Mars (of bars fame) in $9bn deal to buy US animal hospital company

William Turvill whatsapp Chocolate bar firm Mars has agreed a $9.1bn (£7.5bn) takeover deal for the largest operator of pet hospitals in the United States.While Mars is best known for its bars, the company also owns Whiskas and Pedigree and claims to be the world’s biggest pet food manufacturer. The firm today announced it had made a $93-per-share offer for VCA, at a total value of $9.1bn, including $1.4bn in outstanding debt.Read more: Woof: US pet food firm Blue Buffalo shares up on tasty resultsVCA, which has the ticker symbol “WOOF”, saw its share price leap 28 per cent to $90.87 on Nasdaq on Monday morning in the US.Mars, which has been in the pet care industry for more than 80 years, said the offer represented a 41 per cent premium on VCA’s 30-day average on 6 January.VCA was founded in 1986 in Los Angeles and now has nearly 800 animal hospitals with 60 diagnostic laboratories across the US and Canada. whatsapp Mars (of bars fame) in $9bn deal to buy US animal hospital company Read more: Pets at Home has had a furrtastic half-yearMars chief executive Grant Reid said: VCA is a leader across pet health care and the opportunity we see together – for pets, pet owners, veterinarians and other pet care providers – is tremendous.We have great respect for VCA, with whom we share many common values and a strong commitment to pet care. Together, we will be able to provide even greater value, better service and higher quality care to pets and pet owners. Monday 9 January 2017 2:50 pm Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoPets DetectiveNFL Quarterback’s Fiancée Makes A Startling Admission About Their Personal LifePets DetectiveUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveUndoFactableTragic Reason She Was Drugged For ‘Wizard Of Oz’FactableUndo More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com read more

Generation rent? Now the government wants to help you out

He added: “After seven years of failure on housing, renters deserve better than this.”It’s estimated there are more than 5m renters across the country and around a fifth of them are in London.London mayor Sadiq Khan has promised to ring-fence a third of the 90,000 new homes due to be developed over the next six years as “London Affordable Rents”. Another third will be priced at “London Living Rents” while the rest will be shared ownership. whatsapp Lynsey Barber The government will this week turn its attention to so-called generation rent, with promises of new measures aimed at helping those who are unable, or not yet ready, to jump on the housing ladder through home ownership.It is pledging to look at new ways of encouraging the building of more affordable rented homes across the country and to encourage landlords to offer longer-term tenancies, among other things. Sunday 5 February 2017 10:19 am “We are determined to make housing more affordable and secure for ordinary working families and have a rental market that offers much more choice,” said communities secretary Sajid Javid.Read more: Millennials earn less than their parents did at the same age”We understand people are living longer in private rented accommodation which is why we are fixing this broken housing market so all types of home are more affordable.”It signals a change of focus for the government, with Theresa May steering away from efforts by her predecessor David Cameron who wanted to turn generation rent into “generation buy”.Further efforts will go toward the banning of letting fees following on from the Autumn Statement where chancellor Philip Hammond announced plans to scrap letting agent fees. whatsapp “Ministers continue to do next to nothing to help people who rent from a private landlord and have consistently blocked Labour’s attempts to change the law to control costs and give renters security. Ministers even voted down Labour’s efforts to ensure that private rented homes were simply fit for human habitation.” A white paper is due to be published on Tuesday.However, Labour dubbed the proposals “disappointing” for falling “far short of what is needed”.Read more: Rental prices have spiked in these London postcodes”Government figures show that affordable housebuilding has fallen to the lowest level in 24 years, with the number of homes being built for social rent now at the lowest level since records began,” said Labour shadow secretary for housing John Healey. Generation rent? Now the government wants to help you out Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoDr. Marty3 Silent Clues Your Cat Asks For HelpDr. MartyUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & ShepherdUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoDental Implant Info | Search AdsDental Implant Costs In 2021 Might Almost Be UnbelievableDental Implant Info | Search AdsUndo read more

Sinn Fein celebrates an “amazing day” as it closes the gap on the DUP

Saturday 4 March 2017 12:14 pm The Democratic Unionist Party (DUP) held its title as Northern Ireland’s biggest party after assembly election results were revealed last night, but Irish nationalist party Sinn Fein closed the gap after seeing its highest voter turnout since 1998.Just over 1,000 votes split the main parties in the closest ever assembly election – and voter turnout was at its highest in two decades. The DUP won 28 of 90 seats while Sinn Fein secured 27. Courtney Goldsmith whatsapp Because the DUP didn’t win at least 30 seats, it will also lose the ability to veto legislation on its own.The DUP and Sinn Fein will have three weeks to form a new power-sharing government to avoid devolved power returning to Westminster for the first time in a decade.Read more: McGuinness won’t stand in Northern Ireland election Sinn Fein celebrates an “amazing day” as it closes the gap on the DUP Sinn Fein’s leader Michelle O’Neill told journalists it was an “amazing day”. The nationalist party saw its voter turnout jump to 65 per cent, its highest level since the first elections after the 1998 Good Friday peace agreement.Read more: Sinn Fein raises prospect of Northern Irish referendum after Brexit voteAfter her re-election, the DUP’s outgoing first minister Arlene Foster said: “Let us now move forward with hope, hope that civility can return to our politics.””There is work to be done to quickly mend the relationship which has been frayed by the discord of this election.”The election Thursday was the closest nationalists had ever come to becoming the largest party in Northern Ireland as the DUP held less than half of the seats for the first time. whatsapp Share read more

Disgruntled Metro Bank shareholders revolt with clear message to the board after loans blunder

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm Oraclebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGem Callum Keown Read more: Metro Bank shares surge after £375m emergency cash callUnder-fire chairman Vernon Hill survived but 12 per cent voted against his re-election, a significant jump from the 3.7 per cent who rebelled last year.It comes after the lender admitted in January that a swathe of commercial loans had been wrongly classified and should have been among its “risk-weighted assets.”Shares have fallen 68 per cent since the error was discovered and the bank was forced to raise £375m in extra capital last week through a discounted share placing.Chief executive Craig Donaldson, who offered to resign earlier this year, was the most popular board member with just 10 per cent calling for him to leave. He added: “Not only have our shares lost value but they have been diluted by a share placing that completely bypassed small shareholders.Read more: Metro Bank shareholder LGIM to vote against chairman Vernon Hill“Yet all of the board increased their stake at a discounted price.”Another said: “I’m not happy at all – they should have anticipated an accounting error like that and this should never have happened.” Donaldson apologised and described the events of recent months as a “humbling and chastening experience.”Hill opted for “somewhat of a challenge with a few ups and downs.”A small group of investors told City A.M. they had been hoping for much more.Small shareholder Michael Johnston said: “It was appalling, I wanted a full explanation and assurances that it won’t happen again.“Instead they filed in like a football team, held the meeting and filed out like a football team.” whatsapp Shareholder advisory groups had urged investors to block the re-elections of Hill, Donaldson and a number of other directors.Hill came under particular scrutiny for payments made by the bank to his wife’s architecture firm Interarch.Ahead of the meeting the bank promised to drop Shirley Hill’s company as a supplier by the end of 2020 in a bid to quell investor fury.The eagerly anticipated AGM lasted less than 20 minutes, most of which was taken up by chief financial officer David Arden reading out the resolutions.The smattering of shareholders in attendance elected not to ask any questions, while the majority of investors stayed at home. whatsapp Tuesday 21 May 2019 6:34 pm Share Disgruntled Metro Bank shareholders revolt with clear message to the board after loans blunder Disgruntled Metro Bank shareholders have sent a clear message to the bank’s board but stopped short of a full-blown rebellion at today’s annual general meeting.More than 28 per cent of investors voted against the re-election of two directors in charge of risk, Stuart Bernau and Eugene Lockhart. More From Our Partners Man on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.com Tags: Metro Banklast_img read more

EU officials fail to make significant progress on Eurozone budget

first_imgRead more: Eurozone industrial production continues to decline in April Friday 14 June 2019 9:28 am The European Union’s economics commissioner Pierre Moscovici was “very disappointed” that so little progress had been made. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Portuguese Finance Minister Mario Centeno and Eurogroup President rings a bell to mark the start of an Eurogroup meeting at the European Commission, in Brussels on May 16, 2019. (Photo by EMMANUEL DUNAND / AFP) (Photo credit should read EMMANUEL DUNAND/AFP/Getty Images) There are still fundamental features that remain unclear, though, with the parties involved yet to agree on how to fund it. Share whatsapp That reform is expected to be finalised in the coming months. Speaking at a news conference in Luxembourg, Centeno said that a decision on the size of a Eurozone budget would be made by leaders of the European Union later in the year.center_img A deal to establish a common insurance cshcme for bank deposits was not agreed, despite it being thought of as essential to strengthening the Eurozone’s banking union. It remains a divisive issue. Michael Searles Read more: UBS apologises after economist’s ‘Chinese pigs’ comments spark public outrage He also added that they had reached a “broad deal” on the reform of the Eurozone’s rescue fund, the European Stability Mechanism, to better equip it to handle future financial crisis. Chairman Mario Centeno said that there had been some positive outcome, but insisted there was still a lot of work to do following the meeting, particularly on the size of a budget and how it is funded. whatsapp Centeno, who is also Portugal’s finance minister and president of the Eurogroup, said the ministers had made “small steps” in a meeting that began on Thursday and ran into early Friday morning. Eurozone finance ministers have failed to make significant progress in their bid to establish a budget for the 19 countries using the euro currency during a meeting which ended today. EU officials fail to make significant progress on Eurozone budget size and funding last_img read more

One Last Dance: Theresa May celebrates England cricket win with victory boo

first_img whatsapp Tory leadership favourite Boris Johnson hailed an “incredible day of sport”, also paying homage to British Grand Prix victor Lewis Hamilton and Wimbledon men’s champion Novak Djokovic.  Monday 15 July 2019 11:33 am Last year she danced with school children in South Africa, before shimmying onto stage at the Conservative party conference in a clip that soon went viral on social media. While May was the only politician to get her groove on last night, she was not alone in celebrating England’s dramatic cricket victory over New Zealand. Prime Minister Theresa May danced away one of her final weekends in number 10, throwing her trademark shapes in celebration of England’s cricket World Cup victory. Read more: Theresa May urges G20 leaders to tackle climate change Read more: Theresa May says leaked ambassador emails a ‘matter of regret’ Impromptu boogies have become a feature of May’s troubled time in Downing Street, providing some light relief amid tense Brexit negotiations. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionUnderstand Solar$0 Down Solar in Scottsdale. How Much Can You Save? Try Our Free Solar Calculator Now.Understand SolarMisterStoryWoman files for divorce after seeing this photoMisterStoryLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search Ads Britain’s Prime Minister Theresa May dances a few steps as she takes the stage to give her keynote address on the fourth and final day of the Conservative Party Conference 2018 at the International Convention Centre in Birmingham, central England, on October 3, 2018. (Photo by Ben STANSALL / AFP) (Photo credit should read BEN STANSALL/AFP/Getty Images) James Warrington Tags: Theresa May May, who has been branded the ‘Maybot’ by detractors, dropped some of her notoriously awkward dance moves last night to Abba hits including Dancing Queen and Mamma Mia. Main image credit: Getty “Won’t make any trite comparisons about other contests where the seemingly impossible really can happen…but so proud to see the England cricket team lift the World Cup trophy for the first time on home soil!” he wrote in a tweet. Rival Jeremy Hunt also welcomed England’s triumph at Lords, though he could not resist a reference to his ongoing battle with Johnson. The outgoing prime minister’s swansong was caught on camera at Henley Festival, which May attended with her husband Philip.  Share whatsapp One Last Dance: Theresa May celebrates England cricket win with victory boogie More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orglast_img read more

US Fed minutes show bankers debated cutting interest rates more aggressively

first_imgUS President Donald Trump has called for far greater cuts, despite a convention that the president does not comment on the actions of the Fed. Wednesday 21 August 2019 7:44 pm Read more: US stock markets rise as Federal Reserve enters spotlight At the same time, the central bankers were united in the desire not to suggest they were heading for more cuts. WASHINGTON, DC – JUNE 19: Federal Reserve Board Chairman Jerome Powell speaks during a news conference after the attending the Board’s two-day meeting, on June 19, 2019 in Washington, DC. Powell said the Fed will keep rates steady and hinted at a possible rate cut later in the year. (Photo by Mark Wilson/Getty Images)  “A couple of participants indicated that they would have preferred a 50 basis point cut,” the minutes said, with policymakers in favour of such a move worried that inflation was too low. The Fed cut rates by 25 basis points at its 30-31 July meeting, with minutes published today showing central bankers were keen to avoid the appearance of being on the path to more cuts. However, two participants called for a greater cut of 50 basis points. US Fed minutes show bankers debated cutting interest rates more aggressively Read more: Fed cuts interest rates by a quarter point James Booth This evening, before the release of the Fed minutes, he tweeted that Powell was “like a golfer who can’t putt”. “Participants generally favoured an approach in which policy would be guided by incoming information … and that avoided any appearance of following a preset course,” the minutes said. “Big US growth if he does the right thing, BIG CUT – but don’t count on him! So far he has called it wrong, and only let us down. Fed chair Jerome Powell is set to give a closely watched speech on challenges for monetary policy at an annual meeting of central bankers in Jackson Hole, Wyoming on Friday whatsapp In July, the Fed cut rates for the first time since the financial crisis, lowering its main federal funds target rate by 25 basis points (0.25 percentage points) to between two and 2.25 per cent, making borrowing cheaper in the world’s largest economy. “We are competing with many countries that have a far lower interest rate, and we should be lower than them. Yesterday, ‘highest Dollar in US History.’ No inflation. Wake up Federal Reserve. Such growth potential, almost like never before!” whatsapp Share Market reaction to the publication of the minutes was muted with US stocks holding earlier gains. The US Federal Reserve debated cutting interest rates more aggressively at its last meeting amid concerns about a global economic slowdown and trade tensions.last_img read more

Who is the Supreme Court’s Lady Hale?

first_imgBefore being made president, Lady Hale served as deputy president from June 2013. In October 2009, she became the first female judge in the court. Parliament prorogation: Who is the Supreme Court’s Lady Hale? Alexandra Rogers Read more: Sterling rises as Supreme Court scuppers Boris Johnson’s Brexit plans 2017 Lord Neuberger retires as Supreme Court president, with Lady Hale chosen as his successor. She is its first female president whatsapp Lady Hale’s CV Hearing the case were 11 of the Supreme Court’s 12 Justices. It was Lady Hale who delivered the verdict. “The power to prorogue is limited by the constitutional principles with which it would otherwise conflict,” she said. 1984 Became the first woman to be appointed to the Law Commission, the statutory independent body designed to keep the law in England and Wales under review Tuesday 24 September 2019 11:27 am “The court is bound to conclude, therefore, that the decision to advise Her Majesty to prorogue parliament was unlawful because it had the effect of frustrating or preventing the ability of parliament to carry out its constitutional functions without reasonable justification.” This morning, Supreme Court president Lady Hale delivered a withering verdict on Boris Johnson’s decision to suspend parliament for five weeks, ruling that it was it was unlawful. “The effect on the fundamentals of our democracy was extreme,” she added. Who is Lady Hale? In other words, if powers exercised by the government (the executive) had the effect of diluting the powers of parliament without reasonable justification, it would be considered unlawful. 1966 Lady Hale graduates from Cambridge, before going on to teach law at Manchester University from that year until 1984. She also qualifies as a barrister at the Manchester Bar. She specialises in family and social welfare law 2004 Appointed the first female Lord of Appeal in Ordinary, also known as Law Lords, who are judges that were appointed to the House of Lords 1989 Lady Hale becomes a QC in 1989 (known in legal parlance as taking silk) and joins Barristers’ chamber 1KBW, which specialises in family law. She is appointed to the High Court later in the year What did she rule today? Giving her verdict on behalf of the 11 judges, Lady Hale first ruled on whether the matter of prorogation was a matter for the court. She decided that it was. Lady Hale with Prince Charles Brenda Marjorie Hale, Lady Hale of Richmond, is the first female president of the Supreme Court. She took over from Lord Neuberger of Abbotsbury in 2017 to lead the UK’s highest court, which was created by by Tony Blair in 2009 to “put the relationship between parliament, the government and judges on a modern footing”. Read more: Bercow recalls MPs as Supreme Court rules Boris Johnson’s prorogation unlawful 2013 Lady Hale becomes deputy president of the Supreme Court After ruling that the courts are able to test the limits of prerogative powers – the term used to describe powers held by the monarch or by government ministers that may be used without the consent of both houses of parliament – the court then deliberated on what the limits of such powers were. Share 1999 Lady Hale is promoted to the Court of Appeal “The courts have exercised a supervisory jurisdiction over the lawfulness of acts of the government for centuries,” she said. “As long ago as 1611, the court held that ‘the King [who was then the government] hath no prerogative but that which the law of the land allows him’. Finally, Lady Hale gave her verdict on whether the Prime Minister’s decision to suspend parliament had the effect of “frustrating or preventing the ability of parliament to carry out its constitutional functions without reasonable justification”. In a blow to Johnson, she said no justification for “taking action with such an extreme effect has been put before the court”. She said: “This was not a normal prorogation in the run-up to a Queen’s Speech. It prevented parliament from carrying out its constitutional role for five out of the possible eight weeks between the end of the summer recess and exit day on 31 October.” whatsapplast_img read more

Sajid Javid promises to increase National Living Wage

first_img Joe Curtis Sajid Javid promises to increase National Living Wage to £10.50 Share whatsapp Monday 30 September 2019 3:57 pm Read more: Boris Johnson set to unveil £5bn full-fibre broadband boost Chancellor Sajid Javid has vowed to hike the National Living Wage to £10.50 within the next five years. MANCHESTER, ENGLAND – SEPTEMBER 30: Chancellor of the Exchequer, Sajid Javid speaks on day two of the 2019 Conservative Party Conference at Manchester Central on September 30, 2019 in Manchester, England. Despite Parliament voting against a government motion to award a recess, the Conservative Party Conference still goes ahead. Parliament will continue with its business for the duration. (Photo by Jeff J Mitchell/Getty Images) Those aged over 25 earn a minimum of £8.21 an hour. But the Living Wage Foundation has urged for government to increase the rate to £9 per hour, and £10.55 for London workers. Javid also announced £220m funding to improve bus networks and a £5bn treasure chest to overhaul the UK’s digital infrastructure. “The hard work of the British people really is paying off,” he added. Read more: Chancellor Sajid Javid sets aside £17bn for no-deal Brexit cushion Javid also confirmed pledges to spend £25bn on upgrading England’s roads – a spending measure first made by Philip Hammond, the former chancellor. Speaking to a busy Tory Party Conference hall, Javid said he would also ensure 21-year-olds can qualify for the National Living Wage. Currently the threshold is set at 25 years old. whatsapp “It’s clear it’s the Conservatives who are the real party of labour – we are the workers’ party.” “We are setting out plans to invest £5bn to support the rollout of full-fibre, 5G and other gigabit-capable networks to the hardest-to-reach 20 per cent of the country,” Javid said. The Treasury boss said this pledge would make the UK “the first major economy in the world to end low pay altogether”. That spending is set to put full-fibre broadband in every home by 2025, an ambitious election pledge made by Prime Minister Boris Johnson. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comlast_img read more

Labour’s executive shifts blame for election loss away from Corbyn

first_img Tags: General election 2019 Although the authors acknowledged that Labour’s Brexit policy “played a decisive role in the election”, they stuck by the decision to remain neutral, highlighting the split between pro-Remain members and pro-Leave voters, particularly in the north. A report written by election co-ordinators Andrew Gwynne and Ian Lavery and circulated at a meeting of the National Executive Committee, said it would be “unrealistic” not to blame the result on Brexit, which “almost entirely dominated the political life of the country between June 2017 and December 2019”. Share While Brexit was a critical factor, Corbyn was widely seen as “toxic on the doorstep”, multiple backbenchers said. whatsapp Instead the party lost out to the “endlessly repeated clarity of the Tories’ minimalist campaign, centring solely on a misleading promise to “Get Brexit Done”,” they argue. The document also criticises the number of manifesto policies, which it says left voters confused as to the party’s policies. Main image: Getty Labour’s executive team has sought to blame Brexit and “four years of unrelenting attacks” on Jeremy Corbyn for the party’s worst performance in 80 years, a leaked document reveals. center_img “It is unlikely that radicalism itself was the problem in a country looking for change,” the document argues. However this is at odds with what several MPs, both Labour and Conservative, have told City A.M. was the cause for the collapse of the so-called Red Wall in the Midlands and the North of England. Catherine Neilan The “venomous” media also played a role, the document claims, noting that while the attacks were equivalent to those experienced in 2017, the build up since the previous election amounted to “an assault without precedent in modern politics”. Wednesday 29 January 2020 11:00 am Labour’s executive shifts blame for election loss away from Corbyn whatsapp Show Comments ▼ Jeremy Corbyn arrives at Trafalgar Sq to speak at a rally on January 11 (Getty Images) last_img read more