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Major road in and out of Market Harborough is now closed - map issued to help drivers steer clear

Major road in and out of Market Harborough is now closed - map issued to help drivers steer clear The road is closed in both directions Updated The road will be closed until the weekend Never miss another Leicestershire story by signing up to our free email updatesInvalid EmailSomething went wrong, please try again later. Sign up When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.

Mandate roundup: Swiss scheme seeks bond managers for up to CHF3bn

According to search QN-2654, the global mandate will follow the Bloomberg Barclays MSCI Global Aggregate ex-CHF Sustainability Index. As for the Swiss bonds mandate (search  QN-2655), the active segregated strategy will follow the SBI AAA-BBB 1-5 Total Return Index. The global mandate, also an active segregated strategy, is expected to invest in global corporate and government bonds, hedged to the Swiss franc, it said, adding that portfolio currencies are to be fully hedged – hedge ratio must be between 95%-105% at all times. According to the notices, up to 5% of assets in off-benchmark listed securities – subject to limitations, such as a minimum rating of BBB- and the issuer being a corporate – will be permited. The use of collective investment schemes (i.e. implementing the mandates via pooled vehicles), however, will not be permitted.

Planners set to give go ahead on 730,000 sq ft plus shed

Plans for a 730,000 sq ft plus warehouse in Ashby de la Zouch, Leicestershire, are set to be given the green light at a virtual planning committee meeting next week. Developer investor Gazeley submitted plans for the redevelopment of The Lounge Coal Preparation and Disposal Point, which closed in 2004, to North West Leicestershire Council in 2019. The 48-acre plot is set to see the development of either a single cross dock 736,487 sq ft warehouse with an eaves height up to 23m or a two unit scheme totalling no more than 650,000 sq ft. The single unit scheme would have three storey offices totalling 34,444 sq ft as well as 145 dock and 13 level access doors. It would have 183 HGV and 545 car parking spaces and would be operational 24 hours/day, 365 days/year. While the two unit scheme envisages a 421,406 sq ft cross dock unit with 71 dock and five level access doors with 19,943 sq ft of offices and a smaller 218,291 sq ft warehouse with 32 dock and two level access doors.

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