Hours later, however, as details emerged of America’s controversial new immigration policy, May was on the back foot and ultimately had no choice but to join the chorus of international criticism that has met the President’s order.Read more: Theresa May distances herself from Trump’s immigration stanceMeanwhile, senior US figures point out that the proposed travel ban is likely to cause lasting harm to US interests and will offer little in the way of additional security.Alongside this political backlash and the protests springing up at airports and outside the White House, the reaction of the business world has been particularly interesting.The instincts of many business leaders, particularly those in the tech world, run counter to the idea of walls, travel bans and ‘enhanced vetting’. whatsapp Events have moved fast since Theresa May walked hand-in-hand with President Trump outside the White House.Initial reaction to May’s Washington visit was positive: the PM had charmed Congressional Republicans, banged the drum for increased US-UK trade and held a successful press conference with the new President. As Bloomberg’s Francine Lacqua argued in these pages last week, business leaders “need to speak out against Trump’s bullying”. She was referring to his broadsides against specific companies or business practices, but as the new US administration takes shape we can expect more vocal criticism of Trump’s broader policy agenda.Politicians and business leaders alike are discovering just how different – and difficult – Trump’s America is going to be. Tech giants are hitting back against Donald Trump’s immigration ban Christian May Read more: British nationals will be exempt from Trump’s travel banThe corporate criticism of Trump’s latest executive order is both practical and moral. Apple has shared its concerns directly with the new administration while CEO Tim Cook has told staff in response that “diversity makes us stronger”.Apple’s founder, Steve Jobs, was the child of a Syrian immigrant, after all. The CEO of Netflix has described the move as “un-American” and Twitter boss Jack Dorsey has condemned the “real and upsetting” human and financial costs of the order.Airbnb moved quickly to offer accommodation to travellers caught up in the mess and Uber’s founder, Travis Kalanick – who sits on Trump’s business advisory board – has set up a multi-million dollar fund to help Uber drivers affected by the policy with legal fees. He described the policy as being “against everything Uber stands for”.Read more: Mo Farah slams Trump’s travel ban as “deeply troubling” Monday 30 January 2017 5:00 am Share whatsapp
whatsapp Raab’s excellent work in Parliament has largely focused on championing the “little guy” – and in this case, small businesses who are working long hours and on tight margins and who do not have the time or the clout to put up a fight against the taxman. That’s why he has recommended that financial penalties should be imposed on HMRC to compensate taxpayers who suffer from the arbitrary use of new powers.The tax system should be fair but, crucially, also seen to be fair. Our 23,000-page tax code contains far too many taxes that are the biggest cost of living for most families. Too many taxes are also disguised as higher prices or levies on business. And complication means that taxpayers feel that others exploit loopholes and don’t pay their fair share. We have to change that by simplifying the tax system – the prizes are significant. whatsapp Share The tax system is not just burdensome for families and businesses – it’s also a nightmare for HMRC to administer. The stories of bungles are all too frequent, with even simple PAYE calculations regularly going wrong. Many trust that the right amount of tax is deducted from their payslip and are left hard-up when they are told they must pay money back (under the threat of imprisonment, let’s remember). That HMRC makes such errors is of course partly down to incompetence, but it’s also indicative of a ludicrously complex system that went out of control some time ago.Read more: Punitive taxation is threatening the competitiveness of UK bankingDominic Raab MP has outlined what should be done about this in a new paper for the TaxPayers’ Alliance, recommending ways to simplify the system.He rightly says that the Office of Tax Simplification should play a bigger role in the design of the system – it does good work. He says that Corporation Tax should be replaced by a tax on distributed profits too. Again, spot on – Corporation Tax has had its day and is no longer suitable for a global economy which is not based on bricks and mortar businesses.Raab also argues for a big simplification of payroll taxes, with a cut in National Insurance for the lowest paid workers. This can be done by raising the threshold at which employees start paying National Insurance to the same level as that of income tax, currently £11,000. What’s clear is that complicated taxes punish families and mean businesses spend less time innovating and less money investing. Punish HMRC for arbitrarily bullying the victims of our complex tax code Read more: National insurance is a complicated relic: Axe it in three simple stepsPresumably as befuddled by the tax system as the rest of us, HMRC has stealthily acquired arbitrary powers to collect more money from so-called tax avoiders. In 2014 a new power was conferred upon the taxman to issue Accelerated Payment Notices (APNs), which are sent to those who have been “found” to have been using tax avoidance schemes.These notices mean that HMRC can demand payment of tax owed upfront within 90 days – but crucially, before the charge can be contested. Some may cheer this as tax dodgers getting their comeuppance but, tellingly, HMRC has had to withdraw 2,000 APNs after their targets were found not to be covered by the Disclosure of Tax Avoidance Schemes policy.HMRC also has a new power known as the Direct Recovery of Debts, where arrears of over £1,000 can simply be taken directly from the taxpayer’s bank account. As Raab argues in his paper, this rule has not been used formally all that often, but the power it confers has been used to bully taxpayers.Read more: Can big business relax? HMRC is pulling in less cash from tax probes John O’ConnellJohn O’Connell is chief executive of the TaxPayers’ Alliance A good rule of thumb for a system or process: if you sat down and designed it from scratch, would it look like it does now?Ask that question of the tax system and the answer, of course, is a resounding “no”. It is a hideously complicated mess that punishes families and businesses, while destroying trust in the notion that everyone plays by the same rules. 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He also said the EU is “sensitive to talk of unpicking financial legislation” such as the Dodd Frank regulations in the US, which Trump has promised to abolish.Read more: Germany says Brexit will end UK’s “gateway to Europe” for banks“Europe is entitled to gently suggest international cooperation on financial governance is in everyone’s interest,” said Dombrovskis. London’s financial services can thrive says EU commissioner – but only if we work together whatsapp Friday 10 February 2017 12:45 pm London’s financial services can continue to thrive after Brexit but only if it works with the EU on regulation, according to a top EU diplomat.In a speech in the capital Valdis Dombrovskis, the EU’s commissioner for financial services, called for a more harmonised international regulatory system, in which the UK can play a central part. Dombrovskis said: “All these agreements are mutually beneficial because properly managed financial integration makes our system stronger, keeps our companies competitive, and supports investment and high quality service across different markets.”Read more: Top EU envoy jets into town for talks with chancellor and City chiefsHowever, the comments come after a member of the German central bank, Andreas Dombret, warned that equivalence would not be sufficient to stop financial services firms moving some operations to Europe.Dombrovskis also criticised the deregulatory agenda of US President Donald Trump, and issued a veiled warning that the UK should not follow the same path.“We should be ready to defend longstanding European values when they are threatened or when evidence based policy is assaulted by alternative facts,” he said, referencing the infamous description of easily disprovable comments by Trump’s spokesperson. Jasper Jolly He said: “Regardless of the UK’s future relationship with the EU, London will only continue to thrive on the basis of a strong international system.”Read more: “Our aim certainly is not to punish the UK,” insists EU commissionerDombrovskis previously told City A.M. the EU would not look to “punish” the UK’s financial services after Brexit. He is in London to discuss Brexit with the chancellor, Philip Hammond, as well as City leaders.He pointed to existing initiatives with the US and countries in the Asia-Pacific region as examples of forums for “effective multilateral and bilateral regulatory cooperation.”Multiple agreements with other countries already allow regulatory equivalence for financial services firms in various sectors, including clearing, asset management, and insurance. Share whatsapp
Tuesday 7 March 2017 11:47 am The ONS said 400 domestic deals worth £23.9bn were successful during the year, the highest number and value since 2008.Read more: This isn’t an M&A bubble: It’s the start of an unprecedented boomElsewhere, UK companies held back from international takeovers last year.The ONS found 135 outbound UK deals worth £16.7bn during the year, down from 170 worth £25.6bn in 2015.In the final quarter, there were 13 worth £3.1bn, down from 49 worth £3.1bn in the third quarter and 51 worth £3bn in the last quarter of 2015. Outbound deals completed included information business Informa’s £1.2bn deal for US rival Penton. whatsapp Foreign takeovers of British companies reached record levels last year as mega-deals announced during 2015 were tied up.In 2016, the Office for National Statistics (ONS) tracked 227 foreign takeovers, the highest annual number since 2011, worth £187.4bn, the highest total value since records began in 1969. This year has started with a flurry of deals, including Tesco’s £3.7bn Booker takeover, the £11bn Standard Life-Aberdeen Asset Management merger and Reckitt Benckiser’s $16.6bn bid for Mead Johnson. Share These figures were boosted by AB InBev’s £79bn takeover of SABMiller and Royal Dutch Shell’s £35bn BG Group acquisition. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPuffer fish snaps a selfie with lucky divernypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Foreign takeovers in the UK hit record levels last year as Megabrew and BG-Shell deals completed William Turvill Read more: Standard Life-Aberdeen deal expected to spark asset management M&A flurryOther statistics show that 2016 was a subdued year for UK mergers and acquisitions (M&A) activity, which was hit by uncertainty around the EU referendum and the Brexit vote. However, the ONS stats differ because they focus on completed deals rather than newly announced ones.The ONS figures, released today, also show it was a strong year for domestic M&A, helped by BT’s £12.5bn EE deal and the Sainsbury’s takeover of Argos. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAnyMuscle.comNatural Ways to Reduce Your Risk of Suffering From CancerAnyMuscle.comBeach RaiderHer Belly Keeps Growing, Doctor Sees Scan And CryBeach Raidergeasbest2Reasons Why Cats Follow Us to The Bathroomgeasbest2Roof Replacement Services | Search AdsCommercial Roofing Specialists’s Charges In Scottsdale Might Surprise YouRoof Replacement Services | Search AdsAuto carLook: Top 5 best small SUVs 2021 | AutocarAuto carElvenarIf You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.ElvenarHealthyTed Health MagazineHow to Get Rid of a Headache in 5 Minutes Without PillsHealthyTed Health MagazinealldelishHere is what happens to your body when you start eating 2 eggs every dayalldelishweniixTop 5 Best Affordable Sports Cars 2021 – WENIIXweniix whatsapp
John O’ConnellJohn O’Connell is chief executive of the TaxPayers’ Alliance But we shouldn’t forget that there is still some way to go before the public finances are repaired. Mark Littlewood of the Institute of Economic Affairs pointed out yesterday that the chancellor now seems to be counting on growth to do the work of deficit reduction for him, so that he doesn’t have to make any new spending cuts.Read more: Consumer-led growth is unsustainable says Sir Charlie BeanYet there are still big-ticket items that can and should be scrapped so that we can enter the negotiations with the EU on a sounder footing. Take HS2 – that £56bn (and counting) monstrosity should be ditched for smaller, more targeted infrastructure projects that deliver better value for money and save taxpayers’ cash. We could also save £6bn a year by getting rid of the state pension triple lock – which, given the wriggle room we now seem to have with manifesto commitments, is doable. Hammond also spent a lot of the statement talking about the need to adequately fund social care, so this seems like an even more sensible move.The other thorny policy area he had to deal with was business rates. While some trade groups responded badly to the specific relief measures, it was actually very encouraging to hear that the chancellor appreciates that the business rates revaluation process must be more regular and much smoother. That will head off the kind of political storm he faced in the past few weeks where some small businesses received devastating hikes in their bills. We have argued for this before, suggesting he should take a look at annual and digitised revaluations to give businesses certainty.Read more: The real business rates scandal: The government is abolishing accuracy Philip Hammond’s self-employment tax hike marred a refreshingly mundane Budget Much less palatable was watching Hammond deal with Osborne’s promise to spend the proceeds of the sugar tax on school sports. Revenue from the tax has come in much lower than forecast, so now the chancellor has to find the money from somewhere else to pay for the pledge. If today has taught him anything, it’s that misguided, fiddly interventions like this are a distraction, so he should seek to comprehensively rid the tax system of such needless gimmicks at November’s Budget.Next time round, we’d like to see him deal with Stamp Duty too. It gums up the housing market, means that young families can’t get on the housing ladder and prevents older couples from downsizing when they would like to.Let’s remember the big picture: the national debt is still astronomical and growing. That will have to be paid off by future generations of taxpayers, so even outside of these economic statements, tougher action on the long-term challenges we face is vital. That means dealing with public sector pensions, state pensions and the funding model for the NHS and social care. It took just a couple of hours for the chancellor’s Budget to come under heavy fire.He set out changes to Class Four National Insurance contributions, increasing them from 9 per cent to 11 per cent over a couple of years. This breaks a Conservative manifesto pledge ruling out VAT, income tax and NI increases, his critics said. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeWeniixTop 5 best sports cars 2021 – WENIIXWeniixHabit TribeColorado Mom Adopted Two Children, Months Later She Learned Who They Really AreHabit TribeBridesBlushWhat The Harry Potter Stars Look Like Out Of CostumeBridesBlushPsoriasis Treatments | Search AdsCurrent Arthritis Treatments Could Be A Dream Come TruePsoriasis Treatments | Search Adsalldelish11 Anxiety Causing Foods To Stay Away FromalldelishGloriousaDid You Know Eva Marie Saint Is 94? She’s Still FabulousGloriousatibgez10 Signs & Symptoms of Lewy Body DementiatibgezDepressionFixed.comWhat Will Happen if You Eat 2 Bananas a DayDepressionFixed.comanymuscle.com15 Symptoms of Diabetes You Shouldn’t Ignoreanymuscle.com Share Thursday 9 March 2017 4:59 am And what about the just about managing (Jams)? Aren’t the Conservatives supposed to be the party of small business, enterprise, opportunity and growth? Why slap taxes on entrepreneurs? Furious journalists – whose readers make up this electorally potent group – gave Number 10 and Treasury press teams a pretty hard time of it yesterday afternoon.To tax specialists, it was thought that Hammond was attempting to equalise the NI treatment of the self-employed and “regular” employees. That in itself is a sensible thing to do. First, it is right to ensure that the tax system does not discriminate against certain types of work. Second, the self-employed can now qualify for the same state pensions as employees and are possibly going to be conferred with more statutory benefits like holiday and maternity/paternity pay as politicians get to grips with the gig economy.Read more: Was the Budget bad news for entrepreneurs?But yesterday, Hammond didn’t actually say that is what he wants to do. So it simply looks like a tax hike on the self-employed – hence the hammering he took from the media. In any case, if he wants to equalise these rates, he should be cutting employee rates, not hiking those for the self-employed.The fuss engulfed what was otherwise a fairly mundane economic statement. In a welcome change from the big set-pieces of Gordon Brown and George Osborne, there was a refreshing move away from a bewildering array of gimmicks designed only to play political games. Furthermore, he announced some welcome upward revisions to growth forecasts and set out a quicker pace of deficit reduction than at the Autumn Statement. whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapp
“Putin has hardened his stance against me,” Browder told City A.M. “My campaign has shone a very bright light on how much Putin personally steals from his people and that infuriates him.”However, the ceaseless campaigning has started to pay off. Legislation designed to freeze the assets of those who torture and violate human rights is about to pass into UK law. Brainchild of Browder and MP Dominic Raab, the Magnitsky law follows on from similar legislation in the US.What’s more, a large chunk of the assets which were stolen by Russian officials, setting off a chain of events that ultimately led to Magnitsky’s untimely death, have been frozen around the world.Browder’s journey started in the spirit of adventure and entrepreneurship. With famous Lebanese banker Edmond Safra, he founded Hermitage Capital Management in 1996 for the purpose of investing in Russia. The business was very successful, profiting from the wave of privatisations in Russia at that time. In 2005, after Browder became vocal about corporate corruption in Russia, he was blacklisted by the Russian government as a “threat to national security” and denied entry to the country.Eighteen months later, dozens of police officers swooped on the Moscow offices of Hermitage and its law firm, confiscating documents and computers. The raids in June 2007 enabled corrupt law enforcement officers to steal the corporate registration documents of three Hermitage holding companies, enabling them to defraud the company out of $230m (£186m). President Trump’s stance on Putin must be galling for him. Browder pulls no punches in his response: “He is making a serious error in judgement if he thinks he can appease Putin. Putin just views appeasement as weakness, which emboldens him to do even more terrible things.”What does he think about foreign secretary Boris Johnson’s upcoming visit to Moscow? “As long as he’s going to show the UK’s tough position on Ukraine, sanctions and geopolitical meddling, and not to appease Putin, then I’m fine.” Share Monday 20 March 2017 12:05 am whatsapp Financier Bill Browder, thorn in Putin’s side, is on the verge of securing a UK Magnitsky law after a five-year push In November 2008, after testifying against the officials involved, Sergei Magnitsky, one of Hermitage’s lawyers, was arrested by the very same officers he had testified against.Browder says that Magnitsky was tortured for 358 days as his jailers tried to get him to withdraw his testimony and sign a false confession that he was the one responsible for the tax fraud. He refused. On 16 November 2009 he died after allegedly being beaten by prison guards.Browder’s metamorphosis from financier into full-time campaigner started at that point.He explains: “Sergei Magnitsky died because he was my lawyer and I made a vow to his memory to get justice. Unfortunately, Russia circled the wagons and exonerated all the officials involved. They even gave some of the most complicit state honours. It was obvious we had to seek justice outside Russia.”An early success was the US Magnitsky law which imposed visa sanctions and asset freezes against the corrupt Russian officials who had killed Magnitsky. US-born Browder, who is now a British citizen, has fought hard for an equivalent Magnitsky law in the UK because “nearly every tin-pot dictator who tortures and kills in their own country has an expensive home in London”. Up until now, he believes people have largely been turning a blind eye to their presence. Since Sergei Magnitsky was killed in a Russian jail in 2009, financier Bill Browder has campaigned vociferously to bring those responsible for his former lawyer’s death to justice. This high-profile activity has set him on a collision course with the Russian authorities and specifically Vladimir Putin.In apparent retaliation against his justice campaign, the Russian authorities have put Browder on trial in absentia in Russia and convicted him of charges which he calls “trumped up”. They have tried multiple times to get Interpol to arrest him and made repeated attempts to seize his assets. He has even had death threats. Eight years on from Magnitsky’s death, there is no let up in sight. Tracey Boles The new legislation, an amendment to the criminal finances bill, will apply to individuals who financially profited from or assisted the human rights violations. It lays the groundwork for civil recovery proceedings to be brought with regard to property belonging to human rights violators.The proposed law, set for its final “line-by-line” reading in the House of Lords at the end of this month, applies to torture whether it occurred before or after the law is enacted.After the second reading, Lord Rooker said: “I salute Mr Browder for his dedication and perseverance in trying to bring those guilty of the murder of his lawyer to justice. Chasing them legally around the world, and now in this Bill, is a must.”Browder credits the “political genius” of Raab for getting the legislation to this point after five years. “[Prime Minister Theresa] May has authorised the act. It is a huge blow to the human rights violators. The intention is to make life uncomfortable for them. We have many corrupt Russian officials in mind. We hope it creates panic and fear in the perpetrators of this crime and others like it.”Browder, whose dramatic life story is being turned into a film, vows to carry on until the criminals are brought to justice in Russia. He acknowledges this will not happen while Putin is in power and cautions others against doing business in Russia. “You are risking your money and risking your life,” he says. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksRelated Articles10 Amazing RVs You Won’t Want To Miss8 Amazing Bathroom Cleaning HacksThe Rich List: Top 5 TikTok Earners
Philip Hammond has failed to improve the Tory party’s chances of electoral survival Hardline Corbynites may take this as yet another example of the “biased mainstream media”, but for most people it will serve as yet another reminder that Labour cannot make its sums add up, and refuses even to try.Long term, however, this won’t be enough. The tribal, banner-touting rallyists chanting “ohhh Jeremy Corbyn” and “never kissed a Tory” can be discounted, but the Conservatives can’t expect electoral survival with support of just 27 per cent among those aged 49 and under.To win back these voters, the message must be stronger than “the other guys will wreck the economy” – even if they will. That will require some tough decisions on house-building, pensions, and social care – clearly not moves this chancellor or this government are prepared to make.Corbyn seems invincible in the polls among millennials, however economically illiterate he and his team may be. The Conservatives need to revamp their offer to the under-50s – this plaster Budget won’t hold the them together through another election.Read more: Tories must fight back against Labour lunacy whatsapp Share This was an elastoplast Budget.Its purpose was to cover the deepening gash in the Conservative party, give Philip Hammond’s reputation time to heal, and keep out germs hurled by the opposition benches. Friday 24 November 2017 10:41 am The off-peak railcard is a joke for working people – many of them over 30 – forced to spend a sizeable portion of their income commuting from far out where they can just about afford to live. As for stamp duty, it is predicted that the change will just push up houses prices, thereby benefiting owners more than buyers.Neither of these in any way makes up for the government’s continued refusal to build on parts of the green belt, or its sluggishness in fixing the planning system so the housing shortage can be tackled with supply-side reforms.Moreover, there were no changes to pensions or social care, nor any bid to address Britain’s ageing population, which is putting strain on both the economy and working families.Luckily, whatever short-term damage Hammond did to the Tories’ reputation this Budget was quickly mitigated by Labour’s John McDonnell.The shadow chancellor refused to answer questions on his spending proposals, accusing a BBC presenter of “trite journalism” when she asked him nine times how much servicing the UK’s debt would cost under Labour’s borrowing plans. The second, less successful, strategy was an offer to young people. The Conservative party finally acknowledged its looming youth problem at the conference in September, and has since been in a panic about fixing it.The numbers are damning.Voters under 24 side with Labour over the Tories by 66 to 14 per cent, according to an October YouGov survey. But the problem doesn’t stop with young twenty-somethings – just 31 per cent of those aged 25-49 would vote Conservative.This is exactly the cohort the Tories should be targeting: working people in the process of settling down and starting and raising families. Yet on every policy issue, from healthcare to tax to the economy in general, Labour beats the Tories with both these age groups. Housing is the most catastrophic of all, with just 16 per cent of 25-49 year olds trusting the Conservatives to handle this problem best, versus 35 per cent for Labour.Against this backdrop, Hammond’s offering this week was dismal: a railcard with reduced off-peak travel to 25-30 year olds, and axing stamp duty for first-time buyers. whatsapp Rachel Cunliffe In this regard, it mostly worked.Read more: The Budget was a valiant attempt at an impossible balancing actThe £3bn worth of Brexit spending will reassure the more eurosceptic cabinet members that the chancellor is serious about leaving the EU and is not trying to sabotage negotiations from Number 11 Downing Street.Hammond also stuck to his fiscal rules, keeping the deficit below two per cent of national income, and thus clung on to his remaining credibility after weeks of gaffes and blunders.As for attacks from Labour, Hammond had two defences. The first was a fix to the roll-out of Universal Credit, reducing waiting periods that threatened the most vulnerable in society. This was clearly aimed at dampening Labour’s rallying cry that the Tories don’t care about the poor.
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I swapped my clean bedroom for a wooden plank in the desert, and my fellow students for a herd of 111 stubborn sheep.I learned a lot about leadership in classes during my MBA, as well as afterwards when I was running national transformational education programs in Saudi Arabia. Yet, in the desert, I pursued an alternative, more authentic classroom experience.It soon became clear that the ancient art of shepherding could teach us how to become successful leaders.Lesson One: ValueIn my very first minute with the flock, I tried asserting my authority out loud: “hello, I am your leader”.The response? They turned their backs to me.Each day I offered food and water, opened gates to let them pass, cleaned up their leftovers. Slowly, they allowed me to get close to them. I needed the sheep to follow me, willingly and with confidence. I needed to guide them on the routes where they could find food in the desert, or they would die.It is only with continuous commitment that the sheep start to take the path that you take, and to stop when you stop.The sheep valuing me was one thing, but trust and having faith in the leader is another.Trust is the keystone of every relationship. Without trust, it is only a matter of time until the relationship collapses. Do we trust the boss who assumes he has the solution for everything? Or the boss who treats people like machines, and only thinks of profit margin, process optimisation, or sales?Reconsider these questions with John Maxwell’s statement in mind: “He who thinks he leads but has no followers is only taking a walk.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.commoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comHealthyGemBaby Has Never Eaten Sugar Or Carbs, Wait Till You See Her TodayHealthyGemMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workout Share The desert is a place where you do not have the option to choose the way you live – you just live the way it is.This teaches you to adapt and to lead, no matter the situation.It also teaches you how to continue surviving and leading, no matter how fearful you are or how hard it is to adapt to change.This requires you to build full awareness of your thoughts and emotions. This turned out to be absolutely key to my ability to continue leading.Lesson Three: TrustFinally, the day came when the sheep did not turn their back on me. But this wasn’t enough. Thursday 30 August 2018 6:00 pm Shear force of wool: How to get the herd to follow you I realised that it was only when I served them, repeatedly, that they began to accept me.It wasn’t about being a human, or having skills, or even being a leader – it was about bringing value to them.So here is a question to ask yourself: what value do you bring to your organisation, and to the individuals in your team?Lesson Two: AwarenessThe herd’s flat-out rejection of me was not my only challenge.I was totally isolated from the modern world. No internet, no electricity, no toilet. No people. Only snakes, fear, silence, and 50 degree celsius heat.
whatsapp Tags: Trading Archive UK wireless charging tech firm Aircharge makes its debut on London bus routes The UK tech firm behind the wireless charging pads found in Starbucks, McDonalds and Costa is going mobile, with its latest expansion to debut on London bus routes. Emily Nicolle Tuesday 30 October 2018 5:19 pm Partnering up with British bus manufacturer Optare, Aircharge charging points will be initially be available on Green Line routes operating between London and various airports, including Luton and Heathrow, as well as other routes across the country.New transport areas, such as an upcoming deal with a major train operator, will also be announced in the next few months.Aircharge chief executive Steve Liquorish told City A.M. the business targets “anywhere where there’s major dwell time” and it’s not too crowded, which is why you probably won’t see them popping up on central Tube lines any time soon.”If you think about wireless charging, it’s a shift in behaviour. Five or six o’clock is battery anxiety time, when people are searching for power,” he said.”We drink water throughout the day, little and often, to stay hydrated, and it’s the same with wireless charging. If you’re on the bus for half an hour, why wouldn’t you put your phone down to charge while you’re en route and grab an extra 15 or 20 per cent?” Share whatsapp Headquartered in Oxfordshire, Aircharge is also beginning to expand internationally by opening a few offices in the US. Liquorish said: “We’re a very UK-centric company, with all our design and software engineers based here. But we’ve quickly started to grab hold of global aspirations, and that’s where we see ourselves now.”Users can open the Aircharge app to see where their nearest wireless charging hotspot is, which Liquorish added is a good way of visualising how the firm has permeated the market.The news comes as wireless charging rises in popularity with smartphone manufacturers, after Apple, Google and Samsung all released products with wireless charging compatibility in recent months.
Tags: Pensions Chairman of the work and pensions committee Frank Field helda meeting with business chiefs on the issue last week, before raising concerns over the dashboard’s security in a letter to Opperman.He said: “There is a risk that, without appropriate regulation, a dashboard could make it easier for consumers to fall victim to scams or bad practice. Data security mechanisms and regulatory protection must be in place before the dashboard goes live.”But Field added today: “It’s hugely welcome that the government is at last pressing ahead with this crucial project. For dashboards to work for consumers, the right protections must be in place from day one—the committee will be keeping a watching brief on the government’s plans as they take shape.”Speculation around the pensions dashboard scheme has been swirling around for some time, with a prototype being promised as early as 2016.But today marks the first concrete forecast for when such a dashboard may come into effect, accompanied by a feasibility report put out by DWP this morning which forms the starting point for public consultation on how it should be put in place. Monday 3 December 2018 1:54 pm “The infrastructure is quite a bit of kit,” he said, and HMRC was “a bit busy at the moment” with Brexit planning.The government has committed to forcing pension schemes to provide data to consumers via the dashboard, Opperman added.This was vital for providing comprehensive coverage, he added, as evidence from other countries that had implemented similar bills but made the measure voluntary for pension providers indicated that they wouldn’t sign up “unless there was compulsion”.The scheme would be funded in part by levies to the pensions industry, as well as using £5m extra DWP funding provided by Philip Hammond in the October budget.Yvonne Braun, director of long-term savings policy at the Association of British Insurers, said the dashboards had the potential to reunite people with an estimated £20bn in lost pension money. whatsapp whatsapp The government has confirmed it will introduce multiple so-called pension dashboards, with the first hoped to come into effect next year, giving savers the ability to access access their pension information for several schemes at once on their smartphone.Publishing a consultation on the measure this morning, however, the government could not confirm state pensions would be included. But pensions minister Guy Opperman said this was only because HM Revenue and Customs (HMRC), who held the required data, would have to create the interface, rather than his own Department for Work and Pensions (DWP). Share Multiple ‘dashboards’ to give savers access to pensions data, first planned for next year Alex Daniel Opperman said it would “revolutionise the way we all think about and plan for later life”.“Now the Government is seeking views about what the new services will look like and how they will work. Consumer protection and safeguarding data will be top priorities.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryFinancial 10NHL Player’s Wife Is Hands Down The Most Beautiful Woman In The WorldFinancial 10Zen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveCrowdy FanKaley Cuoco Net Worth Left Her Billionaire Husband SpeechlessCrowdy FanMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteabley