Press Digest: British Business - November 18

Renewables Infrastructure

18/11/2025 03:20

Nov 18 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The Times

     - HICL Infrastructure HICL.L and The Renewables Infrastructure Group Ltd TRIG.L will merge to form the UK's largest listed infrastructure investment company worth about 3.98 billion pounds ($5.23 billion), the companies said.

     - London-headquartered law firm Ashurst and U.S.-based Perkins Coie announced they have agreed a merger which would create a combined firm of 3,000 lawyers with $2.7 billion in revenue, putting it in the top 20 worldwide.

The Guardian

     - TotalEnergies TTEF.PA said it would more than double its net gas generation capacity by acquiring 50% of Czech energy company EPH's Western European flexible power generation portfolio in a 5.1 billion euro ($5.91 billion) all-stock deal.

The Telegraph

     - AXA Investment Managers halved its exposure to UK bonds in some portfolios on Friday following news that the government has no plans to raise income tax.

Sky News

- Heathrow Airport will this month name former BT Group CEO Philip Jansen as its next chairman as the British aviation hub presses ahead with plans for a 50 billion pounds ($65.76 billion) expansion.

($1 = 0.7603 pounds)

($1 = 0.8628 euros)

 (Compiled by Bengaluru newsroom)

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