Richardson Malting, a UK-based subsidiary of Canadian agriculture and food processing giant Richardson International, has acquired Ragleth Limited, the holding company for Anglia Maltings (Holdings) Limited. This strategic move is in response to the escalating global demand for malt, predominantly spurred by brewing and distilling industries, marking a major development in the international malt production […]
Tata Consultancy Services (TCS) announced its selection by the UK Department for Education (DfE) to administer and improve customer experiences for the Teachers’ Pension Scheme in England and Wales. With over two million members, the Teachers’ Pension Scheme stands as the second largest public sector pension scheme in the UK. Tata Consultancy Services has secured […]
Equinor has taken a final investment decision (FID) to construct the 25MW / 50MWh Blandford Road battery storage project in Dorset, the first commercial battery storage project of the Norwegian oil and gas company in the UK. To be realized in partnership with flexible electricity generation developer Noriker Power, the Blandford Road project will be […]
Centrica offshore UK Ltd (COUK) has secured gas storage licence from the North Sea Transition Authority (NSTA) for the Rough site in the Southern North Sea. The award of the gas storage licence, located off the East Coast of England, enables Centrica offshore UK to move ahead with pursuing further regulatory approvals that are needed […]
Capita plc has won a three-year extension to its Primary Care Support England (PSCE) contract, worth £94 million, from NHS England and NHS Improvement (NHSEI). The London-based business process outsourcing and professional services company said that the PSCE contract has been extended to 31 August 2025. Under the contract, Capita will be providing digital, logistical, […]
Capita plc, a London-based business process outsourcing and professional services company, has bagged a five-year contract from ScottishPower worth up to £63m to provide front-line customer support services for the latter’s customers across the UK. The five-year customer management contract is due to begin in June. This includes wider customer experience support services for prepayment, […]
HICL Infrastructure said that it has agreed conditionally to sell its 100% stake in the Queen Alexandra Hospital PFI Project (QAH) in Portsmouth, England to InfraRed European Infrastructure Income Fund 4 (EIIF 4) for £108 million. The conditional agreement follows a competitive auction process, said HICL Infrastructure with the sale aligning with its strategy to […]
Electric vehicle (EV) battery startup Britishvolt has secured a funding commitment from the UK government for its proposed £3.8 billion battery gigafactory in Blyth, Northumberland. The British government will provide the funding via the Automotive Transformation Fund (ATF). The battery gigafactory is likely to start production of lithium-ion batteries by 2023-end. Upon completion, the Blyth […]
AEW UK REIT plc, a British real estate investment trust, said that it has divested a couple of industrial assets in England to an undisclosed buyer for £16.7 million. The assets involved in the sale are Units 16 and 16A, Langthwaite Industrial Estate in South Kirkby and Wella Warehouse in Basingstoke. AEW UK REIT said […]
UK-based NewRiver REIT plc said that it has wrapped up the previously announced £222.3 million sale of Hawthorn Leisure REIT to AT Brady Bidco Limited (Admiral Taverns). Hawthorn Leisure REIT is the holding company of the entire community pub business, that was previously owned by NewRiver REIT. On the other hand, its new owner — […]