Rothschild is advertising for a new butler – and the right candidate will have control of a rather racy-sounding inbox

Rothschild is advertising for a new butler – and the right candidate will have control of a rather racy-sounding inbox Let’s hope that another one of the responsibilities the new hire will take on is proof-reading documents. Applicants must have exceptional client service standards, the ability to work well under pressure and a willingness to take on a “diverse workload” (evidently). Those interested can check out the details here. whatsapp Caitlin Morrison A job has come up at one of the City’s most well-regarded financial firms – but you won’t need a business background for this senior role.Rothschild is advertising for a new assistant head butler, to work in its pantry. whatsapp Could Rothschild’s new butler become more famous than the Fresh Prince’s Geoffrey? Thursday 12 January 2017 3:15 pm Share The job ad explains that the selected candidate will “act on behalf of Rothschild & Co to ensure a superior and seamless service is provided to all clients, both internally and externally”, and will be expected to “attend management and events meetings and perform the morning ‘Butler Briefing’ in the absence of the head butler”.Somewhat alarmingly, one of the more specific tasks set out in the listing is to help manage the “panty inbox”. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksRelated ArticlesTop 10 Date Night In Movies & Films Of All TimeUndo10 Amazing RVs You Won’t Want To MissUndoCoolest Home Gadgets You Need To SeeUndo Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoPost FunCops Called To Investigate Smell From Abandoned House Didn’t Expect To Find ThisPost FunUndoUnify Health Labs Multi-GI 5 SupplementRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health Labs Multi-GI 5 SupplementUndoAuto InquirerA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedAuto InquirerUndo read more

Why the solution to India’s energy challenge lies in coal power plants

Friday 13 January 2017 4:44 am Why the solution to India’s energy challenge lies in coal power plants by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldPensAndPatronTori Roloff Confirms Sad Family NewsPensAndPatronHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse Coast Historically, the most important source of energy has been coal, which is abundant and affordable, making it ideal from a cost perspective as a fuel to expand energy access. The industry is also a major employer, with more than 1.5m people working in the coal sector.As India diversifies its means of power generation, it is important to question whether it is genuinely possible to bring electricity to all households and also feed industry with intermittent renewable energy. Excluding coal from the energy mix is not a realistic option.Indeed, renewables have an important role to play but coal remains the driving force behind electrification and industrialisation and, according to the IEA, will continue to make the largest contribution to electricity generation in India through to 2040.The Indian government has been clear that all sources of energy will be needed to power up the economy, including coal. India’s ambitious renewable expansion will take place alongside (not in place of) growth in coal consumption. Coal per kilowatt is still far cheaper than renewables. However, this should not be a popularity contest – both are needed for the country’s development.India has contributed less than 3 per cent of cumulative greenhouse gas emissions, and the reality is that, in as much as the country wants to contribute to climate action policies, it also needs to bring electricity not just to those not currently served but also to the millions more who are under-served. In the words of Harjeet Singh of ActionAid, development of coal resources “is not an obsession for India, it’s a compulsion”. whatsapp As it makes every effort to meet climate commitments, as well as provide energy access and security for its population, the government is transitioning to more efficient and cleaner technologies. To this end, it has planned that all inefficient thermal power plants over 25 years’ old will be replaced with modern, efficient and cleaner technologies. This involves what is known as high efficiency, low emissions (HELE) technologies. Several power plants currently producing around 11,000 megawatts are scheduled to be replaced within five years. We welcome and encourage this as a clear and achievable goal.The recent news headlines suggesting India would suspend construction of new coal plants for the next 20 years sit in stark contrast to a national electricity report advising that additional coal-based capacity will be needed to fulfil India’s future electricity requirements. The World Coal Association encourages a plan to incorporate cleaner coal burning technologies into India’s energy mix in order to meet its huge development issues and ambitions.That’s why projects like Adani’s Carmichael mine development in Queensland remain essential, because they will supply high-quality coal into India for use in modern HELE power plants. Indeed, Adani’s management has been clear that it sees the Carmichael project as part of an integrated approach across the company. Coal from Carmichael will be used to fuel Adani’s power plants in India. India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for the foreseeable future.More than 240m people in India have no electricity, and even for those who have, the quality is far below standards acceptable in developed countries. India’s residential electricity consumption lags behind the global average and is, according to the International Energy Agency (IEA), ten-times lower than that of OECD countries. For example, average residential consumption in Bihar state is around 50 kilowatt-hours (kWh) per capita per year, which equates to an average household use of a fan, a mobile phone charger and two compact fluorescent light bulbs for less than five hours per day. whatsapp 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.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.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Share Benjamin Sporton read more

Leading City think tank calls for Brexit bespoke deal ahead of chancellor Philip Hammond’s first Budget

Leading City think tank calls for Brexit bespoke deal ahead of chancellor Philip Hammond’s first Budget whatsapp Hayley Kirton Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeYarnwe11 WARNING Signs Of Unhealthy Relationships You Need to Be Aware OfYarnweUndoNatural Flow Supplements21.95 | New Premium Magnesium Complex Now On AmazonNatural Flow SupplementsUndoExplored Planet30 Things Not To Do While Traveling InternationallyExplored PlanetUndoanymuscle.comProstate Cancer and Enlarged Prostate – Causes, Symptoms, Prevention and Treatmentanymuscle.comUndoBodasidealesSurprising Health Advantages of Stinging NettleBodasidealesUndoDaily-StoryBoy Cries In Bedroom – When His Parents See Why, They Immediately Call The PoliceDaily-StoryUndoYahoo! SearchSearch For Caribbean Cruising Special DealsYahoo! SearchUndoHealth.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasgetUndoTravelstoat15 Dog Breeds You’ll Want To Avoid At All CostsTravelstoatUndo whatsapp A leading City think tank is calling on the chancellor to fight for a bespoke Brexit deal as he prepares to deliver his first Budget speech in less than a month’s time.TheCityUK’s Budget submission notes a tailor-made deal with the EU “based on mutual recognition and regulatory cooperation that delivers similar market access rights to those currently in place” would not only be in the UK’s best interests but also those of the other EU member states. Monday 20 February 2017 12:01 am Share “Getting the right Brexit deal for the UK, the EU 27 and global stability – one that is orderly and provides as much certainty as possible – is fundamental to ensuring that the UK remains an attractive and internationally competitive place to do business, and so is ensuring the right policy environment to enable it to prosper,” said Miles Celic, chief executive of TheCityUK.Other requests the lobby group, which has previously campaigned to remain in the EU, has for Philip Hammond include securing a smooth transition period for Brexit with clear interim arrangements, boosting regional growth and increasing the competitiveness of the tax regime without introducing any sudden changes.”Enhancing the clarity and competitiveness of the UK’s tax regime, bolstering national productivity and supporting innovation across the country should be key priority areas,” Celic added.Last month, a report from TheCityUK urged the government to treat Brexit as a once-in-a-generation opportunity to rejig trade deals to boost levels of trade and investment for the country.  Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamourWant Thicker Hair? Follow These 12 StepsVegamourHow Often Can You Dye Your Hair?VegamourTips & Tricks for Styling Thin HairVegamour16 Foods to Grow Your Healthiest Hair EverVegamour read more

Tesla shares plummet as Elon Musk faces criminal probe over going private comments

first_img“We respect the DOJ’s desire to get information about this and believe that the matter should be quickly resolved as they review the information they have received.”The Justice Department said it would not confirm, deny or otherwise comment on the existence of an investigation. Tesla shares plummet as Elon Musk faces criminal probe over going private comments Callum Keown whatsapp Shares in Tesla have plummeted after the US justice department launched a criminal investigation into Elon Musk’s comments regarding taking the company private.The company’s share price tumbled more than 4 per cent after it emerged that federal prosecutors had opened a fraud investigation, according to Bloomberg. The probe centres on statements Musk made on Twitter last month, in which he said he was considering taking Tesla private at a value of $72bn (£54bn) and had “funding secured”.Read more: Elon Musk’s ‘erratic behaviour’ causes bank to downgrade Tesla stockTesla confirmed it received a voluntary request for documents from the DOJ following Musk’s comments and said it had been “co-operative” in responding but had not received a subpoena.The electric carmarker’s shares have now fallen 21 per cent since Musk’s infamous Tweet on 7 August.At the end of August he said he would no longer be taking the company private following a backlash from shareholders. One of Tesla’s biggest bulls, Nomura Instinet analyst Romit Shah, downgraded the company from buy last week and said it was “no longer investable”, citing the “erratic behaviour” of Musk.The colourful billionaire has also been sued by British diver Vernon Unsworth after a bizarre outburst, again on Twitter, in which Musk called Unsworth a paedophile. He also came under fire for smoking cannabis on comedian Joe Rogan’s podcast, in what has been a tumultuous month.Read more: ‘It’s legal, right?’ Elon Musk smokes weed on podcastA series of high-profile departures, including that of chief accounting officer Dave Morton after just a month in the job, and HR executive Gaby Toledano have also rocked the company in recent weeks.In a statement, Tesla said: “Last month, following Elon’s announcement that he was considering taking the company private, Tesla received a voluntary request for documents from the DOJ and has been cooperative in responding to it. whatsapp Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com Tuesday 18 September 2018 7:02 pm The investigation will run alongside a separate Securities and Exchange Commission (SEC) civil inquiry into Musk’s comments, which many interpreted as an effort to undermine short-sellers who had bet against Tesla’s stock.Ross Gerber, chief executive of investment management firm Gerber Kawasaki, said: “The government will try to prove Elon Musk never wanted to go private and it was a fraud.“That seems like a very steep hill to climb – I get SEC and a fine.”In another blow for Tesla, Saudi Arabia’s sovereign wealth fund, which has built a $2bn stake in the company, invested $1bn into electric car rival Lucid Motors.The move will enable Lucid to start producing its first model in 2020.last_img read more

Coty’s chief executive resigns days after supply chain issues saw shares dive 22 per cent

first_imgMonday 12 November 2018 7:02 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.com Coty’s chief executive resigns days after supply chain issues saw shares dive 22 per cent Share James Warrington Tags: Trading Archive Coty has been plagued by supply chain problem since it bought beauty brands such as Cover Girl and Clairol from Procter & Gamble in a $12bn (£9.3bn) deal in 2016.The supply chain issues were worsened by Hurricane Florence, which disrupted product shipments in September.In its statement the company said it was beginning a “renewal process” and plans to add two new board members. center_img whatsapp whatsapp Coty chief executive Camillo Pane has stepped down with immediate effect due to family reasons, the company said today.The cosmetics company named Pierre Laubies, previously chief executive of coffee giant Jacobs Douwe Egberts (JDE), as Pane’s successor. Chairman Bart Becht said: “We are very grateful for Camillo’s many contributions to Coty during his time as chief executive.“We are all very thankful for Camillo’s valued service, his exemplary leadership and his passion for beauty and Coty’s brands and people over the last years.”Becht himself is stepping down from the chairman role, which director Peter Harf will fill effective immediately, while the board has decided to appoint Erhard Schoewel as its lead independent director.Coty’s share price grew three per cent on the news.The announcements come less than a week after Coty said temporary supply chain problems had caused a 7.7 per cent decline in its first quarter like-for-like sales. The company’s share price plummeted 22 per cent after the results were published.last_img read more

EU tensions over taxation, migration and Italy’s budget highlighted at the World Economic Forum in Davos

first_img EU tensions over taxation, migration and Italy’s budget highlighted at the World Economic Forum in Davos whatsapp Tags: Davos Tax whatsapp Share Rutte said western EU members had shouldered the burden of the refugee crisis in comparison to eastern countries.“There is a total lack of solidarity on the issue of the refugee problem… it can not be that countries like Germany, and the Netherlands and Sweden have to basically shoulder this burden,” he said.Rutte went on to say that the distrust created by the EU’s Commission’s treatment of Italy over its budget divided the EU between northern and southern countries.“[People ask] if Italy can get away with not implementing what we have collectively agreed ..why should we?” he said. “[It creates] distrust between north and south, and given those dividing lines I’m not optimistic about whether we can achieve on competitiveness, reform…and climate change.” Tensions between European Union members were highlighted today at the World Economic Forum in Davos, where leaders clashed over migration and taxation.Dutch prime minister Mark Rutte said the bloc was divided from north to south and east to west over action on refugees and the commission’s handling of Italy’s 2019 budget, creating a “total lack of trust” between members.  Thursday 24 January 2019 6:03 pm Polish prime minister Mateusz Morawiecki countered that the eastern European country had welcomed “millions” of refugees migrating from Ukraine.He added that the EU should crackdown on the use of tax havens that use their power “to the detriment of other countries.”Ireland has been slammed by other EU countries for its low corporate tax rate.Irish taoiseach Leo Varadkar said: “I think big companies should pay their taxes, should pay them in full and pay them where they are owed.” Jessica Clark last_img read more

Watchdog’s ban on ex-Barclays executive holding senior positions overturned

first_imgAn upper tribunal heard the case last year, and in findings published today upheld the public censure on the grounds that Tinney had “acted without integrity” when he gave the impression that the report did not exist. But it overturned a ban on him holding senior positions and cleared him of misleading the FCA and New York Fed during the case.  Barclays declined to comment on the case. whatsapp Tinney was previously found guilty of suppressing an independent report into Barclays Wealth’s US branch that criticsed management. The FCA ruled in 2016 that he should be publicly censured and banned from holding senior management positions at financial firms.  Anna Menin Friday 16 August 2019 12:33 pm A statement released through Tinney’s legal team said: “The FCA went after the wrong person.” It also accused senior management  in Barclays of having “scapegoated” Tinney.  Harvey Knight, a partner at Withers LLP, which represented Mr Tinney, said the upper tribunal’s judgement was “unprecedented” and said that the FCA “has serious questions to answer about why it decided to pursue this case”. Watchdog’s ban on ex-Barclays executive holding senior positions overturned Tinney, former chief operating officer of Barclays Wealth, was also cleared of misleading the Financial Conduct Authority (FCA) and the US Federal Reserve Bank of New York, but a finding he “acted without integrity” was upheld. Tinney challenged the decision, with his lawyer arguing the FCA had used “irrelevant” evidence from a former Barclays chief executive in an attempt to “prejudice” the case.  A ruling by the financial watchdog banning former Barclays executive Andrew Tinney from holding senior positions at financial institutions has been overturned.  whatsapp Share Responding to the tribunal’s findings, FCA executive enforcement director Mark Steward said: “Senior management must be held to high standards of integrity which is the fundamental cornerstone of good conduct in trusted markets. Mr Tinney failed to act with integrity in one telling instance which is enough to justify this censure.” Tags: Barclays FCAlast_img read more

UK government spending surplus shrinks in July

first_imgRead more: Sajid Javid quashes stamp duty speculation UK government spending surplus shrinks in July whatsapp Government spending is set to rise further when new chancellor Sajid Javid presents his budget this Autumn.  Read more: Chancellor Javid to simplify’ the tax system in Autumn budget It means the government is set to miss the spending forecasts set by its budget watchdog. In its analysis of the figures, the Office for Budget Responsibility (OBR) said central government sending was up 6.3 per cent for the year to date, well above its full-year forecast of a 3.3 per cent rise. Howard Archer, chief economic adviser to the EY Item Club, said: “July is typically a month where the public finances are in surplus” due to medium-sized and large companies making corporation tax payments and the second payments for self-assessment liabilities coming due. The government has already announced £2bn of extra spending to prepare for a no-deal Brexit. Prime Minister Boris Johnson campaigned for the Conservative party leadership on pledges of tax cuts and increased funding for schools and hospitals. The surplus was reduced by rising purchases of goods and staffing costs following the lifting of the one per cent pay cap for public sector workers. Receipts were dampened by lower proceeds from the Bank of England’s asset-purchasing programme. Wednesday 21 August 2019 10:34 am “Given the relatively small deficit last year, that translates into a 60 per cent rise in year-to-date borrowing,” the OBR said. whatsapp “But with the new administration signalling a change of direction on fiscal policy, it seems unlikely that changes to the OBR’s forecasts will be the binding constraint on policy that they have been in the past.” “But central government revenues were down 0.5 per cent on a year earlier, reflecting a combination of weak activity and the generous increases in income tax allowances which came into force in April.” Harry Robertson Share The UK government earned £1.3bn more in taxes than it spent in July 2019, official figures showed today, a smaller surplus than economists had expected. Analysts predicted a £2.7bn surplus in public borrowing in the first figures under new chancellor Sajid Javid, but higher spending and lower tax receipts reduced the gap. It was also considerably lower than the £3.5bn surplus seen in July 2018. Signage is pictured at the offices of Her Majesty’s Treasury building in central London on October 20, 2010. Britain’s government unveiled the harshest spending cuts for decades on Wednesday, slashing nearly half a million public sector jobs and taking the axe to welfare as it battles a record deficit. Osborne said the Conservative-Liberal Democrat coalition would make “unavoidable” cuts of 83 billion pounds (130 billion dollars, 95 billion euros) by 2014-15 under the comprehensive spending review. AFP PHOTO / CHRIS RATCLIFFE / POOL (Photo credit should read CHRIS RATCLIFFE/AFP/Getty Images) by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamazenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.combonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunMisterStoryWoman files for divorce after seeing this photoMisterStoryJournalistateTeacher Wears Dress Everyday, Mom Sets Up CamJournalistatelast_img read more

Dutch government to boost spending as king warns over Brexit

first_imgThe Dutch government has announced it will increase spending and reduce its budget surplus, days after the European Central Bank (ECB) suggested such a move could help boost Eurozone growth. The Netherlands’ King Willem-Alexander, speaking as Prime Minister Mark Rutte’s government announced its plans, said trade wars and worries over Brexit amounted to a “profit warning” for the country. BEIJING, CHINA – JUNE 27: Netherlands’ Prime Minister Mark Rutte speaks to China’s Premier Li Keqiang and Former UN Secretary General Ban Ki-moon during the Global Commission on Adaptation ceremony, at the Great Hall of the People on June 27, 2019 in Beijing, China. (Photo by Fred Dufour – Pool/Getty Images) whatsapp Harry Robertson On Thursday, Draghi said that “fiscal policy should become the main instrument” to boost inflation and growth and encouraged the surplus-running Dutch government to activate a €50bn investment programme. The modest spending increases mean the Netherlands will run a budget surplus – the amount it takes in taxes compared to what it spends – of about 0.3 per cent of GDP, down from 1.2 per cent this year. Share King Willem-Alexander highlighted Brexit as a particular worry. He said it is “a profit warning for the short term and the long term, that forces us to consider how the Netherlands will earn money in the future and remain a country with good social services”. Tuesday 17 September 2019 5:56 pm The government also pledged to lower corporation tax to 21.7 per cent in 2021 from 25 per cent. center_img (Image credit: Getty) Read more: ‘We had to respond’: ECB chief economist defends move to turn on stimulus taps The decision by the thrifty Dutch government to open its wallet came just days after ECB president Mario Draghi used his monetary policy press conference to say in strong terms that looser fiscal policy is needed to boost Eurozone growth. Read more: ECB turns stimulus taps back on with first rate cut in three years whatsapp Rutte’s government said that in 2020 it will spend €350m (£310m) on affordable housing, €300m on youth healthcare, €130m on immigration, and €60m on defence. The government today said it would finalise plans to create a national investment fund next year, letting it take advantage of record-low borrowing rates. The ECB predicts that the zone’s economy will grow by just 1.1 per cent in 2019 and 1.2 per cent in 2020. Inflation is predicted to be one per cent in 2020, half the ECB’s target. Dutch government to boost spending as king warns over Brexit and trade wars Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamaUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunUndolast_img read more

Business groups: Post-Brexit immigration system must suit firms

first_img Harry Robertson The letter was signed by the CBI, the British Chambers of Commerce, the Federation of Small Businesses, the Institute of Directors and Make UK as well as around 30 trade associations. Share But they said the new system must meet “business’ needs of all sizes, sectors and across all UK regions and nations”. The post-Brexit immigration system is a key issue for businesses (AFP via Getty Images) Friday 24 January 2020 12:45 am In their open letter, the business groups today welcomed reports that the government will scrap the £30,000 salary floor for skilled workers and a strict net migration target. The post-Brexit immigration system is a key issue for businesses (AFP via Getty Images) Also Read: Business groups: Post-Brexit immigration system must suit firms It said the changes “are welcome and have sent positive and important signals around the world that the UK is open for business”. The business groups laid out four key priorities for the post-Brexit system. Firstly, they said: “A minimum salary threshold can work if it is set at a level that supports the economy and protects wages.” whatsapp The new Conservative government has been pulled in different directions over immigration. Businesses believe a more open system is necessary to supply workers, but many Brexit voters in the Tories’ new-found seats in the midlands and north favour lower levels. Business groups: Post-Brexit immigration system must suit firms center_img In a pitch to Patel, they said: “Insight from enterprise can help build a points-based model that provides greater control, whilst providing access to the labour and skills needed to support the economy.” Prime Minister Boris Johnson has said the UK will adopt an Australian-style points-based system that will judge potential immigrants based on what the government thinks they would add to the economy. They went on to advocate flexibility for skilled workers to enter Britain through a points-based system; a temporary visa route to support all the economy’s sectors; and a radically reformed sponsorship process. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoNinjaJournalistMichael Jordan’s Divorce Settlement Has Finally Been Revealed.NinjaJournalistUndo They warned that the new system must provide “access to the labour and skills needed to support the economy” in an open letter to home secretary Priti Patel. The letter said the groups realised that high levels of immigration are not popular with everyone in Britain, saying: “The immigration system must change in order to rebuild public confidence.” whatsapp Show Comments ▼ Britain’s biggest business groups have offered the government their help in designing the post-Brexit immigration system amid fears that a more closed-off system could hurt UK firms. The post-Brexit immigration system is a key issue for businesses (AFP via Getty Images) Also Read: Business groups: Post-Brexit immigration system must suit firms last_img read more