'> Danske Bank, hampered by negative interest rates for longer than any European peer, promised wealthy depositors it will resist a trend to pass the burden on to them.
'Danske Bank, hampered by negative interest rates for longer than any European peer, promised wealthy depositors it will resist a trend to pass the burden on to them.'
Providence Resources has said it has received 'further assurances' that a $9m (€8m) development loan to fund work at its flagship Barryroe field, off the Cork coast, is 'in the process of being paid'.
Valencia continue to strengthen ahead of the new season with the signing of central defender Eliaquim Mangala on a free transfer from Manchester City. Mangala returns to the club where he enjoyed a successful loan [..]
'Valencia continue to strengthen ahead of the new season with the signing of central defender Eliaquim Mangala on a free transfer from Manchester City. Mangala returns to the club where he enjoyed a successful loan spell in the 2016-17 season, making 30 appearances in the Liga Santander. The Valencia website confirmed late on Monday night that 28-year-old had agreed a two-season deal, while will keep him at the Mestalla Stadium until the end of 2021. The move is a risky one for Valencia given that Mangala missed nearly all of last season with a knee injury, although he was able to pass a strict medical exam carried out in the city of Gijon (northern Spain). “It was a day with a lot of tests, but I really wanted to play in Mestalla again. The fans there value me a lot and the team always competes. Valencia are still looking to add to their squad as the side which finished fourth in the Liga Santander last season and beat Barcelona in the Copa del Rey final will once again compete in this season’s Champions League. Villarreal left back Jaume Costa is thought to be next on their shopping list, although it isn’t certain he will arrive before they kick the new season off on Saturday with a home game against Real Sociedad.'
Last May this column argued that a range of housing-related data pointed to the worst of the housing crisis being over. Instead of welcoming some good news, the article raised quite a few hackles, proving, if it ever needed proving, that there is a
'The August Employment news Roundup continues with talks to save jobs in Avara Shannon and at Harland and Wolff where administrators have agreed a week to allow for any potential opportunity to find a commercial basis to ‘continue the business as a going concern’. Jobs (Pic: InsideIreland.ie) A week to buy Harland & Wolff It was reported on 09 August that the administrators of Harland & Wolff in Belfast had agreed to a ‘temporary’ unpaid lay-off of the workforce for a one-week period to allow for potential commercial opportunities to be explored.BDO Northern Ireland said ‘a number of potential bidders’ for the shipbuilding firm have come forward.It is believed that a small number of the workforce had taken up the option of redundancy.Harland and Wolff formally entered administration on Tuesday 06 August, putting around 130 jobs at risk.The shipyard company was owned by a Norwegian offshore drilling firm Dolphin Drilling, formerly known as Fred.Olsen Energy.One of the two cranes that have dominated the Be;fast skyline for around 50 years (Pic: InsideIreland.ie) In a statement, BDO NI said that ‘in conjunction with unions, the administrators have agreed to facilitate an unpaid temporary lay-off until Friday 16 August, which provides a ‘limited additional time’ for all parties to look for any potential opportunity to find a commercial basis to ‘continue the business as a going concern’. Window for survival Trade unions Unite and the GMB have said they are determined to ensure that a ‘window for survival’ remains open.The unions said they will be holding a conference call with the NI Secretary of State, Julian Smith on 06 August to highlight ‘the potential damage to Northern Ireland’s economy if Harland and Wolff closes’. Unite and the GMB said they are currently in discussions with the administrators about ways of avoiding redundancy notices being issued.GMB Regional Organiser Michael Mulholland said it is ‘not too late for the government to step in and nationalise to stabilise’. Unite offices (Pic: InsideIreland.ie) Unite Regional Coordinating Officer Susan Fitzgerald said the unions will be stressing to Mr Smith that, if Harland and Wolff is allowed to close, ‘the taxpayer will pick up the bill in terms of lost taxes and benefit costs, while Northern Ireland’s economy will lose vital skills and expertise as we head into the uncertain waters of Brexit.’ It is understood that emergency ‘shortfall funding’ was ruled out by the UK government, for a number of reasons, among them the action may conflict with state aid rules.The Government has offically taken the position that the situation at the shipyard is a ‘commercial issue’. NI firm hopes to create 5 more jobs by end of 2019 A Northern Ireland-based IT firm has received investment from Invest NI for a new product, and hopes to create five new jobs this year.Kinsetsu said the product, HomeHug , allows older people to live independently at home for longer.Invest NI Invest said it has offered Kinsetsu £243,000 of support towards research & development, marketing and key worker salaries (Pic: InsideIreland.ie) Dr Vicky Kell, Invest Northern Ireland’s Director of Innovation, Research & Development said Kinestsu is an ‘ambitious company’ continually looking to innovate and grow its product offering. “As well as supporting this latest R&D project we have also helped the company with training, salary costs for key workers and trademarking key products,” she said. “This combination of support is enabling Kinestsu to grow.It has already added 8 new people to the team, with plans to recruit another 5 during the year.The additional staff will add to Kinestsu’s expertise and allow the company to build on its success in a diverse range of sectors and look to grow into new markets outside of NI.” SIPTU meets with liquidators to discuss jobs at Avara Shannon SIPTU representatives met with the liquidators of Avara Shannon Pharmaceutical Services Ltd on Wednesday 07 August to discuss proposals to protect the 114 jobs at the plant.Last month, the High Court made orders winding up the Co Clare-based pharmaceutical company, with the plant put into liquidation on 29 July. ‘Very difficult situation’ SIPTU representatives met with the liquidators to ‘agree a viable business plan that can save the jobs at the plant’ and also Minister of State at the Department of Trade, Employment and Business, Pat Breen. “This is a very difficult situation for the workers in Avara”, said SIPTU Sector Organiser, Alan O’Leary. “The union is working very closely with the court appointed liquidators’ in order to protect our members’ jobs,” he added.Labour Court recommends increases in pay for health support staff Labour Court at the Workplace Relations Commission HQ, Dublin 4 (Pic: InsideIreland.ie) SIPTU representatives confirmed on 07 August that the Labour Court has recommended increases in pay for over 7,000 members of the union working in support grades across the health service.SIPTU said the court issued two recommendations aimed at resolving the dispute involving support grade staff and chefs in the health service.SIPTU Health Division Organiser, Paul Bell, said the Labour Court recommended that members receive significant increases in pay in from 1st September 2019. “If accepted, SIPTU members evaluated under phase 1 and phase 2 of the support staff job evaluation scheme will receive increases in pay ranging from around 6% to 13%. These payments are in addition to the 1.75% increase in pay due in September 2019 under the terms of the Public Service Stability Agreement.The Labour Court also recommends a pathway for members who have yet to have their jobs evaluated with specific cut off days for completion and under the existing formula.” Mr Bell added that Union representatives ‘will continue to assess the detail of the recommendations’. He said the Union membership will be balloted on the terms of the recommendation from Monday 12 August to 18 September.SIPTU says they will attend a Labour Court hearing on 22 July to discuss health service workers dispute Possible redundancies at Tesco Metro stores Tesco have announced plans for a further restructure in their UK stores, which could mean redundancies in Northern Ireland.In a statement on 05 August, Tesco said it will make some operational changes to the way it runs its Metro stores in the UK.It said it wanted to ‘simplify and reduce processes and administrative tasks’ across all of its 153 Tesco Metro stores.It is understood the decision could affect 4,500 positions.The chain has more than 50 Tesco outlets in Northern Ireland, employing around 10,000 staff.Tesco Metro Belfast (Pic: InsideIreland.ie) Jason Tarry, UK & ROI CEO, said: “In a challenging, evolving retail environment, with increasing cost pressures, we have to continue to review the way we run our stores to ensure we reflect the way our customers are shopping and do so in the most efficient way.We do not take any decision which impacts colleagues lightly, but have to make sure we remain relevant for customers and operate a sustainable business now and in the future.” Shocked Shopworkers’ trade union Usdaw said it will be meeting with the Supermarket firm and said it will ‘work to ensure jobs are protected and affected staff are offered alternative roles wherever possible’. Pauline Foulkes – Usdaw National Officer said its members at Tesco were ‘shocked and dismayed’ by the potential job losses. “We will be working hard to make sure that any members potentially affected by these proposals are supported at this difficult time and throughout the consultation period.” Around Noon to create 94 jobs Food producer and distributor Around Noon, has announced that it is investing over £7 million in a major expansion, which will see the company create 94 jobs.Invest Northern Ireland said it is providing financial assistance for 54 of the new jobs, several of which are at director and manager level.Around Noon, produces and distributes a range of ‘Food-to-Go’ and bakery products and employs 328 people over its facilities in Newry and Dublin as well as Slough in England.Pictured (L-R) are Gareth Chambers, CEO, Around Noon with Howard Farquhar, Chairman, Around Noon and Grainne McVeigh, Director of Scaling, Invest NI Invest NI has offered £592,000 of assistance to the company.July’s Irish employment roundup: Uncertain future for Harland and Wolff shipyard . The post August’s Employment Roundup: A week to save Harland and Wolff as going concern appeared first on Inside Ireland .'
The England international has joined the Clarets until January 6.
'The England international has joined the Clarets until January 6.'