Show Comments ▼ whatsapp whatsapp KCS-content Sunday 3 October 2010 10:25 pm Tags: NULL Share TODAY I will be speaking at the City of London’s Conservative Party Conference fringe event entitled “The Challenge for Financial Services – Helping the UK Economy Grow.”Having already spoken at the Labour and Liberal Democrat Conferences, this is the third time I have attempted to address this issue in as many weeks.The focus of the City’s fringe event neatly and deliberately encapsulates the inherent conundrum facing the UK financial services industry at the present time.If our industry is to restore its reputation and win back the public’s trust then it must help the UK economy to grow and help people to understand the role it plays in wider society.At the same time, our ability to realise this goal is being constrained; the public’s negative perception of firms and individuals working in financial services means that politicians simply cannot be seen to be conferring any kind of benefits or advantages on the industry at this time. If we want to diversify the UK economy in order to tackle our fiscal deficit – the UK government’s oft-stated “top priority” – and to help us better withstand future economic downturns, it will require substantial amounts of capital, the provision of which will be largely down to the financial services industry. Inadvertently limiting the size of the financial services industry through poor regulation will inevitably result in much lower growth and will also increase the possibility of a double dip recession.Not only would we see a huge loss of income, leading to much higher taxes, but jobs would also be lost throughout the UK and would by no means be restricted to those working in financial services.If the financial services industry is to play its full and proper role in helping secure our future prosperity, we need better regulation on a global basis. Unfortunately the last few weeks have offered little in the way of encouragement for potential overseas investors, many of whom are already nervous about current and future regulatory and legislative reforms in the UK and the wider European Union.I fully understand that speeches given at Party Conferences are necessarily designed to appeal to a party political audience but our political leaders must remember that every time they speak, the international business community will be listening and judging.Let us hope that when Parliament is back in session, we can move past this anti-City rhetoric and start to deal with these important issues in a rational way that will benefit the financial services industry and thus the whole of the UK. I know our industry wants to play its part in the recovery and demonstrate that Britain is indeed “open for business” – we now need to agree on a course of action to make this happen.Stuart Fraser is the Policy Chairman at the City of London Corporation Financial services industry must aid economy
African Champion Industries Limited (ACI.gh) listed on the Ghana Stock Exchange under the Paper & Packaging sector has released it’s 2010 interim results for the first quarter.For more information about African Champion Industries Limited (ACI.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the African Champion Industries Limited (ACI.gh) company page on AfricanFinancials.Document: African Champion Industries Limited (ACI.gh) 2010 interim results for the first quarter.Company ProfileAfrican Champion Industries Limited is an investment holding company in Ghana with substantial assets in gold mining and forestry and a manufacturing operating producing toilet paper. Established in 1967, the company was formerly known as Super Paper Products Co Ltd. It is a market leader in Ghana and exports its toilet paper products to regions in West Africa. In 2009, African Champion Industries incorporated a value-creation strategy to purchase significant interests in assets which generate hard currency in West Africa, primarily investments in natural resources and property. Its sole asset is a royalty on Adamus Resources Telku Bokazo gold mine and a minority stake in Miro Forestry Developments Limited, a plantation forestry company with assets in Ghana and Sierra Leone. African Champion Industries Limited is listed on the Ghana Stock Exchange
Gamma Civic Limited (GCL.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2013 interim results for the half year.For more information about Gamma Civic Limited (GCL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Gamma Civic Limited (GCL.mu) company page on AfricanFinancials.Document: Gamma Civic Limited (GCL.mu) 2013 interim results for the half year.Company ProfileGamma-Civic Limited is a Mauritian company that provides services in construction, building materials, civil engineering contracting, equipment hiring, hospitality, lottery, corporate secretarial services, energy, trading activities, plant, and property investments. The segments that the company operates through are building materials, contracting, investments, lottery, corporate services, and others. Gamma-Civic Limited is listed on the Stock Exchange of Mauritius
Regency Alliance Insurance Plc (REGALI.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2013 interim results for the half year.For more information about Regency Alliance Insurance Plc (REGALI.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Regency Alliance Insurance Plc (REGALI.ng) company page on AfricanFinancials.Document: Regency Alliance Insurance Plc (REGALI.ng) 2013 interim results for the half year.Company ProfileRegency Alliance Insurance Plc is an insurance company in Nigeria licensed to cover all classes of non-life insurance. The company also has business interests in property investments in the form of real estate development and leasing, finance leasing, retail and microfinance banking and vehicle tracking and fleet management services. Regency Alliance Insurance Plc covers aviation, bonds, goods in transit, motor vehicles, employer’s liability, plant and industrial all-risk, marine, oil and energy, contractor all-risk, director’s liability, fidelity guaranty, professional indemnity, public liability, erection all-risk, machinery breakdown, business interruption, burglary, personal accident and fire and special perils insurance as well as occupier’s and builder’s liability, healthcare professionals, motor third party insurance and property and family protection insurance. RIC Properties & Investment Limited is a subsidiary of Regency Alliance Insurance Plc. The company’s head office is in Lagos, Nigeria. Regency Alliance Insurance Plc is listed on the Nigerian Stock Exchange
£1k to invest? I think this FTSE 100 share could help you retire early Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” This year’s stock market crash has seen most FTSE 100 shares fall sharply. But there are a few companies which have been outperforming the market. One of my top picks is supermarket group Tesco (LSE: TSCO).The supermarket giant’s share price has fallen by just 8% this year, compared to a 25% drop for the FTSE 100. Unlike many other FTSE shares, Tesco hasn’t cut its dividend. And I believe the outlook for continued growth is stronger than you’d expect.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…I reckon that buying a few shares in this FTSE 100 heavyweight today and popping them into your portfolio could help you retire early.Pandemic performanceWe all know from personal experience how the supermarket shopping experience has changed during the coronavirus pandemic. In a recent newspaper interview, Tesco boss Dave Lewis said the firm had the equivalent of five peak Christmas trading days in March, with no opportunity for pre-planning.The situation has stabilised since then, but demand for home delivery has rocketed. In-store shopping patterns are also said to have changed, with customers doing fewer, bigger shops.The pandemic was expected to give a big boost to online-only grocers. I think the opposite has happened. Tesco’s big store network and hand-picked online orders means the company has been able to flex its operations to suit changing patterns of demand. The FTSE 100 group’s stores can function both as shops and warehouses for local distribution. It’s hired thousands of extra staff to meet the surge in demand. Sales rose by 30% during the peak weeks of buying.Compare this to online retailer Ocado. This FTSE 100 share has doubled since the start of 2019, but its high-tech systems and fixed capacity appear to have been overwhelmed by panic buying. On 18 March, Ocado actually shut down its website temporarily.Growth opportunitiesOne criticism of Tesco as an investment is that the group is already a very large and mature business, with a UK market share of nearly 30%. But that doesn’t mean this share can’t continue to grow.The reality is that store-based shopping will still be the norm for most grocery needs. According to Tesco, current constraints on home delivery capacity mean that around 85% of all food shopping must be bought or collected from the store.Even if this changes over time, Tesco’s store network could still be an advantage. The FTSE 100 group is currently investigating the potential of having automated distribution centres in its larger stores. These would be used to pick stock for home delivery — presumably adding efficiency and requiring fewer staff.Tesco also benefits from its large convenience store business and the ownership of wholesaler Booker, which supplies non-Tesco convenience stores and restaurants.This FTSE 100 share looks cheap to meA couple of years ago I thought Tesco shares look fully priced. Since then, the firm’s profitability has continued to improve, but its share price hasn’t risen. In my view, this FTSE 100 share is now starting to look pretty cheap.Looking ahead, Tesco stock trades on just 12 times forecast earnings, with an expected dividend yield of more than 4%. In a market where most companies are struggling to predict their performance for the year ahead, Tesco’s stable grocery sales seem pretty attractive to me. I’d be a buyer here. 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. See all posts by Roland Head Image source: Getty Images 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. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Roland Head | Tuesday, 5th May, 2020 | More on: TSCO Enter Your Email Address Roland Head has no position in any of the shares mentioned. The Motley Fool UK has recommended Tesco. 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. 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.
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Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Image source: Getty Images Enter Your Email Address 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. Anybody who wants to make a fast buck and stick two fingers up at Wall Street, will be keen to enlist as a Reddit trader. This is a thrilling, revolutionary moment for many private investors, who are taking down hedge funds that have been ‘shorting’ stricken companies in the pandemic.Traders on Reddit and other social media platforms have been piling into the stocks of troubled companies, notably US video game retailer GameStop, and driving them to insane highs. Some have made fortunes along the way. Others will lose fortunes as the GameStop share price crashes back down.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…This isn’t how I plan to build my long-term wealth. I still believe the best way to do this is slowly and surely, by investing in top UK stocks for dividends and growth.I’d buy this FTSE 100 income stock insteadThere’s no Reddit trader frenzy around the Legal & General Group (LSE: LGEN) share price right now. I think there never will be. The FTSE 100-listed insurance company shouldn’t see its stock rise by thousands of per cent in my lifetime. Let alone in months, as GameStop has. Over five years, L&G shares have increased by just over 7%. They’re down 18% over the last year, thanks largely to the pandemic, but have been picking up in recent months in what I hope is the start of a long-term, post-pandemic recovery.So why would I buy it? Legal & General is a British blue-chip company that generates most of its revenues by selling low-cost tracker funds, pensions, annuities, life assurance and equity release lifetime mortgages.Yep, boring. Certainly compared to being a Reddit trader.Even a solid, boring business like L&G comes with risks. It has been hit by falling stock markets and rock bottom interest rates. The company’s latest six-month report showed operating profits down 6% to £946m. These headwinds are not going to suddenly disappear. Stock markets are in retreat as I write this, while interest rates look set to remain low for several years.Despite this, I’m shunning all dreams of becoming a super-rich Reddit trader and buying L&G instead. Why this company? First, I don’t pick stocks for how they perform over the next year, but the next 10 years. Over such a timescale, I’m hoping that the Legal & General share price will have much further to climb, as profits rebound and are either reinvested back into the company or distributed among shareholders.Reddit trading frenzy isn’t for meSecond, today’s entry price is highly tempting to me, at just 8.22 times earnings. The FTSE 100 as a whole trades at more than 18 times earnings.The other big attraction is the dividend. Currently, L&G yields 7%, covered 1.6 times by earnings. I can take this free of tax inside a Stocks and Shares ISA. This is underpinned by a £7.3bn capital surplus and a £3.5bn credit default reserve. Better still, management has maintained shareholder payouts despite the pandemic.No dividend is guaranteed. Management looks set to hold this year’s dividend at last year’s level. However, I think Legal & General should offer an attractive income stream for years, even if it dips from today’s highs. I’m interested to see whether the Reddit trader army will last as long. Simply click below to discover how you can take advantage of this. Harvey Jones 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. The high-calibre small-cap stock flying under the City’s radar Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Harvey Jones | Friday, 29th January, 2021 | More on: LGEN Why I’m avoiding the Reddit trader frenzy and buying this top UK stock instead I’d buy this stock for faster growth. Our 6 ‘Best Buys Now’ Shares See all posts by Harvey Jones
23 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Barclays commits £3.6 million and staff volunteers to financial exclusion projects 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. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Barclays is targeting financial exclusion and poverty among over 270,000 people at the vulnerable extremes of the age range, thanks to £3.6m worth of funding to Help the Aged, NCH the Children’s Charity, and a massive volunteering campaign.The new agreements, spanning three years and worth £1.8 million to each charity, are the single largest contributions Barclays has ever made towards promoting financial literacy and debt advice. Over 3,500 Barclays staff are also expected to volunteer with the charities, assisting in ways such as providing skilled advice on money management and helping in their financial education. Tagged with: corporate Howard Lake | 8 June 2006 | News Advertisement
32 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 Recession changing the structure of the fundraising profession The recession has had a profound effect on employment within the fundraising sector, according to the findings of TPP Not for Profit’s Fundraising Recruitment Survey 2010. Measures introduced over the past year, as not for profit organisations have been forced to cut costs, could also lead to increased staff turnover and shortages of experienced and qualified employees in the future.The survey was compiled with the support of the Institute of Fundraising using responses from almost 400 fundraising professionals, together with data from over 600 fundraising vacancies in more than 200 not for profit organisations placed with TPP Not for Profit in 2010.Key findings from the survey results are:Entry-level Roles DisappearingThe number of paid entry-level roles is decreasing as more of the Assistant/Coordinator duties are taken on by unpaid interns and volunteers, as many non profit organisations attempt to cut costs. This, in turn, means that Officer and Executive positions are now more commonly the entry points to a paid fundraising career and this seems to have had a negative effect on salaries for these jobs.Lack of Training in the ProfessionStaff training and development is one of the most commonly mentioned requirements for our candidates. Our survey shows that there is an apparent lack of training in the sector, particularly for management, as non-profits often struggle to justify training costs when budgets are tight. Could this be costing non-profit organisations in the long run by demoralising fundraising staff and increasing turnover? And what about the impact on the sector in the future?SalariesOverall, most fundraising salaries are reported to have remained static over the past year. However, as charities have been forced to shift strategy as levels of individual donations fall, there has been an increasing demand for highly skilled fundraisers in streams such as major donor and corporate fundraising and at Director level, with the result that salaries in these specific areas are increasing.BenefitsOur survey suggests that there is a discrepancy between the benefits that staff would like and those benefits that employers are providing. There appears to be general apathy towards pensions (which may well reflect a societal issue) and continues to be great interest in flexible working policies.Alex Brooks-Johnson is an ex-Director of Fundraising and has recently joined TPP’s Senior Appointments Team after 12 years in the voluntary sector. He says:“The results of this survey show how important it is for not for profit organisations to start investing in personal development plans for their staff. Apart from the fact that they are a very effective motivational tool, they also have a positive impact on staff retention, making your fundraisers feel valued. Investing time, effort and money into the careers of your fundraisers now will help decrease staff turnover and bring down future recruitment costs, and ensure that the most talented people stay in the sector, and most importantly increase income.”Paul Marvell, Director of Learning for the Institute of Fundraising says:“The conclusions from the TPP survey reinforce the need for formalized training and development of fundraisers throughout their career advocated by the Institute of Fundraising. The IoF Academy offers qualifications and training for all fundraisers of all levels. For further information call our Academy Team on 0207 840 1020 or email us on [email protected]”Full results of the survey plus a salary calculator are available at:http://www.tpp.co.uk/fundraising-survey-2010TPP Not for Profit has over 14 years of experience of providing a wide range of specialist recruitment services to organisations in the third and not for profit sectors.TPP has eight distinct divisions: Fundraising & Development; HR, Learning & Development; Senior Appointments; Marketing & Communications; Office & Specialist Support; Finance, & Accountancy; Medical & Social Care and Education & Training – covering a wide range of roles at all levels – both temporary and permanent.For further information please contact Natalie Ponting (Marketing Manager) on 020 7198 6180 or [email protected] more information on TPP Not for Profit, visit www.tpp.co.ukFollow TPP Not for Profit on Twitter at http://twitter.com/TPPNotforProfit AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 Howard Lake | 14 December 2010 | News Tagged with: Consulting & Agencies Institute of Fundraising Recruitment / people Research / statistics 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.
to go further ChinaAsia – Pacific ChinaAsia – Pacific June 2, 2021 Find out more RSF_en April 27, 2021 Find out more China’s Cyber Censorship Figures The reopening of judicial proceedings against detained New York Times researcher and winner of the Reporters Without Borders – Fondation de France press freedom prize in 2005 Zhao Yan, whose release had been awaited since 17 March, is an “aberration,” Reporters Without Borders said today, calling for him to be freed at once. China: Political commentator sentenced to eight months in prison Follow the news on China March 12, 2021 Find out more News News Organisation News Receive email alerts April 18, 2006 – Updated on January 20, 2016 Renewed judicial proceedings against detained researcher called “aberration” The reopening of judicial proceedings against detained New York Times researcher Zhao Yan, whose release had been awaited since 17 March, is an “aberration,” Reporters Without Borders said today, calling for him to be freed at once.Zhao’s lawyer, Mo Shaoping, said officials told him yesterday that the proceedings had been reopened on 20 March 2006 on the basis of the same charges as before. Mo said this was illegal, as the Chinese criminal code has no provision for a judicial investigation to be reopened in this fashion.The winner of the Reporters Without Borders – Fondation de France press freedom prize in 2005, Zhao has been held for the past 18 months on charges of “divulging state secrets” and “fraud.” His release had been awaited ever since the Beijing intermediate people’s court No. 2 told Mo on 17 March that the charges against him had been dropped.When Zhao was not released, Mo began asking court officials for an explanation but got no reply until yesterday. The court and the Chinese government have still not officially confirmed that the case has been reopened.Zhao was arrested on 20 October 2004 for allegedly revealing to his New York Times editors, before it was officially announced, that former President Jiang Zemin was about to resign from his last political post of influence.Aged 42, Zhao is being held in a state security detention centre in Beijing, where he has reportedly lost 10 kilos in weight and is being denied certain medical treatment. News Help by sharing this information Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes
Follow the news on China RSF_en Help by sharing this information News ChinaAsia – Pacific Organisation China’s Cyber Censorship Figures News to go further Receive email alerts News News Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes ChinaAsia – Pacific June 2, 2021 Find out more China is reportedly about to release dissident and founder of underground magazine Tansuo (Investigation) Liu Jingsheng, jailed since 28 May 1992, on 27 November. The surprise reduction in sentence appeared to be a conciliatory gesture towards the international community, said Human Rights in China.Reporters Without Borders called for Liu’s full civil and political rights to be restored and repeated its appeal for the release of all China’s jailed journalists, Internet-users and cyberdissidents.Coming after the announcement of a 2005 release for journalist Wu Shishen, the planned release of Liu appears to be a fresh indication of Wen Jiabao government’s desire to ease international pressure on China over its imprisoned dissidents.Liu Jingsheng was sponsored by around a dozen European media and his name was on the list of prisoners the European Union had been seeking to win freedom for.Liu’s release on 27 November would come two and a half years before the end of his sentence. He was involved in both the Democracy Wall movement in 1979, alongside Wei Jingsheng, and the 1989 Beijing Spring. He constantly campaigned for freedom of expression and Chinese workers’ rights.He is being held at the Banbuqiao detention centre in Beijing. In May 2000, July 2001 and September 2002, his sentence was progressively reduced to one year and eight months for “good behaviour” and for “expressing regret.”He was not allowed any visitors during his first two years in prison. His wife was allowed to see him once a month from 1994. He was put in solitary confinement for several months in 1996 for “disobeying prison rules.” He had protested against conditions in the jail.In 2000, his health was officially said to be “normal,” but the Hongkong-based trade union magazine China Labour Bulletin said he had stomach problems and high blood pressure. He has reportedly lost almost all his teeth. April 27, 2021 Find out more China: Political commentator sentenced to eight months in prison November 24, 2004 – Updated on January 20, 2016 Journalist and dissident Liu Jingsheng about to be released March 12, 2021 Find out more