EU referendum greater risk to London’s property market than General Election uncertainty, says KPMG

first_imgMonday 12 January 2015 8:22 am Show Comments ▼ whatsapp whatsapp A referendum on Britain’s EU membership could herald bad news for London’s high-flying property market, new research has found.David Cameron has promised to renegotiate Britain’s membership of the EU and put the result to the people by 2017. But if Brits vote to leave, the capital’s property market could suffer in the aftermath, big four accountant KPMG reckons. In fact, those involved in the property market believe the prospect of a “Brexit” poses a far greater threat to the capital’s property market than the uncertainty of this year’s General Election. The electoral contest is widely believed to be the most unpredictable in 100 years.The research found 66 per cent of the real estate experts said “Britain leaving the EU would have a negative impact on inbound cross-border investment”. On the other hand, only 31 per cent believed “political uncertainty in the run up to the general election would dampen investment”.Richard White, UK head of real estate at KPMG, commented:The spill- over effect of the UK leaving the EU is unlikely to be limited to London and the UK’s real estate markets, but regardless of the long term impact there is likely to be a pause in deal activity as investors survey the new landscape.Britain’s future in Europe was recently the focus of German chancellor Angela Merkel’s visit to the UK. David Cameron has been seeking ways to limit the free movement of people within the EU and crack down on welfare for migrants. As the situation stands, it is almost impossible to imagine Merkel budging on free movement, one of the four “fundamental freedoms” of the EU.For the moment, the polls suggest that were the British people given a vote, they would choose to stick with the EU – but only just. While experts fear the repercussions of referendum, the industry on the whole remains bullish.“The stuttering recovery in other markets is funnelling capital into London at the moment, which is driving this bullish sentiment,” said White. Almost 90 per cent of the respondents thought London would retain its dominance of the European market until the end of the decade.There was a substantial split over how changes to Capital Gains Tax for foreign investors would affect the market. Almost half said there would be no difference, but 40 per cent thought the changes would negatively impact prices.The biggest barrier to investment, however, was not political uncertainty or the tax regime but the availability of stock. White commented:Competition for assets remains fierce, and we are seeing an increase in investors buying for the long term, which is likely to have a dampening effect on supply. There is no immediate solution on the horizon, because there is little development in the pipeline. This is pushing investors up the risk curve to access the opportunities that offer the returns they need. center_img EU referendum greater risk to London’s property market than General Election uncertainty, says KPMG Jeff Misenti Share Tags: Brexit General Election 2015last_img read more

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Bonus at John Lewis drops on Waitrose sales

first_img whatsapp Thursday 12 March 2015 10:22 pm Share Tags: City bonuses John Lewis Waitrose by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom Nationzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Show Comments ▼center_img Bonus at John Lewis drops on Waitrose sales whatsapp 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 ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof JOHN Lewis Partnership slashed staff bonuses to 11 per cent of pay, the lowest level for 12 years, after profits fell at its grocery chain Waitrose.The partnership’s 93,800 employees will receive a total pay out of £156.2m, which is equivalent to nearly six weeks’ salary.The supermarket price war, a deflationary market and a significantly higher level of investment in technology reportedly took their toll on Waitrose’s pre-tax profits, which fell by 23.4 per cent to £237m. In contrast, John Lewis reported a strong year, with record sales on Black Friday contributing to a rise of 9.2 per cent to £4.43bn and profit up 10.8 per cent to £250.5m.The department store slightly offset Waitrose’s declining figures and the partnership reported pre-tax profits of £342.7m, down nine per cent, for the 53 weeks to 31 January. In a revival bid last year, Waitrose launched click-and-collect service lockers in six tube stations, opened up cookery schools and launched gardening departments to some stores. Despite this, 2015 looks challenging for Waitrose with sales down 2.8 per cent after the first five weeks of the current year.Mark Price, the managing director of Waitrose, said cutting prices to compete in a “highly competitive and deflationary market” had cost the business between £35m and £45m.“To quote Churchill: ‘This is not the end, this is not even the beginning of the end but perhaps it is the end of the beginning.’,” he added. “There are dramatic changes in food retail, in shopping online, using convenience stores and eating out more. That change is going to take a long time to work through and not going to be over this year or next year. It is going to take the best part of a decade in my view.”He said that Waitrose would fight back by keeping prices competitive, offering high-quality fresh food and offering more services such as in-store cafes and restaurants and online ordering. Express KCS last_img read more

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IMF happy to cooperate with China-led infrastructure fund

first_img Show Comments ▼ whatsapp whatsapp Tags: Chinese economy IMF IMF happy to cooperate with China-led infrastructure fund THE International Monetary Fund will be “delighted” to cooperate with the China-led Asian Infrastructure Investment Bank (AIIB), said IMF managing director Christine Lagarde yesterday.Lagarde added that there is “massive” room for cooperation with AIIB on infrastructure financing.The World Bank will also cooperate with the AIIB, Lagarde told a conference in Beijing.Her comments come after a number of countries said they would participate in the new bank slated to start operations by the end of the year, even as others raised concerns over potential competition with other lenders.The AIIB is a Chinese-backed development bank that will fund Asian energy, transport and infrastructure projects. Set up in Beijing last year, the bank is seen as a rival to Western-centric financial institutions such as the World Bank. The UK’s decision to become the Western economy to apply for the membership of the development bank drew the ire of Washington who questioned AIIB’s transparency standards and environmental and social safeguards. France, Italy and Germany have since followed the UK’s lead by also applying for membership. center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbeszenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBall Monday 23 March 2015 12:15 am Express KCS Share 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 ProofBest Wine Gifts & Wine Accessories at Every PriceGayotCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Prooflast_img read more

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Why in-house lawyers face an ethical minefield

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comKansas coach fired for using N-word toward Black playerthegrio.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Share whatsapp Show Comments ▼ Rising regulation, higher standards of compliance, and the increased threat of litigation are making the role of in-house lawyers more important, but many are being confronted by a ethical minefield, a new report has found.They have to balance the demands of their primary role, such as upholding the rule of law, with being a commercial team player for the business – which is creating significant ethical challenges, the report, by University College London (UCL) and Birmingham University, said.  Appetite for legal risk involves accepting, even welcoming, tolerance for conduct which may be, even may be likely to be, unlawful.This is sometimes in tension with the professional obligation to promote the rule of law and the guidance to solicitors that they must treat the public interest in the administration of justice as definitive of conflicts between professional obligations.Such tensions also impact on corporate interests: there are relatively recent, serious conduct risk examples of allegations involving lawyers in and/or instructed by Standard Chartered Bank, the News of the World, Barclays, The Times newspaper, BNP Paribas and General Motors.Teams of in-house staff lawyers are typically headed by a general counsel and work in a particular company. This is different from private law firms, where lawyers work in departments focused on a specific area of law, generally outside of and for a range of companies.”Growing evidence [including] our research and some anecdotal commentary suggests that the role of general counsel is under increasing pressure,” Professor Richard Moorhead, director of UCL’s centre for ethics and law and one of the report’s authors, said. “Their professional and ethical boundaries are not as well drawn as may be necessary for the increasingly sophisticated world of in-house work.””What is also clear is that the more-for-less challenge, and the need to be commercial and influential within a business context can pose significant ethical challenges for in-house lawyers. They and their businesses are not always well prepared for such challenges,” Birmingham University’s Dr Steven Vaughan, Moorhead’s co-author, added. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Why in-house lawyers face an ethical minefield center_img Tuesday 7 April 2015 10:11 am Jessica Morris whatsapp Tags: NULLlast_img read more

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EU referendum: Is the UK the most Eurosceptic country in Europe and where can David Cameron find support for reform?

first_img whatsapp EU referendum: Is the UK the most Eurosceptic country in Europe and where can David Cameron find support for reform? Show Comments ▼ Tags: Brexit David Cameron People The UK’s position in Europe is looking ever more tenuous, as the UK gears up for an EU referendum before the end of 2017. Greece is currently flirting with an exit and sentiment across the continent has been affected by the crisis, while the UK is famously divided on the issue. So is the UK the most Eurosceptic country in Europe?One of the best ways to measure this is European elections: in May last year, countries across the EU voted their MEPs. Once MEPs are elected they form part of wider European parties, which unite around different ideologies and agendas. Nigel Farage and 23 of the UK’s 73 MEPs, for example, are members of Europe of Freedom and Direct Democracy (EFDD) a staunchly Eurosceptic, ideologically conservative party.Meanwhile, David Cameron helped to start the European Conservatives and Reformists Group, which aims to reform the EU. It has 21 UK MEPs.The main partiesBelow is a chart showing the rough political positions of the European parties. The size of the bubbles represents the number of MEPs each party has (there’s a full list of abbreviations at the end of the article).Not all parties that aren’t labelled as Eurosceptic are pro-EU – some, such as ALDE (Alliance of Liberals & Democrats for Europe), contain elements that want reform or change. All would change some elements of the EU.What David Cameron will be counting on, however, is like-minded MEPs. So which countries have the largest proportion of EFDD and ECR MEPs as a percentage of their delegation?The UK comes out as the most Eurosceptic country, with 60.3 per cent of its MEPs belonging to either the ECR or EFDD. In second place is Poland, with 39.3 per cent. A full 10 countries have no MEPs in either party.Click the hide button to tuck the visualisation away and continue reading.[custom id=”34″]Opinion pollingAs the General Election showed, pollsters can be way off with their predictions, but surveys add some interesting context.According to a survey by Eurobarometer, a body that conducts surveys of EU countries, 30 per cent of UK respondents view the EU as positive – just two percentage points lower than the 32 per cent who viewed it as negative. That’s a pretty high negative score: only Greece (44 per cent), Cyprus (38 per cent), and Austria (36 per cent) had higher scores.A recent survey by PEW research showed that 55 per cent of people wanted to stay in the EU. Party abbreviationsECR – European Conservatives & Reformists GroupEFDD – Europe of Freedom & Direct Democracy GroupS&D – Group of the Progressive Alliance of Socialists & Democrats in the European ParliamentGUE/NGL – Confederal Group of the European United LeftG/EFA – Group of the Greens/European Free AllianceALDE – Group of the Alliance of Liberals & Democrats for EuropeEPP – Group of the European People’s Party (Christian Democrats)NI – Non-Inscrits  Billy Ehrenberg center_img whatsapp Share Monday 8 June 2015 4:00 amlast_img read more

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Best of the Brokers for 23 July 2015

first_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBallUndoLearn It WiseAfter Losing 70lbs Susan Boyle Is So Skinny Now She Looks Like A ModelLearn It WiseUndo Express KCS whatsapp Wednesday 22 July 2015 8:35 pm Tags: NULL center_img To appear in Best of the Brokers, email your research to [email protected] WORLDCanaccord Genuity downgraded the household appliance retailer from a “hold” to a “sell” recommendation following a “disappointing” first quarter update. The broker said it had cut growth rates and forecasts due to “increasing concerns on the prospects for the UK business”.MITCHELLS & BUTLERSNumis upgraded its rating on the hospitality business from “hold” to “add”, following an 18 per cent decline in the share price. The broker said there should be “limited downside to forecasts, but medium-term upside if the company’s operational efforts gain traction”.SSEWhitman Howard reiterated its “hold” recommendation on the utility firm ahead of today’s trading statement. The broker said: “Overall, we still see the shares as slightly expensive at these levels, although the final dividend is attractive in the very near term.” 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.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.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.org Share Show Comments ▼ Best of the Brokers for 23 July 2015 last_img read more

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London weather: Met Office issues amber and yellow alert for heavy rain and gale force winds, warning weather could cause travel chaos

first_img London weather: Met Office issues amber and yellow alert for heavy rain and gale force winds, warning weather could cause travel chaos Don’t forget your brollies today: the Met Office has just updated its weather warning, taking its alert from yellow to amber in parts of south east England and East Anglia. It has also increased its forecast for rain to 30mm, up from 20mm, which is expected “quite widely”. Heavy rain and gale force winds are expected to hit the country from lunchtime: London, the south east, east and East Midlands are all expected to be buffeted by winds of up to 50mph, particularly on the coast, with 70mm of rain predicted in places.   The rain and wind was “expected to cross much of southern England before clearing to the east on Saturday morning”. https://twitter.com/metoffice/status/624151039630016512 While there is still some uncertainty about just how bad the weather will get, the Met Office has upped its warning for parts of Kent and East Anglia, saying winds of up to 45mph will hit inland areas.    The weather could be intense enough to “bring disruptive wind and rain to some parts” of the country, the body added. Given the large volume of traffic on Friday afternoons, travel could be particuarly chaotic in affected parts of the country.  “The public should be aware of the potential for disruption particularly for those engaged in outdoor activities.”  The distinctly un-summery weather is being caused by an area of low pressure, which will run northeastwards close to southern England until Saturday morning.  The forecasting service said it may update its warning again later today as further information becomes available. Share whatsapp Show Comments ▼ center_img Catherine Neilan whatsapp Friday 24 July 2015 3:16 am Tags: UK weatherlast_img read more

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EU referendum: Fast-growing UK firms want to remain in the European Union and say Brexit will negatively impact their business

first_imgMonday 28 September 2015 8:38 pm Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesUndo Show Comments ▼ Express KCS Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller 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.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com EU referendum: Fast-growing UK firms want to remain in the European Union and say Brexit will negatively impact their business whatsapp High-growth companies are overwhelmingly in favour of Britain remaining in the European Union, according to a poll out yesterday. ECI Partners, a private equity firm, polled more than 300 fast-growing British firms over the summer, finding that nine out of 10 want the UK to remain in the EU. Just over half said that a so-called Brexit would have a negative impact on their business. ECI said that the industrial sector is the most eurosceptic group of companies, with 23 per cent of respondents saying they would support leaving the EU, compared with just five per cent of firms in financial services and one per cent of technology and telecoms companies.  Read more: City may see long-term Brexit benefits says Capital Economics Danny Alexander, former chief secretary to the Treasury, said: “ECI’s research gives us clues as to why fast growing businesses, the real drivers of our economic recovery, are so overwhelmingly pro-Europe. Exporting businesses see Europe as a key market. Firms facing skills shortages can recruit across the EU. “Many foresee the negative consequences of Brexit for their businesses. To thrive in a competitive global economy, I believe that Britain needs to be fully engaged in Europe.” The survey also reveals that growth companies are still plagued by skills shortages, which present a long-term challenge for businesses. Meanwhile, a YouGov poll this week shows that the wider electorate is leaning towards leaving, with 40 per cent of voters backing Brexit and 38 per cent saying they want Britain to remain in the EU. Sixteen per cent said they did not know how they would vote, and six per cent said they would not bother heading to the polls at all. The latest figures were welcomed by euro­sceptic groups, as the last time the “leave” campaign came out on top in a YouGov poll was nearly one year ago, in November 2014.  whatsapplast_img read more

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Broker gets on his bike with a little help from BBC’s Ben Fogle

first_img Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe 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 Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Sunday 11 October 2015 10:40 pm Caitlin Morrison Share whatsappcenter_img whatsapp Broker gets on his bike with a little help from BBC’s Ben Fogle The average charity challenge or fun run usually follows the same routine: a JustGiving page is set up, maybe a website, a few tweets and maybe an inspirational blog to conclude.However, one City broker has raised the bar after getting an end­orsement from BBC presenter Ben Fogle, well-known for his adventures from trekking the Sahara desert to running marathons in the Dolomites, for his own charitable excursion; a 1200km cycle from Brisbane to Sydney over five gruelling days.Wilkinson, who was in the middle of a 60km cycle when The Capitalist caught up with him, said that he met Fogle last week, who was “in­cred­ibly supportive” of his efforts to raise money for Macmillan next month, and agreed to an interview in a documentary Wilkinson is recording all about the challenge. Swish. last_img read more

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News / BIFA adds more seminars as demand soars for details of incoming new regulations

first_img The British International Freight Association (BIFA) has added three new seminar dates for forwarders needing a greater understanding of several developments that will hit the industry in 2016.BIFA representatives said the association was “overwhelmed” by demand for places at a seminar due to be held in London next week, which will look at next May’s introduction of the European Commission’s Unified Customs Code (UCC); July’s introduction of the container weighing amendment to international shipping regulations; as well as ongoing progress of the EU’s Authorised Economic Operator (AEO) scheme.BIFA director general Robert Keen said: “The response to our event next week was overwhelming and demonstrated how much uncertainty there is on how to properly implement the new procedures and regulations, and how changes to European Customs procedures and container weight verification, may affect business.”For example, and as previously reported by The Loadstar, while the container weight verification law was originally aimed at shippers failing to correctly declare container weights, forwarders consolidating less-than-container load (LCL) cargo and which are named the shipper on bills of lading will be directly affected.“With next week’s conference sold out, we decided to deliver a series of regional seminars on the planned changes that will allow members unable to attend next week to also be brought up to date on the new procedures that become law in May and July next year,” Mr Keen added.The additional seminars will take place in Middlesbrough on December 8, Leeds on December 9 and Chelmsford on January 28. By Gavin van Marle 18/11/2015last_img read more

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