Latest News from Hodge Bank

1st March 2017

Respected City economist Roger Bootle to give annual Julian Hodge lecture

Roger Bootle

Roger Bootle

One of the City of London’s best-known economists, Roger Bootle will be the guest speaker at this year’s Julian Hodge Institute of Applied Macroeconomics annual lecture.

As the UK continues to digest the potential ramifications of Brexit, Mr Bootle will look across the Channel at the broader issues affecting our near neighbours in his lecture entitled “The Future of Europe”.

Roger Bootle is the founder and chairman of Capital Economics, one of the world’s largest economics consultancies. He is also an Honorary Fellow of the Institute of Actuaries and a Specialist Adviser to the House of Commons Treasury Committee. Roger is a regular columnist for The Daily Telegraph.

Roger has written several books, including his widely acclaimed latest, The Trouble with Europe, which examines how the EU needs to be reformed and what could take its place if it fails to change. It follows The Trouble with Markets, Money for Nothing and the prophetic The Death of Inflation, published in 1996. In July 2012 Roger and a team from Capital Economics won the Wolfson Prize.

The Julian Hodge Institute of Applied Macroeconomics was established 17 years ago in association with Cardiff Business School. Its aim is to carry out research into the UK economy and the UK’s relationship with other European economies. Its director is Professor Patrick Minford of Cardiff Business School, who is also the economic adviser to the Hodge group.

This year’s lecture takes place in Cardiff on 10th May.

1st March 2017

New student building backed by Hodge Bank

Iesis Group chief executive Iestyn Lewis (right) with Hodge Bank’s Gareth Davies, in Cumberland Street, Bristol, which is being converted into 86 apartments.

Work has started to convert into student accommodation five adjoining properties close to the centre of Bristol.

Empty for five years and formerly offices, 31-35 Cumberland Street has been bought by Iesis Group, the Bristol-based property and engineering company.

Due to be complete by September, the new building will provide high-quality, individual apartments for 86 students, behind the original grade two listed Victorian façade.

The development is being backed by Hodge Bank, which specialises in providing senior debt funding for real estate investors and developers.

The deal was negotiated by Gareth Davies on behalf of the bank. “We have a long-standing relationship with the Iesis Group and have watched it grow into a major property and engineering enterprise,” said Mr Davies.

“From its offices in Bristol and London, the group has developed a reputation for transforming complex and sensitive sites into attractive buildings across wide-ranging asset classes.

“Valued at £8m when complete, the Cumberland Street scheme will be the latest example of the group’s skill in taking derelict real estate and turning it into a building that meets today’s needs,” he added.

Iesis Group chief executive Iestyn Lewis said: “We are delighted to have secured this complex site and once again to be working with Hodge Bank.

“Cumberland Street represents an area undergoing significant positive change and our development will help preserve this important listed building for the long term.”

1st December 2016

The Hodge Centre for Neuropsychiatric Immunology

A £1m investment from the Hodge Foundation will see Cardiff University experts join forces to explore the role the brain’s immune system plays in some of the most common brain disorders like Alzheimer’s, schizophrenia and epilepsy.

The new five year partnership will establish The Hodge Centre for Neuropsychiatric Immunology and bring together leading experts in both neuroscience and immunology.

The Centre will facilitate collaboration between Cardiff University’s Neuroscience and Mental Health Research Institute and Systems Immunity Research Institute under the leadership of their respective directors, Professor Jeremy Hall and Professor Paul Morgan.

It’s expected that the virtual Centre’s focus on the immune system will help gain a better understanding of why disabling conditions such as Alzheimer’s disease and schizophrenia develop and which factors cause them to progress.

“We are extremely grateful to the Hodge Foundation for their generous donation,” said Professor Jeremy Hall, Director of Cardiff University’s Neuroscience and Mental Health Research Institute.

“Sadly, for many diseases like Alzheimer’s there have been few recent advances in treatment and no new drugs, whilst treatments that do exist are limited and often associated with unpleasant side effects.

“However, we do know that changes in our immune system is a factor in the development of brain disorders but more work is needed to explore this fully…”

The Hodge Foundation supports medical research, principally in the areas of cancer and mental health, through the provision of grants to universities, medical institutions and research charities.

Jonathan Hodge, Chair of the Hodge Foundation, said: “As a Foundation, we are truly proud to support the world leading research taking place at Cardiff University.

“We have already seen our support produce tangible benefits in key areas of public health. Now Cardiff’s strengths in both neuroscience and immunology put them in an excellent position to make a rapid step change in their knowledge in this field and open up the hugely exciting possibility of new treatments for patients.

“We are delighted to play a part in this.”

The £1m donation from the Hodge Foundation will fund a Senior Fellowship which will help attract some of the very best young researchers already working in neuropsychiatric immunology to Wales.

It will also fund six Hodge Foundation PhDs, five pilot research studies and seed funding for innovative new ideas. The Centre will also host a series of public lectures.

Professor Paul Morgan, Director of Cardiff University’s Systems Immunity Research Institute added: “The link between the immune system and brain disorders has long been suspected and offers the potential for a new route to developing treatments for those at risk of developing these conditions.

“The Centre is an extremely important development as it will mean that we have a real opportunity to put the immune system at the centre stage of our understanding…”

Major mental health disorders such as Alzheimer’s disease and schizophrenia are estimated to cost the UK economy over £37bn per year.

They continue to place a significant burden on patients and their relatives through reduced quality of life, increased physical illness and disability, lost employment, discrimination and isolation.