Natural gas giant BG Group is to sell its stake in to gas-fired power generation plants in the Philippines as part of its planned release of five billion dollars of capital.
The company has reached a sale and purchase agreement with its partner in the facilities, First Gen Corporation, which covers the 1,000 megawatt Santi Rita and 500 megawatt San Lorenzo power plants, both on the island of Luzon.
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'We face a £6m inheritance tax bill under Reeves's changes – it's sheer terror'Thousands of families fear they’ll have no option but to look at selling their firms in a fire sale to pay inheritance tax bills, due to Rachel Reeves’s changes to business property relief
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Millions of over 50s fear pension investment risk – how should you position your portfolio?To de-risk or not to de-risk, that is the question. Act too late and you could face irreversible losses. Move too early and miss out on significant gains that could transform your retirement.
