Ferrovial announces the long-awaited sale of some of its stake in the Heathrow Airport owner BAA, selling 6% to a US rival for €325 million (£281 million)... more
After Britain’s infrastructure assets were the subject of a blitz of privatisations in the Eighties and then faced a host of takeover deals, many now lie under foreign ownership... more
BAA's annual earnings will come in £10 million lower after this year’s triple-whammy of bad weather, British Airways strikes and Iceland’s volcanic ash... more
The future of Gatwick has turned from the uncertain to the farcical after the forced sale of London’s second airport was derailed by news that no one wants to buy it ... more
Gatwick Airport could be worth as little as £1.33 billion, rather than the £2 billion-plus its owner BAA hoped to receive from auctioning it off ... more
Aviation: A consortium comprising private equity group 3i's infrastructure arm and two Canadian pension schemes has pulled out of the bidding for London's Gatwick airport, a source briefed on the matter said... more
The refinancing of the BAA London airport monopoly remains uncertain after banks were called in to provide loans in an attempt to shore up a £10 billion debt restructuring... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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