3i Infrastructure considering sale of Anglian Water
3i Infrastructure considering sale of Anglian Water. The Board of 3i Infrastructure plc says it notes the press speculation regarding a potential sale of its interest in Anglian Water Group. The company confirms that it is considering options in relation to its holding in Anglian Water which is held through 3i Osprey LP, a partnership managed by 3i Investments plc, the investment adviser. These considerations are at an early stage and, as such, there can be no certainty that they will...
Watch – 60 firefighters tackle inferno at oil & gas factory in business park near Gatwick Airport
A major incident was declared after a huge inferno erupted at an oil and gas factory, sending flames more than 100ft into the air. Around 60 firefighters and 12 engines were called to the blaze, which ignited eight tanks of red diesel and oil and sent massive plumes of smoke into the air just six miles from Gatwick Airport. The massive fire broke out just after 1:15am on Monday morning at the Rowfant Business Park in Crawley Downs, West Sussex....
Terminally ill man attempts to complete bucket list of 50 countries
Terminally ill Ron Flewett is involved in a dramatic race against time – to complete his mind-boggling ‘bucket list’ of visiting 50 countries before he dies. Dad-of-two Ron, 56, and wife Maxine set themselves the globe-trotting goal after he was diagnosed with idiopathic pulmonary fibrosis (IPF) in 2014 and given three to five years to live. Incredibly, Ron has already splashed out around £20,000 clocking up ten of thousands of miles ticking off 33 countries, islands or territories including the...
In pictures: Britain’s biggest-ever warship makes its maiden voyage
Britain's biggest-ever warship, the aircraft carrier HMS Queen Elizabeth, made its maiden voyage last night at low tide. The 65,000-tonne giant, which cost £3.5 billion, will be the flagship of the Royal Navy equipped with 36 multi-tole Lightning II stealth fighters. Work on the carrier began in 2009 and has been dogged by delays and overruns in cost. But yesterday she inched out of her tight dockyard for the first time to begin a series of open water trials. The ship had just...
Summit Germany spends €100m in Wolfsburg
Summit Germany spends €100m in Wolfsburg. Summit Germany Limited, the AIM-listed German commercial property investment company, has announced that it has entered into an unconditional agreement with Dazzle Capital Holdings Ltd., for the acquisition of a portfolio of commercial properties at a total purchase price of approximately €100 million including acquisition costs, located in 4 different sites in the city of Wolfsburg, Germany. The aggregate annual net rent from these properties is €7.9 million, which reflects rental yield of 7.9%. The...
Shocking figures show North West has lost 77,000 manufacturing jobs in past decade
Region's industry nosedives in ‘massive problem for workers and local economy. The North West has haemorrhaged more than 77,000 manufacturing jobs in the past decade, a new study by GMB has shown. The figures were discussed at GMB’s annual Congress in Plymouth. They show that 77,700 jobs in the sector disappeared from 2006 to 2016, a massive fall of 18%. Between them the lost jobs have meant the North West has seen £725 million less paid in manufacturing wages in...
Five Films That Help Define The New Hollywood Era
This weekend saw the 50th Anniversary re-release of The Graduate, Mike Nichols’ seductive black comedy that followed Dustin Hoffman’s naïvely disillusioned college graduate, Ben Braddock, as he grappled with his ardent attraction for the sultry Mrs. Robinson (a captivating Anne Bancroft), and his sentimental adoration for her daughter, Elaine (Katherine Ross). Crafted from the original 35mm camera negative, this gorgeous new 4K restoration effortlessly enhances the film’s hypnotic visual vibrancy, whilst never detracting from the compellingly darker aspects of the...
LondonMetric Property sells last Marlow office
LondonMetric Property sells last Marlow office. LondonMetric Property has announced that it has exchanged on the sale of its last remaining office asset in Marlow to Kildare Partners for GBP68.5 million. The 231,000 sq ft office property is 96.7% let off a WAULT of 7.0 years to Allergan, Dun & Bradstreet, Lexington Catering, Icon Clinical and Aptos. The rental income is GBP4.9 million pa. The property was acquired in 2012 for GBP50.2 million, reflecting a NIY of 8.9%. Since acquisition, LondonMetric...
Disgusting: Thugs attack father-of-three and daub “final solution” graffiti in his home
A traumatised father-of-three says he is scared for his family after vile thugs attacked him in his home and daubed racist graffiti on his walls. Jamil Azam, 42, was at home alone fixing a door handle when he was hit from behind and knocked unconscious. When he came to and he found his walls daubed with the message, "Cockroaches. We need a final solution #Machester." Jamil said when he saw the graffiti with "Manchester" - incorrectly spelled "Machester" - he...