Somerset Council Delays Asset Sales to Avoid Appearing Vulnerable to Opportunistic Buyers Tuesday, July 7, 2026 somerset council assetsales propertymarket investments commercialproperty localgovernment realestate marketstrategy financialreturns 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 … Read More
Somerset Council Faces Over £91 Million Loss on Commercial Property Investments Monday, July 6, 2026 somerset council investments property losses borrowing assets sales rentalincome debt 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, … Read More
Avon Pension Fund Votes to Continue Investments in Arms Industry Despite Member Concerns Monday, December 15, 2025 avon pensionfund divestment armsindustry ethics investments aerospace defence legal membersurvey 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 … Read More
Lando Norris' Father Surpasses Max Verstappen in Net Worth Among UK's Wealthiest Sunday, December 7, 2025 landonorris adamnorris formula1 networth mclaren monaco investments motorsport f1champion wealth sport 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 … Read More
Avon Pension Fund Faces Divestment Vote on Arms Investments Sunday, December 7, 2025 pensions divestment aerospace defence ethics investments avon humanrights climate finance 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, … Read More
Sale of Yeovil Marks and Spencer Store May Have Cost Somerset Council Nearly £5 Million, Claims Councillor Saturday, November 8, 2025 somerset yeovil marksandspencer propertysale council investments financialloss realestate localgovernment borrowing 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 … Read More