Category: ovwawlrmuwlt

Government borrowing falls to fresh 17-year low as income tax revenue grows by £3bn

first_img ““However, he, like the rest of us, is waiting to see what happens with Brexit,” he added.Read more: Hammond has the cash to end austerity, IFS saysCapital Economics said it kept the Chancellor “broadly on track” to hit his 2018-19 full-year borrowing target of £22.8bn with just month left to come.Its chief UK economist Paul Dales said: “That leaves the Chancellor well placed to loosen policy to support the economy in a no deal Brexit, if that’s where we end up.” Callum Keown Read more: Government borrowing falls to 17-year lowIn February itself net borrowing was lower than forecasts at £200m, and £1bn less than the same month in 2018.ONS said self-assessed tax receipts were “particularly high” in January and that late payments often spilled over into February.Over the two months combined receipts or self-assessed income tax and capital gains tax were £27.5bn, an increase of £3bn on the same period in 2018.”The short-term improvement in the public finances means that Philip Hammond has capacity to increase spending on under-pressure public services, while potentially cutting taxes to provide an economic boost,” Martin Wheatcroft advisor to the Institute of Chartered Accounts in England and Wales (ICAEW) said. Government borrowing has fallen to a fresh 17-year low so far this financial year as the UK’s strong labour market saw income tax revenue increase by £3bn.Public sector borrowing from April 2018 to February was £23.1bn, the lowest year-to-date borrowing since 2001 and £18bn less than the previous year, according to the Office for National Statistics (ONS). whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comcenter_img Government borrowing falls to fresh 17-year low as income tax revenue grows by £3bn Tags: Trading Archive Thursday 21 March 2019 9:45 am whatsapp Sharelast_img read more

HSBC and Standard Chartered slammed for Hong Kong law stance

first_img (Getty Images) Also Read: HSBC and Standard Chartered slammed for supporting China’s Hong Kong security law “We can all act shocked and damn them for supping with the devil, but neither bank had any real choice but to make the unpalatable decision to support the unsupportable. Both banks are based in the UK but have extensive business in Asia. whatsapp HSBC and Standard Chartered have today been critcised for their support of China’s new security law for Hong Kong. Standard Chartered declined to comment. (Getty Images) Bill Blain, market strategist and head of alternative assets at Shard Capital, said: “There is something deeply tragic about announcements from HSBC and Standard Chartered supporting the imposition of China’s Security Law in Hong Kong. “We aren’t an island, nor are the people fighting for freedom in Hong Kong who they just stabbed in the back.” HSBC said in a statement: “We respect and support laws and regulations that will enable Hong Kong to recover and rebuild the economy and, at the same time, maintain the principle of ‘one country two systems.” Neil O’Brien, Conservative MP for Harborough, Oadby & Wigston said: “All these lovely sentiments about not being an island and looking outward… then they go and back a violation of international law by an increasingly authoritarian state. O’Brien also tweeted: “If you bank with HSBC you are with a bank that is backing Beijing’s repressive new security laws, designed to snuff out freedom in Hong Kong. Other banks are available.” Standard Chartered later said it believed the law can “help maintain the long term economic and social stability of Hong Kong”.center_img Matthew Henderson, Asia Studies director at the Henry Jackson Society, said: “It is disappointing that an international institution that — throughout its existence — has benefitted from Hong Kong’s freedoms and opportunities, now feels obliged to collaborate with forces that are bent on the destruction of those same freedoms.” HSBC’s Asia-Pacific chief executive Peter Wong signed a petition backing the law, the bank said. HSBC and Standard Chartered slammed for supporting China’s Hong Kong security law whatsapp Thursday 4 June 2020 11:32 am “Both know their futures depend too much on China’s patronage to survive without kow-towing. Share Tom Tugenhadt, Conservative MP for Tonbridge, Edenbridge and Malling, tweeted: “I wonder why HSBC and Standard Chartered are choosing to back an authoritarian state’s repression of liberties and undermining of the rule of law? Where does this fit in their definition of corporate social responsibility?” James Booth “However, they have written the first lines of the final few paragraphs of their own obituaries. Banks that are run to appease regulators and flatter governments are unlikely to thrive.” (Getty Images) Also Read: HSBC and Standard Chartered slammed for supporting China’s Hong Kong security law Show Comments ▼last_img read more

Brits turn away from city life as attraction wanes

first_imgFriday 12 June 2020 12:01 am As working from home rises up the agenda due to the coronavirus pandemic, these views have only become more entrenched. A third of Brits anticipate an increase in how often they work remotely in the next year, while 12 per cent expect a decrease. Additionally, three in five expect that better technology will mean there’s less of a reason to travel into work in the future.  Also Read: New poll finds Brits turn away from city life as attraction wanes New poll finds Brits turn away from city life as attraction wanes Commenting on the survey findings, research director Ben Marshall said:  whatsapp Ipsos Mori’s survey finds that this will have a knock on effect on local economies, as 28 per cent of respondents say they will turn to local shops instead of supermarkets. That said, 54 per cent expect to see no change in 12 months’ time as a result of the outbreak.  “Relative to citizens of other countries, the British have tended to be cooler on the idea of city life, and our survey suggests many more expect them to get worse than better over the next few years as places to live and work.” There is, perhaps unsurprisingly, a split in opinion based on age as younger generations expect the appeal of cities to grow. A third of 18-34 year olds anticipate this for both living (33 per cent) and working (32 per cent). This compares to just 7 per cent of 35-54 year olds who think cities are attractive places to live in, and 15 per cent to work in.  Share Angharad Carrick The proportion of people who would prefer to live in a big city has decreased from 28 per cent in 2018, to just 22 per cent now.  Also Read: New poll finds Brits turn away from city life as attraction wanes There could be a dramatic shift in working life as cities become less attractive to Britons, a new poll has found.  Show Comments ▼ whatsapp “As well as long-term factors such as declining air quality, congestion and housing affordability, there are likely to be some short-term concerns at play; in April we found people expecting city-dwellers to be to hit harder by Coronavirus than those in rural areas.” In an online survey by Ipsos Mori, 44 per cent of Britons say they expect cities to become less attractive places to live in the next few years. Just 19 per cent say their draw will increase, in an indication that the pandemic is accelerating a swing away from big cities. last_img read more

Shares of ‘Baby Shark’ investor soaring after tweet from Elon Musk

first_imgAdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments AdvertisementTags: Baby Sharkelon muskStocks Bitcoin sinks 12% after Elon Musk tweets that Tesla won’t accept it as payment May 14, 2021 RELATEDTOPICS Scammers posing as Elon Musk are stealing from young investors, FTC says May 18, 2021 Prophetic investor that predicted housing market crash is betting against Tesla stock May 19, 2021 Elon Musk’s ‘Starlink’ Satellite spotted in Sanibel May 12, 2021center_img Advertisement AdvertisementWednesday’s surge is yet more evidence of Musk’s apparent influence on investors.Cryptocurrencies such as bitcoin and dogecoin previously saw sharp moves in their prices following comments by the tech billionaire. His tweets have previously also been linked to moves in the stock market in so-called meme stocks such as GameStop. The Baby Shark video was created by Samsung’s Pinkfong division, which SmartStudy says “develops creative, animated content to provide stimulating and fun learning experiences to children worldwide.” NEW YORK / CNBC — Shares of Samsung Publishing, a major shareholder in the producer of “BabyShark,” spiked on Wednesday after a tweet by Tesla CEO Elon Musk about the viral children’s song.The South Korean shares soared more than 10 percent at one point during regular trading on Wednesday, before closing out 6.29% higher. The company has no affiliation with South Korean conglomerate Samsung Group, even though they share the Samsung name.Wednesday’s gains came on the back of a tweet by Musk on Tuesday morning Asia time, which said: “Baby Shark crushes all! More views than humans.”The stock remains off its year-to-date high of 59,000 Korean won in April, according to data from Refinitiv Eikon, though it has already surged more than 97% since the start of the year. Samsung Publishing shares were sitting at 47,300 Korean won by Wednesday’s close. AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Advertisementlast_img read more

Two arrested after drone used to ‘fly drugs into Portlaoise Prison’

first_imgHome News Crime Two arrested after drone used to ‘fly drugs into Portlaoise Prison’ NewsCrime Facebook RELATED ARTICLESMORE FROM AUTHOR GAA WhatsApp Two people were arrested after they were caught attempting to fly drugs into Portlaoise Prison.According to Extra.ie, the incident happened Monday December 9 just before midnight.It appears that the pair were caught just before they launched the audacious plan.As according to the publication, Gardai detected them beside a car with a drone.When they searched the device, it is believed that they discovered a quantity of cannabis herb and tablets inside it.This comes after it was reported back in July that criminals were using the technology to reach inmates in the Midlands Prison in Portlaoise.Michael O’Toole of the Irish Daily Star reported that the flying devices are being used to deliver drugs, phones and other contraband to the prison.These items are being flown to the window of cells where they are being collected by prisoners.This is said to be a very different exercise to what criminals have previously been doing as up to now, objects had been dropped in the yard where they had been easier to detect.SEE ALSO –  Laois Sports Hall fiasco – no application for funding was ever madeSEE ALSO –  The Laois Today store is open for all your Christmas goodies Two arrested after drone used to ‘fly drugs into Portlaoise Prison’ Previous articleConstruction set to begin in Portlaoise for new libraryNext articleMountmellick Yarn Bombers Christmas tree unveiled in Government Buildings LaoisToday Reporter TAGSDronesPortlaoise Prison Pinterest Twitter Twitter By LaoisToday Reporter – 18th December 2019 GAA Facebook Pinterest WhatsApp GAA Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Here are all of Wednesday’s Laois GAA results 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

MFDA suspends W.H. Stuart

W.H. Stuart ordered to halt all public transactions A hearing panel suspended the firm following submissions on May 31 from MFDA staff and counsel for Marilyn Stuart, part owner of W.H. Stuart. The hearing panel said it will issue written reasons for its decisions in due course and adjourned the proceeding indefinitely. Related news MFDA proposes allowing dealers to directly manage model portfolios IE Staff Fund dealers focus on middle-class investors The Mutual Fund Dealers of Canada (MFDA) has suspended the membership of Markham, Ont.-based W. H. Stuart Mutuals Ltd. Back in May, the MFDA ordered the fund dealer to halt all public transactions because the firm was likely to become undercapitalized. MFDA warns dealers about conflicts created by fundco promos Share this article and your comments with peers on social media Keywords Mutual fund dealersCompanies Mutual Fund Dealers Association Facebook LinkedIn Twitter read more

GWL’s Irish Life subsidiary completes acquisition

first_imgThe transaction is expected to be earnings accretive, although not material to GWL’s financial results.Invesco Ireland, established in 1991, is an independent financial consultancy. CI acquires US$5.1B San Diego-based RIA Winnipeg-based Great-West Lifeco Inc. (GWL) announced on Thursday that its Irish subsidiary, Irish Life Group Ltd., has completed the previously announced acquisition of a strategic holding in Invesco Ltd. (Ireland). Terms of the transaction were not disclosed.“We are pleased to extend our position further with this strategic investment in Invesco,” said Paul Mahon, president and CEO, GWL, in a statement. Keywords Mergers and acquisitionsCompanies Great-West Lifeco Inc. Share this article and your comments with peers on social media Cidel Asset Management to acquire fixed income manager Related news Desjardins buys Montreal boutique firm Hexavest IE Staff Facebook LinkedIn Twitterlast_img read more

Fire Brigade and Water Ministry to Sign MoU for Rehabilitation of Hydrants

first_imgFacebookTwitterWhatsAppEmail The Jamaica Fire Brigade will be signing a Memorandum of Understanding (MoU), with the Ministry of Water and Housing, to rehabilitate fire hydrants islandwide over the next three years.Mayor of Kingston and St. Andrew, Senator Desmond McKenzie, making the announcement during his contribution to the State of the Nation Debate in the Senate on Friday (Jan. 30), said that the MoU would also provide for improvement in the responsiveness of the fire service, including the provision of emergency medical services, starting in Portmore and Kingston.“We (also) hope to start construction of a regional training academy for fire fighters, as well as establish a new and adequate head office for the Jamaica Fire Brigade this year,” he informed.The Jamaica Fire Brigade is also seeking to acquire trucks for bush and rural fire fighting, as well as buses, minivans and cars to meet the transportation needs of the brigade.“We are also looking at the issue of acquiring smaller and faster fire boats. We have entered into a MoU with the Caribbean Maritime Institute to repair the corporate area’s fire boat,” the Mayor told the Senate.Last year, the Fire Brigade acquired five new heavy duty vehicles, equipped with a variety of rescue equipment to deal with multiple accidents and other such problems.Turning to other areas under his portfolio, Senator McKenzie indicated that his office would be conducting an assessment of all places of amusement within the municipality, in keeping with a directive given to Mayors by Minister of State with responsibility for Local Government, Robert Montague, to “find those (places) which are operating in breach of the regulations.”Nightclubs are required to observe the following public safety requirements: have adequate and clearly defined entrances and exits; ensure that passageways, aisles and staircases have sufficient space to facilitate the safe and comfortable movement of patrons; and have adequate security measures in place to prevent patrons from entering the premises with firearms and other weapons.“The Minister of State has warned that local authorities face stiff actions if they fail to enforce these regulations, and he has instructed that a report of the assessments be forwarded to his Ministry. So there is no room for joking in this matter,” Senator McKenzie told the Senate. Fire Brigade and Water Ministry to Sign MoU for Rehabilitation of Hydrants EnvironmentFebruary 3, 2009 RelatedFire Brigade and Water Ministry to Sign MoU for Rehabilitation of Hydrants RelatedFire Brigade and Water Ministry to Sign MoU for Rehabilitation of Hydrantscenter_img RelatedFire Brigade and Water Ministry to Sign MoU for Rehabilitation of Hydrants Advertisementslast_img read more

Govt. to Strengthen Co-Operation with US to Curb Flow of Guns

first_imgRelatedGovt. to Strengthen Co-Operation with US to Curb Flow of Guns FacebookTwitterWhatsAppEmail The Government intends to renew its efforts to strengthen bilateral co-operation with the United States, with a view to addressing the flow of illegal guns from that country to Jamaica, Prime Minister, the Hon. Bruce Golding, has announced.Mr. Golding, who was making his contribution to the 2010/11 Budget Debate in the House, today (April 20), pointed out that the inflow of guns into Jamaica facilitates most of the murders that are committed here.He declared that the effort to stop the flow of guns from the United States, will be done “with the same vigour that we seek to apply to the flow of illegal drugs from Jamaica to the US.”“The security forces recover, on average, 600 guns each year. We suspect that a greater number enter the island each year, creating an ever increasing arsenal of illegal weapons snuffing out lives with callous brutality,” Mr. Golding said.The Prime Minister noted that the overwhelming majority of guns coming into the island are manufactured in the US, adding that a resolution before the United Nations for an international convention to restrict the illegal trafficking in small arms, is still the subject of negotiations. RelatedGovt. to Strengthen Co-Operation with US to Curb Flow of Guns RelatedGovt. to Strengthen Co-Operation with US to Curb Flow of Gunscenter_img Govt. to Strengthen Co-Operation with US to Curb Flow of Guns ParliamentApril 21, 2010 Advertisementslast_img read more

Boat fire wreckage taken to navy base for investigation

first_imgHomeFeaturedBoat fire wreckage taken to navy base for investigation Sep. 14, 2019 at 5:00 amFeaturedNewsBoat fire wreckage taken to navy base for investigationAssociated Press2 years agoboat fireCoast Guard regulationsnavySafety BoardThe Conception STEFANIE DAZIO and BRIAN MELLEYAssociated PressFederal investigators identified a violation of Coast Guard regulations that could trigger criminal charges in the California dive boat disaster that killed 34 people.The National Transportation Safety Board said Thursday that all crew members on the boat Conception were asleep when the pre-dawn fire broke out Sept. 2 off the coast of Santa Barbara. The boat was required to have a crew member on lookout duty, according to Coast Guard rules.“A member of the vessel’s crew shall be designated by the master as a roving patrol at all times, whether or not the vessel is underway, when the passenger’s bunks are occupied,” the boat’s inspection certificate said as a condition of operation.The Conception’s burned-out wreckage was in Port Hueneme Friday morning, according to ship-tracking website marinetraffic.com , a naval base more than 60 miles (97 kilometers) northwest of Los Angeles.Federal investigators are searching for the cause of fire and looking into possible criminal charges that would likely focus on an obscure federal law known as the seaman’s manslaughter statute.Under the pre-Civil War law that can bring penalties up to 10 years in prison, prosecutors only need to show negligence or that the captain or crew committed misconduct or neglected their duties.Defense lawyers and law professors said that failure to appoint a night watchman or falling asleep on the job could be enough to bring charges.“No watch? A boat that far offshore?” attorney Michael Turndorf said. “I think that fits the statute. I would be surprised, if those are the real circumstances, that somebody doesn’t get charged.”The law was put in place to punish captains, engineers and pilots responsible for deadly steamboat accidents that killed thousands in the 19th century.A lawyer for Conception captain Jerry Boylan said he didn’t believe his client had spoken with the NTSB yet and declined to answer questions about what his client did the night of the tragedy.“I would say that he’s emotionally devastated,” attorney Michael Lipman said.Attorney James Mercante, who handles maritime law, said seaman’s manslaughter law is dangerous for boat owners and officers, and it’s often in their interest not to talk with investigators.“You want to cooperate with authorities when there’s a casualty. But you have to draw that fine line,” Mercante said. “It comes down to a decision between cooperation and incrimination.”The captain and four crew members were asleep on the vessel’s upper deck and survived. The sixth, a 26-year-old deckhand named Allie Kurtz, was sleeping below deck and perished with the boat’s 33 passengers.Kurtz’s grandmother, Doris Lapporte, said she was too distraught to comment on the NTSB findings, issued days before the family planned to scatter her granddaughter’s ashes at sea.“I have nightmares every day about her going up in flames,” Lapporte said, crying. “This isn’t the time to talk about how angry I am or how I feel.”The victims on the Conception were a diverse collection, including a girl celebrating her 17th birthday with her parents and a friend, a marine biologist who was leading the three-day scuba diving excursion, an Indian-born dentist and her husband from Connecticut, an environmental scientist, and a professional photographer.Douglas Schwartz, an attorney for the Conception’s owner, Truth Aquatics Inc., attempted to cast doubt on the NTSB’s conclusion that the crew was sleeping, saying in a released statement that a witness “seems to contradict” that notion.A crew member was awake shortly before the fire started and checked the galley and surrounding area around 2:30 a.m., Schwartz said. The first mayday call from the captain was transmitted at 3:14 a.m.Schwartz refused to answer follow-up questions, including whether that crew member was assigned to night watch and went back to sleep after inspecting the galley.The parents of Charles McIlvain, 44, a visual effects designer who was onboard with his neighbor, said they were greatly disturbed to hear there was no roving watchman.“Early detection may have made an incredible difference in outcome,” Clark and Kathleen McIlvain said in a statement.Tags :boat fireCoast Guard regulationsnavySafety BoardThe Conceptionshare on Facebookshare on Twitteradd a commentPolice shoot burglary suspectIn era of legal pot, can police search cars based on odor?You Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall7 hours agoNewsCouncil picks new City ManagerBrennon Dixson18 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter18 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor18 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press18 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press18 hours agolast_img read more