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. You’ve probably heard chatter about a so-called Brexit bounce. It’s not a new term, and has been talked about for the past year or so. The premise is that on the successful completion of a deal between the UK and EU, UK assets (such as the FTSE 100 and 250) should see a bounce. Over the past couple of weeks negotiations have stalled, with the risk of no-deal increasing. Yet I still think there’s a higher probability of a deal versus no-deal. On this assumption, there are some top British stocks that I think could be top performers if we see a Brexit bounce.A top property stockAt a broad level, the property market is one that could perform well after Brexit. If the cloud of uncertainty is removed, many are forecasting an inflow of foreign investors into the property market. Domestic demand could also rise, even with the post-lockdown rally already seen over the past few months. 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…To make the most of this, I’d be looking to buy Rightmove (LSE: RMV). Aside from housebuilders, Rightmove is a great barometer of the state of the housing market. It’s the UK’s largest real estate portal. It’s shown strong share price growth over the past few years, so I’d prefer to own it over more mature builder stocks. In the latest results announced earlier in the summer, its CEO said “it’s quite incredible that 65 of our record [traffic] days have been since 13 May”. This shows me that when consumer demand is there, Rightmove is the company that captures it.Thinking ahead, Rightmove could continue to be a top performing British stock after Brexit. It’s already established in the marketplace, and is in a great position to capitalise on other government-led initiatives (like the cut in stamp duty through to Q1 2021). A top retail stockThe retail sector is another area that could enjoy a Brexit bounce. The UK has already committed to reducing some tariffs below the level set by the CET (Common External Tariff). This will help some retailers to import goods at a cheaper rate than previously, boosting profitability. That said, the pandemic has thrown a massive spanner in the works. Therefore, I’d look to buy Tesco (LSE:TSCO) as a top British stock in this sector. I feel it’s a safer play. Although it’s a retailer, it’s also a defensive stock. A Brexit bounce would hopefully add to the boost to revenues already being seen in recent months. Half-year results were released in early October and showed a rise of 8.6% in revenue for the UK and Ireland. Pre-tax profit also rose by 28.7%. This shows me that the role of Tesco as a defensive stock is playing out well. Given that the firm has managed to perform well during Covid-19 so far, even with increased costs, it could be in a strong position to take advantage of any post-Brexit opportunities. Tesco has averaged a gross profit margin of less than 5% for the past four years. Since the operating margins for supermarkets are slim, any deals struck as part of Brexit for subsidies or lower taxes could really benefit Tesco. 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. 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. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended Rightmove and 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. Simply click below to discover how you can take advantage of this. Here are 2 top British stocks that I think could get a Brexit bounce Jonathan Smith | Monday, 19th October, 2020 | More on: RMV TSCO “This Stock Could Be Like Buying Amazon in 1997” See all posts by Jonathan Smith
Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Why I’d buy this British technology stock for its impressive growth potential Simply click below to discover how you can take advantage of this. Kevin Godbold | Tuesday, 10th November, 2020 | More on: OXIG “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares 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. Who says all the technology stocks are in America! I think we’ve got a few of our own in the UK worth backing, such as Oxford Instruments (LSE: OXIG). Although the Covid-19 pandemic has affected the company’s operations, trading continued through the crisis. And today’s half-year results report reveals the forward potential for growth.Why I think Oxford Instruments is a top technology stockA scoot around the company’s website left me impressed by the range of techy products. If I’m looking for solutions in the areas of Atomic Force Microscopy or Optical Imaging, OXIG has it covered. Or, if I want to address my needs in Electron Microscopy, Nuclear Magnetic Resonance and Modular Optical Spectroscopy, I’d look no further than the company’s catalogue.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…Chief executive Ian Barkshire said in today’s report the company is positioned to provide high technology products and services “to the world’s leading industrial customers and scientific research communities.” And those customers use the company’s kit to image, analyse and manipulate materials down to the atomic and molecular level.And the numbers stack up well. There’s a multi-year record of profitable, cash-backed trading and the company has even been paying shareholder dividends. Meanwhile, the operating margin has been running around 12.5% and OXIG has achieved a return on capital just below 15%. I reckon those quality indicators suggest the company commands a well-defended trading niche in the market.However, today’s figures reveal a small dent to trading caused by the pandemic. Revenue slipped by 11% year on year, and adjusted earnings per share eased by just under 9%. But cash from continuing operations rose by just over 52%. And the firm’s net cash position on the balance sheet ballooned from around £14m to just over £81m.Growth in ordersAnd “robust” trading and positive cash generation through the period led to the directors declaring an interim dividend of 4.1p per share. I think that’s encouraging because the firm cancelled last year’s interim dividend in the early stages of the pandemic.Looking ahead, Barkshire explained there was “strong” order growth in the first half of the year and a “good improvement” in the order book. He expects the full-year performance to be “a little behind” last year but ahead of current analysts’ forecasts. And he thinks the company has “a solid foundation for future growth.” Meanwhile, the market appears happy with what it sees. Indeed, the share price is buoyant today.However, I think the valuation remains fair for a company with such long-term growth opportunities. With the share price at 1,900p, the forward-looking earnings multiple is just over 31 for the trading year to March 2022. And the anticipated dividend yield is around 0.8% with earnings expected to cover the payment around four times.I’m tempted to buy a few shares and tuck them away for the next 20 years to see how the growth story unfolds. 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. Kevin Godbold has no position in any share 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. See all posts by Kevin Godbold
ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/868170/casa-guaparo-nmd-nomadas Clipboard Area: 527 m² Year Completion year of this architecture project Save this picture!© Víctor Hugo Navarro+ 23 Share Venezuela, Bolivarian Republic of Casa Guaparo / NMD NOMADASSave this projectSaveCasa Guaparo / NMD NOMADAS Year: “COPY” CopyHouses•Naguanagua, Venezuela, Bolivarian Republic of Architects: NMD NOMADAS Area Area of this architecture project 2016 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/868170/casa-guaparo-nmd-nomadas Clipboard Manufacturers: AlupremiumConsultant In Landscape Architecture:Astrid PetzoldStructural Engineer:José RamírezElectrical Engineer:Fernando Domínguez2 D And 3 D Digitization:Janeth Boza3 D Images:Daniel Ferrer, MAAP3DDesign Directors:Claudia Urdaneta, Farid Chacón, Francisco Mustieles, Víctor MartínezDesign Team:Betzy Fernández, Paola Márquez, Angélica CereroCity:NaguanaguaCountry:Venezuela, Bolivarian Republic ofMore SpecsLess SpecsSave this picture!© Víctor Hugo NavarroRecommended ProductsEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsWindowsAir-LuxSliding Window – CurvedCeramicsGrespaniaWall Tiles – Wabi SabiText description provided by the architects. In the tropics, the rooms of a house may be inner and outer spaces overlapping each other; nature and the house are everywhere.Save this picture!© Víctor Hugo NavarroIt also seeks to express in the house a way of being characterized by understanding the inner and outer as domestic, even in the public and the open; where the exterior and interior are continuous as an expression without barriers of that expanded domesticity.Save this picture!Ground FloorThe house is located on the grounds of an old drive-in movie theater in the city of Valencia, industrial capital of Venezuela. This drive-in movie had already shaped the terrain in an east-west direction, cutting part of the slope of a hill and introducing a slope toward what was the screen of the cinema. The house is located next to one of those cuts of the land, on the high part of the slope.Save this picture!© Víctor Hugo NavarroThe basic idea is to provide the construction of spaces that can interact with the outside directly, linking the people with the surrounding nature and so the house does not become an airtight case that loses its connection to the outside, and also respecting the natural relief of most of the terrain.Save this picture!Section AThe strategy implemented in Guaparo House is to conceive the interior spaces as external and vice versa; therefore it is presented as a succession of unfolded interiors and exteriors sliding rooms:Two contained patios point out, with nature and light, the border between the private and the social.A swimming channel accompanies it in its lengthwise course.Save this picture!© Víctor Hugo NavarroOutdoor terraces, arranged in all its facades in different ways: the terrace next to the room generates the duplication of a closed space and when opening the doors generates a space open to the pool and outdoors; the terrace next to the kitchen generates an exit space to services but at the same time a space that will make working in the kitchen much more pleasant thanks to the connection with the outside; and the private terrace next to the rooms that incorporates he green from outside to the space of rest.Save this picture!© Víctor Hugo NavarroA half underground and covered terrace, as a plaza, will be the scene of multiple activities in which the intention of an open air cinema, in direct contact with the green areas, prevails.Save this picture!© Víctor Hugo NavarroThis succession of interiors and exteriors is accompanied by a horizontal ribbon that comes in and out, defining and showing the sliding rooms, enabling the interior-exterior domesticity. Underneath the ribbon, the interior-exterior dilation of the rooms of the house is framed, while, above, the ribbon defines exclusively in glass, the relationship of the interior with the natural environment where the house is located: on the skirt of the hill and the sky above, the relationship with the afterlife.Project gallerySee allShow less8 Exemplary Libraries Selected as Winners of 2017 AIA/ALA Library Building AwardsArchitecture NewsZaha Hadid Architects Unveils Designs for Sports-Centered Eco Technology Hub in EnglandArchitecture News Share Houses Photographs Casa Guaparo / NMD NOMADAS Photographs: Víctor Hugo Navarro Manufacturers Brands with products used in this architecture project ArchDaily Projects “COPY” CopyAbout this officeNMD NOMADASOfficeFollowProductsSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesNaguanaguaVenezuela, Bolivarian Republic ofPublished on April 06, 2017Cite: “Casa Guaparo / NMD NOMADAS” 06 Apr 2017. ArchDaily. Accessed 11 Jun 2021.
The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Abandoned Property Clear Boarding Property Preservation Robert Klein Safeguard Properties Vacant and Abandoned Homes zombie homes “It Just Appealed to Me”: Robert Klein’s Property Preservation Legacy in Daily Dose, Featured, News, REO, Servicing Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago May 9, 2018 3,681 Views Previous: How Much Home Can a Teacher Afford? Next: Industry Groups Petition FCC for Autodialer Clarification Demand Propels Home Prices Upward 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Demand Propels Home Prices Upward 2 days ago About Author: David Wharton Abandoned Property Clear Boarding Property Preservation Robert Klein Safeguard Properties Vacant and Abandoned Homes zombie homes 2018-05-09 David Wharton Subscribe The Best Markets For Residential Property Investors 2 days ago Last week, DS News was sad to report the death of industry icon Robert Klein, Founder and Chairman of Safeguard Properties. Under Klein’s stewardship, Safeguard grew from its humble beginnings as a two-man operation in a basement office into a national mortgage field services business worth millions of dollars and employing hundreds of professionals. Klein was also Founder and Chairman of SecureView, Founder and Chairman of Community Blight Solutions, and Founder and Chairman of RIK Enterprises.After his death, DS News reached out to several of Klein’s colleagues who knew him as both a consummate professional and a generous friend. You can read those reminiscences here, but today DS News looks back at Klein’s legacy within the industry.Back in 2015, as Safeguard Properties was celebrating its 25th anniversary, Klein sat down with DS News for a cover-story feature profile (which you can read here). Looking back at Safeguard’s beginnings, Klein couldn’t quite explain why he’d become interested enough in property preservation to actually start a company dedicated to it. “I can’t really tell you why: it just appealed to me,” Klein told DS News. “I just liked the concept of doing property inspections for mortgage companies.”That interest served him well. In the days before the housing crisis, however, inspections of vacant properties were not necessarily given the attention they would come to receive. “The field service industry in those years did not have a good reputation, and it was my job to change that reputation.”Klein began to work toward that goal in several ways, including requiring that his inspectors actually perform complete visual inspections of the properties—contrary to the trend of “drive-by inspections” that were commonplace at the time. Klein reached out to HUD representatives to inform them of the changes. When HUD asked why he was committed to going the extra mile, Klein told them, “We’re going to go inside the property to see it, so that we can save you millions of dollars in damages.”HUD soon made Klein’s monthly full inspection approach policy, informing inspectors that if they did not comply, they would be held responsible for any subsequent damage. Klein helped establish the industry standard for property inspections.“The whole concept of looking out for the industry and not just Safeguard was my goal,” Klein told DS News in 2015. “It was the right thing to do.”Klein continued to build relationships with the federal agencies tasked with overseeing the housing and mortgage industries, but he didn’t stop there. In 2004, he launched the industry’s first property preservation conference, bringing together various competing companies to ensure collaboration toward best practices across the board. When industry-impacting events such as Hurricane Katrina happened, Klein would often arrange conference calls to hash out the challenges being faced and the lessons learned.In September 2016, DS News again interviewed Klein, at that point serving as Chairman and Co-Founder of SecureView and a passionate advocate against community blight and zombie homes. Klein was a strong proponent of replacing plywood with polycarbonate clear boarding—another change that is well on its way to becoming an industry standard.“This product has all the benefits of what we need in the industry to secure vacant properties,” Klein said at the time. “This is what I have been focusing on in the past two years, and I’m not trying to brag, but I am right.” Many agreed—Fannie Mae banned the use of plywood to secure vacant properties in March 2017, and many local governments have since followed suit.During his 2016 DS News interview, Klein highlighted another major challenge within the field of property preservation: fast-tracking vacant properties so they can get back on the market. Again, this issue is something many in the industry are working to address.DS News tips its hat to the life and legacy of Robert Klein, and offers its condolences to his friends and family. He was a true industry icon, gone too soon. The Best Markets For Residential Property Investors 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / “It Just Appealed to Me”: Robert Klein’s Property Preservation Legacy Governmental Measures Target Expanded Access to Affordable Housing 2 days ago
Newsx Adverts Gardai investigate arson attack at Letterkenny garage Facebook Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Gardai continue to investigate Kilmacrennan fire WhatsApp Gardai are investigating an overnight arson attack on a car parked at Hegarty’s Garage on the outskirts of Letterkenny.The garage was closed for a time this morning while forensic experts examined the car ; it’s understood one theory being investigated is that the damaged vehicle, which belonged to a customer, was specifically targetted.Garage spokesperson Andrew Hegarty has been outlining what happened:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/07/hegarty3.mp3[/podcast] Twitter Pinterest Facebook Google+ Pinterest By News Highland – July 1, 2010 Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHOR Previous articleConcern for man missing in DerryNext articleFunding confirmed for new Gweedore library News Highland 365 additional cases of Covid-19 in Republic 75 positive cases of Covid confirmed in North Further drop in people receiving PUP in Donegal Google+ WhatsApp
News UpdatesChhattisgarh HC & Subordinate Courts To Resume Regular Functioning From May 18; Guidelines Issued [Read Order] LIVELAW NEWS NETWORK16 May 2020 9:07 AMShare This – xThe Chhattisgarh High Court has decided that the High Court and the Subordinate Courts will start regular/ normal functioning w.e.f. May 18, 2020 and only a limited number of cases (fresh cases and more than 05 years old cases) will be taken up for hearing. Pertinently, the summer vacation of the High Court was scheduled to end on June 12, 2020 however the same was cancelled vide…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Chhattisgarh High Court has decided that the High Court and the Subordinate Courts will start regular/ normal functioning w.e.f. May 18, 2020 and only a limited number of cases (fresh cases and more than 05 years old cases) will be taken up for hearing. Pertinently, the summer vacation of the High Court was scheduled to end on June 12, 2020 however the same was cancelled vide order May 7, 2020. The following guidelines have been issued to avoid the spread of pandemic in the court premises: Limited number of cases (fresh cases and more than 05 years old cases, targeted for hearing and disposal).If any lawyer finds practical difficulty in regular filing, it can be done through e-filing and the said case will be listed before an appropriate bench as per the roster on such date and time as approved by the Hon’ble Chief Justice.Only those lawyers whose cases are listed or those who want to file cases/ documents would be allowed.Only one clerk for one team of lawyers would be allowed. This is not applicable for AG/ASG office.At the most, two lawyers per case would be allowed. This is not applicable for AG/ASG office.Litigants, unless directed to appear personally, shall not be allowed entry. This is not applicable forAG/ASG office.Photocopiers/ Typists shall not be allowed entry.Any lawyer, litigant, officer, clerk, driver who has come from outside the State after 01.04.2020, shall seek permission of RG/ designated authority a day before.No one shall be allowed entry in the office area except filing/ copying/default removing counter.No refreshment/ tea/ food stall shall be allowed. Those permitted entry are advised to come with their own arrangement of eatables/ water. However, water dispenser would be allowed in the court premises.Thermal screening is necessary; Masking of face and social distancing will have to be strictly followed. Any violation may result in denial of entry in future; Spitting, loitering etc. are strictly prohibited; Dust bins should be used for disposal of waste papers/ paper napkins. Ina addition to the above, it is intimated that at Subordinate Courts in the Green & Orange Zones will operate in the following manner: a) Courts of HJS- from 11.00 A.M. To 02.00 PM b) Court of LS- from 02.00 P.M. To 05.00 PM For Subordinate Courts in the Red Zone it is instructed they will function as they were functioning during lockdown period or as per the directions issued by the District Judge concerned/Principal Judge/Judge of the Family Court/Judge- Commercial Court/Special Judge (SC/ST), Member Judge (Industrial Court), Judge (Labour Court) etc., from time to time. Examination of witnesses As far as possible, taking of evidence with physical presence may be kept in abeyance till normalcy is restored and the summoning/presence of witnesses Shall be avoided. So also the presence of the accused need not be insisted except under the compelling circumstances and to be done in accordance with law, preferably through Video Conferencing. It shall be for the District Judge concerned to formulate ways and means and take necessary steps to an appropriate extent. It will be carried out only in those urgent matters as and when decided by the Presiding Officer of the concerned Court.It shall be open for the District Judge concerned/Principal Judge/Judge of the Family Court/Judge- Commercial Court/Special Judge (SC/ST), Member Judge (Industrial Court), Judge (Labour Court) etc. to deploy requisite extent of the staff (on rotation or otherwise) to get the work done maintaining the social distancing norms. Click Here To Download Order Read Order Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
Gardai issue appeal after windows smashed at Muff home Loganair’s new Derry – Liverpool air service takes off from CODA WhatsApp Important message for people attending LUH’s INR clinic Gardai in Buncrana are appealing for witnesses after a number of windows at a home in Muff were smashed.Between 9:30am and 1:20pm on Tuesday April 13th, the windows of two bathrooms and the sitting room window were smashed as well as glass in the front door at a house in the Whitehill area.Gardai are appealing particularly to residents in the area with any information to come forward.Meanwhile, investigations are also underway after a window was smashed at a house in Letterkenny in the early hours of this morning.Sometime between 2.10am and 2.20am, a resident in the Fairgreen Hill area was wakened by a loud bang.Upon going downstairs they discovered that their living room window had been smashed.Gardai are urging anyone with information to contact them at Letterkenny Garda Station. Google+ Pinterest By News Highland – April 20, 2021 Arranmore progress and potential flagged as population grows Homepage BannerNews DL Debate – 24/05/21 RELATED ARTICLESMORE FROM AUTHOR Pinterest Twitter Facebook Facebook Twitter Google+ News, Sport and Obituaries on Monday May 24th WhatsApp Nine til Noon Show – Listen back to Monday’s Programme Previous articleNo referendum on united Ireland for ‘very, very, long time’ – JohnsonNext articleDonegal company to create over 40 new jobs in Strabane News Highland
Comments are closed. Lower wages and more flexibility means that many UK companies are choosing tooutsource aspects of their business to the sub continentAcademics and HR practitioners have long bemoaned the damaging impact of theglobal economy on the international labour market. Initiatives have been launched aimed at creating a level playing field inemployment conditions and reducing ‘social dumping’, whereby multinationalsrelocate their labour requirements because of poorer, and therefore cheaper,employment practices. The International Labour Organisation is spearheading these, and the EU isusing its generalised system of preferences (a system of tariff reductions) topromote basic labour standards across the globe. But less work has been undertaken on outsourcing, as opposed to directemployment, in foreign countries. Outsourcing within the UK has beenfashionable for decades, allowing a corporation to increase efficiency,sometimes cut costs and refocus its business back to core competencies.Everything that is non-core can be outsourced, from cleaning to call centres,from security to storage. But globalisation of business has brought a new dimension. In September,Abbey National signed an outsourcing deal with an Indian supplier to deliverlarge-scale IT projects. Prudential, the insurance company, proposed to cut 850jobs on a transfer of call centre work to India, and is expected to save £16mper year. Outsourcing to India and the Far East is high on the agenda of majorcorporations. Companies that have reportedly used offshore outsourcing as a business toolinclude BP, Motorola, Compaq, Ford, Skandia and Unum. Of course, outsourcing has also taken place to areas other than the Indiansub-continent and the Far East, such as Ireland, Canada and The Netherlands.Tax breaks for companies delivering support operations there have beenattractive. But the Indian sub-continent is a paradigm. It has an IT-literate workforce,language capability, employees amenable to the rigours of quality assurance andhigh productivity – often a longer working day than in Europe. Furthermore, ithas been estimated that 200,000 engineers graduated from Indian universities in2002, and this figure is rising. Two major factors are cost and flexibility. The workforce is lower paid thanin Europe, and taking advantage of the time zone difference means that aninternational corporation can, in practice, operate over a 24-hour day. Pakistan and the Philippines are also strong competitors, attractingcustomers who are prepared to balance lower costs against geo-politicaluncertainties. But what of the UK employees whose jobs are outsourced in this way? RogerLyons, general secretary of the union Amicus, described the Abbey National joblosses as “a despicable act”. If the outsourcing took place within the European Union, laws generated byBrussels in the form of the Acquired Rights Directive (in Britain, known as theTransfer of Undertakings (Protection of Employment) Regulations 1981 or TUPE)protect many employees on outsourcing by obliging the new service provider tocontinue the employment of the employees concerned, with no job losses. Butthis protection (apart from information and consultation before the transfer)does not apply once employees’ jobs are outsourced outside the EU, for example,to India. Although redundancy payments would be due, sometimes these amount to no morethan the statutory minimum (in the case of shorter serving workers, often a fewweeks pay only) and the chances of redeployment (unless you are a senior teamplayer given the job of managing the interface between service provider andyour company) are slim. The introduction of new technology has always posed a risk for workers’security of employment. Global outsourcing of information technology andcustomer service functions raises the stakes. With Indian sub-continent and Far Eastern countries chasing more businesshard, job losses are bound to continue as UK companies are charmed by theeconomic advantages. By John McMullen, Head of employment law, Pinsent Curtis Biddle British staff will suffer if firms outsource abroadOn 14 Jan 2003 in Personnel Today Previous Article Next Article Related posts:No related photos.
Comments are closed.The Three Failures of Performance Appraisal | People Performance PotentialShared from missc on in Personnel Today The Three Failures of Performance Appraisal | People Performance PotentialShared from missc on 15 Apr 2015 in Personnel Today Read full article Related posts:No related photos. Previous Article Next Article Related posts:No related photos. Read full article Previous Article Next Article Comments are closed.
Landowner immunity for trail access02/02/2018 01:10 PM ESTThe House Judiciary Committee heard HB 1115 authored by Rep. Hamilton and Rep. Culver on landowner immunity for trail access. The bill amends current law to include limitations on a landowner’s liability for an injury to a person or property caused by an act or failure to act of another person using the landowner’s premises for […] Crimes involving synthetic drugs02/02/2018 01:21 PM ESTThe Senate Corrections and Criminal Law Committee heard SB 131 on crimes involving synthetic drugs, authored by Sen. Bohacek. The bill makes certain offenses involving synthetic drugs an enhancing circumstance and removes certain misdemeanor prosecutions concerning synthetic drugs and synthetic lookalike drugs from eligibility for conditional discharge. The Indiana Prosecuting Attorneys Council supported the bill. The bill […] Termination of parental rights02/02/2018 01:13 PM ESTThe Senate Judiciary Committee heard SB 402 on termination of parental rights, authored by Sen. Becker. The Committee heard the bill for amend and vote only. The bill was amended by consent to remove all provisions of the bill except for the provisions requiring the pre-dispositional report to be made available 48 hours before a hearing. […] Notarial acts02/02/2018 01:14 PM ESTThe Senate Civil Law Committee heard SB 372 authored by Sen. Holdman on notarial acts. This bill makes technical changes to standardize language concerning registration of trademarks and regulation related to notarial acts. It specifies requirements related to notarial acts, including use of electronic documentation and technology for electronic notarial acts and for remote notarial […] Misleading or inaccurate caller identification02/02/2018 01:20 PM ESTThe Senate Civil Law Committee heard SB 222 authored by Sen. Head on misleading or inaccurate caller identification. This bill provides that a person who knowingly violates the statute concerning the transmission of misleading or inaccurate caller identification information commits a Class A misdemeanor or if the person has a previous unrelated conviction under the […] Creditors’ rights02/02/2018 01:18 PM ESTThe Senate Judiciary Committee heard SB 247 on creditors’ rights, authored by Sen. Koch. The bill makes various changes to Medicaid, probate, and trust law relating to creditors’ claims, claims against non-probate transferees, and no contest provisions in wills and trusts. The bill was amended by consent to make numerous amendments to language relating to […] Service animals02/02/2018 01:18 PM ESTThe Senate Civil Law Committee heard SB 240 authored by Sen. Leising on service animals. The author clarified that this bill is for emotional support animals not service animals. The bill specifies that a landlord may not ask an individual with a disability who seeks to use an emotional support animal about the existence, nature, […] Delinquent self-storage facility rents02/02/2018 01:09 PM ESTThe House Judiciary Committee heard HB 1194 authored by Rep. Speedy on delinquent self-storage facility rents. The bill amends current law to allow a self-storage facility owner to impose and collect a late fee from renters. This bill also authorizes the facility owner to recover all reasonable costs and expenses of rent collection and lien enforcement. The […] Houses of worship and firearms02/02/2018 01:22 PM ESTThe Senate Judiciary Committee heard SB 33 on houses of worship and firearms, authored by Sen. Sandlin. The bill permits a person who may legally possess a firearm to possess a firearm on school property if the person possesses the firearm: (1) as an employee or volunteer of a house of worship located on the school […] Impaired driving offenses02/02/2018 01:12 PM ESTThe Senate Corrections and Criminal Law Committee heard SB 404 on impaired driving offenses, authored by Sen. Koch. The bill does the following: changes the term “under” to “in accordance with” in certain statutes concerning defenses involving the use of valid prescriptions while operating a motor vehicle creates the offense of operating a vehicle while […] Controlled substance dispensing02/02/2018 01:15 PM ESTFor amend and vote only, the Senate Civil Law Committee heard SB 339 authored by Sen. Merritt on controlled substance dispensing. The bill requires a pharmacy and pharmacist to sell or dispense a schedule II controlled drug in a lockable vial and bill the drug manufacturer for the cost of the lockable vial. The bill […] Maintaining a common nuisance02/02/2018 01:21 PM ESTThe Senate Corrections and Criminal Law Committee heard SB 140 on maintaining a common nuisance, authored by Sen. Young. The bill provides a defense to the crime of maintaining a common nuisance if: (1) the location was not primarily used for specified unlawful acts; (2) the charged offense involves less than a specified quantity of marijuana, […] Asbestos litigation02/02/2018 01:10 PM ESTThe House Judiciary Committee reheard HB 1061 authored by Rep. Lehman and Rep. Torr on asbestos litigation for amend and vote only. The bill specifies the causes of action that may constitute a product liability action. The bill was amended to assign to a study committee the issue of the appropriate statute of repose duration in product […] Office of Judicial Administration02/02/2018 01:19 PM ESTThe Senate Judiciary Committee heard SB 238 on the Office of Judicial Administration, authored by Sen. Bray. The bill does the following: changes all references to the Division of State Court Administration and the Judicial Center to the Office of Judicial administration changes all references to the executive director of the Division of State Court Administration […] Immunity for reports of suspected abuse or neglect02/02/2018 01:11 PM ESTFor amend and vote only, the Senate Civil Law Committee heard SB 431 authored by Sen. L. Brown on immunity for reports of suspected abuse or neglect. The bill provides immunity from civil and criminal liability for a person who assists with or participates, and a health care provider who provides professional intervention in an […] Criminal law matters02/02/2018 01:16 PM ESTThe Senate Corrections and Criminal Law Committee heard SB 292 on criminal law matters, authored by Sen. Young. The bill does the following: repeals the offense of auto theft and receiving stolen auto parts provides that a person who knowingly or intentionally exerts unauthorized control of a motor vehicle or a component part of a motor […] Department of Child Services02/02/2018 01:12 PM ESTThe Senate Family and Children Services Committee heard SB 428 authored by Sen. Zay on Department of Child Services (DCS). The bill requires the local school to participate in a case conference in a CHINS case when DCS prepares a pre-disposition report and requires DCS to share drug test results. Two local school representatives discussed […] Children in need of services.02/02/2018 01:14 PM ESTThe Senate Family and Children Services Committee heard SB 381 authored by Sen. Messmer on children in need of services (CHINS). The author explained that when one child in the home is sexually abused, all children in the home are removed; however, if one child is physically abused, not all children are removed. The bill […] FacebookTwitterCopy LinkEmail Attached below is the Legislative Update from Indiana Courts. A new issue is available below, or visit http://indianacourts.us/legislative.Unlawful encroachment by a sex offender published on 02/02/2018 01:23 PM ESTThe Senate Corrections and Criminal Law Committee heard SB 12 on unlawful encroachment by a sex offender, authored by Sen. Bohacek. The bill provides that a sex offender who establishes a residence: (1) with the intent to reside at the residence; and (2) within a one-mile radius of the residence of the victim of the […] School property and religious institutions02/02/2018 01:15 PM ESTThe Senate Corrections and Criminal Law Committee heard SB 295 on school property and religious institutions, authored by Sen. Mrvan. The bill permits a sex offender to enter school property if: (1) a religious institution or house of worship is located on the school property; (2) the person enters the school property for the sole […]