Motoring by Press Association 06/12/2018, 1:19 pm FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter UK motorways could soon carry the names of big business if a sponsorship plan gets the green light. The Times reports that the government is drafting a plan to secure deals for motorways, which would see them sporting big businesses’ signs and incorporating their name, similar to many sports stadiums across the globe. It’s thought such deals would ramp up funding for removing litter and road improvements. The plan has been likened to the United States’ Adopt-A-Highway scheme, which lets businesses have a strong advertising presence on roads, with the money raised being used for maintenance. The Times says firms could expect to pay up to £20m annually for the naming rights to a motorway. The paper says the Treasury will launch the scheme in the new year, with rights to sections of the M1, M3, M4, M5, M6, M8, M25 and … [Read more...] about What’s in a name? UK motorways could be sponsored by businesses
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Name of 17-tonne machine which will stop 4,000 homes flooding revealed
It could have ended up being called Drilly McDrillface. But instead a huge tunnelling machine set to start work on the next phase of a £22m flood alleviation scheme near Anlaby is now known as West Ella Worm. The name was ten-year-old Ella Jade Whincup's winning entry in a competition among pupils at Springhead Primary School in Anlaby. Along with some of her fellow pupils, she was on hand to officially name the the 17-tonne machine today before it disappears underground to dig out a 1.2km-long tunnel beneath a hill either side of West Ella and Tranby valleys. When completed, it will carry excess flood water during periods of heavy rain as part of a wider scheme designed to reduce the risk of flooding to around 4,000 homes and more than 70 businesses in the Anlaby, East Ella and Hessle areas which were badly affected during the devastating 2007 floods. Teacher Alison Dutton said: "It's been a great project for the school to be involved in. "The design team came to talk to the … [Read more...] about Name of 17-tonne machine which will stop 4,000 homes flooding revealed
The new most important business leaders in Plymouth
A former police officer who has also helped steer a major law firm to success has been named as the new chief executive of Plymouth and Devon Chamber of Commerce. Mr Elford will take over at the organisation in October 2018, replacing George Cowcher, who has stepped down as he nears retirement. Mr Elford , who has been a director of the chamber, will be in charge at a crucial point for the chamber. It is rebranding from being named Devon Chamber of Commerce in order to emphasise its commitment to its Plymouth heartland while not neglecting the rest of the county. And the chamber will move out of its Georgian city centre mansion, selling it to move into rented offices at Derriford and focusing on helping businesses grow and export. Mr Elford will also have a new board, following recent elections. Re-elected were Richard Stevens and Tim Jones, while new directors are Dr Emily Beaumont, Craig Moore, Paul James and Steve Whiteway. They replace out-going directors Dave Young, Andrew Sewell, … [Read more...] about The new most important business leaders in Plymouth
Business Breakfast LIVE: Rolls-Royce to sell commercial marine business in £500m deal
Good morning and welcome to the Business Breakfast live blog for Friday, July 6. I'm Coreena Ford and I'm running the blog today. The business team's live blog brings you all the breaking news from across the North East, the UK and beyond - basically anything and everything from the world of business. The top stories of the day involves deals - one accepted and one turned down. First up is Rolls-Royce, which has agreed to sell its loss-making commercial marine business to Norwegian firm Kongsberg. And British satellite firm Inmarsat has rejected a second takeover approach by US rival Echostar - a deal that valued the business at more than £2bn. We also have news from Stobart and I'll drop in links to some of our other stories you may have missed. Don't forget to join our ChronicleLive business group on Facebook so you can get the latest news from our business team. And if you'd like to contribute tweet at @jnlbusiness to share your opinions, drop me a line at … [Read more...] about Business Breakfast LIVE: Rolls-Royce to sell commercial marine business in £500m deal
Nedbank names a new boss to replace retiring Greg Horton
1 Read comments Wednesday, 7 March 2018 - Business A new boss is taking over at the helm of Nedbank Private Wealth this month. After an extensive search, the Nedbank Private Wealth Board and shareholders announced the appointment of Stuart Cummins to replace retiring managing director and executive head, Greg Horton. Stuart’s background incorporates senior roles with Cazenove Capital, C. Hoare & Co. and Barclays Wealth. Most recently, he was responsible for the portfolio management and wealth planning business at C. Hoare & Co., and was a member of the executive group and investment committee. He was also instrumental in the integration of C. Hoare & Co. into Cazenove Capital last year.Stuart is a chartered wealth manager, fellow of the Chartered Institute for Securities and Investments and a fellow of the Chartered Institute of Bankers.Iolanda Ruggiero, Board representative and managing executive of Nedbank Wealth in South Africa, led the search for … [Read more...] about Nedbank names a new boss to replace retiring Greg Horton