Labour looks to infrastructure, MPs seek inquiry over London gold pricing, inspiring carpets, recycling confessions at Glastonbury
Labour looks to infrastructure
Labour leader Ed Miliband has set out plans to introduce a National Infrastructure Commission to work on large-scale projects such as building airports and roads if the party comes to power next year.
Speaking at a organised by the Policy Network think tank, Miliband said he wanted to end the “chronic short-termism” that has affected investment in areas such as energy, communications and transport.
MPs seek inquiry over London gold pricing
Members of the Treasury Select Committee have called on the Financial Conduct Authority to investigate claims from gold market analysts about alleged rigging of the London gold price. The setting process is conducted twice daily by panel members from Barclays, HSBC, Scotia-Bank and Societe Generale. The price generated is used by everyone from central banks to miners and jewellers. The panel came under scrutiny this May when the FCA fined Barclays £26m for price rigging by an options trader.
Inspiration for manufacturers to design new carpet products for recycling or reuse at end of life was a key theme at Carpet Recycling UK’s (CRUK) sixth annual conference, held in Birmingham. Almost 100 delegates attended from a wide range of different sectors, including representatives from the waste management and retail sectors, plus contractors and those interested in becoming carpet recyclers.
For the first time, the conference featured an awards ceremony recognising the innovation and achievements of members, both individuals and organisations, who have made important contributions to the sector. There were 18 shortlisted companies across four categories. The entries were judged by a panel of independent judges including Ray Georgeson of the Resource Association.
CRUK director Laurance Bird, above, won an award for outstanding achievement.
And finally - Glastonbury
The Furniture Reuse Network (FRN) gave Glastonbury festival-goers the chance to sit on one of the ‘Big Brother’ chairs in a ‘Diary Room’ where visitors could confess to their recycling misdemeanours and discuss donating and reusing furniture. Craig Anderson FRN CEO said: “It’s a bit of fun. We know people want to be photographed in the chair; to tweet the photos and messages to friends; but FRN has a very serious intent to promote reuse.”