Tags: Save our SMEs Hundreds of firms yet to receive money through furlough scheme Smaller businesses are missing out on furlough support “What’s more, our research illustrates that the funds must then be released quicker – thousands of companies are waiting for money they have successfully applied for and this delay could run them into the ground.” (AFP via Getty Images) A survey of more than 900 firms commissioned by comparison website KnowYourMoney.co.uk, found that nearly half of UK firms have furloughed staff, with a quarter making employees redundant. Of the 360 large companies surveyed – firms with over 250 employees – 85 per cent have been successful in an application and have since received a loan. This falls to just 56 per cent in small businesses, and 34 per cent of medium-sized businesses. Nic Redfern, finance director at KnowYourMoney, said: “Evidently, with closures and furloughing taking place on a huge scale, there is significant need for financial support within the private sector.” (AFP via Getty Images) Also Read: Hundreds of firms yet to receive money through furlough scheme The Treasury has promised that every successful business to apply will receive payment within six days after they lodge their claim. But 71 per cent of UK firms have not received support through the scheme, even though it is due to wind down next month. whatsapp On the whole, respondents were happier with the government’s loan schemes, notably the CBILs scheme which provides financial support to SMEs hit by the coronavirus outbreak. The job retention scheme has been a cornerstone of the Chancellor’s coronavirus support package. It sees the government pay up to 80 per cent of wages, of up to £2,500 a month, to workers on furlough during the pandemic. Tuesday 12 May 2020 12:25 pm The UK’s smallest businesses have been the worst hit, with 86 per cent of micro businesses not yet receiving furlough money. Additionally, 65 per cent of small businesses, and 46 per cent of medium businesses – between 50 and 249 employees – have not yet received support. Banks have faced criticism for being slow to process applications and the survey shows there is some divergence in how it has been received by different sized businesses. Hundreds of UK firms who have furloughed staff during the coronavirus pandemic are yet to receive money through the government’s scheme. Larger firms benefit from CBILs scheme (AFP via Getty Images) Also Read: Hundreds of firms yet to receive money through furlough scheme Firms including many in the City of London have put thousands of workers on furlough, where they will be paid through the government’s job retention scheme (AFP via Getty Images) Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoArticles StoneTeacher Throws Marine Out, He Gets The Last LaughArticles StoneUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoDefinitionThe Funniest Yard Signs EVER WrittenDefinitionUndo Get the news as it happens by following City A.M. on Twitter. Show Comments ▼ Listen to our daily City View podcast as we chart the economic fallout and business impact of the coronavirus pandemic. whatsapp Share “That is why it is not only essential that loans are made available to businesses of all shapes and sizes, but also the process of applying for those loans is made as simple as possible.” Rishi Sunak introduced the bounce back loan scheme after small firms complained they were being shut out of CBILs. The new scheme, launched last month, offers the UK’s smallest firms loans worth 25 per cent of turnover, up to £50,000. They are 100 per cent guaranteed by the government. Save our SMEs Angharad Carrick
Friday 26 June 2015 7:20 am In pictures: The last of the BBC’s landmark satellite dishes has been taken down at the former Television Centre in White City The last of the 20 iconic satellite dishes at the BBC’s former Television Centre in White City has been taken down as part of the site’s redevelopment. Read more: BBC sells White City site for £87m to Stanhope and Japanese firm Mitsui Fudosan The dishes, which became a West London landmark for decades, were used by the BBC to receive and broadcast news both in the UK and beyond. The final dish to be removed, 11 metres in diameter, was used to distribute programming in the UK. The BBC will still have some offices at the site (Source: Mike O’Dwyer) From now on, the BBC will broadcast using its eight dishes at a new satellite farm elsewhere, while the current site will be turned into a mix of office and television studio space for the BBC, alongside 950 new homes, offices, cafes, restaurants and a gym. There were originally 20 dishes at the site (Source: Mike O’Dwyer) A new branch of private members’ club Soho House will also be opened in the building, including a restaurant, hotel and roof-top pool. Developer Stanhope is carrying out the project, with the first phase due to be opened in 2017. Alistair Shaw, managing director of Television Centre, said: We took the decision early on to do something very different at Television Centre to reflect the creative history of this iconic site. White City is changing and Television Centre will be at the heart of this exciting regeneration, a new centre of gravity for London with its own sense of place. whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorEliteSinglesThe Dating Site for Highly-Educated Singles in ScottsdaleEliteSingles whatsapp Sarah Spickernell Show Comments ▼ Tags: NULL
Email* Speculation that Orient Overseas (International) Ltd (OOIL) is likely to be involved in some sort of deal-making is nothing new – and could well return at some point in the next few weeks.A few months before Singapore’s Neptune Orient Lines (NOL) was acquired by France’s CMA CGM, which valued the equity of the target at $2.4bn around the end of 2015, OOIL was rumoured to be close to cutting a deal with NOL, merging its Hong Kong-headquartered container line OOCL with … Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium LOGIN New Premium subscriber REGISTER Please Login Reset Your Password Please either REGISTER or login below to continue Premium subscriber LOGIN Email* << Go back Forgotten your password? Please click here Password* By Alessandro Pasetti 06/12/2016 Reset
Bitcoin surge doesn’t affect damages, B.C. court says “impak Finance is writing a new page in the young history of ICOs by taking on the challenge of becoming fully regulatory compliant and as a result of bringing a higher degree of protection for participants,” says Paul Allard, impak Finance’s CEO, in a statement. impack Coin is one of the first few ICOs globally to have passed all of the national regulatory requirements. The company believes its model will be a lesson for regulators seeking to protect investors while also helping small businesses raise capital using the newest developments from financial technologies. Toronto-based financial technology firm impak Finance, announced on Wednesday the public presale of its impak Coin, Canada’s first initial coin offering (ICO) fully compliant with Canadian securities laws. The currency is designed to function alongside the traditional economy “but with the public benefit in mind,” the company says in a news release. The public crowdsale of its impak Coin starts Aug. 21 and investors can participate on the company’s website. Leah Golob U.S. businesses may have to report crypto assets to IRS Related news Keywords Cryptoassets BoC digital currency would be greener than Bitcoin, deputy says Share this article and your comments with peers on social media Facebook LinkedIn Twitter
Leah Golob Share this article and your comments with peers on social media Guaranteed lifetime income supplements are looking increasingly attractive to Canadians, particularly because many fear an inability to maintain their standard of living in retirement, according to a recent study supported by Toronto-based Sun Life Assurance Co of Canada. and Winnipeg-based Great-West Life Assurance Co.The 2018 Canadian Guaranteed Lifetime Income Study (GLIS) conducted by Washington-based Greenwald & Associates and Toronto-based Cannex Financial Exchanges Ltd., shows that less than half (45%) of Canadians are highly confident they will be able to keep their standard of living in their twilight years, and nearly a third (29%) don’t expect to meet this goal at all. In scenarios where Canadians outlive their predicted life expectancy — on average, 85 years of age — by five years, this lack of confidence increases to 46%, and jumps up further to 58% after 10 years.As a result, more and more Canadians (80%) consider guaranteed life income products a desirable supplement to government sponsored retirement plans — a significant increase from 60% in the 2015 GLIS study.Participants say key factors threatening their security in retirement are: retirement savings not keeping up with inflation (48%), low interest rates (47%), not earning as much as possible on investments (46%), losing money during downturns in the stock market (46%), not being able to afford long-term care expenses (45%), outliving savings (43%), and not having enough money for an emergency (43%).Also readHelp clients overcome the fear of running out of moneyIt’s important to note that more than a third of women (35%) reported being highly concerned about outliving their retirement savings compared to men (20%). Not surprising then, is the finding that more women than men rated a guaranteed life income as highly important to meeting essential expenses in retirement (76% vs. 64%).Canadians increasingly looking to guaranteed income products to provide longevity, peace and of mind, and easier budgeting, the report says. However, despite enthusiasm, participants also noted that guaranteed income products have their drawbacks. They offer limited access to money, they’re difficult to understand, there have too many terms and conditions, and they’re costly.Another, perhaps more significant finding, was that participants are not particularly aware or educated on their product options, especially when it comes to guaranteed income.“Among the three-quarters of respondents working with financial advisors, retirement income conversations are largely focused around asset withdrawal, investments with dividends or fixed income strategies,” says Sam Sivarajan, senior vice president of wealth solutions at Great-West Life, in a statement.“The study shows that guaranteed lifetime income products, more often than not, aren’t part of these discussions.”Specifically, only 44% of Canadians who have discussed retirement income with an advisor say they have spoken about taking a consistent percentage of savings as income. Income annuities and segregated funds were brought up in conversation even less (27% vs. 16%).Among participants who still haven’t discussed a retirement strategy with an advisor, 40% say they’d be interested in income annuities or segregated funds.How an advisor pitches a product to their client plays a significant role, however. For instance, when a guaranteed income product was labeled as an income annuity or segregated fund, 41% of participants expressed diminished interest.The likely reason is that 67% were unaware that segregated funds can be used as guaranteed life income, and 41% say they are unfamiliar with income annuities, in general.Most participants (73%) want and expect their advisor to discuss these kinds of products with them, and say that that if an advisor doesn’t fulfil this responsibility, they would consider finding someone else.“Canadians are looking for financial solutions that maximize the value and flexibility of their retirement savings while also providing guaranteed income for life,” says Jordy Chilcott, head of investment distribution at Sun Life Global Investments (Canada) Inc., in a statement.“Segregated funds and annuities are two solutions that can help Canadians reach their goals while addressing retirement risks for longevity and market volatility.”For the study, 1,003 pre-retirees and retirees aged 55 to 75 were interviewed in February. Participants were required to have more than $100,000 in investable assets, excluding the value of a home. Annuity measures announced in 2019 get nod in federal budget Purpose looks to fill retirement income gap with longevity fund Related news CI GAM and Empire Life launch seg fund suite Keywords Retirement income, Segregated funds, Annuities racorn/123RF Facebook LinkedIn Twitter
RelatedReggae Symposium in Washington D.C. Advertisements Reggae Symposium in Washington D.C. CultureMarch 3, 2010 RelatedReggae Symposium in Washington D.C. RelatedReggae Symposium in Washington D.C. FacebookTwitterWhatsAppEmail Principal Director of Culture and Entertainment in the Ministry of Youth, Sports and Culture, Sydney Bartley, says there is an urgent need to sustain reggae at the forefront of the world’s cultural treasures and ensure Jamaicans attain sustainable prosperity from it.Delivering the keynote address at a reggae symposium entitled, “Celebrating the Life of Bob Marley: Contribution to Jamaica’s Development”, on Friday (February 26), at the Jamaican Embassy, Washington, D.C. Mr. Bartley said reggae was the most fundamental and significant element of Brand Jamaica.“As a people, we must wake up to certain realities and create the necessary waves, to ensure that there is no erosion to the brand. In fact, our global mission must be to enhance this product for the greater glorification of our people,” he added.He argued that while reggae has made its way onto the world stage, and is successful internationally, Jamaicans must come to terms with the fact that many practitioners are not prepared for the business of the music.He said the challenge the industry now faces, is the creation of strategies to exploit creativity in ways and means that will accrue greater revenue to local creators and the wider community.In his welcoming remarks, Jamaica’s Ambassador to the United States, His Excellency Anthony Johnson, said that the idea of Reggae Month was to have people reflect on the contribution of the industry to Jamaica, and how it can be exploited and be improved for the benefit of Jamaicans.The event was staged for the second time by the Embassy of Jamaica and the Jamaica Information Service (JIS), in observance of February as Reggae Month.
Defence families welcomed to new postings across Australia 29 January Department of DefenceAUSTRALIAN Defence Force (ADF) members and their families will be welcomed to new posting locations across the country with a mix of in-person and virtual welcome events over the coming weeks.Hosted by Defence Community Organisation, the in-person and virtual welcome events will showcase local community and government services, and provide information about education, partner employment assistance, recreation and support services available in the local area.Minister for Defence Personnel Darren Chester said each year ADF members take up new postings across Australia for promotions, career development or new opportunities and that these welcome events were a great opportunity for defence families to meet each other and get to know their local area.“Each of the local Defence Community Organisation offices across Australia works with local community groups and support services to support ADF families and build a strong, connected and resilient Defence community,” Mr Chester said.“For the first time, the inclusion of a virtual welcome platform means even more ADF members and their families, wherever they live, can access the range of welcome information at their convenience and from the comfort of home.“Defence Community Organisation offers a range of programs and services to help ADF members and their families manage the challenges and opportunities of military life.“Whether members are single or have posted with their families, ADF members are welcome to come along with their parents, partner, siblings or kids.”The program of welcome events runs for almost six weeks from early February through to mid‑March. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:ADF, army, Australia, career, community, Defence, defence force, education, employment, Force, Government, meet, military, Minister, navy
Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Jan. 17, 2001 A new employee program officially launched last fall at the University of Colorado at Boulder to support the Building Community initiative is seeking applicants for a new session of the program beginning in March. Boulder Campus Perspective, an intensive awareness-building program, was piloted last spring to encourage networking and increase staff awareness of CU-Boulders governance and its role in the four-campus system. It consists of seven half-day educational sessions, which will meet from March through June, according to Shashi Pillai, program coordinator and instructor with the Office of Organizational and Employee Development. A companion program, called University Perspective, will be offered in the fall to complement Boulder Campus Perspective. Feedback from the program has been very positive, Pillai said. Julie Mobley of Faculty Affairs said of the program, “I feel as if a door has opened” and that she now can “make suggestions regarding opportunities that are made available to staff at the university.” Sara Noah of planning, budget and analysis said, “Participation in programs like the Boulder Campus Perspective helps us to become more knowledgeable about the university and better able to make decisions in our daily work.” Nominations for the Boulder Campus Perspective are being accepted now through Feb. 23. Up to 20 employees will be accepted. To be nominated, employees must have received a positive performance rating of fully competent or higher from their supervisors. Employees also may nominate themselves for the program, according to Pillai. To encourage a mix of employees from various backgrounds, Organizational and Employee Development is requesting several nominations from the chancellor and each of the four vice chancellor areas including academic affairs, student affairs, administration and planning, budget and analysis. The CU system administration also will nominate employees. Boulder Campus Perspective requires attendance at meetings of several standing university organizations including the Boulder Staff Council, the Boulder Faculty Assembly and the University of Colorado Student Union. Participants also will spend up to an hour at another participants work site to learn about other departments missions. Nomination letters and forms should be submitted to the appropriate administrative office by 5 p.m. Feb. 23. For information contact the Office of Organizational and Employee Development at (303) 492-8103 or send e-mail inquiries to [email protected] to get forms. Nominations will be reviewed at the chancellor, vice chancellor and system administration level before being forwarded to the Office of Organizational and Employee Development. For more information contact the Office of Organizational and Employee Development or visit the Web site at www.colorado.edu/EmpDev/training.html.
A research effort led by the University of Colorado Boulder to develop an inexpensive, “do-it-yourself” coating to retrofit energy-inefficient windows in residential and commercial buildings has been given a $4 million boost over three years by the U.S. Department of Energy (DOE).The funding will be used to develop a paintable, infrared-reflective coating to drastically reduce cooling costs for structures and help reduce greenhouse gas emissions by minimizing solar heat gains, according to CU-Boulder Assistant Professor Garret Miyake of the Department of Chemistry and Biochemistry. Miyake is the principal investigator on the award, which also involves the California Institute of Technology in Pasadena, California, the Lawrence Berkeley National Laboratory (LBNL) in Berkeley, California, and Materia Inc., a private company headquartered in Pasadena.Widespread national use of the new window coating promises to reduce the consumption of electricity used for cooling by 35 billion kilowatts, saving a projected $4 billion annually, said Miyake, who is also a faculty member of the Materials Science and Engineering (MSE) Program at CU-Boulder. The improved energy efficiency would decrease U.S. carbon dioxide emissions by roughly 26 million tons per year, the equivalent of removing 120 million cars from the road.“Our goal is to provide an inexpensive product across a broad marketplace to improve energy inefficient windows and create significant savings for consumers,” Miyake said. “We see this as an exciting opportunity to make a positive impact in the field of energy efficiency.”The $4 million award is part of $125 million in grants awarded by the DOE’s Advanced Research Projects Agency – Energy (ARPA-E) for 41 cutting-edge energy technologies. Collaborators on the CU-Boulder-led effort include Caltech team leader Professor Robert Grubbs, a 2005 Nobel laureate, as well as researchers Raymond Weitekamp, Stephen Selkowitz and Arman Shehabi, who lead the team at LBNL.The coating consists of a unique class of polymers — chemicals made of many repeating units — that self-assemble into a photonic crystal structure that simultaneously reflects heat and is transparent to visible light, Miyake said. An economic analysis by the team indicates that windows could be retrofitted for about $1.50 per square foot.While infrared-reflective coatings are commercially available and have demonstrated significant energy savings, there are high up-front costs that can deter many potential customers, said Miyake. Such coatings generally need to be incorporated during manufacturing or installed by professionals.“We will be able to provide an inexpensive paint that can be directly applied to windows by consumers to minimize solar heat transport and improve the energy efficiency of virtually all window types,” he said.ARPA-E grants are designed to fund projects that display innovative technologies and show promise for commercial use but are too early for private sector investment, according to the DOE. The 41 funded projects — viewed as promising avenues in the hunt for viable ways to combat climate change, enhance security and solve pressing global energy challenges — come from 21 states and encompass 10 technical categories spanning transportation, electricity generation and delivery, and energy efficiency.Contact:Garret Miyake, [email protected] Scott, CU-Boulder media relations, [email protected] Categories:EnvironmentScience & TechnologyNews Headlines Published: Dec. 3, 2015 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail “Our goal is to provide an inexpensive product across a broad marketplace to improve energy inefficient windows and create significant savings for consumers,” said CU-Boulder Assistant Professor Garret Miyake of the Department of Chemistry and Biochemistry and principal investigator on the award. “We see this as an exciting opportunity to make a positive impact in the field of energy efficiency.”