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 Bank
whatsapp It was rolled out in the UK from early December for vulnerable groups and those working on the front lines of the NHS. Pfizer profit forecast gets a shot in the arm from successful Covid-19 vaccine Tuesday 2 February 2021 2:37 pm The company said it expects total 2021 revenue of between $59.4bn and $61.4bn. Tags: Coronavirus Vaccine More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org In the fourth quarter, the vaccine brought in sales of $154m. Margaret Kershaw receives the Pfizer vaccine at a vaccination centre at the Royal Health (Getty Images) Also Read: Pfizer profit forecast gets a shot in the arm from successful Covid-19 vaccine The vaccine was among the first to be authorised for emergency use in the UK, the US and several other countries, and analysts have forecast billions in sales. Reuters Show Comments ▼ Margaret Kershaw receives the Pfizer vaccine at a vaccination centre at the Royal Health (Getty Images) Also Read: Pfizer profit forecast gets a shot in the arm from successful Covid-19 vaccine whatsapp Despite the increased profit forecast, shares in Pfizer sank 2.4 per cent at the open on Wall Street. Share The pharma inclreased its adjusted profit forecast to between $3.10 and $3.20 per share, up from its prior forecast of $3 to $3.10 per share. Margaret Kershaw receives the Pfizer vaccine at a vaccination centre at the Royal Health (Getty Images) However this was well below expectations of $462m, according to consensus estimates compiled by brokerage Mizuho. Pfizer has forecast sales of about $15bn from the Covid-19 vaccine that it is making along with German partner BioNTech and raised its full-year profit forecast.
Porter’s pay for 2019 included $1.3 million in salary, nearly $5.6 million in share awards, nearly $1.4 million in option awards, a cash bonus of $2.3 million, $2 million in pension value and $3,500 in other compensation.That compared with a 2018 pay packet that included $1.2 million in salary, $6 million in share awards, $1.5 million in option awards, a cash bonus of $2.5 million, $2 million in pension value and $3,000 in other compensation.Porter’s direct and variable compensation both came in below his 2019 target, which Scotiabank’s board said “reflects the bank’s lower 2019 business performance factor.”Nonetheless, Scotiabank earned nearly $8.8 billion in its 2019 financial year, up from $8.7 billion in its 2018 financial year.Porter isn’t the only chief executive of a big Canadian bank to see his total compensation for 2019 decline. TD Bank chief executive Bharat Masrani saw his total compensation drop nearly 18% compared with 2018.Scotiabank’s other executive officers made the following in 2019:Rajagopal Viswanathan, group head, chief financial officer, earned total compensation of $3.3 million, up from $1.7 million in 2018.Ignacio Deschamps, group head, international banking and digital transformation, earned total compensation of $6 million, up from $5.9 million in 2018.Adrián Otero Rosiles, executive vice president and country head, Scotiabank México, earned total compensation of $5 million.Dan Rees, group head, Canadian banking, earned total compensation of $3.9 million, up from $3 million in 2018.James P. O’Sullivan, strategic advisor to the CEO, earned total compensation of $7.2 million, up from $4.7 million in 2018, when he was group head, Canadian operations.Gender diversityAccording to the proxy circular, five of the bank’s 13 nominated directors (38%) are women. Scotiabank says it has a goal of having women represent 37% of its global vice presidents and 45% of its Canadian vice presidents by the year 2021.Shareholder proposalsScotiabank is facing four shareholder proposals this year, each of which the bank advised voting against.A request that the bank disclose the equity ratio used by the compensation committee to determine compensation.A request that the bank inform shareholders of the investments it makes in information technology over the next five years.A request that the bank set a diversity target of more than 40% for the composition of its board of directors for the next five years.A request that the bank revise its human rights policies to consider the impact on human rights and Indigenous people’s rights in project finance and commercial lending decisions.Scotiabank will hold its annual shareholder meeting April 7, 2020. Share this article and your comments with peers on social media Canadian PressGreg Dalgetty Facebook LinkedIn Twitter jewhyte/123RF The chief executive of Toronto-based Bank of Nova Scotia saw his total compensation for last year fall compared with 2018.Scotiabank’s management proxy circular, filed ahead of its annual meeting, states that Brian Porter earned $12.6 million in total compensation last year, down from nearly $13.3 million in 2018.
“There is falling demand for such options across the industry as advisors seek alternate fee arrangements to meet their clients’ needs,” a release from NEI said.The Canadian Securities Administrators’ ban on DSC mutual funds will take effect in 2022 in all jurisdictions except Ontario, which will instead adopt a series of restrictions on sales of the funds.Other firms, including BMO Investments Inc., are also moving to discontinue their DSC options.DSC funds have seen “deep net redemptions” for more than a decade, according to Investor Economics. At the end of 2019, DSC assets in Canada represented 7.4% of the industry total, the firm said in a March report. Facebook LinkedIn Twitter Share this article and your comments with peers on social media Mutual fund sales outpace ETF sales in March CIBC to introduce fixed administration fees for certain investment funds Related news iStock Fiera sells rights to manage US$1.9B emerging markets fund Keywords Mutual funds, DSC mutual funds IE Staff Toronto-based NEI Investments will discontinue the deferred sales charge (DSC) and low-load options on its mutual funds later this year.The firm said Friday it will close DSC and low-load purchases to new investors around Aug. 10, and to existing investors around Oct. 5. Those already invested in DSC and low-load funds will still be subject to the redemption fee schedule.
RelatedUnity of Purpose … Now more than ever Advertisements RelatedUnity of Purpose … Now more than ever FacebookTwitterWhatsAppEmail The new session of Parliament convenes today in the throes of the most severe economic crisis the world has experienced in more than 80 years. No country in the world has been spared and we in Jamaica have been buffeted by the raging currents of this tsunami.Our bauxite and alumina industry which accounts for 60% of our total exports is struggling to avoid a total shutdown. Many businesses have been pushed to the brink, exporters are faced with shrinking markets and access to credit severely curtailed. Remittances, our largest source of foreign exchange inflows, have declined sharply. Prior to the full-blown impact of the recession, oil prices had reached unprecedented levels causing a sharp rise in inflation, pressure on our exchange rate and undermining the competitiveness of our producers.The Government responded with a package of measures to, among other things, restore credit to the private sector, provide tax relief to help businesses through the crisis, retrain displaced workers and reschedule payment arrangements for mortgage holders.The global crisis has impacted especially harshly on those who have lost their jobs and the poor and unemployed who have so little margin for adjustment.It is a Time of Great Challenge It is a time of great challenge and it behoves you, the members in whom the people have placed their trust, to demonstrate the extraordinary leadership that these extraordinary times demand.We Must Give ThanksDespite the hardships, there is much for which we must give thanks. There has been a raft of bank failures and the collapse of financial institutions across the world but Jamaica’s financial system has remained strong, sound and well regulated. Vacation travel has declined globally but Jamaica’s tourism, supported by the dynamic marketing efforts of both the Government and hotel interests, has shown remarkable resilience with an increase in stopover arrivals last year. There has been a virtual paralysis of the international capital markets on which we have depended so heavily but the Government has been able to secure substantial flows from the multilateral agencies at low interest rates. The agricultural sector was severely damaged by Tropical Storm Gustav but has shown significant recovery in the last quarter of 2008.Let us not forget that despite the darkness which hung over us, our athletes lit up the world with their astonishing performance at the Olympics in Beijing, winning eleven medals, including seven Gold, and setting three World Records and one Olympic Record.Government’s ImperativesThe focus of the Government this year will be on two imperatives: navigating our way out of the current crisis and building a solid foundation for recovery and growth.The economic projections which underpinned last year’s budget have had to be revised in light of the effects of the global crisis but, given the weaknesses in the macroeconomic fundamentals of the Jamaican economy over many years, we have very little elasticity. The modest adjustments in targets which can be made, therefore, must be accompanied by tight fiscal measures.Expenditure ContainmentIncreased public expenditure cannot be the tool to counter the effects of the economic downturn – not when the country has not accumulated the surpluses from which such expenditure could be financed. This would be a reckless approach that would be punished immediately by the market and would have grave consequences for the future. Expenditure must, therefore, be contained within acceptable fiscal deficit limits.These adjustments cannot be painless nor can they be avoided. The sacrifices that must be made must be shared equitably and must be geared toward building a strong foundation for recovery and growth.Tax ReformTax reform will be a major plank of the fiscal programme for this year not only to sustain the revenue flows required to support essential expenditures but to make our tax system more simple, equitable and investment-friendly. New debt management strategies will be employed to ease the debt service burden and create fiscal space for growth-generating initiatives.But even as we are forced to contain immediate expectations and suppress demand for increased expenditure, the needs of the poor and vulnerable cannot be suppressed. We cannot afford to have the gains in reducing poverty reversed. The social safety net, particularly as it impacts on nutrition levels, children and the elderly, must be strengthened especially at this time.No Roll Back of Abolition of FeesThe abolition of tuition fees in secondary schools, now in its second year, has not only ensured that no child is kept out of school because of inability to pay but schools that were unable to collect these fees now enjoy full remittance from the Government. Even in these tough times, this initiative to help the poor cannot be rolled back.The decision to abolish user fees in hospitals and health centres to ensure that the poor can have access to critical healthcare has not been without its challenges. Reducing waiting time and improving service delivery will be a major priority this year. More resources will be provided to increase the availability of drugs and creative measures will be introduced to provide other access points in addition to hospital pharmacies for the dispensing of these drugs. The increased demand for public health treatment as a result of this policy reflects the significant number of people who would otherwise have been deprived of these services. This decision will be reinforced. It must not be rolled back.PATH ProgrammeThe PATH programme has been expanded significantly both in the number of beneficiaries and the value of benefits. It will be expanded further and other programmes to assist the poor and those at risk will be strengthened.The implementation of the Constituency Development Fund last year made a significant impact on the quality of life especially in rural areas, with funds spent on a wide range of social and economic programmes in all 60 constituencies. This innovative programme which goes to the heart of effective representation will continue in the new fiscal year.Divestment of Government-Owned EntitiesWe must relieve the budget of loss-making enterprises and the cost of government agencies which ought to be self-financing. This is essential to attaining, over time, a balanced budget and to be able to redirect scarce resources to vital areas such as security, education, health, infrastructure and social devel-opment.The failure to divest Air Jamaica and the government-owned sugar enterprises within the original time frame is no reflection of lack of will or purpose but, rather, a result of the challenging economic climate.The Government will continue to pursue this objective and it is optimistic that this effort will be concluded during this financial year. Other government-owned assets to be divested have been identified and an aggressive divestment programme will be developed to take advantage of the renewed appetite for investment which is anticipated after the recession has ended. Steps will be taken to ensure that a number of government regulatory agencies and those engaged in commercial activities become self-financing so that the budget can be relieved of that burden.Education – An Urgent National PriorityEconomic growth cannot be realized without an educated, competent workforce. For many years, the performance of our schools and students has been disappointing. Transforming our education system is not a policy option; it is an urgent national priority. While the emphasis in the past has been on access to education, equal attention must now be paid to the deficiencies in the quality of education and accountability within our educational institutions. The establishment of the National Education Inspectorate and the Jamaica Teaching Council which will become operational this year are important steps in that regard.Alternative Energy SourcesThe high cost of energy is a major obstacle to efficient production and competitiveness. The work carried out last year in assessing the feasibility and availability of alternative energy sources and the appropriate energy mix will form the basis of a new energy strategy to be presented this year. Investments in new solutions will take 3-4 years to fruition but we must begin the process this year. It is one of the highest priorities of the Government.The shutdown of three of our four alumina plants in the face of the weak global demand for aluminium emphasizes the need to address the inefficiencies inherent in the bauxite/alumina industry. The high cost of energy is a major factor, hence the urgency that the Government attaches to the transformation of the energy sector. However, there are other initiatives that must be taken in investing in new technology to improve efficiency and competitiveness if we are to ensure that the local industry will rebound when market conditions improve. To that end, a special Task Force has been established to evaluate each plant and identify the changes that must be made and investment required to achieve global competitiveness in this important industry.Small Businesses and Micro EnterprisesSmall businesses and micro enterprises constitute a major part of the economy and a major source of employment. There are thousands of small entrepreneurs who have good ideas and work hard but collateral requirements for risk support are beyond their reach. Accessing credit from conventional commercial sources is a major difficulty for them. The Government will be introducing a new, innovative programme to increase access to credit for small businesses and micro-enterprises to unleash the strong entrepreneurial spirit that is so instinctive to our people.Crime and Violence Damages our CompetivenessThe efforts to reduce crime and violence must be revitalized. This scourge constitutes a major social and economic problem. The trauma to families is unbearable. The fear instilled in the hearts of our citizens is unacceptable. The cost to the nation in terms of emergency healthcare, security and the loss of production is horrendous. The damage to our competitiveness, our attractiveness for investment and the losses arising from jobs that could have been created, goods that could have been produced and foreign exchange that could have been earned are incalculable.The measures to fight crime must be supported by strong legislative action, improved management of our security forces, greater accountability and a strengthening of the partnership between the security forces and the citizenry.The implementation of the recommendations emanating from the strategic review of the Jamaica Constabulary Force to improve the quality of the organization and ensure proper management and accountability will be accelerated this year. The efforts to root out corruption within the Force and rebuild public confidence in our law enforcement machinery will be intensified. A Bill to establish an Independent Commission of Investigations to investigate cases of abuse of authority has been considered by a Joint Select Committee of Parliament whose report has been tabled. It is expected that this legislation will be enacted this year.The Justice Reform Programme will be further advanced this year. Efforts to reduce the backlog of cases will be intensified. The Court Management Services to consolidate and improve the management of our courts will become a reality during this fiscal year.Corruption – The Enemy of Good GovernanceCorruption is the enemy of good governance. It undermines public confidence in the institutions of authority. It is a significant deterrent to economic and social development. The Government will continue to be strident and unwavering in stamping out corruption wherever it exists and punishing those engaged in corrupt activities. The Bill to establish a Special Prosecutor to investigate and prosecute corrupt practices has been the subject of rigorous scrutiny by a Joint Select Committee of Parliament. The Government expects to have this Bill debated and passed as a matter of urgency.It is not possible to tell with any certainty when the global recession will come to an end and how soon recovery will begin. The recent decision of the G20 Summit to provide one trillion US dollars through the multilateral institutions to assist countries in distress to stabilize their economies is welcomed. So, too, is its agreement to establish broad, global regulatory mechanisms to avoid a recurrence of the deviations that gave rise to the current crisis. The Government is actively assessing the opportunities that will emanate from these decisions and will seek to pursue such options as are considered necessary and in the interest of the country.Our Prospects are in Our HandsOur prospects, however, do not lie exclusively or even primarily beyond our shores. They are to be found in our minds, in our hearts and in our own hands. The impact of the global crisis has served to highlight our vulnerability and the need to strengthen and grow our economy to provide opportunity and prosperity for our people and enable us better to protect ourselves from global shocks.Our people are our most precious assets but too much of those assets are allowed to go to waste. We must raise our children better, socialize them better and educate them better. The family is the cradle of the nation. Fix the cradle and we will fix the nation.National Transformation ProgrammeA National Parenting Commission, supported by the necessary legislation, will be established this year to provide support for wholesome family life and guide intervention measures where dysfunctionalities are identified. It will work in tandem with the National Transformation Programme which is geared to transforming behaviour, instilling hope and pride and infusing a new spirit of peace, unity and cooperation in troubled communities through the coordination of the work of state agencies and non-governmental organizations.New Dialogue.New PartnershipIn the face of all the uncertainties that now beset us, one thing is clear – we are all in this together and we can only get out of it if we move forward together. The need for unity in the face of adversity has never been greater. Now, more than ever, it is time for a new dialogue, a new partnership.The Social Partnership involving the Government, Opposition, Private Sector and Trade Unions has begun. It must be supported and strengthened to identify and pursue shared goals through agreed strategies. We must each be prepared to subordinate our individual and sectional interests to the national interest. We must be prepared to make commitments and be diligent in honouring those commitments.The Government and the Opposition must set the example and be constantly engaged in a new dialogue, respectful of their differences, but deeply mindful that the Jamaica that unites us is infinitely greater than the political parties that divide us.Employers and employees must talk with each other in ways they may never have done before because they are all in the same boat riding the same waves. Enlightened management, a strong work ethic and mutual respect must be the paradigm that governs the workplace.Strong Families and CommunitiesIndividuals at the community level must come together and use their various community-based organizations to identify their priorities, the opportunities that can be explored and the programmes of assistance that can be accessed. Strong families and strong communities guarantee a strong nation.We are Jamaicans.We Shall OvercomeNow is the time for our strength as a people to come to the fore as never before to live out the true meaning of our motto, that out of many we are, indeed, one people. Now is the time to proclaim and demonstrate to the world that the winds may howl and the branches may bend but our roots are firm, our resolve is strong and our spirit can never be broken. We are Jamaicans. We shall overcome.The Estimates of Expenditure will be laid before you this afternoon. I pray the wisdom of God’s guidance on your deliberations and His blessings on you and all the people of Jamaica. RelatedUnity of Purpose … Now more than ever Unity of Purpose … Now more than ever Governor GeneralApril 7, 2009
UK House Price Index for September 2020 The September data shows:on average, house prices have risen 1.7% since August 2020there has been an annual price rise of 4.7% which makes the average property in the UK valued at £244,513EnglandIn England the September data shows, on average, house prices have risen by 1.6% since August 2020. The annual price rise of 4.9% takes the average property value to £261,795.The regional data for England indicates that the:South West experienced the greatest monthly price rise, up by 3.3%East Midlands saw the lowest monthly price growth, with a movement of 0.5%South West experienced the greatest annual price rise, up by 6.4%North East saw the lowest annual price growth, with a rise of 3.3%Price change by region for EnglandRegionAverage price September 2020Annual change % since September 2019Monthly change % since August 2020East Midlands£204,5815.00.5East of England£305,7644.82.6London£496,4854.10.8North East£136,2623.32.8North West£176,9766.01.2South East£336,7634.01.4South West£275,3766.43.3West Midlands£208,4974.01.3Yorkshire and the Humber£174,4505.41.2Repossession sales by volume for EnglandThe lowest number of repossession sales in July 2020 was in the East of England.The highest number of repossession sales in July 2020 was in the North West.Repossession salesJuly 2020East Midlands30East of England8London39North East53North West95South East60South West24West Midlands47Yorkshire and the Humber57England413Average price by property type for EnglandProperty typeSeptember 2020September 2019Difference %Detached£403,358£378,1146.7Semi-detached£245,523£233,3325.2Terraced£213,089£203,1484.9Flat/maisonette£231,842£227,6401.8All£261,795£249,6374.9Funding and buyer status for EnglandTransaction typeAverage price September 2020Annual price change % since September 2019Monthly price change % since August 2020Cash£245,9624.61.9Mortgage£269,7545.01.5First-time buyer£218,2784.21.6Former owner occupier£298,9195.61.7Building status for EnglandBuilding status*Average price July 2020Annual price change % since July 2019Monthly price change % since June 2020New build£305,988-2.00.3Existing resold property£250,7302.70.9*Figures for the two most recent months are not being published because there are not enough new build transactions to give a meaningful result.LondonLondon shows, on average, house prices have risen by 0.8% since August 2020. An annual price rise of 4.1% takes the average property value to £496,485.Average price by property type for LondonProperty typeSeptember 2020September 2019Difference %Detached£955,563£901,9215.9Semi-detached£611,383£578,5975.7Terraced£530,405£498,5706.4Flat/maisonette£427,689£418,3242.2All£496,485£477,1464.1Funding and buyer status for LondonTransaction typeAverage price September 2020Annual price change % since September 2019Monthly price change % since August 2020Cash£514,7003.20.4Mortgage£490,4604.31.0First-time buyer£431,4383.31.0Former owner occupier£565,4185.10.7Building status for LondonBuilding status*Average price July 2020Annual price change % since July 2019Monthly price change % since June 2020New build£482,421-3.81.0Existing resold property£487,1322.21.1*Figures for the two most recent months are not being published because there are not enough new build transactions to give a meaningful result.WalesWales shows, on average, house prices have fallen 1.9% since August 2020. An annual price rise of 3.8% takes the average property value to £170,604.There were 39 repossession sales for Wales in July 2020.Average price by property type for WalesProperty typeSeptember 2020September 2019Difference %Detached£258,786£248,6384.1Semi-detached£164,721£158,4294.0Terraced£133,027£127,6414.2Flat/maisonette£115,073£115,173-0.1All£170,604£164,4143.8Funding and buyer status for WalesTransaction typeAverage price September 2020Annual price change % since September 2019Monthly price change % since August 2020Cash£165,0323.1-2.3Mortgage£173,8774.1-1.7First-time buyer£147,2733.7-1.8Former owner occupier£197,8153.8-2.0Building status for WalesBuilding status*Average price July 2020Annual price change % since July 2019Monthly price change % since June 2020New build£219,365-1.50.6Existing resold property£166,1013.20.7*Figures for the two most recent months are not being published because there are not enough new build transactions to give a meaningful result.Access the full UK HPIThe UK HPI is based on completed housing transactions. Typically, a house purchase can take 6 to 8 weeks to reach completion. The price data feeding into the September 2020 UK HPI will mainly reflect those agreements that occurred after the government measures to reduce the spread of coronavirus (COVID-19) took hold.UK house pricesUK house prices increased by 4.7% in the year to September 2020, up from 3.0% in August 2020. On a non-seasonally adjusted basis, average house prices in the UK increased by 1.7% between August 2020 and September 2020, compared with a rise of 0.1% during the same period a year earlier (August 2019 and September 2019).The UK Property Transactions Statistics showed that in September 2020, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 98,010. This is 0.7% lower than a year ago. Between August 2020 and September 2020, UK transactions increased by 21.3% on a seasonally adjusted basis.House price growth was strongest in England where prices increased by 4.9% in the year to September 2020. The highest annual growth within the English regions was in the South West where average house prices grew by 6.4%. The lowest annual growth was in the North East, where prices increased by 3.3% in the year to September 2020.See the economic statement.BackgroundThe UK House Price Index (HPI) is published on the second or third Wednesday of each month with Northern Ireland figures updated quarterly. The October 2020 UK HPI will be published at 9.30am on Wednesday 16 December 2020. See calendar of release dates.We have made some changes to improve the accuracy of the UK HPI. We are not publishing average price and percentage change for new builds and existing resold property as done previously because there are not currently enough new build transactions to provide a reliable result. This means that in this month’s UK HPI reports, new builds and existing resold property are reported in line with the sales volumes currently available.The UK HPI revision period has been extended to 13 months, following a review of the revision policy (see calculating the UK HPI section 4.4). This ensures the data used is more comprehensive.Sales volume data is also available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new register, such as new builds, are more complex and require more time to process. Read revisions to the UK HPI data.Revision tables have been introduced for England and Wales within the downloadable data. Tables will be available in csv format. See about the UK HPI f /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:building, coronavirus, English, Government, house, Ireland, London, mortgage, price, property, purchase, release date, sales, statistics, UK, UK Government
Climate Change Act Review Peter Gutwein,Premier & Minister for Climate ChangeTasmania is a leader in climate action and we have achieved our target of net zero emissions by 2050 four years in a row.Because of our success, and in line with our legislative requirements, the Tasmanian Government has commenced an independent review of the Climate Change (State Action) Act 2008 (the Act), to ensure our legislation is as robust as possible and to consider a more ambitious net zero emissions target.Jacobs, a leading engineering and technical consultancy, has been appointed to conduct the Independent Review, while at the same time, central agencies DPAC and Treasury will analyse the opportunities and challenges for industry and jobs of a more ambitious target, to ensure it is evidence-based and informed by both science and economics.The Review will be carried out in consultation with the Tasmanian community, businesses, industry and the scientific community, and I will have more to say on this early next year.Funding of $300,000 was provided in the 2020-21 State Budget to progress the review of the Act and our emissions reduction target.The outcomes of the Review will inform amendments to the Act and the development of Tasmania’s next climate change action plan for post 2021.The full Terms of Reference for the independent review are available at: www.dpac.tas.gov.au/divisions/climatechange/Climate_Change_Priorities/review_of_the_climate_change_act. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, climate, climate change, community, Engineering, Government, industry, jobs, legislation, Minister, outcomes, Premier, science, TAS, Tasmania, Tassie, terms of reference, zero-emission
App aims to assist with children’s dental treatment COVID-19 has presented a host of challenges for dental teams, among them the assessing and prioritising treatment for their patients when coming into a practice or clinic has not always been an option.This has led to a rise on tele-oral medicine– see June 2020 issue of the ADA’s News Bulletin – and the creation of new item number on the Australian Schedule of Dental Services and Glossary for telehealth consultations, and now, thanks to Western Australian State Government funding designed to tackle COVID-19 health challenges.The recipient of one of the funding grants for The University of Western Australia researchers, Professor Marc Tennant, is aiming to develop an app that would allow parents to photograph their children’s teeth and have them evaluated by a dental team.As reported in Perth Now, the hope is that the app will play a role in ensuring “access to routine dental care and reduce unnecessary travel and waiting times.“This approach has the potential to prioritise children based on their dental needs to receive appropriate treatment at the appropriate time,” Professor Tennant said.“It will help to provide potentially low-cost and sustainable preventive dental care for children even during the pandemic.”The app is among a range of funded research projects which include drawing up a program that would effectively deliver a COVID-19 vaccine to hard-to-reach communities. /ADA Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, Australian Dental Association, children, covid-19, dental care, dental health, dental industry, Government, pandemic, Perth, Professor, research, sustainable, telehealth, treatment, university, University of Western Australia, Western Australia
Speech – energy jobs forum – check against delivery Premier and Minister for Trade The Honourable Annastacia PalaszczukMy government is committed to Queensland becoming a renewables, hydrogen, and manufacturing superpower because that means more full-time jobs across more regions. So we will expand our $500 million Queensland Renewable Energy Fund into a $2 billion Queensland Renewable Energy and Hydrogen Jobs Fund. When it comes to the fundamentals for becoming a renewables, hydrogen and manufacturing superpower Queensland has it all. Queensland has: – Sunshine and wind resources above the ground; – Critical economy minerals below the ground; – A highly skilled workforce across regional centres; – The infrastructure, ports and industrial land delivered because of our coal and LNG export sectors; and – Established trade partners. You can call me biased but I don’t just back Queensland on the State of Origin. I truly believe that there is no other place in the world as well positioned as Queensland to lead on hydrogen, critical energy minerals and renewables manufacturing. My Government backs renewables and hydrogen, and we have a world first Minister and Assistant Minister for Hydrogen. And we have a dedicated Minister for Resources as the local Member. As Dr Alan Finkel has recognised my government acted early delivering our Queensland Hydrogen Industry Strategy ahead of the National Hydrogen Roadmap. To ensure that we have the hydrogen skills needed my government is investing in: – A Hydrogen and Renewable Energy Training facility in Townsville; – Hydrogen training facilities at Gladstone State High School; and – A Queensland Apprenticeships Centre at Beenleigh to deliver training for renewable hydrogen. Already our investment in hydrogen has supported projects to: – Inject hydrogen into the gas network in Gladstone; – Deliver hydrogen refuelling stations; and – Support work underway to decarbonise minerals processing at Sun Metals right here in Townsville. SUN METALS Sun Metals has been a global leader building a 124-megawatt solar farm next to their zinc refinery in 2018. Later that year I travelled to Korea to meet with Korea Zinc to secure support for the $455 million expansion of the Sun Metals zinc refinery. That expansion was recently completed without any delays due to COVID. Sun Metals is the first refinery globally to sign up to the RE100 initiative to power the zinc refinery with 100 per cent renewable energy by 2040. Ark Energy is now working with Sun Metals to be the first refinery in the world to produce green zinc. My government’s investment in hydrogen is supporting the work of Ark Energy on the SunHQ Hydrogen Hub to spearhead the hydrogen strategy at the Sun Metals refinery. I’m looking forward to saying more about this project soon. RECORD ON RENEWABLES Under my government we have taken renewable energy generation from 7 per cent to over 20 per cent. That’s meant investment in – over 5,100 megawatts of renewable generation; – across more than forty wind and solar farms with; – $9.9 billion of investment; and – Supporting 7,000 jobs during construction. Large scale renewable generation in Queensland is now offsetting 12.6 million tonnes of carbon emissions a year. This builds on Queensland’s strong and stable energy mix including the youngest and most efficient fleet of coal and gas fired generators.And I often say that Queensland is the energy powerhouse of the nation.We have our coal, we have gas, and we have renewables but today is a very significant announcement in how we get to that 50 per cent renewable energy by 2030.And in the absence of a defined energy plan by the Federal Government I have commissioned Minister Mick de Brenni to be working with other key Cabinet ministers to develop a 10-year energy plan for Queensland. We will step up where the Federal Government has stepped out. When I addressed CEDA in August last year I announced a $145 million investment in renewable energy corridors. Last month that commitment supported the 157 megawatt Kaban wind farm in North Queensland to reach financial close with $373 million of investment and 250 local construction jobs. And last week the tender was awarded for the transmission line to the Genex Kidston Clean Energy project – thanks to a $147 million investment from my government. In total the project will support 900 construction jobs and 250 megawatts of pumped hydro. GLOBAL OPPORTUNITY We need to build on this record and act now to ensure Queensland secures the global investment underway in renewables. The Biden Administration in the United States has committed US $174 billion to accelerate supply chains for electric vehicles and issued an Executive Order to secure supply chains for critical minerals. That means more opportunities for Queensland to secure investment in our North West Minerals Province that has over half a trillion in known resources. Demand for electric vehicles in the United States is already supporting rapid growth in local electric vehicle charging manufacturer Tritium – a company my Government backed to grow in 2016. The rise in demand for electric vehicles will require more gigafactories or large-scale manufacturing to deliver electric vehicle batteries. According to the International Energy Agency the demand for renewables will contribute to the need for almost 20 gigafactories a year to be built each year for the next ten years. In meetings with our major trading partners including Japan, South Korea and Germany they have all advised that Queensland will be a key source of renewable hydrogen. PROJECTS IN DEVELOPMENT: That’s why we have further projects in development to capitalise on these global growth opportunities. NORTH QUEENSLAND: These include our implementation agreement with CopperString 2.0 to build a 1,100-kilometre transmission line to connect the North West Minerals Province to the National Electricity Market. CopperString 2.0 would provide more affordable energy to projects under development including Walford Creek to mine cobalt, for the Copper Mountain mine project and to continue mining zinc at Dugald River. The CopperString 2.0 project could provide a connection for the proposed one-gigawatt Mount James wind farm. The area around Julia Creek has a number of vanadium projects under development including Multicom’s Saint Elmo project and Vecco Group’s proposed Debella mine. These projects would benefit from lower cost energy by making it more affordable to co-locate common user infrastructure for minerals processing. We want to work with these companies and other vanadium proponents to support a critical minerals demonstration plant in Townsville so that we can secure the manufacturing of vanadium batteries in Queensland. My government backs the development of the North West Minerals Province to provide the critical energy minerals the world needs because that means more jobs in North Queensland. Earlier this week Queensland Pacific Metals finalised an offtake agreement with Korean companies LG Energy Solutions and POSCO for a Townsville Energy Chemicals Hub. The Townsville Energy Chemicals Hub will manufacture the nickel sulfate and cobalt sulfate needed for electric vehicles at the Lansdown Eco-Industrial Precinct. This follows my government’s $12 million commitment at the election to support infrastructure to develop the Lansdown Eco-Industrial Precinct. The opportunities in the Townsville region don’t stop there with the Origin and Kawasaki Heavy Industries proposal to export liquified hydrogen. We have the unique opportunity to support a clean energy industrial ecosystem from the North West Minerals Province through to Townsville. These opportunities to grow jobs extend across Queensland. CENTRAL QUEENSLAND: In Central Queensland, Government Owned Corporation Stanwell and Gladstone Ports Corporation are working with Iwatani Corporation of Japan to develop a significant green ammonia hydrogen export project. On Tuesday the Deputy Premier announced that a land site west of Gladstone has been secured for the proposed 3-gigawatt hydrogen export facility that could support 5,000 jobs. And we are seeing further exciting opportunities for renewables manufacturing in Gladstone. SOUTHERN QUEENSLAND: Further south we have supported the development of the 1,026 megawatt MacIntyre Wind Farm project which will be one of the largest onshore wind farms in the world and there’s more to come in the region. QUEENSLAND RENEWABLE ENERGY AND HYDROGEN JOBS FUND Today I am proud to announce how we will accelerate development further by investing in productive infrastructure. My government will expand our $500 million Queensland Renewable Energy Fund into a $2 billion Queensland Renewable Energy and Hydrogen Jobs Fund. This will take our total Jobs Fund investment to $3.34 billion.The Queensland Renewable Energy and Hydrogen Jobs fund will: – Support our government owned businesses to expand ownership of renewable energy generation and storage to deliver on our 50 per cent renewable energy target by 2030; – Fund projects to develop our hydrogen industry so that we can reduce emissions in the transport sector and export our sunshine and wind energy to the world; and – Require that the expansion of publicly owned renewable energy drives local manufacturing jobs. That means not just mining the minerals for batteries and renewables in Queensland – it means processing the minerals and making batteries and renewables here as well. I want to see hydrogen electrolysers built locally and local assembly of wind turbines and solar panels because that means local jobs. By owning our power assets and ensuring we maintain a majority ownership share of generation, we will ensure that returns come back to Queenslanders rather than going offshore. Not only does the Queensland Renewable Energy and Hydrogen Jobs fund make sense for the environment, but it also makes economic sense by creating sustainable full-time manufacturing jobs. This fund will support a self-reinforcing cycle of investment – a job-generating clean energy industrial ecosystem. Investment in local manufacturing of renewables and hydrogen delivers lower cost energy and frees up gas as an industrial input for manufacturing. Lower input costs make Queensland manufacturing more internationally competitive. A more competitive manufacturing sector in turn leads to growth in manufacturing and increased demand for energy. That demand for energy then drives more renewables manufacturing that will further the cycle of lifting international competitiveness. All of which will require more critical minerals mining and processing and support a supply chain for hydrogen exports. In Queensland we have the cobalt, copper, scandium and nickel needed for electric vehicles. We have the vanadium resources and high purity alumina to build renewable batteries. We have the bauxite and aluminium smelting needed for the frames for solar panels and the high purity quartz needed for solar PV. We have the ingredients for titanium needed in hydrogen electrolysers. And we have the solar and wind energy to process and manufacture our minerals. Growing our resources sector is no longer just about what’s below the ground – it’s now about harnessing the solar and wind above the ground and manufacturing renewables locally. More investors around the world want to buy products made with lower or net zero emissions. In Queensland we can deliver manufacturing powered by renewables. The Queensland Renewable Energy and Hydrogen Jobs Fund will ensure that more returns stay onshore and that more Queenslanders share in the jobs from global growth in renewables. It will support the private sector to grow and be more internationally competitive. As more products are made from renewable energy globally Queensland will become one of the most attractive destinations for investment. I look forward to working with you all to develop Queensland into a renewables, hydrogen, and manufacturing superpower. To working with you to create more full-time, secure manufacturing jobs across Queensland. By working together, we will ensure that Queensland’s best days are ahead of us. Thank you. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Beenleigh, Central, Federal, federal government, Germany, Gladstone, Government, Japan, Julia Creek, Kidston, Korean, pacific, QLD, Queensland, South Korea, Stanwell, Townsville, United States
About Leadership Features & News Events & Seminars Publications CU Students at LASP Jobs LASP Tours Address & Directions Visitor Information Contact Acknowledgments Giving to LASP Scholarships and Fellowships LASP Staff Personnel Pages Posted September 17th, 2018 NASA’s GOLD instrument captures its first image of the Earth LASP in the News Related Links UCF GOLD home pageNASA Goddard GOLD home page Shown here is the “first light” image of ultraviolet atomic oxygen emission (135.6 nm wavelength) from the Earth’s upper atmosphere captured by NASA’s GOLD instrument. It was taken at approximately 6 a.m. local time, near sunrise in eastern South America. The colors correspond to emission brightness, with the strongest shown in red and the weakest in blue. This emission is produced at altitudes around 160 km (note how it extends above the Earth’s surface on the horizon), when the Earth’s upper atmosphere absorbs high energy photons and particles. The aurora, at the top and bottom of the image, and daytime airglow, on the right hand side, are also visible. An ultraviolet star, 66 Ophiuchi (HD 164284), is visible above the western horizon of the Earth. Outlines of the continents and a latitude-longitude grid have been added for reference. (Courtesy LASP/GOLD science team) Click here for a full-resolution image and detailed caption.NASA’s Global-scale Observations of the Limb and Disk, or GOLD, instrument powered on and opened its cover to scan the Earth for the first time, resulting in a “first light” image of the Western Hemisphere in the ultraviolet. GOLD will provide unprecedented global-scale imaging of the temperature and composition at the dynamic boundary between Earth’s atmosphere and space.The instrument was launched from Kourou, French Guiana, on Jan. 25, 2018, onboard the SES-14 satellite and reached geostationary orbit in June 2018. After checkout of the satellite and communications payload, GOLD commissioning—the period during which the instrument performance is assessed—began on Sept. 4.Team scientists conducted one day of observations on Sept. 11, during instrument checkout, enabling them to produce GOLD’s “first light” image shown here. Commissioning will run through early October, as the team continues to prepare the instrument for its planned two-year science mission.Built by LASP, and managed by NASA’s Goddard Space Flight Center in Greenbelt, Maryland, GOLD is the first NASA science mission to fly an instrument as a hosted payload on a commercial satellite. Data from the instrument—comprised of two, identical ultraviolet-imaging spectrographs—will improve our understanding of the Sun’s impact on the Earth’s upper atmosphere, as well as the effects from terrestrial weather below.“GOLD is an amazing technological breakthrough,” said GOLD Principal Investigator Richard Eastes, a research scientist at LASP. “After years of reviews, testing, testing, and more testing, the instrument is finally making observations of the Earth. The main act has begun. It’s a testament to the engineering and science teams, who were responsible for building and calibrating the instrument, that we’ve reached this significant mission milestone.”Along with NASA’s Ionospheric Connection Explorer, or ICON, scheduled for launch later this fall, GOLD is a key element of NASA’s program to explore Earth’s boundary with space, as the two missions explore this unpredictable near-Earth region to determine how it responds to solar and atmospheric inputs.“The successful launch of GOLD and acquisition of initial data is a fantastic result,” said Bill McClintock, GOLD instrument scientist at LASP. “Its data will help us understand the critical role the Sun plays in space weather and allow us to better protect astronauts and our technological assets that we’ve become so reliant upon in today’s society.”Changes in near-Earth space can affect our lives on Earth by disrupting the use of satellites for communications and navigation. The result can be lost messages, aircraft flight delays, interruptions in GPS signals, and satellite TV outages. Incoming solar energy can also damage spacecraft electronics and detectors, and expose astronauts to health risks from radiation. The more we understand about the fundamental nature of our space environment, the better we can protect these interests.Scientists expect to begin operations of the GOLD instrument in early October 2018.Contacts:Richard EastesGOLD principal investigatorLaboratory for Atmospheric and Space Physics (LASP)(303) [email protected] McClintockGOLD instrument scientistLASP Senior Research Scientist(303) [email protected] communications:LASP Office of Communications and [email protected]—About LASPThe Laboratory for Atmospheric and Space Physics (LASP) at the University of Colorado Boulder (CU) began in 1948, a decade before NASA. We are the world’s only research institute to have sent instruments to all eight planets and Pluto.LASP combines all aspects of space exploration through our expertise in science, engineering, mission operations, and scientific data analysis. As part of CU, LASP also works to educate and train the next generation of space scientists, engineers and mission operators by integrating undergraduate and graduate students into working teams. Our students take their unique experiences with them into government or industry, or remain in academia to continue the cycle of exploration. Tags: Bill McClintock, CU-Boulder, GOLD, GSFC, ICON, Ionospheric Connection Explorer, Laboratory for Atmospheric and Space Physics, LASP, NASA, NASA Goddard, NASA GSFC, NASA’s Goddard Space Flight Center, Richard Eastes, University of Colorado Boulder, William McClintock