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SHETLAND Charitable Trustâs (SCT) reserves have swollen to nearly £458 million as its investments surged by almost £150 million as global money markets recovered from the initial shock of the Covid-19 pandemic.
Trustees heard at a meeting on Thursday that the boom followed an âextraordinary period for equity markets around the worldâ as fortunes slumped by as much as 35 per cent in early 2020 before recovering and surging to near all-time highs.
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Huge growth in technology and digital industries have driven the strong recovery, particularly in the US and Japan â leading SCT investments to generate some £130 million more than anticipated during 2020/21
Clickimin pool reopens after essential maintenance shetnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shetnews.co.uk Daily Mail and Mail on Sunday newspapers.
LERWICK Community Council is to write to Shetland Recreational Trust to express concern over the prospect of Clickimin Leisure Complex’s indoor bowling area being reduced in size to make way for a soft play equipment for children.
It comes amid grave worry from the company behind plans for a soft play facility in Voe that installing larger equipment in the Clickimin would threaten the viability of their business venture.
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The situation revolves around a proposal to install a soft play facility and sensory rooms in part of the indoor bowling room at the Clickimin, which would reduce the overall size of the bowling area from four rinks to three.
A NUMBER of local schools, as well as Shetland Recreational Trust, have received funding to help them do their bit to tackle climate change.
North Roe Primary School has received £10,000 through the Scottish Governmentâs Community Climate Asset Fund to buy food growing equipment.
Burravoe Primary has secured £7,388 for the same purpose, as has Fair Isle Primary School (£1,658) and Sandness (£1,342.98).
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The recreational trust, which operates Shetland’s leisure centres, has bagged £18,600 for low-energy lighting.
The fund is designed to tackle climate change and support Scotlandâs green recovery from the pandemic.
A total of 279 projects across Scotland have been selected for a slice of more than £3.2 million.