Press release: Energy customers in Wales to save as UK Government caps fuel bills

first_imgNew price cap power introduced to Parliament following BEIS Select Committee approval Move will guarantee protection for the 11 million households currently on the highest energy tariffs – in addition to 5 million vulnerable households already protected by Ofgem’s safeguard cap In 2016-2017, Wales ranked above average in the UK for the number of customers switching energy provider, but this was less than 1 in 5 customers The introduction of the Domestic Gas and Electricity (Tariff Cap) Bill comes after the Business, Energy and Industrial Strategy Select Committee scrutinised the draft Bill as part of the government’s work to build consensus for the cap. The Committee backed an absolute cap and made a number of other recommendations about the Bill in its report, which the government has accepted in full.In setting the cap, Ofgem will also take into account the need to create incentives for suppliers to improve efficiency, the need to set the cap at a level that enables suppliers to compete effectively for supply contracts, the need to maintain incentives for customers to switch and the need to ensure that efficient suppliers are able to finance their supply activities. This will make sure the cap reflects the interests of both consumers and suppliers.It will be in place until 2020 when Ofgem will recommend to government whether it should be extended on an annual basis up to 2023. In line with the Committee’s recommendation, the government will ensure Ofgem reviews the level the cap is set at least every six months while it is in place.The Competition and Markets Authority 2016 review of the retail energy market found that domestic customers of the Big Six suppliers faced a £1.4 billion a year detriment.The government is determined to tackle this detriment, by encouraging consumers to switch suppliers and tariffs. The introduction of smart meters will enable consumers to see the cost of their energy usage and more easily find the best tariff for them.The latest league table from Ofgem comparing the default or standard variable tariffs of the 10 largest energy suppliers shows that those households who are prepared to shop around can, on average, save around £300 from switching to the cheapest tariffs on the market.Earlier this month, one million more vulnerable consumers who receive the Warm Home Discount were protected from higher bills with the extension of Ofgem’s safeguard tariff cap, introduced in 2017. There are now five million households protected by this cap. Government also announced a new consultation to give Ofgem and the Department for Work and Pensions new powers to make it easier for vulnerable consumers to be protected from unfair energy bills.The cap is part of a package of measures designed to deliver the government’s objective of clean, affordable and innovative energy as part of the Industrial Strategy.Notes to editors: Business and Energy Secretary Greg Clark said: Energy prices for millions of households on default tariffs are still too high. Our new price cap will guarantee that consumers are protected from poor value tariffs and further bring down the £1.4 billion a year consumers have been overpaying. New legislation is being introduced to Parliament later today to cap poor value energy tariffs and save consumers in Wales money on their energy bills.The Domestic Gas and Electricity (Tariff Cap) Bill will put in place a requirement on the independent regulator, Ofgem, to cap energy tariffs until 2020. It will mean an absolute cap can be set on poor value tariffs, protecting the 11 million households in England, Wales and Scotland who are currently on a standard variable or other default energy tariff and who are not protected by existing price caps.The Bill is part of a package of measures being introduced by government to increase competition in the retail energy market and lower prices for consumers, including the rollout of smart meters in every household and initiatives to promote smarter and faster switching.Despite being higher than the national average, last year less than 20% of customers in Wales took up the offer to switch fuel suppliers. Today’s measures will mean that energy companies cannot exceed a certain amount on monthly bills – providing peace of mind to hard working tax payers.The government intends that Ofgem implements the cap as soon as possible so that customers get the protection they need by next winter.Prime Minister Theresa May said: It’s often older people or those on low incomes who are stuck on rip-off energy tariffs, so today we are introducing legislation to force energy companies to change their ways. Our energy price cap will cut bills for millions of families, starting this year. This is another step we are taking to help people make ends meet as we build a country that works for everyone.center_img Energy and Clean Growth Minister Claire Perry said: We are working hard to deliver an energy supply that is clean, affordable and innovative and an energy market that delivers the best possible value and service for energy customers. This new legislation is a big step forward toward that goal. Government response to the Competition Market Authority’s report Modernising the Energy Market can be found here (insert link). Ofgem’s league table and other reports can be found here. Explainer about Ofgem’s existing cap can be found here. Announcement on consultation on better data sharing between DWP and Ofgem found here. The Industrial Strategy sets out a long term plan to boost the productivity and earning power of people throughout the UK. It sets out how we are building a Britain fit for the future – how we will help businesses create better, higher-paying jobs in every part of the UK with investment in skills, industries and infrastructure.last_img read more

Corporation Committee on Shareholder Responsibility releases report

first_imgThe 2018 Annual Report of the Corporation Committee on Shareholder Responsibility (CCSR), a subcommittee of the President and Fellows, is now available on the Shareholder Responsibility Committees’ website.The report provides a detailed description of the CCSR’s actions on shareholder proposals regarding issues of social responsibility that came to vote during the 2018 spring proxy voting season (the period between March and June when most publicly traded corporations hold annual meetings). This year, the committees considered 38 proposals dealing with issues of social responsibility that were addressed to corporations whose securities were owned directly by Harvard. Issues raised through the proxy process this year included corporate political contributions and lobbying; executive compensation; labor standards; human rights; equal employment; and corporate environmental reporting and practices on issues including greenhouse gas emissions and sustainability reporting.New topics addressed in 2018 included digital media content management and fair tax policy.The CCSR receives advice from the Advisory Committee on Shareholder Responsibility, a 12-member committee made up of Harvard faculty, students, and alumni.last_img read more

Yankees Hold 1st Camp Intrasquad Game Of Virus Era

first_imgNEW YORK — No fans. No music. A bullpen catcher calling balls and strikes.Still, for one night at least, the New York Yankees played something resembling a baseball game in the Bronx.“It felt great, actually,” said starter J.A. Happ, who pitched for Team Yankees against Team Bombers. “It was a little bit strange, but I was actually surprised at the adrenaline, and I heard a couple of other guys saying the same thing.”The Yankees held their first intrasquad game of summer camp Monday as they prepare for a condensed 60-game season that starts in 2 1/2 weeks. Aaron Judge, Gleyber Torres, Giancarlo Stanton and other regulars from the defending AL East champs took hacks under the lights against teammates for six innings. Happ’s first pitch came about an hour after Major League Baseball unveiled the schedule for a season it hopes to run through a pandemic. The Yankees will open July 23 against the World Series champion Nationals in Washington as part of a slate that exclusively features opponents from the AL East and NL East in order to limit travel.It was the club’s first intrasquad game — and for any MLB team, it seemed — since official team practices were allowed to begin last week. Monday was just the third day of preseason camp at Yankee Stadium, but manager Aaron Boone has been eager to get live at-bats for pitchers and hitters.“Just the start of trying to create and build those live reps as we’re obviously getting pretty close to the start of the season,” Boone said.A bonus for fans — the scrimmage aired on local TV. For those keeping score at home, Team Yankees beat Team Bombers 1-0 on Thairo Estrada’s late homer.It certainly wasn’t the real thing. Baserunners were told to keep their effort at 50-75%, if they were even permitted to run. Team Bombers started two designated hitters — Stanton and Clint Frazier — and Team Yankees defended much of the game without anyone in left or center field.By the top of the fourth inning, right fielder Zack Granite was defending for Team Yankees all by himself.Bullpen catcher Radley Haddad donned his usual gear and squatted behind Gary Sánchez as the only umpire, signaling calls wearing purple protective gloves.Haddad, a former Yankees minor leaguer, enthusiastically rang up outfielder Mike Tauchman on a close, two-strike pitch in the game’s first at-bat. Tauchman looked back and smiled as he walked to the dugout.It was good practice for baseball’s new safety protocols, too. Pitchers brought their own rosin bags to the mound, tried to avoid licking their fingers and were given a fresh baseball after every ball put in play.“Getting comfortable with what’s a little bit of an uncomfortable situation,” Boone said.New York has another intrasquad game scheduled for Tuesday. New ace Gerrit Cole is expected to toe the Yankee Stadium rubber in pinstripes for the first time after signing a $324 million, nine-year contract last offseason.Right-hander Clarke Schmidt, a first-round pick in 2017, started for the Bombers and pitched on the Yankee Stadium mound for the first time. He looked sharp against New York’s A-lineup featuring Judge, Torres and Stanton.“For a lot of people it was an intrasquad,” the 24-year-old said. “It was a lot more for me.”Happ and Schmidt were followed by relievers Zack Britton, Chad Green, Adam Ottavino, Jonathan Holder, Tommy Kahnle, Tyler Lyons and Luis Avilán.CC Sabathia was among the few spectators. The retired left-hander, now a member of the front office, sat five rows behind home plate, a few seats away from general manager Brian Cashman.NO FANS, NO PROBLEMOne quirk of the schedule released Monday — division foes will play 10 times, but not necessarily five times in each city. For instance, the Yankees and Red Sox will play seven games in the Bronx but just three in Boston.Combined with another quirk of this bizarre season — a new rule awarding teams an automatic runner on second base to start each inning after the ninth — home-field advantage could be a huge difference maker, even in empty ballparks.“I think it does tip the scales to favor the home team if you do get to an extra-inning scenario with this rule in place,” Boone said.TRAINER’S ROOMRHP Masahiro Tanaka remained in concussion protocol but is trending in the right direction after being struck by Stanton’s 112 mph line drive during a simulated game Saturday. Tanaka rode the bike at Yankee Stadium for 15-20 minutes Monday without issue and graded out well in a series of tests. “All signs continue to be encouraging,” Boone said. … Judge (broken rib diagnosed in March), Stanton (strained right calf in February) and CF Aaron Hicks (Tommy John surgery last October) were all in the starting lineup after using baseball’s hiatus to heal up. “I’m game ready,” Judge said, adding that “the biggest thing now is just getting the reps in.” Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Supreme Court wrestles with Kayla McKean Act

first_imgSupreme Court wrestles with Kayla McKean Act August 1, 2000 Regular News Supreme Court wrestles with Kayla McKean Act The Florida Supreme Court has declined to accept a recommendation that judges be subject to discipline if they fail to report a possible case of child abuse, abandonment or neglect they learn of in the course of their official duties. In an opinion released July 13, the court, however, invited further comments from the Ad Hoc Committee on Implementation of the Kayla McKean Act and other interested parties. The ad hoc committee, which was directed to examine the act and its effect on separation of powers, ex parte communications with judges and how it would affect the impartiality of judges, made the recommendation to the court. Its proposals were advertised in the January 15 Bar News and the court heard oral arguments on May 8. The court noted the proposal drew opposition from the Rules of Judicial Administration Committee and the Family Law Rules Committee, and that the legislature has also amended the act. “While we appreciate the concerns expressed at oral arguments of the co-chairs of the ad hoc committee, we are also mindful of the competing concerns voiced by those who spoke in opposition regarding the impartiality of the judiciary and its proper role in protecting the best interests of children,” the opinion said. “We therefore decline to adopt the proposed rules at this time. We welcome any suggestions from all interested parties including the rules of Judicial Administration Committee, the Family Law Rules Committee, and the ad hoc committee as to whether this issue should be studied further and any alternative approaches considered.” The opinion came in Amendments to the Florida Rules of Judicial Administration 2.050, 2.075, and 2.160, and Form of Judicial Administration 2.901, case no. SC99-162. It can be found on the court’s website at www.flcourts.org/.last_img read more

Students return to Seton Catholic Central with virus precautions in place

first_imgThe school is also requiring parents to pre-screen students before sending them to school. One of the schools is Seton Catholic Central in Binghamton. There are some changes this year due to COVID-19 pandemic. Catholic Schools of Broome County Elizabeth Carter says the district wants to keep everybody safe. BINGHAMTON (WBNG) — Schools in Broome County are going back to school on Monday. Everyone in the building is required to wear masks. Students and staffs’ temperature are also checked when they arrive to the building. In addition to this, hand sanitation stations are in place at all entrances and classrooms.center_img The school is using sanitation devices to disinfect all common areas of the school throughout the day. Hallways are also lined to have aisles going one way and aisles going a different way to minimize student contact. The desks in the classrooms are six-feet apart to maintain social distance. Stay with 12 News for its noon, 5, 5:30 and 6 p.m. newscasts for more back-to- school coverage. Check out our back-to-school slideshow here!last_img read more

Biograd Boat Show opened: During July and August, 70 percent of last year’s result was achieved

first_imgThis year, Croatia achieved very good results in the nautical charter segment in the summer part of the year, given the circumstances, ie during July and August, 70 percent of last year’s result was achieved in the same period. Dragan Kovačević, Croatian Chamber of Commerce: The new tourism strategy is necessary to ensure sustainable development and remove obstacles to investing in the nautical sector “The Biograd Boat Show is much more than just a boat exhibition, it is a gathering place for all segments of the nautical industry and tourism, not only in Croatia, but also in this part of Europe. As the organizer of the fair, Ilirija, with its long tradition, knowledge and experience, has profiled the Biograd Boat Show into one of the 36 most important nautical fairs in the world, ie the leading nautical Central European fair and the largest nautical fair in Croatia, and made Biograd na Moru a nautical tourism center on the Croatian Adriatic., said the President of the Management Board of Ilirija and the organizer and host of the fair Goran Raznjevic. State Secretary of the Ministry of Tourism and Sports Tonči Glavina He said that nautical tourism, in this year marked by a pandemic, proved to be an extremely popular tourist product through which tourists found their safe oasis of peace in Croatia. In order for nautical tourism in Croatia to remain authentic and recognizable, it is necessary to protect and preserve the originality of the coastal area and the sea in order to avoid negative consequences and saturation of the tourist area. As part of the 4th Nautical Day, a plenary and election session of the Association of Tourist Shipping Companies of the Croatian Chamber of Commerce was held, at which he was re-elected its president. Ante Rakuljić from the company ORSAB doo from Krilo Jesenice. The presidents of the groups were also elected at the session, so that’s right Ante Rakuljić elected president of the Group of ships on multi-day voyages, Marin Novakovic from the company Moreplovac doo for the president of the Group of ships and boats on day trips, a Jere Gaćina from the company Gaćina Adriatic Charter for the president of the Yacht Group with a professional crew “There is a big job ahead of us. Small tourist shipowners have problems due to their development in infrastructure. Namely, in the last 15 years or so, we have developed terribly fast, that is, we have developed faster than other segments and institutions could follow us. So today, for example, we have a problem with refueling, and our goal is to provide winter and summer berths. Winter during the ship’s rest, and summer during the tourist season”, Said Rakuljić It was stated at the session that an agreement is underway for a meeting with the leaders of the Split-Dalmatia County on the topic of summer berths in Split, and it was agreed that the Ministry of the Sea, Transport and Infrastructure will be asked to increase blue diesel quotas for all tourist shipping companies. administrative burden decreased during the season. Despite the new circumstances, with all the epidemiological measures, the tradition of the largest nautical fair in Central Europe is maintained. Also, Kovačević pointed out that the concession fees for marinas and their abolition should be reconsidered, because in that way, apart from marinas, some of which suffered a drop of over 50%, they would mostly help charterers who unfortunately charged berths even though they were vessels. most of this year was anchored. Photo: HGK The German and Slovenian lifting of travel restrictions in Croatia, ie Zadar County, significantly increased the response of larger vessels up to 20 meters, and strengthened the international arrival at the fair. So the tradition of the largest boat fair in Central Europe has remained this year with over 240 exhibitors and almost equal to last year’s record number of boats. That is how it was opened today in Biograd na Moru 22nd International Nautical Fair Biograd Boat Show, which lasts from 21st to Sunday 25th October and is held in Ilirija’s Marina Kornati. The importance of B2B encounters is more prominent than ever Vice President of the Croatian Chamber of Commerce for Agriculture and Tourism Dragan Kovacevic He said that the results achieved in nautical, and in this extremely difficult crisis year for tourism, speak of the resilience of nautical, but also its strategic importance for Croatian tourism because the consumption of nautical tourists is almost twice higher than average. That is, they are tourists of greater purchasing power, and nautical tourism is generating growth and other special forms of tourism. Also, for the second year in a row, the Croatia Charter Expo will be held on October 22 and 23, in Hall B in the western Marina Kornati. Charter companies are also allowed to present their services on their own vessels at the pier 14. “Regardless of the pandemic at today’s Croatian Chamber of Commerce nautical days, we want to talk about the key problems of the competitiveness of Croatian nautical tourism. About the future, about the new strategy of Croatian tourism which on the one hand should ensure sustainable development of nautical tourism while preserving our coast and sea, and on the other hand we need to remove obstacles, especially administrative, legal, for stronger investment and competitiveness of the nautical sector”, Said Vice President Kovacevic. “Nautics is not just recreation and entertainment and that is why the NCEA should be changed and it should be ensured that both marinas and charters become a tourist activity, ie an acceptable user for tenders in tourism “, Kovačević emphasized and added that in our development strategy we must not forget a small, but by quality standards extremely attractive segment of nautical, small shipping companies and mini cruisers that have suffered enormous damage due to dependence on air destinations. “For them, in the future we must solve the infrastructure that does not follow their needs, from overhaul to new berths and ports”Concluded Kovačević. Ante Rakuljić, President of the Association of Tourist Shipping Companies of the Croatian Chamber of Commerce Kovacevic also added that it is high time that all relevant ministries sit down and agree on the concept of amendments to the Law on Maritime Property and Seaports in order to resolve the legal uncertainty and uncertainty that existing concessionaires have, but also create preconditions for new investments and development and quality improvement. services.  Photo: Ilirija dd As part of the Biograd Boat Show, the Croatian Chamber of Commerce Nautical Days are also held, which consists of sessions of professional nautical associations and communities of the Croatian Chamber of Commerce, a series of trainings and professional presentations and a central panel. “The future development of nautical tourism in Croatia should therefore be viewed through the creation of a framework for balancing economic progress and sustainable development. In this sense, great importance for the development of nautical tourism and attracting a larger number of sailors is to connect with other tourist products and offers in destinations, and the creation of accompanying facilities to keep guests in destinations as much as possible. If we take into account the fact that nautical tourism with its income, ie part of the income of 30 percent directly contributes to the development of other selective forms of tourism such as cultural, gastronomic, wine, etc. and is especially important for the results achieved in pre and postseason, the contribution of this segment of tourism”, Said Glavina.last_img read more

Planning: Storms over the south-east

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Desmond moves Express to Square Mile

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

China parliament advances Hong Kong security law as US tensions rise

first_imgChina’s parliament on Thursday approved a decision to go forward with national security legislation for Hong Kong that democracy activists and Western countries fear could erode the city’s freedoms and jeopardize its role as a global financial hub.China says the new legislation will aim to tackle secession, subversion, terrorism and foreign interference in the city/ But the plan, unveiled in Beijing last week, triggered the first big protests in Hong Kong for months.Thursday’s move was quickly condemned by the United States, Britain, Australia and Canada. US President Donald Trump’s economic adviser warned that Hong Kong, which has enjoyed special privileges under US law based on its autonomy from Beijing, may now need to be treated like China when it comes to trade and other financial matters. Chinese authorities and Hong Kong’s Beijing-backed government say there is no threat to the city’s autonomy, but critics say the security legislation will erode the high degree of autonomy the former British colony has enjoyed under a “one country, two systems” formula since it returned to Chinese rule in 1997.Riot police were out in force in Hong Kong on Thursday as its lawmakers debated a bill to criminalize disrespect of China’s national anthem. Dozens of protesters chanted slogans in a shopping mall, but there was no repeat of disturbances the previous day when police made 360 arrests.In Beijing, members of China’s mostly rubberstamp parliament burst into prolonged applause when a tally showed 2,878 votes to one in favor of moving forward with security legislation, with six abstentions.Details of the law, which could see Chinese intelligence agencies set up bases in the city, are expected to be drawn up in coming weeks. It is expected to be enacted before September.Chinese Premier Li Keqiang said it would be good for Hong Kong’s long-term stability and prosperity and the “one country, two systems” formula would remain a national policy.TensionsBeijing’s move comes as US-China tensions have worsened amid mutual recriminations over the coronavirus pandemic, which began in China but has hit the United States hardest.US Secretary of State Mike Pompeo said on Wednesday Hong Kong no longer warranted special treatment under US law, given the erosion of autonomy in the territory.But it is far from clear that Trump will be prepared to take what analysts have called the nuclear option and completely end the special economic status Washington has conferred on Hong Kong since the end of British rule.US officials and people familiar with the discussions said the administration was crafting a range of options, including targeted sanctions, new tariffs and further restrictions on Chinese companies.Two sources told Reuters on Thursday that Washington was also planning to cancel the visas of thousands of Chinese graduate students. Trump’s actions may be tempered by concern for the more than 1,300 US companies that have offices in Hong Kong and provide about 100,000 jobs. David Stilwell, the top US diplomat for East Asia, said steps would be calibrated to mitigate the impact on Hong Kong people and US businesses.Democratic Senator Chuck Schumer blamed Trump for failing to stand up for Hong Kong, saying in a tweet: “Pres. Trump will forever be known as the president who lost Hong Kong to the Chinese Communist Party because of his mollycoddling of Pres. Xi.”Democracy campaigners in Hong Kong were despondent.”This is the death knell for Hong Kong, make no mistake of it, this is the end of ‘one country, two systems’ … the Hong Kong that we loved, a free Hong Kong,” said lawmaker Dennis Kwok. Topics :center_img “We can’t let this go unnoticed and they will be held accountable for that,” Larry Kudlow told CNBC.Trump, who has vowed a tough US response, told reporters he would hold a news conference on China on Friday. “We’ll be making certain decisions and we’ll be discussing them tomorrow,” he said.Under congressional legislation Trump signed last year, it now falls to him to decide to end some, all or none of the US economic privileges Hong Kong enjoys.Trump offered a muted response to Hong Kong’s mass democracy protests last year while prioritizing a trade deal with Chinese President Xi Jinping that Trump saw as important for his November re-election bid. But ties with Beijing have since soured considerably.last_img read more

House sold for less than cost of unit in hot middle ring suburb

first_imgIt already has a tenant in place.“It’s a great buy for an entry level investor, and has a great tenant in place at $360 a week. It will perhaps eventually be demolished but the value here is in the land so even if investor held it and had someone else pay it off for them with rent, they will see growth.” He said Boondall was “the next suburb to move reasonably”.“Boondall was a little behind Northgate and Nundah but we’re the next stage on the train track.”.The home was walking distance to local shops at Sue’s Korner, Taigum Square shopping centre, bus transportation and Boondall state school and local parks. 90 Beams Road, Boondall, Qld 4034. Picture: realestate.com.auA THREE bedroom house in a hot Brisbane middle ring suburb has sold for less than the cost of a unit in the same area.The property at 90 Beams Road in Boondall sold for $382,000 on last Thursday (Oct. 26), a price which was $1,500 less than the median for three bed units in the suburb. It has a tonne of potential.center_img The property is neat and tidy.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019It was also just $55,000 more than the price its homeowner had paid four years ago ($327,000).The 1960s 112sq m home, located 16km from the Brisbane CBD, was on a 610sq m block of land.It sold for $103,000 less than the median sale price for three bedroom houses in Boondall which came in at $485,000 in the past 12 months.Among improvements made to the site was a renovated bathroom, polished floors and plenty of cupboard space in the kitchen, plus it already has a “great tenant in place”, according to agent Pat Barrett of Barrett Property Sales.last_img read more