Saturday 11 February 2017 9:36 am Share whatsapp But Londoners will be hard-pressed to expect anything more than a few flurries after snow alerts over the past month have proved disappointing.In its statement today, the Met said this morning’s snow is likely to turn to rain throughout the day.It added: “Some small accumulations are possible across the warning area however many parts will see little or no cover, and where it does settle it is likely to melt through Saturday.” Courtney Goldsmith Early this morning, the Met Office updated its yellow warning for London and the South East, saying the areas could still see accumulations of two to three centimetres of snow throughout the day. whatsapp Last night, the Met Office warned the City could get as much as an inch of snow during the evening rush hour.However, things weren’t quite that drastic on the ground.Some Londoners questioned whether what fell from the sky could actually be classed as snow at all. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeArticles VallyFind Out What Happened To The World’s First Surviving SeptupletsArticles VallyHealth.recetasget10 Disturbing Things Your Nails Reveal About Your HealthHealth.recetasgetZoneIn CBDUnlock the Key to a Balanced Mind and Body.ZoneIn CBDManuka FeedThis is What Happens to Your Body if You Eat Ginger Every DayManuka Feedanymuscle.com15 Symptoms of Diabetes You Shouldn’t Ignoreanymuscle.comMortgage After LifeHow Amal Clooney Looks Without Makeup Is Tough To HandleMortgage After LifeSportinal20+ Olympic Athletes And How They Look NowSportinalBuzzDestination7 Clever Things To Do When He Doesn’t Text Back For DaysBuzzDestinationYour Health CareHow soaking your feet in vinegar water can help you healYour Health Care Others mocked the City’s habit of overreacting.https://twitter.com/MadonnaEffect/status/830095106376073217One snowflake fallsThe UK #uksnow pic.twitter.com/uO0OBUdT3j— caity ? (@longlostlesbian) February 10, 2017Foreigners had quite different takes on the snow… More like dandruff: These are the best tweets about London’s snow flurries And some were just thankful the trains were still running.It’s snowing in London and the overground is still running. What magic is this? #londonsnow— Simone Hill (@gothinisity) February 11, 2017Will there be more snow today?
Share Japanese economy grows one per cent, helped by weaker yen whatsapp Japan’s GDP grew at an annualised rate of one per cent in the final quarter of 2016, falling slightly short of analysts’ expectations.Growth between the third and fourth quarters fell to 0.2 per cent, the slowest pace in the year and down from the 0.6 per cent growth rate achieved in the first three months of 2016. Investment in Japanese businesses and a boost from government spending are said to have added 0.6 percentage points and 0.3 percentage points to the overall figure respectively.Read more: Nikkei boosted to 2016 high as Bank of Japan holds ratesA Reuters poll of economists had anticipated growth of 1.1 per cent for the fourth quarter, but data suggested consumption had remained stagnant, with the country heavily reliant on foreign earnings.Despite the slightly lower-than-expected results, analysts have suggested that today’s preliminary data from the Japanese government shows that Shinzo Abe’s economic reform programme, known as “Abenomics”, is helping to boost demand. Japan’s economy grew by 1.2 per cent in 2015.Japan’s current account surplus reached a nine year high last year, up by 25 per cent the year before, indicating strong performance from the overseas operations of Japanese companies. Read more: Japan PM hits back at Trump currency manipulation claimsThe yen has fallen in value against the dollar since Donald Trump’s election victory in November last year, leading Trump to accuse Shinzo Abe and his officials of deliberately manipulating the yen to weaken it against the dollar, a claim the Japanese government strongly denies.Abe presented Donald Trump with a package of measures to help US-Japanese trade during his visit to the White House last week. Their meeting has been widely interpreted as a warming in relations and a return to more traditional US diplomacy, with none of the rhetoric of Trump’s campaign surfacing during the two-day visit.The yen initially tracked down against the dollar on Monday, trading at ¥114.1. whatsapp Monday 13 February 2017 10:32 am More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative 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.org Ashley Coates
Catherine Neilan Two years after the EU referendum, and for many little seems to have changed. By and large, voters still hold the same view they did on 23 June 2016 – although a YouGov study published over the weekend shows a slight tipping in favour of Remain, with thousands of people marching in Londondemanding for a people’s vote on the final deal.Even for those who backed Brexit, the last two years have been challenging. The former campaign director of Vote Leave, Dominic Cummings, breaks with his semi-reclusion occasionally to pen vitriolic essays about the government’s mishandling of the process, labelling Whitehall’s efforts as “irretrievably botched” or focusing on “delusional arguments”. Share He cites the to-and-fro over the customs debate as a “classic example” – but one which is “baffling” to him and his colleagues.“We are all just baffled – we don’t understand why the government is incapable of moving forward on anything,” Singham says.David Henig, director at think tank the European Centre for International Political Economy (ECIPE) and former civil servant, is similarly brutal in his assessment of how far we have come in the last two years.“We don’t have any certainty for businesses about their trade relations. There is no sensible post-March plan for trade agreements. It doesn’t add up to much.”One of his main criticisms is the government’s “obsessive secrecy”, which trickles down fromTheresa May, meaning businesses can’t begin to start planning for one of two “diametrically opposed” plans – either a limited deal with the EU “and sailing the seven seas, or a big deal with the EU and not sailing the seven seas”. With a more open Prime Minister there would be more chance of people coming together around a particular plan – even if it meant making their peace with something they didn’t totally agree with. “That’s what is missing here,” he says. whatsapp whatsapp He fears come December the government will be “in crisis mode, frantically trying to pull together a deal – not quite as bad as Greece, but along those lines”.Ultimately the decision will come down to Ireland, Henig claims. “On their own, the Treasury and Beis [Business department] will have lost their argument but they are quite aware of the fact they can’t solve the issue with the Irish border and are playing it up. If it wasn’t for Ireland you wouldn’t have had this [delay],” he adds.Sam Lowe, research fellow at the Centre for European Reform, agrees – claiming there is “no coherent vision” of what the UK sees as its future relationship with the EU, exacerbated by the factional divisions in Cabinet.Global Britain is “not a very good economic strategy”, because it relies on a nostalgic memory of the legacies afforded to a former empire, Lowe says. “But the world has moved on. We are going to be a medium-sized player, stuck between the EU and the US… we will never be the ones who set the terms of debate. For some, that will come as a surprise.”He believes some of May’s red lines are “turning pink” which he thinks could tip towards a partial Single Market membership for goods, and believes the government would like parliament to “force its hand” into staying in the customs union “because then Theresa May wouldn’t have to make a decision and be seen to betray someone”.He rejects the idea that there has been a breakthrough on the Brexiters’ preferred ‘max fac’ solution to the customs union impasse, and sees little chance of a solution to the Irish border backstop given the DUP’s rejection of Michel Barnier’s argument that Northern Ireland be hived off, and the fact the UK’s position would lead to “a closer relationship if the two sides walked away from negotiations than either wants”.This could result in May using the whole debate to request an option to extend the transition period. Lowe claims officials on both sides admit the period currently agreed, which runs until December 2020, isn’t long enough, and that “some kind of implementation period 2.0” will be required. But that won’t be the end of it.“At some point, we will have to acknowledge that Brexit never ends,” he says, likely provoking groans around the country. “The EU is going to remain our closest and biggest partner, so we are going to be discussing this forever. The longer it goes on, the more natural it becomes but this is a component part of UK politics – from now until forever.” Brexit: Two years on, are we actually any closer to leaving? Others, however, are less confident. Brexit specialist at the Institute of Economic Affairs, Shanker Singham, who has been influential in shaping policy, says a change of strategy is needed.“We have to retake the initiative,” he says. “We have allowed the EU to drive the agenda so far. The only way for the UK to do that is put text on the negotiating table. The time for speeches and white papers is over.”The former Legatum Institute trade wonk argues that putting “regulatory chapters” in front of Brussels would get the cogs going for multiple reasons – not only because there would be something concrete the EU could work with, but also because it might help “divide” the member states which he believes would work to the UK’s advantage. It would also help on talks with other countries as it would give them “a set of signals” to start factoring in.But the “UK’s dithering” – which he agrees comes down in part to the Prime Minister’s pathological caution – means that right now Singham puts just a 50-50 chance on a successful conclusion within the time frame.“Frankly, the problem is this need to know exactly where you want to end up before you step into the negotiating room… A lot of decisions have to be made, not all of them will be perfect. It’s OK to make mistakes – you just have to make sure you have momentum.” Matthew Elliott, chief executive of the winning campaign, takes a more considered view. He believes the majority of progress will be made “in the final few weeks, if not days or hours”, dismissing any suggestion that not enough work has been done in the last two years.“It’s very easy to be an armchair general but you don’t have all the details,” he says.While Elliott has a few quibbles with some of the decisions that have been made over the last two years – in particular May’s decision to freeze out business voices prior to the election and her reluctance to give status guarantees to EU citizens – he sees no sign of wobbles over leaving the Single Market or customs union because of the knock-on effects it would have on the UK’s ability to sign trade deals with other countries.Much hangs on the government’s delayed Brexit white paper, as this will give both business and Brussels clarity about what the UK is actually seeking. But government also needs to spell out more clearly what a no deal scenario looks like. “It needs to be clear to the public and to Brussels that we are willing to walk away,” Elliott says. “It’s only through having that no deal scenario set out and prepared for that you can get the best possible deal for the UK.”For Elliott, everything comes down to the crunch weeks ahead of the European Council in October this year. “By that point government will have got all relevant legislation through, published a white paper, have a clear idea of what their stance is, have already discussed the money – then it’s just about what happens in the negotiation room.” Saturday 23 June 2018 2:44 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org
whatsapp whatsapp The KPMG survey showed 70 per cent of those polled thought a no-deal Brexit would lead to EU tariffs and price rises, 63 per cent thought it would cause delays at channel ports and 54 per cent thought it would lead to a further devaluation of the pound.Similar percentages of remainers and leavers thought a no-deal Brexit was now the most likely outcome.However, despite the perceived negative consequences of a no-deal Brexit, very few said they would change their vote in the event of another referendum.Eighty-nine per cent of leave voters said they would still vote leave and 93 per cent of remain voters said they would still vote remain. Dominic Raab says good deal ‘within our sights’ as no-deal Brexit documents released A majority of the UK public now think no-deal is the likeliest outcome of Brexit negotiations, according to a poll by City heavyweights KMPG published today.The survey of 3,044 members of the public commissioned by the audit and consultancy giant showed 54 per cent consider ‘no deal’ is the likeliest outcome of the Brexit negotiations, with just 20 per cent thinking this result was unlikely.Read more: Jeremy Wright outlines plans to protect UK broadcasting post-BrexitThe public also expect prices to rise in the event of a disorderly Brexit and plan to rein in their consumer spending.Seventy per cent thought prices would rise and 69 per cent said they would change their consumer behaviour after a no-deal Brexit, with 43 per cent saying they would cut spending on essentials while 48 per cent would cut luxury spending. Brexit secretary Dominc Raab will today insist that “a good deal is within our sights” as he releases the first tranche of the government’s no-deal planning documents.The publication of these technical notes comes as a new survey by City heavyweights KPMG suggests that no-deal Brexit would cause a dramatic contraction in consumer spending, with nearly half of Brits saying their outgoings would be cut if the UK left the EU without a deal. Speaking ahead of the publication of its no-deal documents, Raab said that while the government is hopeful of an agreement, “we must be ready to consider the alternative. We have a duty, as a responsible government, to plan for every eventuality.”He added that the documents “are a sensible, measured,and proportionate approach to minimising the impact of no deal on British firms, citizens,charities and public bodies”.It is understood that these papers will cover more than 80 areas, including financial services, food imports, oil and gas, passports, services and workplace rights.Read more: Dominic Raab ‘confident’ UK will reach deal with EU by OctoberForeign secretary Jeremy Hunt warned this week that a no-deal Brexit could imperil UK-EU relations, describing it as “one of the biggest threats to European unity”. Thursday 23 August 2018 10:53 am James Booth Share “The risk of a messy divorce, as opposed to the friendship we seek, would be a fissure in relations between European allies that would take a generation to heal — a geostrategic error for Europe at an extremely vulnerable time in our history,” he said.Speaking on Tuesday in Brussels the EU’s chief negotiator, Michel Barnier, said a no-deal would be the “most costly form of Brexit”.“We don’t want this option,” he added.Barnier said the problems a no-deal Brexit would cause have been underestimated.“On the first day of the first press conference I came before you as a negotiator, I said Brexit will have numerous consequences – human, social consequences, economic, financial, technical, legal – and I said that many people had underestimated those consequences.”
Tuesday 28 August 2018 5:22 pm Regardless of patchwork implementation by member states, the one weapon in the Blocking Statute’s arsenal that applies across the EU is the private right of businesses to sue for damages caused by another EU firm complying with US sanctions.Compliance with US sanctions will result in the cancellation of billions of euros in trade deals. EU businesses that would have been involved in those deals will lose out on the profits they would have made – and the Blocking Statute provides those businesses with a route to recover those losses.It will be the companies terminating contracts, withdrawing finance, or even just pulling the plug on potential deals that will have to pay damages, not the US.One added complication is the extent to which international law firms with US operations will be able to pursue such damages claims for EU clients. The US sanctions prohibit any action that would frustrate their purpose, which is arguably what the Blocking Statute damages claim is designed to do.For many businesses, it makes complete sense to toe the US line, but for others it will make more sense to use the Blocking Statute to recover losses. whatsapp The reimpositions of US sanctions against Iran may be designed to be aggressive while remaining a fair distance short of actual war, but violent battles may be about to commence in the European courts.The cause is a big difference in tone and intent between Washington and Brussels. “Anyone doing business with Iran will NOT be doing business with the United States”, says Donald Trump. Although it is only two years since US sanctions were relaxed by the Obama administration, EU-Iran trade deals already figure in the tens of billions.But in the two weeks since US Iran sanctions were re-imposed, major corporates as diverse as Peugeot, Maersk, Siemens, and Total have been quick to announce plans to sever their trade relations with Iran.Banks, insurers, IT providers and others will all withdraw support for Iran-related trade, inevitably causing deals to collapse across a wide range of industries. A contract to export French cows to Iran has already been scuppered by the withdrawal of bank funding.That pattern is likely to be repeated across the board, for the simple reason that businesses rightly perceive the risk and consequences of US enforcement to be far greater than any EU response. The US enforcement agencies are notoriously aggressive, but the Blocking Statute has never been enforced by the EU Commission.The risk of being cut off from all commercial and financial dealings with the US (meaning all US citizens and corporates) will be too great for most EU businesses. Share What remains to be seen is the extent to which the statute will be used by EU firms. If the economic stakes are significant enough, it is just possible that European courtrooms could be the battleground on which Iran redresses the balance after President Trump’s unilateral sanctions assault.Read more: Shares on Wall Street hit record highs as Trump announces Mexico trade deal The much more muted EU response, in support of Iran, has been the activation of a 20-year old “Blocking Statute”, which was originally designed to counter US sanctions against Cuba.Read more: Oil prices climb as Iran sanctions loomThe statute aims to prevent EU companies from complying with US-Iran sanctions, exposing them to damages claims by their trading partners.EU businesses will have to decide which regime to obey.Following the US lead could trigger multi-million euro corporate battles in the European courts. Marc Jones and Elaina Bailes The US sanctions against Iran could start a war in the European commercial courts whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.commoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersBetterBe20 Stunning Female AthletesBetterBe
whatsapp Share Tags: Private equity The taste of victory The past decade has been beleaguered by a revolving door of diet and fitness programmes, with crazes like clean eating, Atkins, and the Insanity workout all getting their brief 15 minutes of fame.When I ask the Grenade founders about the fad mentality that is rife in the sector, Juliet blames the way that programmes pigeon-hole themselves. “Low-carb brands like Atkins are too specific, so they can easily go out of fashion. But being a healthy snacking brand means different things to different people, so we have more chance to diversify.”In the early days, some people claimed that Grenade was only a gimmick. But the company has proved critics wrong, sealing two private equity deals in the past four years, and in 2017, it was valued at £72m. Its products are sold in 80 countries around the world, and it saw growth of 48 per cent in the 12 months ending June this year. Eventually the pair want their products to be as common as Cadburys chocolate – a feat which seems entirely plausible if recent growth is anything to go by.Alan suggests that a business is only really a fad when it focuses on just one tiny subdivision within fitness. “The only way that Grenade is going to go away is if consumers stop investing in their health, and that’s just not going to happen. People are more educated about health now. And it’s not about looking good, it’s about feeling good.”Psychological warfareThe founders frequently mention balance throughout the interview – a word which is becoming increasingly important in a world where people seem to fly towards extreme ends of the spectrum. Weapon of choice: How nutrition brand Grenade has exploded into the market Crucially, though, the aim was to create protein-filled bars and shakes that normal people would actually enjoy eating. “We knew that there are good ways to make compromises, without compromising on taste,” says Alan.“Protein bars have been around for 30 years, but the nice-tasting ones were full of sugar, and the low-sugar products tasted terrible. But why can’t it be good for you, and taste nice?”The pair spent two years working with nutritionists and suppliers to make their protein bars taste better (they rejected over 40 batches of Carb Killa bars until they got to the first product they were happy with), and Alan says that this has set the benchmark for their competitors.While it’s now commonplace to see nutrition bars being sold in grocery shops, it’s a trend that has only really emerged in the past few years.The Grenade founders saw huge demand for healthy snacks in America, and they were at the forefront when this trend came to the UK. “We knew everything was moving towards being on-the-go,” says Juliet. “But protein has also become a lot more normalised, especially over the past two years.”Another day another diet whatsapp Grenade is the kind of brand that just appears out of nowhere – you blink and suddenly the products are a staple stock in shops around the country.For those who have somehow missed the craze, Grenade is a food company specialising in healthy snacks – and now you’ve heard the name, you’ll probably start seeing the logo everywhere. Founded by married couple Alan and Juliet Barratt, the company started out as a sports supplement brand in 2010 for people hoping to be strong and lean – think track and field athletes, as opposed to gym-bunny, body-builder types.But as Alan (who has worked in the sports nutrition industry for 28 years) explains, once Grenade supplements had hit number one on best-selling lists, there was nowhere else to go in that market, so they decided to branch out. “The products were being sold at specialist retailers like Holland & Barrett, but we wanted something that we could sell in convenience stores.”The idea was to take the technology that Grenade had perfected on Olympic athletes and military personnel, and transition it – targeting people who don’t necessarily obsess about going to the gym, but who want to eat better, consume more protein, and less sugar.Now that Grenade has moved into the much larger food and beverage sector, it’s reaching a far wider group of health-conscious consumers. Monday 12 November 2018 7:00 am And while there is plenty of debate about exercise obsession and extreme weight loss, the couple stress that their company is about bringing healthy eating into the mainstream.Juliet explains that Grenade looks to educate people, helping them understand how protein fits into a healthy diet, and why it’s beneficial.“We have a credible team of athletes, and we’ve got nutritionists on board as well – it’s all about the sources of whey protein, and how it helps you recover and feel stronger. There is a misconception that protein makes you massive, which needs to be broken down.”While Grenade can’t force people to have a balanced diet, the company is giving consumers more choice – feeding on the psychology of snacking.While it might be healthier to eat a carrot than a chocolate bar, few of us will regularly pick up the former, and Grenade is giving customers the option of something that sits in between (a fudge brownie Carb Killa bar will cost you around £2.50). “We are not trying to get people to change their lives, we are trying to give them a slightly healthier alternative to their everyday drink or snack,” says Juliet.And it’s clearly an option that many consumers are taking up, with 80 per cent of the growth from the UK healthy snacking sector coming from Grenade last year. “You need two things to make business huge: demand and availability – and if you’ve only got one, it doesn’t work,” says Alan.Marriage materialWhen I ask how the couple managed to stay happily married while enduring the stress that comes with building a business, Juliet explains that they have clearly defined roles: Alan is the company’s chief executive, while she focuses on the marketing side of the business.“It’s a combination of the best and the worst,” she says. “We’ve both got the same values, work ethic, and that trust is there. But the worst part is that there is no break, so work tends to spill into home. We haven’t got kids though, so Grenade is our baby.”The pair certainly seem to complement each other, often expanding on or clarifying a point that the other has made. And what Alan, Juliet, and most entrepreneurs have in common is eccentricity – a refusal to fit into a neat little box or to follow the herd.“Conventional people would look at someone like me and think that they’re just being stubborn,” says Alan. “But we refuse to accept what other people think is acceptable.” Katherine Denham by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastScientific MirrorLily From The AT&T Ads Is Causing A Stir For One ReasonScientific MirrorMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comInvestment GuruRemember Cote De Pablo? 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by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoFinancial 10NHL Player’s Wife Is Hands Down The Most Beautiful Woman In The WorldFinancial 10UndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndoMoney CougarLily From The AT&T Ads Is Causing A Stir For One ReasonMoney CougarUndoGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyUndo whatsapp Graeme Leach What does the economy want for Christmas?The answer is what it always wants, but rarely gets: more economic freedom. whatsapp Opinion Economic freedom is actually two presents, not one. To make this Christmas one to remember, the economy wants to unwrap both public and private sector freedom.Public sector freedom comes in the form of a smaller state as measured by taxation, public spending, and regulation. Private sector freedom means increased competition, the stronger entry and exit of firms, less market concentration, and reduced monopoly power.Every year the economy asks for a smaller state, but unfortunately Santa has become a “big state” man.The queue for his grotto is full of politicians who want to sit on his knee and whisper how kind it would be to increase the size of the government. So as far as Santa is concerned, all anybody should want for Christmas is a bigger government.Exasperated, the economy has come up with a different letter to Santa this year. It doesn’t just ask for a smaller state, it also points out that there is very strong economic evidence of a negative trade-off between the size of the state and economic growth. In fact, recent research suggests that if the size of the state is reduced by 10 percentage points of GDP, the GDP growth rate is likely to accelerate by 0.5 to one percentage points.The economy hopes that this approach will appeal to Santa, but unfortunately the progressive elves who advise him on such matters have a nasty habit of tearing up any letters from the free market.But the free market shouldn’t be disheartened. Anybody who can coordinate all those reindeer – and all those presents – is not daft. And as Santa flies his sleigh across the globe, he’s noticed that the economies with the most freedom send the biggest Christmas presents. They’re also the ones most able to help those with the least resources.Santa can see with his own eyes the blessings from economic freedom, and yet the politicians still sit on his knee and tell him the opposite.All is not lost though. Santa has noticed that, as the state has got bigger, the reindeer and elves have become far less efficient in certain countries. The Singapore elves are outstanding. The French and Italian ones, not so much. Tags: Brexit Dear Santa, all we want for Christmas is more freedom – sincerely, the economy Thursday 20 December 2018 8:33 am Share Santa has also known for a while that when the reindeer turn north from South Korea, they get lost because there are no lights to guide them at night outside of Pyongyang.Even the reindeer comment that the difference between north and south of the 38th parallel must have something to do with economic freedom, and if that is such an important issue, why do western politicians not see it?The worst part of Christmas for Santa is when he’s in his grotto with politicians sitting on one knee and big business on the other. Big business hates competition and loves to be protected.But this year, Santa has had enough. To make a point, he’s going to give one country the opportunity to reduce the size of the state and increase competition. That present is called Brexit, and if Santa can sort out his “Remainer” elves, Christmas might be a tad late, but it will certainly be here by 29 March next year. City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M.
Read more: Rail fares rise by 3.1 per cent as commuters stage protests at train stations across the UKThe company said it has been pushed into upping its prices as the money it owes to the government each week has increased over the last half-decade.A spokesperson said prices were going up as c2c’s car parks are less expensive than others in the areas.“We believe c2c’s car park prices offer good value compared with local alternatives and the price of parking at other stations within Essex,” the company said.“The money from car park charges is funding our payments back to the government, which we have increased to record levels and are now over £1m more every week compared with five years ago.” Tags: Trading Archive whatsapp whatsapp City workers will face increased charges for leaving their cars at stations in Essex, in a second blow to commuters after fares were put up earlier this year.Operator c2c said it was increasing charges by 40p for daily tickets, with annual passes rising by up to £71. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com August Graham Share Commuters leaving their cars at Purfleet, Dagenham Dock and Rainham will now pay £5.80 for a daily pass, while the price of an annual ticket increases £58 to £891.Meanwhile, prices in Shoeburyness, Westcliff, Leigh-on-Sea and Stanford-le-Hope will be pressed up to £6.30 while annual tickets rise £61 to £981. Pitsea and Ockendon will rise to £6.40, with annual passes at £997, a £61 increase.Read more: Revealed: The train operator facing 1m compensation claimsThose in Laindon and West Horndon will pay £63 more a year to £1,090, while daily tickets rise to £7.20. Thorpe Bay, Grays and Chafford Hundred commuters face daily charges of £7.10, while annual passes will cost £1,075, a £63 increase. Upminster parking now costs £8.90 per day, or £1,336 per year, a £71 rise.The rises will add to commuters’ woes after rail fares went up by 3.1 per cent at the start of the year, adding over £100 to many season tickets. Friday 11 January 2019 12:12 pm City commuters face paying an extra £71 in parking charges at key Essex stations
Monday 14 January 2019 11:27 am Owen Bennett Share EU repeats it does not want to use Brexit backstop in letter designed to help May win crunch vote More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Read more: No Brexit is more likely than no deal, says PMThe pair agree the backstop – which would see the UK following EU rules and regulations in order to prevent a hard border with Ireland – would not be a permanent arrangement after Brexit. It would only come into force if a trade deal was not ready to be signed by the time the transition period ends in December 2020 – although that period could be extended by a year. whatsapp The letter does not offer an end date for the backstop or the option for the UK to leave the arrangement unilaterally – measures called for by Brexiter Tories who fear being locked in to the proposal.However, Tusk and Juncker claimed the promise to ensure the backstop is temporary does have “legal value”, as they were part of the conclusions of December’s European Council.May will be hoping the letter offers enough assurances to those opposed to her deal to switch position and back it come the vote tomorrow evening.The letter reads: “As you know, we are not in a position to agree to anything that changes or is inconsistent with the Withdrawal Agreement, but against this background, and in order to facilitate the next steps of the process, we are happy to confirm, on behalf of the two EU Institutions we represent, our understanding of the following points within our respective fields of responsibility.”Read more: MPs plot to wrestle Brexit away from Theresa May whatsapp Tags: Brexit Donald Tusk Jean-Claude Juncker People Theresa May EU leaders have released a letter reiterating the so-called backstop plan would only ever be temporary after Brexit, but have refused to reopen negotiations to amend the proposal in the withdrawal deal.European Commission president Jean-Claude Juncker and European Council president Donald Tusk gave the assurances in a letter published a day before MPs vote on Theresa May’s deal. It goes on: “If the backstop were nevertheless to be triggered, it would only apply temporarily, unless and until it is superseded by a subsequent agreement that ensures that a hard border is avoided, and that the European Union, in such a case, would use its best endeavours to negotiate and conclude expeditiously a subsequent agreement that would replace the backstop, and would expect the same of the United Kingdom, so that the backstop would only be in place for as long as strictly necessary.”Labour’s shadow Brexit secretary, Sir Keir Starmer, accused May of failing to deliver on her promises, and said: “This is a long way from the significant and legally effective commitment the Prime Minister promised last month. It is a reiteration of the EU’s existing position. Once again, nothing has changed.” Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoScientific MirrorLily From The AT&T Ads Is Causing A Stir For One ReasonScientific MirrorUndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyUndo
Digital bank Monzo will launch its first business accounts today, as the loss-making challenger attempts to find a more efficient way to generate revenue.The bank will open a waitlist, initially accepting only the first 100 applicants into beta testing. Monzo said it hopes to fully launch accounts for small businesses by the end of 2019. Share whatsapp Sunday 10 February 2019 11:59 pm Emily Nicolle whatsapp It is currently awaiting the outcome of allocations from the £775m RBS Remedies Fund, of which Monzo is shortlisted to win a slice.The bank reported a £33.1m loss in 2017, but business account sizes could allow it to grow its revenues substantially. Fintech banks such as Monzo have been focused on getting customers to put salaries into their account each month, in order to generate increased revenue by being able to lend out larger sums. Read more: Digital bank Monzo in discussion with Post Office over cash services dealChief executive Tom Blomfield called the current business banking system “broken”, adding that companies find it takes too long to open accounts and understand the complex fee systems set by banks.Though Monzo’s personal current accounts come with no fees, the Sunday Times reported that users of the business account will face a small charge. Monzo raised more than £100m in a large funding round late last year, and is valued at over £1bn. 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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Monzo to roll out business bank accounts in revenue shake-up Tags: FinTech Startups