Category: Private equity

‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity

Almost £24.4bn of government money went to private equity-run firms in year to April 2025, Guardian analysis shows‘Treating children like cattle’: what happens when private equity takes over a UK care...

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NGOs urge Nandy to halt sale of Telegraph over China links

Letter from rights groups says RedBird Capital’s proposed takeover threatens media pluralism and transparencyA group of nine human rights and freedom of expression organisations have called on the culture secretary to halt...

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MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal

Exclusive: Cross-party group including peers warns of risk of ‘potential Chinese state influence’ in private equity firmA cross-party group of MPs and peers has called on ministers to investigate how a US private...

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Nationalise gas power plants to boost energy security, thinktank urges UK ministers

Common Wealth says private gas-fired stations can charge exorbitant fees when renewable energy is in short supplyBritain’s gas power stations should be nationalised to prevent their owners from holding the electricity...

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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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