The UK’s former EU commissioner says businesses should be able to contribute more to Brexit plans

Speaking to City A.M. Hill said: “If businesses can come together and help contribute to thinking then that will be a good thing. This should be a national endeavour”Read More: City of London rules will lose “British voice” after Brexit, says Lord HillMarshall added: “The national conversation has been dominated by what is going on in parliament, and there’s been a lot of backward looking debates. “But business people are just getting on with it and whatever their stance, they’re already dealing with the challenges and opportunities that come from Brexit.”It comes as the Management Consultants Association calls on Prime Minister Theresa May to recruit the UK’s senior business leaders and trade body bosses on secondments on to government negotiating teams. whatsapp whatsapp Thursday 16 March 2017 1:00 am Mark Sands The UK’s former EU commissioner says businesses should be able to contribute more to Brexit plans The UK’s former European Commissioner has called on employers to do more to support the development of Brexit plans ahead of the formal launch of negotiations.Lord Hill, who resigned after the referendum, is hosting a London conference for firms next month alongside Sir Paul Marshall, chairman of City hedge fund Marshall Wace. Share Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamourWant Thicker Hair? Follow These 12 StepsVegamourHow Often Can You Dye Your Hair?VegamourTips & Tricks for Styling Thin HairVegamour16 Foods to Grow Your Healthiest Hair EverVegamour read more

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Pro-Trump supporters to march in Central London today

Saturday 14 July 2018 10:19 am Pro-Trump supporters to march in Central London today James Booth whatsapp whatsapp According to Reuters, Trump’s ambassador for international religious freedom Sam Brownback, recently lobbied the British government on Robinson’s behalf.At a previous London march in support of Robinson, far right protesters made Nazi salutes and fought battles with the police leaving five officers injured.Read more: Tommy Robinson’s US fan club is exporting the alt-right to BritainRobinson has previously been convicted of offences including violence, mortgage fraud and travelling to the US on someone else’s passport. Today, supporters of the US President will stage their own march, starting at the new US Embassy in Nine Elms and finishing in Whitehall.Read more: Lift-off for Trump baby blimp as Sadiq Khan defends decision to let it flyThe pro-Trump marchers plan to join up with a separate rally of supporters of jailed English Defence League (EDL) leader Tommy Robinson in Whitehall.There is also expected to be a counter-march led by the group Unite Against Facism.Robinson, real name Stephen Yaxley-Lennon, was given a 13 month prison sentence in May for contempt of court after filming himself and others outside the trial of a child grooming gang in Leeds while making comments that could have prejudiced the case. Share Supporters of US President Donald Trump are to march in Central London today following yesterday’s vast anti-Trump rally.Trump’s first UK visit since becoming President has been marked by a series of protests, including yesterday’s well attended march in Central London. More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPuffer fish snaps a selfie with lucky divernypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com read more

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Bank of England: Hold fire until there is Brexit certainty says the shadow MPC

whatsapp Bank of England: Hold fire until there is Brexit certainty says the shadow MPC Tags: Bank of England Brexit City economists are all but certain that the Bank of England will hold interest rates steady today, only six weeks after raising interest rates and with the Brexit endgame fast approaching. whatsapp The Bank’s rate-setting monetary policy committee (MPC) will announce its latest decision at midday, with all eyes on any tweaks to guidance around the future path of interest rates. The vote will be led by Mark Carney, whose term as governor was extended this week until 2020.Data since the MPC last met has for the most part strengthened the Bank’s justification for raising interest rates, with regular pay growth accelerating to the joint fastest annual rate since 2015, at 2.9 per cent. Meanwhile, July growth figures showed a stronger-than-expected expansion in output from the UK economy.Economists will read the MPC’s statement closely for guidance on spare capacity in the economy. Meanwhile, a message that inflation will accelerate further would likely be taken as hawkish by investors.City A.M.’s shadow MPCJeavon Lolay, Lloyds Bank Commercial BankingHOLD Data since the August meeting have been broadly in line with the latest economic projections. In particular, GDP growth has rebounded and consumer price index (CPI) inflation was slightly higher in July. Furthermore, labour market figures suggest the economy has a very limited degree of slack, with average earnings growth noticeably higher in the three months to July. After last month’s increase in bank rate, should the economy continue to develop in line with the Inflation report projections, further increases are likely in the future to return inflation sustainably to the two per cent target.Simon Ward, Janus Henderson InvestorsHOLD GDP growth was boosted temporarily by weather effects. Money trends remain soft and the global economy is slowing. Faster pay growth is likely to squeeze profits rather than boost inflation.Vicky Pryce, CEBR Thursday 13 September 2018 12:08 am HOLD Activity and wages picked up in the summer but manufacturing in recession, business confidence still weak and growth forecasts continue to be downgraded due to brexit uncertainty.Kallum Pickering, BerenbergHOLD Although recent wage and spending data has surprised to the upside, it’s sensible to wait until after the Brexit vote before hiking again.Tej Parikh, Institute of DirectorsHOLD Businesses and households will be looking for stability and support as Brexit negotiations go to the wire. Now’s not the time for boat rocking.Jacob Nell, Morgan StanleyHOLD While letting the impact of the August hike sink in and against the backdrop of Brexit endgame uncertainty, keep rates on hold.Ruth Gregory, Capital EconomicsHOLD While the economy regained some momentum at the start of Q3 and earnings growth gathered pace, ongoing Brexit uncertainty provides a good reason to sit tight for the moment.Simon French, Panmure Gordon HOLD There is considerable uncertainty whether recent economic momentum held up during August. Inflation expectations also remain well anchored around two per cent. As a result, UK monetary policy can afford to wait and see the outcome of current Brexit negotiations.Mike Bell, JP Morgan AMHOLD There’s no need for another rate hike so soon after the last one. It’s worth keeping an eye on wages though with unemployment at such low levels. Jasper Jolly Share read more

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Standard Chartered reportedly facing $1.5bn Iran sanctions fine

first_imgOther banks have previously paid massive fines for US sanctions violations, including $1.9bn for HSBC in 2012 and $1.45bn for Commerzbank in 2015.Read more: Europe stands ground over US-Iran feud Jasper Jolly whatsapp The spokesperson said: “As previously disclosed, we continue to cooperate fully with the investigation regarding our historical sanctions compliance, and are engaged in ongoing discussions with the US authorities. While we do not comment on the substance of those discussions, we look forward to resolving these legacy issues.”US authorities have long targeted Iran with sanctions, with a significant hardening in the attitude towards the nation under President Donald Trump, who tore up a deal to loosen sanctions in May.Read more: The US sanctions against Iran could start a war in European courtroomsIn 2012 Standard Chartered paid the DoJ $667m for violating sanctions rules, according to Thomson Reuters data, as well as signing a deferred prosecution agreement (DPA) in which the bank agreed it was responsible for criminal conduct. The DPA was extended in 2014.The bank had been found in the previous investigation to have helped customers get around the sanctions by changing banking codes, replacing references to sanctioned entities in payment messages, and deleting payment data. Standard Chartered is reportedly facing a fine of as much as $1.5bn (£1.15bn) from the US Department of Justice (DoJ) for violating sanctions on Iran. Standard Chartered reportedly facing $1.5bn Iran sanctions fine center_img Monday 1 October 2018 5:37 pm whatsapp Share The British bank could face the penalty by the end of the year, although final discussions have not yet begun, Bloomberg reported.The investigation into Standard Chartered’s activities is focused on its sanctions compliance controls with regards to Iran, which has long been a source of difficulties for the emerging markets-focused bank.Read more: Iranian foreign minister claims country is close to European oil dealIn its half-year report published earlier this year Standard Chartered said authorities are looking into whether “conduct and control failures permitted clients with Iranian interests to conduct transactions through Standard Chartered Bank after 2007 and the extent to which any such failures were shared with relevant US authorities in 2012”.A Standard Chartered spokesperson declined to comment on the size of any potential penalty. Tags: Company Standard Charteredlast_img read more

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Mind the ethnicity pay gap: Data is the key to a transparent and diverse society

first_img Mind the ethnicity pay gap: Data is the key to a transparent and diverse society Any changes or decisions made by a business need to be strategic, on the basis of robust evidence. Now that this evidence exists, those leaders are publicly accountable for the way they respond to it.For example, KPMG has been working to address our gender and ethnicity pay gaps for many years, taking steps such as banning all-male shortlists. But specific data allows for a more nuanced conversation – it has helped us identify key areas that need greater levels of action.And once we know the roles and entry points which require particular attention, we can brief recruiters of the need for more diverse shortlists in those areas.As our pay gap data shows for both gender and ethnicity, we’re still learning. Progress won’t happen overnight. But with a greater focus and more transparency, we are on the right path.I truly believe that transparency will enable businesses to focus on ensuring more opportunities for all based on an individual’s skills and capabilities alone. We all have bias, but reliable data is the first step to confronting, challenging, and ultimately eliminating it.Read more: Shutting down gender debates will only fuel sexist backlash whatsapp It has been a fight to change this conversation, but over the past few years there has been a noticeable shift – and I believe that legislation and the mandatory reporting of the gender pay gap has played a role in this.Once considered a whispered “women’s issue”, the publication of pay data across organisations in Britain brought the question into the public spotlight, and more importantly raised it high on the agenda for businesses of all sectors.For the first time, we have data and benchmarks across industries and the public sector – and it is in the public domain.Now, we have the opportunity to make the same progress with the ethnicity pay gap. That’s why the government consultation launched last week on the publication of ethnicity pay data is critical. It will bring the issue to the forefront for business leaders, and help build on the changes already taking place in more progressive institutions.As we have seen, raising awareness of gender pay gaps has not been the only benefit of the new reporting requirement. It has also given leaders more data and direction. To be human is to have bias – both conscious and unconscious. Tags: Trading Archive Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoBetterBe20 Stunning Female AthletesBetterBeUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndocenter_img Share Tuesday 16 October 2018 10:55 am If all our decisions were based on logic alone, carefully calculated and perfectly balanced, we would be robots.The benefits of being human are the passion, empathy, and creativity we can inject into our decision-making and working lives. But there are downsides.Read more: PM launches consultation into mandatory ethnicity pay reportingOur society – and therefore our workplaces – are not meritocratic. Equality of opportunity is a noble goal, but we’re not there yet. Where you were born, who your parents were, your ethnicity, and your gender can all impact on the opportunities on offer to you, and therefore your career.This issue has for too long been ignored – pushed to the sidelines of conversations in favour of other priorities incorrectly deemed more pressing. A difficult topic, it has been one that many sidestep, often because of the fear of saying the wrong thing. whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKansas coach fired for using N-word toward Black playerthegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comColin Kaepernick to publish book on abolishing the policethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Melanie Richards last_img read more

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Danone hit by Morocco consumer boycott and China baby formula decline

first_img whatsapp Wednesday 17 October 2018 11:06 am The French company said like-for-like sales grew by 1.4 per cent in the third quarter of the year and that it would target double-digit earnings per share growth. Read more: Inflation slows as food and drink prices dropThe depreciation of the Argentine peso, Turkish lira and Brazilian real drove down consolidated sales in the third quarter, the company said, and mass online-led protest in Morocco to boycott major suppliers of milk, bottled water and saw Danone’s sales in the country decline by 35 per cent. It was also hit by a 1.5 per cent decline in specialised nutrition products and a 20 per cent drop in baby formula sales in China after 12 months of “exceptional growth”. The hot summer boosted water sales in Europe, the company said, and dairy and plant based product sales picked up. Share whatsapp Jessica Clark Food company Danone reported it is on track to meet full-year expectations despite a consumer boycott in Morocco and a slump in baby food sales in China. Danone hit by Morocco consumer boycott and China baby formula decline Danone chief executive officer Emmanuel Faber said: “In the latest quarter, we have seen an encouraging return to growth in essential dairy and plant-based, alongside strong momentum in waters.”This demonstrates how Danone is balancing growth across its businesses.”Our performance in EDP and Waters compensated for challenging conditions in China where Early Life Nutrition shows changes in market dynamics following a period of exceptional growth.”We also have the foundations in place to navigate current emerging market volatility and currency headwinds, which will enable us to continue to deliver sustainable profitable growth. As a result, we have today reaffirmed our guidance for the full-year.”Read more: Tesco scraps best before dates on fruit and veg lines Tags: Trading Archivelast_img read more

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Beazley hit with $105m hurricane costs

first_imgThursday 8 November 2018 8:16 pm whatsapp whatsapp But the insurer, which covers a range of areas including kidnapping and terrorism, said gross written premiums rose 11 per cent to $1.9bn ($1.4bn) for the nine months to the end of September. It said the US market remains the driving force behind its growth.The company’s property team has benefited from rate changes following last year’s natural catastrophes. Premiums increased 21 per cent year on year to $340m.In October insurers Swiss Re estimated costs of roughly $1.1bn in its third quarter from natural disasters.Beazley announced it will no longer underwrite construction and engineering business, an area that accounted for 10 per cent of the divisions premiums in 2017, saying it would not satisfy its profitability expectations.Chief executive Andrew Horton said: “Our business continues to deliver double digit premium growth and has been aided by higher rates in some classes following last year’s catastrophe losses.” Lloyds of London insurer Beazley today said it expects costs of roughly $105m after a series of natural disasters in the US and Asia.Beazley said the payouts following hurricanes Florence and Michael and typhoons Jebi and Trami are in line with expectations. He added: “Geographically, the main engine of our premium growth continues to be the US market, where we saw premiums rise 18% relative to the first nine months of last year. We expect this positive momentum to continue and are aiming to deliver high single digit growth for the group again in 2019.”City A.M. yesterday named Beazley as the second tenant in Twentytwo, the City’s tallest skyscraper. The insurers will take 50,000 square feet (sq ft) over two floors when the building is completed late next year. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com James Warrington Share Beazley hit with $105m hurricane costs 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 PastFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveMoneyPailShe 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.com Tags: Beazley Companylast_img read more

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October deficit reaches three-year high despite Hammond’s promise to end austerity

first_img 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 PostUndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndoScientific MirrorLily From The AT&T Ads Is Causing A Stir For One ReasonScientific MirrorUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndo The UK recorded a much larger than predicted deficit for October, according to official data released today, the same month in which the government signalled an end to austerity measures.Public borrowing rose to £8.8bn last month, up from £7.2bn in October last year, amounting to the largest October deficit for three years, according to data from the Office for National Statistics (ONS). whatsapp October deficit reaches three-year high despite Hammond’s promise to end austerity Joe Curtis “While held back by lower interest and dividend receipts, this could also tie in with the economy seemingly losing momentum recently after a strong summer,” he said.Debt excluding Bank of England quantitative easing stood at £1.6 trillion at the end of October, equivalent to 75 per cent of GBP – a decrease of £33.6bn on the same period a year earlier. center_img whatsapp Tags: Trading Archive Wednesday 21 November 2018 9:46 am It comes after chancellor Philip Hammond promised the end of austerity is coming with an autumn Budget that prioritised spending.However, borrowing for the year to date stood at £26.7bn, the lowest for 13 years, and £11.2bn less than in the same period last year.Tax receipts grew 1.2 per cent year on year to £59.9bn, but could not match total government spending growth of 7.7 per cent, hitting £65.4bn.Much of that spending increase came from a higher outlay on goods and services as well as social benefits, the ONS said.Meanwhile, chief economic adviser to the EY ITEM Club, Howard Archer, said tax receipts were well below the average increase for the fiscal year so far.  Sharelast_img read more

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Britain is sleepwalking into the clutches of the exhaustion industry

first_imgFriday 18 January 2019 9:20 am 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 HeraldUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoMoney CougarLily From The AT&T Ads Is Causing A Stir For One ReasonMoney CougarUndoNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndo Share How well did you sleep last night?In fact, don’t answer. I can probably guess. If you’re reading this on your morning commute, it’s likely that you still haven’t quite woken up yet, and are waiting for that shot of caffeine to kick in. Rachel Cunliffe whatsapp If you’re reading it before bed, however, know that the rays of blue light emitting from your laptop or smartphone screen are not likely to do you any favours as you try to fall asleep tonight.According to the Great British Bedtime Report by the Sleep Council, Britain is chronically under-sleeping. The vast majority of us (70 per cent) get less far than the recommended eight hours sleep a night, more than a third get less than five, and 27 per cent “experience poor quality sleep on a regular basis”.This is on my mind right now because I’m reading Why We Sleep, by sleep scientist Matthew Walker.Or, at least, I was reading it. I had to take a break because the anxiety it has caused as I contemplate the consequences of my own deeply suboptimal sleep patterns started giving me insomnia.And there are few things as frustratingly ironic as being kept awake into the small hours of the morning due to fear that you are not getting enough sleep. whatsapp In all seriousness, Walker’s book is terrifying. The list of health risks associated with poor sleep (basically anything other than getting a full uninterrupted eight hours that enable you to wake up feeling perfectly refreshed) go far beyond a lowered immune system: dementia, depression, heart disease, obesity, schizophrenia, even cancer.So much for being able to sleep when we’re dead. Carry on like this, and that will happen sooner rather than later.Good sleep, on the other hand, can apparently improve memory, creativity, productivity, and emotional intelligence.In other words, if you’re wondering why Britain has become a nation of angry, unproductive slackers incapable of empathy or critical reasoning, our unhealthy sleep habits may be your answer.What’s interesting is that this is finally hitting the economy. According to Professor Vicki Culpin, psychologist and author of The Business of Sleep, tiredness is responsible for 200,000 lost working days in the UK. Improving our nation’s sleep could apparently save the economy £36bn a year. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Britain is sleepwalking into the clutches of the exhaustion industry Enter the exhaustion industry. Sleep trackers, nap pods, high-tech mattresses, special pillows, herbal remedies, white noise machines, glasses to filter out blue light, meditation apps, sleep coaching… the list of products is endless.According to McKinsey, the US sleep industry was worth between $30bn and $40bn a year in 2017.And with British entrants – from Pop & Rest in the City which rents nap rooms by the hour to exhausted workers, to the premium memory foam mattresses made by Eve Sleep whose billboards dominate Tube stations – it’s clear that the UK is following close behind.The modern business world is stepping up to meet a need we are slowly realising is much greater than we thought. Which is interesting, because it’s the modern business world that is responsible for our sleep crisis in the first place.I’m not just referring to the impact of being addicted to our smartphones, but to the structure of work in general. Office hours are generally fixed, starting at 9am or before, but sleep patterns vary vastly between individuals. So-called “morning larks”, the 40 per cent of the population whose circadian rhythm is set for early bedtimes and mornings, may like to feel virtuous, but this is a genetic trait, not something people have any control over.“Night owls” (myself included) can’t help our late nights – it’s as difficult for us to fall asleep before midnight as it would be for larks to drift off at 5pm.But our alarms rouse us at the same time to get us into the office, meaning – according to Walker – that owls lose hours of sleep each night, affecting their job performance, health, and happiness.Sadly, the working world just isn’t set up for people who are at their most productive at 10pm and like to sleep until noon.Add to that the trend of high-profile role models boasting about rising at the crack of dawn (Tim Cook, Michelle Obama, Oprah), and suddenly we’ve ended up in a world where success and hard work are associated with getting as little sleep as possible.With all that pressure, it’s no wonder that employees are feeling more stressed out than ever.And now that the exhaustion industry, backed by advocates like Walker and Culpin, has woken us up to the devastating impact of our bedtime habits (helpfully tracked by ever more meticulous technology so you know exactly how much of a sleep failure you are), that in itself has become yet another thing to toss and turn about.Better go buy a personalised pillow or subscribe to a sleep training app.Essentially, our fast-paced, tech-driven, highly competitive culture has been stealing our sleep. And now that same fast-paced, tech-driven, highly competitive culture is selling it back to us.Something to sleep on tonight. Tags: Trading Archivelast_img read more

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In for a Penny: Direct Line promotes finance chief to top job

first_imgGeddes will step down as a board member following the company’s 9 May annual general meeting and will leave the group at the end of July 2019.Read more: Direct Line profits take £217m hit from discount rate cutGeddes said: “Penny’s expertise as our CFO and the breadth of experience she brings from previous roles will be invaluable as she leads the business. I’ve worked closely with Penny for over twelve months and have been impressed by her drive, energy and ambition for the group. I am pleased to be leaving the group in such experienced and capable hands.”Direct Line said it had started a search for a new chief finance officer.  Tuesday 26 February 2019 7:05 pm James Booth Previous roles include director of group finance at Prudential, group chief finance officer of Omega Holdings and chief financial officer for UK general insurance at Zurich Financial Services.Read more: Direct Line on track to hit targets despite fall in written premiumsJames said: “I feel excited about the long-term potential of the group and confident that we will continue to deliver for our customers, our shareholders and our people.”James will receive an annual salary of £800,000 and a pension allowance of nine per cent of salary. She will participate in the company’s annual incentive plan up to a maximum of 175 per cent of salary and its long-term incentive plan up to 200 per cent of salary.  whatsapp In for a Penny: Direct Line promotes finance chief to top job center_img whatsapp Share Insurer Direct Line said today it had appointed its chief financial officer Penny James to succeed Paul Geddes as chief executive with effect from 9 May.James was appointed to Direct Line’s board in November 2017 and became finance boss in March. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoStar Law PostRemember Tiger Woods Ex-wife? Take A Deep Breath Before You See Her NowStar Law PostUndoExplored Planet40 Things People Should Reconsider Wearing On A PlaneExplored PlanetUndo Tags: Company Insurance Prudentiallast_img read more

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