Government to subsidise wages of part-time workers in new scheme

first_imgThe scheme, described by Sunak as a “radical intervention into the UK labour market”, will allow full-time workers to go back to work part-time and have the government help pay for two-thirds of hours they have lost. Rishi Sunak today announced a new “jobs support scheme” , which will see the government support the wages of people working part-time from November in a bid to stave off mass unemployment. The Treasury will also allow businesses to pay their deferred VAT payments – announced earlier this year – over 11 installments instead of paying it all back next March. The Treasury will also extend all its Covid loan schemes until the end of the year, while also allowing businesses to now pay back debts over 10 years instead of six. “The government will directly support the wages of people in work, giving businesses that face depressed demand the option of keeping employees in a job on shorter hours rather than making them redundant,” Sunak said. The terms of the government’s popular Bounce Back Loans scheme – which sees the government take on 100 per cent of default risk – have also changed to allow businesses to make interest-only repayments or suspend repayments entirely for six months. “That means supporting people to be in viable jobs that provide genuine security.”  Rishi Sunak poses with his ‘Winter Economy Plan’ outside 11 Downing street (AFP via Getty Images) Also Read: Government to subsidise wages of part-time workers in new scheme The new scheme came together with a package of other business relief measures – including extending the lengths of business loans taken out under emergency Covid schemes and extending a VAT cut for hospitality and tourism – as a part of the chancellor’s Winter Economic Plan. Self-employed workers will also be able to claim on similar terms from November. Rishi Sunak poses with his ‘Winter Economy Plan’ outside 11 Downing street (AFP via Getty Images) Also Read: Government to subsidise wages of part-time workers in new scheme “It’s a relief this government has U-turned now, but we must be open and honest – that delay in introducing this new scheme will have impacted on businesses confidence,” she said. Experts had predicted a wave of mass unemployment next month when the furlough scheme ended as many companies still cannot operate at full capacity with the current coroanvirus restrictions in place. Share Stefan Boscia Labour shadow chancellor Anneliese Dodds said she had called for a targeted extension to the furlough scheme 40 times and that this intervention had come too late. The VAT cut – from 20 per cent to five per cent – for hospitality and tourism companies was also extended until the end of March as a part of the government’s Winter Economic Plan. This will reduce monthly payments for businesses that have borrowed through one of the four schemes. Sunak announced the new spending programme in the House of Commons today as a replacement for the furlough scheme, which ends on 31 October. whatsapp whatsapp “We will target support at firms that need it most – all SMES are eligible, but larger businesses are only eligible when their turnover has fallen during the crisis.” Thursday 24 September 2020 12:40 pm “The furlough scheme was the right policy at the time we introduced it… but as the economy reopens it is fundamentally wrong to hold people in jobs that only exist inside the furlough,” Sunak said. The jobs support scheme, which will run for six months, will be available for all small to medium sized businesses (SMEs) and employees will have to work one-third of normal hours to be eligible. Show Comments ▼ Rishi Sunak poses with his ‘Winter Economy Plan’ outside 11 Downing street (AFP via Getty Images) Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoPast Factory”Waltons” Actress Says Magazine Ended Her CareerPast FactoryUndoNoteableyAirport Security Couldn’t Believe These Jaw-Dropping MomentsNoteableyUndoDefinitionThe 20 Worst Draft Picks Ever – Ryan Leaf Doesn’t Even Crack The Top 5DefinitionUndoJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderUndo Government to subsidise wages of part-time workers in new scheme More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comlast_img read more

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The Art of Being a Person on an Airplane

first_imgTravelThe Art of Being a Person on an AirplaneTo and fro in 2016: 5 Lessons Learned at 35,000 FeetBy Amy Wallace – December 29, 2016830ShareEmailFacebookTwitterPinterestReddItDuring the last days of 2016, like so many holiday travelers, I spent hours up in the air. Normally I experience air travel as a kind of in-between state – a lull, neither here nor there, midway between where I was and where I’m going. But this season I found myself more conscious than ever of my mid-flight surroundings. I’m not talking about the lack of leg room (though, yikes: where did it all go?), but about the human pathos that occurs inside the metal cylinders we call jumbo jets. What got me thinking such thoughts? Carrie Fisher’s ailing heart.By now, everyone knows that a few days before Christmas, on a flight from London to Los Angeles, the razor-witted actress and writer suffered a major heart attack 15 minutes before landing. She never recovered, and her death at 60 immediately prompted an emotional outpouring from Star Wars fans (followed by another collective outpouring a day later, when her mother, the actress Debbie Reynolds, passed away). To me, the fact that Fisher–who became famous playing a princess who traveled by spaceship–was stricken in-flight, added another layer of sadness. In life, she’d helped so many strangers. Many lauded her for destigmatizing mental illness (she was bipolar). That she lost consciousness surrounded by strangers at 35,000 feet seemed unfair.But it happens all the time.At any given moment, on any given day, as many as half a million residents of the planet Earth are not on earth at all. They are eight miles up in the air, strapped into the narrow seats of passenger planes, traveling at eight-tenths the speed of sound. Imagine every single person in Pasadena, Glendale, and Burbank, sitting all together while watching War Dogs, and you can begin to glimpse this alternate universe: a mini-world above our world. This is the world in which Fisher fell ill, and it’s a place that fascinates me.Think about it: All aspects of human existence occur in the air. Illness, birth and death, fear and anger, compassion and embarrassment, boredom and heroism. It all goes down up in the clouds. People fall in love with their seatbelts fastened low and tight across their laps, and each year, a few even get married mid-flight. And because airplanes–like jury rooms or elevators or other circumscribed spaces–are difficult to escape at will, they provide a unique window on human interdynamics. In short, how we behave in flight reveals so much about human nature.“One of the things that we always talk about in the research on social groups is that you always have the option to leave,” Craig David Parks, a professor of psychology at Washington State University, told me when I mentioned my airplane-as-ultimate-laboratory idea. On a plane, “you’re forced to be part of this group until the plane comes down. You lose the choice that you have in every other social group that I can think of.” Looking back on 2016, there is evidence that this lack of choice can act as a magnifier, revealing our true selves. Below, a few things the year taught us at 35,000 feet:Lesson #1: Be Kind (Kindness is Everything)Instructor: Flight attendant Kelly Davis KarasIn June, after a mass shooting at an LGBTQ nightclub left 49 people dead in Orlando, Karas – who works for JetBlue–discovered that the grandmother of one of the victims was traveling alone on a Florida-bound flight. She greeted the woman, who was grieving the loss of her 20-year-old grandson, Luis Omar Ocasio-Capo. Karas gave the grieving grandma a blanket, a pillow, and a box of tissues, and helped her get settled. Then she had an idea. Karas and her colleagues spread the word among the other passengers and provided paper for them to write messages of support. Pages and pages were given to the woman. Towards the end of the flight, Karas went on the intercom to ask for a moment of silence in honor of Ocasio-Capo. When the plane landed and people started to deplane, every single passenger stopped at the woman’s seat to offer condolences. According to Karas’ post on Facebook, “Some just said they were sorry, some touched her hand, some hugged her, some cried with her. But every single person stopped to speak to her, and not a single person was impatient at the slower deplaning process.” Her takeaway: “In spite of a few hateful, broken human beings in this world who can all too easily legally get their hands on mass assault weapons – people ARE kind. People DO care.”Lesson #2: Honor Your Beliefs (But Don’t Impose Them on Others)Instructors: Former NFL star Tim Tebow and retired lawyer Renee RabinowitzThat same month, on a Delta flight from Atlanta to Phoenix, an older man who was traveling with his family went into cardiac arrest. The passengers swung into action, starting chest compressions, trying to revive him. The man was still unconscious when Tebow got up from his seat, joined the family, and proceeded to lead the entire section of the plane in prayer. According to a passenger, after Tebow “made a stand for God in a difficult situation,” the man’s heart started beating again. Whether or not you believe in miracles, Tebow’s faith provided comfort in a terrifying moment.Another expression of deeply felt belief, however, resulted in a lawsuit filed in February that charges El Al Airlines with gender discrimination. Rabinowitz, an 81-year-old grandmother who walks with a cane because of bad knees, alleged that she was asked to move seats after a man in Hasidic garb alerted the crew he did not want to sit next to her (under the strictest interpretation of Jewish law, even inadvertent contact with the opposite sex is verboten). “I felt minimized,” she told the New York Times. Her takeaway: People who follow ultra-Orthodox practices are “wonderful, as long as they don’t tell me what to do.”Lesson #3: Don’t Act Ugly (and Underreact)Instructor: Ivanka TrumpThree days before Christmas, the eldest daughter of the president-elect, along with her husband Jared Kushner and their three kids, boarded a JetBlue flight in New York City headed to Palm Beach. They were spotted by Dan Goldstein, a Brooklyn attorney who was flying with his husband, Michael Lasner, and their young son. Lasner soon tweeted: “Ivanka and Jared at JFK T5, flying commercial. My husband chasing them down to harass them. #banalityofevil.” What happened next is in dispute. TMZ reported that Goldstein yelled at Trump, “Your father is ruining this country!” But another passenger told Buzzfeed the man didn’t yell or accost her directly, but was shaking and upset as he remarked, “They ruin the country now they ruin our flight!” Either way, after Trump tried to diffuse the situation, distracting her children with crayons and telling the flight crew, “I don’t want to make this a thing,” Goldstein and Lasner and their son were asked to leave the plane and were booked on the next flight out.The takeaway: Politics aside, it’s bad form to go after a family on vacation. Agree to disagree, but leave the kids out of it. Trump’s calm reaction was the opposite of haughty or entitled. It was something not often associated with her dad: Classy. The airline did the right thing.Lesson #4: Don’t Get Crazy Drunk in the Air (Duh)Instructors: Lamar Odom and Selma BlairBlair was on a flight from Cancun to L.A. when she mixed wine and some form of medication and started to cry and express fear of an unnamed male she was certain would do her harm. “He burns my private parts,” she told anyone who would listen. “He won’t let me eat or drink. He beats me. He’s going to kill me.” She was carried off the plane on a stretcher. For his part, Odom ingested way too much whiskey and beer in the Delta lounge at LAX before boarding a flight. The former NBA player began vomiting before the plane got to the runway. Reportedly, in making his way to the restroom, he used other passengers’ heads to steady himself. He, too, was removed. The only takeaway: Keep intoxicants on land, or imbibe in moderation.Lesson #5: Compromise When Possible (It Often Pays Off)Instructor: JetBlue AirwaysJetBlue, whose motto is “bringing humanity back to air travel,” has encouraged its executives to think a bit about this, and that’s led recently to several pretty fascinating attempts on the airline’s part to explore the sociology of flying. Officially, these efforts are part of JetBlue’s viral marketing campaign, such as seven videos on flight etiquette, in which actors depict passengers’ worst behavior (manspreading, oversharing, smelly-food-eating) with hilarious results. But a few months ago, JetBlue released a short film called “Reach Across the Aisle” that – while of course designed to sell more tickets — transcended the commercial and veered boldly into the realm of social science.Here’s what they did: Passengers boarding a plane bound from Boston to Phoenix were greeted by a dashing emcee-like gentleman who took to the intercom and explained that he was there to conduct an experiment. “You’re part of something historic tonight,” he told them once the plane was in the air. “Everyone who’s willing to participate has a chance to win one round-trip ticket to anywhere JetBlue flies. But here’s the catch: the entire plane has to unanimously decide on that destination. You can only go one place.”The film was made public just after Supreme Court Justice Antonin Scalia’s death, when Republicans and Democrats were squabbling over whether or not President Obama should be able to appoint his successor. But it wasn’t tied to any one controversy; it was a riff on gridlock and dysfunction in general in Washington. “As a social experiment,” the emcee explains in the film, “we wanted to find out if real people on a JetBlue flight would have an easier time putting aside their differences and reaching across the aisle.”One hundred and fifty strangers had to come to agreement in about 90 minutes (JetBlue put a time limit on the negotiations). Sure, these people had an incentive: they wanted that free trip. But passengers told me the experience seemed driven by something more than that – by the embrace of a mutual challenge, and, yes, by the opportunity to show that they could be their best selves. “The unknown, from the very beginning, kind of created a situation–almost like a rite of passage–where it was okay to talk to your neighbor,” said Dr. Darlene Dumont, who was seated in 3A.You can watch what happened–lobbying, filibustering, horse-trading–below. Passenger Jen Marchi in 3C, a human resources consultant who was flying with a colleague, admitted that in the interest of coming to agreement, “I did threaten to not pay a bonus to the girl who works for me” if she didn’t vote with the majority. “Might have been out of bounds.”Convivial drinking (but not too much; see Lesson #4) also ensued. “I found out the next day that we sold three times as much alcohol on that flight as we normally sell,” said Jamie Perry, JetBlue’s vice president of brand and product development. “By the time the concept was finished, they all knew each other, and it became this party. If only every flight could be like that.”So what broader truth can we learn from all this? “The subtext is, basically, don’t be a jerk, right?” JetBlue’s Perry said, and while he was talking about life-on-a-plane, his words also apply to life-all-the-time. “I mean, you’re in a small space for a relatively long period. We all have to get on together and survive this together, so how about if we all just, you know, be nice to each other? It’s really not a hugely complicated message.”Amy Wallace is Editor-at-Large of Los Angeles magazine. She wrote: Moving Forward with Kindness. Previous articleThe Gold Line Is a Catastrophe Waiting to HappenNext articleTime Travel to 2019 and Experience the Crenshaw LineAmy Wallacelast_img read more

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Aggregates firm CRH lifts FTSE as oil drama goes on – London Report

first_img Tags: Company CRH FTSE 100 Express KCS whatsapp Irish building supplies groups CRH offset a drop in airlines after Ryanair warned on its profit outlook to push the FTSE index higher yesterday.Shares in CRH, one of the top gainers in the FTSE 100 index , rose 7.2 per cent after the company said it had agreed to pay €6.5bn (£4.9bn) for assets that Lafarge and Holcim need to sell to secure regulatory approval for their planned merger.CRH, the leading producer of asphalt for road building in the US, said the deal would expand its reach and make it the largest building supplier in central and eastern Europe.“CRH has a history of acquisition and successfully integrating businesses into its operations. This deal will be large, adding 26 percent to our expected sales figure for 2014,” Cantor Fitzgerald analyst Ian Osburn said.The FTSE 100 index closed up 33.15 points yesterday, or 0.5 per cent at 6,782.55 points, after closing 0.9 per cent lower on Friday.Budget airlines came under pressure after Ryanair, Europe’s largest airline by passenger numbers, said profit growth would be modest next year as low oil prices helped rivals step up competition.The low-cost carrier fell 6.1 per cent, despite again raising its profit forecast. It said it would benefit only slightly from lower jet fuel costs this year because it has hedged 90 per cent of its fuel needs at $92 per barrel up until March 2016.While Ryanair is not a FTSE 100 member, airlines EasyJet and IAG were the top fallers on the index, losing 6.4 per cent and 2.8 per cent, respectively.“Ryanair has always had particular difficulty hedging its oil. It’s very difficult to hedge when you’re not sure where the bottom is, but I think other airlines are in the same boat,” said Brenda Kelly at IG.Oil volatility hit energy stocks again in yesterday’s trading, with the sector up 3.3 per cent, following an eight per cent jump in oil on Friday on a record weekly drop in US oil drilling. They reversed an early fall to gain yesterday.Tullow Oil surged 9.3 per cent, set for its biggest rise since 2011 to become the top FTSE 100 gainer, but remains down more than 50 per cent since last June.Oil firm Afren closed nearly 90 per cent higher in strong volume after lenders agreed to defer a $50m amortisation payment by a month, saying it would also delay the payment of a $15m bond coupon by a month. Monday 2 February 2015 8:09 pmcenter_img whatsapp Show Comments ▼ Share Aggregates firm CRH lifts FTSE as oil drama goes on – London Report last_img read more

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Eurozone unemployment drops to three-year low

first_img Clara Guibourg Tuesday 1 September 2015 12:43 pm Show Comments ▼ Eurozone unemployment drops to three-year low Share Eurozone unemployment has fallen to a three-year low, surprising economists by dropping as low as 10.9 per cent in July.Unemployment figures were forecast to remain static at 11.1 per cent, but Eurozone recovery has given job growth a bigger push than expected, according to new figures released by statistics agency Eurostat today. Some 213,000 people came out of unemployment between June and July, although unemployment varies wildly between the 19 countries in the single-currency bloc.Greek unemployment remains at 25 per cent and Spain is not far behind at over 22 per cent. Meanwhile, Germany has the area’s lowest unemployment, at just 4.7 per cent.Still, both Greece and Spain have had some of the biggest drops in unemployment over the past year, suggesting recovery is underway.Dropping unemployment figures are a contrast to yesterday’s dull inflation figures, showing that Eurozone inflation, although holding steady at 0.2 per cent, remains well below the European Central Bank’s target of just under two per cent.   center_img whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom NationMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.com More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com Tags: employment and wages Eurozone UK jobslast_img read more

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Glass Lewis urges Bank of America shareholders to reject Moynihan as joint chairman and chief executive

first_imgThursday 3 September 2015 5:37 pm Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Tags: NULL whatsapp Madeline Ratcliffe Glass Lewis urges Bank of America shareholders to reject Moynihan as joint chairman and chief executive Bank of America shareholders should vote against a proposal allowing chief executive Brian Moynihan to remain chairman, proxy adviser Glass Lewis has said.In a report released on Wednesday, Glass Lewis said: “Vesting a single person with both executive and board leadership may concentrate too much responsibility in a single person.” “We do not believe the company has provided sufficient rationale that shareholders should ratify the board’s decision to repeal a hard-fought governance reform.”A special shareholder meeting has been scheduled for the 22 September to ratify a shareholder-backed bylaw, created in 2009, that requires an independent chairman.BoA’s board recombined the roles of chief executive and chairman without shareholder approval last October, saying the separation was no longer appropriate now the bank had recovered from losses after acquiring Merrill Lynch and Countrywide after the financial crisis.This comes ahead of the 30 September deadline for the bank to submit its revised capital plan to the Federal Reserve after only receiving a conditional pass in a stress test in March this year. Show Comments ▼ whatsapplast_img read more

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News / New supply chain risks emerge as production lines restart in China’s factories

first_img Most of China’s manufacturers are back online in some capacity, but new supply chain risks are emerging.Normal Global Logistics (NGL) estimates that, in the wake of the country’s coronavirus lockdown, 90% to 95% of factories have returned to operation in most provinces – except Hubei.“Several factories still have reduced production, due to a shortage of raw materials and labour,” said NGL, adding that larger factories had managed to get up and running much faster than smaller businesses.NGL Hong Kong MD Stefan Holmqvist told The Loadstar: “To shut down the supply chain was a relatively easy process in China, but to reverse it is a different story.” For example, he said, it meant new supply chain risks were emerging, such as the unstable supply of raw materials, a lack of skilled workers, logistics issues from sub-suppliers, pressure to produce quickly and increased scrutiny from government and regulatory agencies.“The lack of regular workers at some factories, and also at sub-vendors, has affected the quality and speed of production,” explained Mr Holmqvist.Furthermore, he added, there was increased credit risk among all parties along the supply chain, from manufacturers and buyers to logistics providers, which could lead to more quality issues.“Smaller and less capitalised companies in China are struggling to cope with simultaneous high demand for product and the lack of workers and logistics,” Mr Holmqvist said. “In practice, some firms may be tempted to find creative solutions to deliver; sub-contracting production to unqualified local vendors or tweaking specifications to increase output.”Financial fraud was an additional risk, added Mr Holmqvist, with large-scale remote working prompting increased activity by “fraudsters and scammers” trying to take advantage of the situation.“One of the new vulnerabilities is in remote work arrangements for millions of people supporting supply chains, involving price gouging and online scams and unjustified interruption of agreed payments or delivery of supplies.”For importers hoping to source goods from China, storage and transport issues remain. Mr Holmqvist said there was increased demand for bonded storage, since space and demand was now affected overseas.“Many importers and retailers are prioritising the transport of medical and urgent items, so many others have been put on hold,” he said.Airfreight capacity is still severely limited in China, with airlines still grounding up to 95% of their fleet. And, although more carriers are opting to turn passenger jets into makeshift freighters, demand is still “far outstripping” supply, said Mr Holmqvist, with rates continuing to surge.Container ports, railways and inland trucking operations are faring better, however, with NGL estimating capacity levels of 90% of pre-outbreak levels.Shipping lines have lifted surcharges on reefer shipments as port congestion eased, and even railfreight from Wuhan will, reportedly, resume this week after almost two months of suspension.The focus is now shifting to the demand-side consequences of the pandemic and resulting lockdowns in the west.“As the situation develops in overseas locations like the EU and the US, the speed of the recovery becomes more uncertain,” NGL said. By Sam Whelan 25/03/2020last_img read more

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News / UK mulls mandatory e-commerce delivery charge as road congestion increases

first_img The UK government is considering a tax on last-mile consumer deliveries as it seeks to tackle the rising traffic congestion caused by the e-commerce retail boom.A position paper by the Department for Transport’s scientific advisory committee (SAC) this month considers a range of methods and technologies that could improve the efficacy of last-mile deliveries, and a mandatory delivery charge is an option.“A mandatory charge, similar to that implemented to discourage plastic carrier bag use, could be applied to all consumer deliveries and returns to encourage consumers to recognise their true business, societal and environmental cost, and hence encourage more sustainable behaviour,” it says.It says it will need to consult both industry and consumers, but argues that some form of set delivery charge could lead to a reduction in consumer tendency to over-order online, especially given the reliance on free returns policies.“Explicitly passing the true cost of delivery and return to the customer could reduce unnecessary over-ordering,” says the report. “However, if this is done unilaterally it is likely to negatively impact the competitiveness of the business.”However, the paper also considers the feasibility of a range of technological developments that could improve last-mile efficiency – including drones, cargo bikes, electric vehicles and 3D printing.Drones are largely ruled out, due to potential security issues and potential congestion and “currently are unable to be deployed due to regulation restricting their use to ‘line of sight’ of the operator, although work is underway to explore potential solutions such as collision avoidance systems”. But it does suggest drones might work in rural areas.Cargo bikes were ruled out for rural areas, due to the longer distances involved. However, it does suggest progress could be made with the greater deployment of electric trucks or other zero-emissions vehicles.“In the future, electric or fuel-cell powered [light vans] could be used in cities, towns and, to some extent, larger rural areas if refuelling is available. However, there are still very few ultra-low-emission vans on the market and hydrogen refuelling stations are currently very scarce.“Delivery hubs could, in the future, have hydrogen refuelling stations installed to address this,” it suggests. By Gavin van Marle 30/06/2020 ID 115217630 © Felix Pergande | Dreamstime.comlast_img read more

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Laois LGFA club to host Australian ladies team next week

first_imgHome Sport GAA Laois LGFA club to host Australian ladies team next week SportGAALadies Football Twitter Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ TAGSSt Brigid’s RELATED ARTICLESMORE FROM AUTHOR Pinterest Community New Arles road opens but disquiet over who was invited to official opening By Siun Lennon – 4th January 2019 Facebook Facebook Pinterest Previous articleDeaths in Laois – Friday, January 4, 2019Next articleIn Pictures: Ballacolla New Year’s Day Walk and Vintage Run a huge success Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. WhatsApp Council Laois secondary school announces scholarship winners for new academic year Twitter WhatsApp Huge excitement and anticipation is building in one Laois club as they get set to host an Australian LGFA team next week.a group of Australian girls on a European tour who will be hosted by our club and will also play a match. Details are below.St Brigid’s LGFC will host Wanderers Australia on Monday, January 7 as part of the Wanderers’ European tour.St Brigid’s will welcome the girls from all over Australia, between the ages of 14-17 to stay with families in the area for the night, after playing a match against St. Brigid’s minor team and enjoying some food and entertainment in the evening.Wanderers Australia will have played and stayed in Glanmire in Cork the day before and will travel to play a club in Dublin on Tuesday before heading to the UK.The LGFA invited St Brigid’s to take part in this exciting opportunity and they were only delighted to get involved.St Brigid’s PRO Maeve Phelan spoke about the excitement surrounding the Ballylinan area with the new arrivals expected in Laois.“There’s a squad of 30 or 40 expected to come over with many families hosting two girls each,” explained Maeve.Phelan also said that the events on the day will conclude with food and music in Murphy’s Bar, Ballylinan.The game kicks off on Monday, January 7 at 2.30pm.SEE ALSO – 19 Laois people to watch out for in 2019 Laois LGFA club to host Australian ladies team next week Community last_img read more

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Meet the Laois man all set to compete in the Champions League in North Macedonia this weekend

first_img Meet the Laois man all set to compete in the Champions League in North Macedonia this weekend Twitter Images: Eamon Scott (www.strikeronline.ie) A Laois soccer player is set to represent a Dublin club in the UEFA Futsal Champions League in North Macedonia this weekend.Mateusz Cwienk will line out for Blue Magic FC, the current FAI Futsal Champions.The Portlaoise AFC goalkeeper is currently getting ready to face Shkupi FC of Skojpe, which is in North Macedonia, on Sunday.Futsal is a form of soccer which is played on a hard court, smaller than a football pitch, and mainly indoors. It has similarities to five-a-side.Futsal is played between two teams of five players each, one of whom is the goalkeeper. Unlimited substitutions are permitted.Unlike some other forms of indoor soccer, the game is played on a hard court surface delimited by lines with walls or boards not used.Futsal is also played with a smaller, harder, low-bounce ball meaning that the surface, ball and rules together favour ball control and passing in small spaces.According to UEFA, the game’s “emphasis is on improvisation, creativity and technique”.The competition is played on a straight knock-out basis with the winners of this game advancing to the last 32 which includes the likes of Inter Milan, Benfica and holders Barcelona.Mateusz flew out to Macedonia on Tuesday and he explained how he managed to get involved with the Dublin side.He said: “I had been playing in different futsal tournaments around the country with my friends – a group of us from Portlaoise.“A lot of the tournaments are organised by Blue Magic and I would’ve come into contact with them through that.“They had asked me to join a few times but travelling to Dublin to train just didn’t appeal to me. But then they asked me to join after they won the league and had this Champions League game coming up – so I did.“I really enjoy it because it is very different to regular football and it allows me to play with Portlaoise AFC too because they are different codes.“I actually think that futsal will become increasingly popular in Ireland because of the weather we have here. Games get called off routinely here because of waterlogged pitches which obviously isn’t a factor in futsal.”Mateusz is originally from Poland and has played professionally in his native country as well as Germany.He said: “I came to Ireland eight or nine years ago and I played for the U-15 team in Portlaoise.“But I only stayed here for a year and then I got a contract to move to a soccer academy back in Poland.“I spent two years there before playing professionally in Poland and then in Germany before coming back to Portlaoise about five years ago.“I started off with the second team when I came back before Ger Dunne, who was the manager at the time, moved me up to the first time where I have stayed more or less since.”Image: Eamon Scott (www.strikeronline.ie)This competition is considered an elite competition but Mateusz and his teammates will have to quarantine when they return to Ireland due to Covid-19 regulations.He said: “I will have to quarantine when I return and right now, myself and the team, are in an isolation bubble under the care of the Macedonian Soccer Federation.“The organised the bus from Sofia in Bulgaria to Skopje and we are mainly staying in the hotel.“Training is there too and then the game will be completely behind closed doors so everything is being made as safe as possible.”Blue Magic Dublin face Shkupi FC at 5.45pm Irish time on Sunday November 29.Image: Eamon Scott (www.strikeronline.ie)Image: Eamon Scott (www.strikeronline.ie)SEE ALSO – Young Laois boy ‘excited’ ahead of Late Late Toy Show appearance Pinterest Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Pinterest Facebook WhatsApp Previous articlePrestigious racing award for Laois trainer following remarkable 2020Next articleLaoisToday Podcast: PJ and Niamh Kavanagh on managing a family pub through a global pandemic Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. TAGSBlue MagicChampionship LeagueFutsalMacedoniaMateusz Cwienk RELATED ARTICLESMORE FROM AUTHOR Twitter By Alan Hartnett – 27th November 2020 WhatsApp Home Sport Soccer Meet the Laois man all set to compete in the Champions League… SportSoccer Electric Picnic Electric Picnic Electric Picnic organisers release statement following confirmation of new festival date Electric Picnic Electric Picnic apply to Laois County Council for new date for this year’s festivallast_img read more

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Should there be a work-from-home tax?

first_img CERB payments went to workers hit hard by lockdowns: StatsCan Associated Press Folder tab with the word tax olivier26/123RF Share this article and your comments with peers on social media Keywords Coronavirus,  Taxes Related news White collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren’t getting the same advantages, experts at Deutsche Bank said in a new report.In its report on how to rebuild the economy after COVID-19, the bank proposed a 5% daily tax on each employee that continues to work from home, which could raise tens of billions of dollars for governments. The money could be used to help lower income workers who have taken on greater risk because their jobs can’t be done remotely, it said. The bank noted that the global pandemic has turbocharged the shift to remote work, a trend that looks set to last for the long term with many workers expecting to spend at least a few days of their work week at home even after the pandemic ends.These workers benefit from more convenience and flexibility. They also save money directly because they don’t have to pay for commuting costs, takeout lunches, or buying and dry cleaning work clothes – but it means those businesses that have grown up to support officer workers won’t be able to recover and “the economic malaise will be extended,” the report said.While it doesn’t make sense for the government to support, say, a downtown sandwich shop if it doesn’t have any more customers from nearby office towers, “it does make sense to support the mass of people who have been suddenly displaced by forces outside their control,” the bank said. “From a personal and economic point of view, it makes sense that these people should be given a helping hand.”The tax would amount to just over $10 a day, assuming the average salary of an American working from home is $55,000. That’s roughly the amount the worker might spend on commuting, lunch and laundry, which would leave them no worse off than going into the office, the report said. It could raise up to $48 billion in the U.S. Deutsche Bank carried out similar calculations for Germany and the U.K.But the proposals faced heavy skepticism.Andrew Hunter, co-founder of job search engine Adzuna.co.uk said the idea was misguided and predicted it would be incredibly unpopular.“It punishes progressive companies and those with kids or caring responsibilities, who were responsible during the pandemic, who are already taking on more costs and helping the environment by staying at home,” said Hunter. “Let’s be honest, there are many better ways to raise taxes!” A deadly first wave, followed by a tsunami of excess deaths Facebook LinkedIn Twitter Ontario unlikely to balance budget by 2030: FAOlast_img read more

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