Recycling company Viridor has called on support services group Interserve to build a recycling and renewable energy centre for Glasgow City Council.
Viridor, a subsidiary of water group Pennon, has signed a 25-year "design, build, finance and operate" contract with the council to recycle and treat Glasgow's residual municipal waste, and Interserve will be paid £146m to handle the design and build part of that undertaking.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
-
MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
