This Ukip MEP wants us to take back control of our pints after Brexit

whatsapp Read This Next20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourMore People Now Use YouTube Than Facebook or Instagram – What Happened?The WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?Vegamour’Infinite’ Film Review: Mark Wahlberg Action-Thriller Overspends andThe WrapThis Is How Often You Should Cut Your HairVegamourHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap Share Forget immigration, trade deals and passporting, there’s a more important task at hand.One Ukip MEP has called for the crown mark on pint glasses to be reinstated now that Britain is leaving Europe – although, they never truly went away. “All drinkers remember the crown mark, knowing that it guaranteed them a full pint, indeed there are still some around,” said Bill Etheridge an MP in the European Parliament for West Midlands, local councillor and member of the Campaign for Real Ale (Camra), according to Press Association.”Reintroduced gradually, as replacements, they are not a throwback to a nostalgic era, but a move to put us back in control of the production and specifications of our own pint.”Doing no favours for Brexit supporters trying to defend themselves against claims they want to turn back the clock, there. What’s next? Starburst to be renamed Opal Fruits?But, he said it was just one example of “returning to our own system of British standards as we unravel ourselves from EU red tape”.A change in 2007 as a result of an EU directive meant the crown was ditched as an official mark of a pint in favour of a CE mark (that’s the Conformite Europeenne mark) that denotes conformity across the region.Glasses already with the crown stamp before this date can be kept in circulation while the ;oll-a-like crown symbol can actually also be used in conjunction with the CE. Lynsey Barber Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoPost FunCops Called To Investigate Smell From Abandoned House Didn’t Expect To Find ThisPost FunUndoGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveUndoFactableTragic Reason She Was Drugged For ‘Wizard Of Oz’FactableUndo Sunday 8 January 2017 1:10 pm whatsapp This Ukip MEP wants us to take back control of our pints after Brexit read more

Insurance discount rate debate: A fundamentally flawed decision that could cost the sector billions

Thousands of people every year suffer the kind of tragic injuries that mean they will spend the rest of their life receiving medical treatment and care. No amount of financial compensation can make up for that but insurance is there to help people get their lives back on track. The real difference this makes to injured people is one of the things that makes me proud to work for the industry I do.Read more: Whiplash reform: Liz Truss gets tough on “rampant compensation culture”Take Ben, a 25-year-old sales executive from Lincolnshire who is disabled due to a road traffic accident and cannot work again. He has a degree qualification and it is determined he would have earned £30,000 a year until retirement at 65. Care for the rest of his life is determined to cost £80,000 per year.Ben has two choices. One option is that he can ask his insurer to invest his damages via a Periodical Payment Order (PPO). Alternatively, he can take a lump sum and ask an independent financial adviser (IFA) to invest it, to produce a return. At the current discount rate of 2.5 per cent, Ben can expect total damages of around £3.2m. If the rate is slashed to minus one per cent, Ben’s total lump sum damages suddenly almost treble to around £8.3m. But if Ben’s IFA, through cautious investment, in fact receives a one per cent rate of return on that sum, Ben is effectively receiving £88,821 more per annum than he should.Some might say Ben getting more compensation to compensate him for his injuries is a good thing but it is important to ask who will ultimately be footing the bill? Well, that would be you. And me. And the other 36 million motor policyholders in the UK. The greatest cost increases are likely to be borne by those “just about managing” and those who already pay the highest premiums because of the greater risk they represent, such as younger and much older drivers.NHS All of a sudden, this threatens to become a multi-billion pound problem for everyone and will likely hit the pocket of every person in the UK. whatsapp Insurance discount rate debate: A fundamentally flawed decision that could cost the sector billions No one can dispute the right of someone seriously injured in an accident to receive compensation.Where claimants choose to take a lump sum, arriving at the right figure is no easy task as it needs to take into account the long-term cost of care and loss of earnings, among other things. A key component is taking into account how much claimants may earn over time when their lump sum compensation is invested. This adjustment is called the discount rate and, since 2001, it has been set at 2.5 per cent. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDo It HousesThese Celebrities Turned Heads With Their Red Carpet LooksDo It Housesillusion.funUse These Warnings From Nature To Avoid Emergencies Or Disastersillusion.funTactWatchHere’s The Smartwatch Every Man in Our Country Has Been Waiting For!TactWatchDental Implants Services | Search AdsThe prices of dental implants in Scottsdale could really surprise youDental Implants Services | Search AdsSoo Magazine23 Hairstyles That Will Make You Look YoungerSoo MagazineHabit TribeWe Ranked These Beautiful Women – Who Is Number 1?Habit TribeEnanow12 Make-up Mistakes You Should AvoidEnanowhttps://alldelish.comWhat Happens If You Eat 4 Almonds A Dayhttps://alldelish.comCrowdy FanCelebs And Their Younger Selves, Side By SideCrowdy Fan Many businesses buy motor and liability insurance and this will drive up costs at a time of uncertainty in the economy. Some, like bus companies or road hauliers, will be particularly affected. This is not only due to the significant risk they present but because, given the smaller number of insurers selling this insurance, any changes in their appetite for business could have a greater impact on capacity in the market.Read more: Insurance premium tax has been hiked… againThe ball is now firmly in the Lord Chancellor’s court. As an industry, we are committed to providing fair compensation to those who need it, but the system needs to work fairly for everyone.We continue to call on the Ministry of Justice to set a fair rate; one that works for both the victims of life-changing injuries and those insurance premium payers who will ultimately be footing the bill. In December, after the threat of being judicially reviewed by the Association of Personal Injury Lawyers, the Lord Chancellor, Liz Truss, suddenly announced plans to review the discount rate.Read more: Ageas stumped by UK malaiseWe took the Lord Chancellor to court and, despite the many shortcomings in the process to date, our attempt to prevent her announcing the outcomes of her review without concluding earlier consultations was rejected.Unintended consequencesAs we approach the point of her decision, let’s be in no doubt: this decision by the Lord Chancellor risks being fundamentally flawed. Share whatsapp But it isn’t just about motor insurance. Changes to the discount rate will slam other struggling public sector bodies like the NHS, as well as the Ministry of Defence with skyrocketing bills. With clinical negligence claims costing the NHS in England over £1.5bn last year, a change in the discount rate at a time when NHS budgets are already under extreme pressure will have a very serious impact. A significant downward change in the discount rate will have unintended knock-on effects across the board, so it is vital for every person in the UK to be aware of this; not just those paying motor insurance. James Dalton Wednesday 22 February 2017 6:24 am More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com read more

Central bankers warn of recession risk from ‘debt trap’ to global economy

Sunday 24 June 2018 9:44 am However, while growth recovered, the BIS warned that time is running out on addressing the vulnerabilities that have developed in the years of relatively strong global growth.The turning business cycle has “seeds of risk, including recessions”, Carstens said. “There are signs of financial cycle-related imbalances in countries little affected by the crisis, following years of private credit growth.”The BIS warning comes amid a period of strong growth in the global economy, with other international bodies such as the International Monetary Fund and the Organisation for Economic Cooperation and Development predicting further years of global economic growth.However, the length of the current expansion and building “complacency” in financial markets could make any “subsequent adjustment more painful”, the BIS added.Meanwhile, both central banks and governments are constrained in how they can respond to new crises, with interest rates still at or near historic lows and public sector debt loads uncomfortably high for some states to borrow significantly more. whatsapp The global economy risks falling into a “debt trap” in developed markets and particularly in China, according to a warning issued today by an influential central banking body.The Bank for International Settlements (BIS) said nations must tread a “narrow path” to avert disaster in the next slowdown, in its annual report on the state of the world economy. Central bankers warn of recession risk from ‘debt trap’ to global economy Jasper Jolly The imbalances in China are particularly notable, the BIS report found, although it added that authorities in the world’s second-largest economy are taking steps to “rein in some of the more serious financial excesses.”The People’s Bank of China, the country’s central bank, today announced separately a cut to the required reserve ratio for banks, in what economists interpreted as a bid to encourage banks to swap debt for equity as it tries to encourage lower debts.The debt pile could be dangerous because rising interest rates will increase the costs of servicing debt, potentially “threatening the expansion”, the BIS said. Total global debt had risen to more than 300 per cent of global GDP by the end of 2017, according to BIS figures, significantly higher than before the financial crisis.Agustin Carstens, the general manager of the BIS, said that the easy monetary policy since the financial crisis “has left a legacy of swollen private and public sector balance sheets and higher debts – a legacy that shapes the road ahead.”Central banks slashed interest rates and resorted to unorthodox measures such as bond buying in response to the global financial crisis a decade ago, in a desperate effort to stimulate investment. Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likeanymuscle.com15 Cancer Symptoms Men Ignoreanymuscle.comEveryDayMonkeya Teddy Bear With Mum’s Last Message Went Missing, the Whole Internet Came to RescueEveryDayMonkeyEveryday WellnessWhat Happens To Your Body When You Eat Two Bananas A DayEveryday Wellnessplnk.toNobody Told Me! – top ranked self-help/entrepreneurship podcastplnk.toBuzzdaily WinnersSlot Machines Can Be Easy To Win (But Only If You Know This)Buzzdaily WinnersFree HubSuperfoods That Are Great For Your HeartFree HubThe Sports DropNetflix Cancellations & Renewals Effective ImmediatelyThe Sports DropAnyMuscle9 early warning signs and symptoms of diabetesAnyMuscleweniix.comLook The Future of Carsweniix.com read more

Donald Trump’s July 2018 UK visit: Yes, he’s going to meet the Queen, eat at Blenheim Palace, check out Chequers and visit Scotland

Friday 6 July 2018 2:23 pm But before he flies off into the sunset, Trump will be meeting the Queen at Windsor Castle, making him the 12th US President to do so during her 66 years on the throne. She is said to have been a big fan of Trump’s predecessor Barack Obama, so it’s not clear how he will win HRH over. Perhaps they will discuss the manners of Chinese officials.The Trumps will then head to Scotland where they will spend the weekend, while the UK will spend £5m on the pleasure. Donald Trump’s July 2018 UK visit: Yes, he’s going to meet the Queen, eat at Blenheim Palace, check out Chequers and visit Scotland whatsapp Alongside the Prime Minister guests are said to include Sir Jim Ratcliffe, founder of Ineos, Larry Fink, head of BlackRock, and Alex Gorsky, chief executive of Johnson & Johnson.It is thought that neither London mayor Sadiq Khan nor former First Minister of Scotland Alex Salmond are thought to be on the guest list.Those who are will be treated to a military ceremony performed by the bands of the Scots, Irish and Welsh Guards. The bands will play the Liberty Fanfare, Amazing Grace, and the National Emblem. During dinner, the Countess of Wessex’s Orchestra will perform “a series of classic British and American hits”.The next day, Trump will be shown “a demonstration of the UK’s cutting edge military capabilities” – perhaps as this sort of thing seems to win him over – and he will travel with May to Chequers for “substantive bilateral talks on a range of foreign policy issues”, thought to include the US’ unilateral decision to impose tariffs on the EU and other allies. No doubt May is eager to return to the site of her most recent Cabinet ding-dong.Russia is also likely to come up in conversation, not least because Trump is due to meet President Vladimir Putin for their first official summit in Helsinki. Catherine Neilan 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp Practice your golf swing and dust off your giant angry baby balloon: Donald Trump is coming to town.The US President is arriving on Thursday afternoon (12 July), but instead of coming to London for one of the many protests in his honour, Trump and First Lady Melania will travel to Winston Churchill’s birthplace Blenheim Palace for a black tie dinner with around 150 business leaders, hosted by Theresa May. Share read more

Head of EBRD faces calls for investigation over director dossier

first_imgRead more: Turkish authorities believe Saudi critic was murdered in Istanbul consulateChakrabarti declined to comment to Reuters, and the EBRD’s communications chief refused to comment on the authenticity of the documents.The EBRD, based in London, was launched in 1991 with the aim of helping the Eastern Bloc transition to capitalism after the Cold War ended, but had since expanded into the Middle East and North Africa.It is owned by 67 governments, who are represented on its board of directors, and invests around €10bn (£8.87bn) a year. whatsapp whatsapp Sunday 7 October 2018 1:04 pm More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Head of EBRD faces calls for investigation over director dossier The representatives of several member states have called for the president of the European Bank for Reconstruction and Development to face investigation, over claims the international lender broke rules by gathering information on some of its own directors.center_img Louis Ashworth Several members of the EBRD’s board complained about president Suma Chakrabarti’s conduct to its chief compliance officer in May, Reuters reported.Read more: Lloyd’s boss ‘accelerates’ Brussels operation amid no-deal fears“The President and ExCom (executive committee) members would seem to have put a repeated practice in place which involves collecting sensitive and personal information on Board Members,” said the complaint, a copy of which was seen by Reuters.Sources said an investigation had been opened. The letter was sent after board members allegedly received documents in early May, which contained copies of conversations between the president and executive committee, and excerpts from bank reports which contained personal information.The letter described the language used in parts of the documents as “rude, unethical and derogatory”. Share Tags: Trading Archivelast_img read more

Government shutdown wipes billions off US economy

first_imgMonday 28 January 2019 4:25 pm whatsapp The five-week shutdown of the US Government knocked $8bn (£6.08bn) off America’s gross domestic product (GDP) in the first quarter of this year.The Congressional Budget Office (CBO) – the US spending watchdog – said $3bn was also wiped off GDP in the fourth quarter of last year due to reduced economic activity during to the shutdown, which was sparked by a row over funding for Trumps $5.7bn border wall. Share Read more: Shutdown back down: Trump faces backlash from conservatives as government reopens without border wall fundingMost of the GDP that was lost during the partial government closure, which ran from 22 December 2018 to 25 January this year, will be recovered but the CBO estimated that around $3bn will not be recouped.The level of GDP for the full calendar year is expected to be 0.02 per cent smaller than it would have been had the shutdown not occurred.“In CBO’s estimation,” the report said, “the shutdown dampened economic activity mainly because of the loss of furloughed workers’ contribution to GDP, the delay in federal spending on goods and services, and the reduction in aggregate demand (which thereby dampened private-sector activity).”Thousands of federal employees were ordered back to work without pay during the 35-day impasse over the border wall funding, which Trump eventually failed to secure. Read more: Trump orders thousands of employees back to work during government shutdownThe report added: “Underlying those effects on the overall economy are much more significant effects on individual businesses and workers.“Among those who experienced the largest and most direct negative effects are federal workers who faced delayed compensation and private-sector entities that lost business. Some of those private-sector entities will never recoup that lost income.” center_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp Jessica Clark Government shutdown wipes billions off US economy Tags: Trading Archivelast_img read more

The Conservative party needs to rediscover its economic way

first_img Though much mocked for its repetition, the plan was more than just a catchphrase. From deficit reduction and tax cuts to welfare reform and immigration control, it was underpinned by meaningful policy.The Conservatives have not developed a clear economic platform since.Brexit is partly to blame, exemplified by the way this year’s Spring Statement on Wednesday will be overshadowed by more meaningful Brexit votes. But the real cause is deeper. The Conservative party has lost its way on the economy.As a special adviser to both David Cameron and Theresa May, I watched as the economic plan was torn up, piece by piece. By the 2017 General Election, the party had no coherent economic message at all.Since that disastrous campaign, the government has clarified its broad fiscal policy. City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. whatsapp More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org The Prime Minister and chancellor’s “balanced approach” of keeping debt falling and increasing public spending gives a clear anchor ahead of the next spending review. It also provides an important dividing line with a potential Labour government: debt down under the Conservatives, up under Jeremy Corbyn.But there are two other big areas where the Conservatives need urgent clarity: tax and economic growth.Long-promised cuts to corporation tax and increases in the personal allowance are now close to being delivered.So what comes next?After years of spending cuts, and with the country facing the rising costs of an ageing population, there is little scope for further large tax cuts given borrowing targets. But the 2017 election showed that if the Conservatives want to be seen as the low tax party, they must back up that assertion with specific measures. whatsapp The Conservative party needs to rediscover its economic way Share For most people, the Conservative’s 2015 “long-term economic plan” is now a distant memory.But as someone who was deeply immersed in that election campaign, I still sometimes wake up at night reciting its contents. Tuesday 12 March 2019 8:35 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePost FunRare Photos Show Us Who Meghan Markle Really IsPost FunLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorThe Legacy ReportMan Who Predicted 2020 Crash Says “Now Is The Time”The Legacy ReportNational Injury BureauJury Finds Roundup Responsible For Lymphoma | Bayer To Pay $10 BillionNational Injury BureauMagellan TimesIf You See A Red Ball On A Power Line, Here’s What It MeansMagellan TimesFactablePut Baking Soda Around The Base Of A Tomato Plant, Here’s WhyFactable Richard Chew After the referendum, there was a deliberate effort to reduce the importance of the Treasury by giving the rebadged Department for Business, Energy and Industrial Strategy an enhanced role.Whatever the merits of this idea, Number 10 now lacks the political capital to shift more power away from the Treasury. This leaves the government in a position where the Treasury – still Whitehall’s most powerful department – has limited engagement with or interest in the government’s headline growth plan.There is much good in the industrial strategy, including the government taking a greater role in identifying the sectors where the UK is likely to succeed and consciously supporting them. But without the Treasury’s backing, the strategy will not fulfil its potential.The government needs to reboot the agenda with the Treasury taking the lead role. This should include a return to the Osborne-era support for city regions outside London and the south east.Clarifying economic policy in these areas isn’t just good economics, it is good politics too.The thought of an election before 2022 no doubt terrifies Conservative MPs. But given the parliamentary arithmetic and Brexit difficulties, another election remains a strong possibility.Labour enters it with a very clear economic message: masking a radical agenda with platitudes about asking those at the top to pay a bit more tax with no rises for the rest, investing in left-behind regions, and taking on a rigged system.The Conservatives urgently need a clear economic agenda to counter that threat. Falling debt, more money for public services, low taxes, and a proper growth strategy could provide its building blocks. Opinion One idea might be to put an overall limit on the tax take. Australia has a “tax speed limit”, a ceiling for tax as a percentage of GDP. The UK’s fiscal rules cover a number of borrowing measures; they could include tax too.This would tie the government’s hands in some ways, but low taxes should be for life – not just Christmas and elections. This would also draw another political dividing line, with Corbyn’s tax hikes putting him above the speed limit.An overall commitment to low taxes could be further bolstered with a specific tax cut. Increases to the personal allowance mean that people will soon be able to earn £12,500 a year without paying income tax. But National Insurance contributions still kick in for employees earning £162 a week, or under £8,500 a year.A modest increase to that threshold would be a broad-based, progressive tax reduction, which would disproportionately help those earning the least.The second big challenge is how to boost growth. Higher productivity growth means higher wages and healthier public finances. Yet sadly, the government’s pro-growth policy currently falls between two stools. Tags: Brexit David Cameron Jeremy Corbyn People Tax Theresa Maylast_img read more

The Notre Dame tragedy shows how much we value art and culture – we must protect other monuments

first_img Tags: Trading Archive Officials say that the main structure, the two bell towers, and many precious artworks have been saved. But this has not stopped the outpouring of grief from across the globe.Read more: Fire at Notre-Dame cathedralThousands of people gathered in the streets around the cathedral, observing the flames in silence. Some could be seen openly weeping. Social media exploded with posts about how the cathedral and the artworks it contained were valuable to people all over the world.President Emmanuel Macron was joined by businessmen in pledging to fund its refurbishment, and €600m (£520m) was raised in just one day.But this simply highlights how preventable this disaster was. 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!BleacherBreakerbonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyMisterStoryWoman files for divorce after seeing this photoMisterStory Opinion whatsapp The Notre Dame tragedy shows how much we value art and culture – we must protect other monuments City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Thursday 18 April 2019 10:56 amcenter_img The medieval cathedral of Notre Dame is the most visited monument in Europe, welcoming 14m visitors each year. The Gothic building has stood as one of France’s most famous landmarks for 850 years.And yet in a matter of hours, a fire wrought terrible damage to Notre Dame, causing the iconic spire and roof to collapse, and destroying the stained-glass windows. Marine Tanguy whatsapp Share Notre Dame has long been due for refurbishment, and last underwent major repairs over 150 years ago, only when Victor Hugo’s novel The Hunchback of Notre Dame brought the decay of the cathedral to the public’s attention.Hundreds of stones have been falling off it, prompting the decision to begin renovation work to ensure the integrity of the structure. The estimated costs were quoted at over €160m. The French government promised to cover €44m of this over 10 years, leaving a €116m black hole still to fill.Leading figures at the cathedral had been canvassing potential American donors to make up the rest of the money, while the Catholic Church has come under pressure to contribute. But again, this shines a light on a funding model that is unsustainable.Why does it take a tragedy of this scale to wake people up to the value of architecture and art? We should be proactive in preserving our iconic monuments, not reactive.Macron recently led a debate on the key topics that he must address in France, and not a single question included culture or the arts. This problem is not unique to France – London councils have seen their cultural funding halved in recent years. Contemporary research into funding finds that cities tend to focus on infrastructure and technology. A spokesperson from the urban consultancy Umbrellium recently said that “these two things make a city bearable, but they don’t make a city valuable”.The culture of a city gives it a story and identity and is essential in determining its success. If Europe’s most visited monument can’t secure funding until it is set ablaze, how much more architecture and art is at risk?Read more: Proceeds from Sotheby’s wine sale to be donated to Notre DameIn a society of speed, the Notre Dame fire has reminded us of the importance of history and culture. The emphasis is now on governments and businesses to find sustainable solutions to funding our cultural landmarks. And if not them, why not us?The reactions across social media show how much people value culture. If every one of those Instagram posts from art lovers could be monetised, Notre Dame would have all the funding it needs. last_img read more

Sterling hits new two-year low as no-deal Brexit risk jumps

first_imgTuesday 16 July 2019 6:45 pm Share whatsapp Sterling hits new two-year low as no-deal Brexit risk jumps The pound tumbled to fresh two-year lows against the dollar today after the two candidates to replace Theresa May pledged to abandon the controversial Northern Ireland backstop proposals, ramping up the chances of a no-deal Brexit. whatsapp Craig Erlam, senior market analyst at foreign exchange company Oanda, said: “Traders are finding it hard to look past no-deal risks or at the very least a delay and hard Brexit.” According to Sky News, Johnson would schedule a Queen’s Speech for the beginning of November. MPs are traditionally sent home for up to a fortnight before the speech, meaning they would not be in session to block a no-deal Brexit on 31 October.  Johnson and Hunt’s statements during a debate on Monday night were seen by traders as increasing the risk of a clash with Brussels and a turbulent no-deal outcome. Traders have been dumping sterling as the chances of a no-deal Brexit have risen in recent weeks. Johnson has said he will take Britain out of the EU on 31 October “come what may”. It was dragged down further by reports that Johnson, front-runner to become the next prime minister, is considering shutting down parliament at the end of October to stop MPs blocking a no-deal Brexit. Sterling had dropped 0.8 per cent against the greenback to $1.241 by 6.30pm UK time, even falling below the level reached in a so-called flash crash at the start of the year. It had fallen 0.4 per cent to a six-month low against the euro of €1.107.center_img Senior Remain-backing Tories are now openly flirting with the prospect of voting against the government in a confidence motion, something former attorney general Dominic Grieve said he would do “with a heavy heart.” Boris Johnson and Jeremy Hunt have both said they will ditch the backstop, a key part of May’s Brexit deal designed to stop a hard border returning to the island of Ireland, even if the EU proposed a time limit to it. Read more: Amber Rudd: I won’t lie down in front of bulldozers to stop no-deal Brexit by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleUnderstand Solar$0 Down Solar in Scottsdale. How Much Can You Save? Try Our Free Solar Calculator Now.Understand SolarZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search AdsDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funny Harry Robertson The pound has fallen one per cent against the dollar over the last month. This is despite it being a period of considerable dollar weakness caused by the US Federal Reserve’s hints that it will cut interest rates. Brexit-induced falls mean the pound has now been the worst performing currency against the dollar over the past year. Even yesterday’s release of better-than-expected wage growth figures could not arrest the pound’s fall. 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(Photo by Matt Frost/ITV via Getty Images) Investec chief economist Philip Shaw said the falling pound was “an indication that in terms of currency drivers, domestic fundamentals have once again begun to give way to Brexit issues”.last_img read more

Financial lobby group slams McDonnell’s planned financial transactions tax

first_img“Our industry is already the UK’s biggest taxpayer, paying £14 out of every £100 of UK tax revenue raised,” he said. ‘Bad for business’: Financial lobby group criticises McDonnell’s planned financial transactions tax Tags: John McDonnell Tax Share “A tax on financial transactions would be bad for business, bad for investors, bad for savers, and bad for the economy,” said Miles Celic, chief executive of Thecityuk. “It would ultimately raise everyday costs for hard working families and small businesses across the country. Savers would be hit and the value of their pensions and investments eroded,” Celic added. Read more: John McDonnell poised to back widening of UK financial transactions tax But the Financial Times reported yesterday that McDonnell is backing an extension of the proposals to cover foreign exchange and commodities transactions, as well as related derivatives trades. Under existing plans, the 0.5 per cent duty on share trading would be extended to other asset classes, which Labour says would raise £4.7bn per year. The proposals would seek to avoid capital flight by charging UK tax residents who trade the assets, but Celic said the UK’s financial industry would suffer were the tax to be introduced. whatsappcenter_img It was reported yesterday that McDonnell is set to extend Labour’s proposed transaction tax, potentially bringing in an extra £2.1bn for the government. whatsapp “Financial centres across the world consistently go to great lengths to attract financial and professional services business, and the jobs it supports, away from the UK. They recognise what a huge national asset it is. The UK is a world-leader in financial and related professional services, but our lead will not last long if we start booting balls into our own net,” Celic added. Anna Menin Main image credit: Getty McDonnell is set to attend an event discussing the proposed taxes in London tonight. Thursday 12 September 2019 1:02 pm Shadow Chancellor John McDonnell’s plans to extend the scope of Labour’s proposed financial transactions tax have come under criticism from the head of a City lobby group. last_img read more