Endless buys struggling iconic luggage brand Antler from private equity firm LDC

whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoArticles SkillLove Is In The Air Thanks To These Celeb CouplesArticles SkillUndoYourStipIf You Eat Onion Every Day, This Can Happen to Your BodyYourStipUndoSenior Living | Search AdsSenior Care Facilities in The USA Might Surprise YouSenior Living | Search AdsUndo5 Min TricksStick a Rose Into a Potato and See What Happens5 Min TricksUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoMilitary BudChaz Bono Is So Skinny Now And Looks Like A ModelMilitary BudUndoWeniixTop 5 best grand tourers 2021 – WENIIXWeniixUndoFeli CollectionOn The Go Pet Water SupplyFeli CollectionUndo Antler has recently pushed ahead with launching a new line, a lightweight range called Atom which makes use of super-strong material Armordon.The investment is the fourth deal by Endless in a fortnight, after it acquired business travel company CTI, its portfolio company Essential Fleet Services acquired Go Plant, and its smaller Enact fund bought pet food retailer Kennelpak. Wednesday 26 July 2017 10:32 am Share Endless buys struggling iconic luggage brand Antler from private equity firm LDC whatsapp However Endless has a strong track record in turning such businesses around, having made a strong return on investment when it bought the West Cornwall Pasty Company out of administration and later sold it on, and more recently buying Jones Bootmaker and jewellery brand Theo Fennell out of administration.“We are delighted to have invested in this iconic British brand. With fresh investment and hands-on support from Endless, we believe Antler is capable of delivering strong sales and profit growth in the future,” said the firm’s partner Tom Jack.The business now has turnover of £35m, compared to £31.63m in 2014, and employs 280 people in London and across 32 UK retail locations.LDC will retain a small minority stake in Antler, which also owns the Revelation luggage brand.Simon Adcock, LDC’s senior portfolio director, said: “This is a good outcome for all parties. Bringing an external investor on board provides management with an opportunity to deliver their ambitious growth plan, and to further invest in the Antler and Revelation brands both in the UK and overseas in what remains a growing market.” Private equity house Endless, which specialises in moving businesses on after a challenging period, has bought struggling luggage retailer Antler from fellow firm LDC.Since LDC invested in the business in 2010, Antler has been through some tricky periods. In its last filed accounts, for the year ending December 2014, the company made an operating loss of almost £2.8m. Lucy White More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPuffer fish snaps a selfie with lucky divernypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com read more

Mongolia looks to Alaska for help handling domestic violence

first_imgHealth | Nation & World | Sexual Abuse & Domestic ViolenceMongolia looks to Alaska for help handling domestic violenceJanuary 28, 2016 by Laura Kraegel, KNOM Share:Efforts to end domestic violence brought a delegation from Mongolia to Nome Monday. The group — made up of social workers, shelter managers, police officers, and more — was there to learn how Alaska is addressing high rates of sexual assault and domestic violence. Mongolian delegates and local leaders discussed the hard issues affecting both communities over lunch.It’s noon at Nome’s United Methodist Church, and the Iñupiaq choir welcomes over a dozen Mongolian delegates with a performance of “Praise Ye the Lord.”The music kicks off a meeting hosted by members of the Bering Sea Women’s Group, the Nome Social Justice Task Force, and other community leaders. Beyond forming new friendships and sharing homemade salmon patties, the goal is to give their Mongolian counterparts an idea of how Alaska responds to domestic violence.When it comes to this issue, the two places have a lot in common. That’s according to Tuvshinjargal Gantumur, a psychologist and manager at the National Center Against Violence in Mongolia. Through a translator, she said the similarities between Alaska and Mongolia are what made the delegation eager to take this “study trip.”“There are some similar statistics and rates. Like the rates of domestic violence and sexual assault cases — they’re relatively high right now. And in terms of geography, we also have rural areas — where people are scattered — in Mongolia. So all the experiences that Alaskan people have already achieved will be interesting for us.”The delegates heard all about those experiences from their first stops in Juneau and Anchorage to their final visit in Nome, where they toured the Anvil Mountain Correctional Center, Norton Sound Regional Hospital, and the district attorney’s office before learning about specific Nome initiatives against domestic violence.Ultimately, though, the Monday lunch meeting wasn’t really about statistics or hands-on training. Instead, the main message from Nome leaders was that no community can address domestic violence with getting at the cause. And for many places, including Alaska and Mongolia, that means understanding how colonization and racism have inflicted lasting trauma on Native people — and how that trauma manifests in domestic violence and other social issues that aren’t easily solved.With that attitude in mind, Gantumur said the delegation is excited to get back home and continue their work, with new insight from — and an ongoing relationship with — their new connections in Alaska.“We have a lot planned when we go back. We will do advocacy towards changing the legislation implementation process and also prevention activities. We are also planning to have consultants from Alaska come over to Mongolia, so they will also teach us in the field.”Returning the favor, the Mongolian delegates wrapped up the meeting with some music of their own. Performed in the Mongolian language, they said their song was about a mother’s unconditional love.Share this story:last_img read more

How companies can help communities

first_img Share Show Comments ▼ Tags: World Charity Index 2014 whatsapp Express KCS center_img How companies can help communities Thursday 18 December 2014 1:04 am whatsapp Organisations should think outside the box to achieve more social good.Let’s say that a single individual, employed at a major financial company or a large corporation, wants to improve the way their organisation contributes to society. She wants to make sure it achieves more “social good”. It’s an ambitious aim, and not unheard of. What are her options? There are some obvious initiatives to begin with, which will already be in place at most major companies. Lots of businesses offer ‘charity of the year’ awards and matchfunding for sponsored runs, and so on—and if these are missing, they probably won’t be difficult to set up. Even on bigger projects, our ambitious employee may find less resistance than they expect. Memories of the financial crash might be giving way, finally, to optimism about nascent financial growth, but the financial sector can hardly ignore the reputational damage to the whole sector. Big firms have good PR reasons to show that they are trying to help the communities in which they work. One task, then, would be to try and influence what this help looks like. Beyond the PR gloss, is the company actually doing something substantial and impactful? More or less anyone can paint a cricket pavilion or host a fundraiser, and it’s hard to see why the best brains in the city add particular value here. Wouldn’t a small charity benefit much more from a day’s pro-bono expert legal advice, for example, or from intensive financial training? And on the chosen charity: does it fill a gap, and do so effectively? Does your investment help them plan for the future, so that they can think beyond the short-term? All of this is an adjunct to everyday business, though, and the most powerful argument against even quite thoughtful corporations is that far more damage gets done through business practices than can ever be off-set by separate, marginal actions to help society. It is difficult to argue against this. Many decisions do have a detrimental effect on society, from the way supply chains are developed to environmental footprints and the handling of financial risk. Pushing through pro-societal systemic changes is far more complex. On the positive side, our employee may also find plenty of allies. Deloitte’s Millennial Survey this year found that a majority of the new generation coming through the ranks of big corporations—from graduate recruits to boardroom high-flyers—genuinely care about this stuff. They want to feel good about the company for whom they work, and to show off how they have steered the organization towards ethically decent decisions. This may also provide a market edge, of course, if the pursuit of social good distinguishes one company positively from those around it. This will soon hit challenges. How on earth do you measure (and promote to colleagues and bosses) the benefits of a decision to change your supply chain to one more dominated by social enterprise, or to spend more on making sure your factory overseas doesn’t burn down? In a field where this sort of work is rare, how do you produce metrics that allow you to compare yourself to others? That something is hard is never an excuse for not trying, though. People have already started making progress in some areas, especially where there are common metrics, like the amount of carbon produced. Groups like NPC can help you think about social returns, and an organization like Business in the Community (BITC) can bring its expertise to bear. So too can the grand ideas of impact investing, recently highlighted by a G8 Taskforce, which promises more and better social investment across the world. Our ambitious, socially-responsible employee need not despair. Dan Corry is Chief Executive of NPC For the full World Charity Index 2014 list take a look at our interactive graphic  last_img read more

An interview with Bill Nye: ‘Respect the science!’

first_imgDon’t Miss @rickberke By Rick Berke March 14, 2017 Reprints STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Co-founder & Executive Editor [email protected] AUSTIN, Texas — For a generation of school kids, Bill Nye is zany and fun-loving, “America’s favorite scientist.’’A mostly flattering new documentary about the science educator, author, and mechanical engineer, which premiered here Sunday at the South by Southwest festival, chronicles how Nye drew inspiration from Carl Sagan as well as how he sparred with creationists and climate change deniers. GET STARTED Log In | Learn More center_img What is it? About the Author Reprints Rick Berke Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Tags CRISPRgeneticspolicyWhite House What’s included? Dave Kotinsky/Getty Images An interview with Bill Nye: ‘Respect the science!’ last_img read more

Ministry of Agriculture Assists Egg Farmers

first_imgAdvertisements Ministry of Agriculture Assists Egg Farmers UncategorizedApril 4, 2007 FacebookTwitterWhatsAppEmail The Jamaica Egg Farmers’ Association yesterday (April 4), received a $15 million loan from the Ministry of Agriculture and Lands, to assist in the establishment of a liquid egg plant.Speaking at the presentation ceremony, which was held at the Ministry’s Old Hope Road offices, Minister of Agriculture and Lands, Roger Clarke stressed that the loan was an indication of the Government’s commitment to the development of the sub-sector.Mr. Clarke explained that in light of the increasing demand for pasteurized liquid eggs by hotel operators, as pasteurization ensures that eggs are safe from food borne diseases, the establishment of this processing facility was indeed timely.He also noted that there is a significant demand for this product from hotel operators in the CARICOM region and to date, Jamaica is the only Caribbean territory that is establishing a facility to produce pasteurized eggs.“Given the requirements of international food safety standards, hotels are demanding pasteurized, liquid egg. This has made it necessary for the hospitality industry to import liquid eggs at prohibitively high prices, which in turn, is impacting negatively on our local egg farmers’ market share,” the Minister pointed out.He noted that this new facility would not only assist the hotel industry to meet international food safety standards, but it would also serve to absorb the excess production of eggs.“The Jamaica table egg industry produces and supplies an average of 11.2 million dozen eggs each year. In fact, last year’s egg production figures totalled 157 million. The downside of this is that Jamaica’s average per capita consumption stands at one egg per person, per week. This, together with the seasonal demand for eggs at Easter and to a greater extent at Christmas time, often result in excess inventory, leading to wastage,” the Minister said. Citing the profitability of establishing a liquid egg plant, Mr. Clarke mentioned the findings of a market survey on the egg industry by the Agricultural Support Services Project (ASSP), in 2005, which indicated that 75 per cent of commercial establishments surveyed, which were currently importing liquid eggs, were in favour of using liquid eggs, based on its convenience and the increased shelf life.Meanwhile, President of the Egg Farmers’ Association, Mark Campbell said that the plant, which is located at Freeport in Montego Bay, is 98 per cent complete and should be officially opened within the next three weeks. RelatedMinistry of Agriculture Assists Egg Farmerscenter_img RelatedMinistry of Agriculture Assists Egg Farmers RelatedMinistry of Agriculture Assists Egg Farmerslast_img read more

Consumers Urged to Check Badges and Certificates of Pest Control Operators

first_imgRelatedConsumers Urged to Check Badges and Certificates of Pest Control Operators RelatedConsumers Urged to Check Badges and Certificates of Pest Control Operators Consumers Urged to Check Badges and Certificates of Pest Control Operators UncategorizedJune 26, 2007 RelatedConsumers Urged to Check Badges and Certificates of Pest Control Operatorscenter_img FacebookTwitterWhatsAppEmail The Pesticides Control Authority (PCA) is urging the public to check the badges and certificates of pest control operators to ensure that they are valid.“One of the challenges we [PCA] face is that we have issued certificates to pest control operators and these certificates expire after a particular time, but the consumer might not be sensitive enough to look for the expiration date,” Registrar of the PCA, Hyacinth Chin Sue Walters told JIS News.Certificates and badges expire every three years, however the Registrar said that due to several reasons, such as the lack of liability insurance, which has become mandatory since 2006, a few pest control operators fail to re-register.“So what we want consumers to do is to have a look at their badge, which should be presented prior to commencing the work. Specifically ask the pest control operator when their certification expires or call us, to check if their certification has expired,” she advised.This process should be followed, Mrs. Chin Sue Walters said, even if the operator has been assessed competent in the area, having undergone training organized by the PCA. “The consumer may feel comfortable with this knowledge but we have to enforce the need for the operators to re-register,” the PCA Head said. The registering of pest control operators commenced in 2001 and currently, there are 110 officially registered.The PCA is the governing body mandated through the Pesticides Act of 1975 to carry out the regulation and control of pesticide usage in Jamaica. Advertisementslast_img read more

UK PM to announce largest military investment in

first_imgUK PM to announce largest military investment in Multi-year settlement will allow MoD to invest in next-generation military capability, defending our people from new and evolving threats and protecting the world’s most vulnerable while creating 10,000 jobs annually across the UKDefence settlement underpins wider drive to use our foreign policy to defend free and open societiesMajor announcements mark the first conclusions from the Integrated Review of the UK’s foreign, defence, development and security policyThe biggest programme of investment in British defence since the end of the Cold War will be announced today [Thursday] by the Prime Minister.In a speech to the House of Commons he will set out a £16.5 billion increase above the manifesto commitment over four years that will protect our citizens, help us build back better from coronavirus by creating thousands of new jobs and demonstrate to our allies they can always count on the UK.Our defence forces are operating in a rapidly changing world. This spending increase recognises the need for them to undertake a generational modernisation programme in order to defend the UK, our allies and the world’s most vulnerable people.Since the Cold War the threat from our adversaries has been evolving. Our traditional defence and deterrence capabilities remain vital, and our Armed Forces work every day to prevent terror reaching the UK’s shores. But our enemies are also operating in increasingly sophisticated ways, including in cyberspace, to further their own interests.Rather than being confined to some distant battlefield, those that seek to do harm to our people can reach them through the mobile phones in their pockets or the computers in their homes. To protect our citizens, UK Defence therefore needs to operate at all times with leading, cutting-edge technology.Our Armed Forces are also working in a broader range of areas than ever before to protect the most vulnerable people in the UK and around the world. Over the course of the coronavirus pandemic in the UK over 20,000 personnel have been made available to deliver PPE, run testing sites and ensure those in the most remote areas can receive the medical care they need.Defence has also been on the front line responding to every major international humanitarian disaster of the last decade. In the last year alone HMS Enterprise has come to the aid of Lebanon following the explosion in the Port of Beirut, RFA Argus and Army personnel have delivered disaster relief to Central American countries ravaged by Hurricane Eta, and the RAF has transported vital medical supplies to communities struggling against coronavirus in West Africa and the UK’s Overseas Territories.The Prime Minister, Boris Johnson, said:I have taken this decision in the teeth of the pandemic because the defence of the realm must come first.The international situation is more perilous and more intensely competitive than at any time since the Cold War and Britain must be true to our history and stand alongside our allies. To achieve this we need to upgrade our capabilities across the board.This is our chance to end the era of retreat, transform our Armed Forces, bolster our global influence, unite and level up our country, pioneer new technology and defend our people and way of life.The £16.5 billion extra in the Ministry of Defence’s budget over the next four years is the amount over and above the manifesto commitment. The Government has already pledged to increase defence spending by 0.5% above inflation for every year of this parliament. On existing forecasts, this is an overall cash increase of £24.1 billion over four years compared to last year’s budget.It will also cement the UK’s position as the largest defence spender in Europe and the second largest in NATO.The commitment will allow the Government to invest in cutting-edge technology, positioning the UK as a global leader in domains such as cyber and space and addressing weaknesses in our defence arsenal that cannot be allowed to continue. To support these advancements the Prime Minister will also announce a new agency dedicated to Artificial Intelligence, the creation of a National Cyber Force to protect our people from harm and a new ‘Space Command’, capable of launching our first rocket in 2022.This will be underpinned by a record investment of at least £1.5 billion extra and £5.8 billion total on military research and development and a commitment to invest further in the Future Combat Air System. This reverses the systematic decline in this crucial area in the last thirty years, creating new advances which surmount the old limits of logistics and go beyond military use with a vast number of civilian applications such as autonomous vehicles and aviation.These projects are expected to create up to 10,000 thousand jobs annually across the UK. These will reflect the expertise and ingenuity of British people both inside and outside our Armed Forces, harnessing the UK’s skills in construction and science and reinvigorating those industries in the coming decades.The Defence Secretary, Ben Wallace, said:This is excellent news for Defence, and provides us with the financial certainty we need to modernise, plan for the future and adapt to the threats we face. It demonstrates the Prime Minister’s recognition of how important Defence is to our resilience and to the reputation of the United Kingdom.This settlement secures UK jobs and livelihoods, allows us to invest in our fantastic shipyards and aerospace industry, spreading prosperity to every corner of the UK.Next year represents a huge opportunity for this country, and Defence will be at the forefront of creating the jobs and business opportunities that will help us build back from the pandemic.Over the next few months I will set out in more detail our ambitious agenda for Defence.Today’s announcements mark the first outcomes from the Integrated Review of the UK’s foreign, defence, development and security policy. The full conclusions of the Integrated Review will be announced in the new year. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Africa, america, artificial intelligence, Beirut, Boris Johnson, defence force, Europe, Government, Humanitarian, intelligence, lebanon, mobile phone, NATO, Prime Minister, UK, UK Government, United Kingdomlast_img read more

Ecofiesta returns in 2021 with a new venue

first_imgEcofiesta returns in 2021 with a new venue Cairns Ecofiesta has a new home in 2021 with Munro Martin Parklands hosting the Far North’s premier sustainability festival on Sunday 13 June.The new venue, with more space to spread out and plenty of greenery, will bring a new level of ‘Eco’ to Ecofiesta.Ecofiesta was cancelled in 2020 because of COVID-19, but returns this year with a renewed emphasis of turning ideas into actions.Local eco-businesses, artisans, food and drink vans, entertainers, not-for-profit organisations and volunteers are invited to get involved in Cairns Ecofiesta 2021 through an online application process on Cairns Regional Council’s website.Cairns Mayor Bob Manning said the free community festival combined environmentally friendly products and sustainable living ideas with entertainment, fun, food and importantly education.“While the past 12 months of restrictions and lockdowns have presented us with many environmental challenges, such as an increase in single-use plastics, they have also opened up opportunities, such as starting a garden or taking on a home renovation,” said Cr Manning.“During this time many people stopped to think about what was really important to them.“Nature, protecting our environment and living more sustainably was a priority for many people. Ecofiesta helps people to turn those ideas into action.“With a huge market area full of clean-tech and low-impact products, Ecofiesta brings the green edge of the region’s business community into the one place so people can connect with their own sustainable living solutions.”Cairns Ecofiesta is supported by the Queensland Government through Tourism and Events Queensland and features on the It’s Live! in Queensland events calendar.Ecofiesta takes a ‘triple bottom line’ approach to event-organising considering planet, people and prosperity when choosing stallholders, food vendors who favour in-season local produce, and workshop convenors who can inspire behaviour change.Environmental organisations such as the Cairns and Far North Environment Centre provide opportunity to connect with a cause, from climate action through to local wildlife caring.Funk soul, reggae band, The Natural Culture, will headline the entertainment line-up, which includes a full program of roving performers and children’s activities.Ecofiesta is an all ages event, with free entry, entertainment and eco-activities for everyone, presented by Cairns Regional Council with support from Optus, the State Government’s Tourism Events Queensland, Wet Tropics Management Authority and CAFNEC.Applications and expressions of interest are now open for stallholders, entertainers, food and drink vendors, volunteers and sponsors. Apply online at https://www.cairns.qld.gov.au/community-environment/sustainability/ecofiesta /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:business, Cairns, children, community, covid-19, culture, education, environment, festival, Government, Optus, Queensland, Single Use Plastic, sustainability, sustainable, wildlifelast_img read more

Strong support among managers for long-term UK furlough scheme

first_imgStrong support among managers for long-term UK furlough scheme A new report has found that the Government’s Coronavirus Job Retention Scheme (CJRS) has been crucial in keeping UK businesses operational during the pandemic.And it warns of a significant risk of widespread redundancies when it ends on 30 September 2021.Researchers at Leeds University Business School used the findings of a survey of 2,000 managers looking at companies’ practice of workforce furloughing, their experiences of using the CJRS, and workplace change during the Covid-19 pandemic.Managers reported widespread use of furloughing, using it as an alternative to making staff redundant. Three-quarters of managers supported the introduction of a longer-term version of the CJRS to help ongoing workforce planning.“It is important that the benefits of furloughing and the significant investment of the CJRS are not lost.”The CJRS, which was first introduced in March 2020, allows employers to claim Government support for some of the wages of employees placed on furlough because of Covid-19.The scheme is credited with keeping unemployment rates down during the pandemic, and has been extended several times, most recently until 30 September 2021.The Leeds research also showed that there was a small proportion of businesses which chose to support staff retention during the pandemic through self-funding, rather than relying on the CJRS.Around one fifth of managers reported that they would look to introduce a longer-term, self-funded furlough scheme when CJRS support ends. The report offers evidence that the CJRS and furlough have helped to protect jobs, and there is support amongst managers for some form of job retention beyond the crisis.Accelerating investment Professor Mark Stuart, one of the authors of the report, said: “It is important that the benefits of furloughing and the significant investment of the CJRS are not lost. The focus on job retention and the value of this to workers, businesses and the economy should be maintained longer-term. We hope policy makers reflect on the findings of the report and consider its key recommendations.”The report also showed that businesses have been restructuring their operations during the pandemic, including through accelerating investment in new forms of digital technology. This looks set to continue post-pandemic and will further trends in remote and more flexible forms of working.There is also a warning about the risk of higher redundancies and adverse shifts in employment practices as the economy moves out the pandemic and the CJRS is withdrawn.Just under half of managers surveyed reported that the CJRS had delayed inevitable redundancies, with workers returning from furlough either likely to lose their jobs or to experience cuts in pay or hours. Just under half of surveyed managers said that the government should provide ongoing support for staff retention or focused support for those workers made redundant.Policy recommendationsThe report, ‘Furloughing and the Coronavirus Job Retention Scheme (CJRS) in the UK: managers experiences and perspectives’, makes three key recommendations:A long-term furlough scheme should be introduced, supported through appropriate employment legislation and high level dialogue between key labour market actors. This should be modelled on international examples of best practice, notably long-standing short-time working schemes. Businesses should be encouraged to use furloughing as an alternative to redundancy and to adopt job retention as a long-term human resource management (HRM) practice. This should be supported by bodies such as ACAS and the CIPD, through good practice codes and guidance for employers. The government should introduce a post-Covid-19 employment recovery plan that not only includes support for education and training, but a comprehensive programme of support for workers made redundant as a direct result of the Covid-19 crisis. A recovery plan should be built on new social partnerships and should allow for a ‘levelling up’ in labour standards. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:coronavirus, dialogue, education, Employees, employment, Government, Investment, legislation, Professor, research, technology, UK, unemployment, university, University of Leeds, workforce, workforce planninglast_img read more

Union Minister lauds Army medical COVID related assistance for Northeast and Jammu & Kashmir

first_imgUnion Minister lauds Army medical COVID related assistance for Northeast and Jammu & Kashmir Phoenix Business Consulting invests in telehealth platform Healpha Add Comment Director General, Armed Forces Medical Services assured the minister about the number of beds which will be increased depending upon the situationUnion Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh has lauded the Army medical COVID- related assistance for Northeast and Jammu & Kashmir, and appreciated the Armed Forces Medical Services (AFMS) for responding to step in at the early stage of pandemic, in  order to supplement the diagnostic and treatment facilities in the initial phase of preparedness.In the context of Northeast, General Banerji briefed Dr Singh about the latest developments and current status. He disclosed that while in Arunachal Pradesh, Military Hospital Tenga had 80 designated beds for COVID and two ICU beds, Military Hospital at Likabali has 82 designated beds for COVID and two ICU beds. Similarly, at Jorhat in Assam and Shillong in Meghalaya, Armed forces Medical Services had made available 110 and 247 designated COVID beds respectively, in addition to 10 and 4 ICU beds respectively.  While receiving an update from the Director General, Armed Forces Medical Services (DG AFMS), Lt Gen Anup Banerji,  Dr Singh had a special word of praise for the Army Command Hospital in Udhampur which had earmarked 200 designated beds for COVID cases and six beds in ICU for critical cases including civilian patients, in the  beginning itself. Similarly, he noted that the Army Hospital in Srinagar had also designated 124 beds and Army Hospital in Rajouri had designated 82 beds for COVID cases in order to supplement the facilities set up by health authorities of the Union Territory government. In addition, the Command Hospital Udhampur was also providing diagnostic facilities right from the beginning, he added. Dr Singh appreciated the proactive support in the initial stages of COVID pandemic which had also contributed in reducing the disease burden.  He also mentioned the quarantine camps and isolation facilities set up by the Armed Forces Medical Services. Director General AFMS informed the minister that the number of such hospitals is being enhanced depending upon the situation and availability of equipment from suppliers. He assured the minister that in future also, the number of beds will be increased depending upon the situation. Armed Forces Medical ServicesArunachal PradeshCOVIDDr Jitendra SinghMilitary Hospital TengaShillongSrinagarUdhampur By Press Information Bureau on May 19, 2020 Share Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Read Article Comments (0) The missing informal workers in India’s vaccine story MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Related Posts Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” News Public Health WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Menopause to become the next game-changer in global femtech solutions industry by 2025last_img read more