warehouse 14 metres from one residential property in Witney, with trucks coming and going at all times of night were branded "completely unacceptable" by residents and attracted over 190 objections. Nevertheless, in April 2022 NFU Mutual's management allocated in excess of a further £20 million of members' funds to this speculative investment with its commercial partner Tungsten. In March 2022 plans were announced to build a speculative £34 million shed in Staffordshire. Work has since began on the shed. In April 2022, a shed was traded with Valor for £50 million. In July 2022, NFU Mutual withdrew from a number of the shed schemes selling eight of them to American-based investment firm Barings LLC for £234m. Commenting on the transaction, Bearing said they had picked up the property following a "pricing shift in the sector, [in a deal that represented a] short-term relative value opportunity" for them. In October 2022, along with partners Apache, Harrison Street, NFUM obtained a loan of £70 million from Deutsche Bank to finance a £150 million build-to-rent development in Liverpool. A 325 rental-home unit neighbourhood in Liverpool was funded with NFUM capital and loans and opened in late 2022. HQ building The head offices are at Tiddington. The 1984 building was designed by David Lloyd Jones for RMJM. It was one of the first to be designed around environmental sustainability. Research and reports Each year, NFU Mutual issues a Rural Crime report based on its claims data. In October 2022 the business released research indicating their customers had "put a hold on their [investment] plans while... assessing uncertainty overshadowing" them. Notable people During World War II, Arthur Scarf, an employee was awarded a posthumous Victoria Cross. A former First World War pilot, George Lindsay, was NFU Mutual General Manager between 1944 and 1955. A former chairman of NFUM is Lord Curry of Kirkharle. Controversies System glitches In December 2020, the National Association of Group Secretaries ("NAGS") recorded the CEO, Nick Turner, had put on record a report from the agents stated: "System glitches have been identified where business client customer care flags are not being pulled through on... reports or even being picked up.... The suggested workaround is not acceptable, and we [Agents] are pushing back hard..,training is incredibly dry." Business interruption and Covid-19 During the 2020 pandemic, NFUM claimed it had no liability to meet claims for COVID-19 related business interruption. This has since