February 26, 2021

Business News

More than 800,000 private tenants in England and Wales could be behind on their rent, with young people and the self-employed most likely to have missed payments, research for a landlords group has found.

The National Residential Landlords Association (NRLA) warned of a “rent debt crisis” and called for government action to help struggling tenants.

A survey for the NRLA found 7% of renters had built up arrears as a result of the coronavirus pandemic, a figure that would equate to 840,000 people across England and Wales.

While the average arrears were between £251 and £500, some tenants reported that they owed their landlord more than £1,000.

Renters aged between 18 and 24 were twice as likely to have fallen behind as the general population of tenants, and the self-employed were most likely to be struggling, with 17% saying they had built up debts to their landlord.

These groups have … Read the rest

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Tonight’s the night: Saturn and Jupiter will appear closer in the night sky than they have in centuries, in an astronomical event called a conjunction.

The gas giants, the solar system’s two largest planets, will appear only 0.1 degree apart overhead on Monday. They’ll move slightly farther from each other during the rest of this week, but remain unusually close.

In the northern hemisphere, the duo can be seen shining brightly in the southwestern sky soon after sunset. In the southern hemisphere, they’ll glow in the western sky.

In reality, the planets are separated by 456 million miles of space. Jupiter, the more massive of the two, is about 550 million miles from Earth, and Saturn is roughly 1 billion miles away.

“Jupiter comes around every 20 years … Read the rest

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One of the biggest and toughest responsibilities for online business owners is to generate more sales regularly. No matter what products or services you intend to offer to the public, promoting them to your target audience requires plenty of time and effort before you can see the effect.

You might choose to post regular blog updates on your site, but it may not be enough to get the revenue for your e-Commerce store that you are aiming for. When times like these happen, you should consider using the guest posting strategy to boost your marketing efforts.

Studies claim that 59% of marketers believe that using a compelling content marketing strategy can do wonders to boost online sales. With the help of guest posting, you can get more results than relying solely on inbound marketing strategies.

But what is guest posting?

If you choose the guest posting strategy, you need the … Read the rest

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By Patricia Mirasol

Plants have already solved a lot of the questions we ask ourselves how to solve. In a Business of Design Walk session entitled “Can Plants Give us New and Visionary Solutions to Design Problems?,” JA Studio’s Kigge Mai Hvid talked about drawing inspiration from the plant kingdom to create better lives for people and the planet. 

The artist and founder of the Index: Awards, the world’s largest design award, gave several examples for solving specific tasks. Solutions for cleaning up nuclear waste, for instance, might be drawn from sunflowers. Huge beds of the plant can be found thriving and offering cheer in the wastelands of Fukushima. Mangroves, meanwhile, with their capability to desalinate water, can be used to provide clean drinking water. Those looking to design structures with strength and flexibility, on the other hand, can scrutinize the pomelo. Because of its organized peel Read the rest

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The mayhem in UK ports caused by the pandemic and stockpiling before the end of the Brexit transition period will not ease early next year. In fact, it will get much worse, with the potential to “kill trade and businesses”.

So warns a former Customs & Excise official who has spent 25 years advising businesses on how to comply with global customs rules.

“The first five days in the new year will be fine,” said Steve Cock, an adviser to KGH Customs, a trade consultancy owned by Danish shipping giant Maersk. “But after that first long weekend, things will get sticky. It won’t be long before lorries take 24 hours to get into the Channel tunnel.”

For years, UK businesses exporting to the EU have been able to move goods throughout the bloc without stumping up any supporting declarations.

From January 1, however, all UK firms shipping to the EU … Read the rest

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We finally have a deal.

On a whirlwind Sunday, Senate majority leader Mitch McConnell announced that lead Republicans and Democrats reached a deal for a $900 billion stimulus package. The relief package will send most Americans a $600 stimulus check. And the bill provides $300 weekly enhanced unemployment payments to most jobless Americans.

The $900 billion stimulus package is scaled back from the $2.2 trillion CARES Act passed in March, but it is on par with the $787 billion stimulus package signed into law in 2009 by President Barack Obama.

The deal, which was struck on Sunday and still needs to be passed by the Senate and House, would also include funds for small business loans, vaccines, schools, and $25 billion in rental assistance (as well as an … Read the rest

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No matter the size of your U.S. import business or whether you’re contemplating foraging into the complex world, your first port of call is the U.S. Customs and Border Protection. The CBP is the Department of Homeland Security’s border protection agency charged with managing, controlling, and protecting U.S. borders at and between official entry ports. Its responsibilities include enforcing hundreds of regulations and enabling lawful trade. Where do you fit in?

Do I need an import permit?

Every import into the U.S. goes through CBP’s inspection, but while some commodities don’t require any import licenses, others may require them.

How are import duties calculated?

Importers need to take obligatory steps of entry, inspection, evaluation, classification, and liquidation to attain clearance. Liquidation is when the CBP officer ascertains the final rate and sum of duties on the goods. Usually, duties are calculated as a percentage of the dutiable value of the … Read the rest

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Singapore is investigating 13 cases of COVID-19 infections among people who served their quarantine at a hotel along the city’s Orchard Road shopping strip.

The cases, all imported, had “high genetic similarity” despite the victims arriving from 10 different countries, the government said in a statement on Saturday. Singapore said it conducts whole genome sequencing and phylogenetic analysis on all COVID-19 cases, and it takes about four weeks to culture the virus and complete the sequencing.

The people were confirmed between Nov. 2–11 to have COVID-19, and had stayed at the Mandarin Orchard Singapore hotel between Oct. 22 and Nov. 11. They arrived from places including Bahrain, Canada, Indonesia, Myanmar, Netherlands, the Philippines, South Korea, the UAE, the UK, and the US.

“Epidemiological investigations were immediately initiated to determine if there is a potential link between these 13 cases, and to study if transmission could have occurred locally, and not … Read the rest

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Organisations understand they must consider the health and safety of their employees and as we continue to come to the end of 2020 – with pandemic restrictions still in place- employers are aware they need to take greater responsibility for the health and wellbeing of their staff.

Brendan Street, Professional Head of Emotional Wellbeing, Nuffield Health looks at how the nation has collectively experienced the challenges to mental wellbeing brought about by the current pandemic. Here he says that if we act now, and act together, we can use this shared experience of distress to bring about change.

At Nuffield Health, our latest research is aimed at helping businesses to encourage empowering conversations around mental health, so more people access the support they need, earlier. Now presents an opportunity to change the nature and content of our language around mental health and mental fitness.

We believe most organisations, where possible, … Read the rest

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You may have read that the unprecedented COVID-19 vaccine rollouts in the U.K. and the U.S. have hit some early road bumps. In the slightly more than a week since the Food and Drug Administration (FDA) gave Pfizer and BioNTech’s coronavirus vaccine an emergency authorization for certain groups at the highest risk of COVID, such as health workers and nursing home residents, there have already been issues with distribution and disparate, confusing policies on to whom exactly the first doses should go.

None of this is all that unexpected, given the highly complex nature of this project and the gamut of stakeholders who need to work together to make a vaccine campaign successful. But one thing that may be giving Americans pause as the effort rolls out is the wave of initial reports of side effects experienced by some of the first people in the U.K. and the U.S. to Read the rest

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