Saudi Arabia’s PIF to buy 10% stake in Heathrow Airport

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed a share purchase agreement to acquire a 10 percent stake in London’s Heathrow Airport from Spanish infrastructure giant Ferrovial. The deal, valued at $3 billion, marks PIF’s strategic move into diverse sectors. The acquisition involves a stake in FGP TopCo, the holding firm […]

Two men who stole an Anglo-Saxon treasure hoard worth in excess £3.2m have been ordered to repay over £600k each.

Men who stole Herefordshire treasure hoard ordered to repay £600k each. Two men who stole an Anglo-Saxon treasure hoard worth in excess £3.2m have been ordered to repay over £600k each. The Confiscation Order, under the Proceeds or Crime Act 2002, was made on 21 December 2022 at Worcester Crown Court. On 21 November 2019 […]

Millions of low-income households to get new Cost of Living Payments from Spring 2023

The Department for Work and Pensions (DWP) has today announced more detail on the payment schedule for the next round of cost of living support unveiled in the Chancellor’s Autumn Statement, building on payments made to over eight million people in 2022. The new £900 cash boost for over eight million eligible means-tested benefits claimants, […]