Support trulyindependent journalismFind out moreCloseOur mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the...
Lloyds Banking Group will redevelop some of its decommissioned data centres and former office sites into social housing, along with a £200m housing fund.
The group said that the move would increase the supply of social housing in the UK and it had plans to “identify suitable housing partners” in the region to redevelop selection sites. The first site selected is in Pudsey, previously an office and a data centre, with construction expected to begin in 2026.
Depending on planning permission, the redevelopment will create...
Stay informed with free updatesSimply sign up to the Investment Banking myFT Digest -- delivered directly to your inbox.A boutique investment bank founded by former Goldman Sachs bankers is laying the groundwork to expand in the UK with two senior appointments, the latest firm aiming to cash in on the recovery in dealmaking.Ardea Partners, founded in 2017 and led by Chris Cole and Don Truesdale, is among a crop of independent financial advisory businesses moving in to work on big takeovers.Based in New York, it has about 80 employees. It...