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Construction sector growth falters

first_img whatsapp Construction sector growth falters by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald John Dunne Share Tags: NULLcenter_img Growth in the country’s construction sector slowed markedly in August led by a loss of momentum in residential construction, according to a survey.The Markit/Chartered Institute of Purchasing and Supply construction PMI slipped to 52.1 in August from 54.1 in July. That was below the consensus forecast of 53.2 and more than six points below peaks scaled in May.Nonetheless, it was still the sixth consecutive reading above the 50-level which separates growth from contraction.Official data last month showed British construction output jumped 8.5 per cent between April and June, its best showing since 1982, but the more forward-looking PMI survey suggest this pace of growth will not be repeated.Employment within the UK construction sector decreased during August for a second consecutive month.“Those who are looking for signs of a slowdown will find plenty to worry about in this month’s construction PMI,” said CIPS chief executive David Noble.“The most disturbing is the marked slowdown in the residential sector as this is where much of the recent sector growth has come from. The slight increase in public sector activity disguises continuing uncertainty about the scale of spending cuts which we have yet to experience.” whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Thursday 2 September 2010 4:55 amlast_img read more

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London casinos offer compromise on Covid-19 curfews

first_imgRegulation “It is no exaggeration to say that a blanket 10pm curfew would be devastating for a sector which does more than half of its business after that time and which is still struggling to get back on its feet following the first lockdown and the collapse of tourism,” Dugher said. London casinos offer compromise on Covid-19 curfews 21st September 2020 | By Aaron Noy Instead of closing their entire facility by 10pm, the casinos have offered to shut their bars, while continuing to operate the rest of the venue safely in line with measures put in place since reopening on 15 August. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “The alternative is the prospect of thousands of job losses – both in London and across the UK – and the permanent closure of some of the capital’s most iconic casinos that can help power our much-needed economic recovery.” “Closing our bars rather than our entire casinos would have a more limited impact on our revenues, would protect jobs, preserve the future of casinos and would retain tax receipts for the Treasury.” Mayor of London Sadiq Khan is also said to be in favour of a similar curfew in the capital, but the city’s 24 casinos have written to Khan to offer a compromise that they said would help protect thousands jobs. Michael Dugher, chief executive of the Betting and Gaming Council (BGC), said that while he supports the government’s aims to protect people, he is keen to ensure the casinos sector does not suffer more damage after a tough few months. Casinos in London have offered to temporarily close their bars to help prevent a curfew that they said would result in the loss of thousands of jobs across the market amid the ongoing novel coronavirus (Covid-19) pandemic. The BGC last week openly opposed the proposed curfew plans in the north-east, having already written to Culture Secretary Oliver Dowden warning that if the curfew were to be rolled out nationwide, it could lead to thousands of job losses. The government is this week expected to announce new measures to slow the spread of Covid-19, with the UK having seen an upturn in the number of people testing positive for the virus in recent weeks. Subscribe to the iGaming newsletter Regions: UK & Ireland The casinos said the idea behind the closure of bars would help to stop people congregating in group and ensure people remain spread out across the casino. “By all means address the core issue of drinking rather than slamming a blanket curfew on our venues which would do nothing to suppress the spread of the virus but which would simply sound the death knell for jobs and for famous London casinos,” the letter added. Some areas in the UK, such as north-east England, are already subject to new restrictions, with leisure facilities such as casinos required to close between the hours of 10pm and 5am every day. “The 10pm curfew just risks encouraging young people to mix in households, where there is no track and trace, and spreading the virus further and faster,” Dugher said. “But if the London Mayor or Government want to close pubs and restaurants at 10pm, we can do that in the casinos too, while continuing to provide a best-in-class Covid-secure environment. This might be a sensible compromise. “If London is subjected to a 10pm curfew, most of our casinos will be unviable and some will inevitably close, with the loss of hundreds, if not thousands, of jobs in the capital as the furlough scheme nears its end,” the letter said. These measures include installing Perspex screens, sanitisation stations, adhering to social distancing guidelines and running track and trace systems for punters and staff. Email Address Topics: Casino & games Legal & compliance Regulationlast_img read more