Home » News » Land & New Homes » Persimmon shrugs off Help to Buy threat as it passes £1bn profits milestone previous nextLand & New HomesPersimmon shrugs off Help to Buy threat as it passes £1bn profits milestoneCity investors and the building giants’ results took no notice of the government’s intention to review its Help to Buy status.Nigel Lewis26th February 201901,110 Views House building giant Persimmon has released its final results for 2018 and revealed a new boss following the controversial departure of its previous CEO over a £75m bonus.Its results show that last year the company was the first house builder in the UK to make annual profits of more than £1 billion, increasing them by 13% on a turnover of £2 billion. It built 16,449 homes which it sold at an average price of £215,563.Persimmon has released its results just a day after the Secretary of State for Housing James Brokenshire revealed that he is to review its status as a Help to Buy provider following allegations of unfair leasehold terms at some of its sites.But City investors are clearly not worried by the potential loss of Help to Buy status for the company; its share price increased sharply yesterday as news of its huge profits leaked out.Billion pound milestonePersimmon’s group operating profits were £1.083 billion last year, up from £995 million during 2017. The company also increased its new homes operating margin, which now stands at nearly 32%, while its ROI on capital last year was 52.8%. The company also bought 17,092 plots of land last year.Persimmon has also appointed 50-year-old Dave Jenkinson as its new Group Chief Executive (pictured, above), who has been in the role since November last year and who has worked at the company for 22 years.In a nod to the furore that surrounded its previous CEO Jeff Fairburn’s huge pay packet prior to his premature departure, Jenkins is not to receive a bonus this year or participate in its infamous Share Performance Plan.help to buy persimmon Dave Jenkinson February 26, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021
Jasper, IndianaDr. Richard Moss will oppose incumbent Congressman Larry Bucshon in the Republican primary on May 8, 2018Indiana voters are finding it hard to believe that after seven years of promises, and grassroots support through three historic wave election victories, the Republicans still couldn’t deliver on repealing Obamacare.Dr. Richard Moss, in a talk before the Second Amendment Patriots in Evansville, said, “We sent our representatives to Washington to do a job. We did not send them there to break their promises or capitulate. But on issue after issue, capitulate is exactly what they have done.”“I have deep concerns about the direction of our country and the behavior of our federal government. I believe that the greatest threat facing this country is not Iran, Russia, China or ISIS but Washington DC. It is career politicians in both parties who go to Washington, cut deals with each other, grow the size of government, and bankrupt our children. We need new conservative leadership in Washington. New conservative leadership from Indiana’s 8th district. We need someone who will stand up to both parties and represent we the American people.”In his speech, Dr. Moss said, “Congressman Larry Bucshon has taken a page from Richard Lugar’s and Evan Bayh’s playbook by moving his family to Washington. He doesn’t live in the community he represents. Instead, he hangs around Washington insiders and lobbyists and forgot what the voters in Indiana sent him to do.”Dr. Moss’s platform will be based on four principles, American Values, Opportunity For All, Liberty, and American Strength.American Values include promoting a culture of faith and family, the twin pillars of a strong civil society. He believes that America is founded on the Judeo-Christian tradition and embraces freedom of religion and traditional marriage. He opposes transgendering out military, schools, and bathrooms.Opportunity for All is the way to prosperity for everyone including the poor, the young, and working Americans left behind. He wants to unleash the American economy by cutting taxes and spending and rolling back insane regulations and EPA rules designed to stifle the power and creativity of our free market system. He promotes energy development including fracking, fossil fuels, and nuclear. He favors the repeal of job-killing Obamacare and insists that every Congressman is on the same health care plan they have imposed on us. He supports balancing the budget, limiting the size of government, and term limits.Dr. Moss feels that freedom is at the heart of the American greatness and exceptionalism. He stands for liberty, American sovereignty, our Constitution, and the Bill of Rights.With American values, American opportunity and American freedom, we must realize that a country can’t survive on the good intentions of our foes. That’s why Dr. Moss supports American Strength by rebuilding our National Defense. The world is safer and America is safer when we have the strongest military in the world.Finally, he believes that our country is not safe unless it can protect its borders from terrorists, drug smugglers and illegal aliens who take American jobs and depress wages. He opposes DACA, amnesty, chain migration, and birthright citizenship. He would build a wall. He considers it a disgrace that 16 years after 9/11 the federal government still hasn’t secured our southern border.FOOTNOTE: Dr. Richard Moss is a board certified head and neck cancer surgeon and was a candidate for Congress in 2016. He graduated from the Indiana University School of Medicine and has been in practice in Jasper and Washington, IN for over 20 years. He is married with four children. For more information visit RMoss4Congress.com. Contact us at [email protected] Find Moss For Congress on Facebook, Twitter, and Instagram.FacebookTwitterCopy LinkEmail
Lyrics To Eminem’s “The Storm”It’s the calm before the storm right here.Wait, how was I gonna start this off?I forgot… oh, yeahThat’s an awfully hot coffee potShould I drop it on Donald Trump? Probably notBut that’s all I got ’til I come up with a solid plotGot a plan and now I gotta hatch itLike a damn Apache with a tomahawkImma walk inside a mosque on RamadanAnd say a prayer that every time Melania talksShe gets a mou… Ahh, Imma stopBut we better give Obama props‘Cause what we got in office now’s a kamikazeThat’ll probably cause a nuclear holocaustAnd while the drama popsAnd he waits for s**t to quiet down, he’ll just gas his plane up and fly around ’til the bombing stopsIntensities heightened, tensions are risin’Trump, when it comes to giving a s**t, you’re stingy as I amExcept when it comes to having the b***s to go against me, you hide ’em‘Cause you don’t got the f**king n**s like an empty asylumRacism’s the only thing he’s fantastic for‘Cause that’s how he gets his f**king rocks off and he’s orangeYeah, sick tanThat’s why he wants us to disband‘Cause he cannot withstandThe fact we’re not afraid of TrumpF**k walkin’ on egg shells, I came to stompThat’s why he keeps screamin’ ‘Drain the swamp’‘Cause he’s in quicksandIt’s like we take a step forwards, then backwardsBut this is his form of distractionPlus, he gets an enormous reactionWhen he attacks the NFL so we focus on thatInstead of talking Puerto Rico or gun reform for NevadaAll these horrible tragedies and he’s bored and would ratherCause a Twitter storm with the PackersThen says he wants to lower our taxesThen who’s gonna pay for his extravagant tripsBack and forth with his fam to his golf resorts and his mansions?Same s**t that he tormented Hillary for and he slanderedThen does it moreFrom his endorsement of BannonSupport for the KlansmenTiki torches in hand for the soldier that’s blackAnd comes home from IraqAnd is still told to go back to AfricaFork and a dagger in this racist 94-year-old grandpaWho keeps ignoring our past historical, deplorable factorsNow if you’re a black athlete, you’re a spoiled little brat forTryina use your platform or your statureTo try to give those a voice who don’t have oneHe says, ‘You’re spittin’ in the face of vets who fought for us, you bastards!’Unless you’re a POW who’s tortured and battered‘Cause to him you’re zeros‘Cause he don’t like his war heroes capturedThat’s not disrespecting the militaryF**k that! This is for Colin, ball up a fist!And keep that s**t balled like Donald the b**ch!‘He’s gonna get rid of all immigrants!’‘He’s gonna build that thang up taller than this!’Well, if he does build it, I hope it’s rock solid with bricks‘Cause like him in politics, I’m using all of his tricks‘Cause I’m throwin’ that piece of s**t against the wall ’til it sticksAnd any fan of mine who’s a supporter of hisI’m drawing in the sand a line: you’re either for or againstAnd if you can’t decide who you like more and you’re splitOn who you should stand beside, I’ll do it for you with this:F**k you!The rest of America stand upWe love our military, and we love our countryBut we f**king hate Trump” In the time since the BET Hip Hop Awards last night on Tuesday, Eminem’s controversial rap cypher has gone viral. The video is currently making its rounds on social media and the news, racking up over 5 million views on YouTube in just a few short hours and eliciting responses from a whole slew of celebrities ranging from LeBron James, Ellen Degeneres, T-Pain, and many more. In the four-minute freestyle rap, the Detroit rapper addresses the President of the United States, Donald J. Trump, with the freestyle rap running down a list of criticisms ranging from immigration, corruption, hypocrisy, white supremacy, the NFL, gun control, environmental disasters, and much more.Trump’s Crazy Campaign Made MSNBC’s Katy Tur Start Listening To Phish AgainThe title of Eminem’s video, “The Storm,” and its opening line, “It’s the calm before the storm right here,” is a direct reference to President Trump’s cryptic and widely questioned comments earlier in the week, when he announced to the press corp during a dinner for military commanders and their spouses, “You guys know what this represents? Maybe it’s the calm before the storm.” Following this opening line, Eminem holds nothing back, laying out a litany of harsh criticisms against the president and his supporters at every chance.Watch Donald Trump Frown Through This French Marching Band’s Tribute To Daft PunkDuring the video’s four-and-a-half-minute span, Eminem namedrops references to Colin Kaepernick (“This is for Colin/ball up a fist”), Barack Obama (“we better give Obama props”), Hillary Clinton (“Same s**t that he tormented Hillary for and he slandered/Then does it more”), and Stephen K. Bannon (“From his endorsement of Bannon/Support for the Klansmen”) as well as indirectly alluding to Trump’s beef with Vietnam war hero, Senator John McCain (“[Trump] says, ‘You’re spittin’ in the face of vets who fought for us, you bastards!’/Unless you’re a POW who’s tortured and battered/cause to him you’re zeroes/cause he don’t like his war heroes captured”).While the cypher itself is packed full of direct jabs against the president, Eminem is no stranger to controversy nor is he a stranger to openly criticizing the president—in recent months, the rapper has led “Fuck Trump” chants at shows and gone on the record that he “can’t stand” the president. Despite this clear stance now, there was a point in time that Trump and Eminem were on more positive terms. In 2004, Trump appeared at Eminem’s Shady Convention, where he endorsed the rapper, citing, “I know a winner when I see one, and Donald Trump is telling you right now: Slim Shady is a winner! He’s got brains, he’s got guts, and he’s got Donald Trump’s vote!”Since the inauguration earlier this year, many mainstream artists have spoken out against President Trump, albeit in more sanitized terms. One of the reasons Eminem’s cypher has gained so much attention is his concise articulation that he is not afraid of losing fans by firing back at Trump. “The Storm” closes with a clear ultimatum that Eminem directs toward his own fanbase: “And any fan of mine who’s a supporter of his/ I’m drawing in the sand a line/ You’re either for or against/ And if you can’t decide who you like more and you’re split/ On who you should stand beside/ I’ll do it for you with this,” before giving the middle finger to the camera. This comes ahead of the final closing lines of his freestyle where he clarifies that he loves both the military and the country, but that he “f**king hate Trump.”You can watch Eminem’s harsh criticisms of Donald Trump from the BET Hip Hop Awards, plus you can read the lyrics of “The Storm” below.
Show Closed This production ended its run on Jan. 4, 2015 Related Shows Wow, would you look at the baby blues on these two? Ewan McGregor and Maggie Gyllenhaal, the talented (and did we mention gorgeous?) new stars of The Real Thing make a perfect pair in this promotional image for the new production. Directed by Sam Gold, the new revival of Tom Stoppard’s drama also stars Cynthia Nixon and Josh Hamilton. The Real Thing tells the story of Henry (McGregor), a successful playwright who is unhappily married to Charlotte (Nixon), the lead actress in his current play about a marriage on the verge of collapse—meanwhile, Henry’s affair with their friend Annie (Gyllenhaal) threatens to destroy her own marriage. Check out this sweet shot of the stars, then see them make their Broadway debuts in The Real Thing at the American Airlines Theatre! The Real Thing View Comments
By Dialogo July 21, 2009 Jerusalem, 20 July (EFE).- The vice-president of Colombia, Francisco Santos Calderón, emphasized his country’s international vocation in carrying out peace-keeping missions today, after visiting the Sinai Peninsula to celebrate the Twentieth of July – Colombian Independence Day – with the Colombian contingent stationed in that region. “You feel very proud. The majority of the soldiers who are here have very significant operations in their service records; these are the best people,” the Colombian vice-president told EFE by telephone from southern Israel. Santos Calderón was touring southern Israel this afternoon to become acquainted with various technological projects related to solar energy and farming in arid regions. During the morning he visited the 350 men of Battalion Colombia, part of the Multinational Force and Observers (MFO) in the Egyptian Sinai Peninsula, responsible for monitoring the fulfillment of the peace accords between Israel and Egypt. The Colombian contingent is the second largest in the Sinai, after the United States, with 700 men, and ahead of Fiji, which has 250. “They’ve spent five, seven, nine years in the jungle, and they come to spend a year here representing Colombia,” explained the vice-president, who celebrated the 199th anniversary of Colombian independence with an official ceremony. This contingent “demonstrates that Colombia is a country that collaborates in peace-building at the international level.” During the official events the vice-president was accompanied by the Colombian ambassadors to Israel, Juan Hurtado Cano, and Egypt, Guillermo Vanegas. Tomorrow in Jerusalem Santos with meet with President Shimon Peres and with the Ministers of Regional Cooperation, Silvan Shalom, and Strategic Affairs, Moshe Yaalon, as well as with the head of the opposition and former Foreign Minister, Tzipi Livni. He will end his trip on Wednesday after visiting several manufacturers to try to give a boost to trade relations between Israel and Colombia.
The Federal Reserve Board responded Monday to a U.S. district court request to explain why transaction-monitoring costs fall outside of the “fraud-prevention adjustment” provided for in the law governing interchange fees. That clarification alters nothing in the way the Fed calculates interchange costs.The clarification resolves the last remaining issue from the merchants’ suit against the Fed in its debit interchange rule, which was decided in the Fed’s favor.In the clarification, the Fed likens the treatment of transaction-monitoring costs to its treatment of costs of equipment, software or labor when calculating the interchange fee standard: the board argues that, because costs of equipment, etc., are necessary to every transaction, they should be included in calculating the interchange fee standard.“Transactions monitoring is an integral part of the authorization process, so that the costs incurred in that process are part of the authorization costs that the Board is required by the statute to consider when establishing the interchange fee standard,” the Fed writes in the clarification. continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr A century ago, innovators like Henry Ford came to Detroit to build great companies. The city was the Silicon Valley of the era, says innovation expert Josh Linkner, a Detroiter with “deep roots and a lot of passion” for his hometown.“When we were in that creative groove, our city prospered. We built beautiful roads, buildings, and universities,” says Linkner. “Then, that all stopped. We did this 180.”The city retreated into bureaucracy, protectionism, and entitlement, he says. Institutions and infrastructure crumbled along with the local economy. The city became a “punchline.”“It is a fascinating tale of what happens when you’re embracing innovation and what happens when you’re not,” says the 45-year-old entrepreneur, author, and speaker, who will deliver at keynote address at America’s Credit Union Conference (ACUC), which runs June 26-29 in Seattle. continue reading »
The Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD) today announced what it says are “ambitious but also practical” recommendations for reporting by organisations – companies and investors – on financial aspects of climate change, although the “bite” of the voluntary disclosures has been questioned.Established in December 2015, the industry-led task force today officially announced its full set of recommendations for information that financial and non-financial “organisations” should disclose to improve understanding of the potential financial implications of climate change and the transition to a “lower-carbon” economy.A consultation on the draft recommendations runs until 12 February.The recommended disclosures are intended to “elicit decision-useful, forward-looking information” on climate-related financial impacts to help “investors, lenders and insurance underwriters to appropriately assess and price climate-related risks and opportunities”. As already foreshadowed, the task force has made recommendations for disclosure structured around four thematic areas: governance, strategy, risk management and metrics and targets.The four overarching recommendations are supported by more specific recommended disclosures that build out the framework, and the task force has also developed supporting guidance.One of the key recommendations, according to the task force, is that organisations conduct forward-looking scenario analysis to assess and illustrate the potential impact on their business.The idea is that the recommended disclosures can be adopted by companies of all types and should be included in mainstream financial filings. It referred to its recommendations as “a foundation” for improved reporting that “aim to be ambitious but also practical for near-term adoption”.Reporting will evolve and mature over time, it said.Speaking about the draft recommendations, FSB chair Mark Carney said: “The disclosure recommendations will give financial markets the information they need to manage risks, and seize opportunities, stemming from climate change. As a private sector solution to a market issue, the Task Force has focused on the practical, material disclosures investors want and that all capital-raising companies can compile.”Many supportive comments from task force member firms and NGOs were compiled in connection with the report’s recommendation today.Eloy Lindeijer, CIO at major Dutch pension investor PGGM, said: “Once implemented, the recommendations will greatly improve transparency and support more informed asset allocation decisions. Institutional investors need this to play a stronger role in financing the energy transition.”Stephanie Pfeifer, chief executive at the Institutional Investors Group on Climate Change (IIGCC), said the group welcomed the TCFD’s recommendations, as they would ultimately help investors to “better assess, price and manage the risks and opportunities of transition to a sustainable, low-carbon, global economy.“Material climate disclosures must become a routine part of annual reporting practice if institutional investors are to make robust decisions that accurately reflect physical risks posed by climate change and transition risks arising from swift adoption of clean and efficient technologies.”Some critical points were raised, too, however, with Mark Wilson, chief executive at Aviva, suggesting that the disclosure will lack “real bite” by being voluntary.“I am calling to go one step further,” he said. “We should give the disclosure real bite by making these recommendations mandatory, not voluntary. Only then will climate risk become integral to corporate governance and how we all do business.”Speaking at the IPE conference in Berlin earlier this month, Russell Picot, special adviser to the taskforce, said there was merit in “allow[ing] the marketplace to experiment first” before hard-coding requirements. Developing disclosures that are voluntary was in the task force’s mandate from the FSB from the very beginning.Law firm ClientEarth, meanwhile, warned that regulators and companies may use the TCFD recommendations on climate risk disclosure to avoid compliance with, and enforcement of, existing laws.Senior lawyer Alice Garton said: “These recommendations should set the standard for compliance with these existing laws. It shouldn’t be an ‘either/or’ choice, but there’s a very real danger some companies and regulators will treat it as such.”The task force arguably appears to pre-empt this point.In its report, it said companies in most G20 jurisdictions were already required to disclose material risks in their financial filings and that the recommended reporting framework “should be useful to organisations in complying more effectively with existing disclosure obligations”.
It is always nice when a coach’s former athlete stops by for an unexpected visit. This has happened twice in the last week for me. While I was at track practice Pete Schmidt (now living in Mishawaka, Indiana) stopped by. Pete was a track and cross country runner at Batesville High School in the 70’s. Pete held the 800 meter and 200 meter record at Batesville until a couple of years ago.A few days later, Dan Weisenbach (now living in Carmel, Indiana) stopped by the house. Dan was also a track and cross country runner from the same era as Pete. Dan, at one time, held the 400 meter record at Batesville. This record has been broken several times since. Dan is now a financial advisor and has a part-time office in Oldenburg.It was a lot of fun talking with both of them. It is nice for any coach to see the young men/women they have coached become successful adults with families of their own. Thank you Dan and Pete for stopping by!
Press Association City have not won any of the games since Aguero has returned, slipping seven points behind Chelsea in the Barclays Premier League and crashing out of the FA Cup to Championship Middlesbrough. City clearly need him back on song and Zabaleta is convinced it will happen sooner rather than later. Zabaleta said: “We need Sergio to come back to his best like he was in November, December when he was doing everything for the team – scoring goals, working hard for the team. “But after being injured for a long time for some players it is difficult to come back to his best, in terms of fitness. “I am sure Sergio will come back to his best. It is about confidence as well. The strikers need to feel they are in a good moment. Scoring goals is the best thing for them and I am sure as soon as Sergio scores one goal then he will again be one of the best strikers in the league.” City’s latest setback came against relegation-threatened Hull on Saturday, when it needed a last-gasp James Milner free-kick to salvage a 1-1 draw. Zabaleta acknowledges the champions’ problems are not just confined to the strikers, with City having not kept a clean sheet since they overcame Crystal Palace 3-0 on December 20, 10 games ago. The 30-year-old said: “We have to say defensively we are not doing great at the moment. We are conceding goals every game. We know clean sheets are always important for the team winning games. “There are defensive and offensive things we need to improve if we are to win something this season.” Argentina striker Aguero was in superb form earlier in the season, scoring 19 goals in 21 appearances before being struck down by a knee injury in December. Since returning from the resulting five-week lay-off a month ago he has not found the net again, going scoreless in five games – a run that has coincided with a downturn in results. City need to stop the rot to prevent Chelsea marching further clear but they face a difficult return to action at Stoke on Wednesday. The Potters, managed by former City boss Mark Hughes, are in good form having won six and lost just one of their last nine while they also won at the Etihad Stadium earlier in the season. Zabaleta, who was signed by Hughes in 2008, said: “We are under pressure and we know it will be really hard because we know we have to win every game. Everything is very tight and there are no easy games in this league. “If we want to be a team that is trying to retain the title, and keeps going to the end, we need to win the games.” Manchester City defender Pablo Zabaleta believes compatriot Sergio Aguero needs just one goal to get firing again.