Connect with us

Hi, what are you looking for?

Politics

Final chance to lock in 4.85% a year with H&F Green Investment

Residents of Hammersmith & Fulham have successfully raised £890,000 in support of local green initiatives, and there’s a push to reach the £1 million mark. Over 800 people, including numerous residents and community groups, have backed the low-risk investment initiative known as H&F Green Investment. The scheme, with a 4.85% annual interest rate over a five-year term, is seen as a unique opportunity for residents and businesses to contribute to projects enhancing their local area. Investors will receive a fixed return of interest rate and capital every six months. The first phase of the initiative will close upon reaching £1 million, and the borough aims to raise a total of £5 million through various investment phases. This initiative stands as the UK’s largest community investment opportunity from a local authority supporting green projects. The funds will support projects such as planting a Tiny Forest in Frank Banfield Park, extending green verges along New King’s Road to mitigate local flooding, and restoring the wildlife pond in the northern end of Ravenscourt Park. Investors have until February 13 to secure the current rate before it expires with the achievement of the £1 million target.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Business

Microsoft Teams had a major hiccup on Friday, causing disruptions and various issues for users. The problem started around 11 a.m. EST and quickly...

Business

JetBlue Airways is considering pulling out of its $3.8 billion acquisition of Spirit Airlines following a federal judge’s blockage of the deal in response...

Business

Tesla is pulling back nearly 200,000 cars in the U.S. over a glitch with the backup camera not kicking in when the car’s in...

Politics

The former US president Donald Trump is aiming to deal a significant blow to the campaign of the former South Carolina governor as she...