A third of furloughed staff including some online agents asked to work

first_imgOver a third of companies in the UK have asked their staff to work despite being furloughed including some online estate agents, a survey of 2,000 furloughed employees has found.The research, carried out by Oxford-based Crossland Employment Solicitors, discovered that 34% of full time employees it talked to who had been added to the Coronavirus Job Retention Scheme had been asked to work.This included either doing their usual job or undertaking other work such as administrative tasks, while 20% had been asked to do someone else’s job or work for a company linked to their employer, which the rules forbid.The research coincides with an announcement by HMRC that companies now have 30 days to confess to abuse of the furlough system or face penalties, and that directors of companies will be pursued personally.“Until 1 July employers are only allowed to ask furloughed employees to undertake training, yet a third of the employees surveyed were asked to work, potentially making the company money and so increasing their profits and the government will pick up 80% of the employee’s wage and could potentially foot a bill of billions in fraudulent furlough wage claims,” says Beverley Sunderland, MD of Crossland.“Like any fraud, this is a serious offence and an exploitation of employees. As it is fraud on the Treasury, employers could face hefty fines, be asked to pay past payments back, have any future payments withheld or even potentially face prison.”The research also reveals that some employers are targeting their more vulnerable staff who are less likely to complain, such as those on work visas, and that more women than men were being approached.Read more about furlough. crossland employment solicitors online agent June 23, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » COVID-19 news » A third of furloughed staff including some online agents asked to work previous nextRegulation & LawA third of furloughed staff including some online agents asked to workSurvey of employees across several industrial sectors including online estate agents finds widespread abuse of the Coronavirus Job Retention Scheme.Nigel Lewis23rd June 202001,729 Viewslast_img read more

Is participation lending something your credit union should do?

first_imgParticipation Lending is a prime example of the spirit of the Credit Union Difference and its guiding cooperative philosophy. Sharing the risks among multiple credit unions while also sharing the rewards. Due to concerns over complexity, however, many credit unions shy away from this credit union lending practice, but with the right tools in place, they are not nearly as complicated as people think. Sure… it takes some extra work and carries a certain amount of risk, but the rewards are worth the work, especially if administered correctly. Here we will discuss participation lending – what it is and why you should be doing it now.Participation Loans are loans granted to one borrower (a person or business) but backed by multiple lenders (banks, credit unions, individual investors, etc.). The lead credit union administers the loan and serves the borrower/member. But their risk is minimized by spreading it out among other credit unions. Risk is a central theme around participation loans, as it is very often the reason credit unions both seek them out and proceed cautiously.Here are some very common reasons that participation loans are sold:Pushing a high loan to share ratio (90% or higher) can put credit unions in a liquidity crunch and draw attention from auditors. Rather than slowing your loan growth, selling loans creates room up some room to keep originating. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Croatia presented for the first time in history in the prestigious Paris museum “Carrousel du Louvre”

first_imgCroatian National Tourist Board, CNTB office in France together with the Zagreb Tourist Board, in the prestigious museum area “Carrousel du Louvre“In Paris she presented an exhibition of photographs about Croatia by the author Davor Rostuhar. Exhibition Croatia. Full of colors. / Croatia. Full color. was opened by the Prime Minister of the Republic of Croatia Andrej Plenković in the presence of Minister of Culture Nina Obuljen Koržinek, Minister of Tourism Gari Cappelli, Director of the Croatian Tourist Board Kristjan Staničić, Director of the Zagreb Tourist Board Martina Bienenfeld and Director of the CNTB Representation in France Danijela Mihalić Đurica. Along with many guests, the opening of the exhibition was attended by Jean-François Legaret, Mayor of the First District of the City of Paris. The photo exhibition, which includes displays of all Croatian regions and its natural beauties, will be open to visitors until November 20, 2018, and it is estimated that around 3 million visitors will see it. “We are proud of the strong friendship that connects our countries, as well as this cooperation with which we got the opportunity to promote Croatia in the heart of Paris because France is one of the most important emitting markets for Croatian tourism. The French recognize Croatia as a country of rich cultural and historical heritage and quality eno-gastronomy, and we are additionally pleased with the growth of French interest, except for the favorite Dubrovnik and Split, for destinations and regions such as Zagreb, Istria, Kvarner and Slavonia”, said the director of the CNTB, Kristjan Staničić.By the way, this is the first time in history that a Croatian exhibition is held as part of the most visited museum in the world, the famous Louvre, where many visitors will have the opportunity to see a total of 26 beautiful and large format photos of Croatia. At the opening ceremony, many guests had the opportunity to taste Croatian products, and the gathered guests were entertained by the musical group “Kings of the Street”. In order for the experience to be complete, and for interested visitors to be able to get all the necessary information about the entire Croatian tourist offer during the exhibition, in an attractive space Carrousel du Louvrea a “Croatian corner” was also set up. “This unique opportunity to present our country and the capital in Paris is extremely important because about three million visitors, not only from France but also from all over the world, will see at least a part of the beauties of Zagreb and Croatia. With this exhibition, we place emphasis on culture, which, according to the UNWTO, is one of the main motivators of all travel. Recently, two million overnight stays were recorded in Zagreb, even a month earlier than last year, and with the exhibition of photographs by Davor Rostuhar, I believe that we will attract new visitors and thus continue the positive tourist growth that the Croatian capital, as the most important cultural destination, achieves from month to month.” said Martina Bienenfeld, director of the Zagreb Tourist Board.Author of the exhibited photographs, Davor Rostuhar / Photo: CNTBAuthor of exhibited photographs, Davor Rostuhar, emphasizes that photography has great power. “We imagine and remember photographically. One good photo of Croatia is enough for people from all over the world to remember it and to imagine our country in this way, and to decide to visit Croatia, perhaps because of it. I am glad that the Croatian National Tourist Board and the Zagreb Tourist Board recognized the quality of my photos and decided to promote Croatia through them in this prestigious area through which people from all over the world pass! This exhibition partly includes photographs taken in the project “National Geographic – Croatia from the air”, which was created for seven years and achieved great success in Croatia and in the world, but was also expanded and enriched with other Croatian motifs that were not taken from the air. This exhibition is therefore a kind of cross-section of my previous opus of photographs of Croatia”, said Rostuhar.During the first nine months, more than 556.000 arrivals and more than 2 million overnight stays were made from the French market, which is an increase of 8 percent in arrivals and 5 percent in overnight stays compared to the same period last year. Positive trends in tourist traffic are a consequence of the promotional activities carried out, as well as the expansion of the production of existing tour operators, ie the opening of Croatia as a new destination with French travel organizers. See more about Davor Rastuhar’s project, Croatia from the air HERElast_img read more

Clontarf street records most sales in nine years

first_imgTropical landscaping at 3 Hurrell St, Clontarf complements a Balinese cabana and pool deck. Solid timber homes, like this one at 17 Hurrell St, are ideal renovators.A few houses down, 11 Hurrell St sold for an undisclosed amount after 88 days on the market. The original 1950s kitchen at 17 Hurrell St, Clontarf.“This is an area where people tend to live a long time so property doesn’t turn over that quickly,” Ms Kunst said.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019All the sales were three-bedroom houses on around 700sq m blocks.The first was 17 Hurrell St which sold for $420,000 after 15 days on the market.Ms Kunst said there were two offers on the house.The buyers were owner-occupiers who had been renting in the area. Large properties at Hurrell St, Clontarf don’t come on the market often and when they do, they sell fast.IT HAS been the busiest year for house sales in Clontarf’s Hurrell St since 2009, and they’ve all been within the last two months.In 2009, three houses on the north side of the street sold.This year belongs to odd numbered houses on the south side with 3, 11, and 17 selling within a six week period. Harcourts Redcliffe sales consultant Jenny Kunst said Hurrell St, which runs east-west off Maine Rd, has a lot of original condition timber houses that are perfect to renovate, rent, or flip. This large 711sq m property at 11 Hurrell St, Clontarf, gave buyers the option to expand.And the most recent sale was 3 Hurrell St on a 708sq m block, selling for $520,000 after 26 days on the market.last_img read more