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Fiscal Phil brings MPs sunshine, but only if they back him on Brexit

first_img whatsapp Philip Hammond is a man more comfortable poring over spreadsheets than performing stand-up. He prefers an abacus to a microphone and an audience. Fiscal Phil brings MPs sunshine, but only if they back him on Brexit Tags: People Philip Hammond Share “That pay rise I’ve been promising you? I’m bringing it forward a year. The extra money for health care? Yes, you can have that. I’ll even repair the roads, fix the toilets and do up your house!” was the message from Fiscal Phil.There was just one caveat to his feel-good message. “You know that deal we’ve been working on with our competitor in Brussels? Well, if you try and stop it, you won’t get any of this. Remember that at your next union meeting.” whatsapp Monday 29 October 2018 9:18 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoBetterBe20 Stunning Female AthletesBetterBeUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowUndoJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAUndoBridesBlushWhat The Harry Potter Stars Look Like Out Of CostumeBridesBlushUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndo But at times like these, when the staff need a morale boost, even the most bookish company finance director must come down to the shop floor to remind the workers just what it’s all about.Fiscal Phil, as he likes to call himself, pulled out some of his top gags as he delivered the Budget on Monday. He jested that newspaper editors wanted him to hold the event on Halloween so they could write the headline “Hammo House of Horrors”; that new money to help public toilets was the only announcement that hadn’t been “leaked”; and that he had wanted to be chancellor since he was six years old.The workers laughed politely, safe in the knowledge that they’d soon be in the pub.Seeming to take pride in his sub-par gags, Hammond pushed on and on. And on. His speech went on a tour of the UK as he tried to name-check as many places as possible. From Loughborough to Royston, Alderley to South Tees, seemingly nowhere was left forgotten as the man in charge of the purse strings tried to spread the extra money he found down the back of the office sofa as thinly as possible.When the workers on the green benches weren’t dozing off (David Davis was among the Tory grandees resting his eyes) there were occasional cheers for the more uplifting parts of the boss’s speech. Owen Bennett Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead Morelast_img read more

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Mayor Becker, staff keep city business moving forward

first_imgJuneau | Local GovernmentMayor Becker, staff keep city business moving forwardDecember 3, 2015 by Lisa Phu Share:Mary Becker sits in the office of the mayor at Juneau’s City Hall on Dec. 3, 2015. (Photo by Lisa Phu/KTOO)As Juneau’s mayor, Mary Becker is establishing regular office hours at city hall, attending meetings scheduled by the late mayor and educating herself on her new role. At the same time, she wants to follow through with some of Greg Fisk’s initiatives.Audio Playerhttps://media.ktoo.org/2015/12/04MARY.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Since Tuesday, Mary Becker has been going to city hall every day and working in the office of the mayor.“This is Greg’s office. This is the mayor’s office. And now that I’m in this position, this is my office now,” Becker said.She hasn’t moved anything around. She’s barely touched anything.Becker was re-elected to serve as deputy mayor by the Assembly in October. Per city charter, that position succeeds as mayor in the event of a vacancy“When you say yes to being deputy mayor, you know that it’s always a possibility,” Becker said. “It’s not just a title. It comes with a responsibility.”A lot of her time as mayor so far has been spent talking about Fisk. His death on Monday attracted national attention and for a couple of days she had reporters from all over the country calling her from 5 a.m. to midnight.When Fisk was elected in October, Becker said he was a breath of fresh air for the community.Greg Fisk on Election Night, Oct. 6, 2015. He won the mayor seat by a 2-1 margin. (Photo by Lisa Phu/KTOO)“It was a new regime,” she said.One of Fisk’s new ideas was how to run the annual assembly retreat, which will still take place on Dec. 14.“Greg wrote such a well-thought-out method for us to use … . We’ll be honoring his memory to be doing this process,” Becker said.In a Nov. 25 memo, Fisk wrote that he wanted the assembly to identify a big picture “common vision” for the community to work toward for many years to come. He didn’t want to just focus on current issues facing Juneau or to look only at the upcoming year.In the past, City Manager Kim Kiefer said the assembly retreat has focused on 10 to 15 different priorities. This year, she said, Fisk wanted the assembly to establish just a few overarching goals.“It was just a different way to approach a process that’s happened in the past, and put it more into the – let’s look at where we want to go and figure out what the steps are that we need to take now to get ourselves to that point,” Kiefer said.Along with the memo, Fisk provided links to websites of cities that have established visions, goals and ideals.Kiefer said she was excited for the changes Fisk had planned.“He was also very respectful of the process that was set in place already. He made the determination not to change up committees because he knew he was the new person on the assembly,” Kiefer said. “So he wasn’t into ‘This is Greg Fisk as mayor, (this is) how it’s going to happen.’ It was, ‘How do we bring everyone along to that new vision?’”Prior to becoming mayor, Fisk was co-chair of a NOAA Task Force formed by the assembly in 2014. The goal of the task force was to lure federal research jobs to Alaska. He had a meeting scheduled in a few weeks with local NOAA staff; Kiefer said that meeting will still happen.“We need to continue to move that forward. Because of his expertise, he added a lot of knowledge, so we will miss that knowledge definitely. But we need to have that meeting. We owe it to him,” Kiefer said.As city business continues to move forward with Becker as mayor, the assembly needs to appoint someone to the now vacant assembly seat. Then, the assembly can opt to call a special election for mayor or wait until the next regular election in October when both seats will be on the ballot.Becker said she’s comfortable being mayor till October. A special election would cost the city about $35,000, Kiefer said.The assembly’s next regular meeting is Dec. 21.Share this story:last_img read more

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This Time Lapse Is a Reminder That We Live in Paradise

first_imgUncategorizedThis Time Lapse Is a Reminder That We Live in ParadiseWhether the city is blanketed with rare storm clouds or dusted with golden light, it’s never looked betterBy Thomas Harlander – May 4, 2017902ShareEmailFacebookTwitterPinterestReddItWe’ve seen our fair share of gorgeous time lapse videography of Los Angeles (case in point), but guys, this one is next level. Entitled “Last Light,” it shows L.A. at golden hour and awash in dark clouds—the result of videographer Colin Rich’s two-year-long quest to, in his words, “capture the city in a seldom seen light; torrential rain and dark stormy skies.”But in spite of the weather, Rich captures the signature light that lends L.A. so much of its allure. It’s that late-afternoon light, “golden pink off the bay through the smog and onto the palm fronds,” that writer Lawrence Weschler pined for in 1998. It’s that “cotton candy” sky that makes Vin Scully get all rhapsodic. As you watch the city sprawl begin to glow at dusk, it’s impossible to not feel all warm and Huell-Howsery inside. TAGStime lapsePrevious articleThis Hill by LAX Attracts “Planespotters” from Across the CountryNext articleHere’s Where to Find Great Matcha Drinks and Desserts in L.A.Thomas Harlander RELATED ARTICLESMORE FROM AUTHORThis Bird’s-Eye View of Fireworks in Los Angeles Is Madnesslast_img read more

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La esperanza florece en una desertora norcoreana

first_img By Daily NK – 2015.01.19 11:44am Song Yeon pone énfasis en el hecho de que,si un desertor o desertora de Corea del Norte quiere hacer negocios, debe dejarde lado la timidez y, con una actitud confiada, conocer y discutir con el mayornúmero de personas posible, ya que es a través de estas personas como se puedeobtener información pertinente a los negocios. En efecto, al haber realizadotantas actividades para ganarse la vida, pudo conocer a mucha gente. Pasaron unos seis años desde que escapó delNorte hasta que llegó a Corea del Sur. Fue una época llena de peligros, ya quesiempre estaba el riesgo de ser denunciada por alguien y deportada a su lugarde origen. Afortunadamente, pudo salir de esta situación crítica con la ayudade un pastor surcoreano; sin embargo, de todos modos tuvo que vivir escondidaen una aldea rural china durante un largo tiempo. Durante este período, se ganóel sustento realizando sin respiro labores agrícolas y trabajando en una fábricade tteok (un tipo de pastel hecho a base de arroz glutinoso). En el veranorealizaba faenas agrícolas bajo el sol ardiente desde las cinco de la mañanahasta el atardecer, mientras que en invierno trabajaba sin descanso en la fábricadesde las tres de la madrugada hasta las ocho de la noche. Pese a que trabajabamás de 15 horas diarias, no podía conseguir más que un mísero salario. En mediode esta vida agotadora, su sueño de emigrar a Corea del Sur comenzó poco a pocoa desvanecerse. Las florerías están una al lado de la otraen el distrito Namdong, en la ciudad de Incheon, Corea del Sur. En este lugarse ubica la tienda “Incheon Sarang Flower”, en la cual trabaja Ho Song Yeon(pseudónimo, en la fotografía), desertora norcoreana. Song Yeon estableció sutienda en abril del año 2013, y si bien no ha pasado mucho tiempo, con esfuerzoy devoción “Incheon Sarang Flower” está creciendo. Facebook Twitter There are signs that North Korea is running into serious difficulties with its corn harvest RELATED ARTICLESMORE FROM AUTHOR Nunca pensó que las dificultades queexperimentó cuando trabajaba como repartidora de notificaciones serían unaayuda posteriormente. Según cuenta, lo que la llevó al lugar en el que está fuesu determinación y pensamiento positivo. Ahora, y mirando en perspectiva, SongYeon ve cómo sus experiencias son ahora los nutrientes para su futurofloreciente. El tesoro de tener una familia La esperanza florece en una desertora norcoreana No obstante, la felicidad que le dio suhija duró poco, ya que las preocupaciones surgieron otra vez. La vida esriesgosa para un desertor norcoreano en China, y le dolía pensar ladiscriminación y prejuicios que la niña tendría que sufrir en el país. Porello, y tras discutir con su marido, ambos resolvieron ir a Corea del Sur. Habíanpasado exactamente seis años desde que escapó de Corea del Norte. News AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Trabajaba tanto que no tenía tiempo paracuidar su salud. Una noche, se despertó sofocada y con la sensación de que sucuerpo estaba paralizándose poco a poco. El dolor se presentó a intervalos deuna hora, y repentinamente pensó que quizá iba a morir. Como pudo, se dirigióal hospital del vecindario, en donde el médico la reprendió por descuidar sucuerpo hasta ese punto. Tenía cirrosis hepática. “Me dan mareos de solo pensaren ese momento. La salud es un bien de valor”, dijo amargamente. “Hace poco meencontraron un tumor en el pecho, que por suerte no es maligno. Pero meestremecí de solo escuchar esas palabras”, recuerda. “Como supe de esta campaña solo dos díasantes de la fecha límite para la entrega de documentos, no hubo mucho tiempopara prepararse. Llené el formulario de postulación, y hablé de mi situacióncon honestidad durante la entrevista. Les hablé sobre las dificultades a lasque me enfrenté cuando me hice cargo de la florería, y sobre los altos costesque tenía que pagar por el servicio de despacho rápido. Me dio la impresión deque los entrevistadores miraron con buenos ojos mi historia”, relató Song Yeon. Al principio, cuando Song Yeon planeabaestablecer su florería, la gente a su alrededor le aconsejaba que desistiera,que hacerlo era imprudente. En lugar de eso, decidió hacerse cargo de la tiendade un conocido suyo. Aunque no tenía experiencia trabajando en el comercio deflores, tenía confianza en que podría hacerlo bien. El problema, sin embargo,era el dinero. Buscó por todos los medios un crédito, y a travé de esteconsiguió los fondos necesarios para preparar su propio negocio. Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak En aquella época infernal, una personaapareció en la vida de Song Yeon. Un conocido le presentó este hombre, denacionalidad china, quien supo comprender mejor que nadie su situación de vida.Se trataba de un hombre relativamente próspero, quien le permitió dejar de ladoaquella vida de sufrimientos que llevaba, para formar una familia (incluida unahija en camino). Finalmente, recibió un vehículo, un cochede forma cuadrada y con un amplio maletero, que le permite transportar variasmacetas de flores. En su nuevo medio de transporte, Song Yeon ahora recorretoda la ciudad de Incheon repartiendo pedidos de flores. Por otra parte, si bien pudo cobrarconfianza en sí misma, las labores en la florería no fueron siempre fáciles.Durante unos dos o tres meses tuvo que ponerse parches transdérmicos en todo elcuerpo, para aliviar el dolor producido por el constante acarreo de macetaspesadas. Como no tenía un vehículo, tuvo que recurrir al uso de servicios dedespacho rápido para la entrega de los pedidos, pero estos servicios no eraneconómicos. Aproximadamente el 10% de las ventas se destinaba a pagarlos. Fueentonces cuando a través del esposo de su hermana se enteró de una campañallamada “Gift Car Campaign”, iniciada por una empresa automotriz, y que teníacomo objetivo facilitar vehículos a quienes los necesitasen. News “Como trabajé como repartidora decorrespondencia, conozco bien cada rincón de Incheon, así que puedo usar atajosque otras personas no conocen, para ahorrar tiempo”, dijo. El poder del pensamiento positivo News Ho Song Yeon escapó de Corea del Norte en1998, a la edad de 22 años. Tras la muerte de su padre, la situación familiarcomenzó a desmoronarse, por lo que resolvió irse de su país. Su padre le habíahablado de Corea del Sur en numerosas ocasiones, describiéndolo como un lugaren el que las personas pueden comer hasta saciarse. Pensando en estas historiasque había escuchado desde la infancia, decidió ponerse en ruta hacia el sur. News Image: Daily NK Recorre el mercado al por mayor desdetemprano por la mañana, lugar al cual llegan flores frescas traídas portransporte aéreo. Estas flores se limpian y con ellas se hacen arreglosflorales, los que posteriormente son despachados con rapidez y precisión a losclientes. De esta manera, la jornada pasa rápidamente. “Poder trabajar en mipropia tienda es como un sueño. Estuve en China durante seis años, tras loscuales me vine a Corea del Sur. Si bien no hay trabajo que no haya realizado enestos diez años, siempre tuve el sueño de tener mi propio lugar de trabajo, mipropia tienda, un lugar como este”, afirmó. Su hija nació en Hanawon, un centro en elcual los desertores reciben educación para adaptarse a la vida en Corea delSur; sin embargo, no pudo recibir cuidados postnatales adecuadamente. Si bienSong Yeon había previsto hasta un cierto punto las dificultades que podríaexperimentar en su nueva vida en el sur, no pudo evitar que una gran crisis legolpeara. Como no pudo registrar oficialmente su matrimonio con su esposochino, Song Yeon fue cateogorizada como “madre soltera”, por lo que no le fue posibleacceder a subsidios; por el contrario, y a diferencia de otros desertores, nopudo recibir más que un poco de dinero para establecerse en el país. Más aún:estaba registrada como parte del grupo familiar de su hermana menor, quien sehabía establecido en Corea del Sur tras escapar del norte anteriormente, y porello, no podía recibir beneficios para acceder a una casa propia. SHARE Pese a estas circunstancias tanlamentables, no había tiempo para quejarse. Por el bienestar de su hija, ahorrócada moneda y trabajó como si la jornada tuviese 48 horas. Durante el día,trabajaba como repartidora de facturas, planificadora de seguros y vendedora deproductos cosméticos; por la tarde y noche, trabajaba a tiempo parcial en unrestaurante. Trabajó en todo momento, sin poder dormir más que unas tres ocuatro horas cada noche, y pensando solamente en su hija. Image: Daily NK North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

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Two Aston Hill funds get in-house management

NEO, Invesco launch four index PTFs Related news Aston Hill Advantage Bond Fund (TSX: MBB.UN) has a forward agreement which provides exposure to the return on the portfolio held by Aston Hill MBB Trust. Sandy Liang, portfolio manager at Aston Hill, will become the lead portfolio manager of the funds. Liang is currently the lead portfolio manager on Aston Hill Strategic Yield Fund and is a key member of the Aston Hill investment management team. He has been in the investment business since 1991 and a corporate debt specialist since 1996. Liang joined Aston Hill after three years spent at Cobalt Capital Management, a shedge fund based in New York. While at Cobalt Capital, he was responsible for the firm’s fixed income investments comprised of high yield debt, investment grade debt, convertible bonds and syndicated bank loans. Liang holds the Chartered Financial Analyst designation, and graduated from the University of Western Ontario with a B.A. in Economics and McGill University with an M.B.A. Aston Hill is a wholly owned subsidiary of Aston Hill Financial Inc. (TSX: AHF). IE Staff Change to Counsel Global Small Cap Fund Share this article and your comments with peers on social media Toronto-based Aston Hill Asset Management Inc. said Tuesday it will assume responsibility for portfolio management for two of its funds on April 26. The two funds Aston Hill Advantage Bond Fund (formerly Manulife Brompton Advantaged Bond Fund), and Aston Hill MBB Trust (formerly MBB Trust). Keywords Fund managersCompanies Aston Hill Financial Inc. Facebook LinkedIn Twitter Franklin Templeton renames funds with new managers read more

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CSA announces cutover date for online filing

first_img Originally, the changeover to CGI was scheduled to take place last year, but the CSA delayed the switch to ensure that it would be a smooth transition. (See Investment Executive, CSA electronic filing switchover delayed again, November 14, 2013.) Today, the CSA said that the date for the cutover is now scheduled for January 13. As a result, the systems will not be available from 20:00 ET January 10 to 07:00 ET January 13. New SEDAR desktop software will also be available on January 13, and the CSA says that it must be installed within two weeks to maintain access to the SEDAR system. Users of the SEDI and NRD systems do not need to do anything in preparation for, or as a result of, the transition. Facebook LinkedIn Twitter CSA reveals name for revamped filing system Related news Securities regulators will be switching over their various national databases to their new service provider on Jan. 13. The Canadian Securities Administrators (CSA) today announced that it is now ready for CGI Information Systems and Management Consultants Inc. to take over responsibility for the hosting, operation and maintenance of its various systems, including the System for Electronic Document Analysis and Retrieval (SEDAR), the System for Electronic Disclosure by Insiders (SEDI) and the National Registration Database (NRD). James Langton center_img Keywords SEDAR,  National Registration DatabaseCompanies Canadian Securities Administrators Industry demands voice on CSA systems reno IFIC voices support for CSA’s systems renewal program Share this article and your comments with peers on social medialast_img read more

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LNG Price to be Agreed

first_imgRelatedLNG Price to be Agreed Advertisements RelatedLNG Price to be Agreed RelatedLNG Price to be Agreedcenter_img FacebookTwitterWhatsAppEmail Trinidad and Tobago has agreed to supply LNG to Jamaica at a price to be agreed. However no third party should benefit from the arrangement. This was disclosed at a joint press briefing hosted by the Prime Minister of Jamaica, Portia Simpson Miller and Trinidad & Tobago’s Prime Minister Patrick Manning in Port of Spain this morning (April 25, 2006). The press briefing followed the holding of bilateral talks between the two Heads.Prime Minister Simpson Miller, who is on her first official visit abroad since assuming office almost a month ago, said that the arrangement must be of benefit to the two countries. Technical teams of both countries will be meeting to hammer out the details of the price agreement.Meanwhile, Prime Minister Patrick Manning said that despite weaknesses in the Petrocaribe agreement, Trinidad & Tobago was prepared to facilitate the arrangement.Fielding questions from journalists in the twin-island Republic, Simpson Miller said that she was committed to investing in the aluminum smelter plant to be built in Trinidad. She said that the project would benefit the countries and their citizens.Turning to the matter of security, the Jamaican PM told the press that the country was reaping some success from the assistance of foreign partners in the fight against crime and violence. She also said that the Ministers in charge of national security from Jamaica and Trinidad & Tobago were working together on areas such as the security of our borders and drug trafficking.The Hon. Portia Simpson Miller, who was asked to comment on recent events in Guyana, expressed sympathy to the Government and people of Guyana on the shooting death of the Agriculture Minister Mr. Satyadeow Sawh. She said that she was concerned about the number of murders being committed across the region.After the press briefing, she attended a children’s rally put on by the Ministry of Education that involved several cultural items at the Jean Pierre Sports Complex Port of Spain. The Prime Minister told hundreds of students from primary and secondary schools, that the region’s history of survival and triumph was a proud history. She said that that history should be taught to the region’s children in their homes, school and communities.The Prime Minister later addressed the Trinidad & Tobago Manufacturers’ Association where she spoke to the business community. LNG Price to be Agreed UncategorizedApril 25, 2006last_img read more

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JDBC Hosts Product Development Workshops

first_imgFacebookTwitterWhatsAppEmail Producers of jams, jellies, candies, aromatherapy and fashion items, are benefiting from a series of workshops organized by the Jamaica Business Development Centre (JBDC), as the agency focuses on product development for the 2007 ICC Cricket World Cup.Chief Executive Officer (CEO) of the JBDC, Valerie Veira, told JIS News that the workshops were providing technical assistance, which would inspire the creation of high quality products to meet the standard for the upcoming tournament.“We are .refining and re-defining them (the product), ensuring that they are packaged correctly with the right information and that they meet the requirements for the international market,” the CEO explained.She noted that “exotic foods such as jams, jellies, candies; aromatherapy and designed products in terms of fashion,” were some of the various “business areas, which have been opened up for Cricket World Cup”.In the meantime, Mrs. Veira has informed that the JBDC has obtained a licence “which will be used to umbrella some of the small producers, who wouldn’t qualify to have licences themselves to produce logo items.”“We are using cricket as an excuse to expand businesses and to deepen people’s awareness about business opportunities in Jamaica, the standards required and how to manage the process,” she added. The CEO said that the 200 small business operators were identified from among approximately 1,000 persons, who attended the islandwide sensitization sessions that JBDC hosted earlier in the year.The sessions examined the various issues related to business development such as intellectual property rights, including the inappropriate use of marks and logos; licencing and merchandising; packaging; costing; financing and marketing. RelatedJDBC Hosts Product Development Workshops JDBC Hosts Product Development Workshops UncategorizedDecember 8, 2006 RelatedJDBC Hosts Product Development Workshopscenter_img RelatedJDBC Hosts Product Development Workshops Advertisementslast_img read more

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Jamaican Books Presented to Canadian School

first_imgJamaican Books Presented to Canadian School UncategorizedFebruary 21, 2008 Advertisements RelatedJamaican Books Presented to Canadian School RelatedJamaican Books Presented to Canadian Schoolcenter_img FacebookTwitterWhatsAppEmail Students and teachers at a school in Toronto, Canada, will be learning more about Jamaica, thanks to a donation of books by Jamaica’s Consul General to Toronto, Anne-Marie Bonner.The Consul General recently presented more than 20 books on a wide-range of topics to North Kipling Junior Middle School in West Toronto.Miss Bonner said the books were received from the University of the West Indies Press and their local distributors, Scholarly Books Services Inc.The donation came as a result of discussions held last year between Miss Bonner and John Hastings, a Trustee with the Toronto District School Board (TDSB), on how to deepen understanding of the Caribbean among Canadian students.The Consul General expressed pleasure at being instrumental in assisting with the young people’s understanding of the region. “This is a modest donation, but it is a small step that can go a long way to complement the excellent public library system here in Toronto. The titles cover a wide range of subjects – history, women’s issues, education and culture. It reflects the work of some of our outstanding authors and it is a fine selection that I know you will find interesting and stimulating,” she said.Some of the titles include, ‘The Earliest Inhabitants: The Dynamics of the Jamaica Taino’, ‘African Runaways and Maroons in the Americas’, ‘Jamaican Athletics: A Model for the World’, ‘The Chinese in the West Indies, 1806-1995’, and ‘From Jamaican Creole to Standard English: A Handbook for Teachers’.Several publications by the Jamaica Information Service (JIS) were also donated to the school, including ‘The Government of Jamaica’, ‘Our Culinary Heritage’, ‘Our Cultural Heritage’, ‘A Fi Wi Culture’ and ‘Rhythms – Jamaica’s Heritage in Music and Dance’.The Consul General urged the children to make good use of the publications. “Reading will be a vital skill for your future. Enjoy reading as it opens a whole world of possibilities, not just for career choice but for your enjoyment and fulfillment,” she said.Thanking the Consul General was the principal of North Kipling Junior Middle School, Lesa Semcesen. RelatedJamaican Books Presented to Canadian Schoollast_img read more

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Economic Update speech

first_imgEconomic Update speech Mr Speaker,Before I begin, I’m sure the whole House will join me in wanting to send our very best wishes to my Right Honourable Friend the member for Old Bexley and Sidcup.I’ve been fortunate to work closely with him, and he is one of the nicest and most decent people in politics, a fantastic Minister, and a tireless advocate for his constituents.We all look forward to a speedy recovery and seeing him back in this place as soon as possible.Mr Speaker,Last week, the Prime Minister set out the actions we must take to control the spread of coronavirus.With your permission, today I’d like to update the House on the economic situation we currently face, the action we are taking to support the British people and businesses through this crisis, and the factors influencing our outlook.Mr Speaker,As the House knows well, coronavirus has already caused significant harm to our economy.The scale of this impact bears repeating. GDP fell by 18.8% in the second quarter of 2020.And while the economy grew as the country opened up over the Summer, it remained 6.7 percent smaller than it was before the crisis.The OBR’s November forecast showed GDP falling again in the final quarter of last year, and also forecast the largest fall in annual output for over 300 years.Even with the significant economic support we’ve provided, over 800,000 people have lost their job since February.And while the new national restrictions are necessary to control the spread of the virus, they will have a further significant economic impact.We should expect the economy to get worse before it gets better.Mr Speaker,In response, the Government has put in place a comprehensive economic plan.We have provided a fiscal stimulus of over £280 billion.To fund our Plan for Jobs.To support public services like the NHS.And to provide financial support for millions of people and businesses.1.2 million employers have furloughed almost 10 million employees.Almost 3 million people have benefitted from our self-employment grants, taking total support for the self-employed to nearly £20 billion.Over 1.4 million small and medium sized companies have received government-backed loans, worth over £68 billion.Tens of billions of pounds of tax cuts, tax deferrals and cash grants have been delivered to businesses.And the United Kingdom government has guaranteed at least £16.8 billion of additional funding for the devolved administrations in Scotland, Wales and Northern Ireland.In response to the new national lockdown, we are extending and increasing our financial support.We are providing a bridge for people and businesses until the economy reopens, and to give them the chance to rebuild productive capacity.To do that, we have extended the furlough scheme to April.We’re supporting self-employed people with a fourth income grant.And we’ve announced, alongside the introduction of new restrictions, an extra £4.6 billion to protect UK jobs and businesses.All business premises in England which are legally required to close – including in retail, hospitality and leisure – can now claim one-off grants of up to £9,000 for each of their business premises, benefitting over 600,000 businesses and coming on top of the existing grants worth up to £3,000 paid each month.We’ve also made available discretionary funds of half a billion for local authorities in England to support local businesses in those areas on top of the £1.1 billion of discretionary funds we’ve already provided to local councils.Sadly, we have not, and will not, be able to save every job and every business.But I am confident that our economic plan is supporting the finances of millions of people and businesses.Across almost all areas of economic policy, we are providing comparable or greater support than all our international peers.And, as the Office of Budget Responsibility, the Bank of England, and the IMF have all recognised, our economic response is making a difference saving jobs, keeping businesses afloat, and supporting people’s incomes.Mr Speaker,Now, looking forward, there are signs of hope.Firstly, with the vaccine, we can start to see a path out of coronavirus.Vaccine rollout is our most important economic lever, so and we’ve made available over £6 billion.We’ve now administered over 2.4 million vaccine doses across the United Kingdom.And by February the 15th, we aim to have offered a first vaccine dose to everyone in the top four priority groups identified by the Joint Committee on Vaccination and Immunisation.And the data shows there are potential sources of underlying resilience in our economy. In aggregate we have seen the household savings ratio reach record levels and, taken as a whole, corporate sector cash buffers have improved.And, of course, we have now agreed a new trading partnership with the European Union.We have removed that uncertainty from businesses and can now start to do things differently and better. Not least in financial services, where in November I outlined for the House our plan to reinforce the UK’s position as a globally preeminent financial centre.Mr Speaker,While the vaccine provides hope, the economy is going to get worse before it gets better.Many people are losing their jobs.Businesses are struggling.Our public finances have been badly damaged and will need repair.The road ahead will be tough.Now it is time for responsible management of our economy; taking the difficult but right long-term decisions for our country.But Mr Speaker, I am confident that with the comprehensive support the Government is providing and, above all, the determination, enterprise and resilience of the British people we will get through this.And I commend this statement to the House. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. 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