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Sellafield Ltd, through its SiX (social impact, multiplied) programme, has announced a major investment in LEVELS, a ground-breaking £4.6 million redevelopment of the former Whittles department store in Whitehaven, West Cumbria into a state-of-the-art immersive entertainment and education centre.

Delivered and developed by social impact property developers BEC, LEVELS has transformed a Grade II-listed building into a cutting-edge hub for digital creativity, learning, and interactive experiences.

Across 4 floors, the centre features immersive digital and gaming experiences, an esports arena, interactive learning spaces, and a café—creating a vibrant space for education and creativity in the heart of Whitehaven.

By equipping young people with the skills needed for a digital-first future, the project aims to engage young people, their families, and educators, inspiring the next generation to explore careers in digital and creative technology.

Funding for the project includes £3.3 million from Sellafield Ltd through its SiX programme, alongside £800,000 in funding, equipment, and logistical support from BT, Atos, and Openreach—as part of their social impact commitments through Information and Communications Technology contracts with Sellafield Ltd.

BEC has also contributed £500,000, demonstrating the power of partnership to multiply impact.

Tracey West, Sellafield Ltd’s head of social impact, said:

LEVELS represents exactly what our SiX programme is about—creating lasting social impact by investing in skills, innovation, and opportunity. By collaborating with partners like BEC and our supply chain, we’re helping West Cumbria’s young people prepare for a digital future.

This investment builds on our long-standing commitment to improving education provision in West Cumbria, following projects such as West Lakes Academy, the Whitehaven Campus, the National College for Nuclear, and the Well programme.

This article first appeared on GuruFocus.

The dollar moved to a one-month high as rising US Treasury yields and looming risk events kept investors cautious ahead of Friday’s payrolls report and a possible Supreme Court ruling on President Donald Trump’s tariffs. A four-day advance put the greenback on track for its strongest week since November, while the yen lagged most major peers. Treasuries extended Thursday’s slide, with the 10-year yield rising two basis points to 4.19%, and S&P 500 futures hovered near flat as markets weighed whether upcoming data could challenge expectations for US interest-rate cuts later in 2026.

Equities faced mixed signals as policy headlines and corporate developments pulled sentiment in different directions. Trump’s proposed $200 billion mortgage-bond purchase plan lifted mortgage-linked stocks, with LoanDepot (NYSE:LDI) and Rocket Companies (NYSE:RKT) jumping in premarket trading. In Europe, Glencore (GLNCY) rose more than 8% in London after resuming talks with Rio Tinto (NYSE:RIO) on a potential combination that could create the world’s largest miner, though broader risk appetite remained restrained ahead of two closely timed macro catalysts.

Attention is now centered on December payrolls, where economists surveyed by Bloomberg expect 70,000 new jobs and an unemployment rate easing to 4.5%, data that could shape expectations for Federal Reserve policy. Markets are fully pricing at least two quarter-point rate cuts in 2026, with odds favoring an initial move in April, although traders warned that outcomes at either extreme could unsettle markets. In parallel, investors are monitoring the Supreme Court’s pending decision on Trump’s tariffs, which could allow companies to seek refunds on billions of dollars in duties, while oil, gold, and silver traded cautiously amid developments involving Venezuela and Iran.

Value for money is at the heart of everything we do. Wandsworth is investing in new homes and estate improvements that create lifelong assets for the borough. These homes not only pay for themselves through rental income but also reduce reliance on costly temporary accommodation. Thanks to strengthened prevention work, Wandsworth is now avoiding an additional £3.7 million in temporary accommodation costs every year.

Wandsworth’s Housing Revenue Account, a ringfenced fund dedicated to council housing, is in a significantly stronger position than that of many other stock holding authorities. This strong financial position enables the council to continue ambitious regeneration and development plans while maintaining essential investment in existing homes.

A key milestone was recently reached as the Homes for Wandsworth programme celebrated the completion of its 500th new council home, marking the halfway point toward the borough’s pledge to deliver 1,000 new homes for local residents.

Building on this momentum, the council has announced a landmark partnership with Battersea Power Station to deliver 200 new high quality council homes within the development’s 42 acre masterplan, further expanding opportunities for families in need of secure, affordable housing.

Aydin Dikerdem, Cabinet Member for Housing, said: “Investing in new council homes is one of the most powerful tools we have to tackle the housing crisis and strengthen our communities. Every new home means a family moved off a waiting list and into a secure, comfortable home. And it also saves us money in the long-term, delivering a public asset and reducing expensive temporary accommodation costs. It’s an investment not just in buildings, but in the future of Wandsworth.”

Together, these initiatives reflect Wandsworth’s strategic, long term commitment to ensuring that every resident has access to a safe, secure, and high quality place to call home. 

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