Private equity firms face reckoning as £31bn broadband push turns sour
Significant losses and consumer ‘inertia’ drive expectations of consolidation among the ‘altnet’ UK providers
Significant losses and consumer ‘inertia’ drive expectations of consolidation among the ‘altnet’ UK providers

NatWest and Lloyds among lenders exposed as ‘altnets’ buckle under strain of rising costs and fierce fibre competition

BT’s infrastructure company cannot retreat on its plans for a national digital network

Data from investment bank Houlihan Lokey shows 92% opting to cash out

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Weaker dealmaking environment during turbulent period for country’s financial markets

Growth raises concerns about underwriting and risk management at fast-expanding groups