Project Merlin has to avoid mistakes of past KCS-content Sunday 13 February 2011 10:43 pm whatsapp whatsapp LAST week, George Osborne announced to the House of Commons that the four largest UK banks – HSBC, Barclays, RBS and Lloyds – have finally signed up to what has been dubbed project Merlin.There is no doubt this agreement is good news if it starts to rebuild the banks’ relationship with the government and wider society. However, some of the stipulations regarding lending to SMEs – £190bn must be lent to businesses this year, £76bn to smaller businesses – give cause for concern. Of course lending to SMEs is important; they will a key driver in economic recovery and must be given every opportunity to succeed and grow.Moreover, banks can only make a profit if they lend money to a range of borrowers. The interest rate charged and the conditions of the loan vary with the bank’s analysis of the degree of risk taken by making the loan.If a bank forgoes making a profit by declining to lend then it either views the inherent risks as too great, or it has more than adequate balance sheet exposure to that type of business.After the crisis, the banks were rightly criticised for adopting an overly relaxed attitude to lending and a failure of risk management in their quest for ever-increasing profits, resulting in huge losses that nearly caused a financial meltdown.It also became clear that SMEs were overly reliant on bank lending as a source of finance and did not have sufficiently robust business models to weather a sudden and unexpected change in circumstances. And yet we are now faced with the situation that banks are being coerced to lend to businesses they have already rejected as too risky or as not having a sustainable business plan, and to encourage SMEs to take on more debt. This conflict was highlighted when the Chancellor announced that the level of lending under project Merlin is significantly higher than the level banks had originally been considering.Project Merlin also stipulates that “chief executives of each bank, along with relevant business area leaders will have their pay linked to performance against the SME lending targets.”This again creates a perverse incentive we witnessed in pre-crisis times. Management were paid to meet quantitative lending targets with little thought on the quality of the lending.If you were successful you pocketed the bonuses and hoped you were promoted before the defaults started to come in, leaving it to your successor to sort out.We must be careful not to repeat the mistakes of the past.Stuart Fraser is the Policy Chairman at the City of London Corporation Share Show Comments ▼ More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULL
In third place in our overall comparison was 888sports. With 11 markets, it offered a lot of variety, and also had very competitive odds on offer. ConclusionThe Tour de France is one of the standout sporting events of the year for punters. After looking at 25 bookies over a variety of markets, we found that EnergyBet was the best bookmaker for cycling betting. It had excellent Tour de France odds, as well as a highly competitive commission rate across the markets. What really separated EnergyBet from the rest and secured it the number one spot was its odds for top three finish, one of the most popular markets with punters betting on the Tour de France. 18th September 2020 | By Aaron Noy Sports betting Leading tipster site Betting Expert compares bookmakers’ offerings for the Tour de France, exploring their markets and odds to determine the best in the UK. Best bookmaker for cycling betting Marathonbet and Bet-at-Home followed closely behind. Best Tour de France top three oddsWith the Tour de France typically being quite unpredictable, many punters look to bet on a podium finish rather than an outright winner. The following bookmakers scored highest in this category: Subscribe to the iGaming newsletter Best Tour de France climber classification oddsMany punters choose to bet on the best climbers in the Tour de France and here the following three bookmakers stood out: A close second was Mr Green, which offered 14 markets in total. What stood out for the bookmaker was that it had some of the best odds around: it was in our top four for both climber’s classification and top three overall odds. Leading tipster site Betting Expert compares bookmakers’ offerings for the Tour de France, exploring their markets and odds to determine the best in the UK 1. Sportingbet=2. Coral=2. Ladbrokes 888sports and Mr Green also performed well by offering among the best odds, while Bet365 and Fansbet were among those with the most attractive commissions. Joint second-placed Ladbrokes and Coral offered among the best Tour de France odds for the points winner and had identical commissions of 40.74%. 1. Sportingbet2. Marathonbet3. Bet-at-Home With that in mind, punters look for the bookmaker with the best value odds and the lowest commission. These were our top three bookmakers for Tour de France outright winner betting: Best Tour de France points winner oddsPunters also want the best value and the highest returns when it comes to the points winner market, and in this category these were the three best bookmakers: Email Address There are now plenty of options for punters but not all offerings are equal, with significant differences in the commission and odds available at various bookmakers. Regions: UK & Ireland AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 1. William Hill2. Unibet3. Fansbet The Tour de France is the biggest event in the cycling calendar. Millions of people across the world tune in to watch the 21-stage event and many of them will bet on the action. Topics: Marketing & affiliates Sports betting Affiliates Bet365 and BetVictor also offered some of the best odds and lowest commission rates in this category, coming in second and third place, respectively. The standout name in our analysis was EnergyBet. It offered a great variety of markets for punters to bet on and its odds were competitive across the board. 1. EnergyBet2. Mr Green3. 888sport Sportingbet provided the best odds and the lowest commission, which made it the best bookmaker when looking solely at outright winner. We researched what was on offer at 25 different bookmakers across a range of different categories. We compared odds across numerous markets, including outright winner, top three finish, top 10 finish, points winner, climber classification and any special bets offered. Best Tour de France outright winner oddsWhen it comes to betting on the Tour de France, the most popular and common market is the outright winner of the competition. Only the very best cyclist will come out on top after 21 events over 23 days. In a field this large, it could be anyone. EnergyBet came out on top, while SkyBet and Fansbet were the second and third best bookies in this category. Sportingbet came out on top, with the best odds and the lowest commission at 39.49%. Betsafe was the name at the top of the mountain, with the most competitive numbers of the 25 bookies we studied. Betsafe offered odds of 20 for its fourth favourite rider, while many bookmakers were as low as 13. About bettingexpert.comProviding expert tips and in depth betting theory, bettingexpert.com is the world’s biggest social network of sports betting tipsters. Its global community of experts compete for prizes by sharing their strongest tips on upcoming matches across 25 different sports to help millions of sports bettors place knowledge-supported bets, with the best odds available from a variety of bookmakers. Betting Expert is owned by Better Collective, the leading developer of educational platforms within the igaming industry. 1. Betsafe2. bet3653. BetVictor 1. EnergyBet2. SkyBet3. Fansbet Overall best bookmaker for Tour de FranceLet’s first take a look at the overall top three bookmakers for cycling betting. Taking into account all the odds and markets offered, these three bookmakers were the most consistent across the board in the variety of markets: The difference in odds was particularly significant outside the top five riders, with Sportingbet offering odds almost three times greater than other bookmakers for a top 13 racer. Best Tour de France top 10 oddsA top 10 finish is an enormous achievement at the Tour de France and betting on the top 10 really opens the field up for punters. The best odds in this market came from the following operators: All data were collected between 18 and 25 August and the results may have been different using different dates. William Hill was the best bookmaker we examined for this market, while Unibet and FansBet came second and third, respectively.
Safaricom Limited (SCOM.ke) listed on the Nairobi Securities Exchange under the Technology sector has released it’s 2019 abridged results.For more information about Safaricom Limited (SCOM.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Safaricom Limited (SCOM.ke) company page on AfricanFinancials.Document: Safaricom Limited (SCOM.ke) 2019 abridged results.Company ProfileSafaricom Limited is an integrated telecommunications company in Kenya providing mobile, fixed voice, data, SMS, Internet and M-PESA services. The company sells mobile phones and tablets as well as broadband modems and routers. It also offers its customers data bundles for pre- and post-paid customers; pre- and post-paid voice plans and SMS services for national and international roaming; Okoa Jahazi for emergency top-up credit; and Flex plans for browsing, calling and SMSing. Bonga Points is a customer loyalty programme and M-PESA is a mobile telephone service to deposit, transfer and withdraw money as well as pay for goods and services. Other services offered include website and email, calling and cloud and hosting services. Safaricom Limited’s head office is in Nairobi, Kenya. Safaricom Limited is listed on the Nairobi Securities Exchange
Chellarams Plc (CHELLA.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2019 interim results for the third quarter.For more information about Chellarams Plc (CHELLA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Chellarams Plc (CHELLA.ng) company page on AfricanFinancials.Document: Chellarams Plc (CHELLA.ng) 2019 interim results for the third quarter.Company ProfileChellarams Plc is an investment holding company in Nigeria with business interests in manufacturing, retail, distribution, marketing and power generation. The company has been in operation for almost 90 years and is a leader in its field of manufacturing and distributing industrial raw materials and consumer goods. Its product portfolio ranges from industrial chemicals and machinery to ingredients for food manufacturers, frozen foods, bicycles and electronics. Chellarams Plc operates through three subsidiary companies: Chelltek Industries Limited, Dynamic Industries Limited and United Technical & Allied Services Limited. It is in a joint partnership with American Express Travel Services, Devyani International (Nigeria) Limited, Isolo Power Gen Limited and Woolworths Retail Stores Limited. The company’s head office is in Lagos, Nigeria. Chellarams Plc is listed on the Nigerian Stock Exchange
I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. conorcoyle has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Conor Coyle | Monday, 8th March, 2021 | More on: BP Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares The BP (LSE:BP) share price has had a topsy turvy 12 months. While the company’s value saw major dips in both March and October 2020, the shares have rebounded 24% in the last six months. Simply click below to discover how you can take advantage of this. Here’s what I’d do about the BP share price right now The onset of the Covid-19 pandemic was the primary cause of the first dip, while further lockdown restrictions coming last autumn also contributed to that second fall.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, rising oil prices now appear to be driving the BP share price higher. How likely is this rise to continue though? Here’s what I think.Oil pricesWith oil prices falling to bargain basement prices during 2020, the profits of large oil producers such as BP took a hit. That came as demand for oil plummeted due to restrictions on large sections of global economies.The company said it made a loss of $5.7bn when it posted its annual earnings report last month. That was even wider than the $4.8bn analysts had expected.That comes in stark contrast to the $10bn profit it made in 2019. That’s a significant change in fortunes and one that BP will be desperate to turn around as soon as possible.I think the events of the last year will accelerate BP’s move to diversify its energy sources. Some industry observers even think that we may have reached peak oil, and the UK’s push to become carbon neutral by 2050 means renewables will become increasingly important.BP has already promised major cuts to its oil and gas production by 2030. It will divert that investment towards its target of building renewable energy capacity of 50 gigawatts by that time.While those targets will be challenging no doubt, BP can count on heavyweight resources and decades of energy expertise to help it meet its goals.Another reason I think BP might be a good addition to my portfolio is the fact that it pays out a healthy dividend to shareholders. Based on its current share price of 315p, the company’s dividend yield sits at 6.3%. That’s one of the highest payouts among FTSE 100 companies.Stalling dividend growthThere are also reasons to be bearish on BP shares however. The dividend I referred to previously is unlikely to see growth over the next 12 months at least, due to the underlying performance of the business. So with the effects of inflation, the payout may not be worth as much in a year’s time.Many investors prefer dividends to increase incrementally based on solid underlying performance.Another factor I think could weigh on BP shares in the long term is the level of competition within the renewable energy sector. There are plenty of relatively new companies in the UK that have been set up with a sole focus on renewable energy at their core.BP still has to manage its dependency on oil to strike a balance between profitability and its commitments to reducing emissions. With the competition in the renewables sector, there’s still uncertainty about how much of that market BP will be able to control. However I think these are issues that the experience and expertise of BP within the energy sector should help it override. As a result, I see BP shares as a ‘buy’ right now. See all posts by Conor Coyle
ArchDaily Year: Photographs: José Maria OliveiraText description provided by the architects. This project is located on a plot of land of some interest in a place called Lugar da Ribeira da Praia. We started from an unusual context, as this plot housed some ruins at a higher location, naturally kept apart from the surrounding lower agglomerate with which it apparently dialogues and which we then designated as “village”.Save this picture!© José Maria OliveiraRecommended ProductsWindowsStudcoSteel Window Reveal – EzyRevealEnclosures / Double Skin FacadesFranken-SchotterFacade System – LINEAFiber Cements / CementsApavisaTiles – Nanofusion 7.0Fiber Cements / CementsEQUITONEFiber Cement Facade Panel NaturaThe project’s idea is to “fill” the physical emptiness existing in these ruins by constructing two related modules that overlap each other and are similar to one another material-wise, but that differ in their limits, making evident the construction principle based on the loose and mismatched stone of the ruins and its surrounding walls.Save this picture!© José Maria OliveiraMaintenance of the ruins’ external walls allowed for keeping its identity and the local’s memory as well as to stress the present and evolution of concepts and languages prone to the human experience.Save this picture!© José Maria OliveiraThe high limits of the ruins upon which the stone and blackness of the exterior panels of the house were set limit the simple and functional white interior that radiates light and brings life into its interior.Save this picture!© José Maria OliveiraA privileged view over Vale da Ribeira and the ocean, its sunny location and the environmental and landscaped components are what makes this construction respond to a significant amount of elements that together create is sustainability, via use of solar energy, rain waters for watering and reservoir filling and for an acoustic and thermally-controlled construction.Save this picture!Section 01SectionProject gallerySee allShow lessPeabody’s St John’s Hill Estate / Hawkins\BrownArticles2012 RIBA Lubetkin Prize ShortlistArticles Share Photographs N2X035 HOUSE / [N2X] Arquitectos “COPY” Architects: [N2X] Arquitectos Area Area of this architecture project Houses N2X035 HOUSE / [N2X] ArquitectosSave this projectSaveN2X035 HOUSE / [N2X] Arquitectos Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/258383/n2x035-house-n2x-arquitectos Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/258383/n2x035-house-n2x-arquitectos Clipboard CopyHouses•Portugal “COPY” Portugal Area: 156 m² Year Completion year of this architecture project 2012 Save this picture!© José Maria Oliveira+ 19 Share CopyAbout this office[N2X] ArquitectosOfficeFollowProductsStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesPortugalPublished on July 31, 2012Cite: “N2X035 HOUSE / [N2X] Arquitectos” 31 Jul 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogShowershansgroheShower MixersVinyl Walls3MVinyl Finish – DI-NOC™ Abrasion ResistantPartitionsSkyfoldIntegrating Operable Walls in a SpaceLightsVibiaLamps – NorthCultural / PatrimonialIsland Exterior FabricatorsSeptember 11th Memorial Museum Envelope SystemSkylightsVELUX CommercialAtrium Longlight, DZNE GermanyHanging LampsLouis PoulsenLamp – PH ArtichokeTiles / Mosaic / GresiteHisbalitMosaic Tiles – TexturasAcousticMetawellAluminum Panels – Acoustic SailsMineral / Organic PaintsKEIMTiO2-free Mineral Paint – Soldalit®-ArteWall / Ceiling LightsA-LightWall Grazer Concealed LightsDoorsBuster and PunchDoor Hardware – Pull BarMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站？想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream
About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 13 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 14 July 2002 | News Which big company/corporation has done most to help ease the rural crisis? And which has done the least? Rural journalist Johann Tasker wants to know for a magazine article. He says “you may consider any big company which has donated money to a worthy rural cause or helped the countryside in some other way.”Rural charities and related organisations can pass on their praise or negative criticism to Johann Tasker. Advertisement Companies helping the rural crisis? AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
The Rank Group Plc has chosen Marie Curie Cancer Care as its first cross-brand charity of the year partner. The company, which owns Mecca Bingo, meccabingo.com, Blue Square, G Casinos, and Rank Interactive, has set a fundraising target of £200,000 for the year.More than 8,000 staff at Rank’s support offices, 103 Mecca Bingo clubs, and 10 G Casinos across the UK will be taking part in the campaign.They will be holding events and volunteering as collectors for Marie Curie Cancer Care’s Great Daffodil Appeal in March, and taking part in the charity’s Blooming Great Tea Party campaign in June and July, as well organising their own challenges.Ian Burke, Chief Executive of the Rank Group, said: “Our employees and customers have set a great example through the work they have undertaken with Whizz-Kidz in 2008/9 and I have every confidence that we will exceed our 2010 fundraising target for Marie Curie.”www.mariecurie.org.uk Tagged with: corporate 41 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Rank Group plc begins its first cross-brand charity of the year partnership AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 12 February 2010 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
From the belly of the imperialist beast, the members of Partido Mundo Obrero/Workers World Party send a strong shout-out of solidarity with the Borincano people, who are facing the devastating consequences of the powerful Hurricane Maria.This hurricane is the most powerful and dangerous to strike Puerto Rico since Hurricane San Felipe in 1928. An Atlantic storm rated Category 5 on the Saffir-Simpson scale, that one caused 300 deaths.Maria arrives at the archipelago during the worst political and social moments in the history of that nation.With great pain we have witnessed scenes of floods and catastrophes that occurred within a few days after Hurricane Irma hit the island. Entire neighborhoods have been under water and dangerous electrical cables have fallen, endangering the life of anyone who touches the electrified waters. Buildings have broken windows and doors, their roofs are blown off, and there is massive destruction that has not yet been registered given the lack of communications.The deprivation of electrical service, with its consequent impact on all areas that depend on electricity, such as running water and refrigeration of food as well as the environment, is so important in a subtropical land where temperatures have exceeded 90 degrees Fahrenheit in the last few days.We embrace and sympathize with every Puerto Rican, within or beyond the island’s borders, who make up that nation and are separated only by the cruelty of the Empire’s colonizing process. We share the anguish of those families who try to find out about the situation of their loved ones in the archipelago but live in torment waiting for news because of the lack of communication.Increasing this misforture is the process of privatizing some sectors, such as communications, which are so essential at the moment. Privatization never benefits the people; on the contrary. An example is the telephone network, now in the hands of a company called Claro, which can’t run without electric service, leaving the people incommunicado. This contrasts with the state-run Telefónica de Puerto Rico, which had emergency generators during Hurricane Hugo in 1989 and demonstrated that communications could be maintained without the main electrical grid.From here in the U.S., we will help all we can to alleviate the enormous burden imposed by nature and by the hands of criminals on Wall Street and in the governments — both of Puerto Rico, which is in collusion with the criminal Board of Fiscal Control illegally imposed by the U.S. Congress, as well as by the current fascist-like resident in the White House.Our strongest supportive embrace for the Puerto Rican people.From the cruel and murderous empire,Berta Joubert-Ceci and Teresa GutiérrezFor the National Committee of Workers World Party/Partido Mundo ObreroFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this