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Mansfield lodges objection to New planning application

first_imgMansfield has objected to a planning application by New College to develop a site on Savile Road.College administrators sent an objection letter to Oxford City Council, which read: “the proposed development has completely disregarded the impact it would have on Mansfield College.”The letter claimed a new ‘Warham Tower’, part of New College’s plans, was “little more than a vanity project.”It noted that “the whole community of the College is united in opposing the scheme as proposed.”The principal of Mansfield College, Helena Kennedy QC, signed the letter.The objection draws attention to what it claims are several infringements on the Council’s Local Plan (2001-2016). It states the development will not be equivalent in scale to the surrounding area.It argues the new ‘Warham Tower’ is not consistent with the Saved Policy HE.9 (High Building Area) which states that no new building can exceed 18.2 metres within 1.2km of Carfax Tower.New’s proposed tower would be 25 metres in height, and 650 metres away from Carfax.This has been called a “flagrant break of this high buildings policy.”Mansfield has also lodged concerns regarding overlooking and privacy, considering the close proximity of the new buildings to Mansfield’s student accommodation.Mansfield JCR president, Daria Lysyakova, told Cherwell: “[The JCR] were one of the main supporters of a formal objection from the outset.“I believe that building two metres away from our boundary is more than unreasonable.“Windows from the New College accommodation block will look directly into windows of Mansfield accommodation. Having students from another college at such close proximity is a serious invasion of privacy.”Mansfield College Bursar, Allan Dodd, told Cherwell: “We have ensured that neighbouring colleges are aware of the proposed development.“Thereafter it is entirely up to them whether they submit an objection.”The Warden of New College, Miles Young, told Cherwell: “Great care has been taken to mitigate the impact on Mansfield College, at every stage of the process, and with extensive dialogue.“More generally, we are very disappointed that a proposal which will take 70 students away from the overdemanded Oxford housing market is not treated more fairly. We all have an interest in that.“At the same time a proposal which has been praised by experts for its contribution to the townscape as both original and sensitive is not in our view fairly appraised by the Mansfield letter.“Of course, we recognise that developments in Oxford often cause issues, and we are always willing to do our very best to deal with them.”Other groups have offered considerations on the planning application process. These include Oxford Preservation Trust and the Historic England Commission.Dodd also notes that the consultation period was extended by the Council.He understands  this was because the mandatory original public notification of the proposed development failed to make clear that the development was in conflict with the Council’s policy on height of buildings in the Local Plan.Oxford City Council have been contacted for comment. They are not obliged to respond to planning objections until the meeting of a planning committee.last_img read more

UK pension funds shy from liability-matching in favour of alternatives

first_imgUK defined benefit (DB) pension funds have slowed their shift towards risk-reducing fixed income investments while allocations to alternatives saw a bump, latest figures reveal.The data comes from The Purple Book, the most authoritative set of DB statistics, published and analysed by The Pensions Regulator (TPR) and the Pension Protection Fund (PPF).In its ninth year, The Purple Book shows the DB universe of 6,057 schemes has collated assets of £1.13trn (€1.43trn) as of the end of March 2014, with a funding level of 67% on a full buyout basis.The book showed DB schemes had begun to level out a shift from UK Gilts toward corporate fixed interest and index-linked bonds. Index-linked bonds accounted for 41.1% of the total bond allocations, an increase of 20 basis points from 2013.However, allocations increased by 8.3 percentage points between 2009 and 2013, with significant jumps year on year.This trend was at the expense of UK Gilts, which saw its share of bond investments fall by 10.5 percentage points over the same period. However, that has now increased by 10bps over the last year.Overall, scheme allocations to bonds fell by 10bps to account for 39% of investable assets.Stephen Rice, the PPF’s chief actuary, said there was no concrete reason for the levelling-out, but he suggested it might have to do with the pricing of assets.“It has been levelling off,” he said. “If I were asked to speculate as to why, I would suggest it is because [index-linked bonds] are very expensive. Real yields are pretty much negative.”He also said the slowdown in a shift from equities might also be due to the costs of switching.A trend of outflows from equities did continue, with allocations now accounting for 39.4% – an 80bps drop and the first time it has fallen below 40% since the Book’s inception.However, within equities, the shift away from UK stocks towards global and unlisted ones was also a strong trend.Private equity now accounts for 8.7% of equity allocations, having only accounted for 1.9% in 2009.Overseas equities’ share of allocations rose by 1.1 percentage points to 62.4%, with these stocks now accounting for more than double that of UK stocks, which take up 28.9%.The rise of alternatives, excluding property, continued, as hedge-fund allocations rose by 1.2 percentage points to 6.2% and ‘other’ asset classes rising 40bps to 3.9%.While risk-reduction in investment portfolios had levelled, other measures used by DB schemes were on the up.Schemes covered by the Book received around £25.6bn in deficit-reduction contributions, as the average recovery plans increased to 8.4 years.Buy-ins, buyouts and longevity hedges also reached a new peak over the year, with the 15 months from the start of 2013 seeing £24bn of these arrangements – in around 270 deals – an increase of more than a 100.Andrew McKinnon, PPF CFO, said: “The Purple Book has shown a slowdown in de-risking, demonstrating the steady decline has levelled off and could point to the end of a long-term trend.”last_img read more

Agholor on shortlist for Biletnikoff Award

first_imgJunior wideout Nelson Agholor was announced Monday as one of the 10 semifinalists for the Biletnikoff Award, given each season to the nation’s top wide receiver.Whoa, Nelly · Junior wide receiver Nelson Agholor has impressed in his last two games, including a career-best 16 receptions against Cal last week. – Mariya Dondonyan | Daily TrojanPerhaps unsurprisingly, the honor was announced at a time in the season when Agholor is coming on strong. In the last four games, the Tampa, Florida, native has averaged 168.5 yards per game and totalled six receiving touchdowns.In his last two games, at Washington State and against Cal, Agholor has picked up 220 and 216 receiving yards, respectively. In this two-week span, he has become the only USC player in history to go for over 200 yards in consecutive games and tied a school record for 200-yard receiving games in a season.Agholor has already surpassed his yards total from 2013 with 1079 through only 10 games. He has also averaged 13.2 yards per reception.Agholor is near the top nationally in a multitude of statistical categories. He is eighth in total reception yards, ninth in total receiving touchdowns with 10, 10th in receiving yards per game at 107.9 and third in receptions per game at 8.2.Agholor has also made waves as a punt returner this year: He is second in punt return touchdowns with two and 10th in punt returns yards per game at 13.1.Agholor is ranked 12th on USC’s career reception list and seventh in career punt return yards. He is the only Trojan to be ranked that high on both lists.The other semifinalists for the Biletnikoff include Amari Cooper of Alabama, Rashad Greene of Florida State, Rashard Higgins of Colorado State, Tyler Lockett of Kansas State, Vince Mayle of Washington State, Sterling Shepard of Oklahoma, Nelson Spruce of Colorado, Jaelen Strong of Arizona State and Kevin White of West Virginia.Agholor has a chance to become the second Trojan to win the Biletnikoff and the third Pac-12 player in a row to win the award after Oregon State’s Brandin Cooks took it home in 2013.Three finalists will be named on Nov. 24, and the winner will be announced during the College Football Home Depot Awards Show on Dec. 11. Therefore, the Trojans’ showdown with UCLA this weekend is Agholor’s last audition for the Biletnikoff.The award nomination was not the only good news for Agholor. He was also named the Pac-12’s Offensive Player of the Week for his performance against Cal. It is the first Pac-12 weekly award of Agholor’s career, and the seventh for a Trojan this season. Redshirt junior quarterback Cody Kessler, junior defensive end Leonard Williams, senior kicker Andre Heidari, redshirt junior tailback Javorius “Buck” Allen and freshman cornerback-wide receiver Adoree’ Jackson have all been honored this season.last_img read more

Marc Marquez wins Australia MotoGP thriller as Vinales crashes

first_img Press Trust Of India WATCH US LIVE World champion Marc Marquez secured his 11th victory of the season at the Australian MotoGP after disaster struck fellow Spaniard Maverick Vinales, who crashed on the last lap. The Monster Energy Yamaha rider had dominated all weekend at Phillip Island and was leading for much of the race until Repsol Honda’s Marquez darted past in the dying stages. In desperate bid to retake the lead, Vinales pushed too hard and skidded out to hand his gifted rival, who clinched his sixth MotoGP world title in Thailand this month, a fifth win in a row. Britain’s Cal Crutchlow, who suffered career-threatening injuries at Phillip Island last year, came second on his LCR-Honda with Australian Jack Miller third on a Ducati. Italian veteran Valentino Rossi, racing in an amazing 400th Grand Prix, was eighth. First Published: 27th October, 2019 13:53 IST “It was an incredible, incredible victory because today we were not the fastest on the racetrack,” said Marquez, who became Honda’s most successful ever premier class rider with his 55th win surpassing Australian great Mick Doohan. “Maverick was fastest but I was waiting for him… and I did a strong move to pass, it was the only chance for me. “The whole weekend has been crazy,” he added, after qualifying was called off on Saturday due to strong winds and instead run on Sunday morning. Asked about becoming Honda’s most successful ever rider, he said: “They are the biggest manufacturer in the world, so I’m happy and just enjoying the dream.”  Written By SUBSCRIBE TO US Last Updated: 27th October, 2019 13:53 IST Marc Marquez Wins Australia MotoGP Thriller As Vinales Crashes World champion Marc Marquez secured his 11th victory of the season at the Australian MotoGP after disaster struck fellow Spaniard Maverick Vinales, who crashedcenter_img READ | Manika Batra praises PM Modi’s efforts to empower women”Very special”It was a crushing loss for Vinales, who won in Australia last year and started from pole, having reigned supreme through practice and qualifying. He had a terrible start, slipping to sixth as Rossi powered to the lead before and disaster for exciting French rookie Fabio Quartararo in an incident-packed first lap. Quartararo, who was second to Marquez in Japan last weekend, and Danilo Petrucci collided, crashing out at turn two.READ | Tiger Woods widens lead at Zozo ChampionshipIt was a sobering end for the 20-year-old, who was second on the grid after having to go through preliminary qualifying (Q1) for the first time following a nasty spill in Friday practice. By lap four Crutchlow had moved into the lead, but Vinales and Marquez were starting to apply pressure and by lap 10 Vinales was in front with his rival stalking him. They began to put the hammer down and pull clear of the field as it turned into a two-horse race, leaving the rest in a dog fight for third.Marquez was riding on the limit, giving everything he had to stay in touch and finally edged past Vinales at the start of the final lap before the late drama as drops of rain started to fall. Crutchlow was ecstatic about making the podium after the horrors of last year, when he fractured his ankle and had to undergo surgery. “Crashes don’t normally phase me but that one has haunted me all year,” he said after his best result of 2019. “I was not happy coming to this Grand Prix thinking about it, about what could happen, so to have a podium back here is very, very special.” READ | Rowers sparkle with gold in Asian Championship on a Diwali DayREAD | Boxer Deepak wins silver, Balaji claims bronze in Military World Games FOLLOW US COMMENT WE RECOMMEND LIVE TV 10 months ago Marquez keen to atone for chequered Australia historylast_img read more

Cowbell Bike Tour 2013 underway

first_imgA confirmed number of 71 cyclists drawn from various clubs in the country started off stiff competition in the Cowbell Bike Tour on Monday.lyThe cyclists began with an exhibition from the Accra Sports Stadium to Mallam Junction in Accra where the actual race began.The first stage of the race will end in Mankessim in the Central Region after the cyclists have covered a total race distance of 103 kilometers.The spotlight will be on Samuel Anim of Young Stars Club who dominated in the first stage. Anim won the best by time, best by points and best fighter awards.Also, Die Hard club will attempt to replicate the feat of the last competition where they won the best team award.In a brief interview with Joy Sports, Mr. Olivier Thiry, the Managing Director of Promasidor Ghana Limited, said he expected this year’s event to be the most hotly contested.“I would like to reiterate that our commitment to the development of cycling remains strong and the progress made so far very promising,” he said. The 2013 Cowbell Bike Tour will go through other towns and cities like Cape Coast, Takoradi, Assin Fosu, Sunyani, Buipe, Kintampo, Techiman, Koforidua and Ada.There will be live updates on the Cowbell Bike tour 2013, on the Joy Sports Channel on Multi TV.last_img read more