In a logical world, the EU would never risk the fallout of Britain crashing out with no deal at all

first_img In a logical world, the EU would never risk the fallout of Britain crashing out with no deal at all Tags: Brexit People Theresa May At a dinner the other week, a friend of mine wondered whether Theresa May would have been treated with quite so much patience, forbearance and courtesy by her EU colleagues had she not been a woman. It’s a fair question.Her reportedly dismal performance at the EU summit on 21 March must have been enough to make everyone present tear their hair out. With no plan put forward in the event that her deal is once again voted down in parliament (which seems likely now she has made enemies of almost all MPs), the European Council was forced to take matters into its own hands. Read more: A Norway Plus compromise is the worst of both Brexit worldsThe approach offered is an elegant one. If the deal is approved, an extension until May allows the necessary legislation to be passed. If the deal is voted down, the UK will have two weeks to decide what to propose next. The new Brexit date in those circumstances is set at 12 April.Or is it? Can the EU really contemplate a no-deal exit? I would argue that it is difficult, if not impossible, for the EU to do so.The deal is stuck in the UK parliament for one reason and one reason only: the Irish backstop arrangements. These are deemed essential by the EU, whose leaders will not countenance a hard border in Ireland. They have stood steadfastly by the Irish government in their implacable resistance to removing the backstop or making it unambiguously time-limited.If it were not for the backstop, it is highly likely that the withdrawal agreement could have sailed through parliament. Share whatsapp Or would it prefer a no-deal exit which ensures that the very thing that has destroyed the possibility of a deal – the Irish border question – actually comes to pass immediately?It is not clear to me how and why the EU could possibly prefer the latter option. It would be a clear case of cutting off your nose to spite your face.Read more: Brexit live: Rees-Mogg throws support behind May’s dealAnd which option would the Irish government prefer? Would it really hold out for an unmodifiable backstop if the alternative were a hard border today and having to carry the political fallout? Such stubbornness does not make logical sense.But then again, much of what has happened around the Brexit debate is entirely illogical. And so it will continue while May remains Prime Minister. All the runes suggest that may not be for long. City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. But it is obvious (though nobody seems to have said it loud and clear) that a no-deal Brexit would require a hard border in Ireland.The UK has already stated that it would not enact such a border. It would therefore be left to the Irish to do so, and to carry the political fallout from such border infrastructure.Whether such a unilateral arrangement can last is debatable. But it does not have to last long for it to have a significant short-term political effect.If the UK continues to reject the withdrawal agreement because of the backstop, the EU will have a choice: stick by the position that the agreed text is sacrosanct and opt for a no-deal Brexit; or modify the backstop. Both these choices involve throwing Ireland to the wolves – something that the EU has, so far, refused to contemplate.In those circumstances, would the EU prefer a deal that, by making the backstop clearly time-limited, minimises the economic cost of Brexit for all parties and avoids a hard Irish border in the short term at least, while creating a strong incentive for both parties to reach a workable future relationship?center_img Tuesday 26 March 2019 11:26 am Opinion whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. 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G4S to spin off cash handling business as it posts profit fall

first_img Share What G4S said Harry Robertson whatsapp G4S’s earnings per share fell to 3.8p from 6.8p a year previously.  The firm will now focus solely on its security business, through which it runs prisons and detention centres across Britain. Its revenue rose, however, reaching £3.8bn in the second half compared to £3.7bn in the same period in 2018. Chief executive Ashley Almanza said: “Our separation review is now complete and the board has approved the separation of cash solutions from the group. As a result, we have set in train plans for the demerger of cash solutions in the first half of 2020.  whatsapp G4S’s statutory profit before tax fell to £108m in the six months to 30 June, down from £142m a year earlier. WIMBLEDON, ENGLAND – JUNE 27: Members of G4S security work near Murray Mound as Andy Murray of Great Britain plays his Gentlemen’s Singles third round match against Roberto Bautista Agut of Spain on day five of the Wimbledon Lawn Tennis Championships at the All England Lawn Tennis and Croquet Club on June 27, 2014 in London, England. (Photo by Dan Kitwood/Getty Images) Its operating cash flow also fell to £189m in the second half from £251m a year earlier. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org The sight of G4S’s blue armoured vans transporting cash around the country could become a thing of the past as it turns to focus on its security operations. Its cash solutions business, which includes a network of cash machines, contributed under a fifth of revenues in 2018. Why it’s interesting G4S to spin off cash handling business as it posts profit fall On the financial results, he said: “In the first half of this year, our improving sales performance in both secure solutions and cash solutions saw the group deliver underlying revenue growth of 4.7 per cent. This growth together with new contract wins, supports our medium-term revenue goal of four to six per cent per annum.”  G4S has said it will spin off its cash handling business, a move which could see its armoured vans come off British streets, as the UK contractor posted a fall in pre-tax profit in half-year results today. The move follows the launch of a review in December 2018 into separating its two main businesses. G4S said it has received a number of unsolicited expressions of interest from third parties to acquire parts or all of the cash solutions businesses. The figures (Image credit: Getty) “We believe that this will create two strong, focused businesses each with the clear potential to capitalise on market leading positions and to unlock substantial value for customers, shareholders and employees.” Friday 9 August 2019 8:48 amlast_img read more

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Royal Mail braces for Christmas strike chaos

first_img Parcel pandemonium: Royal Mail braces for Christmas strike chaos whatsapp James Warrington Share Sunday 13 October 2019 7:01 pm Read more: Royal Mail launches search for new UK director The planned strike, which could be the postal service’s largest strike action in more than a decade, comes in protest at a raft of issues, including pay and conditions. If passed, the ballot is expected to lead to a mass walkout over the Christmas period or on Black Friday at the end of November, the Sunday Times reported. LONDON, ENGLAND – SEPTEMBER 18: A Royal Mail Properties and Facilities Solutions team re-paints a postbox in the iconic colour known as “Pillarbox Red” near Westminster Abbey on September 18, 2019 in London, England. The Royal Mail aims to re-paint every postbox every three years, using the regulation paint colours Royal Mail red (colour ref no. 538 BS381C) and Black (colour ref no. 00E 53, BS4800). (Photo by Leon Neal/Getty Images) The CWU has also criticised boss Rico Back over an apparent threat to Royal Mail’s universal service obligation, which requires it to deliver anywhere in the UK six days a week for a set price. It comes in a period of upheaval for Royal Mail, which has suffered a share price drop of more than 45 per cent in the last year as it struggles to fend off competition from rivals such as Hermes and Whistl. Letter and parcel deliveries could be thrown into disarray over Christmas as Royal Mail workers threaten to launch strike action. The company last week appointed headhunters to search for a director to help turnaround its struggling UK business. “Industrial action – or the threat of it – undermines the trust of our customers. It makes it harder for Royal Mail to pay for the existing industry-leading terms and conditions it provides.” “We all want a successful and sustainable company that provides good quality jobs, fairness in workloads, and continues delivering a sustainable universal service,” said Shane O’Riordain, the Royal Mail’s managing director of regulation and corporate affairs. Main image credit: Getty Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoNoteableyJulia 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 FactoryUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamaUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoJournalistateTeacher Wears Dress Everyday, Mom Sets Up CamJournalistateUndoNinjaJournalistMichael Jordan’s Divorce Settlement Has Finally Been Revealed.NinjaJournalistUndo Read more: Over 100,000 Royal Mail workers to vote on strike action Royal Mail said it was committed to “open and constructive engagement” with the CWU. More than 100,000 members of the Communication Workers Union (CWU) have been balloted over strike action, with the results expected on Tuesday. whatsapp Tags: Royal Maillast_img read more

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Premium / Supply chain radar: APMM hunts bolt-on deals, hopes to hedge new low-sulphur regulation risk

first_img Please Login Premium subscriber LOGIN LOGIN Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium << Go back Danish shipping behemoth AP Møller–Mærsk (APMM) has an interesting take on what’s happened to world trade in the wake of Donald Trump’s face-off with China.Its half-year report outlines some not-bad financial performance compared to last year (read our coverage here and here) but a great deal about strategic insight at the world’s biggest container line, and by extension, about world trade.Also in its presentation last week, it wasn’t shy to confirm it’s looking for deals, albeit only of a smaller size, ... New Premium subscriber REGISTER Reset Your Password Forgotten your password? Please click here Please either REGISTER or login below to continue By Mike Weir 23/08/2019 Email* Email* Password* Resetlast_img read more

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News / UKWA and FTA call for government help to prevent logistics bankruptcies

first_img© Monkey Business Images By Gavin van Marle 28/04/2020 UK logistics representatives have renewed calls on the government to step in with financial assistance to the sector, warning that scores of businesses are on the verge of bankruptcy.Freight Transport Association (FTA) chief executive David Wells today lambasted banks for either stalling or ignoring businesses that have applied for the Coronavirus Business Interruption Loan Scheme (CBILS), for which UK chancellor Rishi Sunak earmarked £330bn to be administered by banks to help businesses survive the pandemic.“It seems banks are simply not listening to the chancellor and are failing to process applications for financial support from stricken businesses quickly enough,” said Mr Wells.“Our concern, and that of our members, is that banks are getting in the way of the application process for CBILS, either because they still want to offer loans on their own commercial terms, or because their own processes are taking up too much time.”According to an FTA poll of supply chain businesses, nearly 25% of logistics companies face insolvency in the next eight weeks, while 80% need better access to CBILS to survive.“These figures are very concerning,” said Mr Wells. “Businesses across our sector have seen a major decline in revenue, for some up to 100%, and these organisations have only survived thus far by deferring payments for VAT, PAYE, NI and asset leases.“To date, I have not heard of a single business across logistics and supply chains that has been granted a CBILS loan. Time is fast running out for the industry charged with keeping Britain trading.“The chancellor needs to take an urgent look at the processes in place and identify the roadblocks preventing vital funding reaching those most in need of CBILS support,” he said.And Peter Ward, chief executive of the UK Warehouse Association (UKWA), yesterday urged Mr Sunak to consider pushing through a six-month business rates “holiday” for warehouse operators, especially those which serve non-essential sectors such as clothing and non-FMCG goods and are still receiving products as imports continue to arrive at ports.“They remain operational, trying to find additional storage space, unable to furlough staff and face a massive drop in income,” he said. “It is important the government understands that warehouses thrive on churn, namely handling, packaging and distributing orders, rather than on storage alone.“Indeed, a survey of 100 of our members last week revealed that, for 70% of respondents, storage charges represented less than 50% of income. This means  holding goods for customers, rather than receiving, handling and then distributing, has hit profitability hard.”Although business rates are levied by local authorities, Mr Ward claimed a government commitment to support warehouses with a six month holiday – “ideally back-dated to March, would help immensely, reducing overheads during a period when income is severely reduced and customers are slow, or unable, to pay their bills”.last_img read more

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Blowing smoke: Profit motive — and scant evidence — propel dire warnings about surgical fumes

first_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. @ushamcfarling Blowing smoke: Profit motive — and scant evidence — propel dire warnings about surgical fumes National Science Correspondent Usha covers the toll of Covid-19 as well as people and trends behind biomedical advances in the western U.S. What’s included? Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Log In | Learn More STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Usha Lee McFarling About the Author Reprintscenter_img [email protected] Tags cancernursingphysicianspolicystates GET STARTED What is it? Special Report The claims sound terrifying:Just breathing the air in an operating room where hot surgical tools are being used to slice and cauterize tissue — emitting puffs of caustic smoke in the process — is said to be the equivalent of smoking up to 30 unfiltered cigarettes a day. The smoke contains an array of carcinogenic toxins. And nurses regularly exposed to it report they are are twice as likely as the general public to suffer congestion, coughing, and asthma. Dom Smith/STAT By Usha Lee McFarling May 11, 2017 Reprintslast_img read more

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New Government cabinet announced – but no Laois involvement

first_img New Government cabinet announced – but no Laois involvement News By Steven Miller – 27th June 2020 Twitter Pinterest Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role WhatsApp Pinterest RELATED ARTICLESMORE FROM AUTHOR Twitter Home News New Government cabinet announced – but no Laois involvement NewsPolitics WhatsApp Electric Picnic Facebook Facebook Previous articleCoronavirus: Six more deaths and 23 new cases as ‘worrying trend’ among under 35sNext articleLocal TD says students are still waiting to receive accommodation refunds Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. Taoiseach Micheal Martin has unveiled his new Government cabinet, an historical appointment that sees six ministerial positions for Fianna Fáil and Fine Gael and three for the Green Party.There is no place, however, for Laois Fine Gael TD Charlie Flanagan, bringing to an end his six-year spell as a senior Government minister.Deputy Flanagan has been Minister for Justice and Equality since June 2017 having previously spent three years as Minister for Foreign Affairs and Trade and prior to that a very brief spell as Minister for Children and Youth Affairs.Eoghan Murphy, Josepha Madigan, Richard Bruton and Joe McHugh are among the other FG outgoing ministers not to be retained.Flanagan is succeeded in the Justice portfolio by his party colleague Helen McEntee from Meath.There is also no place at the cabinet table for Fianna Fáil TD Sean Fleming, one of the party’s longest-serving members of the Dáil.However, Barry Cowen’s appointment as Minister for Agriculture and one of Fianna Fáil’s six ministers means that the constituency will have a voice at cabinet.And it’s believed that Green Party Senator Pippa Hackett from Geashill is to get one of the ‘super junior’ minister roles with responsibility for Land Use and Biodiversity in the Department of Agriculture.Though not unprecedented it is unusual for a Senator to get such a role. She will sit at cabinet but won’t have a vote.As well as Martin, Michael McGrath (Finance), Barry Cowen (Agriculture), Darragh O’Brien (Housing), Norma Foley (Education) and Stephen Donnelly (Health) make up Fianna Fáil’s front bench. Deputy Leader Dara Calleary has to be content with the Chief Whip’s job and Fianna Fáil’s ‘super junior’ ministry.Donnelly takes over the Health Minister’s role from his Wicklow constituency colleague Simon Harris, who moves to a new role in Higher Education, Innovation and Research.The new Government comes after Micheal Martin was earlier elected Taoiseach by 93 votes to 63, following the support of his Fianna Fáil party, Fine Gael, the Greens and nine independent TDs.The full cabinet is as follows:Taoiseach – Micheal Martin (Fianna Fáil)Tanáiste – Leo Varadkar (Fine Gael)Foreign Affairs – Simon Coveney (Fine Gael)Health – Stephen Donnelly (Fianna Fáil)Finance – Paschal Donohoe (Fine Gael)Public Expenditure and Reform – Michael McGrath (Fianna Fáil)Justice – Helen McEntee (Fine Gael) Higher Education, Innovation and Research – Simon Harris (Fine Gael)Housing – Darragh O’Brien (Fianna Fáil)Social Protection – Heather Humphreys (Fine Gael)Education – Norma Foley (Fianna Fáil)Agriculture – Barry Cowen (Fianna Fáil)Transport, Climate Action and the Environment – Eamon Ryan (Green Party)Media, Tourism, Arts, Culture, Sport and the Gaeltacht – Catherine Martin (Green Party)Children and Disability – Roderic O’Gorman (Green Party)Chief Whip – Dara Calleary (Fianna Fáil)SEE ALSO – Coronavirus: Six more deaths and 23 new cases as ‘worrying trend’ among under 35s Electric Picnic TAGSBarry CowenCharlie FlanaganFianna FailFine GaelGreen PartyMicheal MartinPippa HackettSean Fleming Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Electric Picnic organisers release statement following confirmation of new festival datelast_img read more

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Grants of up to €4,000 available to Laois businesses for outdoor dining equipment

first_img Previous articleDeaths in Laois – Thursday, April 22, 2021Next article‘I think they have to give 2-3 weeks after Laois are finished’ says county star on outstanding club championship Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Facebook Home News Council Grants of up to €4,000 available to Laois businesses for outdoor dining… NewsCouncil Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 months Twitter Grants funding totalling 75% of a maximum of €4,000 is available for a new Laois County Council and Failte Ireland scheme aimed at making businesses capable of providing outdoor facilities.According to Georgina Ireland of Laois County Council, the focus of this scheme is to provide a level of financial support to tourism and hospitality businesses, throughout the county, to purchase or upgrade equipment to provide additional outdoor seating and, therefore, increase their outdoor dining capacity for the summer of 2021.She said: “This scheme will financially assist and support independent tourism and hospitality business owners to create outdoor dining experiences in a regulated and accessible manner.“Funding under the scheme is only available to existing businesses.“The Outdoor Seating and Accessories for Tourism & Hospitality Business Scheme will be administered through Local Authorities and each local Authority has the right to use their discretion in regard to their process and the development of appropriate terms and conditions that are appropriate for their respective streetscapes, businesses etc.“All applicants will be required to comply with planning codes, legislative requirements and other compliance requirements.”The scheme is open to attractions, hotels, restaurants, cafes, public houses or other tourism and hospitality businesses where food is sold for consumption on the premises, and that have no commercial rates outstanding to Laois County Council or have an agreed payment plan in place.Items considered eligible for the grants include: tables, chairs, umbrellas, electric heaters, screens/windbreaks, plant stands and wooden platform. RELATED ARTICLESMORE FROM AUTHOR Speaking at yesterday’s meeting of the Portlaoise Municipal District, Director of Services Simon Walton said that there has, since the scheme opened last week, been 15 expressions of interest and six applications.In addition to that, he said that Laois County Council had identified four areas that could be made into outdoor seating hubs in Portlaoise – Top Square, Main Street, Hynds Square and the area near the Bank of Ireland in Lyster Square.He said that so far, the Council had purchased seven picnic tables and seven benches – with plans to purchase another 15.County Councillors roundly welcomed this development and said that every effort should be made to help the hospitality and tourism sector.They were also told that if businesses share or are located in the same area, they can share projects between them.Cllr Willie Aird said that Gardai needed to be informed of this so that they could be ready to act should any anti-social behaviour occur.For further information on available grants and an expression of interest form, you can check it out here.SEE ALSO – Plans submitted to build additional homes in two existing Laois housing estates Grants of up to €4,000 available to Laois businesses for outdoor dining equipment Council Electric Picnic Pinterestcenter_img By Alan Hartnett – 22nd April 2021 Twitter Electric Picnic Facebook WhatsApp Electric Picnic organisers release statement following confirmation of new festival date Pinterest Electric Picnic apply to Laois County Council for new date for this year’s festival TAGSLaois County Counciloutdoor seating WhatsApplast_img read more

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Fed keeps key interest rate unchanged while signalling future hikes

first_imgFederal reserve building, Washington DC tananu9/123RF Share this article and your comments with peers on social media Related news The Fed projected in June four rate hikes this year, up from three in 2017. Private economists expect the next interest rate hike to occur at the September meeting.In a brief policy statement, the Fed notes a strengthening labour market, economic activity growing at “a strong rate” and inflation that’s reached the central bank’s target of 2% annual gains.Although officials saw the economic risks as roughly balanced, there was no mention in the statement of what many economists see as one of the biggest risks at the moment: rising tariffs on billions of dollars of U.S. exports and imports that have been imposed as a result of U.S. President Donald Trump’s new get-tough approach on trade.The Fed’s statement did not make any mention of the rising trade tensions or of recent criticisms Trump has lodged against the Fed’s continued interest rate hikes. Instead, the statement was decidedly upbeat about the economy, using the word “strong” three times in the opening paragraph to describe various developments.The Fed’s decision was approved on a unanimous 8-0 vote. It was little surprise, given that this meeting followed a June session in which the Fed took several steps, including raising interest rates by another quarter-point and changing its projection for hikes this year to four from three.The March and June interest rate hikes followed three hikes in 2017 and one each in 2015 and 2016. The Fed’s key policy rate is still at a relatively low level. However, it’s up from the record low near zero where it remained for seven years as the central bank worked to use ultra-low interest rates to lift the economy out of the Great Recession.The string of quarter-point rate hikes is intended to prevent the economy from overheating and pushing inflation from climbing too high. But higher rates make borrowing costlier for consumers and businesses and can weigh down stock prices. Trump has made clear he has little patience for the Fed’s efforts to restrain the economy to control inflation.“Tightening now hurts all that we have done,” Trump tweeted last month, a day after he said in a television interview that he was “not happy” with the Fed’s rate increases.Over the past quarter-century, presidents have maintained silence in public about Fed actions, believing that lodging complaints would be counterproductive. That’s because it could produce even faster rate hikes if the central bank feels the need to convince financial markets that it will not yield to political pressure and allow inflation to rise to worrisome levels.At the moment, economic growth is strong, rising at an annual rate of 4.1% in the quarter ended June 30, the best showing in almost four years. Unemployment is at a low 4%, and some analysts believe it will fall further when the government releases the July figures on Friday.But there are worries as well, led by fears of what a Trump-led trade war might do to growth in the U.S. and around the world.Many analysts believe that the possible harm from rising tariffs was a key discussion topic this week. Although trade was not mentioned in the statement, it likely will show up in the minutes of the Fed’s discussion, which will be released in three weeks.Delivering the Fed’s semi-annual report to Congress last month, Fed Chairman Jerome Powell refrained from criticizing the Trump administration’s effort to use the threat of tariffs to try to lower trade barriers. But Powell noted that the Fed was hearing a “rising chorus of concern” from business contacts about the harm a trade war could cause.Powell hasn’t addressed Trump’s criticism of Fed rate hikes publicly, but the chairman had previously said in a radio interview that the central bank has long operated independently in making interest-rate decisions based on what was best for the economy and not in response to political pressure. Keywords Interest ratesCompanies Federal Reserve Board Rising interest rates could dampen stimulus impact: PBO Martin Crutsinger Facebook LinkedIn Twitter BoE predicts best economic year for the U.K. since 1941 The U.S. Federal Reserve Board is leaving its benchmark interest rate unchanged while signalling further gradual interest rate hikes in the months ahead as long as the economy stays healthy.The Fed’s decision left the central bank’s key short-term rate at 1.75%-2% — the level hit in June when the Fed boosted the interest rate for a second time this year. Fed warns U.S. financial system remains vulnerablelast_img read more

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Additional 81 military personnel deploy to Scotland to support COVID vaccination roll-out

first_imgAdditional 81 military personnel deploy to Scotland to support COVID vaccination roll-out A further 57 military personnel will deploy to assist health boards across Scotland with the vaccine roll out, this is in addition to the 98 members of the Royal Scots Dragoon Guards who are already supporting the vaccine effort.The medics and management staff will make up a Vaccine Quick Reaction Force, which will see 5 teams of 10 able to deploy across Scotland at short notice, in order to assist NHS staff in delivering the vaccine. Teams will start deploying from tomorrow with some beginning to see patients immediately, including supporting Lothian Health Board by administering vaccinations at the Royal Highland Showground.Up to 24 logistic support staff, mostly from Edinburgh-based 3rd Battalion The Rifles, will assist Health Boards running of vaccination centres in Grampian, Dumfries and Galloway, Borders and Lothian.Defence Minister Baroness Goldie said:The Armed Forces are an important part of the vaccine roll out in Scotland. They lift spirits and boost morale and >I am delighted that they will be joining together with our marvellous health-care workers to ensure the vaccine is >delivered to as many people as possible, as quickly as possible to protect the most vulnerable.Our service men and women have provided expertise, resilience and flexibility to NHS Scotland in this huge >logistical undertaking and these additional medics will provide surge support where it is most needed to >administer the vaccine.Minister for COVID vaccine Deployment Nadhim Zahawi said:Our Armed Forces are playing an invaluable role in helping ensure those most at risk get their jabs, working side >by side with healthcare staff in a truly UK-wide effort.We are distributing the vaccine as quickly as possible across all parts of the UK and almost 10 million people >have now received their first dose.The pace and progress of our rollout shows the strength of our union and how much we can achieve by pulling >together as one United Kingdom.The Joint Military Command in Scotland already has 98 members of the Fife-based Royal Scots Dragoon Guards on the ground, assisting health boards with the set-up of up to 80 vaccination centres across Scotland. They are currently working on sites at the Lagoon Centre in Paisley Donald Dewar Sports Centre in Drumchapel and Castlemilk Sports Centre in Glasgow, all 80 will be handed over to NHS Scotland. Additionally, 32 planning and support personnel are supporting the Scottish Government and local health boards.Scottish Secretary Alister Jack said:The British Armed Forces are carrying out vital work to support the rollout of vaccines across Scotland. Nearly >100 military personnel are already setting up 80 Scottish vaccine centres, and from this week an additional 57 will >also be helping to get needles into arms. More are on standby to help with testing, which is still so important. I >would like to thank all of our fantastic military personnel for their great work in helping fight the pandemic, right >across the UK.The military has been involved in supporting Scotland’s response to the COVID pandemic since March 2020, providing planners, logistics specialists and aircraft medical evacuation capability, as well as the delivery of a Mobile Testing Unit service throughout the summer of 2020.Across the UK there is over 5,200 personnel committed to winter and COVID-19 operations are supporting 80 different tasks in the UK and abroad – this includes the vaccine rollout, NHS support and community testing across the UK /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:British, community, Defence, evacuation, Government, health, healthcare, resilience, Scotland, scottish, Secretary, UK, UK Government, United Kingdom, vaccination, Vaccineslast_img read more

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