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BBC News
7 hours ago
- BBC News
Exeter Airport set to be sold to investment group ICG
Exeter Airport is set to be sold along with two other English regional airports in a multimillion-pound firm ICG has agreed a deal with Rigby Group to purchase the Devon airport, along with airports in Bournemouth and Norwich, the BBC deal is reported to be worth £200m, according to Sky News, and BBC sources said leading business officials in the South West had been briefed about the sale ahead of an announcement expected on and Rigby Group have declined to comment after being approached by the BBC. Exeter Airport, which is in the village of Clyst Honiton, opened in 1937 and today has commercial flights to a number of UK and international destinations, including Edinburgh, Amsterdam and site was used by fighter planes during World War Two, including the Polish Air Force's 307 Squadron, who "saved the city" in May 1942 by defending Exeter during a Nazi bombing airport has grown in size, with a new arrivals building being opened by the Princess Royal in June 1999 before a £950,000 departure lounge opened four years later. In January 2007, Devon County Council sold the airport to Regional and City Airports - a specialist airport investment and development group run by Balfour Beatty - in a deal worth £ June 2013, Balfour Beatty sold the airport to Rigby Group for an undisclosed which operate from Exeter Airport include Ryanair, KLM, Aer Lingus and airport also operated as a base for Flybe before the company went into administration and was liquidated in 2020. In August last year, airport bosses said the site had returned a profit for the first time since the Covid-19 owners said that, in the 12 months up to March 2024, the airport had a profit of just over £1m, which represented a £2m turnaround from the year numbers also rose, with 435,000 compared to 402,000 the previous year - an increase of 8%, an airport spokesperson November, the airport said passenger numbers reported 337,993 passengers had travelled through the hub from April to October 2024 - an increase of 15,740 compared the same period the previous year.
Economist
6 days ago
- Economist
Corporates staying the course on sustainability despite geopolitical headwinds
Over the three Sustainability Week events; London (March 2025), Bangkok (March) and New York (June), Economist Impact hosted chief sustainability officers (CSOs) of large, global multinationals as part of its CSO leaders club. The sustainability conversation is changing. As companies face competing priorities, tightening budgets and political backlash, here's the view from the C-suite.
BBC News
21-07-2025
- BBC News
Bradford city centre regeneration projects wins regional Yorkshire awards
Engineering projects in Bradford have won several top awards at a regional Live and the city centre pedestrianisation were recognised at the Yorkshire & Humber Constructing Excellence awards, which took place at the Royal Armouries in pedestrianisation scheme won Infrastructure Project of the Year and the Best of the Best award, while the refurbished former Odeon, officially due to open in August, won the Conservation and Regeneration two winning projects will now compete in a national awards ceremony later this year. Bradford Live beat other projects including two from Bradford in the same category: Darley Street Market, and Shipley Sustainable Community Hub, the Local Democracy Reporting Service (LDRS) also faced non-Bradford projects including the refurbishment of Hull's Maritime Museum and Leeds City College's Mabgate Bradford projects were funded by West Yorkshire Combined Authority's Transforming Cities Fund and run by construction firm Balfour work to re-open Bradford Interchange after a year-long closure, carried out by the construction firm, was shortlisted and highly commended in the Integration and Collaborative Working Award. The awards celebrate the built environment and construction industry and are organised annually by Leeds Beckett University's School of Built Environment, Engineering and Computing. Listen to highlights from West Yorkshire on BBC Sounds, catch up with the latest episode of Look North
