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New: Catch up on all the latest climate and sustainable finance news from the UK, Europe, and around the world https://lnkd.in/dXc5QgH
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Hut Group’s boss Matt Moulding loaned millions by local council
A local council has extended a huge loan to billionaire Matt Moulding, the founder and boss of beleaguered online retailer The Hut Group. Labour-controlled Warrington council agreed earlier this month to lend another £18million to private company Moulding Capital Limited. It was one of a series of loans worth a total of £200million made to the businessman making him the council’s largest single credit exposure. Council documents seen by The Mail on Sunday say the new loan is ‘fully secured… against a portfolio of real estate assets’. It is not known what the loan is being used for. A spokesman added that the council considered Moulding Capital Limited to be ‘a good credit risk’.
Patriots Use Solar Flagpole Lights To Show Commitment To Sustainability
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Sustainability & Corporate Responsibility | Parexel
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Net-zero not possible without circular economy, Ellen MacArthur Foundation finds
Focusing on decarbonising the energy sector alone will not put the world within touching distance of a net-zero carbon economy, according to a new report from the Ellen MacArthur Foundation which claims that the transition to a circular economy is…
The Need for a Circular Economy-Based Global Construction Industry
The construction industry generate massive waste and carbon emissions.Circular economy business models are needed to house more people in cities…