News

How Carlyle’s bet on unsuccessful Southend airport did not work…

Southend airport, barely used now, is at the centre of an escalating dispute between one of the world’s largest private equity groups and an impoverished infrastructure company.  The $426bn investment firm Carlyle Group is demanding the early repayment of a £125mn loan made to the airport in 2021, when the aviation industry was reeling from international

East Yorkshire roads flooded as severe weather warning issued for…

Flooding is affecting the A164 and a number of other roads around East Yorkshire this morning (Sunday). Problems are being reported in communities including Driffield and North Cave. Near Driffield, the A164 Beverley Road is impassable in both directions due to flooding from the A614 Kellythorpe Roundabout, to Wilfholme Road, Beswick. In North Cave, Church

Schiphol Airport’s new report demands a reduction of aviation demand,…

On 24th Schiphol airport published new research, showing the need for a strong reduction of air traffic demand in order to halt climate heating. The airport proposes the ‘Polluter pays’ principle, with measures such as a worldwide kerosene tax and a tax for business class and private flights.  Schiphol’s research showed that at least a