BRITISH-ASIAN businessman Surinder Arora, chairman and founder of the Arora property group, has officially inaugurated his latest hotel – the Hilton Garden Inn at Heathrow.
“This is our 16th hotel,” he said.
At a celebration party on the 14th floor of the hotel, he told Eastern Eye: “This is the first and only hotel in the central area of Heathrow airport, just a short walk from Terminals 2 and 3.
“It is the tallest building inside the airport after the control tower.
Last Monday (14) was the official launch, although the hotel “has been up and running for the last two months”, Arora said.
“We built it in fewer than two years. Everyone loves it, how quiet the building is acoustically and user friendly. It’s been a huge success. Out of all our hotel openings from 1999 until now, this has been our best opening.”
His offices are on the other side of Heathrow opposite the Hilton Garden Inn. Arora also pointed out the site of the proposed third runway at Heathrow, where the Arora group is challenging the monopoly hitherto exercised by Heathrow Airport Ltd (HAL) over all developments inside the airport complex.
Arora, who confirmed he was “one of the largest landowners in the area”, said, “The third runway would go there – you see those green fields in the northern end of the airfield?”
Asked about prime minister Boris Johnson’s declared opposition to Heathrow’s expansion, he replied that the prime minister “is now leader of the nation and has bigger fish to fry”.
He added: “If you look at the latest aircraft coming in like the 350 Airbus, like the Dreamliner, they are using 30 to 35 per cent less fuel than the older aircraft. And they are a lot quieter.”
According to Arora, HAL’s monopoly has pushed up prices. “Schiphol in Amsterdam has six runways, yet Schiphol’s landing charges are half of Heathrow’s. Heathrow is three times more than Dublin airport.”
He drew attention to another of his hotels in the distance. “That big building is my Renaissance Hotel. As the crow flies, it is only 800 to 900 yards. What do you think I pay to the water authority to have water there? I pay £1.60 per unit. What do you think I pay here at the Hilton Garden Inn?
“This is all inside the airport, so Heathrow obviously control everything inside the airport because they control the infrastructure. So 20 per cent more, 50 per cent more, 100 per cent more? Have a guess. They are charging me six times more. Here, it is over £10 per unit.
“Slowly the outside world and the airlines are beginning to understand why Heathrow is the most expensive airport in the world. I have always said for the UK to remain ahead of Schiphol, ahead of Dubai, ahead of Paris, ahead of Madrid, we need more capacity. If we don’t do it those other airports will keep expanding. And we will keep losing out, not just to holidaymakers, but to businesses. We need connectivity.”
Arora said his new hotel was environmentally friendly. “If you are flying in and out of Terminal 2 or 3 and you have to stay a night at the airport, you don’t have to catch a taxi or a shuttle bus. Here you can just walk in from Terminal 2 or 3 to the hotel so it will reduce some traffic.”
He explained that although his family owned the hotel, it was called the Hilton Garden Inn. “Hilton are our franchise partners, like Sofitel, Marriot, Intercontinental. People can relate to that. So we use their brand, their name, and we are connected to their worldwide reservation system.”
Arora added: “As we sit in the Sky Bar, the views are the most incredible you can see at any airport location in the world. You have views of both the runways, the taxiways, the terminals – it is fantastic. It’s a 369-bedroom with two bars and a restaurant and it works amazingly well.”
He revealed his expansion plans. “The next one will be the Royal Windsor Park. There are a couple of hotels in the pipeline after that. (We are) always looking at opportunities. We will be building a Sofitel hotel at Dublin airport, the first project we are doing outside the UK. Because of Brexit and other things, this is an opportunity of doing something closer to home but not actually in the UK.”
Guests at the launch included the chairman of the Edwardian group, Jasminder Singh. His new flagship hotel, the Londoner, in Leicester Square – the 14th in his portfolio – is due to open next year. He and Arora are not only friends, but also related by marriage.
Arora, who has two daughters, Sapna and Sonia, and a son, Sanjay, said, “Sonia is married to Jasminder’s son.” He was referring to Inderneel Singh, who is managing director of the Edwardian’s May Fair Hotel (where Eastern Eye has held its ACTA ceremony for the past three years).
THE government is preparing to take control of Liberty Steel’s South Yorkshire factories if their owner, businessman Sanjeev Gupta, fails to secure a last-minute rescue deal.
The move could save around 1,500 jobs at Speciality Steel UK, which includes steelworks in Rotherham and Stocksbridge.
At a High Court hearing on Wednesday (20), it was revealed that the government’s official receiver is ready to step in as administrator if the company goes into compulsory liquidation. Speciality Steel is facing closure after struggling for years under mounting debts and a lack of funding.
The court heard that the company has only £650,000 in its bank account but needs around £4 million each month just to pay wages. Lawyers representing creditors are pushing for the company to be wound up so its assets can be sold to repay debts. Creditors include major banks, suppliers, and Walsall Borough Council.
Sanjeev Gupta, the head of the GFG Alliance, is trying to avoid a government takeover. His lawyers asked the court to delay any decision, saying he is close to finalising a £75m funding deal with US investment giant BlackRock.
The plan would involve a “pre-pack” administration, allowing Gupta to buy back the company through a management buyout. The process is being advised by restructuring firm Begbies Traynor.
Gupta’s team argued that this commercial solution, backed by private investment, would protect jobs, keep the steelworks running, and come at no cost to UK taxpayers.
A spokesperson for Liberty Steel said, “We continue to believe our commercial solution, backed by major private capital, provides the best outcome for the business, its employees and all stakeholders concerned, without cost to UK taxpayers or unnecessary uncertainty.”
Judge Sally Barber said she could not make an immediate decision and needed more information about the next steps. She warned against acting “on a completely blind basis” and adjourned the case to give time to consider all options.
The Department for Business and Trade confirmed in a letter to creditors that the Government is ready to act.
“The official receiver is prepared, should SSUK enter into compulsory liquidation, to take control of SSUK’s affairs,” the letter said.
The government stressed that no final decision had been made to take the company into state ownership. Any such move would require ministerial approval. However, officials confirmed they had already been contacted by third parties interested in restarting steel production at the sites.
This would be the second government intervention in the UK steel industry this year. In April, ministers took control of British Steel’s plant in Scunthorpe, which was losing £250m annually. Last year, the government also gave Tata Steel a £500m support package to develop a greener electric arc furnace in Wales.
Liberty Steel’s Rotherham site hosts the UK’s largest electric arc furnace, which uses recycled scrap metal. The plant has not produced steel for about a year due to cash shortages, but workers have continued to be paid.
The problems began after the collapse of Greensill Capital in 2021, which had provided billions in loans to Gupta’s businesses. Investigations by the Serious Fraud Office into the GFG Alliance over suspected fraud and money laundering have also made fundraising more difficult.
Citibank alone is reportedly owed £233m by Speciality Steel. The creditors claim that allowing Gupta to retain control would write off most debts, and they prefer a government-led liquidation process that could offer a better chance to recover funds.
Judge Barber has referred the case to a different court, which is expected to make a final decision in the coming days, reports said.
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Tesco has increased the price of its meal deal, sparking shopper anger.
Clubcard members now pay £3.85 (up from £3.60), while non-members pay £4.25 (up from £4).
Premium meal deals also rise, costing up to £6 without a Clubcard.
Some shoppers threaten a boycott, while others argue the deal still offers value.
Tesco raises meal deal prices
Tesco has announced a price hike on its popular meal deals, prompting criticism from shoppers and even boycott threats.
From this week, the standard meal deal — which includes a main such as a sandwich or salad, a snack, and a drink — will cost £3.85 for Clubcard holders (up from £3.60), and £4.25 for non-Clubcard holders (up from £4).
The supermarket’s premium meal deal, which includes higher-end options, has also gone up from £5 to £5.50 for Clubcard holders, and from £5.50 to £6 for those without.
Shopper reactions divided
The price rise has sparked a wave of frustration online, with some customers claiming the deal no longer offers value.
On Reddit, one shopper wrote: “I will be boycotting the meal deal from [Tesco] when this hike occurs.” Another added: “That’s it, I’m legit done buying these now.”
A reader responding to Manchester Evening News said: “Everything that once was a deal no longer is.”
However, not all shoppers share the outrage. Marlene Whitehead commented: “That’s still good value.” While Peter Collins argued: “It’s actually still very good value compared to buying the items separately eg., Costa coffee on its own would be roughly £2.60.”
Do Tesco meal deals still save money?
Despite the increase, Tesco insists its meal deal remains competitive. Popular choices — such as a Tesco Chicken Club sandwich, an Egg Protein Pot, and a 500ml Coca-Cola — cost £6.50 if bought individually.
That means Clubcard members still save £2.65, while non-members save £2.25.
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Looking ahead, Chaudry said: 'Our core strategy is centred on gyms, fitness, and wellness. Through our premium health club brand M Club and our affordable fitness chain igym, we will continue expanding across the UK.'
WATERWORLD Aqua Park has been sold to European leisure operator the Looping Group in a multi-million pound deal.
The sale takes M Investment Group’s net assets beyond £110 million, with overall shareholder value now exceeding £170 million.
Mo Chaudry, chairman of M Investment Group, said: “Waterworld has been a huge part of my life and business journey and I am proud of everything we have achieved as a Team. I am now handing over the baton to Looping, a world-class operator with the vision and expertise to take Waterworld even further ensuring the resort has an exciting future.”
He said Waterworld had been “an incredible success story and a big part of my life for over 26 years. But the time is right to hand over the baton to Looping, a world-class operator with the scale and expertise to take the attraction to the next level. This sale also enables M Investment Group to sharpen our focus on our core strengths in fitness, wellness, and international leisure opportunities.”
Chaudry confirmed that the details of the deal remain confidential but added: “As a result, M Investment Group’s net assets now exceed £110 million, and our overall business worth has grown to more than £170 million. It’s a major milestone in our journey.”
He said staff jobs at Waterworld are secure. “They have a proven track record of running successful leisure destinations across Europe, and they’ve made a clear commitment to investing in the park and supporting the local community. Staff jobs are secure, and the park’s loyal visitors can expect even more exciting developments ahead.”
Looking ahead, Chaudry said: “Our core strategy is centred on gyms, fitness, and wellness. Through our premium health club brand M Club and our affordable fitness chain igym, we will continue expanding across the UK. At the same time, our fitness solutions provider Pulse Global Group is targeting strong international growth in the Middle and Far East regions with outstanding long-term potential.”
He said Waterworld had played a key role in his business journey. “Waterworld has been more than just a business — it’s been a passion. It taught me valuable lessons in entrepreneurship, resilience, and vision. It’s been a place where millions of families have created memories, and I’m proud to have played a part in that.”
Chaudry confirmed he will not remain involved in its operations. “Waterworld will now be fully operated by Looping. I’ll remain a passionate supporter but my focus as Chairman of M Investment Group will be on driving our next phase of growth.”
Looping Group operates more than 20 leisure destinations across Europe. Laurent Bruloy, Executive Chairman and co-founder of the group, said: “We are delighted to welcome Waterworld into the Looping family. It is a truly iconic attraction, and we look forward to building on its reputation for excellence while supporting the regional community.”
Chaudry said he is now focused on the future. “I’m excited about the opportunity to make a lasting impact on health and wellbeing, both in the UK and internationally. With the combined strength of M Club, igym, and Pulse Global Group, we are well positioned in the fast-growing fitness and wellness sector whilst continuing to build a world-class family investment group.”
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FILE PHOTO: A pharmacist shows a box of Prednisolone by Zentiva in Brest, western France. -(FRED TANNEAU/AFP via Getty Images)
INDIA's Aurobindo Pharma on Wednesday (20) dismissed media reports suggesting it had finalised a deal to acquire Czech drugmaker Zentiva, calling the claims “premature” and added that no binding agreement has been signed.
The clarification came after The Economic Times reported that Aurobindo was the frontrunner to acquire Zentiva from US-based private equity firm Advent International in a deal valued between $5 billion and $5.5bn (around £3.95bn to £4.35bn). If confirmed, this would be the largest-ever overseas acquisition by an Indian pharmaceutical company.
However, Aurobindo issued a statement to stock exchanges denying that any agreement had been finalised.
“As part of our business strategy, the company regularly explores various strategic opportunities, including potential acquisitions and partnerships, which can enhance shareholder value,” Aurobindo Pharma said in a regulatory filing on Wednesday.
“But at present, no binding agreement or definitive decision has been made by the Board of Directors of the company in relation to the transaction referred to in the said article(s). Accordingly, the said news item is premature and should not be relied upon,” the company added.
Aurobindo also assured investors that it would make timely disclosures if any definitive development arises that requires notification under India's regulator, SEBI.
The company's shares fell as much as 4.7 per cent during early trading on Wednesday after the report was published, but recovered slightly following the clarification. The stock closed 3.9 per cent lower on the NSE. So far in 2025, Aurobindo Pharma’s stock has dropped around 21 per cent, compared to a two per cent rise in the benchmark Nifty 50 index.
Advent International and Zentiva have not commented on the report.
Zentiva, based in Prague, is a well-known producer of generic medicines across Europe. If Aurobindo were to go ahead with the acquisition, it would mark a major step in expanding its presence in the European market and diversifying its portfolio beyond the US.
The reported deal would surpass other significant transactions in the Indian pharma sector, including Sun Pharma’s acquisition of Ranbaxy and Biocon Biologics’ buyout of Viatris’ biosimilar business.
Aurobindo is already active in international expansion. In July, its wholly owned US subsidiary signed a deal to acquire Lannett Company LLC, a generics manufacturer, for about $276 million (£218m). That deal is aimed at strengthening its manufacturing base and product offerings in the US.
The US remains a crucial market for Aurobindo, contributing nearly half of its annual revenue. Industry analysts say Indian pharma firms are increasingly pursuing global acquisitions to mitigate risks from potential US trade policies. US president Donald Trump had recently suggested steep tariffs on imported medicines.
“We’ll be putting initially a small tariff on pharmaceuticals, but in one year – one and a half years, maximum – it’s going to go to 150 per cent and then it’s going to go to 250 per cent because we want pharmaceuticals made in our country," Trump said in an interview.
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Britain’s food retailers have said that higher employer taxes and regulatory costs as well as increased staff wages are adding to inflationary pressure
British grocery inflation nudged down to stand at five per cent over the four weeks to 10 August, data from market researcher Worldpanel by Numerator showed on Tuesday (19), providing a little relief for consumers.
The figure, the most up-to-date snapshot of UK food inflation, compared with 5.2 per cent in last month’s report.
“We’ve seen a marginal drop in grocery price inflation this month, but we’re still well past the point at which price rises really start to bite and consumers are continuing to adapt their behaviour to make ends meet,” Fraser McKevitt, head of retail and consumer insight at Worldpanel, said.
The researcher said prices were rising fastest in markets such as chocolate, fresh meat and coffee and falling fastest in champagne and sparkling wine, dog food and sugar confectionery.
Britain’s food retailers have said that higher employer taxes and regulatory costs as well as increased staff wages are adding to inflationary pressure from higher prices for commodities.
Trade body the British Retail Consortium, which represents Britain’s biggest retailers, predicts that food inflation will hit 6 per cent by the end of the year, putting more pressure on household budgets in the run-up to Christmas.
The Bank of England has forecast it will hit 5.5 per cent before Christmas and then fall back as global wholesale factors fade.
Official UK inflation data for July will be published on Wednesday. (Reuters)