Future of Garden Bridge hanging in the balance, says London politician

The commission found that “the trustees were meeting their duties and were acting in compliance with charity law”, and the trust welcomed this outcome.”We welcome the fact that the Charity Commission has endorsed our approach and we are always looking to learn lessons and make improvements,” said Lord Mervyn Davies, chairman of the Garden Bridge Trust.”The Garden Bridge is an inspirational project that involves the best of British design and innovation. It will be a landmark for central London and bring huge benefits to the capital and the UK. We now intend to draw a line in the sand about historical aspects of this project delivered by other parties and get on to make the Garden Bridge a reality.”DisagreementHowever, Labour London Assembly member Tom Copley said the regulator’s findings were not a line in the sand.”This investigation deals only with claims about the Trust’s financial irregularities,” he continued. The future of the Garden Bridge is hanging in the balance, despite being cleared of financial irregularities, according to a London Assembly member.Vauxhall MP Kate Hoey had complained to the Charity Commission about the project, citing concerns about spending by the Garden Bridge trust. Earlier this year, the trustees admitted the project could cost more than the £185m planned. Share Future of Garden Bridge hanging in the balance, says London politician Caitlin Morrison “With Dame Margaret Hodge’s review yet to report, we still don’t have answers to questions about whether value for taxpayer money has been achieved. We already know from TfL’s internal and external auditors that the procurement process for the bridge lacked openness and transparency.”This is very much a live issue, with the future of the Garden Bridge continuing to hang in the balance. Even the Garden Bridge Trust aren’t certain that the project is a going concern.”Copley added: “We need assurances that more public cash won’t be squandered on a bridge that may never be completed. As we’ve made clear, our only chance of safeguarding against that is for the Mayor to refuse to put pen to paper on the maintenance guarantee.” More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com whatsapp whatsapp Tuesday 28 February 2017 11:18 am read more

Trump denies reports he made promise to foreign leader prompting complaint

first_imgTrump has labelled reports of the complaint as “fake news”, but Democrats are trying to get it turned over to congress. Some senior Democrats had alleged prior to the complaint coming to light that Trump and his lawyer Rudy Giuliani had attempted “to manipulate the Ukrainian justice system to benefit the president’s re-election campaign and target a possible political opponent”. Michael Searles whatsapp Share Friday 20 September 2019 1:24 pm Tags: Donald Trump US President Donald Trump has denied accusations that he made a promise to a foreign leader which sparked a complaint from an intelligence officer. “Another Fake News story out there – It never ends!” Trump tweeted. “Virtually anytime I speak on the phone to a foreign leader, I understand that there may be many people listening from various U.S. agencies, not to mention those from the other country itself. No problem! Read more: Trump names Bolton replacement A letter from a lawyer in Macguire’s office said the complaint “does not meet the definition of urgent concern” and that it “concerned conduct by someone outside the intelligence community and did not relate to any ‘intelligence activity’ under the DNI’s supervision”. Read more: Trump says he’s not thrilled with Fed but won’t fire chair Powell Trump denies reports he made promise to foreign leader prompting complaint Both the Post and New York Times report that the allegation is at least in part related to Ukraine, citing officials with knowledge of the situation. US President Donald Trump waves as he exits Marine One after landing at San Diego International Airport in San Diego, California, on September 18, 2019. – Trump is in San Diego for a fundraiser and a border visit. (Photo by Nicholas Kamm / AFP) (Photo credit should read NICHOLAS KAMM/AFP/Getty Images) whatsapp The complaint was filed on 12 August and contains a “serious or flagrant problem, abuse of violation of law” that involves classified information, said intelligence community inspector general Michael Atkinson in a letter to lawmakers. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factoryzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comMisterStoryWoman files for divorce after seeing this photoMisterStoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamabonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost Fun The Washington Post has reported that the officer found it “so troubling” they felt the need to inform the department’s inspector general. Trump also held a phone call on 25 July with Ukrainian President Volodymyr Zelenskyy, two weeks prior to it being filed. The complaint has not yet been shared with congress because acting director of national intelligence (DNI), Joseph Macguire disagrees with Atkinson’s verdict that the complaint is urgent. It is not yet known who made the complaint, about which foreign leader it refers to, and what – if true – the alleged promise comprises. “Knowing all of this, is anybody dumb enough to believe that I would say something inappropriate with a foreign leader while on such a potentially “heavily populated” call. I would only do what is right anyway, and only do good for the USA!” Adding that it was: “Presidential Harassment!”last_img read more

These are the best shops on the British high street: Lush, John Lewis, Apple, Fenwick and Home Bargains make the top 10

first_img These are the best shops on the British high street: Lush, John Lewis, Apple, Fenwick and Home Bargains make the top 10 whatsapp Jessica Morris Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveLivestlyThe Best Redhead Actresses, RankedLivestlyTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmNovelodgePierce Brosnan’s Wife Lost 120 Pounds – This Is Her NowNovelodgeTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal Past Tags: Apple John Lewis Share Monday 25 May 2015 11:16 am whatsapp The customer is king when it comes to winning amid an increasingly competitive retail landscape.Excellent customer service standards helped small independents make the biggest gains in an annual survey of favourite high street shops by consumer watchdog Which?. Independent DIY and decorating stores experienced a huge rise, coming third overall, or 83 places higher than last year.”With independent stores on the up in our annual survey, it shows a bag name isn’t everything as consumers look for quality in both products and service,” Which? editor, Richard Headland, said.”If retailers can get their products right, along with excellent customer service and a great shopping environment, customers will keep coming back through the doors.”Colourful soaps, fizzing bath bombs and fruity fragrances ensured natural cosmetic retailer Lush held on to the top spot, with shoppers citing its “excellent” products as well as staff who were “helpful” and “friendly”.Customers were also impressed by department store John Lewis, independent DIY and decorating shops and entertainment Richer Sounds.But long waiting times, busy stores and sometimes unhelpful staff dragged Mobile network EE to the bottom of the table.And price was singled out as the most important factor when deciding where to shop, with four in 10 saying this was their top consideration. Here are some of the top performers:RankingHigh street shopCustomer score1Lush80%2John Lewis79%3Independents – DIY and decorating76%4Richer Sounds75%=Screwfix75%6Apple74%=Home Bargains74%8Independents – Furnishings and homeware73%9Fenwick72%=Go Outdoors72%  last_img read more

News / ‘Drastic’ rate drops on transpacific bode badly for carriers ahead of negotiation season

first_img Container spot rates from Asia to Europe held up this week, while rates to the US were driven down.According to the first edition, in the Year of the Dog, of the Shanghai Containerized Freight Index (SCFI), spot rates to North Europe improved by 1.2% to $916 per teu, while for Mediterranean ports, rates edged up by 0.8% to $797 per teu.But carriers on the transpacific did not fare so well on the index this week. Rates from Asia to the US west coast tumbled by 4.9% to $1,412 per 40 ft, and for east coast ports rates fell by 2.1% to $2,708 per 40 ft.As China comes out of its Lunar new year holiday the general consensus of analysts, shippers and even the off-record comment of one carrier The Loadstar spoke to this week, is that east – west rates are heading south.The only debate seems to be: by how much, and for how long?Logistics online freight market place provider Freightos said it expects “ocean rates to drop, much more significantly than air rates” in the post-CNY period.“Although ocean carriers announced a 1 March GRI, expect it to have little or no impact on prices next month,” it said in a client briefing this week.And noting that several carriers had told their customers of an extension of the validity for short-term rates until mid-March, Andrew Scorer, senior container pricing specialist at S&P Global Platts, said that according to its data, rates are already falling.Mr Scorer said that spot rates for Europe had already lost $100 per 40 ft but there had been a “more drastic drop” on the transpacific, with rates tanking by $200 per 40 ft in the past few days.Carriers are hoping that any dip in rates will be short-lived, given that the renewal of many annual contract rates, which account for about half of their liftings, are still to be negotiated with European shippers.The Loadstar understands that carriers on the route have until now been reluctant to sign up to all-inclusive deals against a backdrop of rising fuel costs, and for their part shippers have been adopting a wait-and-see approach, specifically until after the CNY period.Moreover, the merger of the Japanese carriers into the Ocean Network Express (ONE) from 1 April has also had an impact on Asia – Europe contract negotiations this year with K Line, MOL and NYK rolling over agreements that were due to expire at the end of 2017.And the negotiating process is also about to start on the transpacific trade lane, so a softening rate scenario will not help the carrier negotiators to achieve decent rate increases.Carriers need not only to obtain a satisfactory increase in freight rates but also to ensure that they have some buffer built in to cover any further increases in bunker prices.At Maersk’s Capital Markets Day in Copenhagen this week it was revealed that Maersk Line’s average rate increase last year of $106 per FFE had almost entirely been exhausted by a $93 per FFE fuel cost hike. By Mike Wackett 23/02/2018last_img read more

Pharmalittle: Compounders push to make pandemic changes permanent; production concerns seen for Covid-19 monoclonals

first_img Tags STAT+ Pharmalittle: Compounders push to make pandemic changes permanent; production concerns seen for Covid-19 monoclonals What is it? Pharmalot Hello, everyone, and how are you this fine, sunny morning? Here on the Pharmalot campus, the birds are chirping, the chipmunks are scurrying, and a cool breeze is wafting by. What could be better? As you might guess, this calls for celebration, yes? So please join us as we hoist another cup of delicious stimulation. Remember, no prescription is required. Meanwhile, here are a few items of interest. Have a grand day, and drop us a line if you hear something saucy. …In hopes of alleviating potential drug shortages and other issues wrought by Covid-19, the Food and Drug Administration drastically rolled back oversight of compounding pharmacies — a swift and sweeping relaxing of the rules that were put in place after a fungal meningitis outbreak traced to one such center killed more than 60 people, STAT says. Public health experts say there is merit to relaxing the rules amid the pandemic, but caution there is no reason to make the changes permanent. Compounders are gearing up for a fight to do just that. Alex Hogan/STAT Log In | Learn More By Ed Silverman June 9, 2020 Reprints STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. [email protected] center_img Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. @Pharmalot About the Author Reprints Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. GET STARTED Ed Silverman What’s included?last_img read more

BMO ETFs expands offering of U.S. dollar units

first_img “ETFS that are listed in Canada, but offered in U.S. dollar units, provide investors who are looking for U.S. exposure easy access and tax-effective solutions,” Gopaul adds. The addition of ZWH.U to BMO ETFs’ lineup expands the number of BMO ETFs that offer U.S. dollar units to five: BMO US High Dividend Covered Call ETF (ZWH.U) BMO S&P 500 Index ETF (ZSP.U) BMO US Dividend ETF (ZDY.U) BMO Low Volatility US Equity ETF (ZLU.U) BMO Mid-Term US IG Corporate Bond Index ETF (ZIC.U) The offering of the USD Units of BMO US High Dividend Covered Call ETF has closed, and the units begin trading on the Toronto Stock Exchange Thursday. Companies BMO Asset Management Facebook LinkedIn Twitter Tessie Sanci center_img Share this article and your comments with peers on social media BMO Asset Management Inc. Thursday launched a new class of U.S. dollar units of its exchanged-traded fund (ETF), BMO US High Dividend Covered Call ETF (TSX:ZWH.U). This comes at a time when the U.S. market is becoming increasingly popular with Canadian investors and provides an option for investors looking for different ways to participate in that market, says Kevin Gopaul, chief investment officer and senior vice president, BMO Asset Management. last_img read more

New guide provides a closer look at ESG in the investing process

first_img Tessie Sanci One of those myths is that investment firms consider ESG issues primarily in order to protect their reputation. However, a global survey of CFA members conducted in May found that the most popular reason for prioritizing ESG considerations is it allows investment professionals to manage risks. The guide also explains the background and trends around ESG issues as well as the description of six common methods used to apply ESG factors in investment portfolios. These methods include exclusionary screening, which avoids the securities of companies on the basis of not being ESG-friendly, and “best-in-class” selection, in which investment firms look for companies whose ESG performance is better relative to their sector peers. The report, entitled Environmental Social & Governance Issues in Investments: A Guide for Investment Professionals, has been added to the CFA Institute’s library of ESG resources. The New York-based CFA Institute has developed and released a new guide that provides an overview of environmental, social and governance (ESG) considerations in the investing process and is meant to combat myths that surround these factors. “Awareness of ESG issues in investing has grown substantially in the last decade, from energy efficiency to employee relations to bribery and corruption,” says Usman Hayat, content director of Islamic finance and ESG at the CFA Institute, in a statement. “How these issues impact investment management is still not well understood and certain myths are common. This guide provides a clear explanation of ESG risks and opportunities, debunks common myths, and helps investors better understand and evaluate social and environmental issues to make better decisions.” center_img Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

Active equity managers beat their benchmarks

first_img IE Staff The dividend and income equity category performed especially well, with more than 82% of funds outperforming the S&P/TSX Canadian dividend aristocrats index. The one-year data also show favorable results for actively managed funds in the Canadian small-/mid-cap equity category, with 80% of managers outperforming the benchmark, the S&P/TSX completion index. However, only 6.06% of managers in the Canadian focused equity category outpaced the blended index, which allocates 50% of its weight to the S&P/TSX composite, 25% of its weight to the S&P 500, and 25% of its weight to the S&P EPAC largemidcap. Managers investing in the international equity space fared unfavorably, according to the scorecard. The majority of active managers in the international equity category saw their returns lag the benchmark, as only 21 of international equity managers beat the S&P EPAC largemidcap index over the 12-month period ending Dec. 31, 2015. Similarly, only 19.64% of global equity managers had higher returns than the S&P developed largemidcap benchmark during the same period. The SPIVA Canada scorecard reports on the performance of actively managed Canadian mutual funds versus that of their benchmarks, corrected for survivorship bias. It also shows equal- and asset- weighted peer averages. All index returns are total returns (i.e., include dividend reinvestment) in Canadian dollars. Share this article and your comments with peers on social media The majority of active equity managers investing in domestic equity fared better than their respective benchmarks, with more than 57% of Canadian equity funds outperforming the S&P/TSX composite index, according to the year-end 2015 results for the S&P Indices Versus Active Funds (SPIVA) Canada Scorecard. New York City-based S&P Dow Jones Indices released the scorecard results on Monday. Sector Watch: Dodging potholes on the home front Canadian fund sales exceeded $23B in February Sector Watch: Performance at home and beyond Keywords Fund performanceCompanies S&P Dow Jones Indices Related news Facebook LinkedIn Twitterlast_img read more

FSRA to examine seg funds, MGA channel

first_img The Financial Services Regulatory Authority of Ontario (FSRA) is seeking industry input on enhancing the regulation of segregated funds, and supervising firms in the managing general agency (MGA) channel.The provincial regulator announced the formation of two new technical advisory committees that will provide it with industry feedback on enhancing aspects of conduct regulation in the life insurance sector. Regulators must avert looming irrelevance: IAP tax inspector investigating financial documents through magnifying glass, forensic accounting or financial forensics, inspecting offshore company financial papers, documents and reports. 123RF Specifically, the two new advisory committees will provide FSRA with feedback on “potential frameworks for regulating and supervising distribution channels that rely on [MGAs],” it said, and better regulation of segregated funds.Among other things, the segregated fund committee will examine cost and investment performance disclosure, dealer and advisor compensation, and developments from the mutual fund sector, such as the Canadian Securities Administrators’ client-focused reforms.In terms of MGA channel regulation, the committee will consider a variety of distribution issues, along with emerging trends and issues affecting consumer protection in the sale of life and health insurance.The committees will include life and health insurance agents and/or brokers, seg fund issuers and industry trade groups.Applications are due by Oct. 26. James Langton Keywords Managing General Agencies,  Segregated funds,  Regulatory reform,  Client-focused reformsCompanies Financial Services Regulatory Authority of Ontario, Canadian Securities Administrators OSC seeks market structure expertise Related news Share this article and your comments with peers on social media Facebook LinkedIn Twitter MFDA seeks to speed up account transferslast_img read more

RGD Ends Successful UK Tour

first_imgRelatedRGD Ends Successful UK Tour Advertisements RelatedRGD Ends Successful UK Tour FacebookTwitterWhatsAppEmail The Registrar General’s Department (RGD) yesterday (April 1) ended what the Chief Executive Officer, Dr. Patricia Holness said was a successful three-city United Kingdom tour during which more than 320 applications were received.In addition to the applications for certificates for births, deaths, and marriages the RGD also received four applications for genealogical research. And according to Dr. Holness the first batch of certificates from the applications taken during their March 26 to 31 visits are already being dispatched to the UK. “We have news today (April 1) from Jamaica that the first batch of applications are ready and are on their way back from Jamaica. Forty-eight are already finished and are on their way back to the U.K.,” Dr. Holness said.“We did probably about 40 late entry of names where persons were not aware that their records were not complete, that their birth certificates did not have their surnames mainly for those person who come to the United Kingdom in the 1950s and 60s so those were amended,” she explained. The CEO said one of the issues noted during the UK visit which saw the RGD team holding clinics in Manchester and London, was the confusion over death certificates.center_img RGD Ends Successful UK Tour UncategorizedApril 3, 2008 RelatedRGD Ends Successful UK Tourlast_img read more