Rishi Sunak has gained a reputation for underpromising and overdelivering in his eventful five months at the Exchequer. The reach of the state has extended further than many imagined a Conservative chancellor would dare. Wage subsidies, state-backed loans, stakes in tech firms, sweeping tax breaks and a £300bn deficit have kept the British economy on life support. Despite the scale of Sunak’s efforts to date, economists and business leaders fear he will fall short when he presents a much-anticipated recovery package on Wednesday. They fret that waiting until the autumn Budget to rescue businesses and workers with stimulus measures would be far too late. “Nothing is as we thought it would...
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COVID-19 has taught us the importance of buying health insurance. As per global reinsurer Swiss Re’s consumer survey conducted in May 2020, Indian consumers are the second most active in the Asia-pacific region in searching for – and purchasing – new insurance policies. But such studies should not make you go overboard and panic. Health insurers such as Aditya Birla Health, Religare Health, Max Bupa and online aggregator Policybazaar are actively promoting the idea of buying a Rs 1-crore health cover. “Earlier, high-value covers constituted 4-5 per cent of enquiries, today, the share has gone up to over 50 per cent. There is a realisation that a Rs 1-crore cover can take care of everything...
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“Is Etiqa car insurance good?” Whether you’re shopping for your first policy or switching to a new car insurance provider, Etiqa Philippines is one of the options that would pop up when you search online. You’re probably wondering if Etiqa car insurance is worth considering. Etiqa offers plenty of benefits and innovations that make getting a policy and filing a claim so much easier for its clients. Here’s everything car owners should know about this insurance company in the Philippines. What is Etiqa Philippines? Etiqa Life and General Assurance Philippines, Inc. or Etiqa Philippines (via AsianLife and General Assurance Philippines), has been in the industry for over 40 years. Etiqa’s...
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T he Narendra Modi government needs to present a new budget for 2020-21. The gross tax revenue it hopes to earn during the course of the year is simply not achievable now. In 2019-20, the Modi government had earlier hoped to earn gross tax revenue amounting to Rs 24.61 lakh crore. The gross tax revenue is a sum of various taxes such as corporate tax, personal income tax, union excise duty, goods and services tax (GST), customs, etc., that the government hopes to earn. A part of this revenue is shared with the state governments. The government’s gross tax revenue estimate for 2019-20 proved to be very high and was later revised to Rs 21.63 lakh crore. But even the revised estimate was ...
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Heights Libraries Cutting $2 Million From Budget More than half the cuts will come from salary and benefits reductions, the Heights Libraries said in a statement. Updated May 22, 2020 12:52 pm ET The Heights Libraries will cut $2 million from its budget in the second half of fiscal year 2020. (Chris Mosby, Patch) CLEVELAND HEIGHTS, OH — The Heights Libraries will cut $2 million from its budget in the second half of fiscal year 2020. More than half the cuts will come from salary and benefits reductions. The Heights Libraries 2020 budget is $11,585,412. The library system will have hit the half-way point of budget spending on June 1. The library system will cut $1.2 million from...
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Staff photo by Time Barber / From the third floor of City Hall in Chattanooga on March 13, Mayor Andy Berke announces an executive order to halt large gatherings due to COVID-19. His proposed 2021 budget, though it took a hit from the virus and a tornado, looks to position the city well for next year's expected continuing recession. Across the country, local governments are cutting budgets as the financial impact on businesses and organizations drastically affected by the coronavirus pandemic comes into view — often in red ink. That's true here and everywhere. What was unthinkable three months ago is now in front of us. Chattanooga's tourism is down, and our many businesses...
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Here at BGL Life we like to be different - we've sold life insurance products and services unique to the market since 2012. We've continued to change the narrative of life insurance to be less complex and replaced it with simplicity, speed and value, to allow our customers to obtain a quote in just 60 seconds and be covered in as little as 10 minutes! Our digital, technical and data capabilities are something to be proud of, and we recognise there's still more to be done! We're focused on significant growth plans and have invested in several key strategic projects and initiatives over the next 12 months. As a Full-Stack Software Engineer, your role will be aiding the development and...
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In response to the current global epidemic, specialist medical insurance provider General & Medical have set up a dedicated Hospital Liaison Team to connect private health insurance members to the best hospital groups. The service is aiming to give extra reassurance during these unprecedented times by providing their customers with faster assistance in locating consultants and medical services, like diagnostics, treatment and procedures. General & Medical Healthcare provide access to one of the largest selections of private facilities in the UK, with a network of over 1000 hospitals and medical establishments. It is through these relationships, and the new hospital liaison team’s...
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President Schapiro announces anticipated budget deficit, 250 staff furloughs In an email Monday morning, President Morton Schapiro announced updates to the University’s financial situation, detailing an anticipated budget deficit, 250 staff furloughs, administrator pay reductions, increased draws from endowment and suspension of contribution to retirement plans. The email comes almost one month after the University announced hiring and pay freezes, among other measures, to address funding hampered by dramatic declines in financial markets and the cancellation of on-campus programs and sporting events. In total, the University expects a shortfall of roughly $90 million for the 2020 fiscal...
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County Manager Davis Presents FY 20-21 Recommended Budget Proposed budget includes no property tax increase at 71.22 cents per $100 valuation. Additional $3.24 million allocated to Durham Public Schools for operating budget. $2 million allocated to address current capital maintenance issues for DPS Durham, N.C. – Durham County Manager Wendell M. Davis presented a total budget of $675.9 million for Fiscal Year 2020-21 to the Durham Board of County Commissioners during their Regular Session on May 11, 2020. The proposed budget includes a 2.68% increase from last year. The framework for developing this budget recommendation shifted significantly between February and the recommended budget....
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