Doug Field, the new chairman of LEP. Picture: DENISE BRADLEY Archant As New Anglia LEP prepares for its annual general meeting today, its chairman Doug Field still feels he has unfinished business, he told business editor Mark Shields. Wprk on the Ipswich Winerack began in January. The project was supported by the New Anglia LEP and a £15m investment from Homes England. Picture: Angela Sharpe Photography.As he reflects on his first year as chairman of the New Anglia LEP, Doug Field quotes a phrase made famous by Marie Curie.“‘One never notices what has been done; one can only see what remains to be done,’” he says.“That’s how I see our progress. We’ve had some successes but we always have to keep going to continue that momentum.”That will be a key concern at today’s AGM held at the International Aviation Academy in Norwich, at the end of a year which has seen some notable successes, along with a couple of economic body … [Read more...] about ‘I want to land a game-changer’ – New Anglia LEP chairman Doug Field on his big hope for 2019
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A regional court in Brunswick began examining whether the auto giant should have informed investors sooner about so-called "defeat devices" it built into 11 million cars worldwide to fool regulatory emissions tests. Packed with around 50 lawyers from Volkswagen and its shareholders and dozens of plaintiffs and curious locals, the hearing had to be moved to a convention centre to fit all of the attendees. "I want to get back what we lost," Hartmut Bleumer, who invested some €10,000 euros in the firm, told AFP. The shareholders' "model case" against VW is supposed to clear up 193 questions common to some 3,650 claims totalling around €9.0 billion. At issue is a 40-percent plunge in Volkswagen stock over two days in September 2015, which wiped billions off its market value. Days earlier, US authorities accused the group of using the defeat devices - engine software designed to cut harmful emissions during regulatory tests, only to allow them to rise again during on-road … [Read more...] about ‘I want to get back what we lost’: investors pack convention centre for first day of VW trial
At first blush, Elon Musk and the Kingdom of Saudi Arabia may appear to be strange bedfellows. The latter is a country that owes its massive wealth to Big Oil, and the former is a Silicon Valley entrepreneur determined to “accelerate the transition to sustainable energy” with electric cars and solar panels. But, according to Musk, who recently made much news when he talked/tweeted about taking Tesla private, the investors controlling Saudi Arabia's sovereign wealth fund have approached him multiple times since the beginning of last year. Most recently at a meeting on July 31 which, according to his blog post, Musk left “with no question that a deal with the Saudi sovereign fund could be closed, and that it was just a matter of getting the process moving." (Whether that counts a “funding secured” as he tweeted on August 7 is a question Securities and Exchange Commission regulators are looking at closely.) “At first people would think, why aren’t … [Read more...] about Why Saudi Arabia Would Want to Invest in Elon Musk and Tesla
New York Giants running back and second overall pick Saquon Barkley says he is going to invest his NFL earnings and spend his endorsement money. Barkley already has endorsement deals with Nike and Pepsi, while his NFL contract is expected to be around $31 million. Barkley said he wanted to follow in the steps of NFL players like Marshawn Lynch and Rob Gronkowski, who have developed similar models. New York Giants running back and second overall pick Saquon Barkley already has a prudent plan for managing his finances. Barkley told reporters at the CC Sabathia Celebrity Softball Game on Thursday that he plans on investing his NFL earnings and only spending the money he makes off of endorsements. “Once I realized when I declared for the NFL draft and kind of realized where I was going to be drafted, that was something I was like, You know what? Kind of want to follow the Marshawn Lynch method. I don’t … [Read more...] about Giants’ second overall pick says he’s going to invest all of his $31 million NFL contract and only spend endorsement money
Q: I am in the process of getting a divorce. I want to buy a new house but am worried about my soon-to-be-ex-wife having an interest in it. Is there something I can do to protect myself? — AlexA: There are steps you can take that differ depending on the state of your relationship with your soon-to-be-ex-spouse.If you are still getting along, you can sign an agreement regarding the property with her that is similar to a prenuptial agreement (called a postnuptial agreement) or make the discussion part of your marital settlement agreement in the divorce case. Any concern would be regarding where the money you are using to buy the home came from. If it is from marital assets, it may be more difficult to draft an enforceable agreement. For this type of arrangement, it is essential to each have your own attorney approve the agreement.If your ex is not willing to cooperate and you are looking to purchase the property using non-marital funds, such as money you inherited or from … [Read more...] about Ask a real estate pro: I want to buy a house, but I’m getting a divorce. Help?