Tag Archives: UK

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

International Automotive Photography Awards returns for third edition with Bentley as sponsor

(IN BRIEF) Bentley is set to sponsor the third edition of the International Automotive Photography (IAP) Awards, which seeks to highlight the best in automotive photography. The competition is open to professionals, amateurs, and enthusiasts alike and has six categories. … Read the full press release

Barclays Report Reveals Brits’ Pandemic Habits That Have Stood the Test of Time

(IN BRIEF) Barclays has released new insight into consumer trends that have endured since the start of the UK’s first lockdown three years ago. The bank’s data shows that almost one in three Brits has started a new small business … Read the full press release

Professor Hywel Williams to lead groundbreaking Joint Centre for Excellence in Environmental Intelligence at University of Exeter

(IN BRIEF) The University of Exeter has appointed Professor Hywel Williams as Co-Director of the Joint Centre for Excellence in Environmental Intelligence (JCEEI). The centre brings together leading researchers from the University and the Met Office to develop Environmental Intelligence … Read the full press release

SCC acquires IT reseller Vohkus in first step of £300m investment program

(IN BRIEF) IT services provider SCC has acquired Vohkus, a UK-based IT reseller, for an undisclosed amount. The acquisition is the first since SCC announced its £300m ($415m) technology investment program. Vohkus, which has 160 employees, provides IT product reselling … Read the full press release

University of Bristol becomes new home of UK’s pioneering cyber security research institute

(IN BRIEF) The University of Bristol has announced that it is now the home of the Research Institute for Sociotechnical Cyber Security (RISCS), one of the oldest research institutes of the UK’s National Cyber Security Centre. RISCS is known for … Read the full press release

New study shows universal free school meals improve pupils’ behaviour, concentration and mental health

(IN BRIEF) A pilot scheme conducted by the London Borough of Hammersmith and Fulham providing free school meals to all secondary pupils showed positive results, according to a new study by the University of Bristol. The pilot scheme, the first … Read the full press release

Lightsource bp supports open and honest debate on Dutch energy transition through Studio Energie partnership

(IN BRIEF) Renewable energy company, Lightsource bp, has announced its partnership with Dutch energy podcast, Studio Energie, as a “friend of the show.” The weekly podcast is hosted by Remco de Boer, a prominent researcher in the Dutch energy and … Read the full press release

TotalEnergies updates climate ambition in 2023 Progress Report

(IN BRIEF) TotalEnergies has released its Sustainability & Climate – 2023 Progress Report, which highlights the company’s transformation strategy and its updated climate ambition. The report reveals that TotalEnergies was the most profitable major among the five super-majors in 2022, … Read the full press release

NatWest and West Yorkshire business leaders discuss boosting ethnic minority businesses

(IN BRIEF) Mayor Tracy Brabin and NatWest have held an event in Leeds to discuss advancing the growth potential of ethnic minority businesses in West Yorkshire. The event launched the ‘Time to Change: A blueprint for advancing the UK’s ethnic … Read the full press release

EBRD hosts first event of Alliance for Entrepreneurship in Africa to support North African start-ups

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) hosted an event in Cairo to launch the Alliance for Entrepreneurship in Africa. The aim of the Alliance is to promote cooperation between policymakers and stakeholders in the African start-up … Read the full press release