UK immigration: Jump in accountancy and finance skilled non-EU workers as recruiters warn on visa rules whatsapp whatsapp Tags: employment and wages UK immigration UK jobs There has been a sharp rise in the number of non-European Union finance professionals coming to the UK, new figures show this morning, highlighting the importance of firms’ access to skilled non-EU workers. The number of accountancy and finance professionals who entered the UK in 2014 climbed to 3,204, according to data from the Home Office obtained by SJD Accountancy. It marks a 33 per cent jump on the 2,404 non-EU finance professionals that came to the UK in 2013. The figure has gone up 65 per cent since 2010. The number of work permits issued to accountancy and finance professionals is a statistically important metric of demand for accountancy and finance skills across the board, as well as for specific areas of shortage, SJD Accountancy said. “With the economic recovery gathering momentum, the skills shortage affecting the accountancy profession is worsening, making employers increasingly reliant on foreign skills to plug the gaps,” said Simon Curry, the chief executive of SJD Accountancy. He continued: “Part of the problem is that the larger firms cut back on recruitment and training during the downturn, leaving the wider profession facing a skills deficit.” City recruiters such as Robert Walters have warned that Tier 2 Visa rules, which cap the number of skilled workers coming to Britain, are making it difficult to plug skills gaps in the UK by bringing in non-EU workers. The rules also have a salary threshold, which the government is widely expected to raise. [custom id=”21″] Share Express KCS Show Comments ▼ Sunday 2 August 2015 11:16 pm
Meanwhile, Canada’s Prince Rupert port, a particular beneficiary of the congestion on the US west coast, yesterday announced that Maher Terminal, which operates its box facility, has signed off an expansion project that will see capacity increased by 500,000teu a year.This would take its total annual capacity to more than 1.3m teu, when completed in mid-2017.Eight new quay cranes will be added and the terminal’s on-dock rail will also be expanded through “densification of the current track configuration”.Maher Terminals chief executive Gary Cross said: “The two-berth, eight-crane operation that the expanded Fairview Container Terminal will provide, together with the intense focus on delivering industry-best dwell times, assures ocean carriers and beneficial cargo owners alike that the Prince Rupert gateway will continue to flourish as a premium service provider by remaining comfortably ahead of demand.”February volumes at Prince Rupert, which only launched box operations in 2007, were up 57% year-on-year to 55,000teu. By comparison, February 2014 alone saw 35,725teu handled.Long Beach’s Mr Slangerup admitted last week that the LA-Long Beach complex – by far the US’s largest container gateway – had been “blindsided” by the congestion issues that have plagued it for months, but he maintained that they would emerge from the experience stronger.“Our fundamental view is that the ‘new normal’ is going to be better than before and there is no option to that. We have to focus on evolving our port complex.“We are changing the way we do business; we are changing the role of the port authorities in this; we are becoming much more operationally involved and supportive; and we are continuing to make the kind of investments necessary, including $4.5bn in road and rail improvements.“We will be a lot better for this – but make no mistake, it has been a horrible and incredibly costly experience for us.LA executive director Gene Seroka admitted that more than 30% of the ports’ volumes could be at stake.“About a third of our cargo is purely discretionary and we have seen in the first couple of months this year much of this cargo moving away. Major retailers in Columbus, automotive manufacturers in Detroit and Tier two suppliers have introduced port diversification programmes – and we have to earn it back.”Asked if the ports could introduce tariff incentives to encourage greater efficiencies, Mr Slangerup responded: “Both ports have used tariffs as incentives, particularly on the environmental side, and that same concept could be applied to supply chain performance. The key thing is we have been given permission to begin the process of our groups working together on supply chain optimisation.“There’s no question we are evolving – we are not operating terminals, but we are going to be enablers of operations and it is our obligation to facilitate significant improvements in the entire supply chain. We intend to drill deeply down into the supply chain end-to-end; provide whatever resources we can, including IT, to really rebuild the supply chain around a demand planning information system that allows full visibility.“The bottom line is that whatever the tariff, if it can be applied to provide incentives to improve performance, we will do so.“This is all about velocity – our ability to be better than we have ever been and drive business and container volume through our ports, because we are deluding ourselves if we think we can compete globally based on substandard performance.Mr Slangerup also defended against the perception from outside the area that the port authorities and city municipalities had simply sat by and watched the chaos unfold.“In November, when things went sideways, both Gene and I mobilised a political effort to engage the White House and Congress, and both of us were often on the phone to the White House.“The great breakthrough was when the president assigned [labour secretary] Tom Perez to the negotiations, and it was extremely encouraging that he would spend an entire week shepherding this process to a resolution,” he said, although vowed that port authorities would become much more involved in future labour contract negotiations.“But we also learned a big lesson – we will never take for granted that this process is a co-operative process. In the future we will always this drive for a resolution right from the get-go,” he said. The chaos on the US west coast has forced port authorities in the region to reassess their role in both port operations and the wider supply chain.The Federal Maritime Commission has now having given the green light to a proposal from Los Angeles and Long Beach to form a joint working group.Jon Slangerup, Long Beach chief executive, told delegates at last week’s TPM conference in Long Beach that the first meeting would be held in the third week of March, as the two ports began the process of trying to hike efficiency levels to clear up the considerable container backlog that has built up in San Pedro Bay. By Gavin van Marle 11/03/2015
By Mike Wackett 14/09/2015 After racking up more than $400m of losses in the past two years, Maersk’s freight forwarding arm, Damco, returned to the black in the second quarter this year – and is “on track” to “deliver a small profit”.Then, at the end of the year, the group will review the long-term strategy for the company.Presenting at the Maersk Group Capital Markets day in Copenhagen last week, APM Shipping Services chief executive Morten Engelstoft said the troubled 3PL had, under the direction of its troubleshooting chief executive, Hanne Sorensen, undergone “a comprehensive but necessary transformation programme which resulted in large changes and losses in 2013 and 2014”.Damco chief executive Hanne Sorenson Damco headquarters in The Hague “We definitely still have a number of challenges,” said Mr Engelstoft, “we are not celebrating victory yet. In fact we are not even close, but we have seen good development. Damco did deliver a profit in the second quarter and we continue to see progress in the third quarter,” he added.Mr Engelstoft said the company was “focusing on restoring our performance within ocean and air forwarding, where we are especially starting to see good progress on our air freight business”, as well as building on the foundations of its supply chain management business, where he claimed “we have a leading position in the industry”.“The DNA of the Damco people in supply chain management is unique,” said Mr Engelstoft – especially in terms of “exploring, building and testing solutions with our customers” which, he added, “should not be underestimated and is very difficult to replicate by our competitors”.“We will continue to focus on further efficiencies, restoring our performance on forwarding, building on our strong position in supply chain management, and once we have established the strong foundation, we will then work out the longer-term strategy for the company,” he added.Damco’s woes can be traced back to its relocation from Copenhagen to The Hague in early 2013, a strategy that was, according to then chief executive Rolf Habben Jansen, designed to put the firm “closer to many of our customers”.Instead, not only did Damco lose a number of key people in the move, but competitors sensed a wounded animal and attacked the best bits of its business, and the people that went with it.In the past two years Maersk Group watched the subsidiary go from bad to worse, before radical action by Ms Sorensen seems to have turned the company around.So with Damco “back on track”, and its long-term strategy up for discussion, does its billing as an “uncomfortable fit” within the group mean its future lies elsewhere?
From left to right: Adrian Bradley, Chris Holland and Mark Steel Pall-Ex has made three new appointments, with Adrian Bradley coming on board as operations director, Chris Holland joining as director of IT and Mark Steel taking charge of sales and marketing.Mr Bradley brings 21 years’ of experience to the palletised freight network, having served across a variety of rolls at UPS and Fortec, most recently as the latter’s general manager of operations.Pall-Ex group managing director Kevin Buchanan said Mr Bradley’s industry expertise will bring fresh insight enabling the firm to remain “network of choice” for companies across the UK and Europe.As operations director of Pall-Ex, Mr Bradley will be responsible for the night operation, facilities management, health and safety, the transport team, and the operations teams.Mr Holland entered the logistics sector in 1998 as an analyst programmer for Christian Salvesen. He moved to Norbert Dentressangle after its acquisition of Christian Salvesen in 2005 as development solutions manager, and stayed with it until 2013 when he moved over to XPO Logistics as IT business solutions manager.Mr Holland’s focus at Pall-Ex will be on evolving the network’s Transport and Warehouse Information Network Environment (TWINE) IT management system, which went live in 2011 and allows network members to manage their own shipments, as well as Pall-Ex consignments.His first duty will be to perform a full analysis of the system’s architecture before advising and implementing upgrades to improve its speed, ease of use and reliability.“True market leaders are forward-thinking in terms of IT and not just reactive. Chris has a proven ability to design and develop logistics and transport solutions that offer clear benefits to all stakeholders,” said Mr Buchanan.“I’m genuinely excited to see the development of our IT offering over the coming months and years and, from what I’ve already seen, big changes are coming.”Mr Steel will take charge of corporate sales, field sales and customer services operation. Prior to joining Pall-Ex he was sales director of haulier Premier Logistics – the largest member of the Pall-Ex network. By Alexander Whiteman 18/10/2016
Home News Community Coronavirus Daily Noticeboard – Monday, June 22, 2020 NewsCommunity Coronavirus Daily Noticeboard – Monday, June 22, 2020 By Megan Shiel – 22nd June 2020 Pinterest WhatsApp In Pictures: Crowds gather at County Hall for protest over closure of Portlaoise Leisure CentreA crowd of around 300 people gathered outside Laois County Council buildings for a protest this morning over the closure of Portlaoise Leisure Centre.The march, organised by Leisure Centre manager Ben Smith, saw the protesters gather outside the now closed facility and then walk towards Laois County Council.Once there, Mr Smith presented Laois County Council Chief Executive John Mulholland with a petition containing 5,000 signatures of people who wish to see the centre reopen.You can read the piece in full here.United States: Florida and South Carolina break new-cases records for the third straight day.For the third straight day, Florida and South Carolina broke their single-day records for new cases, while infection levels for Missouri and Nevada also reached new highs on Saturday.And on Friday, the United States reported more than 30,000 new infections, its highest total since May 1, with cases rising in 19 states across the South, West and Midwest.You can read The New York Times piece in full here. RELATED ARTICLESMORE FROM AUTHOR Facebook Previous articleNew principal appointed in St Fergal’s College in RathdowneyNext articleJoe Mallon Motors Car of the Week: 201 Renault Kadjar from €65 per week Megan ShielMegan is currently studying English and New Media at the University of Limerick. A Raheen native, she’s happiest when talking sport, especially soccer but just don’t mention the 2019 champions league final Twitter Electric Picnic Electric Picnic Facebook Twitter WhatsApp Latest Figures1,717 people have now died from Coronavirus in Ireland – an increase of two from yesterday.While there has been a total of four new cases of Coronavirus have been diagnosed in Ireland today.There is now a total of 25,383 confirmed cases of COVID-19 in Ireland.In Laois, there has been an increase in the number of cases by one. There have now been 265 cases of Coronavirus.See Full Report HereIn Germany, the important R number of Covid-19 cases has risen to 2.88The COVID-19 R number in Germany has risen sharply in recent days, but health authorities have stressed that the rise is mainly due to smaller regional outbreaks.A further 687 new cases were noted in the country yesterday by the Robert Koch Institute, but 549 of these came from the North Rhine-Westphalia region of the country.The all-important R number over the last four days is 2.88. This reproductive rate roughly means that for every 100 people infected with Covid-19, they will pass it on to 288 people.You can read the full report here. Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Pinterest Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role News TAGSCoronavirusCoronavirus Daily Noticeboard Electric Picnic organisers release statement following confirmation of new festival date ‘That opt-in or opt-out clause applies for referees as much as players’ – concern among officials ahead of GAA returnMeath Official David Coldrick says several referees have serious concerns surrounding the GAA’s accelerated return.It was announced last week that club teams can return to contact training on 29 June, though 20 July was the initial date for that progression.You can read The 42 piece in full here.‘This pandemic is still accelerating’: Biggest global daily increases in Covid-19 cases recorded over weekendThe world saw the largest daily increases yet in coronavirus cases over the weekend while infections slowed in China and South Korea, suggesting progress in stemming their newest outbreaks.Despite clear progress in containing the virus in some regions, especially those that saw early outbreaks, globally the number of new virus cases has soared in recent days. In Brazil, Iraq, India and the United States, hospitals are scrambling to cope.You can read the full report here. Novak Djokovic under fire after two players test positive for Covid-19 following his exhibition eventWorld No.1 Novak Djokovic has come under fire after his ambitious Adria Tour tennis roadshow was brought to a sudden halt after two competing players confirmed they have contracted the Covid-19 virus.World No.19 Grigor Dimitrov posted a social media message on Sunday revealing he had received a positive coronavirus test, with Borna Coric also confirming his positive test after he played Dimitrov in Croatia last weekend.You can read the Independent piece in full here.Spain reopens to tourists as lockdown ends amid surge in global spreadSpain reopened its borders to European tourists yesterday in a bid to kickstart its economy.Spain yesterday ended a national state of emergency after three months of lockdown, allowing its 47 million residents to freely travel around the country for the first time since March 14.Spain also dropped a 14-day quarantine for visitors from Ireland, Britain and other European countries to boost its vital tourism sector.You can read the full report here.Restaurants seek €1.8bn bailout amid threat of 50% closuresThe Restaurant Association of Ireland is seeking a package of supports totalling €1.8 billion, amid claims that one in every two businesses in the industry faces closure as a result of damage caused by the coronavirus crisis.The lobby group is looking for the State’s subsidised wages scheme, which has supported the income of almost 500,000 workers across the entire economy in recent months, to be extended beyond the current scheduled expiry in August.You can read The Irish Times piece in full here.
News North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) Ordinary Pyongyang residents have not received government rations since mid-April News Hamhung man arrested for corruption while working at a state-run department store Facebook Twitter Daily NKQuestions or comments about this article? Contact us at [email protected] SHARE News By Daily NK – 2016.08.10 10:22am Since the last market update, Daily NK’s sources have reported a slight rise in commodity prices and drop in exchange rate dropped, in line with trends for the same period last year.One kilogram of rice cost 5,250 KPW in Pyongyang, 5,360 KPW in Sinuiju, and 5,500 KPW in Hyesan. A kg of corn [kernels] cost 1,380 KPW in Pyongyang, 1,250 KPW in Sinuiju, and 1,300 KPW in Hyesan. The dollar exchange rate was 8,212 KPW in Pyongyang, 8,260 KPW in Sinuiju and 8,285 in Hyesan. The yuan exchange rate dipped to 1,250 KPW in Pyongyang, 1,200 in Sinuiju, and 1,205 KPW in Hyesan. Pork prices per kilogram rose slightly, to 10,700 KPW in Pyongyang, 10,500 KPW in Sinuiju, and 10,000 KPW in Hyesan. The price of gasoline rose slightly in Pyongyang and Sinuiju, fetching 6,500 KPW and 7,200 KPW, respectively. In Hyesan, however, the cost of gasoline dropped to 7,550 KPW in Hyesan. Diesel prices dropped to 4,500 KPW per kilogram in Pyongyang, but remained unchanged at 5,500 KPW in Sinuiju and Hyesan.*This segment reflects conditions from July 28-August 10. Commodity prices up, exchange rate down News RELATED ARTICLESMORE FROM AUTHOR
FCA seeks consumer duty standards The North American Securities Administrators Association (NASAA) said Friday that it supports a recommendation by the U.S. Securities and Exchange Commission’s Investor Advisory Committee (IAC) calling for broker-dealers to be held to a fiduciary standard when they provide personalized investment advice to retail investors. NASAA president and Ohio Securities Commissioner, Andrea Seidt, endorsed the IAC’s recommendation. “A fiduciary standard for broker-dealers will guarantee that all financial professionals providing investment advice will act in the best interests of their clients, and in turn, enhance investor confidence in the financial services industry and securities markets,” she said. FINRA to focus on retail investors in its reviews this year “Establishing a uniform fiduciary duty standard governing the conduct of broker-dealers and their agents is crucial for the protection of investors,” she added. “Most investors cannot distinguish broker-dealers from investment advisors, nor do they understand the different legal standards applicable to either. As a result, many investors are confused and unable to make informed decisions about which type of financial professional to retain.” Seidt added that NASAA also supports the committee’s call for legislation to fund investment advisor examinations. And, NASAA calls on the SEC and the U.S. Congress to take swift action both recommendations. Fiduciary duty breach caught by whistleblower Share this article and your comments with peers on social media Facebook LinkedIn Twitter Keywords Best interest standard, Fiduciary dutyCompanies North American Securities Administrators Association Related news James Langton
macfromlondon/123RF FP Canada, IQPF update projection assumption guidelines amid pandemic Keywords Financial planning, AwardsCompanies PlanPlus Global Inc. “Light planning” could expand access to financial advice Lindsay, Ont.-based PlanPlus Inc. has announced the launch of its third annual Canadian Financial Planning Awards competition.The winners of the competition will be recognized at the Canadian Institute of Financial Planners (CIFPs) 16th annual conference in Halifax. Winners will then move on to compete in the PlanPlus Global Financial Planning Awards Americas region competition. Related news FSRA updates title reg proposal Leah Golob The competition is open to any Canadian advisor who holds a recognized professional designation. Candidates must also be in good standing with a financial planning association or other professional body, and run their practices using a fiduciary standard.To apply, planners must submit a client’s written financial plan, which is redacted to protect client confidentiality. An international panel of expert judges will review submitted plans to determine which one created the greatest value for the client. In doing so, they evaluate over twenty aspects of each plan.“Supporting organizations play a large role in the process as we are dependent on them to get the word out to their members,” says John Page, chairman and head adjudicator of both the Canada and Global Financial Planning Awards competitions, in a statement.“This year’s competition is supported by our founding sponsor The Canadian Institute of Financial Planners, as well as the Institute Québecois de Planification Financière and the Institute of Advanced Financial Planners. We have also received the support of the Financial Planning Standards Council and our top corporate support the Investment Planning Counsel.”Adds 2017 award winner Paul Tyers, managing director of Toronto-based Wealth Stewards Inc., in a statement: “Our entry into the PlanPlus Global Financial Planning Awards competition helped us at Wealth Stewards to relook at the clarity of our financial plan users. This benefit accrued to our current client as well as new clients. Having experienced success in the competition, the benefit has been felt tangibly through more referrals from CPAs and our clients.Jason Pereira, partner and senior financial consultant with WoodGate Financial Inc. and Mark LeClaire, director of estate and financial planning services at Sun Life Financial (Canada) Inc., both based in Toronto, also won the PlanPlus award in 2017. Share this article and your comments with peers on social media Facebook LinkedIn Twitter
RelatedFarmers to be Educated on Impact of Climate Change FacebookTwitterWhatsAppEmail As climate change continues to impact the globe, effort is being made locally to allow Jamaica to play its part in combating this phenomenon.To this end, 50 community-based adaptation projects are to be implemented, some of which are geared towards the agriculture sector and are being made possible under the small grants programme of the Global Developmental Facility.Speaking at a JIS Think Tank session, Clifford Mahlung, Project Manager at the Meteorological Service of Jamaica said, “We will be able to get the farmers more knowledgeable about the topic of climate change and assist in providing some of the solutions”.He explained that among the expectations resulting from climate change are prolonged drought conditions particularly between the months of June and August.Jamaica, he noted, may have to consider new varieties of crops as meteorologists are projecting that climate change will have a severe impact on the agriculture sector.Mr. Mahlung, who is Jamaica’s chief negotiator on climate change and a recent appointee to the Kyoto Protocol’s Clean Development Mechanism, was addressing the impact of climate change on Jamaica’s agriculture and giving an update on initiatives on climate change, following the international meeting in Bali in December.Pointing out that the current varieties of crops may not provide high yields as expected due to changes in the climate such as higher temperatures, Mr. Mahlung noted that new crops would have to be Jamaica’s answer to the changes.Turning to the prolonged drought conditions that are expected, he said that as a result of the protracted dryness, farmers will be required to utilize more water in the production of crops. This means that farmers will be faced with an additional cost. “There will be a greater need for irrigated water to grow crops, and irrigated water is more costly than water that is acquired by rainfall,” he explained.To combat the cost factor, the Project Manager noted that a thorough assessment must be carried out in order to provide additional water supply to the areas, which will be experiencing the most dryness. “It means therefore that in the dry areas we will have to look at how we can provide water supply in terms of canals that can supply water to the farmers,” he said.He informed that farmers of St. Elizabeth frequently experienced drought conditions and are still able to produce high yields. Therefore, a project to link climate change to biodiversity is being scrutinized and will document some of the farming practices being employed by these farmers. The information will be presented to other farmers locally, regionally, and internationally.Since the start of the 1990s, climate change and its impact has become an international concern. It is caused by global warming which is as a result of a high concentration of the green house gases Carbon Dioxide, Methane and Nitrous Oxide which is emitted by fossil fuel. RelatedFarmers to be Educated on Impact of Climate Change RelatedFarmers to be Educated on Impact of Climate Change Farmers to be Educated on Impact of Climate Change UncategorizedFebruary 22, 2008 Advertisements
RelatedGG Launches Lions Club’s White Cane Month RelatedGG Launches Lions Club’s White Cane Month FacebookTwitterWhatsAppEmail Governor-General, His Excellency, the Most Hon. Dr. Patrick Allen, O.N., on Wednesday (Mar. 4), officially launched the Kingston Lions Club’s White Cane Month, during their weekly luncheon at the Jamaica Pegasus Hotel, New Kingston.In a brief address, Dr. Allen highlighted the record of outstanding voluntary service which the Lions Clubs have given to Jamaica, noting that the organization has celebrated White Cane Month every March since 1965.He said that over the years, the Lions Clubs have organised and embarked on initiatives aimed at early detection of eye diseases, and have helped the visually impaired to develop a renewed sense of hope and self confidence in their ability to succeed.Governor-General, His Excellency, the Most Hon. Dr. Patrick Allen (left), is greeted by President of the Lion’s Club of Kingston, Barry Colquhoun (right), during the organization’s weekly luncheon at the Jamaica Pegasus Hotel on Wednesday (March 4). Dr. Allen was guest speaker at the function, during which he officially launched the organization’s activities commemorating March as White Cane Month. At centre is past club president, Alfred Thomas.Activities for White Cane Month activities have served to heighten awareness of and solicit support for the challenges of the visually impaired, he added.“White Cane Month, this year, provides us with a great opportunity, not only to highlight the plight of the blind and the visually impaired, but also to draw the attention of the sighted to our responsibility to see to it that we do everything possible to prevent blindness and, at the same time, to be sensitive to the needs of those who have lost their sight,” he said.Dr. Allen also referred to the Lions national census project, launched in March, 2008, which aims to formally register and create a databank of Jamaica’s estimated 23,000 visually impaired.Governor-General, His Excellency, the Most Hon. Dr. Patrick Allen (left), is greeted by Director of the Lion’s Club of Kingston, Major Desmon Brown, on his arrival at the Jamaica Pegasus Hotel on Wednesday (March 4), where he addressed the organization’s weekly luncheon, as well as officially launched activities commemorating March as White Cane Month.He pointed out that over 200 persons have been registered since the exercise commenced in October, 2008.The information allows the Lions Clubs, as well as organizations such as the Jamaica Society for the Blind, the Adult Blind Club of Jamaica and the Salvation Army School for the Blind, to determine the needs and develop better responses to these persons.Dr. Allen was bestowed with honorary membership in the Lions Club of Kingston at the meeting. GG Launches Lions Club’s White Cane Month Governor GeneralMarch 4, 2009 RelatedGG Launches Lions Club’s White Cane Month Advertisements