Court outcome

On 30 April 2019 the court made an order to wind-up four companies in the public interest by consent between those four companies and the Secretary of State. The companies wound-up in court:

• Store First Limited, company registration number 07463355
• Store First Blackburn Limited, company registration number 07951785
• Store First St Helens Limited, company registration number 09664578
• SFM Services Limited, company registration number 07160642

The trial started on 15 April 2019 at the Manchester District Registry of the High Court and was presided over by HHJ Hodge QC. The Official Receiver has been appointed as liquidator.

The petition to wind up Store First Midlands Ltd was dismissed, also by consent between the parties following Store First Midlands Ltd transferring a storage centre it owned in Nottingham to Store First St Helens Limited. Store First Midlands has undertaken to the Court to no longer sell or market store pods as an investment or otherwise.

Liquidation

The Official Receiver was appointed as liquidator and has responsibility for dealing with the assets and liabilities of the four companies.

On 11 December 2019, the Official Receiver completed the sale of the freehold, associated assets and goodwill of the 15 Storage centres located in Blackburn, Burnley, Rochdale, Barnsley, Liverpool, Ellesmere Port, Wakefield, Glasgow, Preston, Derby, Leeds, St Helens, Manchester, Northampton and Nottingham to Store First Freeholds Limited.

On the same date the Official Receiver also completed the sale of the assets of SFM Services Limited to Pay Store Limited.

The Purchasers have confirmed that they intend to continue renting the self-storage units to end users and that Pay Store will continue to manage the storage sites on a day to day basis using the name Store First.

Queries regarding the day-to-day business at the 15 sites should be directed to Pay Store: customerservices@pay-store.co.uk.

Information for investors

Investors who have enquiries regarding the operation of the sites and their pods should contact Pay Store: customerservices@pay-store.co.uk.

If you completed a purchase of a storage pod prior to the Companies entering liquidation the sale of the sites will not affect the ownership of your pod.

The Official Receiver and the Purchasers have agreed that the Purchasers will:

• For a period of six months following the sale, attempt to complete purchases of storage pods which were not legally completed prior to the liquidation.
• Accept any requests from investors to surrender their pods. Pay Store will cover the costs of the surrender, but the investor will not receive any payment.
• Exchange pods which are unusable for a pod of the same size and dimension, subject to availability.
• Assist investors with applying for Business Rates relief.
• Will not market or sell pods to third parties for investment purposes.

Investors with enquiries regarding any of the agreements listed above should contact Pay Store: customerservices@pay-store.co.uk.

The Official Receiver is responsible for investigating the cause of the liquidation of the four companies, including any business dealings and affairs, and reporting on the conduct of the directors. If you have any information that may assist in these duties please send to PIU.North_StoreFirst@insolvency.gov.uk.

The Official Receiver is and remains the sole appointed liquidator of the companies by virtue of the court order dated 30 April 2019 and pursuant to s136(2) of the Insolvency Act 1986.

Third Parties not connected to the Official Receiver continue to contact individual investors requesting upfront payments. These entities are not connected to the Official Receiver in his capacity as the Liquidator of the companies and they do not have the authority to act on the Official Receiver’s behalf.

The Official Receiver accepts no responsibility for these third parties and for any individuals who enter into agreements with such third parties and any loss suffered as a consequence.

All enquiries relating to the Companies’ affairs should continue to be directed to:

The Official Receiver, Public Interest Unit, 2nd Floor, 3 Piccadilly Place, London Road, Manchester, M1 3BN. Email: PIU.North_StoreFirst@insolvency.gov.uk.

[unable to retrieve full-text content]The AAIB has sent a team to investigate a light aircraft accident in Wiltshire.

The London Family Planning Summit was co-hosted today by Priti Patel, the Secretary of State for International Development, Melinda Gates, Bill and Melinda Gates Foundation, and Natalia Kanem, UN Population Fund. The Summit focused on practical measures to reduce costs and increase availability for the millions of women who want contraception, but can’t afford or get hold of it.

At today’s Family Planning Summit, Ms Patel set out an increased support package – boosting and extending the UK contribution until 2022 – to provide voluntary, modern family planning to women in the developing countries across Africa and Asia.

In her key note speech at the London Summit, Ms Patel highlighted the UK’s global leadership in responding to the urgent need for voluntary family planning:

She said

It’s truly astonishing that in today’s world there are still 214 million women around the world who do not want to get pregnant, but who are not currently using modern methods of family planning. This new UK aid support will provide 20 million women with voluntary contraception, change the lives of 6 million women by allowing them to avoid unintended pregnancies and prevent the trauma of 75,000 still births.

But this isn’t a job for the UK alone and that’s why at this global Summit governments from around the world have come together to make commitments on family planning to address the long term need and unsustainable population growth.

The provincial governments of Pakistan also attended the London Summit. Pakistan pledged to reach 6.7 million additional people, (3.4 million already reported and an additional 3.3 million to be added) achieving a contraceptive prevalence trate of 50 % by 2020. This commitment will be achieved through additional resources, raising the per capita expenditure on FP to $2.50, and a programmatic refocus to address the information and service needs of men and young people and introducing safe and long acting reversible methods through task sharing.

A satellite event was also held at Islamabad, Marriot Hotel ahead of the Summit. The Health Minister Saira Afzal Tarrar; DFID Deputy Head Judith Herbertson; Country Representative UNFPA Hassan Mohtashami; and country director Population Council Dr Zeba Sathar all attended.

While speaking at the event, DFID deputy head Judith Herbertson said,

The Government is particularly emphasising the importance of the census for population planning and economic management; and we applaud the completion of the census and the associated ambition. If by 2020 Pakistan’s target of 50% contraceptive use is reached, it will be a huge stride forward for individuals, families and the country.

And will set Pakistan on the road to achieving reproductive health services for all by 2030 as set out in the Sustainable Development Goals.

Today there are 214 million women around the world, who despite not wanting to get pregnant, aren’t using modern contraception. Progress has been made globally to reach more women with family planning services, but more needs to be done. Voluntary family planning saves lives by enabling women to plan, and have fewer, pregnancies – reducing their risk of death through unsafe childbirth. This risk is very high in the world’s poorest countries, especially for adolescents.

The UK’s total package of support until 2022 will every year:

• help save the lives of over 6,000 women by preventing maternal deaths – that’s one woman every 90 minutes;
• support 20 million women to receive voluntary contraceptives through family planning services;
• help avert 6 million unintended pregnancies; and
• help prevent the trauma of 75,000 stillbirths and nearly 44,000 new-born deaths.

The UK put family planning on the international agenda with the inaugural 2012 Family Planning Summit where a goal was established to help 120 million additional women and girls use modern, voluntary family planning by 2020. Britain is the second largest bilateral donor of family planning in the world. Since the 2012 Summit, the UK has helped nearly 8.5 million additional women to access modern methods of contraception.

Notes to editors

1. Across Pakistan, the UK is working closely with federal and provincial governments and partners on ambitious plans which will benefit millions of children and improve the standard of their education.
2. Pakistan is now one of the UK’s largest recipients of development investment.
3. As well as tackling the education emergency, other priorities for the UK in Pakistan include preventing thousands of women dying in childbirth by funding skilled midwives, nurses, or doctors; providing job skills training to tens of thousands of the poorest people; and giving women in deprived households small monthly cash grants to purchase essentials, such as food and medicine.
4. UK development investment is dependent on continuing to secure value for money and results.

More Information:

DFID – the Department for International Development

• In Pakistan, contact the DFID-Pakistan media team on + 92 (0) 51 201 2000.
• Get free-to-use photos, videos and features online: www.gov.uk/dfid
• For breaking news, follow us on Twitter: @DFID_Press

The CMA has found that Origin’s proposed acquisition of Bunn could reduce competition to supply fertilisers in Scotland.

An iftar reception for Chevening Alumni was hosted by the Acting British High Commissioner Mr Richard Crowder at his residence on 22nd June 2017.

The reception was attended by Chevening scholars, Chevening South Asia Journalism Programme fellows, members of the elected Chevening Alumni Association of Pakistan as well as senior officials from the British High Commission.

The reception celebrated the achievements of the Chevening Alumni in the first half of 2017 as well as giving an opportunity for networking between members of the British High Commission and the Chevening Alumni.

Speaking at the iftar reception, Acting British High Commissioner, Mr Richard Crowder, said:

I am pleased to host this iftar reception which celebrates the achievements of the Chevening Alumni in 2017. This year is historic as it marks the 70th Anniversary of UK-Pakistan relations.

Our Chevening programme and the valuable work of our alumni is an integral part of these celebrations. Earlier this year, our Chevening South Asia Journalism Programme fellows trained over 80 journalists across Pakistan.

Chevening alumni go on in their professional careers to build a more prosperous, stable Pakistan. We look forward to staying in touch with them in the future.

The British High Commission will continue to celebrate the 70th Anniversary of UK-Pakistan relations with a series of events and activities all through the end of 2017. The application window for the Chevening one year master’s scholarship will open in early August.

Contact

Notes to editors

For updates on the British High Commission’s 70th Anniversary of UK – Pakistan relations and for more information on the Chevening Programme, please follow our social media channels:

Chevening Scholarships are the UK Government’s global scholarship programme. The scholarships support study at UK universities – mostly one year master’s degrees – for individuals with demonstrable potential to become future leaders, decision-makers, and opinion formers.

Chevening began in 1983 and has developed into a prestigious international awards scheme. Chevening Scholars come from over 160 countries and territories worldwide (excluding the USA and the EU), and more than 1,500 scholarships were awarded in 2016/2017. There are over 46,000 Chevening Alumni around the world who comprise an influential and highly regarded global network.

The name ‘Chevening’ comes from Chevening House in Sevenoaks, Kent – currently the joint official residence of the UK’s Foreign Secretary.

More information

Visit Chevening website for detailed information on the Chevening Scholarship Programme.