The cross-Solent operator will be owned by Balfour Beatty Infrastructure Partners (BBIP) after Macquarie European Infrastructure Fund (MEIF) offloaded it for an undisclosed sum.

Wightlink said there would be no changes to staffing, pricing, routes or schedules, the BBC reported.

Earlier this year, three businessmen launched a campaign to buy the company in an attempt to prevent price rises and run more crossings from the mainland to the Isle of Wight.

Steven