Whitbread’s profit boosted by discounts

first_img whatsapp whatsapp Show Comments ▼ Tuesday 19 October 2010 7:44 pm WHITBREAD profit jumped by 28 per cent to £151m in the six months to September, as its Premier Inn and Costa Coffee businesses boomed.Revenue rose 14.5 per cent to £805m as the company expanded its operations across the UK. Whitbread raised its interim dividend by 17 per cent to 11.25p to reflect the results. Costa has just over 1,100 in the UK – and plans to take the total to 1,850 by the end of the year.Like-for-like sales at coffee stores chain Costa rose 8.5 per cent, boosted by new products such as the flat white and ice cold Costa, and a customer loyalty card.Whitbread also plans to expand its Premier Inn hotel chain, and open at least 1,700 rooms in 18 hotels across the UK.It says its advertising campaign, fronted by the comedian Lenny Henry, promoting its £29 a room offer helped to boost like-for-like sales by 10.1 per cent.In London, a rise in the number of tourists over the summer also helped the Premier Inn business.Chief executive Alan Parker, who was reporting his final set of results, said: “People want value for money and Whitbread is benefiting from these times of austerity.“In London the number of tourists over the summer helped us. This is a great business based on a solid grounding.“Our Premier Inn offers for periods of low occupancy are really paying off.” Andy Harrison has arrived from easyJet to take over as chief executive.Premier Inn was voted UK’s favourite hotel brand according to a YouGov survey. The group also owns the Beefeater and Brewers Fayre pub restaurant chains. Parker added: “In our markets we feel in a fairly buoyant position.” KCS-content Share Whitbread’s profit boosted by discounts Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULLlast_img read more

Swedish regulations continue to harm GiG as losses widen in Q3

first_img Gaming Innovation Group (GiG) has reported lower revenue and wider losses in the third quarter, primarily due to the ongoing impact of new regulations in Sweden, while the operator and supplier has also announced the permanent appointment of Richard Brown as its chief executive.Total revenue in the three months to 30 September 2019 amounted to €30.2m (£26.0m/$33.5m), down 23.5% from €37.3m in the corresponding period last year.GiG put this year-on-year decline down to new regulations in Sweden, with the operator saying that such measures pushed revenue down by €4.5m. GiG also noted the impact of the loss of a customer contract in Q4 last year, saying this had a negative impact of €2.7m on revenue.B2C revenue from GiG’s in-house operators fell 20.8% from €24.4m to €20.2m, with GiG saying this was solely caused by lower revenue in Sweden due to the impact of betting duties and restrictions on marketing. GiG’s Rizk brand was the main source of B2B income, generating 75% of all B2C revenue in Q3.In terms of B2B, revenue was down by 29.4% year-on-year to €11.9m, with GiG putting this down to the loss of the customer in the final quarter of 2018. GiG said this should be treated as an isolated one-off-effect when comparing the year-on-year revenue performance from the previous year.B2B media services revenue slipped from €8.4m to €8.0m, primarily because the comparable period last year benefitted from the latter stages of the 2018 Fifa World Cup. Platform services revenue fell 47.1% to €3.6m as a result of the lost customer, while sports betting revenue was level at €200,000.GiG was able to soften the impact of lower revenue by cutting back on spending in the quarter, with total operating expenses down from €25.9m to €20.8m.Marketing expenses were down 33.0% to €7.1m, which GiG said was supported by seasonal, lower marketing levels, as well as a change in channels to reduce above the line marketing and use more efficient channels.Other operating expenses were cut by 10.5% to €13.7m as a result of both cost control and operational efficiency taken in the previous year, together with a reduction in the number of employees from 734 in Q3 of 2018 to 656 this year.However, cutting back on spending was not enough to stop GiG posting a net loss for the quarter of €8.4m, compared to a loss of €2.6m last year. Gross profit was also down 24.0% year-on-year to €23.6m, while earnings before interest and tax fell from a positive of €100,000 to a loss of €6.7m.Earnings before interest, tax, depreciation and amortisation (EBITDA) were also down by 46.0% to €2.7m.In terms of GiG’s year-to-date performance, revenue for the nine months to the end of September amounted to €93.6m, down 16.0% on €111.5m at the same point last year.Gross profit for the nine-month period was also down 20.0% to €73.9m, while EBITDA slipped 16.0% to €9.3m. Net loss for the three quarters amounted to €17.4m, compared to €6.2m in the previous year.However, despite posting wider losses for both Q3 and the first three quarters of the year, chairman Petter Nylander was upbeat about future prospects at GiG.“I am confident that we are making the necessary strategic adjustments to ensure the full potential of Gaming Innovation Group and shareholder value creation,” Nylander said.“With increased regulation and taxation putting pressure on margins, it is time to adapt to the new reality in order to steer out of the epicentre. Because it is important to remember that a storm will end, and with the exciting trends in Germany, Latin America, New Zealand and other jurisdictions which are looking to regulate in the upcoming years, we believe this will present growth and business opportunities for Gaming Innovation Group.“Short term it might seem a bit cloudy, however the global potential in our industry is still substantial, and GiG is well positioned for the future.”Meanwhile, GiG has confirmed the appointment of Richard Brown as its new, permanent chief executive. Brown took on the role on an interim basis in September after Robin Reed opted to step down, just weeks after GiG reported a net loss of €9.0m for the first half of 2019.Brown joined GiG in February 2016 as managing director of its GiG Media arm, going on to serve as chief digital officer before moving to his most recent role as chief operating in November of last year.Prior to his time with GiG, Brown served in various senior roles with Highlight Media Group and also had spells with THG Sports and Web Guide Partner.Speaking about the appointment, Brown said: “While industry headwinds may have dampened progress in 2019, I am extremely excited about the future potential of the group and this new phase of the company’s life cycle. My focus will be on delivery, execution and optimisation, putting us on a path for great focus and renewed growth.”Nylander added: “The gambling industry is experiencing a challenging period of structural change. However, it is still backed by fundamental strong underlying growth and we need to plan and position ourselves to be most relevant to our partners and end users in order to benefit and accelerate our sustainable growth.“Richard has a strong track record of operational excellence and will be focusing on making the company more efficient by creating a clear and directional strategy, reducing costs and driving execution.”Image: reynermedia Companies: GiG Swedish regulations continue to harm GiG as losses widen in Q3 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Topics: Finance Strategy 6th November 2019 | By contenteditorcenter_img Subscribe to the iGaming newsletter Finance Gaming Innovation Group (GiG) has reported lower revenue and wider losses in the third quarter, primarily due to the ongoing impact of new regulations in Sweden, while the operator and supplier has also announced the permanent appointment of Richard Brown as its chief executive. Regions: Europe Nordics Sweden Email Addresslast_img read more

Courtyard House / DeForest Architects

first_imgCopyHouses•Seattle, United States ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/489288/courtyard-house-deforest-architects Clipboard Projects Courtyard House / DeForest ArchitectsSave this projectSaveCourtyard House / DeForest Architects Courtyard House / DeForest Architects Save this picture!© Benjamin Benschneider+ 19 Share Landscape Architects: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/489288/courtyard-house-deforest-architects Clipboard Year:  Houses Architects: DeForest Architects Area Area of this architecture project ArchDaily “COPY” Interior Design: Year:  2012center_img City:SeattleCountry:United StatesMore SpecsLess SpecsSave this picture!© Benjamin BenschneiderText description provided by the architects. Compressed between a narrow lane and Lake Washington, this project is an exercise in negotiating the competing demands of prospect and refuge. The owners asked for a welcoming modern home with a sense of privacy and seamless connection between indoors and out. Save this picture!© Benjamin BenschneiderDeForest Architects responded with a main floor that flows from private entry courtyard through the great room and out to a series of waterfront entertaining spaces. Floor-to-ceiling lift-slide doors and hidden steel structure maximize the sense of openness. At the upper level, a band of channel glass running the length of the house affords privacy while admitting natural light and providing glimpses of the courtyard and a green roof. Each of the four bedrooms has a view of the lake and private deck and even the guest bath and laundry are daylit by floor-to-ceiling channel glass. Save this picture!© Benjamin BenschneiderThis home demonstrates that modern design can embrace seeming opposites — dramatic and nuanced, enfolding and expansive, comfortable and elegantly contemporary.Save this picture!Lower Floor PlanProject gallerySee allShow lessStavanger Concert Hall / Ratio Arkitekter ASSelected ProjectsShigeru Ban Named Pritzker Laureate for 2014Architecture News Share “COPY” CopyAbout this officeDeForest ArchitectsOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesSeattleHousesUnited StatesPublished on March 25, 2014Cite: “Courtyard House / DeForest Architects” 25 Mar 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisCopper Alloy: Nordic BrassCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemArmchairsUniForArmchair – ParigiLouvers / ShuttersBruagShading Screens – Perforated Facade PanelsAluminium CompositesSculptformAluminium Façade BladesCultural / PatrimonialIsland Exterior FabricatorsSeptember 11th Memorial Museum Envelope SystemWire MeshJakobWebnet in a Gymnasium in GurmelsDoorsLinvisibileLinvisibile Pocket Door | MareaPaintKEIMMineral Paint for Concrete – KEIM Concretal®-WLouversReynaers AluminiumSolar ShadingHandlesFormaniFitting Collection – ARCMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream NB Design Group photographs:  Benjamin BenschneiderPhotographs:   Benjamin Benschneider Harriott Valentine Engineers Photographs United States Allworth Design Prestige Residential Construction 2012 Contractor: Structural Engineers: Area:  4600 ft² Area:  4600 ft² Year Completion year of this architecture project last_img read more

Tara Villa / ZAV Architects

first_img Year:  Manufacturers: Ayegh Kavir Group, Morvarid Sanitary, Superpipe “COPY” 2018 ArchDaily Design Team:Golnaz Bahrami, Sara JafariClient:Armin SerjouieEngineering:Behrang BaniadamLandscape:Mahta AminaliConsultant:Armin SerjouieCity:LarijanCountry:IranMore SpecsLess SpecsSave this picture!© Ali Daghigh, Soroush MajidiText description provided by the architects. As the province is one of the main producers of rice with acres of rice fields in sea levels, meadows and forests, there is a visual impact from rice silos on landscape morphology. KANDOOJ is one type of the farm silos with an open-air shelter that is built upon four supporting pillars with a hip roof, under which crops are stored. The type and its construction techniques have been massaged to perfection through centuries of local practices of shelter building. Save this picture!© Ali Daghigh, Soroush MajidiThe architectural notion of the project is informed by “KANDOOJ” because of two arguments. First was the strategy of Maintaining morphology of rural landscape, while the intention of the clients to gain as much as possible from the surrounding was the second reason. The couple felt lucky to had the concept around, so they rapidly agreed on the typology adoption to their needs. KANDOOJ has an open space in the center that is totally connected to open space. This could be considered as an opportunity for the villa on the way. By controlling such an option, this chance would be in hand for the couple to volumize their relation to natural open space.Save this picture!© Ali Daghigh, Soroush MajidiTo obtain the adopted version of the “primitive hut” with the residential scenario, the traditional type is re-appropriated to accommodate the contemporary spatial program; that after years of being urban naturalists, have decided to move to a natural, non-urban landscape permanently. Save this picture!© Ali Daghigh, Soroush MajidiSave this picture!Floor planSave this picture!© Ali Daghigh, Soroush MajidiThese arguments the spatial potentials of the type, with a contemporary aesthetic which is still harmonized with rural environment although responses to all technical conditional necessities of modern life. The typology is not temporary anymore, while distinguished spatial elements have achieved from this typology evolution. Adjustable public pavilion at the ground level with the capability of negotiating openness towards landscape and the livable private pyramid at first level with built-in walk-in closets are the fruit of this practice.Save this picture!© Ali Daghigh, Soroush MajidiIn re-evaluating the potentials and limitations of a traditional, non-domestic type, a contemporary solution is born and is embodied in Tara House.Save this picture!© Ali Daghigh, Soroush MajidiProject gallerySee allShow lessThe Future of the Old: How Ancient Construction Techniques are Being UpdatedArticlesKajstaden Tall Timber Building / C.F. Møller ArchitectsSelected Projects Share Iran Tara Villa / ZAV Architects CopyHouses•Larijan, Iran Photographs Area:  300 m² Year Completion year of this architecture project Housescenter_img Projects Architects: ZAV Architects Area Area of this architecture project CopyAbout this officeZAV ArchitectsOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookLarijanIranPublished on February 04, 2020Cite: “Tara Villa / ZAV Architects” 04 Feb 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialMetal PanelsDri-DesignMetal Panels – CopperIn architectureSikaBuilding Envelope SystemsExterior DeckingLunawoodThermowood DeckingMembranesEffisusFaçade Protection – Breather+Metal PanelsPure + FreeFormCustom Metal Cladding – Legacy Fund 1 BuildingWood Boards / HPL PanelsInvestwoodWood Fiber Partition Walls – ValchromatDoorsLinvisibileLinvisibile FILO 10 Vertical Pivot Door | BrezzaSkylightsFAKROEnergy-efficient roof window FTT ThermoToilets / BidetsBritexToilets – Accessible Centurion PanMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Tara Villa / ZAV ArchitectsSave this projectSaveTara Villa / ZAV ArchitectsSave this picture!© Ali Daghigh, Soroush Majidi+ 37Curated by Paula Pintos Share Lead Architects: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/933089/tara-villa-zav-architects Clipboard Photographs:  Ali Daghigh, Soroush Majidi Manufacturers Brands with products used in this architecture project Mohamadreza Ghodousi, Fatemeh Rezaie “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/933089/tara-villa-zav-architects Clipboardlast_img read more

Budget potential for £71 million Gift Aid loss

first_img Howard Lake | 23 March 2007 | News Budget potential for £71 million Gift Aid loss  24 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Government also wants to carry out an awareness-raising campaign for Gift Aid among universities and to investigate other incentives for giving to help increase donations to the higher education sector. A more positive move is the additional £80 million the Government has pledged to promote community action which will be made available to provide core funding to grass-roots community organisations. This money will be run by the Office of the Third Sector and be made available through third sector partners, such as community foundations, at local level.NCVO said it welcomed the new fund. Policy officer Mubeen Bhutta said: “NCVO has been making the case for more funding to be available for small community organisations. In our responses to the Third Sector Review we pressed for a small grnats programme to support local groups’ voice and advocacy work and look forward to further details on how this fund can make this a reality.”The Institute of Fundraising also voiced its support for the fund and said it was pleased to see the Chancellor’s ongoing commitment to tax-effective giving. “However, the reduction in income tax is also likely to result in a decrease of the number of pennies in the pound that Gift Aid can potentially add to the coffers of charities,” said director of policy and campaigns Megan Pacey. The Chancellor also announced that Futurebuilders will be open from spring 2008 to support all public service delivery undertaken by the whole third sector.There is also due to be a second consultation on unclaimed assets in the spring. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Tagged with: Finance Charities could lose out on up to £71 million as a result of the drop in basic rate income tax from 22 to 20 per cent.The Charities Aid Foundation (CAF) said that charities currently reclaim around £625 million in Gift Aid, and estimated this will fall to £554 million. A statement from CAF said: “While this will create additional income for the public, charities will have to call on their donors to help make up the shortfall.”However, the Chancellor also revealed that the Government would consult with charities on measures to increase take-up of Gift Aid and will conduct an awareness-raising campaign. 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.last_img read more

RSF calls for EU financial sanctions against Poland

first_img Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU Receive email alerts RSF_en “La liberté c’est bien” manifestation en Pologne. Organisation to go further May 10, 2021 Find out more With firing of four editors, “repolonisation” under way in Poland News News October 27, 2016 RSF calls for EU financial sanctions against Poland January 28, 2021 Find out more PolandEurope – Central Asia Media independenceInternational bodies PolandEurope – Central Asia Media independenceInternational bodies June 2, 2021 Find out more Help by sharing this information Follow the news on Poland News News Reporters Without Borders (RSF) urges the European Union to adopt sanctions, above all financial sanctions, against Poland in response to its grave and repeated violations of media freedom and pluralism.As the deadline that the EU gave Poland for amending its controversial judicial system reforms expires today, RSF calls for the triggering of the sanctions procedure envisaged in Article 7 of the Treaty on European Union.The Polish government has been flouting media freedom, especially media independence, for the past year. Under Article 7, in the event of a “serious breach by a member state” of the EU’s fundamental values, the European Council “may decide to suspend certain of the rights” of the member state “including the voting rights of the representative of the government of that member state in the Council.” RSF asks the EU to invoke the Article 7 procedure and to suspend Poland’s right to receive certain forms of assistance and structural policy benefits, especially as Poland is the member country that gets the most EU funding.“The European Union cannot allow one of its most important members to trample on the values of media freedom, pluralism and independence, which constitute the EU’s identity, its strength and perhaps even its raison d’être,” RSF secretary-general Christophe Deloire said.“The EU must use the legal tools at its disposal to sanction Poland and put a stop to the media freedom violations. As this country is one of the main beneficiaries of EU funding, the EU must not hesitate to hit where Poland where it hurts financially by cutting off certain forms of assistance.”Media independence has been badly hit in Poland since the current parliament’s election in October 2015. The public media have been brought under political control, economic pressure has been put on journalists and privately-owned media have been throttled. These are grave violations of the fundamental EU values of freedom, democracy, the rule of law and pluralism – values that are supposed to be “common to the member states” under Article 2 of the Treaty on European Union. Media freedom and pluralism are not only part of these values but also an essential condition for the existence of the others.As a result of a media law passed in November 2015, the directors and supervisory councils of the public TV and radio stations were immediately fired, while the treasury minister was able to appoint new directors without reference to the independent National Broadcasting Council. The public media thereby became state-owned national media which the government has turned into propaganda tools.As the November 2015 media law ceased to have effect in June, a new law was drafted but has been postponed for the time being because of national and international pressure. Entitled “Great Law on the Media,” it plans to enshrine the “preservation of patriotic (…) Christian (…) and family values.” It also envisages forcing the media “to disseminate all the announcements of parliament, the senate speaker and the president.”The Council of Europe has published negative comments about the proposed law, which would violate the news media’s editorial independence and freedom.In reaction to the criticism, a National Media Council (CNM) was hastily created at the end of June pending the controversial new law’s adoption. Its powers included appointing and firing the heads of the national media – TVP, the national radio and the PAP news agency. The bridging law creating the CNM uses much of the proposed new law’s wording and gives the CNM disproportionate prerogatives, allowing it to influence the editorial decisions of these media and put pressure on their directors.There have been other forms of pressure on the public media. Around 150 journalists had been fired, forced to resign or forced to accept less senior positions by the spring of 2016. And around 100 other journalists working in local positions in the public media have been affected by a more recent wave of firings and voluntary departures.Pressure is also being put on the privately-owned media, now the only source of media resistance to Jaroslaw Kaczynski’s populist propaganda. The pro-European daily Gazeta Wyborzca, in particular, is being targeted because it embodies the liberal democratic values that Kaczynski’s ruling Law and Justice party (PiS) cannot stand.The retaliatory measures have including banning government agencies and the courts from renewing their Gazeta Wyborzca subscriptions in a bid to strangle the newspaper economically. Two other independent print media outlets, Polityka and Newsweek-Polska, have been the targets of similar bans. State advertising in these newspapers has also been slashed, reducing their income even more.The ultra-nationalist right has meanwhile embarked on a rewriting of Poland’s history designed to paper over some of the worst moments. A new law sanctions “harming Poland’s image,” while public use of the term “Polish concentration camps” instead of “Nazi concentration camps” is now punishable by up to three years in prison. Poland’s new social media law puts freedom of expression at risk, RSF warnslast_img read more

Fitch Affirms Pasadena, CA’s Water Revenue Bonds at ‘AA+’; Outlook Revised to Positive

first_img More Cool Stuff 86 recommended0 commentsShareShareTweetSharePin it STAFF REPORT First Heatwave Expected Next Week STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Business News Fitch Affirms Pasadena, CA’s Water Revenue Bonds at ‘AA+’; Outlook Revised to Positive By ANDY VITALICIO Published on Wednesday, July 1, 2020 | 12:59 pm Fitch Ratings has affirmed the ‘AA+’ rating on the $53.6 million water revenue refunding bonds issued by the City of Pasadena on behalf of Pasadena Water and Power (PWP), a Fitch Ratings announcement Tuesday said.The bonds were series 2010A, 2011A and 2017A, the announcement said.Additionally, Fitch has assessed PWP’s stand-alone credit profile at ‘aa+,’ and revised its Rating Outlook from Stable to Positive.Fitch said the ‘aa+’ stand-alone credit profile and ‘AA+’ bond rating reflect PWP’s strong financial profile and low net leverage, as represented by net adjusted debt to adjusted Funds Available for Debt Service (FADS), within the framework of very strong revenue defensibility and low operating risks. Net leverage over the last five fiscal years (2015-2019) is stable, ranging from 3.0x to 4.0x.The Positive Outlook is based on projections that continue to point to low net leverage below 5.0x, with the assumption that future rate action is taken beyond fiscal 2021. The Fitch report said PWP’s Water Master Plan and Integrated Resource Plan is in the final stages of completion and is expected to propose rate adjustments for fiscal 2022 and several years beyond.The ratings agency also took note of the impact of the coronavirus pandemic and related government containment measures worldwide, which has created an uncertain global environment for the water and sewer sector.Fitch said while PWP’s most recently available performance data does not indicate impairment, material changes in revenue and cost profile are occurring across the sector. PWP management attributes slightly lower sales – less than three percent year-to-date compared with the same time last year – more to cooler weather conditions rather than the coronavirus. No rate deferral or rollback occurred and the Pasadena City Council adopted the previously approved rate increase for fiscal 2021, effective July 1, as planned, the report said.PWP also reported increased delinquencies in water service fees, but the amounts remain immaterial – less than 0.1 percent of projected fiscal 2021 operating revenues. The water utility said payment plan options are being finalized, which should eventually allow for most past-due balances to be recouped.PWP provides retail water services to approximately 38,000 customers in the City and in Altadena, with about 80 percent of the customer base residing within Pasadena’s city limits. The majority of the water supply comes from the Metropolitan Water District of Southern California, the regional wholesale provider of imported water to serve communities in the region.Purchases from MWD typically account for 60 to 65 percent of supply annually. The balance of the City’s supply is from local groundwater, which costs significantly less than MWD purchased water, but there are limitations on how much the City can pump from the local Raymond Basin, an adjudicated water basin.Fitch said projects to expand and improve access to local supply are included in PWP’s current capital improvement plan (CIP), and the system is working toward increasing local sources to around 50 percent of supply over the next five to 10 years. CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Make a comment Subscribecenter_img Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Business News Herbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyKeep Your Skin Flawless With These Indian Beauty RemediesHerbeautyHerbeautyHerbeautyGained Back All The Weight You Lost?HerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeauty Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Irish Air Corp to make its Foynes Air Show Debut during…

first_imgNewsCommunityIrish Air Corp to make its Foynes Air Show Debut during one of the most Historic Years in Irish Defence Force HistoryBy Staff Reporter – July 3, 2018 2359 THE Irish Air Corp will take part in the Foynes Air Show on Saturday, July 28, 2018, marking the 60th Anniversary of Ireland’s first peacekeeping deployment and its inaugural appearance at the largest air show along the Wild Atlantic Way.Minister of State at the Department of Transport, Tourism and Sport with special responsibility for Tourism and Sport, Brendan Griffin TD, will officially open this year’s West Limerick event, which forms part of the IAA’s #AviationIreland weekend, along with the Bray Air Display in Co. Wicklow.Sign up for the weekly Limerick Post newsletter Sign Up A total of 12 awe-inspiring acts by 23 aircraft have now been confirmed for the Foynes Air Show, including shock-and-awe displays from Europe’s most skilled military pilots, breathtaking aerobatics by Ireland and Europe’s most experienced aviators, as well as a fly-pass by some of the world’s most historically significant aircraft.Margaret O’Shaughnessy, Foynes Air Show Festival Director said the show’s organisers are privileged that the Irish Air Corp is taking part in this year’s show, especially during such a momentous year for the Permanent Irish Defence Forces – Óglaigh na hÉireann.“Ireland’s first peacekeeping deployment took place in 1958, and since then, Ireland has maintained the longest unbroken service on the front line of peace. This is something we as a nation can be proud of, just as we are proud of the men and women that make up our defence forces.“Therefore it is a huge honour for us to have the Air Corps taking part in the Foynes Air Show this year with one of its two CASA CN235s, as well as four of the PILATUS PC 9M,” added Ms O’Shaughnessy.“It is also fitting that the Air Corp will take part in an air show in the historical home of Irish aviation, during such an important year in its own history.”Paying homage to its strong aviation history, this year’s Foynes Air Show will also include the Catalina – the most built plane of World War II, but which two years before Hitler invaded Poland landed in Foynes. This year is the 75th birthday of this world-famous flying boat.And while the Irish Historic Flight Foundation’s flying Boeing Stearman and Chipmunk aircraft will also bring people back to another time, it is the striking presence of the DC3 in the skies over west Limerick that is most likely to transport those in attendance to a golden era of Irish aviation. This most recognisable and iconic plane of its generation revolutionised air transport in the 1930s and 1940s. Aer Lingus took delivery of its first Douglas DC-3 in April 1940, making it the fifth aircraft type to be operated by the airline.Adding significantly to the excitement of this year’s show in Foynes will be the Wildcat Aerobatics, displaying close formation aerobatics and precision synchronised flying in the iconic Pitts Special biplane. Over the years, the Wildcat team has developed an exciting choreographed air show act that combines a graceful mix of balletic, close formation aerobatics and high-speed opposition passes where their closing speed is in excess of 400mph.Rich Goodwin, will take to the skies in this Pitts Special to perform a unique and extraordinary brand of aerobatics, including the daring double-hammerheads, high-alpha knife-edge flypasts and the amazing ‘Tower of Power’ – torque rolls whilst flying backwards through the plane’s own smoke.Not to be outdone, the G-SOAF Strikemaster from the Strikemaster Flying Club (SFC) in North Wales has a top speed of 450kts and a sea level climb rate in excess of 6000ft per minute, guaranteeing an awe-inspiring act for those looking to the skies over Limerick this July 28..Meanwhile, firm favourites such as Gerry Humphreys in his ‘The Flying Cow’ and Eddie Goggins ‘The Flying Dentist’ will thrill with energetic acrobatics in a Vans RV7 and Avions Muddy Cap 232 respectively, as will many more acts on the day.Peter Kearney, Chief Executive of the Irish Aviation Authority said, “The IAA has a long history of supporting aviation activities that help promote the aviation industry so we are very happy to support the #AviationIreland weekend.”The IAA is a supporter of the Foynes Air Show as part of its #AviationIreland campaign to promote aviation across the state. The show is also supported by Limerick City & County Council, Shannon Airport, Shannon Foynes Port Company, Fáilte Ireland, and many other aviation companies and local industry.The two hour Foynes Air Show is free to all and begins at 2pm on July 28, with street entertainment beginning well in advance adding to the build-up of the [email protected] TAGScounty LimerickEventfamilyFestivalfoynesFoynes Air Showshow Twitter Previous articleBusiness plays vital role in EVA’s successNext articleFlying the flag with Moyross Youth Academy Staff Reporterhttp://www.limerickpost.ie Print WhatsApp Email Shannon Foynes Port annual report Advertisementcenter_img Facebook Linkedin CABAL digital weekender for the Limerick Covid Lockdown Party Narrative 4 to celebrate the power of community with special livestream event RELATED ARTICLESMORE FROM AUTHOR Limerick to go greener than usual for this year’s St Patrick’s Day Parade Limerick follows its own beat with LEAF Fourth Limerick Tattoo Convention to make its mark as thousands set to visit event last_img read more

Eight-year-old donates to animals

first_imgSkip By The Penny Hoarder Email the author Madison White believes in giving back to her community. On Friday, she donated more than $100 to the Humane Society of Pike County “for the animals.” Jack Rainey, humane society president, accepted the donation and expressed appreciation to the eight-year-old for her generosity and support.MESSENGER PHOTO | JAINE TREADWELLJack Rainey, president of the Humane Society of Pike County, said his organization, like many others, could use more Madison Whites.The eight-year-old, Crenshaw Christian Academy student exemplifies the concept of giving back to one’s community.On Friday afternoon, Madison opened a plastic flip top box and took out $110.15 and handed it to Rainey “for the animals.” Book Nook to reopen Latest Stories Eight-year-old donates to animals By Jaine Treadwell Plans underway for historic Pike County celebration Published 11:19 pm Friday, July 25, 2014 You Might Like Humane Society’s pet photo contest off to a great start The chase is on. Cats are saying dogs have had their day – their one day – and cats will… read more Pike County Sheriff’s Office offering community child ID kits Remember America’s heroes on Memorial Day The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Print Article Madison had collected the dollars, dimes and nickels over a four-month period and graciously gave it to her favorite charity.The money Madison collected was actually for another purpose, for a family whose home had been damaged by fire.“I was at a birthday party at Camp Butter and Egg and we saw smoke,” Madison said. “My daddy went to see what it was and it was Mr. Ron’s (Pierce) house on fire. He is such a nice man and I felt so bad that his house had burned. I wanted to do something to help him. I decided to take up money for him to help fix his house.” Madison didn’t have to think long.“I love dogs and all animals and want them to have food and water so I said I wanted to give the money to the humane society,” Madison said.Rainey thanked Madison on behalf of the Humane Society of Pike County.“I wish we had more Madisons,” he said. “With the money you gave, we will be able to help some animals that have been hurt or neglected and keep a lot of puppies and kittens from being born that nobody wants.”Madison said she was happy she could do something to help animals.When she’s not busy with worthy causes, Madison, who lives in Honoraville, is active in the youth program and choir at her church, Union Baptist Church. She takes dancing and especially likes hip-hop but not so much ballet. She is Cougarette cheerleader and likes to cheer but also enjoys rambling around the football stadium when she’s not cheering.Madison’s parents are Randy and Karon White. She has a younger brother, Mason who is three years old. The other children at the party knew about the fire so, they were eager to give their dimes and nickels to the cause.“I asked everybody,” Madison said. “My mama and daddy, my grandmother and aunts and uncles and two cousins and they all gave money.”When Madison had enough donations that her money box no longer rattled, she wanted to give the money to Pierce but her mom, Karon, didn’t know how to get in touch with him.“I work at Whaley’s and Ron Pierce just happened to call one day,” White said. “I told him what Madison had done and he said to tell her that he had insurance and for her to give the money to her favorite charity.” Troy falls to No. 13 Clemson Sponsored Content Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

16-year-old Maryland school shooting victim dies after being taken off life support

first_imgiStock/Thinkstock(CHEVERLY, Md.) — A 16-year-old girl shot at her Maryland high school on Tuesday died late Thursday night after she was taken off life support, officials said.Great Mills High School student Jaelynn Willey, 16, and a classmate were shot, allegedly by Austin Rollins, 17, in a school hallway just before classes began on Tuesday, police said. The school’s resource officer engaged Rollins and the two exchanged gunfire; Rollins was hit and later died at a hospital.“On Tuesday, this past week, our lives changed completely and totally forever,” Willey’s mother, Melissa Willey, said at a press conference Thursday. “My daughter was hurt by a boy who shot her in the head.”Jaelynn Willey had been on life support at University of Maryland Prince George’s Hospital Center in Cheverly, Maryland, but was brain dead.“She will not make it,” her mother said. “We will be taking her off life support this evening.”Jaelynn Willey was the second-oldest of nine siblings and a member of the Great Mills High School swim team, her mother said.“It is with terribly broken hearts that we learn of the tragic news regarding Jaelynn Willey,” Maryland Governor Larry Hogan said in a statement Thursday. “No parent should ever be faced with a decision like this.”“There are no words adequate to express our compassion for her loving family and the entire Great Mills community,” he said. “All of Maryland grieves with them, and they will remain in our thoughts and prayers.”The second victim, a 14-year-old boy, was treated for a gunshot wound in the thigh and released on Wednesday.Jaelynn Willey and the suspected gunman “had a prior relationship” that “recently ended,” the St. Mary’s County Sheriff’s Office said. “All indications suggest the shooting was not a random act of violence.”St. Mary’s County Sheriff Tim Cameron called the shooting “our worst nightmare.”“This is what we prepare for,” he said. “And this is what we pray we never have to do.”This shooting came four days before Saturday’s March for Our Lives in nearby Washington, D.C. Thousands of students are expected to descend upon the nation’s capital to rally for gun control and safer schools in the wake of the deadly Feb. 14 shooting in Parkland, Florida.Less than one week before Great Mills High School faced its own shooting, its students were among the thousands participating in the National School Walkout, according to local news outlet TheBayNet.com.The walkout, which marked a month since the Parkland massacre, was organized as a call on Congress to tighten gun laws.Copyright © 2018, ABC Radio. All rights reserved.last_img read more