Month: October 2025

BusinessFinance

Private Credit Billionaire Lawrence Golub Dismisses Direct Lending Bubble Concerns

Billionaire Lawrence Golub, founder of Golub Capital, has emphatically dismissed fears that private credit and direct lending are in a bubble. Speaking at a financial summit, he argued that direct lending enhances traditional portfolios and remains less saturated in core middle markets. Analysts suggest his comments address growing sector scrutiny following major corporate defaults.

Billionaire CEO Dismisses Private Credit Bubble Fears

Lawrence Golub, billionaire founder and CEO of Golub Capital, has reportedly dismissed concerns that the rapid expansion of private credit and direct lending indicates a market bubble. Speaking at the ninth annual Forbes/SHOOK Top Advisor Summit in Las Vegas, sources indicate Golub emphasized that direct lending continues to provide investors with superior risk-adjusted returns and serves as a hedging tool for traditional stock-and-bond portfolios.

by Darren Holt
BusinessInfrastructure

Growthpoint Properties Invests in Cape Winelands Airport Development Project

Growthpoint Properties has become the investment, development and managing partner for the Cape Winelands Airport project. The R8-billion development is scheduled to begin construction early next year pending environmental approvals, with full commissioning targeted for 2028.

Major Property Investment in Aviation Infrastructure

Growthpoint Properties has made a significant initial investment in the Cape Winelands Airport development project, according to reports from both companies. The JSE-listed property group will serve as investment, development and managing partner for the ambitious aviation precinct development located northeast of Cape Town.

by Natalie Brooks
BusinessStartups

EA Union Workers Protest $55 Billion Saudi-Backed Acquisition Over Job Security Concerns

Electronic Arts union members have issued a strongly-worded statement against the proposed $55 billion acquisition by Saudi-backed investors. Workers claim they were excluded from negotiations despite driving the company’s success and fear job losses to “pad investors’ pockets.”

Unionized EA Workers Voice Strong Opposition to Acquisition Deal

Employees at Electronic Arts who are part of the Communications Workers of America union have issued a strongly-worded statement opposing the proposed $55 billion acquisition of the company by Saudi-backed investors, according to reports. The primary complaint centers around workers not being represented in negotiations for the massive deal, sources indicate.

by Natalie Brooks
EconomyPolicy

Chancellor Reeves Considers Energy Bill Relief and Tax Measures in Upcoming Budget

Chancellor Rachel Reeves is reportedly considering interventions to reduce energy bills, including potential VAT cuts. The government faces a £22bn fiscal gap while maintaining commitments to key tax rate freezes.

Energy Bill Relief Measures Under Consideration

The government is reportedly planning “targeted action” to address rising living costs, with energy bills being a primary focus of the upcoming Budget. According to reports from the BBC, officials are considering cutting the current 5% rate of Value-added tax charged on energy, which could provide immediate relief to households. Another option under discussion involves reducing regulatory levies currently added to utility bills, sources indicate.

by Darren Holt