Recovery will be choppy, say economists

first_img Tags: NULL KCS-content REVISIONS to second quarter GDP growth this Friday are expected to leave the headline figure unchanged at a robust 1.1 per cent.However, economists warn the breakdown of growth by expenditure could reveal some truths about the shape and duration of the recovery.Capital Economics’ Jonathan Loynes said: “The second release relating to second quarter GDP is likely to add to doubts over whether the impressive pace of expansion seen in the second quarter will prove to be sustainable.”The data, which is released on Friday morning, is expected to show a reliance on consumer and government spending, neither of which is forecast to be sustained during the second half of the year as austerity spending cuts kick in. Analysts expect household spending to have jumped 0.7 per cent in the three months to June.This will leave the private sector to shoulder the burden but continued uncertainty about the economic future is predicted to limit business investment for some time to come. Economists reckon that the retrenchment in the public sector is likely to be so severe that even a 3.5 per cent rebound in private sector activity in 2011 will not be enough to push GDP growth above two per cent.However, Investec’s Philip Shaw said: “Nonetheless recent indicators suggest that the third quarter got off to a good start, so although the pace of expansion in the quarter as a whole seems highly unlikely to match that of the second quarter, it is possible that the UK notches up a very respectable pace of output.”Last week, official figures showed government borrowing fell sharply in July, largely due to robust corporation tax receipts. The government borrowed £3.8bn over July, down from £14.7bn in June and £18.4bn in May. It borrowed £6.1bn in July of last year. whatsapp whatsapp Recovery will be choppy, say economists Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share Show Comments ▼ Sunday 22 August 2010 9:47 pmlast_img read more


Admiral Group rules out buying Churchill or Direct Line from RBS

first_img whatsapp Sunday 22 August 2010 10:22 pm Share Show Comments ▼ KCS-content Admiral Group rules out buying Churchill or Direct Line from RBS ADMIRAL GROUP, the insurer that releases its interim numbers on Wednesday, has dealt a blow to Royal Bank of Scotland’s hopes of finding a trade buyer for Churchill or Direct Line by ruling itself out of any auction.In an interview with City A.M., Admiral chief executive Henry Engelhardt said: “We don’t think we will be able to buy either of these firms without a lengthy monopolies and mergers investigation. And even if this is passed we think if they are sold to us it will give us such a hefty share of the market, the sellers will make us pay a large premium.”Engelhardt’s comments will add to expectations that RBS will choose to offload the businesses through IPOs in the next two years. center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more


UniCredit reaches a deal with unions as it seeks to cut domestic operations

first_img UniCredit reaches a deal with unions as it seeks to cut domestic operations whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition KCS-content Monday 18 October 2010 7:42 pm Sharecenter_img Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com UniCredit has reached a deal with unions over thousands of lay-offs in Italy, ending a protracted struggle over a plan by the country’s biggest bank to streamline domestic operations.Under the deal, 3,000 UniCredit employees will get access to early retirement plans, the FABI banking union said. This comes on top of planned lay-offs for 600 staff and a further group of 1,100 employees, who are expected to leave the bank in 2014-15, it said. UniCredit has agreed to hire more than 2,000 new staff by 2013. The breakthrough comes a few weeks after Federico Ghizzoni was appointed at the helm of the bank, replacing Alessandro Profumo, who quit abruptly last month following a power clash with shareholders.“Negotiations were difficult,” said FABI secretary general, Mauro Morelli. “We are sure Federico Ghizzoni will not hinder the important results achieved.” Profumo, who turned the bank into a pan-European player through a string of acquisitions, had laid out the cuts as part of a plan to boost efficiency. whatsapp Tags: NULLlast_img read more


Football stars face a tax bill crackdown

first_img KCS-content Sunday 16 January 2011 10:19 pm Show Comments ▼ Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Football stars face a tax bill crackdown center_img whatsapp whatsapp ENGLAND footballer Wayne Rooney is amongst Premier League stars under scrutiny from tax inspectors for avoiding thousands of pounds in tax.A crackdown on more than 50 players was sparked after HM Revenue & Customs found some stars had been using complex legal loopholes and accountants to legally avoid paying the 50 per cent top rate of tax.The footballers evaded the 50 per cent higher tax bracket by setting up companies for lucrative image rights royalties to be paid into, before taking out loans from them that carry a 28 per cent corporation tax rate.Manchester United star Rooney paid as little as two per cent on a loan taken out from his image rights company, saving him almost £600,000. The HMRC crackdown is part of a long history of fraught relations between highly paid footballers and the taxman.In 2005, Arsenal was forced to pay nearly £12m in tax after it set up a series of front companies and offshore trusts to reward its stars.A Revenue and Customs spokesman said: “HMRC are well aware of attempts to use image rights as well as other schemes to avoid the 50p rate of tax.“The taxation of image rights is a complex area, where the tax treatment will very much depend on the facts of the particular case.“The Government has made an additional £900m available to HMRC to ensure the tax rules are respected across the board.” More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com Tags: NULLlast_img read more


German consumers are upbeat

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Germany’s relentless recovery received another boost yesterday, as consumer confidence figures showed yet a further increase. The household confidence index is expected to rise to 5.7 next month. The level for January was revised up to 5.5 from an initial estimate of 5.4, following six months of increases. “Even the first wave of German austerity measures could not stop optimism,” said ING’s Carsten Brzeski. Share center_img KCS-content German consumers are upbeat Tuesday 25 January 2011 8:58 pm whatsapp Tags: NULLlast_img read more


Michael Page profit jumps on overseas success

first_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Monday 7 March 2011 3:47 am Recruiter Michael Page more than trebled its full-year operating profit in 2010 as it bounced back from a difficult 2009 in line with forecasts, and said it was well placed to continue growth in 2011.Michael Page, which finds jobs for people in the financial, accounting and legal services sectors, said on Monday its operating profit for the year was £71.5m compared to £20.2m in 2009 – a year the company described as one of the most challenging in its history.The company said 2010 had seen good growth in Asia, Latin America, the big markets in Europe and the Middle East and an improving picture in the UK amid tough market conditions.Michal Page said it proposed a final dividend of 6.12 pence per ordinary share, totalling 9 pence for the year – a 12.5 per cent increase on the 2009 total.The company said 2011 had started with strong growth in its EMEA region, Australia and North America, while Asia and Latin America continued to lead the way.Rival recruiter Hays reported a 23 per cent rise in first-half net fees last Monday, led by strong performances in Asia Pacific and Europe, with operating profit in line with market expectations. John Dunne Sharecenter_img whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Show Comments ▼ whatsapp Michael Page profit jumps on overseas success last_img read more


Sony hit by supply chain nightmare

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald John Dunne A shortage of parts will force Sony to cut production or suspend output at five more plants in Japan following the country’s catastrophic earthquake this month that has hit the global supply chain.Global electronics and autos seem to have been most affected by the turmoil, but in an illustration of how the ripples are spreading, global miner Rio Tinto warned the disruptions posed a threat to its expansion plans.More than 10 days after a 9.0 magnitude earthquake and 10-metre tsunami struck the northeast of Japan, manufacturers are struggling to get back up to speed as factories grapple with a lack of components, power cuts and damage to infrastructure.Such is Japan’s position in the global supply chain that companies from Apple Inc to General Motors Co and Nokia are feeling the impact.Toyota, the world’s largest automaker, said all 12 Japanese assembly plants would remain closed until at least March 26 and it was not sure when they would reopen. Production lost between March 14-26 would be about 140,000 units. Toyota had been expecting to resume assembly today (Tuesday).Electronics giant Sony said more five plants, mostly in central and southern Japan, were hit by parts shortages stemming from the disaster and would close or reduce output until the end of the month.“If the shortage of parts and materials supplied to these plants continues, we will consider necessary measures, including a temporary shift of production overseas,” the company that makes the Playstation games console said in a statement. The plants make such products as digital and video cameras, televisions and microphones, the company said in a statement.A sixth plant in Chiba, north of Tokyo, was set to resume production, but it could be interrupted by the blackouts that are affecting some areas supplied by Tokyo Electric Power , the operator of the stricken nuclear plant.Including two factories only partially restarted last week, 15 Sony plants out of a total of 25 in Japan are currently affected. It has a total of 54 plants worldwide. More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Tuesday 22 March 2011 4:00 am center_img Tags: NULL Sony hit by supply chain nightmare Show Comments ▼ whatsapp Sharelast_img read more


WPP bets on eccentric magazine moguls’ plan

first_imgTuesday 5 April 2011 7:28 pm WPP bets on eccentric magazine moguls’ plan whatsapp Show Comments ▼ KCS-content Share VICE, the media group that includes the famous monthly magazine of the same name, has attracted funding from Sir Martin Sorrell’s WPP, the leading communications agency, as part of a multi-million dollar fundraising. Vice has long had an anarchic reputation in the publishing world, not least because of bombastic statements from co-founder Shane Smith. Speaking about the latest round of investments, Smith said: “Vice has long been accused of having ambitions for total global domination. Today, we acknowledge the truth. “We are forming an unholy alliance that will ensure no other media company will ever stand a chance against Vice’s relentless onslaught.”Vice was formed by Smith, with friends Suroosh Alvi and Gavin McInnes, in 1994 as a small punk magazine in Montreal, Canada, and has since grown into a global youth media brand. Today, the glossy title has over 1.1m readers across more than 30 countries and has estimated annual sales of $8.4m. whatsapp Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more


Clegg unveils drive for social mobility

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.com whatsapp Clegg unveils drive for social mobility Share DEPUTY Prime Minister Nick Clegg has promised to “open the doors of opportunity” in a launch of policies meant to improve social mobility.They include setting up a commission to tackle the issue, increasing access to pre-school education, spending £2.5bn on the pupil premium, extra money for those from deprived backgrounds, by 2014/15 and bringing professionals and high-profile speakers into state schools to discuss their career tracks.Clegg said: “A fair society is an open society where everybody is free to flourish and where birth is never destiny.” But he faced charges of hypocrisy on the issue of unpaid internships, which he benefited from himself. Clegg said that he was wrong to have employed an unpaid intern in the past. whatsappcenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Tags: NULL Tuesday 5 April 2011 8:49 pm KCS-content last_img read more


Sports betting launches in West Virginia

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games MetroNews added that the casino at the Greenbrier resort is likely to be the next, followed by Delaware North properties in Nitro and Wheeling along with Mountaineer Racetrack and Casino in Chester. These could be operational by mid to late October. Email Address The official opening ceremony for the sports book at Hollywood Casino at Charles Town Races in Jefferson County is set for Saturday, to time with the start of the college American football season, but a soft opening was made yesterday (Thursday). West Virginia has become the latest US state to launch legalised sports betting, with a local politician stating its law can be a model for others to follow in the United States. “We have really done it right in this state and certainly Pennsylvania and others, if it’s going to be successful in their states, they need to look at what we did and model after us,” Barrett said, according to the West Virginia MetroNews website. Subscribe to the iGaming newsletter 31st August 2018 | By contenteditor Topics: Casino & games Marketing & affiliates Sports betting West Virginia has charged $100,000 licensing fees to the five casinos that will offer sports betting, with a 10 per cent tax on adjusted gross receipts. The state became the first to legalise sports betting, with the West Virginia Lottery Sports Wagering Act approved two months before the Supreme Court overturned the 1992 Professional and Amateur Sports Protection Act in May. However, Delaware, New Jersey and Mississippi already have casinos ready for wagering. Its sportsbook will be supported by William Hill, which said this month that it had signed sports betting partnerships with 11 casinos in Mississippi and a casino in West Virginia, with talks ongoing with operators spread across a further 14 US states. Politician claims state’s law can be a model for others Regions: US West Virginia Hollywood Casino this month became the first gambling premises in West Virginia to obtain a licence to offer sports betting services in the state. This saw Delegate Jason Barrett, D-Berkeley, place the first bet, putting down a $50 (£38/€43) futures wager on the West Virginia Mountaineers to win the national championship at odds of 60-to-1. Sports betting launches in West Virginia MetroNews added that while a legislative estimate predicted additional revenue to the state of $5.5m from sports betting in the first year, the West Virginia Lottery Commission is projecting revenue of between $9m and $17m. While Hollywood Casino becomes the first premises to have sports betting in place in time for the college football season and the start of the new NFL campaign on September 6, others are set to follow suit.last_img read more


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