Business

Foot Anstey LLP has advised QIB-UK, the Shariah-compliant London-based private bank, on a senior Murabaha facility to refinance a commercial property asset.

The transaction helped enable the refinance of a commercial property asset occupied by Travelodge Hotels Limited, which operates as the 84-bedroom Travelodge London Clapham Junction hotel.

The Foot Anstey Islamic Finance team that worked on the deal included Lingxi Wang (Managing Associate) and Leena Payyappilly (Associate). The team worked in conjunction with QIB-UK to smoothly deliver the transaction and help provide...

The Heart of the South West LEP have today announced that they have awarded funding for two new programmes providing digital skills and digital business support in the Heart of the South West region.

The Digital Skills Programme will be delivered through Devon County Council, and the Digital Skills Utilisation Programme will be delivered through Devon County Council and the Heart of the South West Growth Hub. Both programmes are due to run until March 2025 across Somerset, Devon, Plymouth and Torbay.

The Digital Skills Programme has three strands:

• Working with
...

Financial experts Old Mill have strengthened their Wealth Management team with the appointment of Chartered Financial Planner Tom Parry.

Tom, 43, has more than 20 years’ experience in financial services and comes to Old Mill from Independent Financial Advisers Integrity 365. Prior to that, he spent 11 years at Francis Clark, where he developed his specialisms in retirement planning and business protection.

In his new role, Tom, who lives in Exeter with his wife and two sons aged 13 and 11, will be based at Old Mill’s Exeter office where he will provide comprehensive...

Volvo Group UK Ltd is adopting Devon waterless urinal technology at its UK HQ in Warwick, and its Felixstowe Renault Truck Commercials Depot, to help cut CO2 and water waste. The flushless urinals are part of the organisation’s commitment to reach net-zero by 2040, covering direct and energy indirect emissions from operations, purchased goods and services.

The roll-out of the waterless urinals, provided by Exeter-based Smarti Environmental, is set to slash Volvo Group UK Ltd’s carbon footprint from its washrooms by 105kg of CO2 per urinal, per year. The switch from flushing to...