Category: Private equity

Labour to announce £10bn AI project in Northumberland backed by pro-Trump billionaire

Stephen Schwarzman’s Blackstone Group will fund data centre bringing 4,000 jobs to north-east EnglandKeir Starmer is set to announce the creation of a £10bn AI datacentre, bringing 4,000 jobs to north-east England,...

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Private equity groups collecting millions to run UK government-funded sexual assault referral centres

Exclusive: Charities concerned at profits being made from government contracts to help victimsMillions in taxpayer funds are being paid to private equity-backed firms to provide specialist support services for rape and sexual...

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Labour vows to cut financial ‘red tape’’ and ‘unashamedly champion’ UK sector

Report shows Labour move to scrap many rules and processes as party denies plan will dilute consumer protectionsMartha Lane Fox: green economy must be next UK government’s No 1 priority Labour has pledged to...

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Profiteering fears as global investment firms increase stakes in England’s child social care

Observer investigation finds homes backed by private equity more than doubled in five years, with Qatar and Abu Dhabi sovereign wealth funds among investorsSerious concerns have been raised over the growing influence of private...

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Childcare sector in England must not become ‘playground for private equity’, experts say

Exclusive: Increasing involvement of investment funds could leave nursery places at riskGolden goose: why private equity is eyeing up UK essential servicesEngland’s childcare sector risks becoming a “playground for...

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Revealed: warning to ministers over privatised water kept secret since 2002

Author calls for disclosure of his report that ‘shows why private equity dominance in England has proved so disastrous’Ministers were warned about the dangers of private equity taking over the water industry in a...

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