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Plans for an Islamic faith school in Crawley have been turned down PLANS to build an Islamic faith school in Crawley have been refused by borough councillors by the narrowest of margins. The application, to build on a car park next to Broadfield Mosque, was decided on the chairman’s vote at a meeting of the planning committee on Tuesday. The meeting saw passionate appeals from members of the Muslim community, who spoke about their dream of opening a school. Mohammad Bora, who has been imam for almost 15 years, said: “This is our dream project – not for me, for generations. Every Muslim soul is affected by this project.”
“Investors who bought LICs/LITs when they were trading cheaply relative to asset backing in 2020 have been able to generate particularly high returns,” LICAT’s chief officer Ian Irvine said.
“Not only have they benefited from the upswing in the market value of shares generally, but they have also received a supplementary return as the LIC/LIT shares themselves returned to a more normal trading level relative to asset backing.”
According to Irvine, it was also very encouraging to see the income/yield segment of the LIC/LIT sector performing well, with fixed income LITs continuing to pay unitholders regular monthly income.