whatsapp “Better news on unemployment and hiring will meanwhile help bolster confidence in the economy’s resilience as the UK heads closer to invoking Article 50, but the combination of record employment and falling pay growth remains a major concern.”The slow wage growth despite a tight labour market could vindicate the Bank of England’s analysis of the economy, according to Chris Hare, an economist at Investec.Read more: No Brexit effect as UK wages grow at fastest rate since September 2015He said: “Today’s labour market data presented somewhat of a mixed bag.” Wednesday 15 March 2017 12:24 pm whatsapp Unemployment in hit its lowest level since 1975 in the three months to January while the rate of working-age adults employed stayed at record highs.However, weaker wage growth at a time inflation is rising has given economists – and sterling – pause for thought. Nina Skero, managing economist at the Centre for Economics and Business Research (CEBR), said: “One reason for this may be weak productivity growth – an issue that is unlikely to be resolved anytime soon despite increased government attention.”The Bank of England lowered its equilibrium rate of unemployment – the difficult to measure level at which wage demands will not accelerate – from five per cent to 4.5 per cent at its last monetary policy meeting.The size of the move, which implies there is more slack in the labour market and, therefore, that the Bank does not need to raise interest rates, was opposed by some members of the Monetary Policy Committee (MPC).Read more: Britons’ inflation expectations have hit their highest levels since 2013Hare said: “Because of the soft wage picture, and the prospect of a real income squeeze driving an economic slowdown, the MPC will be keen to stand pat on monetary policy for the time being.” The government was cock-a-hoop. Damian Hinds, minister for employment said he was “delighted”, describing it as “good news for hardworking families across the UK as we continue to build a country that works for everyone.”Read more: Unemployment in the UK has fallen to its lowest level since 1975Independent analysts were more circumspect:Chris Williamson, chief business economist at IHS Markit, said: “Signs of UK wage growth cooling add to warning shots that the economy is slowing, and suggest that policymakers will take an increasing dovish stance in coming months. At face value, given the strength of the employment numbers, the extent of the slowdown in wage growth appears puzzling. Rejoice? Unemployment hits its lowest since 1975 – but the experts aren’t so happy Share We need to unlock the productive potential of all UK nations and regions by pursuing a meaningful, regionally-focused industrial strategy, with clear priorities and targets, that delivers opportunity and prosperity for all. Indeed, the labour market is showing few signs of slowing down. John Hawksworth, chief economist at PwC, said: “The momentum of jobs growth actually looks somewhat stronger now than a few months ago, while the unemployment rate fell to 4.7 per cent, its lowest level since 1975. For the moment, the jobs market remains in fine fettle.”Business groups were not as positive, with concerns over the decline in spending power as wages only just stay ahead of price increases.Rachel Smith, CBI principal labour market economist, said: “Real pay growth is now at the slowest rate for two years, underlining the importance of increasing productivity, which remains the only sustainable route to higher wages, and therefore living standards. Jasper Jolly Read more: Consumer-led growth is unsustainable says Sir Charlie BeanSuren Thiru, head of economics at the British Chambers of Commerce (BCC), said: “It appears increasingly likely that inflation will outstrip earnings growth in the coming months, which will put further pressure on consumer’s spending power.“With Article 50 set to be triggered shortly, it is vital that more is done to provide greater clarity and stability for firms, including certainty on the residence rights of their existing EU workers, and clarity on the regime for hiring from EU countries during the negotiation period.” read more

Labour MP Luciana Berger slammed Corbyn on Twitter, writing: “The video released today of the leader of Labour making inexcusable comments – defended by a party spokesman – makes me as a proud British Jew feel unwelcome in my own party. I’ve lived in Britain all my life and I don’t need any lessons in history/irony.” The head of external affairs at Jewish education and training institution World ORT, Marcus Dysch, added: “Unambiguous antisemitic hate from Corbyn, a terrorist-sympathising, purge-orchestrating, fear-mongering, unaccountable, piece of work who should never have been allowed to lead a once-great party. Is it any wonder British Jews despair as this saga drags on?” Chair of the Jewish Leadership Council Jonathan Goldstein also had choice words for the Labour leader. “So Jeremy Corbyn believes that British Zionists (for which read Jews) do not possess normal British characteristics,” he tweeted. “The only thing ‘un- British’ are Mr Corbyn’s views. His politics do not reflect the tolerance, fairness and inclusivity from which we have all benefitted.”A Labour spokesperson said: “Jeremy is totally opposed to all forms of antisemitism and is determined to drive it out from society. At this event, he was referring to a group of pro-Israel activists misunderstanding and then criticising the Palestinian ambassador for a speech at a separate event about the occupation of the West Bank.” Share Friday 24 August 2018 12:08 pm The antisemitism row engulfing Labour took another turn after a video emerged of Labour leader Jeremy Corbyn saying certain Zionists had “no sense of English irony”. The video, which was published by the Daily Mail yesterday, shows comments Corbyn made at a 2013 conference that was reportedly promoted by Hamas’ website.  whatsapp Josh Mines Jeremy Corbyn faces backlash over comments about UK Zionists whatsapp This was dutifully recorded by the, thankfully silent, Zionists who were in the audience on that occasion, and then came up and berated him afterwards for what he had said. They clearly have two problems. One is they don’t want to study history, and secondly, having lived in this country for a very long time, probably all their lives, they don’t understand English irony either.They needed two lessons, which we could perhaps help them with. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.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.org Referring to a speech in parliament by Palestinian ambassador Manuel Hassassian on the history of Palestine, Corbyn said a group of Zionists surrounded the speaker and “berated” him afterwards. In the video, Corbyn says:  read more

Catherine Neilan Thursday 6 September 2018 9:25 am whatsapp whatsapp “Does the so-called “Senior Administration Official” really exist, or is it just the Failing New York Times with another phony source?,” he said. “If the GUTLESS anonymous person does indeed exist, the Times must, for National Security purposes, turn him/her over to government at once!”This was followed up some hours later with: “I’m draining the Swamp, and the Swamp is trying to fight back. Don’t worry, we will win!”The NYT has said it knows the identity of the official but is not making that information public. “Many of the senior officials in his own administration are working diligently from within to frustrate parts of his agenda and his worst inclinations,” the author wrote. “We believe our first duty is to this country, and the president continues to act in a manner that is detrimental to the health of our republic.” Treason? Trump demands NYT hand over author of critical article US President Donald Trump has demanded the New York Times turn over an anonymous White House official who penned an article claiming staffers were behind a “quiet resistance” to his “detrimental” actions. In a series of late-night tweets the President blasted the “failing” newspaper, accused it of “treason” and called for the individual to be handed over.  The official claimed that there had been “whispers” among Cabinet members of invoking the 25th amendment to replace the president but “no one wanted a constitutional crisis . . . so we will do what we can to steer the administration in the right direction”.The 25th amendment allows for the removal of the President on the ground of incapacity.“Many Trump appointees have vowed to do what we can to preserve our democratic institutions while thwarting Mr Trump’s more misguided impulses until he is out of office,” the author added, saying the root cause was “the president’s amorality”.  “It may be cold comfort in this chaotic era, but Americans should know that there are adults in the room. We fully recognise what is happening. And we are trying to do what’s right even when Donald Trump won’t.”Yesterday Trump and his closest staff fought off claims in a new book by Watergate reporter Bob Woodward, which details an incident in which an official took documents off the president’s desk “to protect national security”. Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersWTFactsHe Used To Be Handsome In 81s Now It’s Hard To Look At HimWTFactsTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBetterBe20 Stunning Female AthletesBetterBeCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverst read more

Jessica Clark Businesses lack information for post-Brexit planning, research says whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoPost FunDiana’s Butler Explains Why Harry Is With MeghanPost FunUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoBetterBe20 Stunning Female AthletesBetterBeUndoCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstUndo Read more: European Investment Bank considering capital increaseThe Labour Market Outlook report said 44 per cent of companies have not taken any action related to the workforce yet, and only 29 per cent of UK businesses are confident about the information they have.Adecco Group UK and Ireland head Alex Fleming said: “Our tracker shows that post-Brexit recruitment planning is coming to a standstill because businesses don’t have enough information to make informed plans.“It is still yet to be seen whether the government’s recent Brexit strategy white paper will create an uplift in certainty.“We suggest that businesses take the initiative now, and start planning for a variety of Brexit outcomes.” Share London was the third most confident region in terms of planning for Brexit with 33 per cent of businesses in the capital indicating that they have enough information to plan for leaving the European Union.Organisations in the Midlands had the most confidence overall, at 35 per cent, followed by the south of England with 34 per cent.Fleming continued: “Those organisations that openly talk about Brexit to their workforce are better placed to understand the make-up of their teams, and areas that might be of concern after the UK leaves the EU.”Read more: Sterling rises as Barnier sounds positive notes on Brexit Monday 10 September 2018 8:54 am whatsapp Post-Brexit recruitment strategy planning is “at a standstill” as businesses do not have enough information to draw up proposals, according to new data.More than half of UK businesses said they cannot make post-Brexit recruitment strategy decisions based on the information currently available, research by staffing agency Adecco and human resources body CIPD found. read more

first_img Share Foreign secretary Jeremy Hunt sparks row after comparing EU to Soviet Union ‘prison’ whatsapp The foreign secretary sparked a diplomatic row last night after comparing the European Union to a Soviet Union “prison”. Sunday 30 September 2018 6:53 pm Speaking at the Conservative Party Conference in Birmingham, Jeremy Hunt scolded Brussels for its treatment of Prime Minister Theresa May, saying the “arrogance” of the EU meant he would vote Leave if the referendum were now, despite having supported Remain in 2016.”The lesson from history is clear: if you turn the EU club into a prison, the desire to get out won’t diminish it will grow – and we won’t be the only prisoner that will want to escape,” Hunt told the audience.His comments were picked up by the Latvian ambassador to the UK, who tweeted: “Soviets killed, deported, exiled and imprisoned 100 thousands of Latvia’s inhabitants after the illegal occupation in 1940, and ruined lives of 3 generations, while the EU has brought prosperity, equality, growth, respect.”They were joined by Simon Fraser and Peter Ricketts, both of whom served as permanent secretaries of the Foreign and Commonwealth Office. In tweets, they described Hunt’s comments as “rubbish unworthy of a British foreign secretary” and a “shocking failure of judgment”.Hunt, who took up the position of foreign secretary after former incumbent Boris Johnson resigned in protest against May’s Chequers Brexit plans, has been viewed as a potential candidate to replace the embattled PM if she leaves her position in the coming months. whatsappcenter_img Louis Ashworth Read more: War of words: Former Brexit minister sticks knife into the CBIHe called for unity in the Conservative Party during his address yesterday, saying continued Tory infighting could prompt a “wrong Brexit, a [Jeremy] Corbyn Brexit or perhaps no Brexit at all”.“If you reject the hand of friendship offered by our Prime Minister you turn your back on the partnership that has given Europe more security, more freedom and more opportunities than ever in history,” Hunt said in comments aimed at EU leaders.Former Liberal Democrat leader Tim Farron criticised Hunt’s speech, calling him a “third-rate Thatcher tribute act” and “fifth-rate Boris impersonator”.“Today we see Jeremy Hunt making wild and crass comments about the EU. Comparing it to the USSR is just downright offensive,” Farron, part of the pro-EU Best for Britain campaign, said yesterday. “He seems to have taken Boris’ job and his outlandish jibes.” More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Tags: Trading Archivelast_img read more

first_img Tags: Trading Archive One M&A banker told City A.M.: “No one knows until the rules are implemented how broad the brush will be… the concern is there will be political influence and on big deals it will all get a bit GKN-Melrose.”Melrose’s hostile takeover of GKN attracted intense criticism in Westminster earlier this year, with some MPs calling on the government to give itself greater powers to block deals.While the Institute of Directors did not formally respond to the recent consultation, head of corporate governance Roger Barker told City A.M. it was critical decisions were made “at arms-length from ministers” and in a non-political manner.The former head of the Office for Fair Trading John Fingleton also slammed the proposals ahead of the consultation deadline last month.He said: “They can call in whatever cases they want, it gives them very wide power…and it’s not just mergers, it could be an investment, it could be a loan, it could be a property purchase, all of those things they can examine if they want.” Leading investors, trade bodies, lawyers and banks have criticised proposals to give the government greater powers to intervene in mergers and acquisitions (M&A), raising concerns that new rules could be exploited for political purposes.The proposals would give officials greater scope to scrutinise deals on security grounds. A senior minister could call-in any merger, acquisition or investment if they had a “reasonable suspicion” it may give rise to national security concerns. Callum Keown Share Government officials are currently conducting a charm offensive, visiting financial sector stakeholders to reassure them and gauge their criticisms.Finance groups say the reforms are too broad and fear they could be exploited for political reasons, in consultation responses seen by City A.M.Law firm Herbert Smith Freehills said the reforms “gambled” the UK’s attractiveness for foreign investment.Senior partner James Palmer said: “We are very concerned that the government’s proposals will introduce an unprecedented degree of political interference in ownership of UK and foreign businesses dealing with the UK, whether or not connected to real national security risks.”The Department for Business, Energy and Industrial Strategy, which closed its 12-week consultation last month, stood by the proposals. A spokesperson said: “We remain open for business and welcome foreign investment. These reforms are aimed solely at ensuring the government’s ability to protect national security.”One of Britain’s biggest pension funds, the Universities Superannuation Scheme (USS), raised concerns the powers could be abused by future governments.It said: “We are concerned that the interpretation and implementation of this call-in regime could evolve with the political mood of the nation and corresponding change of government and therefore lead to uncertainty.”The Investment Association, the Association for Financial Markets in Europe and the Institute of Chartered Accountants in England and Wales, added to warnings that the powers could be exploited for political purposes.The British Venture Capital Association echoed those sentiments and also feared that the “reasonable suspicion” threshold for government intervention was a low bar and unlikely to be challenged in the courts. whatsapp Greater government powers over takeover deals could be used for political purposes, critics warn 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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com whatsapp Wednesday 21 November 2018 10:48 pmlast_img read more

first_img whatsapp May said she was committed to securing changes that mean the UK would avoid the risk of a no-deal Brexit – but doing so without scrapping the Good Friday Agreement.“I will not do anything to put that at risk,” she said.Read more: Weathering the storm: City expects minimal Brexit impact on jobs“I know that the prospect of changing the backstop and re-opening the withdrawal agreement creates real anxieties here in Northern Ireland and in Ireland,” May added.“I understand what a hard border would mean – not just in terms of the disruption at the border itself, but in terms of trade for the whole island.” Tags: Brexit People Theresa May Read more: Chris Grayling: Brussels will be to blame if there is a no-deal BrexitInstead, May told businesses she would strike a deal with the EU that “commands broad support” as well as a parliamentary majority.Her speech comes after MPs delivered a resounding defeat to May’s withdrawal agreement in December, over a key measure designed to prevent a hard border in Ireland.Addressing businesses today, May said: “I know that many people in Northern Ireland, and indeed across this island, are worried about what parliament’s rejection of the withdrawal deal means for them.“So I am here today to affirm my commitment … to delivering a Brexit that ensures no return to a hard border between Northern Ireland and Ireland – which is unshakeable.” May vows to avoid hard Ireland border as she seeks changes to Brexit deal But May also admitted that “the need for changes to the backstop is the key issue”, with the arrangement currently tying the UK into a customs union with the EU after Brexit in order to prevent a hard border.Arlene Foster, the leader of the DUP, dismissed the “toxic” backstop ahead of May’s speech, though suggested that if it is “dealt with” the party would support May’s deal.The Prime Minister is currently seeking changes from the EU to the backstop after parliament backed a key Brexit amendment last week that urges May to replace the measure with “alternative arrangements”.The Prime Minister is due to visit Brussels on Thursday to discuss Brexit with European Commission president Jean-Claude Juncker, who has so far ruled out a renegotiation of the Brexit deal.However, German chancellor Angela Merkel has called for “creativity” to break the Brexit stalemate.center_img Tuesday 5 February 2019 3:28 pm whatsapp Theresa May sought to reassure Northern Irish business leaders today that she will not allow a Brexit deal to create a hard border in Ireland.Delivering a speech in Belfast, the Prime Minister said her commitment to avoiding a hard border between Northern Ireland and the Republic of Ireland is “unshakeable”. Share Joe Curtis last_img read more

first_img Share Tags: Trading Archive whatsapp City Moves for 22 March – who’s switching jobs at Rabobank, Legal & General and Exterion Media? by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemPets DetectiveAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongPets Detective whatsapp Friday 22 March 2019 12:02 am Prior to Mizuho, Thomas spent seven years in M&A investment banking with McQueen, UBS and Investec. He previously qualified as a corporate solicitor with Linklaters and holds an executive MBA from London Business School. At Rabobank, he will be responsible for delivering banking and funding solutions to an established portfolio of clients and prospects across the beverages, food-service and animal protein sectors, working closely with the wider global corporate clients team. Tamira Treffers-Herrera, chief executive Europe, said: “Thomas has an impressive track record in the food and beverages space… He is an excellent fit for the team here at Rabobank.”Legal & GeneralLegal & General has appointed Steve Ellis chief executive of Legal & General Retail Retirement Living Solutions. This new role reflects Legal & General’s commitment to tackling the challenges facing customers financing and living in retirement in the UK. Claire Singleton, currently chief executive of Legal & General’s Mature Savings business, will succeed Steve Ellis as chief executive of Legal & General Home Finance. Steve and Claire will report to Chris Knight, chief executive of Legal & General Retail Retirement. Steve will start his new role at the beginning of April and Claire will take up her post at the end of the year after completion of the transfer of the mature savings business to ReAssure, part of the Swiss Re Group.Exterion MediaExterion Media, one of Europe’s leading out-of-home companies, has appointed Bob Strawbridge as head of rail, signalling the media owner’s ongoing commitment to driving commercial growth in the rail industry. Bob will work closely with Exterion’s rail franchise partners and will be responsible for productising Exterion’s rail offering, by combining unique first party data, packaging and pricing to bring client-focused solutions to market. He will work alongside Colin McAlinden, head of bus, and Cedric Rouse, head of digital, in the product strategy team, reporting to Andrea Marsh, product strategy director. Strawbridge joins from Strawbridge Consulting, a sales and marketing consultancy which he set up in 2016. City Moves Who’s on the move?RabobankRabobank, the global food, beverage and agribusiness bank, has appointed Thomas Levin as senior coverage banker in its global corporate clients team, based in London. Thomas brings more than 13 years of experience in corporate and investment banking. He joins from Mizuho Bank where he was responsible for originating M&A advisory and financing deals, developing debt and equity finance solutions and broad corporate finance needs for a portfolio of clients and prospects in the food, consumer and leisure sectors.last_img read more

first_imgTuesday 7 May 2019 7:47 am The green rush? The UK’s cannabis industry is reaching dizzying new highs This is just one of the developments that global players in the market will be discussing when they descend on London on 18 May for the Women, CBD & Medical Cannabis Conference.Why the gender angle? This is a new industry that really works to understand female consumers – a demographic that virtually doubled in the US in 2018 – and is leading in terms of its practices around sustainability and equal opportunities.Female empowerment in the fast-emerging global medical cannabis business has become a big theme in 2019, and the number of women in leadership positions continues to consistently outstrip the national average.As Britain’s medical cannabis regulations undergo further reform, I am excited about the opportunities. There have been recent calls in the European Parliament to create a region-wide resolution on medical cannabis, while the UN has released positive findings from studies on both CBD and THC.Change is in the air. It’s an exciting time to be in this industry – for me personally, and for the UK as a whole. Hannah Simon 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. Share When it comes to the burgeoning legal cannabis market, this is already the reality. According to the UN’s International Narcotics Control Board, the UK is one of the largest legal cannabis producers in the worldIn 2016 alone, the UK’s production doubled to 95 tonnes, making it responsible for growing nearly half of the world’s legal cannabis. In 2017, it was responsible for 69 per cent of global exports, with the majority going directly to the US.While the focus of the commercial conversation so far has largely centred on developments in North America, in Britain the domestic discourse has surrounded local patients, personal stories, and the lack of infrastructure regionwide. Yet behind the scenes, the UK has stayed busy, becoming one of the world’s largest producers and exporters of medical cannabis.Since 2000, the “green rush” has led to political developments and a shift in mainstream discourse around cannabis, with more and more European countries developing medical programmes and establishing prosperous industries in the process.According to the consultancy Prohibition Partners, the European cannabis market could be worth in excess of £100bn by 2028. That’s more than twice the revenues that Apple reported in the region last year. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerbonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionZen 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 FunDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemMisterStoryWoman files for divorce after seeing this photoMisterStory Unsurprisingly, things are moving quickly. The campaigns of patients like Alfie Dingley and Billy Caldwell helped make history in the UK, with Dingley receiving the first legal cannabis prescription in Britain in November 2018, when the Home Office introduced new legislation which would make medical cannabis legal – much sooner than many analysts had anticipated.In the wake of this, the first medical cannabis clinics in the UK have been opened to assist patients with chronic conditions, with two more due to open before the end of the year in Birmingham and London.From an investment perspective, the positive domestic media attention, a growing global shift in attitudes, and the increasing number of countries moving towards legalisation of medical cannabis are opening the door for a few UK companies to float on London’s public exchanges.Already they are attracting buoyant backing from fund managers, institutional investors and more recently state investment funds.Navigating the cannabis market does have its complexities. High street stockists, such as Holland and Barrett, have been successful in promoting CBD ranges, as consumers have shown a sky-rocketing interest in CBD products, from lip balms to snack bars. However, the CBD market remains in a legal grey area, with regulators playing catch up to the innovation of the private sector. whatsapp Predicting the emergence of the UK’s next billion-pound industry is the dream of any investor.Yet what if, unbeknown to many of its citizens, the UK were already competing as a global leader in that market? whatsapp Opinion Tags: Trading Archivelast_img read more

first_img whatsapp It put the fall down to a reduced gain of £7.9m on investment properties compared to £51.8m in 2018. Share Chief executive Frederic Vecchioli said: “Safestore’s performance has been robust in the first half of the year and continues to build on the strong earnings and dividend growth achieved over the last five years.” Safestore posted a jump in profits for the first half of FY21, and forecasted full-year earnings at the top end of the guidance range. Callum Keown whatsapp Safestore has five new stores in the pipeline as it prepares to meet the demand for its services in both the UK and Paris. The figures Safestore boosted as self-storage market resilient to economic uncertainty While its profits fell due to its investment properties compared with the previous years, the company reported strong growth in both its core markets and an earnings boost. Revenue jumped 5.6 per cent to £73.1m, while underlying earnings also climbed 5.9 per cent to £41.4m, both led by a rise in occupancy rates. He added: “The self-storage market remains resilient to macroeconomic uncertainty and we continue to capture growing levels of demand in the UK and in Paris, with double digit new let growth on a like-for-like basis in both markets. However, profits fell more than 50 per cent due to a reduced gain on its investment properties. Read more: Safestore plans four new units after strong year of growth Since the company launched an acquisition and development programme in 2016, it has added 38 stores to its business, which includes the five on the horizon. What they said Read more: Safestore profits stack up due to turnaround Tuesday 18 June 2019 7:43 am Why it’s interesting Safestore reported pre-tax profits of £38.2m in the six months to the end of April, 53 per cent down on the same period the previous year. The company posted an interim dividend of 5.5p per share – a 7.8 per cent rise on the previous year. Self storage company Safestore enjoyed an earnings boost in the first half of the year as occupancy rates rose in its UK and Parisian stores. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinancelast_img read more