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Let’s ‘take back control’ of immigration – and increase it

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Share Do we need the numbers of foreign workers to fall in order to honour the “will of the people” who voted for Brexit?The answer is no. Because it turns out that the psychology of immigration, and the sense of anxiety and discomfort voters feel about this hot-button issue, isn’t really linked to levels at all.If that sounds counter-intuitive, I’d invite you to look at Australia.Australia was held up as a bastion of sound immigration policy during the referendum campaign, with its “points-based system” heralded by Leave heavyweights such as Boris Johnson, Michael Gove, and even Nigel Farage.Countless Brexit voters responded in interviews and focus groups that they thought the Australian system, where migrants are granted work visas based on whether they have the skills that the economy needs, was intrinsically fair – far superior to having unelected EU officials across the Channel dictate which people the UK has to let in. In fact, when it comes to migration there seems to be a disconnect between what the two sides are actually talking about.On the one hand, you have Brexit voters, the vast majority of whom want an end to free movement – full stop – and do not appreciate the EU’s insistence that it is impossible to have free trade without it. For them, taking back control of our borders is a red line.On the other, businesses are panicking about the dearth of both skilled and unskilled labour that reducing immigration could cause.There are 2.4m EU citizens currently employed in the UK, and with unemployment at record lows, it is hard to see how those workers could be immediately replaced with Brits. With seven per cent of the UK labour force being EU nationals, it’s clear that demand for such people remains high.There have been various estimates of just how badly the economy would collapse if migration were drastically reduced, but before we go down the rabbit hole of doom scenarios, we should question the basic premise of the dichotomy. Friday 3 November 2017 4:24 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBras & Panties | Search AdsBrilliant Bras (look)Bras & Panties | Search AdsLotus CandlesCan your birthday candles do this?Lotus CandlesMartha Stewart CBDShop Martha Stewart’s CBD Products NowMartha Stewart CBDCNNStart Eating One Cucumber a Day, See What Happens to Your BodyCNNgeasbest2Top 18 Reasons Why Cats Follow Us to The Bathroomgeasbest2History DailyPhotographers Can’t Believe These Nature Photos Have Not Been EditedHistory DailyStyleVamp10+ Normal People Who Astonishingly Look Like CelebsStyleVampweniixTop 5 best sports cars 2021 – WENIIXweniixPlumber Near MeThe price card of a plumber in Arizona might surprise you. Discover Options!Plumber Near Me Let’s ‘take back control’ of immigration – and increase it But if you asked these voters how many immigrants Australia actually accepted, you probably wouldn’t have heard any answers close to the reality: Australia has three times the net migration per capita that the UK does. That is, there are three times as many foreign-born people to every native-born Australian Down Under as there are migrants to native-born Brits in the UK.And yet while the UK faces a political civil war over migration, Australians are decidedly relaxed. In a 2016 survey, only 34 per cent of Australians thought immigration should be reduced.Compare that to the 77 per cent of Brits thinking immigration was too high in pre-Referendum survey of the UK (which clearly included a lot of Remain voters), and you start to see the disconnect between migration levels and the cultural anxiety surrounding it.This doesn’t mean anyone who voted for Brexit because of concern over immigration was misguided. Wanting control over national borders is entirely valid – and not new.In 2006, the Labour government made a conscious decision to put up signs saying “UK border” at airports and dress immigration officials in police-like uniforms, to build the impression that the British border was secure and that the government was in control. Psychologically, that visible manifestation of authority went some way to inspiring confidence, even if it had no impact on the actual number of immigrants. In terms of British immigration policy post-Brexit, this implies that much of the panic around this issue may be misplaced. Once we end free movement, the UK government will be able to design a migration system tailor-built for Britain and its economic needs.All the evidence suggests we should keep the numbers the same or higher. The composition might change, with more migrants coming from countries that were previously heavily restricted in a bid to tackle numbers when reducing EU levels wasn’t an option – the US, Canada, India, China.The wage threshold on hiring foreign workers (currently £35,000) should be lowered to reflect some of the lower-paid skills desperately required in certain sectors – nurses and care workers for a start – and the government should heed the advice of industry bodies and make sure they have the skills they need.This isn’t politically unachievable. According to a British Futures survey from September, 66 per cent of Leave voters wanted the number of migrants working in care homes to remain the same or increase, and a majority felt similarly about other sectors.Even those most concerned about high immigration appreciate its benefits and relax once they know the policy is in the hands of a government that can be democratically voted out, rather than bureaucrats in Brussels.The UK government needs to inject an element of control into the migration system. At the same time, the economy needs immigration – as much and as diverse as is politically possible. But looking to Australia as a model, there is no reason we cannot have both. whatsapp Does “taking back control” of our borders mean reducing immigration?That’s a question that hasn’t been asked much over the last 16 months, even as Leavers and Remainers have locked horns over a host of other Brexit-related issues. whatsapp Rachel Cunliffe More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPuffer fish snaps a selfie with lucky divernypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com read more

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MPs to Lloyds Banking Group: ‘We will publish report on HBOS Reading fraud’

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Jasper Jolly “Dame Linda’s review is the appropriate forum for considering the report in conjunction with a very significant number of other documents and with input from interviews with relevant parties.”The report was written by Lloyds employee Sally Masterton in 2013, at the request of “Sue Harris, Group Audit Director”, the letter said. Hollinrake asked Horta-Osorio to explain earlier statements which appeared to say that Lloyds did not commission the investigation.MPs were sent a copy of the report by Michael Bancroft, one of six serving sentences totalling 47 years in connection with the fraud, the letter said. Kevin Hollinrake, the MP who leads the group, wrote that “the public interest would be served by the report being made available for public scrutiny”.Hollinrake told the House of Commons in May that “senior managers” within Lloyds knew of the fraud before the takeover but took “clear, deliberate and documented action to conceal it”.The publication of the report would likely be another damaging reputational blow to Lloyds. The UK’s largest retail bank is currently awaiting a judgement in a separate shareholder action also related to the HBOS acquisition in which Lloyds is accused of misrepresenting the risks of the purchase.The report was shared with both police and regulators in 2014, although there are concerns that the publication of the report may have legal implications if it breaches the privacy of customers and employees named.A Lloyds spokesperson said: “We have already provided this report to Dame Linda Dobbs, whose independent review will consider whether the issues relating to HBOS Impaired Assets office in Reading were investigated and appropriately reported to authorities at the time by Lloyds Banking Group, following its acquisition of HBOS in 2009. A cross-party group of MPs today said it will publish a report on an alleged cover-up by Lloyds executives of fraud at acquisition target HBOS at the height of the financial crisis.The All-Party Parliamentary Group on Fair Business Banking will put the report in the public domain within seven days of a letter sent yesterday to Lloyds boss Antonio Horta-Osorio. Share The so-called Turnbull Report details the massive fraud perpetrated by former bankers at the HBOS Reading branch, and alleges that senior managers at Lloyds were “aware of the fraud prior to Lloyds’s 2008 takeover of HBOS but action was taken to cover up the fraud”, according to the letter, which has been seen by City A.M.The fraudsters drove multiple small businesses out of business and stripped their assets for their own gain.KPMG has also been asked for a statement to accompany the report’s publication which, the letter alleges, says auditors at the firm “knew that shareholders and investors were being deliberately misled”.However a KPMG spokesperson said: “We strongly refute these allegations, which we believe to have no basis in fact. We have not seen the report in question and had no involvement in its preparation.“We have cooperated fully with the detailed investigations undertaken, including those by the PRA / FCA and the FRC, none of which concluded that our work did not meet the applicable audit standards of the time.” Friday 15 June 2018 3:56 pm MPs to Lloyds Banking Group: ‘We will publish report on HBOS Reading fraud’ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeweniixTop 5 best grand tourers 2021 – WENIIXweniixUndoHistory 10[Gallery] The 25 Worst Casting Choices of All-TimeHistory 10UndoStealth Angel SurvivalTop 10 Best Emergency KitsStealth Angel SurvivalUndoanymuscle.comDiabetes and kidney failureanymuscle.comUndoWorldLifeStyleMom Sells Baby’s Crib, But Buyer Returns And Tells Her To Look In The TrunkWorldLifeStyleUndo24/7 SportsAll-New: 2021 NFL Mock Draft24/7 SportsUndoRefinance GoldAt 106, She Is Probably The World’s Oldest Living StarRefinance GoldUndoCustomize Watch Gift”To My Husband” Customize Watch GiftCustomize Watch GiftUndoSportlitEasy Hacks That Would Make Your Life EasierSportlitUndo whatsapp whatsapp read more

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Superdrug tells thousands of customers to change passwords after cyber attack

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whatsapp Superdrug tells thousands of customers to change passwords after cyber attack Thousands of Superdrug’s online customers have been targeted by cyber criminals who claim to have obtained their personal details.The company told customers to change their online passwords after hackers claimed to have stolen information on approximately 20,000 users, but the retailer said it has only seen evidence so far that 386 accounts have been hacked. Callum Keown Share I would be able to change my password but tried from 4 different devices and the website keeps giving me and internal server error. Not acceptable that I might have my details comprised and I can’t change my password.— Ellen Auckland (@EllenA1997) August 21, 2018Superdrug said it had informed the police as well as the UK’s national fraud and cyber-crime arm, Action Fraud, about the issue.The Information Commissioner’s Office said it was aware of the incident and would be making enquiries. Wednesday 22 August 2018 9:00 am whatsapp Names, addresses, and in some cases phone numbers and points balances may have been accessed but not payment card information.But some customers complained they couldn’t access the website to change their passwords as instructed.I requested a password reset and I haven’t had the email. I keep trying but nothing is coming through?— Jess (@jessgallery) August 21, 2018 In an email to customers, Superdrug said: “We were contacted by hackers who claimed they had obtained a number of our customers’ online shopping information.”There is no evidence that Superdrug’s systems have been compromised.”We believe the hacker obtained customers’ email addresses and passwords from other websites and then used those credentials to access accounts on our website,” Superdrug’s letter continued.The company has apologised to customers. read more

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Acorn OakNorth rises to $2.3bn valuation as it closes fresh $100m fundraise

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Thursday 6 September 2018 5:58 pm whatsapp whatsapp London fintech Acorn Oaknorth has been valued at $2.3bn (£1.8bn) after it secured $100m from two Singaporean state-backed funds EDBI and GIC, as well as NIBC Bank, Clermont Group, and Coltrane Asset Management.The deal represented a total 4.3 per cent holding in the group. The fresh capital, announced yesterday, will be used to power growth of its machine learning credit monitoring engine Acorn Machine, which the group currently licences to more than 10 international banks.Its UK business lending bank Oaknorth continues to be responsible for the majority of the group’s revenue, although co-founder Joel Perlman told City A.M. that it hopes Acorn will account for at least half of its profit in a few years time.The bank has lent over $1.7bn to more than 300 UK businesses since it secured a banking licence in 2015, while Acorn retains around $5bn in assets under service.Perlman said the group soon hopes to add a European office in Berlin to its network in New York, Singapore, India and Istanbul, although “not necessarily because of Brexit as we’re optimistic on that outcome”.There are, however, no plans on the cards for an initial public offering (IPO) any time soon. Acorn OakNorth rises to $2.3bn valuation as it closes fresh $100m fundraise “[Co-founder] Rishi and I have given ourselves 20 years to build the business. We still have 15 years left, and we want to build and build,” Perlman told City A.M..“IPOs appeal to others from the perspective of an exit, but that’s not for us,” he added.There are also no immediate plans to expand its UK bank internationally, although consultations are ongoing. Despite this, local growth of the bank continues to rise.Acorn Oaknorth as a group moved into a new office on Soho’s Broadwick Street last week, which City A.M. understands has the capacity for around 300 staff. Hiring for its Acorn engine had been a recent priority, with 30 new fintech hires planned this year and another 20 for Oaknorth in London alone.The group has secured $576m in funding to date. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal Pastinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comOne-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 LaughingCleverst Share Emily Nicolle read more

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Brexit legal advice: No way out of the backstop without a trade deal

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first_img Owen Bennett The advice, published today after a battle in Parliament, reveals the Attorney General Geoffrey Cox believes the only way out of the backstop is with a trade deal.Cox warns that even if talks between the UK and EU break down, it would be difficult to convince a proposed arbitration panel of alternative ways of keeping the border invisible.The letter, sent to the Prime Minister on November 13, reads: “The current drafting of the Protocol, including Article 19, does not provide for a mechanism that is likely to enable the UK lawfully to exit the UK wide customs union without a subsequent agreement.”This remains the case even if parties are still negotiating many years later, and if the parties believe that talks have clearly broken down and there is no prospect of a future relationship agreement.”The resolution of such a stalemate would have to be political.” In a paragraph likely to enrage the DUP, which theoretically props up Theresa May’s government, Cox set out the true implications of the backstop agreement on the relationship between Northern Ireland and Great Britain.He wrote: “The implications of NI remaining in the EU Single Market for Goods, while GB is not, is that for regulatory purposes GB is essentially treated as a third country by NI for goods passing from GB into NI. This means regulatory checks would have to take place between NI and GB, normally at airports or ports, although the EU now accepts that many of these could be conducted away from the border.”DUP MP Nigel Dodds, who leads his party in Westminster, described the legal advice as “devastating”.Labour’s shadow Brexit secretary Sir Keir Starmer, who led the charge to get the advice made public in spite of claims it was not in the public interest, said: “All this advice reveals is the central weaknesses in the Government’s deal.” Tags: Brexit Brexit legal advice: No way out of the backstop without a trade deal The UK will be locked in a customs union with the EU even if other ways of avoiding a hard border with Ireland are found, according to the government’s top lawyer.The secret legal advice given by the Attorney General to the Cabinet on the proposed Brexit deal makes it clear the UK would struggle to end the backstop plan using “alternative arrangements”. Wednesday 5 December 2018 12:00 pm Share whatsapp whatsapplast_img read more

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Tube driver salaries break £100,000 barrier despite train automation

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first_img whatsapp Tube driver salaries break £100,000 barrier despite train automation Share whatsapp Some London Tube drivers are now earning more than £100,000 a year, despite new technology that makes their jobs easier.Figures obtained by the Sunday Times reveal the highest-paid driver earned £103,374 in the year to November, a 69 per cent rise since 2012. Sunday 16 December 2018 4:26 pm Tags: Boris Johnson People Sadiq Khan Transport for Londoncenter_img RMT general secretary Mick Cash said: “There is a growing culture on London Underground that revolves around refusing to employ enough drivers, bullying staff and expecting our members to pick up the pieces when the service breaks down.“RMT members on the Central Line have made it clear that they have had enough and are prepared to stand up and fight for workplace respect and justice.” TfL said the figures refer to total remuneration, including base pay and pension contributions, and said the top earners are test drivers and instructors who have additional responsibilities.But they do not include the two free annual travel passes worth £3,548 each that all drivers receive.“The overwhelming majority earned total remuneration – including base pay, overtime, employer pension contributions and certain allowances – of £70,000 or considerably less,” the TfL spokesperson said.The revelations come as Londoners brace for more travel chaos amid further planned Tube strikes. Drivers on the Central Line are planning walkouts on Friday and Saturday this week, in a move that will hit retailers during the vital pre-Christmas shopping period.Members of the National Union of Rail, Maritime and Transport Workers (RMT) are striking in protest over the dismissal of a driver who failed three drug tests. James Warrington The surge in pay comes despite five of the network’s 11 lines being automatic, meaning drivers only have to open and close the doors.In addition, nine drivers were paid more than £100,000 and another 30 earned over £80,000, according to Transport for London (TfL) figures obtained through a freedom of information request.The basic salary for Tube drivers is £55,000, more than double the average wage of a nurse in London and more than many airline pilots earn.Conservative mayoral candidate Shaun Bailey criticised Sadiq Khan for the salaries, adding: “Given the dire state of TfL finances he should be doing everything he can to plug the financial hole and protect the public purse.”A TfL spokesperson said the wages were agreed in 2014, when Boris Johnson was mayor.last_img read more

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Manufacturers face worst staff scarcity since 1989 after Brexit leads to exodus of EU workers

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first_imgThe survey of more than 6,000 businesses was carried out from 5 November to 26 November last year – this was before Theresa May postponed the parliamentary vote on her Brexit deal because of a lack of support in the Commons.“The government’s absolute priority now must be to provide clarity on conditions in the near term and avoid a messy and disorderly Brexit. Business communities won’t forgive politicians who allow this to happen, by default or otherwise,” Marshall added. A report by the British Chambers of Commerce today revealed 81 per cent of manufacturers that tried to recruit in the last quarter had difficulties finding the right staff.Meanwhile, the services sector was not much better off, with 70 per cent of firms reporting the same shortages – just two per cent off the record high charted in the previous quarter.Adam Marshall, BCC director general, said that while Brexit was occupying all the government’s attention and resources, recruitment was another cause of uncertainty.EU workers in the UK fell by 132,000 in the three months to the end of September 2018, the biggest drop since records began.Home secretary Sajid Javid is planning to reduce immigration from the EU by 80 per cent after Britain has left the bloc.  Tags: Brexit Manufacturing sector People Sajid Javid Theresa May UK immigration whatsapp Manufacturers are struggling with the worst drought of workers in 30 years, as fewer EU workers come into the country in the wake of the Brexit vote.Labour shortages in the sector are at their worst since 1989, according to research, with Brexit-related uncertainty partly to blame. He is looking to impose a £30,000 a year minimum salary threshold to those entering the country for work, something which currently applies to all immigrants except those from the EU.Marshall said: “Given the magnitude of the recruitment difficulties faced by firms clear across the UK, business concerns about the government’s recent blueprint for future immigration rules must be taken seriously – and companies must be able to access skills at all levels without heavy costs or bureaucracy.”The news comes after the latest manufacturing purchasing managers’ index indicating sector activity had spiked in December, as firms scrambled to stockpile parts and materials to mitigate the impact of crashing out of the EU without a deal.The quarterly economic report also revealed the UK’s services sector reported the slowest sales growth in two years during the final quarter of last year.“The UK economy is in stasis,” said Marshall. “With little clarity on the trading conditions they’ll face in just two months’ time, companies are understandably holding back on spending and making big decisions about their futures.” Manufacturers face worst staff scarcity since 1989 after Brexit leads to exodus of EU workers Alex Daniel Share Thursday 3 January 2019 1:10 pm whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comNative 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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com last_img read more

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US considers 60-day extension to looming China tariff deadline

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first_img whatsapp US President Donald Trump is mulling a 60- day extension of the 1 March deadline for higher tariffs on Chinese imports, according to reports.Trump is considering an extension to the 1 March deadline for more than doubling tariffs on $200bn (£156bn) of Chinese exports in order to give the two sides more time to come to a deal, Bloomberg reports. whatsapp US considers 60-day extension to looming China tariff deadline More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell 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.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableybonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun Read more: Don’t hold your breath for an easy fix to the US-China trade spatUS tariffs on $200bn worth of Chinese imports are scheduled to jump to 25 percent from 10 percent if the two sides don’t reach a deal by the deadline.On Wednesday Trump said talks between the two sides were going “very well”.Oil prices rose on the hope of a breakthrough with a barrel of Brent crude up 1.19 per cent at $64.37 this morning.The FTSE 100 opened up 17 points this morning at 7,207. Read more: Donald Trump’s trade war with China is following a familiar pathAccording to the report, Chinese representatives had asked for an extension of 90-days, but that was refused.US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin are in China for talks with Chinese vice premier Liu He today and tomorrow.“Looking forward to discussions today,” Mnuchin told reporters as he left his hotel.There also could be a meeting between Lighthizer and Chinese President Xi Jinping this week, which could affect whether or not the US extends the 1 March deadline. Thursday 14 February 2019 8:28 am Tags: Company Donald Trump FTSE 100 Oil prices People Share James Booth last_img read more

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TSB online banking down: Another outage hits long-suffering customers

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first_imgCurrently can’t pay our rent because my husband can’t access his account either if we occur charges will TSB pay these?— kate fletcher (@shinninstar) February 20, 2019When will this be resolved? This is getting ridiculous. Your internet banking is always breaking.— Lucy Graudus (@lucygraudus) February 20, 2019Earlier this month the challenger bank said last year’s IT meltdown cost £330m and that 80,000 people left the bank in 2018.Read more: TSB falls to £105m loss after IT disaster whatsapp whatsapp TSB online banking down: Another outage hits long-suffering customers TSB customers have been hit with another online outage affecting the bank’s mobile app and internet banking.Hundreds of customers vented their frustration they were unable to access their accounts, pay their rent or even check their balance today during the two-hour outage. Wednesday 20 February 2019 9:48 am Sharecenter_img Callum Keown Read more: TSB to pay former boss £800,000 despite bonus banThe bank lost 16,600 following an IT meltdown last year, which left up to 1.9m people unable to get into their accounts for a number of weeks.Those who stayed with the challenger bank have once again been affected by problems this morning.TSB said services were returning to normal around lunchtime after customers had experienced issues with their internet banking and mobile app – and that the cause of the problem would be investigated. The technology disaster occurred after a shift to new IT systems went wrong.Good morning. We’re aware that some customers are currently experiencing issues with their internet banking and mobile app. We’re working to solve this as soon as possible and we apologise for any inconvenience caused. Jacob— TSB (@TSB) February 20, 2019 Tags: Trading Archivelast_img read more

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Working nine to five – is it how we make a living?

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first_imgUnlike their work-hard, play-hard predecessors, millennials and generation Z look to employers to offer flexible working hours and other perks not related to wages.In the past, conversations around flexible working have focused on parents. But employers increasingly recognise that flexibility is important to people of all ages and life stages.The Learning and Work Institute found that the number of people working part-time increased 5.7 per cent between 2016 and 2017. Meanwhile, research from Timewise found that a quarter of workers would rather work part-time if they knew that it would have no impact on their career progression.BizSpace is predominantly occupied by freelancers, micro-businesses, and entrepreneurs. We have noticed that Fridays have become quieter, as those working for themselves opt for longer hours across four days, and reward themselves with a three-day weekend.Consider that the number of self-employed workers has increased from to 4.8m in 2017 from 3.3m in 2001, according to the ONS, and that self-employed people now account for 15 per cent of the UK’s working population. whatsapp Emma LongEmma Long is commercial director of BizSpace Working nine to five – is it how we make a living? But is the nine-to-five working week a thing of the past?According to a poll carried out by YouGov, only six per cent of employees are working the traditional hours of 9am to 5pm, and just 14 per cent would opt for those hours if given the chance.The survey also revealed that 42 per cent of respondents were already working according to shift patterns, compressed hours, and job shares.Many of these people told researchers that working flexible hours made them more motivated and led them to stay in the job longer.The workplace is certainly evolving. Today’s labour force is far more focused on work-life balance than previous generations. For years, workers have resented the 40-hour working week. The iconic title track of Dolly Parton’s movie, now a high-profile West End musical, shines a light on these frustrations.“Working nine to five” is a byword for inflexibility, few prospects, and insufficient pay. As the workplace is increasingly populated by freelancers, those contracting them will find it harder to impose the traditional nine-to-five working day. Eventually, they will learn to focus on outputs rather than time spent in the office.Flexible working is getting easier to facilitate, thanks to advances in technology. In fact, recent studies have found that 70 per cent of professionals work remotely at least one day a week.Now, businesses are able to see employees as individuals, and can devise new systems of working that make sense for their unique circumstances. In turn, this means that they will be able to attract the best talent.And, of course, employees are more likely to be committed to their organisation, meaning that firms can reap the rewards in terms of engagement and productivity.Of course, working nine to five is not quite a thing of the past; many of us still put in a 40-hour working week.But as employees increasingly call the shots, the dreary workplace described by Dolly in her much-loved song will soon be confined to the screen – and the stage. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorUndo Share Thursday 28 February 2019 7:12 am whatsapp Tags: Trading Archivelast_img read more

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