in regeneration projects across the UK in a move which it said will create around 24,000 jobs. The group said it would invest into ‘productive assets’ such as infrastructure, affordable housing and urban regeneration between now and 2030. L&G added that it [...]
Reeves to limit legal challenges to key infrastructure projects October 15, 2025 Chancellor Rachel Reeves has ordered courts to open hearings on judicial review processes which could threaten to block critical infrastructure projects within four months of an application being made as part of a pre-Budget rush to introduce growth-inducing reforms. As part of a new set of planning-related proposals on Wednesday, the High Court will have [...]
Private market fund managers optimistic on real asset returns October 8, 2025 Private market fund managers are increasingly confident of strong returns being generated by real assets over the next decade, as assets under management in the sector continue to grow. According to exclusive research shared with City AM from investment service Wealth Club, nearly 70 per cent of fund managers predict annualised returns between 5 and 6 [...]
Private asset funds predicted to surge over the next five years October 7, 2025 Private asset funds are expected to become a central force in driving the global economy over the next five years, after soaring to record highs in 2025. The value of private asset funds has surged 9.6 per cent this year to date, to a record $14.05 trillion (£10.46 trillion), a striking 77 per cent rise [...]
Unlock pension funds to power up UK infrastructure October 7, 2025 Unlocking capital from pension funds could power up our infrastructure while also providing better returns for customers, writes Mike Eakins.
Government urged to prioritise UK tech amid US investment surge September 30, 2025 UK cloud provider Civo has launched its ‘tech sovereignty agenda’, urging the government to place greater emphasis on domestic technology amid an unprecedented wave of investment from US tech giants. The agenda calls for a reassessment of the UK’s approach to innovation, advocating for a balance between benefiting from global technology while ensuring that critical [...]
Converge AI: Meet the UK tech decarbonising concrete with AI September 24, 2025 Concrete is everywhere; It’s in the roads we drive on, the buildings we work in, and the infrastructure that shapes the UK’s cities. Yet despite its ubiquity, it’s also one of the hardest materials to make environmentally friendly. This is the challenge that British construction tech scale-up Converge AI, founded in 2014, is trying to [...]