Category: 3. Business

  • Amova Asset Management expands Asian and Regional footprint through full controlling stake in AHAM Capital

    Amova Asset Management expands Asian and Regional footprint through full controlling stake in AHAM Capital

    Amova Asset Management Co., Ltd. (formerly known as Nikko Asset Management Co., Ltd., hereinafter “Amova AM”) has entered into a conditional share purchase agreement to acquire a controlling stake in AHAM Asset Management Berhad (“AHAM Capital”) from leading shareholder CVC Capital Partners and other shareholders, increasing its ownership from 20% to 97.7%, subject to regulatory approvals and customary closing conditions.

    Established in 2001, AHAM Capital, together with its wholly-owned Islamic fund management arm, AIIMAN Asset Management Sdn. Bhd., has surpassed RM100 billion in assets under management (“AUM”) as at 30 November 2025. Serving a broad client base ranging from retail and mass affluent investors to corporates, government-linked companies, and institutional clients, AHAM Capital is now among the top three asset managers in Malaysia.

    Commenting on the transaction, Stefanie Drews, President and CEO of Amova AM, said, “This acquisition of a leading asset manager in a growth market is truly transformational and marks a pivotal milestone in Amova AM’s journey to connect Asia with global markets. We are proud that this follows so soon after our global rebrand earlier this year. By integrating AHAM Capital’s local expertise and Shariah investment capabilities with Amova AM’s global scale and innovation, we will deliver differentiated solutions for our clients and accelerate growth across public, private and Islamic investment segments. This strategic move underscores our ambition to lead in Asia while expanding our global reach.”

    Dato’ Teng Chee Wai, Managing Director of AHAM Capital, added, “Amova AM has been a longstanding and trusted partner since 2011. We remain committed to ensuring this integration delivers meaningful benefits through strengthened capabilities, innovative offerings, and access to a wider regional network. Under the continued stewardship of our management team, we remain focused on continuity and delivering long-term value for our clients and partners who place their trust in us.”

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  • How investors buy gold and what fuels the market – Reuters

    1. How investors buy gold and what fuels the market  Reuters
    2. Gold extends record run while silver joins rally to new high  Reuters
    3. Gold hits record high on US rate cut bets; silver joins rally to hit all-time peak  Dawn
    4. Gold and silver hit records as investors hunt for safety  BBC
    5. Gold prices surge continues, US-Venezuela tensions in focus  Investing.com

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  • U.S. regulators approve Wegovy pill for weight loss : NPR

    U.S. regulators approve Wegovy pill for weight loss : NPR

    The U.S. Food and Drug Administration building is seen behind FDA logos at a bus stop on the agency’s campus in Silver Spring, Md., Aug. 2, 2018.

    Jacquelyn Martin/AP


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    Jacquelyn Martin/AP

    U.S. regulators on Monday gave the green light to a pill version of the blockbuster weight-loss drug Wegovy, the first daily oral medication to treat obesity.

    The U.S. Food and Drug Administration’s approval handed drugmaker Novo Nordisk an edge over rival Eli Lilly in the race to market an obesity pill. Lilly’s oral drug, orforglipron, is still under review.

    Both pills are GLP-1 drugs that work like widely used injectables to mimic a natural hormone that controls appetite and feelings of fullness.

    In recent years, Novo Nordisk’s injectable Wegovy and Lilly’s Zepbound have revolutionized obesity treatment globally and in the U.S., where 100 million people have the chronic disease.

    The Wegovy pills are expected to be available within weeks, company officials said. Availability of oral pills to treat obesity could expand the booming market for obesity treatments by broadening access and reducing costs, experts said.

    About 1 in 8 Americans have used injectable GLP-1 drugs, according to a survey from KFF, a nonprofit health policy research group. But many more have trouble affording the costly shots.

    “There’s an entire demographic that can benefit from the pills,” said Dr. Fatima Cody Stanford, a Massachusetts General Hospital obesity expert. “For me, it’s not just about who gets it across the finish line first. It’s about having these options available to patients.”

    The Novo Nordisk obesity pill contains 25 milligrams of semaglutide. That’s the same ingredient in injectables Wegovy and Ozempic and in Rybelsus, a lower-dose pill approved to treat diabetes in 2019.

    In a clinical trial, participants who took oral Wegovy lost 13.6% of their total body weight on average over about 15 months, compared with a 2.2% loss if they took a placebo, or dummy pill. That’s nearly the same as injectable Wegovy, with an average weight loss of about 15%.

    Chris Mertens, 35, a pediatric lung doctor in Menomonee Falls, Wisconsin, joined the Novo Nordisk trial in 2022 and lost about 40 pounds using the Wegovy pill. The daily medication worked to decrease his appetite and invasive thoughts of food, he said.

    “If there were days where I missed a meal, I almost didn’t realize it,” Mertens said.

    Participants in a clinical trial who took the highest dose of Lilly’s orforglipron lost 11.2% of their total body weight on average over nearly 17 months, compared with a 2.1% loss in those who took a placebo.

    Both pills resulted in less weight loss than the average achieved with Lilly’s Zepbound, or tirzepatide, which targets two gut hormones, GLP-1 and GIP, and led to a 21% average weight loss.

    All the GLP-1 drugs, oral or injectable, have similar side effects, including nausea and diarrhea.

    Both daily pills promise convenience, but the Wegovy pill must be taken with a sip of water in the morning on an empty stomach, with a 30-minute break before eating or drinking.

    That’s because Novo Nordisk had to design the pill in a way that prevented the drug from being broken down in the stomach before it could be absorbed by the bloodstream. The drugmaker added an ingredient that protects the medication for about 30 minutes in the gut and makes it easier to take effect.

    By contrast, Lilly’s orforglipron has no dosing restrictions. That drug is being considered under the FDA’s new priority voucher program aimed at cutting drug approval times. A decision is expected by spring.

    Producing pills is generally cheaper than making drugs delivered via injections, so the cost for the new oral medications could be lower. The Trump administration earlier this year said officials had worked with drugmakers to negotiate lower prices for the GLP-1 drugs, which can cost upwards of $1,000 a month.

    The company said the starting dose would be available for $149 per month from some providers. Additional information on cost will be available in January.

    It’s not clear whether daily pills or weekly injections will be preferred by patients. Although some patients dislike needles, others don’t seem to mind the weekly injections, obesity experts said. Mertens turned to injectable Zepbound when he regained weight after the end of the Wegovy pill clinical trial.

    He said he liked the discipline of the daily pill.

    “It was a little bit of an intentional routine and a reminder of today I’m taking this so that I know my choices are going to be affected for the day,” he said.

    Dr. Angela Fitch, an obesity expert and chief medical officer of knownwell, a health care company, said whatever the format, the biggest benefit will be in making weight-loss medications more widely accessible and affordable.

    “It’s all about the price,” she said. “Just give me a drug at $100 a month that is relatively effective.”

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  • Bettys Tea Rooms in York applies for solar panels on roof

    Bettys Tea Rooms in York applies for solar panels on roof

    Plans have been submitted to refurbish the upper floors of Bettys tea rooms in York and install solar panels on the building’s roof.

    An application from owners Bettys & Taylors Group proposes improvements to staff facilities including changing rooms, lockers and meeting spaces.

    Solar panels and tiles which are designed to blend in with the St Helen’s Square building’s existing roof tiles would also be installed, if the plans were approved by City of York Council.

    The application stated the changes would improve the working environment for staff while preserving the building’s historic value.

    According to the Local Democracy Reporting Service, plans included installing a new shower and heated lockers on the first floor to encourage staff to walk and cycle to work.

    Existing changing rooms would also be upgraded, along with the staff canteen and servery areas.

    Works are also planned to try and reduce the damage to the building’s fabric which could be caused by business operations.

    Existing offices would be sound-proofed and a dedicated, separated meeting space would also be created, along with storage improvements.

    A quiet space would be expanded and a universal toilet added, with existing and outdated male and female ones also updated.

    Plans stated: “The building has stood under the stewardship of Bettys & Taylors for more than 80 years during which period it has been sensitively maintained and adapted to suit the operational needs of the business.

    “The proposals are intended to secure the future of the building as Bettys home in York.”

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  • Bettys Tea Rooms in York applies for solar panels on roof

    Bettys Tea Rooms in York applies for solar panels on roof

    According to the Local Democracy Reporting Service, plans included installing a new shower and heated lockers on the first floor to encourage staff to walk and cycle to work.

    Existing changing rooms would also be upgraded, along with the staff canteen and servery areas.

    Works are also planned to try and reduce the damage to the building’s fabric which could be caused by business operations.

    Existing offices would be sound-proofed and a dedicated, separated meeting space would also be created, along with storage improvements.

    A quiet space would be expanded and a universal toilet added, with existing and outdated male and female ones also updated.

    Plans stated: “The building has stood under the stewardship of Bettys & Taylors for more than 80 years during which period it has been sensitively maintained and adapted to suit the operational needs of the business.

    “The proposals are intended to secure the future of the building as Bettys home in York.”

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  • EBRD extends €31 million package to Raiffeisen Bank Kosovo to boost small businesses

    EBRD extends €31 million package to Raiffeisen Bank Kosovo to boost small businesses

    • €25 million portfolio risk-sharing to unlock €50 million in MSME lending
    • Two loans of €3 million each, under the Go Digital and GEFF programmes, to drive digitalisation, energy efficiency and green technologies
    • Package supported by the EU through the WBIF and EFSD+

    The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation with Raiffeisen Bank Kosovo through a comprehensive €31 million financing package that will strengthen access to finance for micro, small and medium sized enterprises (MSMEs), accelerate digital transformation and foster green investment across Kosovo.

    The package comprises an unfunded portfolio risk-sharing guarantee of up to €25 million, a €3 million loan under the Go Digital in the Western Balkans programme, and a €3 million loan under the EBRD Green Economy Financing Facility (GEFF).*

    Under the expanded portfolio risk-sharing facility, the EBRD will provide an unfunded guarantee of up to €25 million, covering up to 50 per cent of a newly generated €50 million MSME loan portfolio originated by Raiffeisen Bank Kosovo. The arrangement includes European Union-backed first loss risk cover of up to €2 million under the EU’s European Fund for Sustainable Development Plus (EFSD+). By sharing risk on a pro rata basis, the programme unlocks new lending with Raiffeisen Bank Kosovo’s own funds to businesses across Kosovo. The funds will be used to finance sub-loans to eligible MSMEs, with at least 30 per cent directed to green investments aligned with the EBRD’s Green Economy Transition (GET) approach, and focusing on youth- and women-led enterprises, firms outside Prishtina, and the agribusiness and tourism sectors.

    The EBRD will also extend €3 million under its Go Digital in the Western Balkans programme to help SMEs modernise through automation, digital tools and green technologies. At least 60 per cent of the financing will support digitalisation projects, and at least 60 per cent of the total investments will be GET-eligible. The EU will provide support through the Western Balkans Investment Framework (WBIF), including expert technical assistance and investment incentives for eligible automation and digitalisation projects of up to 10 per cent of the individual loan, payable upon verified completion of the project. The programme promotes inclusion, providing targeted training and support for women-led SMEs to strengthen their competitiveness and sustainability.

    Under its GEFF facility, the EBRD will provide €3 million to expand GET-eligible, energy-efficiency and renewable-energy financing for MSMEs. The funds will help firms cut energy use and emissions by financing building upgrades (insulation, windows, heating and cooling systems), efficient equipment and processes, and small-scale renewable generation through solar panels. The package is supported by the EU, Japan, Denmark and other donors, with financing for technical assistance and investment incentives for eligible green projects, to be paid after the investments have been completed and verified.

    Sergiy Maslichenko, EBRD Head of Kosovo, said: “Kosovo’s small businesses can benefit significantly from finance that rewards innovation and green investment. In partnership with Raiffeisen Bank Kosovo, this package expands lending capacity, shares risk and channels capital to projects that strengthen competitiveness and resilience, reaching underserved regions and women- and youth-led enterprises. With EU support through the WBIF, the project will accelerate Kosovo’s transition to a low-carbon, digitally enabled economy.”

    Alessandro Bianciardi, Deputy Head of Cooperation at the European Union office in Kosovo, commented: “The Go Digital and GEFF initiatives demonstrate the European Union’s strong commitment to supporting sustainable growth, digital transformation, and competitiveness across the region. Through the support of the WBIF and EFSD+, this package will help businesses modernise, adopt greener technologies and unlock new opportunities for innovation, productivity and job creation.”

    Anita Kovacic, CEO of Raiffeisen Bank Kosovo, said: “These agreements with the EBRD further strengthen our longstanding partnership and our shared commitment to supporting Kosovo’s economy. By combining risk sharing, digitalisation financing and green investments, this package enables us to expand access to finance for MSMEs across the country, particularly women- and youth-led enterprises.”

    Raiffeisen Bank Kosovo is the largest commercial bank in the country and a longstanding EBRD partner, with a successful record of implementing EBRD projects since 2006. Headquartered in Pristina, it serves a wide range of clients, from private individuals and small firms to large corporates.

    The EBRD is a leading institutional investor in the country, with a cumulative investment of €871 million in Kosovo through 139 projects to date.

    * The EBRD GEFF in the Western Balkans is co-funded by the European Union through the Western Balkans Investment Framework, by Austria, Japan and Denmark, and by Austria and Switzerland through the High-Impact Partnership on Climate Action (HIPCA). The EBRD’s HIPCA is supported by Austria, Canada, Finland, Germany, the Netherlands, South Korea, Spain, Switzerland, the TaiwanICDF, the United Kingdom and the United States of America.

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  • Hospital Trust director scoops national award – SaTH

    Hospital Trust director scoops national award – SaTH

    23 December 2025

    A prestigious national award has been presented to a hospital director for their significant contribution to healthcare finance.

    Carol McInnes, Director of Planning and Transformation at The Shrewsbury and Telford Hospital NHS Trust (SaTH) has been named ‘Finance Champion of the Year’ at the Healthcare Financial Management Association (HFMA) Awards.

    The award recognises and celebrates someone who stands out for demonstrating exceptional dedication and initiatives within their organisation.

    Carol has led the financial recovery work at the Trust, which runs the Royal Shrewsbury Hospital (RSH) and Princess Royal Hospital (PRH) in Telford, since November 2024 and has been instrumental in driving transformation and cost improvements.

    She started her healthcare management career as a specialist nurse in 2009 and joined SaTH in 2016 as Director of Operations for Medicine and Emergency Care, before moving across to the Women and Children’s division in 2021.

    In her current role as Director of Planning and Transformation, Carol works closely with colleagues across the Trust to identify and support projects which improve efficiency while maintaining patient safety and quality.

    The judges praised Carol’s ‘skill and humility in engaging people in the critical work of recovery, transformation and cost improvement’.

    They went on to say how she is a ‘role model who is driving momentum and growing optimism for the future’ and an ‘exceptional finance champion’.

    In addition to Carol’s success, SaTH’s Deputy Chief Nurse, Kara Blackwell, was highly commended in the ‘Working with Finance – Clinician of the Year’ category.

    Since establishing the Trust’s Financial Recovery Taskforce in 2024, Carol and the team have built strong relationships with system partners and have been asked to share their learning beyond SaTH and support other NHS providers.

    Carol said: “This award is recognition for the whole team and all that it has achieved over the last few years. SaTH is heading in the right direction and it’s great to see this progress being showcased on a national stage.”

    Adam Winstanley, Acting Director of Finance, said: “I’m delighted that Carol has been recognised with a national award for her hard work and dedication – it is a huge achievement which is thoroughly deserved.

    “As a Trust we have a responsibility to achieve financial stability whilst delivering the best, safest care for our patients.

    “Getting the balance right is challenging, but we are moving in the right direction and have made £24.9m of efficiency savings so far this year. We are currently on track to meet our target of £41.4m for 2025/26.

    “I am really proud of colleagues like Carol, who are working hard behind the scenes to support teams and add value for our patients.”

    Photo caption: Carol McInnes (right), Director of Planning and Transformation at SaTH, collecting her ‘Finance Champion of the Year’ award at the Healthcare Financial Management Association (HFMA) Awards.

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  • Inclusive wealth and income accounts, UK

    2. Understanding inclusive income and wealth measures

    Inclusive income and wealth measures provide a broader measure of the economic welfare of the UK population. They reflect the economic value of both paid activities, included in gross domestic product (GDP), and unpaid activities, which include ecosystem services and unpaid household services. These accounts also look at the assets that support these activities – produced capital, human capital and natural capital, rather than focusing primarily on market production. The result is measures of economic progress that include activities and assets beyond those currently included in GDP.

    Because of data unavailability, this release will only be focused on inclusive income measures. Future editions of this release will include updates to our inclusive wealth measures.

    Gross inclusive income (GII) per person is a broader measure of economic activity in the UK, which reflects the impact of a wider set of assets and their impact on production and hence consumption. It builds on the concept of GDP, with the following adjustments:

    • quality adjustment of public service output
    • inclusion of unpaid household services within the production boundary 
    • inclusion of regulating and cultural ecosystem services, which currently include greenhouse gas regulation, air pollution regulation and urban heat regulation
    • expansion of the definition of intellectual property products, or intangible investment, to include products currently uncapitalised in the national accounts 

    These adjustments, alongside the additional components subtracted from GII to calculate net inclusive income (NII) are summarised in Figure 1.

    Figure 1: GII per person was 64% higher than GDP per person in 2023 in current price terms

    Inclusive income in £ per person, 2023 current prices
    Notes:
    1. Figure 1 shows the various components to our final net measure of inclusive income. Each horizontal bar represents a component’s contribution in monetary terms.

    2. Quality adjusted public services are only applied in volume terms and therefore are reflected as £0 in monetary terms.

    In 2023, GII per person was approximately £66,000 in current prices, while GDP per person was approximately £40,000 per person. This reflects the broader array of economic benefits captured by GII in contrast to GDP, such that GII is 64% higher than GDP.

    Household production comprises the largest positive contribution to GII over and above GDP, highlighting the economic importance of unpaid work such as childcare, adult care and home transport. The magnitude of this is larger than the government sector and second only to market activity, highlighting the diverse models of delivery of goods and services used by consumers.

    NII per person is a broad measure of sustainable income, recognising the depreciation of the full array of capitals contained in the framework. It builds on GII by: 

    • subtracting the capital consumption, or depreciation, of fixed assets, including the depreciation of additional intangible capitals
    • subtracting the depreciation of household durables used in unpaid household production
    • subtracting the depreciation of human capital
    • subtracting the depletion of oil and gas
    • subtracting the value of depletion and degradation of the atmosphere from UK greenhouse gas emissions 
    • adding income from abroad, minus transfers from abroad 

    NII was approximately £48,000 per person in current prices in 2023. NII was 27% lower than GII in 2023; in effect, this left 73% of economic production available for consumption without affecting the overall expected value of the UK’s stock of (inclusive) wealth. By accounting for the depreciation of the UK’s capital stocks and the value needed to replace these, NII captures the extent to which economic activity may come at the expense of the UK’s human, natural, or produced capital – or whether economic activity is adding to these sources of wealth over and above the rate at which we are depleting them.

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    3. Inclusive income summary

    Annual net inclusive income (NII) growth per person in volume terms fell to negative 1.2% in 2023 from positive 4.9% in 2022. Gross inclusive income (GII) growth per person in volume terms declined by negative 0.1% in 2023, down from positive 3.1% in 2022.

    In per person terms, in 2020, GII contracted by negative 6.7% and NII by negative 11.2% relative to 2019 in volume terms. While NII and GII continued to recover after the coronavirus (COVID-19) pandemic, they have not yet returned to their pre-coronavirus peak, contrasting to GDP per person, which returned to its pre-coronavirus peak in 2022. This reflects wider weaknesses in those elements of total production that sit outside the traditional economic estimates, particularly home-produced transport services, which remain lower than pre-pandemic levels.

    Figure 2 shows trends in these data series since 2005, alongside GDP per person.

    All three series show general upward trends over the past 18 years, aside from the two major downturn events in 2008 (great financial crisis) and 2020 (coronavirus pandemic). While all three show similar behaviour around these events, it is worthwhile considering the relative differences and what drives these, reflecting the different ways they measure economic activity.

    The sharpest divergence in the three measures can be seen in the 2020 pandemic period; while GDP and GII contracted, NII fell more sharply. This divergence can be explained by the different inclusions and exclusions in the three measures.

    GDP mainly comprises market production, which fell significantly during the pandemic. GII includes unpaid household services and ecosystem services (childcare and transport contributing positively to GII as more people remained home and undertook more unpaid activities, which would have otherwise been contracted out). NII fell more sharply because it is a net measure reflecting ongoing capital consumption of the different capitals (produced, human and natural).

    Recovery following the pandemic period has been strongest for GDP, while being moderate for GII and weakest for NII. GDP alone suggests a strong rebound from the pandemic, exceeding the pre-coronavirus peak by 2022. Inclusive income measures reveal a more complex picture where household production added a positive contribution to GII of 0.6 percentage points in 2023 and 0.4 percentage points in 2022 (mainly driven by increases in transport services and adult care) while ongoing capital consumption and natural capital depletion erodes net gains in NII terms. 

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    4. Gross inclusive income per person

    Gross inclusive income (GII) per person grew by 0.4% a year on average between 2005 and 2023, using a compound average growth rate. Figure 3 shows the contributions to this growth since 2005.

    While ecosystem services have contributed negatively to GII over time, the size of the negative contributions from ecosystem services has been declining since 2005 reflecting environmental progress.  

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    5. Net inclusive income per person

    Net inclusive income (NII) per person grew by 0.2% per year on average between 2005 and 2023 using a compound average growth rate. Figure 4 shows contributions to NII growth since 2005.

    Produced capital depreciation is the largest negative component to NII over time; this is because the stock of produced capital per person has increased over time resulting in more wear and tear.

    Human capital depreciation has contributed negatively since 2005, with the proportion increasing over time, suggesting human capital is being eroded at a faster rate.

    The positive contribution from natural capital depreciation compared with 2005 is caused by falling greenhouse gas emissions over the last 20 years. The negative impact on the atmosphere as an asset from greenhouse gas emissions has fallen over time, resulting in a positive impact on this measure of the UK’s sustainable economic activity. While still positive, the fall in total greenhouse gas emissions reflects the efforts to transform energy and industrial production, and therefore better reflects the value of these investments, which is currently omitted from the national accounts.

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    6. Household production following coronavirus recovery

    Unpaid household services per person remain below their pre-coronavirus (COVID-19) levels (Figure 5). During the height of the coronavirus pandemic in 2020 to 2021, despite an increase in adult care, childcare and home cooking, unpaid household services fell on a per-person basis. This was largely because of a substantial negative contribution from transport services, which declined in line with lockdowns and travel restrictions. Despite transport services growing again in 2022 and 2023, they remain below their pre-downturn levels (which is one factor underlying the decrease in UK greenhouse gas emissions highlighted in the analysis of Figure 4).

    Alongside childcare and nutritional service volumes falling from their pandemic peaks, such that they are now below their 2019 levels, together these trends have resulted in total unpaid household services per person remaining 3.2% below their 2019 volumes in 2023.

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    8. Glossary

    Production boundary

    Under the System of National Accounts 2008, the production boundary is defined as “activity carried out under the control and responsibility of an institutional unit that uses inputs of labour, capital, and goods and services to produce outputs of goods or services. There must be an institutional unit that assumes responsibility for the process of production and owns any resulting goods or knowledge-capturing products or is entitled to be paid, or otherwise compensated, for the change-effecting or margin services provided”.

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    9. Data sources and quality

    Quality and methods information

    More information on what the inclusive income and wealth statistics cover, how we produce them, and their quality and comparability is available in our Inclusive income and wealth, UK quality and methods guide.

    Official statistics in development

    These statistics are labelled as “official statistics in development”. Until September 2023, these were called “experimental statistics”. Read more about the change in the Guide to official statistics in development.

    We are developing how we collect and produce the data to improve the quality of these statistics. Once the developments are complete, we will review the statistics with the Statistics Head of Profession. We will decide whether the statistics are of sufficient quality and value to be published as official statistics, or whether further development is needed. Production may be stopped if they are not of sufficient quality or value. Users will be informed of the outcome and any changes.

    We value your feedback on these statistics. Contact us at inclusive.wealth@ons.gov.uk.

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  • Vestas announces seven orders in Germany for a total of 273 MW

    Vestas announces seven orders in Germany for a total of 273 MW

    Press Release:

    News release from Vestas Northen and Central Europe
    Hamburg, 23 December 2025

    Vestas is proud to announce the following orders as part of our Q4 order intake:

    Country Region Customer Project name MW Turbine variant Service agreement Delivery & commissioning
    Germany EMEA Windkraft Presen-Burgstaaken GmbH & Co. KG Presen-Burgstaaken 43 7 x V162-6.2 MW 20-year AOM 5000 Service Agreement Delivery planned to begin in Q1 2027; commissioning scheduled to begin in Q2 2027
    Germany EMEA Projekt Projektierungsgesellschaft für regenerative Energiesysteme mbH Oldenbroker Feld Niederort 49 6 x V162-7.2 MW,1 x V150-5.6 MW 20-year AOM 5000 Service Agreement Delivery planned to begin in Q1 2027; commissioning scheduled to begin in Q2 2027
    Germany EMEA iterra energy GmbH Frielendorf-Waltersberg 48 8 x V150-6.0 MW 25-year AOM 4000 Service Agreement Delivery planned to begin in Q2 2027; commissioning scheduled to begin in Q3 2027
    Germany EMEA iterra energy GmbH Frielendorf-Dorheim 24 4 x V150-6.0 MW 25-year AOM 4000 Service Agreement Delivery and commissioning  planned to begin in Q1 2027
    Germany EMEA JUWI GmbH Arneburg Sanne 38 5 x V162-6.2 MW,1 x V162-7.2 MW 25-year AOM 4000 Service Agreement Delivery planned to begin in Q2 2027; commissioning scheduled to begin in Q3 2027
    Germany EMEA JUWI GmbH Reichenbach-Steegen 25 4 x V162-6.2 MW 20-year AOM 4000 Service Agreement Delivery planned to begin in Q1 2027; commissioning scheduled to begin in Q2 2027
    Germany EMEA Undisclosed Günstedt 2 46 3 x V172-7.2 MW, 3 x V162-6.2 MW, 1 x V150-6.0 MW 20-year AOM 4000 Service Agreement Delivery planned to begin in Q2 2027; commissioning scheduled to begin in Q4 2027

    For more information, please contact:
    Yannick Kramm
    External Communications Specialist, Vestas Northern & Central Europe 
    Mail: yankr@vestas.com
    Tel: +44 (0)77 9528 4694

    About Vestas
    Vestas is the energy industry’s global partner on sustainable energy solutions. We design, manufacture, install, and service onshore and offshore wind turbines across the globe, and with more than 197 GW of wind turbines in 88 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 159 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 37,000 employees are bringing the world sustainable energy solutions to power a bright future.

    For updated Vestas photographs and videos, please visit our media images page on:
    https://www.vestas.com/en/media/images.

    We invite you to learn more about Vestas by visiting our website at www.vestas.com and following us on our social media channels:

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  • International Finance Corporation announces first local currency investment in Pakistan – Dawn

    1. International Finance Corporation announces first local currency investment in Pakistan  Dawn
    2. IFC, Standard Chartered structure Rs33.6bn deal for Engro  Business Recorder
    3. IFC signs Rs 33.6bn guarantee to boost Engro Fertilizers and Pakistan’s agri-finance landscape  Profit by Pakistan
    4. IFC makes first PKR-denominated investment in Pakistan  Mettis Global
    5. IFC launches $120m fund to boost Pakistan agri-value chain, support farmers  Dunya News

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