New £20 banknote issued

first_img  18 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis A new £20 note will be issued tomorrow by the Bank of England. The image of Sir Edward Elgar on the reverse will be replaced with that of Adam Smith, “one of the fathers of modern economics”. So, don’t be surprised if your collecting tins or shop tills contain a few of these from tomorrow onwards.The new note is the same size and predominately the same colour as the old-style £20 note but it contains enhanced security features.Both versions of the note will circulate in tandem while the old-style Elgar note is progressively withdrawn from circulation. As is usual practice, the Bank of England will then announce the date on which it will cease to be legal tender. As with all Bank of England notes, however, they can always be exchanged for their face value at the Bank in London.At the end of December 2005 there were around 1.2 billion (1,234,900,000) £20 banknotes in circulation, representing 55% of total notes by volume, 63% by value. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. New £20 banknote issued Tagged with: Finance AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 12 March 2007 | Newslast_img read more

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Counting to start in Ireland’s ‘three-way tie’ election

first_imgThe Greens were next on 7.9 percent and Labor on 4.6 percent.However, Ireland uses a single transferable vote system to elect multiple deputies from each of the 39 constituencies, making it hard to extrapolate a likely seat forecast from the first preference votes exit poll.Count centers will begin sorting ballot papers from the estimated 3.3 million eligible voters at 0900 GMT.Some 159 seats are up for grabs in the Dail, the Republic of Ireland’s lower house of parliament, but filling them may not be quick due to the multiple rounds of counting required. Vote-counting begins on Sunday following Ireland’s general election which exit polls called as a three-way tie, meaning every ballot will count in the battle to form the next government.Prime Minister Leo Varadkar’s incumbent Fine Gael party, center-right rivals Fianna Fail and left-wingers Sinn Fein, on a dramatic surge in support, all received 22 percent of first preference votes, according to an Ipsos MRBI exit poll issued as the polls closed on Saturday.The survey of around 5,000 voters — which has an estimated margin of error of 1.3 percent — put Fine Gael on 22.4 percent, Sinn Fein on 22.3 percent and Fianna Fail on 22.2 percent. Topics :center_img Eunan O’Halpin of Trinity College Dublin university said it would take “perhaps two-and-a-half days for the full picture to be known” in terms of seats.Coalition posturing The shape of the government could take much longer to come into focus and may hinge on inter-party negotiations once the seat spread becomes clear.Following Ireland’s 2016 election it took 70 days before a new minority coalition government was formed under Fine Gael.During this year’s election campaign, Fine Gael and Fianna Fail both ruled out working with Sinn Fein, citing the party’s historic links to the Irish Republican Party paramilitary group.During “The Troubles” — 30 years of bloodshed when 3,500 were killed by bombs and bullets — the party acted as the political wing of the IRA in its battle to unite the British territory of Northern Ireland with the Republic of Ireland.Fianna Fail leader Micheal Martin also said he would not back centre-right rivals Fine Gael in a “grand coalition”.But his party has propped up the Fine Gael minority government through a confidence and supply arrangement since the last election — suggesting common ground could be found again.And analysts have said statements ruling out coalitions could be pre-election posturing, and party stances may change as the parliamentary arithmetic becomes clear.”We’ve never seen a general election result like it. Basically a statistical tie between what are now the three big parties,” said Pat Leahy, political editor of The Irish Times newspaper.He told RTE television that forming a government could prove “a very difficult exercise” unless parties compromised on their pre-election stances.PM’s future in the balance Varadkar became Ireland’s prime minister in June 2017 after an internal Fine Gael leadership contest. The party had been in power since 2011 under his predecessor Enda Kenny.Saturday was Varadkar’s first time facing voters at the polls as the PM, or taoiseach.Just 41 years old, he is Ireland’s first mixed-race and openly gay premier who has come to represent a more socially progressive nation after years of dominance by the Roman Catholic Church.He plumped for an early election after successfully helping to broker a deal cushioning Britain’s EU exit on January 31 by avoiding a hard border with Northern Ireland.Varadkar’s campaign was focused on Brexit — but did not seem to land with voters concerned with issues of healthcare, housing and homelessness.”The government handled the Brexit as good as could be done, but that’s over. There’s a phrase ‘eaten bread is quickly forgotten’,” O’Halpin told AFP.Irish voters tend to vote on local issues, he added.last_img read more

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USS launches hybrid structure, appoints Palmer as trustee

first_imgProfessor Sir David Eastwood, chair of the USS trustee board, expressed his gratitude to McDonnell for his service and welcomed Palmer to the board.“[He] has had a long career in the higher education sector, he is an experienced pension scheme trustee and understands the importance of USS as part of a good-quality employee benefits offer,” he said.Palmer’s appointment coincides with the first part of USS’s move to a hybrid scheme, which comprises a career-average DB section and a DC section.It used to be a final salary defined benefit scheme, with the reform thereof proceeding after trade unions backed a negotiated settlement with employers, and members in January last year voted on the changes.USS introduced its “career revalued benefit” (CRB) section on 1 April, known as the USS Retirement Income Builder.From 1 October, it will roll out a new defined contribution section, which it has called the USS Investment Builder. This section is for contributions paid on pensionable salary above £55,000, the threshold for the CRB pension. The UK’s £49bn (€62bn) Universities Superannuation Scheme (USS) has inaugurated its hybrid structure with the launch of its career revalued benefits section, a move it announced in connection with a trustee appointment.Professor Stuart Palmer, chair of council at Cardiff University, has joined the USS trustee board, effective from 1 April 2016.He was appointed to the board by Universities UK and replaces David McDonnell, who stepped down at the end of his term on 31 March.McDonnell had been a member of the trustee board since 2007, serving on several committees.last_img read more

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Holiday Calendar

first_imgTOY DRIVES: The Los Angeles Police Department is accepting new, unwrapped toys and books for needy children at any of its 19 stations. Chief William Bratton suggested that book donors inscribe an inspirational message on the inside front cover, wishing the child a happy and prosperous New Year. Penny Lane, a North Hills-based social serivces agency, is seeking gifts for the 1,500 abused and troubled children it serves in the San Fernando and Antelope valleys. A toy drive and gift-wrapping party will be held, 10 a.m.-noon Saturday at Penny Lane, 15314 Rayen St. For information or wish lists, call (818) 332-8260 or email [email protected] The Automobile Club of Southern California will accept donations of cash and unwrapped toys through Dec. 31 to benefit the Orthopaedic Hospital in Los Angeles. For information on how to donate, call (818) 997-6230. Beckford Elementary is having a “Toys For Tots” toy drive, 8 a.m., 19130 Tulsa St., in Northridge. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBlues bury Kings early with four first-period goals The Sherman Oaks Homeowners Association is having a holiday toy drive, 9 a.m-5 p.m., at Goodway Printing, 15121 Ventura Blvd., Sherman Oaks. FOOD DRIVES: Westside Food Bank will accept donations of canned food, 9 a.m.-4 p.m. weekdays, 1710 22nd St., Santa Monica. Call (310) 828-6016, Ext. 18. FOOD Share, a food bank that serves Ventura County, is accepting tax-deductible contributions. Mail to 4156 Southbank Road, Oxnard, CA 93036-1002. Call (805) 983-7100, Ext. 116, or see www.foodshare.com. Yarno Chiropractic Health Care Clinic is sponsoring a food drive for the Valley Food Bank throughout December and January. Donations may be dropped off Mondays-Fridays, 9 a.m.-6 p.m. and on Saturdays, 9 a.m.-1 p.m., 12626 Riverside Dr., North Hollywood. For informaton call (818) 980-0200. Send information on your holiday food or toy drive to: Holiday Calendar, Daily News City Desk, P.O. Box 4200, Woodland Hills, CA 91367; fax (818) 713-0058; e-mail [email protected] 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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Azlan Shah hockey: India’s title hopes crash with 1-3 loss to Pakistan

first_imgDefending champion India’s hopes of retaining the Azlan Shah Cup hockey title virtually ended on Wednesday as they suffered an embarrassing 1-3 defeat against arch-rivals Pakistan in a high-voltage match here.India squandered the lead gained through drag-flicker Rupinder Pal Singh in the 23rd minute as Pakistan rallied with penalty corner goals from captain Muhammad Imran and Sohail Abbas in successive minutes midway through the second session.India enjoyed an edge in the first half but lost the plot after change of ends with Asian Games gold-medallist Pakistan turning the tide in their favour by dominating the entire second session.Arjun Halappa-led side were unlucky as the referee disallowed a goal early in the match. They also wasted a few open chances in the first session which could have changed the complexion of the game.The loss also snapped India’s four-match winning streak against Pakistan since last year.With the loss today, India, outright winners in 2009 and joint champions with South Korea in 2010, slipped to the fourth spot in the round-robin league standings with seven points from five matches. Pakistan moved up to the third place with nine points in five games.World champions Australia are leading the standings after their 4-2 victory over South Korea today to secure to 10 points in four matches, while Britain are second on nine points from four outings.India have one match remaining — against New Zealand on Thursday, in the round robin league.Each side play six matches in the seven-team competition.The top two sides in the standings after the round-robin league will play in the summit clash on May 15.advertisementIndia had the first shy at the Pakistan goal in the eight minute when Vikas Pillay moved forward on the left flank and sent a diagonal cross to which Mandeep Antil failed to connect in the goalmouth.The Indians almost took the lead in the 14th minute on their first penalty corner but as Dhananjay Mahadik’s shot was blocked by the goalkeeper, but Shivendra Singh sent a stinging reverse from the top of the circle to hit into the boards.Dutch umpire Roderick Wijsmuller first signaled for a goal, but changed the decision after Pakistan team protested for an obstruction.Gurvinder Singh Chandi missed a sitter in the 20th minute when he failed to push in S V Sunil’s pass into an open goal, but penalty corner shooter Rupinder Singh put India ahead in the 23rd minute by sending a deft drag-flick into the cage.Rupinder, who made a huge impact in the tournament after finding a place in the squad due to absence of ace penalty corner taker Sandeep Singh, gave the lead with his sixth goal of the tournament but India failed to add any more.After India’s complete domination in the initial stages, Pakistan earned their first penalty corner in the 25th minute, only for Sohail Abbas to shoot wide to the left.Soon after, Mohammad Rizwan Senior sent in a diagonal cross from the right, but there were no strikers in front of Indian goal to capitalise on it.India forced another penalty corner in the last minute before half-time, but this time Rupinder’s soaring drag-flick was cleared by goalkeeper Imran Shah for a corner.Going into the second half with a 1-0 lead, the Indian citadel came under pressure on two occasions within four minutes. Indian goalkeeper Adrian D’Souza charged out to thwart Rehan Butt in the 38th minute when the unmarked striker got the ball in a one-on-one situation with the custodian.A minute later, Shakeel Abbasi sent a flick high over the cross-piece after darting in from the right flank.Rupinder made a fine clearance from under Rehan’s stick as he shaped to take a close-range shot at the goal in the 41st minute, but the pressure exerted by Pakistan was too much and in the 49th minute, Umar Bhutta scored the equaliser after getting Fareed Ahmed’s pass from left.Pakistan seized control of the match midway through the second session with two penalty corner conversions in two minutes.Captain Muhammad Imran beat the Indian defence with a drag-flick that went into the cage to the right of the goalkeeper in the 56th minute and Sohail Abbas made it 3-1 a minute later with a similar drag-flick into the net.India made some desperate efforts to bounce back into the game, but their moves failed to produce results against the experienced Pakistan team, which featured most members of the Guangzhou Asian Games gold winning squad.advertisementSeeking to prepare their team ahead of the Champions Trophy and the Olympic Qualifier, India have fielded a young team without several top senior players who are injured or were not considered for selection after not turning up for the preparatory camp.- With PTI inputslast_img read more

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Here’s How Much Jim Harbaugh’s Long Satellite Camp Tour Will Cost Michigan

first_imgHead coach Jim Harbaugh of the Michigan Wolverines leads his team onto the field before the college football game against the Michigan State Spartans.ANN ARBOR, MI – OCTOBER 17: Head coach Jim Harbaugh of the Michigan Wolverines leads his team onto the field before the college football game against the Michigan State Spartans at Michigan Stadium on October 17, 2015 in Ann Arbor, Michigan. (Photo by Christian Petersen/Getty Images)For weeks, Jim Harbaugh has been on the road, hitting satellite camps all over the country. Other Michigan assistants braved some horrible weather to teach football to players out in Australia a few weeks back. Michigan clearly believes it is gaining an advantage on the recruiting trail by hosting and participating in these camps, but it doesn’t come without a pretty hefty price tag. According to athletic director Warde Manuel, the whole thing is expected to cost around $350,000.Michigan AD Warde Manuel says after Regents meeting that U-M football’s satellite camp tour is expected to cost roughly $350,000.— Brendan F. Quinn (@BFQuinn) June 16, 2016 The real question: how much of this is Harbaugh’s eclectic collection of regionally-specific jerseys?MORE FROM COLLEGE SPUN:The 10 Most Aggressive Fan Bases In CFBIn Photos: Golfer Paige SpiranacESPN Makes Decision On Dick Vitalelast_img read more

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Gap Fiscal 3Q Earnings Snapshot

first_imgSAN FRANCISCO (AP) _ Gap Inc. (GPS) on Tuesday reported fiscal third-quarter net income of $266 million.The San Francisco-based company said it had net income of 69 cents per share.The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.The clothing chain posted revenue of $4.09 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $3.98 billion.Gap expects full-year earnings to be $2.55 to $2.60 per share.Gap shares have dropped 28 per cent since the beginning of the year, while the Standard & Poor’s 500 index has decreased 1 per cent. In the final minutes of trading on Tuesday, shares hit $24.66, a decline of 18 per cent in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPS at https://www.zacks.com/ap/GPSThe Associated Presslast_img read more

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Aseemanand, 3 others acquitted in Samjhauta blast case

first_imgPanchkula (Har): A special court here Wednesday acquitted Swami Aseemanand and three others in the Samjhauta train blast case that left 68 people, mostly Pakistanis, dead in 2007. All the four accused, Naba Kumar Sarkar alias Swami Aseemanand, Lokesh Sharma, Kamal Chauhan and Rajinder Chaudhary have been acquitted by the court, NIA counsel Rajan Malhotra said. The blast in the India-Pakistan train took place near Panipat in Haryana on February 18, 2007, when it was on its way to Attari in Amritsar, the last station on the Indian side. Before pronouncing the verdict, NIA special judge Jagdeep Singh dismissed the plea filed by a Pakistani woman for examining some eyewitnesses from her country. The court ruled that the plea of the Pakistani woman was devoid of any merit, Malhotra said. The blast had ripped apart two coaches of the cross-border train. The Haryana police registered a case, but the probe was handed over to the National Investigation Agency in July 2010. The NIA filed a charge sheet in July 2011 against eight persons for their alleged roles in the terror attack. Of the eight, Swami Aseemanand, Lokesh Sharma, Kamal Chauhan and Rajinder Chaudhary appeared before the court and faced trial. Sunil Joshi, the alleged mastermind of the attack, was shot dead near his home in Madhya Pradesh’s Dewas district in December 2007. The three other accused — Ramchandra Kalsangra, Sandeep Dange and Amit — could not be arrested and were declared proclaimed offenders. Aseemanand was out on bail, while three others were in judicial custody. The NIA had charged the accused with murder and criminal conspiracy, and under the Explosive Substances Act and the Railways Act.last_img read more

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Boeing, FAA say more time needed for fixing troubled 737 Max aircraft

first_imgNew York: Boeing and US aviation regulators say the company needs more time to finish changes in a flight-control system suspected of playing a role in two deadly crashes. The Federal Aviation Administration said Monday it anticipates Boeing’s final software improvements for 737 Max airliners “in the coming weeks.” Boeing was expected to complete the work last week, but FAA spokesman Greg Martin said the company needs more time to make sure it has identified and addressed all issues. Also Read – Thermal coal import may surpass 200 MT this fiscalChicago-based Boeing offered the same timetable as it works to convince regulators that it can fix software on the planes. “Safety is our first priority, and we will take a thorough and methodical approach to the development and testing of the update to ensure we take the time to get it right,” said Boeing spokesman Charles Bickers. Boeing needs approval not just from FAA, but elsewhere, including Europe and China, where safety officials have indicated they will conduct their own reviews. The planes have been grounded around the world since mid-March. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostThe news from the FAA suggests that airlines could be forced to park their Max jets longer than they expected. Airlines that own Max jets are scrambling other planes to fill some Max flights while canceling others. “We are aware that the resumption of service for our 737 Max aircraft may be further delayed, and our team will work with all customers impacted by any flight cancellations,” said American Airlines spokesman Ross Feinstein. American Airlines had been pointing toward a late-April return of its 24 Max 8s. Over the weekend, Southwest Airlines announced that its 34 Max 8s will be removed from the schedule through May instead of mid-April. United Airlines has idled its 14 Max 9s through June 5. Separately, US regulators and Boeing are awaiting a preliminary report from Ethiopian investigators into the March 10 crash of an Ethiopian Airlines Max 8 jet shortly after takeoff from Addis Ababa. The report will be scrutinized for information from the plane’s data recorders that might suggest similarities between the doomed flight and the October 29 crash of a Lion Air Max 8 into the Java Sea off Indonesia. The two crashes killed 346 people. Data from the Indonesian plane indicates that pilots unsuccessfully fought the automated anti-stall system for control of the plane, which plunged into the sea shortly after takeoff. According to published reports, the same system activated on the Ethiopian Airlines flight. Boeing is making changes in an automated system that is designed to prevent the plane’s nose from rising, which can lead to a dangerous aerodynamic stall. The changes include relying on readings from more than one sensor before the anti-stall system activates and pushes the nose down, and making the system’s actions less severe and easier for pilots to handle. Boeing has said it will pay to train pilots on the technology. Two American Airlines pilots who attended a session with Boeing experts last week expressed satisfaction with the manufacturer’s changes.last_img read more

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Dhoni credits tennis ball cricket for quick hands behind stumps

first_imgChennai: Mahendra Singh Dhoni is lightning quick behind the stumps and the veteran wicket-keeper batsman said it is a skill which he has developed from tennis ball cricket. Talking about his super quick stumpings, Dhoni said, “I think it’s something that’s come from tennis ball cricket. But you still have to do the basics and graduate to that level. If you want to keep like that you can make mistakes; so I still think basics are most important.” Also Read – We will push hard for Kabaddi”s inclusion in 2024 Olympics: Rijiju Skipper Dhoni has been in super form in the ongoing IPL and after sitting out for a couple of matches due to fever and a stiff back, he smashed an unbeaten 44 off 22 balls to power Chennai Super Kings to 179 against Delhi Capitals on Wednesday night. CSK were struggling in the beginning but thanks to Dhoni, CSK scored 20 runs from the last over bowled by Trent Boult with the stumper finishing off with two sixes off the final two balls. Asked about his power-packed knock, Dhoni said he had spent enough time on the wicket to understand the bowlinglast_img read more

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