(IN BRIEF) Rothesay has committed £150m to a new unsecured debt facility for social housing retrofitting, launched by the National Wealth Fund (NWF) and The Housing Finance Corporation (THFC). The facility, with an initial £150m guarantee from the NWF, enables … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, News, Real Estate, United Kingdom
Tagged bond market investors, capital, Chancellor of the Exchequer, decarbonization, demand, emissions, energy consumption, energy efficiency, financial guarantee, housing stock, institutional capital, John Flint, long-term loans, National Wealth Fund, net zero, NWF, NWF Chief Executive Officer, Priya Nair, Rachel Reeves, registered providers, Rothesay, Rothesay Chief Executive, RPs, secured lending, social housing retrofit, Sustainable Communities, The Housing Finance Corporation, THFC, THFC Chief Executive, Tom Pearce, unsecured debt facility, £250m
(IN BRIEF) KfW IPEX-Bank has provided EUR 26 million in financing to Carisbrooke Shipping to support the construction of two modern, environmentally-friendly general cargo vessels. The project, backed by Dutch export credit insurance, contributes to the British company’s fleet renewal … Read the full press release
(IN BRIEF) DHL eCommerce has unveiled its new 25,000 m² parcel hub near Coventry Airport, marking a significant step in expanding its operations in the UK. With a focus on sustainability and advanced automation, the facility will support growing e-commerce … Read the full press release
(IN BRIEF) The fourth-generation Bentley Continental GT has been recognized with three major accolades from readers of leading publications in Germany and Switzerland. The Grand Tourer, known for its exceptional performance and luxurious craftsmanship, won top honors in the luxury … Read the full press release
(IN BRIEF) BAE Systems has been chosen to design and build the spacecraft bus for NOAA’s Space Weather Next L1 Series mission. Set for launch in 2029, the mission will enhance NOAA’s space weather forecasting capabilities and provide critical data … Read the full press release
(IN BRIEF) The EBRD is lending €10 million to Raiffeisen Bank Bosnia and Herzegovina under the Go Digital in Western Balkans Programme, aimed at boosting SMEs’ competitiveness through digitalisation, sustainability, and green economy technologies. The programme is supported by EU … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Financial, Industrial, Infrastructure & Utilities, Small Business, Technology, United Kingdom
Tagged Antonella Di Sandri, automation, Bosnia and Herzegovina, competitiveness, digital technologies, digital transformation, digitalisation, EBRD, EBRD investments, EU funding, EU grants, EU Support, financing, Global Competitiveness, Go Digital in Western Balkans Programme, green economy, green economy technologies, Inclusive Growth, INNOVATION, Operational Efficiency, private sector, Raiffeisen Bank, Rainer Schnabl, Regional integration, SMEs, Stela Melnic, sustainability, Technical Assistance, trade potential, women-led businesses
(IN BRIEF) Culann Mackay, a third-year Illustration student at the University of Dundee, has created a striking piece for the Archive Exhibition, inspired by a recorded interview with Fife musician Barbara Dymock. The work, which draws from Dymock’s reflections on … Read the full press release
Posted in Art & Culture, Education, Science, Society, United Kingdom
Tagged Alistair Brodie, archival material, Archive Exhibition, Artwork, Barbara Dymock, career, creative boundaries, Culann Mackay, desk, DJCAD, doctor, Dundee, Dundee Hogmanay tradition, Fife, free admission, Groucho’s, Illustration course, local history, Matthew Building, Methil, mining heritage, Mining Industry, music, musical notes, Natalie Russell, Perth Road, print, The Archive’s Alive, third-year students, University of Dundee
(IN BRIEF) Unilever has announced that Hein Schumacher will step down as CEO and Board Director by March 1, 2025, with Fernando Fernandez, currently the CFO, succeeding him as CEO. This leadership transition aligns with the company’s commitment to further … Read the full press release
Posted in Business, Food & Beverage, Industrial, Management, United Kingdom
Tagged Beauty & Wellbeing, Board Director, CEO Appointment, Chief Executive Officer, executive remuneration, Fernando Fernandez, financial outlook, GAP, global leadership, Growth Action Plan, Hein Schumacher, Ice Cream business separation, Latin America, medium-term guidance, performance-driven leadership, productivity programme, Shareholder Value, Srinivas Phatak, Unilever, Unilever leadership change, Unilever strategy
(IN BRIEF) The latest quarterly Distributive Trades Survey from the CBI shows that retail sales in February continued to decline for the fifth consecutive month, with retailers expecting a more significant downturn in March. Retailers remain pessimistic about the future, … Read the full press release
Posted in Business, Politics, Retail, Society, United Kingdom
Tagged Apprenticeship Levy, Business confidence, business rates, capital expenditure, CBI, consumer demand, distribution sales, Distributive Trades Survey, Economic Outlook, economic sentiment, February retail sales, headcount, investment decline, investment intentions, March sales forecast, Martin Sartorius, motor trades, online sales, retail jobs, retail performance, retail price inflation, retail sales, retail sector, seasonal sales, stock volumes, wholesale
(IN BRIEF) Morrisons has partnered with the discount platform Purpl to offer a 10% discount on grocery orders of £25 or more for the UK’s disabled community. This initiative is aimed at easing the additional living expenses faced by disabled … Read the full press release
Posted in Food & Beverage, Retail, Society, United Kingdom
Tagged 10% discount, accessible shopping, additional living costs, Blue Badge, Charlotte Exell, delivery service, disability benefits, disability discounts, disability verification, disability-related expenses, Disabled Bus Pass, disabled community, Disabled Persons Railcard, DLA, Food to Order, Georgina Colman, grocery shopping, home delivery, loyalty programme, More Card, Morrisons, Morrisons discount, online shopping, party food, PIP, Purpl, Purpl members, savings, scope, UK, weekly grocery shop, weekly savings
(IN BRIEF) The AA and NatWest Boxed have partnered to offer UK consumers instant savings accounts and personal loans. The collaboration will provide The AA’s members with easy access to financial services while allowing The AA to expand its offerings, … Read the full press release
Posted in Banks, Financial, United Kingdom
Tagged embedded finance, financial services, Jakob Pfaudler, NatWest Boxed, personal loans, savings accounts, The AA, UK
(IN BRIEF) Barclays UK has appointed Jatin Patel to lead its mortgages, savings, and insurance division. Jatin brings over 20 years of experience in retail financial services, having held leadership positions at organizations like TSB Bank and Lloyds. He succeeds … Read the full press release
Posted in Banks, Business, Financial, Insurance, Management, United Kingdom
Tagged Allison Buckley, Barclays UK, financial services, insurance, Jatin Patel, leadership, Mark Arnold, mortgages, savings, Vim Maru
(IN BRIEF) A nursing student and two lecturers from the University of East Anglia (UEA) have been recognized in the prestigious Student Nursing Times Awards for their exceptional work in improving care for children, young people, and families. These individuals … Read the full press release
Posted in Awards, Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Awards, Children and Young People’s Nursing, Gabriella Nshirahene, Health Education, Health Sciences, Joe Ellis-Gage, leadership, Nursing Education, Nursing Excellence, Paediatric Care, SEPSIS, Student Nursing Times Awards, Teaching Innovation, Teresa Johnson, University of East Anglia
(IN BRIEF) A new podcast from the University of Glasgow questions why Scotland’s rich energy resources haven’t translated into greater prosperity or fairness for its people. Hosted by energy historian Ewan Gibbs and sociology lecturer Dominic Hinde, “The Energy That … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Science, Society, Technology, United Kingdom
Tagged climate journalism, Community Impact, Dominic Hinde, ENERGY, Ewan Gibbs, gas, Green Energy, Northern Scotland, oil, podcast, prosperity, renewable energy, Scotland, social change, University of Glasgow
(IN BRIEF) The Financial Conduct Authority (FCA) has revealed the six winners of its research competition, awarding up to £30,000 in funding to each project. These studies aim to deepen the understanding of how regulation can foster economic growth, with … Read the full press release
Posted in Awards, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Awards, Beauhurst, consumer credit, economic growth, Edinburgh Innovations, Fathom Financial Consulting, FCA, financial services, Financial Stability, leadership, LSE Growth Lab, Regulation, research competition, UK fintech, University College London, University of Birmingham
(IN BRIEF) Shell Offshore Inc. and Shell Pipeline Company (SPLC) have entered into an agreement to increase their stake in the Ursa platform and its associated fields in the Gulf of America. This move will raise Shell’s working interest from … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged ConocoPhillips, energy production, Greenhouse Gas Intensity, Gulf of America, oil and gas, partnership, Shell, Strategic Acquisition, sustainability, Upstream Investment, Ursa Platform, Working Interest
(IN BRIEF) AkylAI, the first artificial intelligence system fully compatible with the Kyrgyz language, is breaking new ground in the digital world by preserving and promoting the native tongue. With the help of the EBRD’s Star Venture program, the Kyrgyz … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged AI Startup, AkylAI, artificial intelligence, business strategy, Cambridge University, digital innovation, EBRD, Kyrgyz Language, Language Preservation, partnership, Small Business Impact Fund, Star Venture Program, Voice Recognition
(IN BRIEF) The EBRD is collaborating with Croatia’s Ministry of Finance to design a Strategic Framework for Capital Markets Development, aiming to strengthen the country’s financial sector. The framework, which includes five strategic directions, will guide Croatia’s capital market development … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged capital markets, corporate governance, CROATIA, digitalisation, EBRD, emerging markets, HANFA, Investment Products, Market Liquidity, Ministry of Finance, partnership, Regional integration, SKDD, Strategic Framework, sustainability, Zagreb Stock Exchange
(IN BRIEF) Rolls-Royce has signed a long-term Power Purchase Agreement (PPA) with Stadtwerke Ulm/Neu-Ulm (SWU) to purchase 20,000 MWh of CO2-free hydropower annually. This agreement will help Rolls-Royce reduce its carbon emissions by approximately 7,000 tons each year, marking a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged climate neutral, CO2-free energy, greenhouse gas emissions, hydropower, Microgrids, partnership, Power Purchase Agreement, renewable energy, Rolls-Royce, Stadtwerke Ulm, sustainability
(IN BRIEF) Prudential has announced a three-year premier sponsorship with the Million Dollar Round Table (MDRT) to support the professional growth of its agents. This collaboration will provide access to exclusive resources, bespoke development opportunities, and the launch of the … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, News, Technology, United Kingdom
Tagged #ProudToBePru, agency growth, Agency Recognition, Carol Kheng, MDRT, Million Dollar Round Table, Pankaj Banerjee, partnership, professional development, Prudential, PRUMDRT
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