Barclays dismisses bank break-up threat

first_imgWednesday 8 September 2010 8:33 pm Barclays dismisses bank break-up threat Share whatsapp whatsapp center_img BARCLAYS executives have privately dismissed the idea that UK banks will be forced to break up their retail and investment banking operations, even though the government’s independent banking commission still has a year left to deliberate its options.Those close to the bank said yesterday that Barclays would not have appointed its investment banking chief Bob Diamond to head the group if the board were not confident that the commission will “stop short of recommending a full break-up”.“The more people think about it, the more problematic it is,” said one source. “It doesn’t make sense to send a wrecking ball to smash into one of the only businesses the UK has which are competitive on a global scale.”The commission, chaired by former Office of Fair Trading boss Sir John Vickers, was appointed by chancellor George Osborne after the general election to investigate the best “size, scale and function” of banks in the future. Concerns among the banks has focused primarily on the possibility that the commission will bring in a British version of the now-defunct Glass Steagall Act, separating their retail and investment arms – a move many say would force some of the most successful banks, such as Barclays and HSBC, to seriously consider moving their headquarters overseas.Yesterday, business secretary Vince Cable appeared to tone down his insistence on a full break-up of the banks, saying only that the appointment of Diamond to replace John Varley as Barclays chief executive made it imperative that the commission carefully consider its “options”.The Banking Act of last year has already forced the UK’s banks to ringfence retail deposits from future failures, addressing a key argument against having retail and investment operations under one roof. Another alternative to a full break-up would be to introduce the subsidiarisation of banks’ riskiest assets, parking them in separate companies which are capitalised separately from the group as a whole.However, the confidence of Barclays, chaired by former investment banker Marcus Agius, in a conclusion in favour of the universal banking model may needle members of the commission who feel that the investigatory process has yet to get fully underway. Vickers has until next September to produce a final report to the government on his findings. He is supported on the commission by Martin Taylor, himself a former chief executive of Barclays; Claire Spottiswoode, the ex-head of gas regulator Ofgas; JP Morgan’s former co-head of investment banking Bill Winters; and FT columnist Martin Wolf.Meanwhile, Barclays Capital yesterday hired former CIT Group chairman and chief executive Jeffrey Peek as vice chairman of its investment-banking division following Diamond’s promotion. KCS-content Show Comments ▼ Tags: NULLlast_img read more

BGC launches £10m gambling education initiative

first_img Subscribe to the iGaming newsletter Regions: UK & Ireland 15th May 2020 | By contenteditor “Raising awareness and harm prevention education is an important component to reduce gambling-related harms,” he explained. “By training professionals who have influence over young people’s learning, we will equip these professionals with the skills, knowledge and confidence to not only deliver the programme but also highlight the age-appropriate support available from GamCare.”The educational elements will be supported by a range of materials developed in accordance with educational best practice, with video and digital content to be developed to ensure it can be delivered during the novel coronavirus (Covid-19) lockdown.Those flagged as having been impacted by gambling related harm through the teaching will also be able to directly access help and support from GamCare.It is being funded by the BGC, which is providing money to the Charities Aid Foundation to be distributed based on YGAM and GamCare’s advice. The programme will also be assessed by an independent evaluator, to ensure it is fit for purpose.“As the new standards body representing most of the regulated industry, the BGC is delighted to be supporting this fantastic initiative,” BGC chief executive Michael Dugher said. “Educating our young people is vital if we are to ensure that they are better informed and fully aware of the potential risks.“It’s also essential that those who are teaching them are fully trained and able to look out for the tell-tale signs of any gambling-related harm and how to access help if required. Millions of people occasionally enjoy gambling, whether that’s on the National Lottery or on sports or bingo or gaming. The overwhelming majority of people who gamble in the UK do so in a safe way.“This important project and investment is part of our ongoing determination at the BGC to promote safer gambling and to further drive up standards.”The launch of the educational initiative is the latest in a series of social responsibility measures spearheaded by the BGC in recent weeks. Having initially set out ten commitments for members to protect players under lockdown, it then coordinated an industry-wide ban on audiovisual advertising from 7 May. The Betting and Gaming Council (BGC) is to roll out a £10m independent education programme that aims to teach young people across the UK about the risks of gambling. Legal & compliance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance People BGC launches £10m gambling education initiative The Betting and Gaming Council (BGC) is to roll out a £10m (€11.3m/$12.2m) independent education programme that aims to teach young people across the UK about the risks of gambling.Through the initiative, the BGC aims to ensure all 11-19 year-olds in England, Wales and Northern Ireland receive at least one session of gambling awareness education as part of their secondary or further education.The programme, part of the BGC’s safer gambling commitments, will be delivered by GamCare and the Young Gamers & Gamblers Education Trust (YGAM), and aims to provide reach 120,000 young people directly.A further 100,000 education professionals, such as teachers, youth workers, community mental health practitioners, police and community sports trust will also be trained through the programme. By doing so, the BGC aims to ensure responsible adults have access to information about the risks of gambling, and the ability to identify gambling related harm in minors under their care.Information will also be provided to parents and families, to ensure young people are kept safe, and can be referred for help or support.“GamCare have been working with young people and youth facing professionals to deliver gambling education for many years,” GamCare chief executive Anna Hemmings explained. “What we see in the classroom tends to be polarised views on gambling, and a lack of clear understanding about its potential risks.“We are delighted to be working with YGAM and extending this much needed programme. We believe that gambling education should have parity with education around other risky behaviours and the extension of this programme will help us take a significant step towards achieving that aim.”YGAM founder and CEO Lee Willows added that the charity was delighted to be working alongside GamCare and the BGC to deliver such an ambitious programme. Email Addresslast_img read more

Terry Smith has turned £100k into £500k in less than a decade. Here’s how he did it

first_imgAre poised for future growth (many of his holdings look set to benefit from powerful trends such as the ageing population and the rise of digital payments) See all posts by Edward Sheldon, CFA To sum up his investment strategy, he invests in high-quality, resilient companies that are consistently profitable and have strong growth prospects. World-class companiesIt’s worth noting that Terry Smith also invests on a global basis. Not only does he hold some of the best stocks on the London Stock Exchange such as Diageo, Unilever and Sage, but he also has exposure to winning companies listed internationally such as Microsoft, PayPal and Novo Nordisk.Smith also tends to have a bias towards certain sectors. He tends to favour the Consumer Staples, Technology, and Healthcare sectors, while minimising exposure to sectors such as Financials (he doesn’t hold any banks), Utilities, and Oil & Gas.All in all though, it’s a very simple Warren Buffett-like strategy. All Smith does is invest in top companies and hold them for the long run.How you can invest like Terry SmithCan your average investor invest like Terry Smith? Absolutely.With the data and resources that are available to investors these days, it’s very easy to put together a portfolio of high-quality businesses.By focusing on metrics such as revenue growth, return on capital employed (a basic measure of profitability), and debt-to-equity, you can find companies that are growing, highly profitable, and resilient.Then, it’s just a matter of holdings these kinds of companies for the long term, as Smith does. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Do not require significant levels of debt to generate returns Can continually generate high returns on operating capital employed Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Have advantages that are difficult to replicate Edward Sheldon owns shares in Unilever, Diageo, Sage, Microsoft, PayPal and has a position in the Fundsmith Equity fund. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Microsoft, PayPal Holdings, and Unilever. The Motley Fool UK has recommended Diageo and Sage Group and recommends the following options: long January 2021 $85 calls on Microsoft, short January 2021 $115 calls on Microsoft, and long January 2022 $75 calls on PayPal Holdings. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Edward Sheldon, CFA | Saturday, 4th July, 2020 Simply click below to discover how you can take advantage of this. Enter Your Email Address Terry Smith – the portfolio manager of the very popular Fundsmith Equity fund – is the man they call ‘Britain’s Warren Buffett.’ It’s not hard to see why. Since Fundsmith Equity was launched in late 2010, it has returned a total of 399.7% for investors (to the end of June). This means that had you invested £100,000 with Smith when the global equity fund was launched, your money would now be worth approximately £499,700 (minus platform fees).That really is an incredible achievement. Over the same time period, Fundsmith’s benchmark, the MSCI World Index, has returned just 183.2%. Smith hasn’t just beaten his benchmark. He’s smashed it. So, what’s his secret? And can private investors generate these kinds of amazing results from the stock market themselves?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Terry Smith: Britain’s Warren Buffett?What’s fascinating about Smith’s investment strategy is that it’s actually really simple.Fundsmith Equity doesn’t try to trade in and out of stocks. Nor does it short stocks or use financial derivatives. All it does is invest in world-class companies and hold them for the long term.Now, Smith does have strict criteria when it comes to picking stocks. Specifically, he looks for companies that: Image source: Getty Images Terry Smith has turned £100k into £500k in less than a decade. Here’s how he did it Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Are trading at attractive valuations I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Are resilient to change, particularly technological innovationlast_img read more

Why are growth shares struggling?

first_img Growth shares, particularly in the US, have been falling so far this week on concerns that rising long-term interest rates will derail a historic surge in the share prices of fast-growing companies. This has implications for the UK market, particularly technology-related shares like Scottish Mortgage and other highly rated shares that trade on high P/E ratios.Pressures on growth sharesThe other problem facing such shares that have done well under lockdown is that now investors are probably increasingly looking to shares that will do well once lockdown lifts. With Boris Johnson laying out his roadmap and airlines consequently reporting a surge in bookings, the shares that have done well are possibly looking to some to be rather expensive.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…If the conditions that have allowed the likes of Ocado to grow rapidly change, it may still be a good company, but will the shares seem overvalued? Will earnings rise as quickly as they did in 2020?My personal opinion is that growth shares that can be bought at a reasonable multiple of earnings, perhaps with a P/E of, say, less than 25, could still do well over the long term. If they have a moat (that is, barriers to entry), then that’s an indicator they may still do well in years to come. As such, I’d be happy to add them to my investment portfolio.But in the short term, I expect growth shares will continue to struggle if vaccinations continue to be rolled out successfully. Time for value shares?This raises the prospect that in the short term, could value shares provide larger returns? Shares in banks, oil majors, travel companies, retailers, office and retail landlords have become lowly rated – on the whole – because of the pandemic. For example, the P/E of Lloyds Banking Group is 11.Yesterday British Land, Barclays, and International Consolidated Airlines Group were among the highest risers on the FTSE 100, which tells a story of what investors are thinking now. On the other side, Scottish Mortgage Investment Trust, Avast and Just Eat were the three biggest fallers from the same index.It’s hard to know if this trend will continue beyond this week, though I suspect it might. That said, it’s an uncertain situation and I’m not planning to base my next investments based solely on what’s happening in the market right now. For me, the objective is still to build a long-term portfolio. Therefore, some value shares — especially those that might continue to do well for many years into the future — as well as growth shares are likely to be added to my investment holdings.  Once again, the pandemic is throwing up opportunities for a long-term investor like me. I hope as we come out of lockdown that the economy will grow. I think that will provide a boost for the stock market and for share prices.  Simply click below to discover how you can take advantage of this. Image source: Getty Images. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Andy Ross owns no share mentioned. The Motley Fool UK has recommended Avast Plc, Barclays, British Land Co, Just Eat Takeaway.com N.V., and Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Andy Rosscenter_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Why are growth shares struggling? Andy Ross | Wednesday, 24th February, 2021 I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

Rugby Rant: It’s time to revive the drop-goal

first_imgThe Wilko way: Jonny was renowned for pulling off drop-goals under pressure LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS By Gary WattonIT’S TEN years since Jonny Wilkinson helped net rugby’s greatest prize courtesy of a dramatic drop-goal. And it’s four years since the now retired Ronan O’Gara dropped a goal in the dying minutes in Cardiff to secure Ireland’s first Grand Slam in 61 years.Just two examples of when drop-goals proved critical. So why has there been a sharp decline in the use of such a weapon?Were it not for Dan Biggar’s last-day three-pointer against England, there would have been only one match in this year’s Six Nations which contained a drop-goal: Italy’s defeat of France.The evidence indicates that fly-halves only go for a drop-goal when a penalty has been awarded and a referee is playing advantage, so the drop-goal is the equivalent of cricket’s free hit.Clearly the introduction of the five-point try in the early 1990s has struck a blow to the art of dropping goals. Teams venturing deep into enemy territory have had to decide whether to have a pop at the drop, or chisel away at the defence and run the risk of a turnover, knock-on or ruck infringement.And the stats tell us that sides prefer to gamble on the greater prize of seven points for a converted try.It’s a winner: Bernard Foley’s drop-goal put Australia back in front in Cardiff in 2014Over the past two Six Nations tournaments, only five games out of 30 have yielded drop-goals. This contrasts with the heyday of such ammo in the 1980s, when 56 of the decade’s 100 Five Nations skirmishes saw at least one successful drop-goal. This 56% volume slipped to a mere 31 out of 100 championship Tests in the 1990s. And the infant Six Nations that followed saw drop-goals in only 45 of its first 150 contests, a meagre 30% of the matches.Such a trend is visible too with the Lions: in their 15 Tests dating back to 1993, there have been a paltry three drop-goals – compared to 17 in the previous 23 contests.Yet given that defences are proving tougher to crack and sustained attacks less effective, many teams have cause to question the wisdom of not bagging some reward for their pressure.The drop-goal’s decline is a matter of regret to purists who appreciate the skill and teamwork in an attacking foray that culminates in an accurate drop-goal attempt. Is it time to increase its value to four points, in order to persuade fly-halves that the occasional drop-goal represents good value?I for one believe it is. Check out Ronan O’Gara’s Six Nations Grand Slam-winning drop-goal below This was published in the July 2013 edition of Rugby World. Click here to see what’s in the current issue.last_img read more

Laneway House / Alex Glegg Design

first_img Mountain Maple Garden & Tree Service Arborist: Houses Canada ArchDaily Photographs Laneway House / Alex Glegg DesignSave this projectSaveLaneway House / Alex Glegg Design Eyco Building Group Tanya Schoenroth Design Interiors: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/938559/laneway-house-alex-glegg-design Clipboard Area:  600 ft² Year Completion year of this architecture project Structural: Allester Engineering Architects: Alex Glegg Design Area Area of this architecture project “COPY” Manufacturers: Vectorworks, Lindab, Accurate Roofing, EuropeanTouch Hardwood, Four Seasons Sunrooms, Nakamoto Forestry, Vinyltek CopyAbout this officeAlex Glegg DesignOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesVancouverOn FacebookCanadaPublished on May 06, 2020Cite: “Laneway House / Alex Glegg Design” 06 May 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogBathroom AccessorieshansgroheBath & Shower ThermostatsGlass3MGlass Finish – FASARA™ NaturalPartitionsSkyfoldVertically Folding Operable Walls – Mirage®WindowsVitrocsaSliding Window – Mosquito NetSinksBradley Corporation USASinks – Verge LVG-SeriesMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassMetal PanelsLongboard®Aluminum Battens – Link & Lock – 4″Sports ApplicationsPunto DesignPunto Fit in Ekaterinburg Public SpaceWoodBlumer LehmannFree Form Structures for Wood ProjectsKnobsKarcher DesignDoor Knob K390 (50)TablesVitsœ621 Side TableMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” Builder: Laneway House / Alex Glegg Design Projects Save this picture!© Christopher Rollett+ 20Curated by Paula Pintos Share CopyHouses•Vancouver, Canada 2018 Exterior:Nakamoto ForestryCity:VancouverCountry:CanadaMore SpecsLess SpecsSave this picture!© Christopher RollettRecommended ProductsWoodBruagBalcony BalustradesResidential ApplicationsCymat Technologies Ltd.Hudson Valley Home, USA – Alusion™ Stabilized Aluminum FoamWindowsSolarluxSliding Window – CeroWoodSculptformTimber Click-on BattensText description provided by the architects. This Vancouver lane house offers a contemporary expansion to a traditional home. The design creatively bridges the indoor/outdoor divide and achieves efficient space planning in a small structure. The existing two-storey home with a partially sunken basement was recently renovated to update the interior to suit the owners’ contemporary tastes. The rear yard is the property’s private space where everyday life happens. The kitchen and family room open onto a small deck. A half flight of stairs leads down to the rear garden, parking area, and lane.Save this picture!© Christopher RollettSave this picture!PlansSave this picture!© Christopher RollettAs the family grew, the owners needed to expand their living space; the opportunity arose to build a lane house that would attract family and visitors. The space needed to be welcoming and functional for year-round use, serve as a big-screen theatre getaway, be a self-contained guest house for out-of-town visitors, and provide a spot for entertaining and cooking without the need for repeated trips up the stairs to the main house to replenish refreshments. The lane house living area features two sets of foldaway doors designed without a corner post, which creates a seamless indoor/outdoor relationship. To achieve this effect, the structural post was pulled outboard of the footprint of the building. The ceiling of the living area is vaulted up towards the main house, allowing the light of the evening sun to flow into the lane house, while also providing clear communication and sightline to the deck and kitchen of the existing home.Save this picture!© Christopher RollettSave this picture!© Christopher RollettA significant design challenge was the municipal requirement to retain the tree adjacent to the lane. The setbacks and parking area of the laneway needed to be maintained, but the tree required an 8’ x 8’ corner to be removed from the 24’ x 19’ available footprint. The solution was to design the stair that leads up to the bedroom over the root protection zone, maintaining water and air infiltration to the soil for the tree. This design incorporated a cantilevered landing to support the roof and cranked steel gussets for the stair stringers hidden from view within the wall structure.Save this picture!© Christopher RollettThe texture of high-quality materials provides a richness that greatly enhances the attraction of the space. This effect was achieved with wood siding from Nakamoto Forestry. Yakisugi (often called “shou sugi ban”) is a maintenance-optional wall and ceiling cladding made from cypress and intensely burned as a preservative heat treatment using a traditional Japanese millwork process.  The heat treatment burns off hemicellulose, making the planks insect- and fungus-resistant, and increases the surface temperature of combustion to improve fire resistance. The addition of the lane house has created a rear yard that is an inviting and active space year-round, maintaining a strong connection to the main house.Save this picture!© Christopher RollettProject gallerySee allShow lessFashand Villa / SABK design groupSelected ProjectsPipa House / Bernardes ArquiteturaSelected Projects Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/938559/laneway-house-alex-glegg-design Clipboard Photographs:  Christopher Rollett Manufacturers Brands with products used in this architecture project Year: last_img read more

Action Against Hunger receives vital funds from Key Travel

first_img  28 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: corporate AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 23 April 2012 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Action Against Hunger receives vital funds from Key Travel International humanitarian organisation Action Against Hunger has received a welcome boost from not-for-profit sector travel specialists Key Travel. Staff raised over £5,000 for the charity after it was chosen by the travel management company as its charity of the year in May 2011.An enterprising and fun-packed programme of triathlons, mountain climbing challenges and cake sales raised an impressive £5,153 for the charity’s life-saving programmes in over 40 countries. One fundraising challenge – called ‘Play-Doh-nate’ – saw staff at Key Travel’s offices in the UK, Belgium and the United States create their favourite national food dish using Play-Doh, raising over £600 for the charity.Lizzie Carter, Corporate Fundraising Manager at Action Against Hunger, says: “To raise over £5,000 is a fantastic achievement and I would like to thank everyone at Key Travel for their efforts. It has been great to see all the innovative fundraising activities that staff have come up with, and the Play-Doh was definitely a highlight! With families across West Africa facing a major food crisis, raising awareness of child hunger is even more vital than ever. The funds raised by Key Travel will help our teams to reach children suffering from malnutrition around the world.”Steve Summers, Chief Executive of Key Travel, says: “I am proud of everyone at Key Travel for demonstrating once again their commitment and support for charitable causes. We had some very positive feedback from staff in all our offices and it has been obvious that everyone has enjoyed raising money for this very worthy cause. We look forward to announcing our next charity of the year soon.”As well as fundraising for Action Against Hunger, tireless fundraisers at Key Travel have also raised nearly £3,000 for other charities since May 2011 including British Heart Foundation, Comic Relief and Macmillan Cancer Support.For more information about Key Travel and its services visit www.keytravel.comlast_img read more

PM announces £1.8m funding for Samaritans helpline

first_imgPM announces £1.8m funding for Samaritans helpline Marking World Mental Health Day (10 October), Prime Minister Theresa May has announced that it is to provide funding towards keeping the Samaritans helpline free for the next four years. The Government will provide up to £1.8 million for the helpline, which people can call for free at any time on 116 123.The Prime Minister has also announced that health minister Jackie Doyle-Price will become the UK’s first Minister for Suicide Prevention. She will lead a new national effort on suicide prevention, bringing together a ministerial taskforce and working with national and local government, experts in suicide and self-harm prevention, charities, clinicians and those personally affected by suicide.Her role will also be to ensure that every local area has an effective suicide prevention plan in place, and to look at how technology can be used to identify those most at risk.The Prime Minister will also announce today the launch of the government’s new campaign to train a million people in mental health awareness – Every Mind Matters – with a pilot in the West Midlands ahead of a national rollout next Spring.On the new funding, Samaritans CEO Ruth Sutherland said:“We welcome the government’s announcement of funding towards Samaritans’ helpline, which will meet around 10% of the total helpline costs for the next four years and help us to continue to provide our service free of charge.“Samaritans’ 20,000 volunteers are available at any time for anyone who is struggling to cope. We respond to more than five million requests for help a year. This is an acknowledgement of the importance of our service.”  167 total views,  1 views today Advertisement Melanie May | 10 October 2018 | News About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.center_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis14  168 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis14last_img read more

Big Issue Invest marks 10 years since launch of first investment fund with impact report

first_img“In the worst recession and pandemic in modern history, our social enterprise and charity sector has responded brilliantly. Even while their own income fell, organisations redirected themselves, innovated and changed, to do their absolute best to provide services to the people and communities they exist for. I am proud that we were able to support our sector by investing and granting more money this year than we ever have. That’s our job – getting money from those that have it, to those than need it.” About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.  271 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Finance Funding Big Issue Invest’s total assets under management and advisory reached over £200 million at the end of March 2020, it has revealed in its Impact Report 2020.The investor launched the report in December, marking 10 years since the launch of its first ever investment fund.It also reveals that between April 2019 and March 2020, Big Issue Invest supported 160 investees with a total of £41.7 million, and in turn, collectively, these social enterprises were able to provide services to over 1 million customers in the UK that are often marginalised from mainstream support and opportunities or live in the most deprived areas.The Impact Report documents BII’s collaborative work, in response to the Covid-19 pandemic. BII worked with The National Lottery Community Fund to provide £3.2 million of grant funding to 118 grantees across England, while partnering with Social Investment Business to deliver the ‘Resilience and Recovery Loan Fund’, BII worked with 14 social enterprises to access over £4.1 million of investment out of a total £12 million given from the UK Government-backed Coronavirus Business Interruption Loan Scheme (CBILS). Five additional applications are still in progress.The report also includes BII’s own diversity, equality and inclusion findings. In its portfolio BII found that women-led organisations made up 69% of investees, while over 50% of leaders receiving investment had lived experience of social challenges. However, Black-led organisations are underrepresented, making up only 2% of leaders/founders, whilst disability was the characteristic least likely to be measured. BII is to make these findings the basis of a 2021 diversity, equality and inclusion strategy. The organisation has also published gender pay gap data for the first time.St Helena’s Hospice is one of the social enterprises supported by Big Issue Invest. BII is helping the hospice grow its lottery business and hospice provision through a £1.5 million commitment out of its Social Enterprise Investment Fund II.Brian Bolt from St Helena’s Hospice, said:“The investment from Big Issue Invest has enabled St. Helena’s to achieve its ambition of accelerating the pace and scale of our lottery partnership offer. We now provide lotteries for 20 different charities across England and Wales raising funds for St Helena to help local people facing incurable illness and bereavement, but also generating financial returns for 20 other diverse good causes. In addition to the funding, the team at BII provided invaluable advice and support in developing the business case and helping us as an organisation to further strengthen our governance, including moving to a risk-based reserves policy.”Other social enterprises supported by BII include the Mental Health and Employment Partnership (MHEP). MHEP received £1.7 million investment and have supported over 1,000 people with severe mental illnesses, drug and alcohol addictions, or learning disabilities into paid employment. 100 people gained employment during the pandemic.YMCA Cornwall received £150,000 of investment to provide homes for the vulnerable young people and Five Lamps Trading received £1.25 million to support them in boosting financial inclusion through affordable short-term credit.Danyal Sattar, CEO of Big Issue Invest, said: Advertisementcenter_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Melanie May | 29 December 2020 | News Big Issue Invest marks 10 years since launch of first investment fund with impact reportlast_img read more

From Snake to Dog, five dark years for journalism in China

first_img June 2, 2021 Find out more February 14, 2018 From Snake to Dog, five dark years for journalism in China to go further News Organisation In early 2013, at the start of the Year of the Snake, many hoped that the new president would fan the winds of openness and reform but, although his family was a victim of the Cultural Revolution, Xi set about restoring a media culture worthy of the Maoist era. Mongolia : RSF urges presidential candidates to voice support for press freedom Observers are also concerned for the survival of other detainees. They include Huang Qi, 54, the recipient of an RSF prize in 2004 whose website, 64 Tianwang, was awarded an RSF prize in 2016. He has been held provisionally for more than a year. They also include citizen-journalist Ilham Tohti, 48, recipient of the Sakharov Prize in 2016, who is serving a life sentence; Liu Feiyue, 47, the founder of the human rights NGO Civil Rights and Livelihood Watch; and Liu Xia, 56, Liu Xiaobo’s widow, who has been isolated from the outside world for the past eight years. “We urge the international community to put more pressure on the Chinese government to release imprisoned journalists and bloggers,” said Cédric Alviani, the head of RSF’s East Asia desk. “Independent journalism is essential for human and civil rights and, contrary to what the government says, is entirely compatible with Chinese culture, as we can see in Hong Kong and Taiwan.” Yiu Mantin, a Hong Kong-based book publisher also known as Yao Wentian, was sentenced to ten years in prison in 2014 despite his poor health and advanced age (he is now 75) because he had planned to publish a book critical of President Xi. Gui Minhai, 53, a Chinese-born Swedish publisher who had been preparing revelations about Xi’s mistresses, was kidnapped in Thailand the same year and has been kept ever since in China, where he is being prevented from getting treatment for a serious neurological ailment. News Mistreatment With his “anti-rumour campaign,” President Xi quickly reined in media that, under his predecessor, had cautiously begun to reflect the variety of opinions being expressed in Chinese society, and he now insists that journalists act as relays of “the Party’s propaganda.” Setting an example As China prepares to celebrate its New Year, Reporters Without Borders (RSF) points out that more than 50 journalists and bloggers are currently imprisoned and that, from the Year of the Snake (2013) to the Year of the Dog (2018), President Xi Jinping has built his authority on the ruins of the freedom to inform. With journalists and bloggers reined in, President Xi is now targeting the only spaces left for freely reported news and information – social networks and messaging apps. In 2017, the Internet regulatory authority banned journalists from quoting any information from social networks and any information that had not been previously “confirmed” by the government. The regime does not sentence free speech defenders to death, but mistreatment of detainees is extremely common and last year Liu Xiaobo, a Nobel peace laureate, and Yang Tongyan, a blogger, both died from cancers left untreated while they were in prison. In an opinion piece published in seven languages, RSF secretary-general Christophe Deloire recently urged the world’s parliamentary democracies to take action to resist the “new world media order” that China is trying to impose beyond its borders. China is one of the last five countries, 176th out of 180 countries, in RSF’s 2017 World Press Freedom Index. Receive email alerts Once again, dozens of journalists and bloggers will spend the Lunar New Year festivities in prison while Xi – China’s president since late 2012 and recently confirmed for another five years – continues to impose his vision of a society based on censorship and surveillance, a society from which journalistic ethics and the citizen’s right to information are barred. News The Chinese Communist Party Publicity Department (CCPPD), which oversees the actions of 14 government ministries, provides the media with a daily list of topics to be highlighted and topics that are banned, on pain of sanction. Even China-based foreign correspondents complain of the harassment to which they are subjected by the authorities. Help by sharing this information News The blogger Wu Gan, 44, was sentenced to eight years in prison for drawing attention to government corruption. Lu Yuyu, 38, a citizen-journalist who documented protests, was sentenced to four years in prison. Zhen Jianghua, 32, a journalist who founded an anti-censorship website called Across the Great FireWall, is still being held incommunicado. China: Political commentator sentenced to eight months in prison Anti-rumour campaign June 7, 2021 Find out more ChinaTaiwanHong KongAsia – Pacific Condemning abuses PredatorsImprisonedFreedom of expressionRSF PrizeNobel PrizeCitizen-journalistsInternet Pakistani TV anchor censored after denouncing violence against journalists The journalist Wang Jing was sentenced to four and a half years in prison in April 2016 because she had covered a politically-motivated suicide attempt in Tiananmen Square. After being arrested in 2014 for allegedly providing a foreign media outlet with confidential documents and being forced to “confess her crimes” on TV, former Deutsche Welle correspondent Gao Yu was given a five-year jail sentence. It was subsequently commuted to house arrest but she has not been allowed to travel abroad for the medical treatment she needs. RSF_en The regime is also gradually shutting down foreign VPN services, which allow users to circumvent the “Great Firewall,” and is banning anonymous online comments. Internet surveillance now targets each of China’s 770 million Internet users, many of whom have already been given prison sentences for nothing more than privately-expressed comments. Follow the news on Asia – Pacific Internet under surveillance June 2, 2021 Find out more Citizen-journalists and bloggers who have tried to pick up the torch of independent journalism are nowadays the favourite targets of what is called “residential surveillance at a designated place,” a label that officializes the abduction, incommunicado detention and torture of activists by the state. ChinaTaiwanHong KongAsia – Pacific Condemning abuses PredatorsImprisonedFreedom of expressionRSF PrizeNobel PrizeCitizen-journalistsInternet PHOTO: GREG BAKER / AFP last_img read more