Le Triomphant It's only when I look back at a situation that plainly understand its purpose. (HMS Vanguard and Le Triomphant), while part of me feels resentment, I also see that I have been only prolonging the agony this way.(UK business loan scheme ‘not working’, plus BMW to cut 850 Mini jobs) Focusing on the positive aspects and this can give me the strength to keep moving forward. I don’t have to compromise MY principles. And anyway, I’ve not given in before, so I shouldn’t let pressures force me to now. While it’s great to get priorities right, it’s also important to put certain people in their place. (HBOS/Barclays). Monday, 16 February 2009. 11:41:51. How much cost my writing? “Favour”, “five quit”, or a lá
Minus than that famous “Favour”.
February 16 2009 00:19 Only about £12m has been lent to companies under the government’s £1bn loan guarantee scheme for small business, a month after it was launched, according to analysis by the Financial Times. Leading business organisations on Sunday attacked the “trickle” of funding from the banks, warning that government attempts to kick-start corporate lending simply were not working.
Employers’ groups also criticised the lack of apparent progress on government initiatives to provide multibillion- pound packages to help car manufacturers’ finance arms and guarantee the credit insurance that underpins supply chains. Concerns about the withdrawal of credit insurance, which covers suppliers against the risks of purchasers not paying their bills, are so serious that the Bank of England has intervened. Andrew Bailey, the Bank’s chief cashier, has called meetings to try to convince companies and credit insurers to keep working together. Gordon Brown, prime minister, sought to defend the government’s record on helping business by last week repeatedly citing the £1bn loan guarantee scheme as evidence of “what we [the government] have done for business”. He told MPs that “60,000 businesses have already benefited” from state initiatives to help cope with the credit crunch and recession. Yet that 60,000 figure appears due entirely to a scheme to help businesses defer tax. Phil Orford, chief executive of the Forum of Private Business, characterised this support as “nowhere near enough ... Government measures to underwrite bank lending to small businesses are not being delivered.” The department for business on Sunday refused to state how many companies had been helped under the £1bn loan guarantee scheme or how much funding had been committed.
But Barclays told the FT it had sanctioned “at least £12m” under the scheme and the first loans had been drawn on. Royal Bank of Scotland said it was “processing applications” but refused to say if it had made any loans. “There’s only a trickle of lending,” said Stephen Alambritis of the Federation of Small Businesses. “The concept of banks being helped to help the economy is not working.” John Cridland, deputy director-general at the CBI, warned: “Business has not seen anything get better.”
Mervyn Davies, trade minister, will on Tuesday meet Mervyn King, the Bank’s governor, to try to ease credit to car companies’ finance arms. The Bank is also working on regulations to govern the way credit insurance is applied and withdrawn, as well how much information companies must give to their suppliers’ insurers. Companies called in by the Bank for talks on credit insurance include Premier Foods and DSG, leaders in the food and electrical goods sectors respectively. Their presence reflects how credit insurance problems have begun to hit even
Nuclear sub 'in Atlantic collision' Monday, February 16 07:20 am A Royal Navy nuclear submarine has collided with a French vessel in the middle of the
The crash between HMS Vanguard and French submarine Le Triomphant, which was also carrying nuclear warheads, is believed to have occurred on February 3 or 4. Despite being equipped with sonar to detect other vessels, neither submarine apparently realised the other was in the same part of the ocean. A senior Navy source told a newspaper the potential consequences of such a collision were "unthinkable". He said: "It's very unlikely there would have been a nuclear explosion. But a radioactive leak was a possibility. Worse, we could have the crew and warheads. That would have been a national disaster." The Ministry of Defence (MoD) refused to confirm the incident had taken place, saying it was against its policy to comment on submarine operations. However, a spokesman insisted nuclear security had not been breached. He said: "We can confirm that the
Inquiries are under way on both sides of the Channel.
Hotel assaltado em Albufeira O hotel Falésia Mar em Olhos d´Água, Albufeira, foi assaltado hoje de madrugada por um homem armado. A investigação está a cargo da Polícia Judiciária. 11:01 Segunda-feira, 16 de Fev de 2009 O hotel Falésia Mar em Olhos d´Água, Albufeira, foi hoje de madrugada assaltado por um homem armado e encapuzado disse à Lusa fonte da GNR. A Polícia Judiciária vai investigar o caso. O assalto, que ocorreu à 01:00 de hoje, foi feito por um homem que conseguiu escapar e que levou uma quantia desconhecida de dinheiro, adiantou a mesma fonte. Também hoje de madrugada, às 02:15, três homens encapuzados e armados roubaram um camião dos estaleiros da Repsol em Sines. Segundo a GNR, os indivíduos agrediram um segurança do estaleiro antes do assalto. A GNR desconhece se o camião estava carregado.
Busy Czech railway blocked as freight trains collide (Mini, Germs and videotape…)
updated: 13.09.2008 13:32:00Po srážce vlaků u Moravičan stála doprava 16,5 hodiny
Moravicany - An engine driver died and one of the Czech Republic's busiest railway tracks, connecting Prague and Olomouc, has been blocked since the small hours today when two freight trains collided in the Moravicany area, Railway Inspection head Jan Kucera said. Passenger and express trains along the track that crosses the country in the Prague-Olomouc-Ostrava west-east direction have been delayed by tens of minutes. Most trains' passengers are offered to use buses to cover the impassable section. Some trains have been rerouted. The trains collided at 02:16, one crashing into the other from behind. "For the time being we don't know whether the latter train was going or standing. It is too early to tell the cause of the accident. Human factor seems to be at fault, but a technical defect cannot be ruled out either," said Kucera. Both trains were going in the direction towards
The damage is 5 million crowns, according very preliminary estimates, the spokeswoman said. The track might be reportedly unblocked at around 15:00 today. (USD1=17.363 crowns)
На Тернопольщине электричка столкнулась с автобусом: 6 погибших
14 февраля 2009 | 11:37 В Тернопольской области в субботу в районе 10:00 произошло столкновение пригородного дизельного поезда с пассажирским рейсовым автобусом "ПАЗ". Как сообщил руководитель пресс-службы Министерства по вопросам чрезвычайных ситуаций Игорь Кроль, авария произошла около села Прошево Тернопольского района на нерегулируемом железнодорожном переезде. По предварительным данным 6 человек погибли - 5 погибли на месте происшествия, один во время транспортировки в больницу. 14 госпитализированы с травмами различной степени тяжести, из них 8 находятся в тяжелом состоянии. Еще 10 пассажиров автобуса проходят медицинское обследование. В автобусе на момент аварии находилось около 30 человек. На месте работают спасатели МинЧС и сотрудники правоохранительных органов. Причина аварии устанавливается. Кабинет министров создал комиссию для расследования причин столкновения дизельного поезда пригородного сообщения с рейсовым автобусом ПАЗ в селе Прошево Тернопольского района Тернопольской области. Представители комиссии уже выехали на место аварии Поезд госсообщения столкнулся с автомобилем на Украине
14 февраля 2009, 18:06 Столкновение электропоезда государственного сообщения «Киев-Санкт-Петербург» с автомобилем произошло в Черниговской области, два человека погибли. Как сообщают украинские СМИ, на 19 км автодороги Чернигов - Нежин - Прилуки - Пирятин, водитель автомобиля «ВАЗ-21063», двигаясь в направлении города Нежин, выехал на запрещающий движение сигнал светофора на железнодорожный переезд и попал под поезд, который шел из Киева в направлении Чернигова. По данным пресс-службы Департамента ГАИ МВД Украины, водитель и пассажир легкового автомобиля от полученных травм погибли на месте происшествия. По факту ДТП проводится расследование, сообщает Фонтанка.Ру.
BMW to cut 850 Mini jobs 8 hours 53 mins ago BMW has confirmed that 850 workers will be laid off at its Mini car plant in the latest blow to the
Talks between the BMW-owned firm and unions had been held over changing the current work pattern of three shifts a day for seven days a week. The factory has started a week-long halt to car production in response to the dip in motor sales caused by the recession. The Mini celebrates its 50th anniversary in August of this year. The car industry has been hit hard by the recession, with thousands of workers laid off in recent weeks.
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