Latest news with #warehouses
BBC News
9 hours ago
- Politics
- BBC News
Solar on roofs not farms, says Reform UK in North Northamptonshire
The leader of a Reform UK-controlled council said solar panels should be installed on warehouses rather than Griffiths, who leads North Northamptonshire Council, said putting the panels on good-quality fields was "ridiculous".He has been setting out his priorities for the authority which now has 40 Reform UK councillors after they ousted the Conservatives in May's also thinks climate change targets are "holding our country back". Griffiths is no stranger to the role of leader, having been at the helm of Conservative-controlled Wellingborough Borough Council before it was abolished in jumped ship from the Tories to Reform UK, he now commands a group with a majority of 12 to the BBC about his priorities, he said an improvement programme waas under way in the council's planning said: "I'm determined that we are going to make some progress in that area. It isn't about nimbyism - it's about wanting the very best for our area." One planning issue that he said he was "keen to address" was solar said: "Isn't it interesting that all of these big high-density warehouse developments are coming forward with no solar panels on the roofs?"It's ridiculous when we're putting solar in good-quality farmland."It's something that the developers probably don't want to do because it means that they've got to strengthen roofs, etcetera, but doesn't it make sense?"He added the issue had come up regularly on the doorstep during campaigning. Despite being a member of a party that is openly sceptical about the causes of climate change, Griffith insists: "I don't deny climate change, but I think our net zero targets are the things that are really holding our country back, so that's what my group are very, very concerned party's much-publicised Doge-style efficiency review is also on the agenda in North said it "will include the possibility of bringing in party experts" to scrutinise expenditure and systems at the added: "We're not going to pay a penny [for the Doge review] so that's why our officers are fully in support of this." Helen Harrison, the leader of the Conservative opposition on the council, said: "We will support them when their proposals are in the interests of the people of North Northamptonshire and will constructively challenge them when we believe they are not."If the new administration continues to prioritise cost-effective services and our policy of prioritising road repairs, we will support it. "We will, of course, look at each proposal on its merits." Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.
Reuters
18 hours ago
- Business
- Reuters
LME's new Hong Kong warehouses attract strong interest for metal deliveries, LME CEO says
LONDON, June 18 (Reuters) - The London Metal Exchange's new warehouses in Hong Kong are seeing strong interest for metal deliveries before they go live next month, partly due to the current tightness in the copper market, the CEO of the exchange said on Wednesday. Last month, the LME approved three more warehouses in Hong Kong, taking the total to seven, as it increases its presence in the city that is the gateway to the world's biggest metals consumer, China. Hong Kong's higher costs have raised questions about the viability of the new storage facilities compared with other sites in Asia like Korea or Malaysia. "They can put metal into the warehouses, but it won't show up on our numbers yet because the location isn't live until the 15th (of July)," LME Chief Executive Matthew Chamberlain told Reuters on the sidelines of the International Derivatives Expo. "My understanding is there is quite a lot of interest in getting some metal in there before then." Getting approval for warehouses in China to store LME-traded metal has been a strategic goal since Hong Kong Exchanges and Clearing ( opens new tab bought the LME in 2012. The exchange, the world's oldest and largest market for industrial metals, would still like to open registered warehouses in mainland China, but that would depend on approval by the Chinese authorities, Chamberlain said. "But ultimately it's for mainland policymakers to decide whether or not they want LME warehouses." However, in Hong Kong there was a good spread of locations to service various types of customers, including several near the northern border with Shenzhen and the mainland, he said. "They'll be able to service Chinese metal owners who, for example, want to put copper into a warehouse, truck it down just over the border into the new territories, put it into a warehouse," Chamberlain said. "That's obviously extremely relevant right now with the copper tightness... It will allow people to deliver into those backwardations more effectively." Falling stocks in LME-registered warehouses have created a backwardation, or premium for nearby contracts against those with longer maturities . Copper stocks in LME registered warehouses at 107,350 tons have dropped 60% since March and are at their lowest since May 2024.
CTV News
08-05-2025
- Business
- CTV News
Buy local: Amazon takes a hit as Quebecers boycott American products
Amazon's DXT4 warehouse in Laval, shortly before the U.S. e-commerce giant's seven Quebec warehouses close on Wednesday, January 22, 2025. (Christinne Muschi/The Canadian Press)
