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Police: ‘Serious concerns’ of violence at pro-Donald Trump and Tommy Robinson demonstrations

by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.commoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comPost FunDiana’s Butler Explains Why Harry Is With MeghanPost FunTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBetterBe20 Stunning Female AthletesBetterBe Scotland Yard has warned of its “serious concerns” that there could disorder at planned pro-Donald Trump and Tommy Robinson demonstrations in London today.The police have imposed conditions on the marches under the Public Order Act to “prevent serious disorder and disruption to Londoners”. More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp Share The pro-Trump marchers are meeting at Temple Place at 1pm before marching down the Embankment, along Northumberland Avenue and Whitehall Place to Whitehall where they will join the Tommy Robinson demonstration.The police have also applied conditions to a planned counter-demonstration opposing the Tommy Robinson rally in Whitehall.Participants must assemble in Parliament Street to the south of a police barrier across the road.The protest must start no earlier than noon and finish at or before 6.30pm.There is a separate counter-march organised by ‘Stand Up to Racism’ in Old Palace Yard which is not affected by these conditions. James Booth Chief Superintendent Elaine Van-Orden said: “We have such serious concerns about this event on Saturday, 14 July, that we have made the decision to impose conditions under the Public Order Act. We have a duty to ensure that the community can go about their daily business not unduly impacted by demonstrations taking place.”The police said they had decided to impose conditions after a previous ‘Free Tommy Robinson’ rally descended into violence.Police said five officers were injured in “serious violence” at the rally on 9 June after bottles, metal barriers and other objects were thrown at police officers.Former English Defence League leader Robinson, real name Stephen Yaxley-Lennon, was given a 13 month prison sentence in May for contempt of court after filming himself and others outside the trial of a child grooming gang in Leeds while making comments that could have prejudiced the case.”Our message is simple: if you wish to protest peacefully, that is your right and we want to work with you. If you commit criminal acts or breach the conditions of the event, you are liable to be arrested,” Van-Orden said. Yesterday thousands marched through Central London to protest against US President Trump who is on his first visit to the UK since being elected in 2016.Trump is currently in Scotland staying on his Turnberry golf course having met the Queen at Buckingham Palace yesterday. Saturday 14 July 2018 10:08 am Police: ‘Serious concerns’ of violence at pro-Donald Trump and Tommy Robinson demonstrations whatsapp read more

AA profits fall into a pothole as roadside repair firm blames Beast from the East

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse Coastmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comBetterBe20 Stunning Female AthletesBetterBeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldPost FunDiana’s Butler Explains Why Harry Is With MeghanPost FunRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest Wow whatsapp Joe Curtis Pre-tax profits fell 64 per cent year on year to £28m, with revenue growing just two per cent to £480m, fuelled by the AA’s roadside and insurance businesses.The Beast from the East caused more crashes among members, the AA said, leaving engineers with their work cut out for them.Earnings per share fell accordingly, down from 10.5p per share for the first half of last year to 3.8p for the six months ending July.However, the car insurer said its financial performance was in line with expectations, seeing cash conversion at £168m while it remains on track to achieve its full-year capex guidance of £105m.It also slashed its pension deficit by £154m to improve its balance sheet.Why it’s interesting Wednesday 26 September 2018 7:51 am Share  “In terms of its balance sheet, the refinancing which it has organised and the notable reduction in the pension deficit are positive, although net debt remains stubbornly high at some £2.7bn,” he said.”Another casualty of the recovery plan has been the dividend reduction which, whilst prudent, removes the incentive for investors who are not being paid to wait as the transformation unfolds.”As AA returns to profit, the difficult decisions which are currently being undertaken could well bear fruit. In the meantime, the stock remains one which for the moment provides more questions than answers.” AA profits fall into a pothole as roadside repair firm blames Beast from the East What analysts saidRichard Hunter, head of markets at Interactive Investor, said the results were proof of “slow but steady progress”.center_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com whatsapp The first half of the fiscal year has seen exceptional weather conditions, from extreme cold and snow in February and March to the hottest summer in recent memory, with the severe winter also creating a pothole epidemic on the UK’s roads.All this led to a 15 year high in the number of breakdowns we serviced. Against this backdrop, I am extremely proud of our achievements and to be reporting results in line with our guidance as we continue to build resilience throughout the business.We are making good operational progress across our roadside and insurance businesses and firmly believe that we have the people and strategy in place to unlock the full potential of the AA and crystallise long term value for our shareholders.   Bad weather sent AA profits crashing in the first half of 2018, the roadside recovery firm said today, sending its share price down over four per cent.The figures This year’s harsh winter left AA contending with plenty of potholes, leading to a 15-year high in the number of breakdowns it attended.But the business has struggled to grow at the same rate RAC has enjoyed, which upped revenue by £22m in the first half of the year compared to AA’s £9m.With roadside business retention down one per cent, and membership down two per cent, AA managed to hike up income from business customers by five per cent, renewing key customers like Jaguar Land Rover and Volkswagen and winning a three-year contract with Arval.Its insurance arm fared better, with motor policies growing seven per cent to 659,000, and the firm believes it will return to growth in the next financial year.What AA saidChief executive Simon Breakwell said: Tags: AA Companylast_img read more

Lloyd’s of London boss hints at ‘acceleration’ of Brussels operation as no-deal Brexit fears mount

first_img Lloyd’s of London boss hints at ‘acceleration’ of Brussels operation as no-deal Brexit fears mount More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp Tags: BBC Insurance Beale told the BBC that she was “accelerating” preparations to transfer contracts from the London insurance market to Brussels on the back of growing fears that “we might be closer to a no-deal than we were”.She said: “We will potentially lose the ability to pay any claims on old contracts…We want to confirm we can continue to service those contracts, and if we can’t we are going to be transferring contracts to our Brussels subsidiary.”Read more: Natural disasters slice Lloyd’s of London profits in halfLloyd’s confirmed last year that it would open a new operation in Brussels to secure a European foothold that would be ready to operate by the first day of 2019.Beale, who is set to be replaced by former QBE boss John Neale later this , also spoke this morning of the difficulties she faced in being open about her sexual identity as a bi-sexual woman in the City.“I got asked if I would be outspoken about it, and I decided to say yes. I know when I was secret about part of my life it impacted me at work… it can damage you and your productivity,” said Beale, the first woman to have run Lloyd’s in its 332-year history. whatsapp Sebastian McCarthy Share Sunday 7 October 2018 11:31 am Outgoing Lloyd’s of London boss Dame Inga Beale has said the insurance business is speeding up plans to bolster its Brussels subsidiary unit amid fears that Britain and the EU might not reach a post-Brexit trade deal.  last_img read more

Khashoggi’s body was dissolved in acid, says top Turkish adviser

first_img whatsapp Khashoggi’s body was dissolved in acid, says top Turkish adviser Friday 2 November 2018 3:25 pm Jamal Khashoggi’s body was dissolved in acid after being dismembered in Saudi Arabia’s Istanbul consulate, according to fresh claims made by a Turkish official earlier today.A top presidential adviser has said that he believes the act was the “only logical conclusion” to the killing of the former Saudi critic, who was murdered inside the Kingdom’s consulate early last month. The allegations are the latest to emerge following the Saudi admission a fortnight ago that Khashoggi was killed within the consulate, despite previously denying such allegations.Yasin Aktay, who advises president Recep Tayyp Erdoğan, told a Turkish paper: “We now see that it wasn’t just cut up; [the Saudi suspects] got rid of the body by dissolving it,”Aktay added: “According to the latest information we have, the reason they cut up the body is it was easier to dissolve it. They aimed to ensure no sign of the body was left…Killing an innocent person is one crime, the treatment and extent of what was done to the body is another crime and dishonour.”Such comments are likely to pile further pressure on the Saudi Kingdom, which has suffered a major backlash from businesses and politicians in the wake of Khashoggi’s death, with concerns that Saudi crown prince Mohammed Bin Salman’s inner team were directly linked to the Saudi reporter’s death.No forensic evidence has been provided to prove that the dissident journalist’s body was dissolved, and searches for the body in a forest near the consulate remain ongoing. More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp Share Sebastian McCarthy Tags: Trading Archivelast_img read more

Solar-energy giant Lightsource BP expands US business

first_img Share Jedidajah Otte Solar-energy giant Lightsource BP expands US business whatsapp Wednesday 7 November 2018 6:08 pm It is working with California’s Sacramento Municipal Utility District (SMUD) and Continental Divide Electric Cooperative (CDEC), a member-owned distribution cooperative in New Mexico, on the projects.The power purchase agreements (PPAs) will deliver locally-generated solar photovoltaic power to the utilities’ customers over a minimum of 20 years.Both projects will be completed in 2019, Lightsource BP boss Nick Boyle said.Katherine Ryzhaya, Lightsource BP’s US chief commercial officer, said: “Our solar solutions will drive local economic development and job growth, increase utility customer satisfaction, and provide a cleaner, healthier environment for their communities.”David Windle, BP head of solar energy, said, “The United States is an important market for renewables and for Lightsource BP, and this announcement demonstrates the real momentum we are building across the country. These new collaborations build upon BP’s track record in operating wind farms across the US and is another example of how we are advancing the global energy transition.” Lightsource BP, Europe’s biggest solar energy developer, has signed deals for two new solar projects in the US, the company announced today. The UK-based company, which specialises in the development, acquisition and long-term management of large-scale solar projects and smart energy solutions, will build the 16 megawatt (MW) Wildflower Solar plant in California and a 9 MW solar project in New Mexico. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA 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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Tags: Trading Archivelast_img read more

Hard Brexit risks ‘manageable’ says Irish central bank official

first_img The risks of a “cliff edge” Brexit to the stability of the Irish financial system are manageable and the majority of its “most significant” firms are already executing contingency plans, the Central Bank of Ireland deputy governor Ed Sibley said today.Sibley said: “I am satisfied that from a financial stability perspective the most material and immediate risks are now manageable. This is not to say that a hard Brexit will not be bumpy for the economy, and for the financial system. Indeed, some level of market disruption would be inevitable.” whatsapp Share whatsapp Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamour20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamourJim Cramer Calls for Billionaire Tax: ‘This Society Has to Start AddressingThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Drake & Josh’ Star Drake Bell Pleads Guilty to Attempted ChildThe WrapSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamour Read more: Theresa May to put Brexit ‘Plan B’ before parliament on 29 January“The Irish banking system is considerably more resilient than it was, and the most significant firms operating in Ireland across all sectors have, in line with our requirements, prepared and are executing contingency plans for a hard Brexit,” he added.Brexit is scheduled for 29 March but following the heavy defeat of UK Prime Minister Theresa May’s Brexit plan in a parliamentary vote this week it is not clear what form it will take.May has now offered to talk to rival party leaders to agree on an approach to Brexit that will gain the support of the Commons.Labour leader Jeremy Corbyn said he would only talk to May if she ruled out hard Brexit as an option, something her spokesperson said she had refused to do. James Booth center_img Hard Brexit risks ‘manageable’ says Irish central bank official Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostUndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndo Tags: Brexit Jeremy Corbyn People Theresa May Thursday 17 January 2019 1:48 pmlast_img read more

Senior Tory MPs urge Theresa May to cancel Brexit vote

first_img Senior Tory MPs have urged Prime Minister Theresa May to cancel tomorrow’s vote on her Brexit deal amid fears she faces another heavy defeat, the Times has reported.Leading Conservatives have told May she should pull the meaningful vote unless she secures major concessions from the EU. James Warrington Monday 11 March 2019 7:29 am More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comRussell 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com 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 GuruPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorLiver 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 HeraldGrowitchRemember Penny From The Big Bang Theory? This Is Her NowGrowitchElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniors Read more: Brexiters dismiss reports they could swing behind PM’s deal if she resignsInstead, they said the Prime Minister should table a motion outlining the kind of Brexit deal Tory MPs would accept in a bid to maintain party unity and put pressure on Brussels, according to the report.“As it stands her deal is going to be defeated,” a party source told the newspaper. “It has been made clear to Downing Street that it would be eminently sensible to avoid that by proposing a motion that the party can support. Whether they listen or not is another matter.”The comments come amid frantic negotiations in Brussels as negotiators try to reach a last-minute agreement with the EU, largely centred on the issue of the Irish backstop.On Friday the EU’s chief negotiator, Michel Barnier, said the UK will have the option to withdraw unilaterally from the customs union element of the backstop. Senior Tory MPs urge Theresa May to cancel Brexit vote whatsapp Read more: EU offers UK customs union exit amid backstop impasseMay is hoping her revised Brexit deal will be voted through by parliament after her crushing defeat by 230 votes in January.If the vote is rejected, there will be further votes on Wednesday and Thursday that could lead to Brexit being delayed. Tags: Brexit People Theresa May Share whatsapplast_img read more

Capita takes on Brexit work as outsourcer kicks on with turnaround plan

first_imgThursday 14 March 2019 5:25 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost 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 HeraldPets DetectiveAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongPets DetectiveHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinance Alex Daniel Share whatsapp Outsourcing giant Capita has admitted it is helping pick up some of the government’s slack in preparing for Brexit, as Whitehall continues scrambling to put contingency plans in place for a possible no-deal scenario.The outsourcer, which specialises in digital and IT-related services, has taken on several contracts, as the 29 March leaving date looms ever closer.Read more: Capita ‘failed dismally’ on MoD recruitment contract, MPs sayThe government has already recruited 20,000 new workers, and thousands of existing civil servants are also understood to be working around the clock on secondment from departments including the Foreign Office, education, defence, international development, justice, and work and pensions departments.“As a strategic partner to government, we’re working on a small number of projects and we’re ready to help in any way we can,” Lewis told City A.M.The news follows Rupert Soames, CEO of fellow outsourcing giant Serco, saying his firm was ready and waiting to step in if the government “needs help quickly”.Capita’s revenues were down more than £300m last year to £3.9bn, as turnaround specialist Lewis worked to nullify the “existential threat” facing the firm when he took over in late 2017.Lewis told City A.M. he has taken “radical, decisive action” to simplify the firm, which which provides customer services to Marks and Spencer, and manages the license fee for the BBC.Capita manages the license fee for the BBC (Source: Getty)This includes a number of measures to simplify the company, as well as a project to install two Capita employees on the board.Pre-tax profit fell 26 per cent in 2018 to £282.1m ahead of Capita’s own guidance of £250-275m, as the firm battled to correct a range of problem contracts and blunders. The most notable of these meant more than 47,000 women did not receive letters of invitation or reminders regarding NHS cervical cancer screenings from Capita between January and June this year.“That was deeply frustrating to me,” Lewis said. “There are senior members of our leadership team who are no longer with the company as a result of that.”After a torrid 2017 in which profits plunged and former chief executive Andy Parker was forced to fall on his sword, new boss Lewis was tasked with changing the company’s fortunes.Net debt more than halved, from £1.1bn in 2017 to £466.1m last year after raising £701m via a rights issue, and shaken up the company’s leadership structure. Early in Lewis’ tenure, he “made decisions on a number of the executive directors and parted with those individuals,” he said.Capita set a flat profit target for 2019, and brokers at Shore Capital Markets said: “A return to growth in revenues and profitability remains on track”.But challenges remain in the form of Brexit, which Lewis told City A.M. has caused “a massive reduction in the amount of work that’s come for tender”.Read more: Capita shares fall after £495m British Army recruitment contract flopsThe firm’s turnaround comes as its peers in the outsourcing sector continue to flounder, leading some – including the opposition Labour party – to question the private sector’s role in delivering key public services.Debt-laden Interserve faces a shareholder vote tomorrow which could send it into administration, while constructor Kier Group remains without a chief executive after a disgruntled shareholder forced its former boss out after months of financial turmoil. center_img Tags: BBC Brexit Capita Company NHS whatsapp Capita takes on Brexit work as outsourcer kicks on with ‘radical’ turnaround plan last_img read more

CBI: Businesses should do more to show their impact on local communities

first_imgMonday 2 September 2019 12:01 am CBI: Businesses should do more to show their impact on local communities Nearly four fifths of those asked said they were less likely to buy from a company with a poor reputation, while three quarters would be less likely to work for one. Read more: CBI: UK manufacturing growth nears three-year low The Confederation of British Industry has called on businesses to do more to show their impact on the local community. Only two in five people in the UK believe that businesses are working to improve people’s lives locally, according to a new study by the CBI. “There is a clear opportunity for businesses to amplify the good they do in their communities by creating jobs and supporting public service,” it said in a statement. August Graham He highlighted companies such as Richer Sounds, BT, and Capita as those taking new initiatives to “ensure the UK’s prosperity is inclusive.” center_img Josh Hardie, the deputy director general of the CBO said that schemes to give employees shares in the business and similar schemes is helping to improve public perception. Read more: UK companies to miss research investment target by £19bn, says CBI “There is no question that more can be done, as 70% of the public say they would want to work for a business with a good reputation, the benefits of demonstrating firms positive impact can affect everything from a company’s bottom line to the talent it attracts. It comes as more people said they think that business reputation is good, four points up to 60 per cent in the most recent survey. Adam Wilson at Opinium, a collaborator on the survey, said: “In recent years we have seen the emergence of the ‘conscious consumer’. It’s almost a given that people want businesses to meet their expectations when it comes to their more tangible needs such as excellent customer service and good value for money.” whatsapp whatsapp Sharelast_img read more

Fed announces unlimited QE to tackle coronavirus slowdown

first_imgThe policies had the desired effect on the US bond market, however, where 10-year Treasury yields fell by 0.13 percentage points to 0.725 per cent. Yields move inversely to price. Yet she said that central bank action will not be enough to help the economy on its own. “Congress urgently needs to deliver a large-scale fiscal stimulus program.” 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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comPuffer fish snaps a selfie with lucky divernypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com It also launched a facility to buy securities backed by student, car and credit card loans, helping support markets that have come under pressure during the coronavirus slowdown. “Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate,” the Fed said in a statement today. The Fed said it will buy bonds “in the amounts needed to support smooth market functioning and effective transmission of monetary policy”.  US Federal Reserve chairman Jerome Powell has unveiled a series of unprecedented market interventions during the coronavirus outbreak (AFP via Getty Images) Monday 23 March 2020 3:56 pm whatsapp Harry Robertson Show Comments ▼ US Federal Reserve chairman Jerome Powell has unveiled a series of unprecedented market interventions during the coronavirus outbreak (AFP via Getty Images) Also Read: US Federal Reserve announces unlimited bond-buying to tackle coronavirus slowdown It was just the latest major move by a Federal Reserve that has in recent weeks slashed interest rates to zero, pumped trillions of dollars into short-term money markets and expanded its asset purchases to support the real economy. The Fed said its new facilities will support the flow of $300bn worth of credit for employers, consumers and businesses. Share The Fed said it would directly support US firms, unveiling two new facilities that let it directly purchase corporate bonds. “The Federal Reserve is committed to using its full range of tools to support households, businesses, and the US economy.” Yet once again the move failed to quell investors’ fears, with Wall Street stocks falling in morning trading. The S&P 500 was last down 4.3 per cent, the Dow Jones was 4.5 per cent lower, and the Nasdaq was down 2.8 per cent. It had previously committed to buying at least $500bn (£434bn) of government bonds and $200bn of mortgage-backed securities. The Fed’s latest statement paves the way for potentially a big expansion of its quantitative easing (QE) programme, under which it creates digital money to buy bonds. Markets unimpressed by major steps whatsapp The US Federal Reserve has pledged to buy a potentially unlimited amount of government debt and ramp up lending support to businesses in its latest massive intervention in an economy ravaged by coronavirus. US Federal Reserve chairman Jerome Powell has unveiled a series of unprecedented market interventions during the coronavirus outbreak (AFP via Getty Images) Also Read: US Federal Reserve announces unlimited bond-buying to tackle coronavirus slowdown The central bank’s intervention came as the US Senate remained gridlocked over a stimulus package that could be worth almost $2 trillion. Senate Democrats blocked the Republican-designed package, saying it did not do enough for workers or hospitals. Kathy Bostjancic, chief US financial economist at consultancy Oxford Economics, said: “The Fed is doing ‘whatever it takes’ to improve the smooth functioning markets and support the economy.” US Federal Reserve announces unlimited bond-buying to tackle coronavirus slowdown last_img read more

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