Culture Secretary announces £250m Culture Investment Fund
The culture and creative sector will benefit from £250m of funding for innovative cultural projects, libraries, museums and creative industries. Cultural Development Fund will receive over £90m in investment to develop and grow the sectors of heritage, culture and creativity. This cash injection will grant the fund another five years of operation, ultimately enabling more than 20 places across the country the chance to improve their local infrastructure. A further £125m of the funding will be invested in maintenance work at regional museums and libraries around the country. Local landmarks and precious collections can be better safeguarded with this increased funding, meaning there will be more opportunities for community and commercial use. £18.5m of the proposed funding will be the...
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Lidl to open 60 new stores with £15bn of investment into British food
The German supermarket giant has put aside a multi-billion pound fund to help grow and increase its British empire. Over the next five years, Lidl GB has pledged to spend £15bn on British suppliers to increase the sales of British-sourced meat, poultry and fresh produce by more than 10 per cent during the next year. This declaration followed Lidl´s commitment to sourcing 100 per cent of its fresh poultry from UK farms. Last week, the discount supermarket has also launched its biggest distribution centre in the UK at Eurocentral in Motherwell, Scotland. This 58,000 square metre development cost £70m and created 250 jobs. Lidl is dedicated to expanding stores over the next two years and has pledged £1.45billion for the...
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International News
World Summit of Nobel Peace Laureates Calls for Decisive Action, With No Time to Waste
MERIDA, Mexico, Sep 23 (IPS) - In a world of increasing fragility and declining resources, can the world foster peace? With a looming climate crisis, is war inevitable? Will nuclear war be the final result? Are women the ultimate peace builders? How do we train and engage youth to promote...
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Kenya Plans to Leverage on Strategic Partnerships to Advance the “silicon Savannah” and Fast-track the Attainment of the Sustainable Development Goals
NEW YORK, Sep 21 (IPS) - The Government of Kenya today signed a Communique with the Center for Effective Global Action (CEGA) at the University of California, Berkeley, along with The Rockefeller Foundation, and the United Nations to inspire future action and support for the delivery of Kenya's Big Four...
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Investment News
