Tag Archives: UK

TÜV Rheinland Becomes New MCS Certification Body, Advancing Sustainable Energy in the UK

(IN BRIEF) TÜV Rheinland, an independent testing and certification organization, has been accredited as a new product certification body for the Microgeneration Certification Scheme (MCS) in the UK. Initially focusing on solar panel products, the partnership aims to expand into … Read the full press release

UK Business Confidence Declines in July Amid Economic Uncertainty and Rising Interest Rate Worries

(IN BRIEF) Business confidence in the UK fell by six points to 31% in July, mainly due to lower economic optimism, reaching a five-month low. Rising interest rates have become a major concern for businesses, and the retail sector showed … Read the full press release

Aviva Research Shows UK Financial Advisers Prepared for Consumer Duty, But Challenges Remain Ahead of Deadline

(IN BRIEF) According to research by Aviva, financial advisers in the UK are largely prepared to evidence their work on Consumer Duty outcomes, with over 90% indicating that they have either completed or are currently working on providing evidence for … Read the full press release

Logicor’s Ambitious Redevelopment Plan Creates Modern and Sustainable Logistics Hub in the UK’s Golden Triangle

(IN BRIEF) Logicor, a prominent logistics real estate owner and manager in Europe, is embarking on its largest redevelopment project in the UK. The site, located in the Midlands, within the Golden Triangle logistics hub, will be transformed into Logicor … Read the full press release

Poll Highlights Swing Voters’ Support for Green Economy: RenewableUK’s Key Findings

(IN BRIEF) A recent independent poll conducted by Opinium Research for RenewableUK revealed that the majority of swing voters want more action on renewable energy. Among voters who supported the Conservatives but plan to switch to Labour, 67% believe the … Read the full press release

University of Exeter Recognized as Finalist for UK Social Mobility Awards

(IN BRIEF) The University of Exeter has been nominated for prestigious national awards, the UK Social Mobility Awards, in the Leadership of the Year and University of the Year categories. The university’s initiatives aim to improve access to higher education … Read the full press release

NatWest Enables Tap to Pay on iPhone for Businesses Across the UK

(IN BRIEF) NatWest has announced the availability of Tap to Pay on iPhone for eligible businesses across the UK. Through the NatWest Tap to Pay iOS app, businesses can seamlessly accept contactless payments using their iPhone, without the need for … Read the full press release

UK Receives First Shipment of Net Zero Fertiliser at Southampton Port, Advancing Sustainable Agriculture

(IN BRIEF) Southampton’s port in the UK welcomed a historic arrival of green fertiliser, marking a significant milestone in the country. Grupo Fertiberia’s Impact Zero product line, known for its use of renewable energy during production, was imported by Bartholomews … Read the full press release

Alstom’s Economic Impact in UK and Ireland Exceeds £1 Billion, Spearheading Sustainable Rail Innovation

(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, releases its 2023 Economic Impact Report, revealing its significant contribution to the UK and Ireland. With roots tracing back to the world’s first locomotive works in Newcastle, Alstom has … Read the full press release

Southwest Scotland Harnesses Clean Energy from Vattenfall’s South Kyle Wind Farm

(IN BRIEF) Vattenfall has inaugurated the South Kyle Onshore Wind Farm in southwest Scotland, its largest onshore wind farm in the UK. Once fully operational, the wind farm will have a capacity of 240MW, equivalent to powering 187,000 homes annually. … Read the full press release

Rolls-Royce Makes Aviation History with Successful UltraFan Technology Tests on Sustainable Fuel

(IN BRIEF) Rolls-Royce has successfully completed the first tests of its UltraFan technology demonstrator in Derby, UK. The tests were conducted using 100% Sustainable Aviation Fuel (SAF), marking a significant milestone for the company. The UltraFan technology offers a 10% … Read the full press release

Skanska UK announces new President following retirement of Gregor Craig

(IN BRIEF) Skanska has announced the appointment of Katy Dowding as the new Business Unit President for Skanska UK, taking up her position from May 2, 2023. Dowding has been with the company for over 20 years, holding a variety … Read the full press release

Warwick named UK’s top ‘Esports University’ for fifth year running

(IN BRIEF) The University of Warwick has been named ‘Esports University of the Year’ for the fifth consecutive year by National Student Esports, beating 111 other institutions. The university’s dedication to promoting esports and supporting student gamers was praised, with … Read the full press release

Maersk Leases New Sustainable Facility in the UK to Enhance Logistics Services

(IN BRIEF) Maersk, a global logistics company, has leased a 685,000 sq ft facility at SEGRO Logistics Park East Midlands Gateway in the UK, which is set to be completed by June 2023. The facility is constructed with low GHG … Read the full press release

Ukrainian pharma company YURiA-PHARM acquires Uzbek firm Reka-Med with EBRD financing

(IN BRIEF) YURiA-PHARM, a leading Ukrainian pharma company, has acquired Reka-Med, a pharmaceutical company in Uzbekistan, with the help of €10 million of finance repurposed from an existing loan made by the European Bank for Reconstruction and Development (EBRD). The … Read the full press release

Moldovan businesses to receive €10m loan from EBRD and EU for greater access to finance

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to ProCredit Bank Moldova to support investment financing for micro, small and medium-sized enterprises (MSMEs) in Moldova. The loan will help businesses upgrade their … Read the full press release

EBRD provides €100m financing package to support SME development in Serbia through Banca Intesa Belgrade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €100m loan to Banca Intesa Belgrade to support small and medium-sized enterprises (SMEs) in Serbia. The loan will be on-lent to local businesses and improve their access … Read the full press release

Antalya Airport expansion project secures €140m bridge loan from EBRD

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €140 million capex bridge loan to Fraport TAV Antalya Yatirim for the Antalya Airport expansion project in Turkey. The loan is part of a financing package that … Read the full press release

BAE Systems partners with Heart Aerospace to create battery system for electric regional aircraft

(IN BRIEF) BAE Systems and Heart Aerospace are collaborating to develop a lightweight and innovative battery for Heart Aerospace’s ES-30 regional electric airplane. This will be the first of its kind to be integrated into an electric conventional takeoff and … Read the full press release

Loughborough University secures funding to continue twinning initiative with Ukrainian university

(IN BRIEF) Loughborough University has been awarded additional funding from UKRI’s Research England to continue its twinning initiative with Beketov National University in Ukraine. The project aims to support academics, students, and university leaders during the conflict in the region. … Read the full press release

Loughborough University and ISH partner to offer new Master’s in Leadership in Sport

(IN BRIEF) Loughborough University London and the Institute of Sports Humanities have announced the launch of a new Master’s in Leadership in Sport, set to begin in Autumn 2023. The course is designed for professionals in the sports industry and … Read the full press release

EY collaborates with Microsoft to develop Intelligent Payroll Chatbot using Azure OpenAI

(IN BRIEF) EY has announced a deepened collaboration with Microsoft to develop the EY Intelligent Payroll Chatbot as part of the Next Gen Payroll Platform. Using Azure OpenAI Service and EY payroll offerings, the generative AI chatbot is designed to … Read the full press release

Horace & Hannah, 1906 Great Yarmouth Shrimper, commissioned by Princess Royal at ABP’s Port of Ipswich

(IN BRIEF) Her Royal Highness The Princess Royal visited ABP’s Port of Ipswich to commission Horace & Hannah, a 1906 Great Yarmouth Shrimper, which has been refurbished by Excelsior Trust. The commissioning event took place at The Old Custom House, … Read the full press release

Associated British Ports announces changes in senior roles to strengthen strategic outlook

(IN BRIEF) UK ports group Associated British Ports (ABP) has announced changes in senior roles to enhance its strategic outlook and engagement, and to boost the growth of its Wales and Short Sea Ports business. After nine years as Regional … Read the full press release

University of Dundee student nominates Girlguiding Scotland for volunteering award

(IN BRIEF) A University of Dundee student has nominated Girlguiding Scotland for the university’s annual ‘Organisation of the Year’ award. The award recognises the contributions of organisations that students volunteer for. The nomination was made by a molecular biology student, … Read the full press release

University of Dundee researcher awarded prestigious fellowship for type 1 diabetes cure

(IN BRIEF) Dr James Cantley from the University of Dundee’s School of Medicine has been awarded a Senior Research Fellowship by the Type 1 Diabetes Grand Challenge. The £50m funding for the Grand Challenge was donated by the Steve Morgan … Read the full press release

Social enterprise aims to tackle mental health crisis in Dundee with More Than Profit model

(IN BRIEF) The McGhee Award, a £25,000 prize for new business ideas, has been introduced by the Centre for Entrepreneurship at a University in Dundee. The award was donated to the university by alumni Christopher McGhee and Dr Jo-Ann Nugent, … Read the full press release

Researchers urge countries to intensify efforts to eliminate HIV and HCV in high-risk populations

(IN BRIEF) New research led by the University of Bristol shows that countries need to improve their tracking of HIV and hepatitis C virus (HCV) incidence among people who inject drugs, in order to meet the UNAIDS and WHO targets … Read the full press release

Could ‘touch hunger’ be a modern epidemic? Professor investigates in new book

(IN BRIEF) Professor Michael Banissy, a social neuroscientist at the University of Bristol, has released a new book titled ‘When we touch’, which explores the science behind the human sense of touch. Touch is a critical component of our development … Read the full press release

Standard Chartered leads USD 89.6m sustainability-linked loan for Vista Shipping’s LNG-dual fuelled vessels

(IN BRIEF) Standard Chartered has been appointed to lead a $89.6 million sustainability-linked loan for Vista Shipping, a joint venture between Hafnia and CSSC Shipping Hong Kong, to finance the purchase of its first pair of liquefied natural gas (LNG)-dual … Read the full press release

Parental Pressure and Social Media Drive Teens’ Compulsive Exercise, Finds Loughborough University Study

(IN BRIEF) Loughborough University research finds that young people’s exercise attitudes and habits are influenced by parents, peers, and social media. The ongoing research focuses on how social influences are linked with compulsive exercise in under-16s. The research team has … Read the full press release

BAE Systems partners with Plug Power to deliver emission-free hydrogen fuel cell buses for Rochester, NY transit fleet

(IN BRIEF) BAE Systems will supply its next-generation electric power and propulsion systems for three hydrogen fuel cell buses in Rochester, New York, to run emission-free. The company will provide its Gen3 electric drive system for ElDorado National (California)’s Axess® … Read the full press release

EBRD to Provide up to $150 Million for Kazakhstan’s Green Economy Financing Facility II

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching a new financing facility to help Kazakhstan reduce energy consumption and promote the use of renewable energy sources. The EBRD is providing funds of up to $150m to … Read the full press release

Exeter Student Elizabeth Chandler Develops Bias Toolkit for Ethical AI

(IN BRIEF) University of Exeter undergraduate student Elizabeth Chandler, who recently won the Women in Tech Award and Innovate UK’s Young Innovators Award for her AI start-up The Good Robot Company, has had a research paper on ethical AI accepted … Read the full press release

Majority of Advisers Expect Significant Changes to Processes for Compliance with Consumer Duty, Says Aviva

(IN BRIEF) A new survey by Aviva has found that over 80% of advisers in the UK believe that the upcoming Consumer Duty regulation feels like a rebranded version of TCF (Treating Customers Fairly). However, the Consumer Duty ranks low … Read the full press release

International conference explores the human cost of coastal heritage loss from climate change

(IN BRIEF) The University of East Anglia will hold a conference discussing the loss of coastal heritage due to climate change, and how it can be addressed in policy. Despite the growing realisation that heritage losses due to climate change … Read the full press release

Study Warns of Increased Risk of Flesh-Eating Bacteria Along US Coast Due to Climate Change

(IN BRIEF) A new study by the University of East Anglia warns that continued warming of the climate would cause a rise in the number and spread of potentially fatal infections caused by bacteria found along parts of the coast … Read the full press release

Newcastle University partners with New Writing North to sponsor Gordon Burn Prize

(IN BRIEF) Newcastle University has partnered with New Writing North to sponsor the Gordon Burn Prize for three years. The prize, which recognizes and celebrates bold writing that often finds its readers outside the mainstream, was launched in 2012 by … Read the full press release

New FCA executive appointments reflect commitment to reducing financial crime and ensuring consumer protection

(IN BRIEF) The Financial Conduct Authority (FCA) has appointed Therese Chambers and Steve Smart as joint Executive Directors of Enforcement and Market Oversight to expand the FCA’s enforcement and market oversight leadership team following Mark Steward’s departure. Chambers and Smart … Read the full press release

Aviva Reports 98.3% Claims Paid Rate in Individual Protection Policies

(IN BRIEF) Aviva has paid out more than £1bn ($1.39bn) across life insurance, critical illness, income protection, and other individual protection policies, exceeding £2.9m being paid out every single day in 2022. The claims paid rate of 98.3% across all … Read the full press release