Jessops files for administration with 17 stores and 120 jobs at risk

first_img whatsapp Also Read: Jessops files for administration with 17 stores and 120 jobs at risk Share Jessops, the camera retailer owned by Dragons’ Den investor Peter Jones, has filed a notice to appoint administrators after it was affected by lockdown restrictions. The company, which was bought by Mr Jones in 2013, currently employs 120 staff and runs 17 stores. “We are working closely with key suppliers and partners to agree a way forward and PJ Investment Group have confirmed that they stand ready to provide additional funding if a suitable agreement can be reached on sustainably supporting Jessops in the next stage of its development.” The camera shop chain last appointed administrators in 2019 and shrunk its store estate from 46 branches to 17. Jessops files for administration with 17 stores and 120 jobs at risk “No doubt, that will include further growing Jessops’ digital offering, as well as considering the opportunities to partner with other retailers to continue Jessops’ high street presence. Michiel Willems Also Read: Jessops files for administration with 17 stores and 120 jobs at risk A spokesman for Jessops said: “We have filed a notice of intention to appoint administrators with a view to consider a CVA process in order to protect the business for our staff, our partners and creditors as we look to carve out a new strategy that will enable the business to continue to compete. Friday 26 March 2021 1:21 pm It has hired insolvency specialists FRP and said it is now considering a Company’s Voluntary Arrangement (CVA) restructuring process in a bid to protect its long-term future. whatsapp Show Comments ▼last_img read more

Construction at area’s Air Force installations to inject $1.5B into Interior economy

first_imgInterior | MilitaryConstruction at area’s Air Force installations to inject $1.5B into Interior economyApril 28, 2017 by Tim Ellis, KUAC-Fairbanks Share:Workers pull down old radar structures that were part of the now-defunct Ballistic Missile Early Warning System at Clear Air Force Station in October. The Cold War-era BMEWS was removed and recycled to make way for new construction. About a billion dollars’ worth of work is under way at Clear, related to installation of the a new radar system that will provide much greater coverage for such missile-defense facilities as the base at Fort Greely. (U.S. Air Force Space Command)Summer promises to be a busy construction season for the Interior because of a series of projects at the region’s two Air Force installations. The projects will inject more than $1.5 billion into the area’s economy.Audio Player Up/Down Arrow keys to increase or decrease volume.Work is just getting under way on a $22 million building at Eielson Air Force Base that will enable pilots of the new F-35 fighters that are coming here to train in a computer-simulated environment.“We just broke ground on that. So, that project is ongoing,” said Kevin Blanchard, who directs the F-35 Program Integration Office for Eielson’s 354th Fighter Wing. “We expect it to finish in about October of ’18. We’ll get our first aircraft in April of 2020. But to do that, we’ve got to build a bunch of facilities.”About $510 million worth of facilities will be built over the next couple of years to accommodate two squadrons of F-35As that’ll be based at Eielson.Blanchard said Eielson has opened its South Gate to give workers easy access to their construction sites on that end of the base.“We have a very congested front gate at certain times of the day right now,” Blanchard said. “Our ability to use that South Gate as a contractor/construction gate just during the time period of the F-35 buildup will alleviate a lot of that congestion and traffic.”A project to improve the South Gate intersection with the Richardson Highway will get under way later this year, state Transportation Department spokeswoman Meadow Bailey said.“There will be some installation of overhead lighting, some signing, striping,” Bailey said, “Then, constructing a north- and south-bound turn lanes onto Eielson, and then there will be a northbound acceleration lane.”Blanchard said seven projects are scheduled to get under way on Eielson this year in support of the F-35s, including one for $9.4 million to build six munitions-storage bunkers. And another, estimated to cost between $40 million and $50 million, to construct a maintenance hangar.“That involves all the people that are coming with the airplanes, that’ll fly ’em, fix ’em, support ’em – that type of thing,” Blanchard said.About 1,250 people are coming to Eielson to fly, fix and support the F-35s, nearly all of them active-duty personnel.That number could grow to about 1,370, Blanchard said. He said Lockheed, the aircraft manufacturer, will bring about 60 workers, and subcontractor Pratt and Whitney, which builds the jets’ engines, another half-dozen. And he said most of the newcomers will bring family.“We’re expecting about 60 percent of those folks to have families,” Blanchard said. “The total number that we’re looking at, as far as coming into the community, would be about 3,500.”But Jim Dodson, president and CEO of the Fairbanks Economic Development Corporation, said Eielson doesn’t have anywhere near enough on-base housing to accommodate all those newcomers.“Seventy percent of them are going to have to live off-base,” Dodson said.The newcomers will need another 800 units of housing, Dodson said. Building them will pump another $80 million to $100 million into the local economy.Eielson’s projects, he said, combined with construction of a new radar facility at Clear Air Force Station, just south of Nenana, are giving the area’s construction industry a badly needed boost.“That whole project, including the long-range discrimination radar and the buildup of that base – that’s about a billion dollars’ worth of construction,” Dodson said.Dodson said the economic boost from both military-related construction and the growing workforce it’ll bring will go a long ways toward alleviating the recession that’s set in statewide since oil prices began to plummet four years ago.Share this story:last_img read more

Fela Kuti’s Muse: A Q&A with Sandra Izsadore

first_imgUncategorizedFela Kuti’s Muse: A Q&A with Sandra IzsadoreBy Drew Tewksbury – April 25, 2013996ShareEmailFacebookTwitterPinterestReddItPlayed by Michelle Williams in Fela!, Afrobeat pioneer Fela Kuti’s muse, L.A. activist Sandra Izsadore, has her say.How did you first meet Fela?I went to the Ambassador Hotel to hear this group from Nigeria. I made eye contact with him, and there was this strong connection. We became friends and were inseparable. He moved into my parents’ home.What books did you give him to read?The Autobiography of Malcolm X and writings by Angela Davis and Huey Newton. I told him about the Black Panthers and the activities that I had been involved with.How did your life change after he left?Meeting Fela was a paradigm shift for me. I had no idea that changing the consciousness of his colonial mentality would dictate the rest of my life, too.April 26-May 5, Ahmanson Theatre,  TAGSFela KutiL.A. CultureSandra IzsadorePrevious articleCOVETED: Hollywood HeelsNext articleMexican Sashimi: A Spicy AlternativeDrew Tewksbury RELATED ARTICLESMORE FROM AUTHORFollow in Pee-wee Herman’s Footsteps Across L.A.What Defines a Successful Immigrant?The Undocumented Immigrants Who Are Redefining ‘American’last_img read more

News / Air cargo boom at Budapest Airport as multinational shippers move in

first_img First-quarter air freight volumes at Budapest Airport rose 20.8% year-on-year, driven by growth in Hungarian manufacturing.Total volumes exceeded 235,000 tonnes for the three-month period, and cargo manager Jozsef Kossuth told The Loadstar at Air Cargo Europe in Munich last week it was thanks to major manufacturers setting up shop in the country.“Samsung has spent €300m on what will be its third factory in Hungary,” said Mr Kossuth. “We also have the likes of Huawei, GM and GSK here.”This has resulted in significant demand for space on airlines and Air China, Cargolux, Emirates, Turkish Cargo and Qatar Airways are all active.“Cargolux operates three full-freighter flights a week from Budapest,” he said. “Turkish and Qatar each operate three weekly freighter services.”Mr Kossuth said there had been concerns at first that export volumes between Hungary and China would not be sufficient to sustain cargo interest.“However, with Emirates carrying 100 tonnes a week last year on daily passenger services, these concerns were swiftly put to rest,” he added.“And there has been increasing demand from forwarders for more services – we have the cargo, we have the forwarders and we have the facilities.”Much of this manufacturing boom is down to a government push to entice companies into the Eastern European country. Mr Kossuth said the government of Viktor Orban introduced tax incentives and further discounts for companies that set up shop in Hungary.“We are capitalising on this and have introduced our own incentives to draw carriers in,” said Mr Kossuth. “For new routes we apply high discounts.“In a carrier’s first year of operating, we apply a 100% discount to landing fees, which is reduced to 80% in the second year, 60% in the third and so on.” Alongside this, Mr Kossuth said, no taxi fees are applied for the first three hours, and described handling and operational costs as “favourable”.“Our labour costs are one third of what you’d pay in western Europe,” he added. “And while they are rising, they won’t be level for another 10-15 years.”Now the gateway is working on its infrastructure, with two new facilities, measuring 16,000sq metres, to be made available to DHL and TNT.“All four of the big integrators, DHL, FedEx, TNT and UPS, are here,” said Mr Kossuth. “At peak periods, DHL is operating three flights a day.”And by the first quarter of 2019, Budapest will have inaugurated a separate 16,000sq metre cargo building for its own purposes, as well as new warehouses and facilities for forwarders.“We believe Hungary’s economic stability and the level of support the airport is receiving from the government will help us thrive,” he said. “And we think that with these developments in place, we will be able to take back some of the volumes we have seen leak to surrounding countries.” By Alexander Whiteman 15/05/2017center_img Péter Gudellalast_img read more

A new Alzheimer’s drug, once worth billions, is headed for the trash

first_img National Biotech Reporter Damian covers biotech, is a co-writer of The Readout newsletter, and a co-host of “The Readout LOUD” podcast. Damian Garde GET STARTED Log In | Learn More What’s included? By Damian Garde Jan. 8, 2018 Reprints Axovant Sciences (AXON), 2017’s most talked-about biotech company, is abandoning the drug that made it famous after yet another clinical trial failure.The company, valued at more than $2.8 billion in September, will no longer study intepirdine after finding the drug to be useless against dementia with Lewy bodies, a memory-destroying disease that can affect mood and balance. Last year, intepirdine failed in a 1,300-patient Alzheimer’s disease trial, sending Axovant’s share price down more than 75 percent. @damiangarde David Duprey/AP STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.center_img [email protected] What is it? A new Alzheimer’s drug, once worth billions, is headed for the trash Tags dementiajpm18patientspharmaceuticals Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+. First 30 days free. GET STARTED Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Biotech About the Author Reprintslast_img read more

Fisker tasked with developing all-electric popemobile

first_imgAdvertisementTags: FiskerPope FrancisVatican Vatican asks Instagram to get to the bottom of Pope account’s lingerie model ‘like’ November 21, 2020 Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Pope Francis refers to China’s Uyghurs as ‘persecuted’ for the first time November 24, 2020 Vatican says it will not bless same-sex unions, calling them a ‘sin’ March 16, 2021 RELATEDTOPICScenter_img AdvertisementThe interior of the vehicle will contain “a variety of sustainable materials, including carpets made from recycled plastic bottles from the ocean,” he said. Fisker said it got more than 16,000 orders for the Ocean, with production slated to begin on November 17.The popemobile is the name given to custom-built vehicles used to transport the Pope at public appearances. According to the United States Conference of Catholic Bishops, the vehicles are designed to protect the pontiff while allowing him to be visible to crowds. Pope John Paul II was warned about abusive archbishop Theodore McCarrick, Vatican admits November 10, 2020 Advertisement AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments CNN — Fisker is set to develop the first all-electric popemobile based on the carmaker’s new Ocean SUV.The co-founders of the American electric carmaking startup, Henrik Fisker and Geeta Gupta-Fisker, had a private audience with Pope Francis on Thursday to show off the new design.The team presented the Vatican with a concept of a modified Fisker Ocean, a sleek SUV with an all-glass cupola, giving crowds the best chance of seeing the pontiff. Fisker said the car is expected to be delivered to the Pope next year. “I got inspired reading that Pope Francis is very considerate about the environment and the impact of climate change for future generations,” Henrik Fisker said in a statement. last_img read more

Regina rep facing $100,000 fine

Share this article and your comments with peers on social media Facebook LinkedIn Twitter Keywords Know your client,  EnforcementCompanies Investment Industry Regulatory Organization of Canada PwC alleges deleted emails, unusual transactions in Bridging Finance case Related news In its decision dated January 2, the panel imposed a $100,000 fine on Gareau, and ordered him to disgorge commissions of $47,383 and pay costs of $20,000. In addition, Gareau faces a ban on registration for a period of one year from the date of the decision on penalty. To regain registration, he must successfully complete the Conduct and Practices Course, and submit to strict supervision for one year followed by a further six months of close supervision. IIROC formally initiated the investigation into Gareau’s conduct in March 2009. The violations occurred when he was a registered representative with the Regina, Saskatchewan sub-branch of Dundee Securities Corp. Until the release of the panel’s penalty decision Gareau was registered at the same firm, now known as DWM Securities Inc., in Regina. BFI investors plead for firm’s sale IE Staff The Investment Industry Regulatory Organization of Canada has fined a Regina rep $100,000 for making a transaction against the expressed wishes of a client, in addition to other transgressions. On Sept. 26, 2011, an IIROC hearing panel found that Kenneth Gareau recorded inaccurate Know Your Client information on client account forms, made unsuitable recommendations and made a transaction against the expressed wishes of a client. Mouth mechanic turned market manipulator read more

NSSC sanctions promoter for Ponzi scheme

Related news Mouth mechanic turned market manipulator The Nova Scotia Securities Commission has reciprocated a Florida District Court order with sanctions against Nova Scotia resident Robin States. States, also known as Gregory Hampton, was operating as Infinity Online Investors Group. The hearing against Bernadette Bowden, also known as Bernadette States, was adjourned to June 14, to give her an opportunity to consult with legal counsel. PwC alleges deleted emails, unusual transactions in Bridging Finance case Keywords Fraud,  EnforcementCompanies Nova Scotia Securities Commission BFI investors plead for firm’s sale In an Oct. 30, 2009 decision, the Florida District Court found that the pair had contravened securities laws by operating a Ponzi scheme and that States failed to obtain appropriate registration and deliver required disclosure and account statements to investors. From October 2004 to September 2005, States, operating as Infinity Online Investors Group, solicited investments of $643,047 US from at least 900 people in Canada, the U.S. and elsewhere. Misrepresentations were made to the investors and the pair used the majority of the investments for personal expenses. They were not registered to sell securities in Canada and no prospectus had been filed with the commission to offer the investments. The commission panel determined it is in the public interest to reciprocate the Florida sanctions and ordered Mr. States: Share this article and your comments with peers on social media to comply with Nova Scotia securities laws; to permanently cease trading in all classes of securities, directly or indirectly, except for personal registered retirement savings plans or tax-free savings accounts; is permanently prohibited from using any of the exemptions contained in Nova Scotia securities laws; is permanently prohibited from becoming, or acting as, a director or officer of any issuer, registrant or investment fund manager; and is permanently prohibited from becoming or acting as a registrant, investment fund manager or promoter. Facebook LinkedIn Twitter read more

Dubbo Turf Club saddled for growth

first_imgDubbo Turf Club saddled for growth The Central West racing industry is set for a growth boost with the completion of 20 new stables and a wash bay at Dubbo Turf Club following a $318,000 injection by the NSW Government.Member for the Dubbo electorate Dugald Saunders joined the club’s general manager Vince Gordon and president Chris Davis to officially open the new complex which was funded by the NSW Government’s COVID-19 stimulus program.“Racing was one of the sports that managed to keep going through the absolute worst of the pandemic, and that was because of the strict biosecurity protocols that were followed by participants,” Mr Saunders said.“The sport has been thriving in our region and while that is great for trainers and jockeys, that also means great things for vets, farriers, trackwork riders, strappers, stockfeed suppliers and so many others in our community.“More stables at the club means more horses that can be in work, and more business for those involved in the industry.”The stimulus project was overseen by the Department of Planning, Industry and Environment – Crown Lands.Dubbo Turf Club general manager Vince Gordon said the new stables provided both infrastructure improvements and employment opportunities.“We had many different tradespeople working on the stables at different times from concreters to builders, electricians, plumbers and fencers,” Mr Gordon said.“Not only has this investment supported employment during construction but it will also support more work for track riders and stable hands.“Having more horses trained on track allows us to continue our ongoing development as not only a spectacular racing track, but also a significant training centre.“We had over 2,000 trained starters last year, and that helps the whole region because if we didn’t have horses being trained out of Dubbo, places like Coonamble, Warren, Narromine and Wellington wouldn’t have the same population to draw from.“Those towns are all going very well and racing is really thriving, and that comes from the level of investment we’ve seen from the NSW Government and Racing NSW.”Minister for Water, Property and Housing Melinda Pavey said the COVID-19 stimulus program was supporting regional infrastructure and jobs right across the State.“Racecourses are popular and important contributors to regional communities, their economies and social calendars so this investment is a morale booster.” Dubbo MP Dugald Saunders inspects the new stables with Crown Lands staff Jacky Wiblin and Andrew Bell /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Bell, biosecurity, Central, Coonamble, Dubbo, employment, environment, gordon, Government, housing, industry, infrastructure, Narromine, NSW, NSW Department of Industry, participants, planning, Warren, Wellingtonlast_img read more

Interim CU-Boulder Campus Planning Director Named As Thweatt Departs

first_imgMoe Tabrizi, director of the energy conservation program at the University of Colorado at Boulder, has been named interim director of planning, design and construction while a search is conducted to replace outgoing director and architect Steve Thweatt. Paul Tabolt, vice chancellor for administration, made the announcement today to inform campus departments that are involved in current or pending construction projects. Thweatt, who has been campus architect and director of planning, design and construction at CU-Boulder since 1994, is leaving in March for a position at Emory University in Atlanta. “Steve Thweatt has made a lasting and visible impression on the campus in the 12-plus years that he has served as the director of planning, design and construction,” Tabolt said. “We owe a debt of gratitude to Steve as he moves on to this new phase of his career.” Tabolt said he was “pleased to announce that Moe Tabrizi will replace Steve as the interim director of planning, design and construction, effective March 16. Moe has earned a solid reputation in this community and beyond for his commitment to sustainability and resource conservation.” As energy conservation officer, Tabrizi has recommended conservation improvements, developed and implemented a program to conserve energy, prepared grant proposals for campus conservation projects and analyzed energy consumption data to pinpoint significant utility savings. Tabrizi will take over Thweatt’s duties, overseeing all capital planning, new construction, renovations and improvement projects on the campus.  The transition will be “seamless, won’t skip a beat,” Thweatt said. Because other people currently are handling all major campus projects, the planners and project managers will remain the same and clients won’t see any changes, he said. Three major projects currently under way at CU-Boulder include the business building addition and renovation, completion of work on student recreation fields, including Farrand Field to be completed this summer, and the demolition of the Sibell Wolle Fine Arts Building starting this summer to make way for construction of a new Visual Arts Complex beginning in the fall. Also on the horizon is construction of a new indoor athletic practice facility adjacent to Boulder Creek off Folsom Street, which is scheduled for completion in mid-October. All CU-Boulder planning and construction contacts will remain the same and all requests will be processed as usual, Thweatt said. The campus commitment to maintaining CU-Boulder’s architectural integrity, frequently cited as one of the nation’s most beautiful, will continue, Thweatt said. Thweatt’s position oversees five divisions in the facilities management department, including the offices of facilities planning; design and construction; engineering; capital assets and space planning; and campus architect. Since 1994, Thweatt estimates he has overseen the construction, renovation or improvement of about 40 percent of all campus building space. In April he will assume the position of associate vice president for design and construction at Emory University. Published: March 6, 2007 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more