
Pension Funds Agree to Invest 5% Into UK Private Assets
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CBS News
28 minutes ago
- CBS News
Communities raise concerns over ALCOSAN's multi-billion-dollar wastewater project
Some communities are raising concerns about the impacts of the construction for ALCOSAN's multi-billion-dollar wastewater project. After two decades of debates and delays, ALCOSAN's $3.5 billion project to clean Pittsburgh's rivers and streams is moving forward. When construction begins on the massive tunneling project early next year, most of the digging will be done by a giant boring machine 150 feet below ground. But to get down to that depth, the authority will need to dig eight access shafts up and down the Ohio and Allegheny rivers, including one in the parking lot of a shopping center in McKees Rocks. Some community leaders say the digging and the planned use of an abandoned car dealership as a storage and staging area stands in the way of their project to redevelop and revitalize the area, but they said they can't get an audience with ALCOSAN to express their concerns. "In the past, they've said we don't need it when we're done with this tunnel project and we'll talk then," said Taris Vrcek of the McKees Rocks Community Development Corporation. "But we don't know when then is. It could be 10 years. It could be five years." "As you can imagine, you need certainty when you're trying to plan development efforts and attract investment," he added. After some initial blowback, ALCOSAN reached an agreement with the Borough of McKees Rocks over the access shaft and the purchase of the dealership building, but says all of its negotiations over construction issues have been directly with the borough and the city of Pittsburgh, not individual community groups. "We've worked very closely with the borough and the city to make sure that we meet all of their codes and ordinances," said Kimberly Kennedy, ALCOSAN's director of engineering and construction, "and that they know exactly what's coming and when." Going forward, ALCOSAN says it will try to address concerns wherever it digs an access shaft. "How we're going to minimize disruptions during construction. I'm talking about fencing, dust mitigation, maintaining access to businesses in the community," Kennedy said. While most of the work will be underground, the authority needs access points and staging areas up and down the rivers. It should expect community pushback as this project moves forward.
Yahoo
an hour ago
- Yahoo
Liverpool get big Alexander Isak deal boost
There has been a DRAMATIC update in Liverpool's chase for Alexander Isak. On Tuesday the Newcastle forward took the unprecedented step of releasing a public statement over his current situation. 🚨2025/26 LFC x adidas range🚨 LFC x adidas Shop the home range today! LFC x adidas Shop the goalkeeper range today LFC x adidas Shop the new adidas range today! Isak, 25, claims promises have been broken by the Geordies and his current stance is that he will not play for the club again. 🔴 Shop the LFC 2025/26 adidas away range Liverpool tested Newcastle's resolve a few weeks back - offering a British record fee for the Swede - but the North East side were in no mood for negotiations. Newcastle make hefty Isak demands Despite Isak effectively being on strike it looks like the Magpies currently have no plans to sell him. Unless their demands are met - and more significantly unless they get two players into their strike line - then Liverpool could well be frustrated. Isak signed for Newcastle from Real Sociedad back in 2022 for a fee of £63m - agreeing a six-year contract - but relations with the club are at an all-time low. However, he will not be leaving for anyone else other than Liverpool. That's according to a new report in Caught Offside - which also reveals that Newcastle would deal at £147m. Isak is pushing hard for Liverpool 'Figures close to the situation described Isak as 'pushing hard' to get his dream transfer to LFC, who remain in 'pole position' to capitalise on this dire situation with Newcastle,' the report reads. 'So far, the Premier League champions have had a £110m bid rejected by NUFC, who are adamant that their asking price of around £147m must be met.' There have been links with Al-Hilal - and more outlandishly with Real Madrid - but it appears Isak has got eyes only for the Premier League champions. © IMAGO - Alexander Isak Liverpool
Yahoo
an hour ago
- Yahoo
Army spends £118m on more systems to shoot down missiles and drones
The Army has bought more air defence missile systems with the capability to shoot down cruise missiles and drones, the Ministry of Defence has said. The £118 million move will double the number of British-made Land Ceptor systems available to the British Army. It said they could be deployed both in the UK and overseas. The new equipment will form part of Sky Sabre, a state-of-the-art defence system that can intercept munitions and aircraft. It replaced the previous Rapier system, which had run since the 1970s. The MRAD (medium range air defence) system will be made by manufacturer MBDA in Bolton. The Government said 140 jobs will be supported by the move. Defence minister Luke Pollard said: 'We are delivering on the strategic defence review by equipping our armed forces with state-of-the art equipment to help keep us safe. Doubling our deployable Sky Sabre capability will strengthen the UK's air defences, protect UK forces abroad, and deter our adversaries. 'Through this investment we are supporting over 100 jobs across the UK, with more to come.' The Land Ceptor systems are able to hit a tennis-ball sized object which is travelling at twice the speed of sound. The Sky Sabre operation can control 24 missiles at one time. As part of the system, the Land Ceptors operate alongside radar and a wider command and control centre. However, they are also able to be used on their own. Sky Sabre was recently tested as part of a Nato exercise in the Outer Hebrides, the Ministry of Defence said. It has already been deployed in Poland, as part of Nato operations with on eye on Russia. Commanding Officer of the 16th Regiment Royal Artillery, Lt Col James Boutle, said: 'Sky Sabre represents a step change in the UK's ground-based air defence capability. 'As the Army's most advanced air defence system, it provides a powerful shield against modern airborne threats, from fast jets to precision-guided weapons and drones. 'For 16th Regiment Royal Artillery, operating Sky Sabre is both a privilege and a responsibility – ensuring we are trained and ready to strengthen the UK's contribution to Nato when called upon. 'As part of this, we work hand-in-hand with industry partners, such as MBDA here in the UK, to continuously optimise the system to ensure it remains on the cutting edge – a collaboration that guarantees we stay ahead of adversary technology.'