Sunday, February 24, 2013

Unlocking growth in the urban core

LAST month, when the UK and international economies facing low growth rate, a series of deals that the major cities in the country - to invest in improving their critical infrastructure, local expertise, create jobs, while important to support Local businesses - announced by the Government. With Newcastle being one of the city's core to accept the deal City, possible side effects, the potential to open up and help kickstart economic growth in the region means that plans are achieved widespread optimism and enthusiasm. .. not only for the city but also for the wider region. The Newcastle and Gateshead Council agreed with the government to create an Accelerated Development Zone (adz). Zone is designated as Central Station and the Stephenson Quarter, Science Central and East traveler Street: all crying out for investment to overcome a number of obstacles to the development of overcrowding and can benefit significantly from the injection of funds. The purpose of adz to open the growth of urban core, and to restore the area to pre-recession economics course, which has seen more rapid growth in employment in Newcastle from other major cities. The deal allows the two council to fence and maintain the level of business proposed to ADZs, covering 80 hectares, for 25 years, while also means Newcastle and Gateshead should benefit from Increasing Tax Financing ( TIF) powers. The good news for the construction industry is that the board will immediately begin investing £ 92m program funded by the TIF, is set to create the impetus for the sector to 600 construction jobs and 1,500 permanent positions within five years - leading to 13,000 expected over the next 25 years. That is not to say that the deal is a remedy for all injuries and disabilities in the development of our region and the industry in general double-dip recession. Nor does the calculation for job creation and worth £ 800m of private sector investment is immune to speculation. However, we only region in the UK with the excess balance of trade, and development plans - and potential benefits - long-term.

Thursday, February 21, 2013

Vital social housing built in rural villages

Esh builder boomed new £ 800m on rural development to provide six new affordable homes in the town of Chatton in north Northumberland, with nine self-build plots. This method involves four bungalows and two parent family homes, all made available for social rent for hard requirements in the local area. David Halfacre, chairman of the Durham company Esh Property Services, said: "Providing much needed affordable housing in rural Northumberland is very important to us. "This is the third project we have recently involved in rural Northumberland and we have more in pipeline. "At Chatton we work together as a team to ensure the scheme with the local community. Work is progressing well and we look forward to handing over the keys to the ISO in October. ' The company expects to complete the job in October. All the new properties built using stone Chatton, to blend with the existing village and the wider local environment. It was developed to meet the standards in Government Code for Sustainable Homes Level 3 and all are equipped with a multi-fuel solid fuel stove. The National Housing Federation has found now has nearly 9,000 households in need of homes, new affordable rent in Northumberland. Many families will never be able to buy, because the price of the average home is 9.2 times the average wage in place now ... well above the wide-area 7.5 times the average wage.

Friday, February 15, 2013

Added burden to the company Bribery Act

THE implementation of the UK Bribery Act legislation is not a smooth transition. While Act received Royal approval on April 8, 2010, it was not effective until July 1 last year after three false starts. He said that while the actions do not take effect in October 2010 or April 2011 as planned, the Ministry of Justice guidance is not given until March 30, 2011. Drafting style guide to follow the style adopted for many of the guidance provided by the government in connection with regulatory issues and very much along the lines of "do not panic, nothing much will change as a result of the Act it ". Basically, the law is part of the codified law reiterating that bribery is illegal. There are some stylish new term as rings now "active bribery" and accepted a bribe to "passive bribery". However, the elements of the failure of a new legal entity to prevent bribery and a new element that has most concerned that businesses have to send huge. As a result of "part seven" new issues such as corporate entertaining, the behavior of the people involved (including agents and employees in other countries) can now get all the action. The Justice Department guidance indicates that all responsible business should have some form of compliance and guidance while the words were meant to reassure, the fact that the user indicates that even micro businesses to train staff orally once or twice a year, meaning that the UK Government wants to attempt to make compliance very seriously. Shows more detailed guidance Ministry of Justice with six basic principles that businesses should follow to ensure compliance. Each principle is given a chapter in a more detailed guidance notes, again demonstrating compliance rate is expected. Citing some guidance, it is clear that all businesses need to be aware of the Act. Small businesses can get away with a verbal briefing to staff but larger multi-national PLC and should be written procedures in place to deal with compliance. A key area for the Olympics and Jubilee Year is due diligence. Businesses are expected to assess the market risk and the type of work. If a lot of business is done through third party agents, particularly overseas, the business is expected to ensure that they are in accordance with the Bribery Act. Several attempts entertaining and hospitality companies in the UK (risk areas within them under the Act) will conduct the sale with ticket agents and third parties. Businesses should therefore ensure that the agent is identified, and that he was familiar with their obligations under the Act. Given the scale of tourism is expected in 2012, it could put another burden on UK businesses as we begin to emerge from the economic slowdown. :: Neil Warwick is a partner at Dickinson Dees, the leading law firms in the region.

Wednesday, February 13, 2013

New safety rules for drivers

Employers with employees who do a lot of driving as part of their job is to take a lesson from some road safety laws more expected this year. This law is intended to plug loopholes in the law of road safety that exists with the introduction of a new offense causing serious injury by dangerous driving. New offense will serve as a clear message to all drivers, especially those who do a lot of driving to work, driving the weak standards will not be tolerated and offenders will be dealt with very strictly by the courts. Offense will carry a maximum prison sentence of five years. This is more than double what dangerous driving sentences in non-fatal cases. The purpose of the new legislation is to recognize the severity of dangerous driving causing death but with a very adverse impact on the lives of victims and their families. As with the existing law, the actual level of fine is determined by the judge, taking into account the severity of the offense and the extent of damage caused. However, how the new offense of work yet to be completed so that employers would do well to monitor the progress here. For example, there is no proposed definition of what constitutes a serious injury. In particular, there is no indication of whether or not the injury must have permanent consequences for the victim, or if serious injury, even fully recovered from time to time, will be included. What is clear is that in many cases under the new law is determined in detail the medical evidence and can add additional time and cost to complete the case. Hence, for SMEs to implement one of those people who do a lot of driving as part of their role, it is wise to take this opportunity to ensure that workplace policies drove up to date and fully implement their business. This will help to reduce the risks associated with employees driving to work and ensure that risks are effectively controlled.