Somerset Council has chosen to stagger the sale of its commercial assets to avoid appearing as a “weak wildebeest” to opportunistic bidders. Since 2023, the council has been gradually selling surplus land and properties …
Somerset Council has revealed losses exceeding £91 million on its inherited commercial property investments, with further declines anticipated as the council continues to divest assets. Since its establishment in April 2023, …
The Avon Pension Fund, one of the UK’s significant pension schemes with 135,000 members primarily in public sector roles across the former county of Avon, has voted to maintain its investments in the arms industry. This …
Lando Norris, the newly crowned Formula 1 world champion, not only made headlines for his racing prowess but also for the remarkable fortune of his father, Adam Norris. With a net worth estimated at around £205 million, Adam …
The Avon Pension Fund is approaching a critical vote on whether to withdraw its investments from aerospace and defence companies. This £6 billion fund manages the Local Government Pension Scheme for the former county of Avon, …
A Conservative councillor has alleged that Somerset Council may have incurred a loss of nearly £5 million from the sale of the Marks and Spencer store in Yeovil. This claim highlights ongoing concerns about the council’s …