Sentences with phrase «new scheme funded»
The scheme, which provides grants for heating and insulation improvements for low - income households, will be replaced by a new scheme funded by a levy on energy bills — adding to the burden of rising energy bills for those least able to afford them.
http://www.politics.co.uk/ Not exact matches
New York's Gagosian Gallery and Jeff Koons were sued by a collector who accused gallery founder Larry Gagosian and the artist of scheming to exploit demand for his works and using «inappropriate and highly questionable practices» to fund extravagant lifestyles.
Authorities said Platinum operated «like a Ponzi scheme» by using new money to fund redemptions by earlier investors, which were referred to internally as «Hail Mary time.»
Ackman, who runs hedge fund Pershing Square Capital Management LP, has been betting against Herbalife shares since 2012, claiming the company is a pyramid scheme — where new investors unwittingly fund the profits of older investors.
Under the new Canada Job Grant scheme, Ottawa would pay up to $ 5,000 for every employee being trained, requiring matching funds from the employer and the province, for up to $ 15,000 per person.
Elizabeth Avery, a Washington, D.C., securities attorney and founder of Kalorama Capital, said Ponzi schemes are a common type of fraud, where investor funds are used to attract new investors and make payments.
The recent stock market and real estate bubbles are much like pyramid schemes in the sense that what is bidding up stock and property prices is an exponential inflow of new money from pension plans and mutual funds (for shares) and bank credit (for real estate).
But if the necessary funds are successfully raised within the specified period, it is used in initiating a new scheme or in completing a current project.
But if the needed fund is successfully raised within the specified period, it is used in initiating a new scheme or in completing it.
Also Read: Australia's Blockbid Exchange Granted Cryptocurrency License by Austrac Digitalx Investments Digitalx Ltd (ASX: DCC), has launched a new crypto - assets investment fund that will focus primarily on leading cryptocurrencies while allowing diversification with regulated ICO tokens, crypto derivatives, fiat, and managed schemes.
NEW YORK (Reuters)- Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday of charges stemming from what prosecutors have described as an insider trading scheme based on leaks from within a federal healthcare agency.
The majority of smaller stressed defined benefit schemes are likely to end up in the Pension Protection Fund, according to consultancy Barnett Waddingham, as it raised concerns that the Pensions Regulator's new tougher stance may remove vital flexibility from the system.
Using several dollar - matched funding schemes, we help Australian start - ups and small and medium - sized enterprises (SMEs) locate the right research expertise and capabilities to develop new products, improve processes and increase their competitive advantage.
In 1999, the Crawford Fund expanded its agricultural training scheme with the appointment of a New South Wales Committee chaired by Australia's former Minister for Primary Industry and Energy, the Hon John Kerin.
We are delighted to announce the launch of our brand new online lottery scheme with funds raised going directly to the Leeds United Foundation, the grass roots sports charity who work tirelessly to deliver high level programmes across our region for children, young people, adults, disabled at - risk, the unemployed and the elderly.
Much has been written about this «rob - parents - to - help - kids» scheme, including the compelling essay by Raj Patel that I posted last week, and today's blog post by New York Times food writer Mark Bittman, which proposes a soda tax to fund the bill.
A proposed new 25 % tax charge on moving funds overseas from a UK registered pension scheme should have additional exemptions for people who are genuinely moving overseas
Amid the plans for 84 new road schemes are plans to spend # 300 million on an «environmental fund to mitigate carbon emission (sic) and reduce the number of people affected by serious noise.»
The scheme will work by home buyers paying a minimum 5 % deposit on their new home, the homebuilder contributing 3.5 % of the purchase price to an indemnity fund and the Government chipping in a further amount, likely to be 5.5 %.
Government should seriously consider introducing a new role of Infrastructure Minister to back major projects, and pension funds would be more likely to invest in schemes if several smaller proposals were packaged together, a former Cabinet Minister has said.
«Mayor Boris Johnson must improve air quality by prioritising funding for measures that will get Londoners driving less and walking, cycling and using public transport more - and scrap traffic generating schemes like new road crossings over the river Thames.»
Chancellor George Osborne's budget statement announced that the Pensions Regulator would be given a new objective to support scheme funding arrangements «that are compatible with sustainable growth for the sponsoring employer and fully consistent with the 2004 funding legislation».
New York Attorney General Eric Schneiderman said Maziarz, who held the Senate seat before Ortt for more than two decades, concocted a scheme to secretly funnel money from his campaign funds to a former staffer.
The International Monetary Fund this month urged the government to consider reining in the Help to Buy scheme, which initially provided first - time buyers with an interest - free loan to buy new - build homes.
Chris Grayling has also committed funding to develop business cases for six transport schemes: the Sheffield city region innovation corridor, Melton Mowbray eastern distributor road, a New Tees Crossing, dualling of the A500 in Cheshire, the South Coventry Link Road and an extension to Manchester's Metrolink towards terminal two at the city's airport.
«While the «funding for lending» scheme, the new British Business Bank and today's announcement of a cut in corporation tax show that the Government is being proactive in the SME space, there needs to be better co-ordination of such initiatives.
The New York Times» piece on Herbalife yesterday, which details how billionaire hedge fund manager William Ackman is waging a PR campaign to destroy the supplement company for his own profit, buries the role of three of the city's most prominent Latino politicians in a massive campaign to cast Herbalife as a pyramid scheme targeting minorities.
The FSB also wants to see that the new «funding for lending» scheme gets cash to those firms that need it with a clear reporting process so that tangible evidence is given to show the money is being passed on to small firms and not just shoring up the banks.
(Posted 24 December 2011) Significant current scandals, and those yet to come In no particular order Top salaries and bonuses - boardroom and shareholder individual responsibility The multiple between top and average pay Lawyers fees - the cost of the legal process Medical negligence claims against the NHS Care and treatment in the NHS «No win, no fee» personal injury compensation Democracy and the voting system Lords reform Political party funding The domestic energy market and pricing The Tax system and its inefficiencies and complexities Subsidies for new energy generation schemes The amount of crime fuelled by Drugs The availability of drugs in prison.
NEW YORK (CBSNewYork / AP)-- Two former associates of a candidate seeking to become the city's first Asian - American mayor were convicted Thursday in a scheme to illegally raise campaign funds.
The governor and the legislative leaders, meanwhile, announced an agreement on a budget scheme allowing the state and many local governments — but not New York City — to «borrow» nearly $ 6 billion over the next three years from the state pension system in order to use the funds to make required annual contributions back to the pension fund.
It comes in the case against state Sen. Malcolm Smith (D - Queens), who stands accused of scheming with officials in New York City and Rockland County to raise funds for his one - time attempt to switch parties and run for mayor as a Republican.
The new subsidies include $ 16.5 million from a criticized $ 400 million fund created by former State Sen. Minority Leader Dean Skelos, who resigned from his post after he was arrested for a bribery and kickback scheme, Politico reported.
Authorities allege part of the scheme included an effort to get the New York City Campaign Finance Board to supply matching funds to the ones contributed by the straw donors.
They will also be required to fund a new scheme to insulate homes, which Mr Huhne said could create thousands of jobs.
Central government has also recently dipped its toe in the water in supporting further reopenings with a vastly over-subscribed fund for new and reopened stations (# 20m on offer will fund three schemes).
It will be recalled that Flagbearer of the New Patriotic Party launched a fund raising scheme on Wednesday 13th April 2016 at the party's headquarters where he pleaded with his party members and Ghanaians to purchase a new recharge cards created by the NPP as a means of support to the 2016 campaign of the Nana Akufo - AdNew Patriotic Party launched a fund raising scheme on Wednesday 13th April 2016 at the party's headquarters where he pleaded with his party members and Ghanaians to purchase a new recharge cards created by the NPP as a means of support to the 2016 campaign of the Nana Akufo - Adnew recharge cards created by the NPP as a means of support to the 2016 campaign of the Nana Akufo - Addo.
Time Business 3 pm Oral Questions Designation of sites as Marine Conservation Areas - Lord Eden of Winton Consultation of early years practitioners on their plans to increase the maximum ratio of carers to babies and toddlers - Earl of Listowel Replacing the Cancer Drugs Fund with a new scheme - Lord Hunt of Kings Heath Legislation Succession to the Crown Bill - Report stage - Lord Wallace of Tankerness Legislation Groceries Code Adjudicator Bill [HL]- Consideration of Commons amendments - Baroness Wilcox Short Debate Impact of discrimination against gay men and women in Commonwealth countries on efforts to halt the spread of HIV / AIDS - Lord Black of Brentwood
The goal was to educate and build the skills of fund managers and pension fund trustees on the two new sub-asset classes which had been created under the pension scheme to be invested in private equities.
«The latest reports regarding former State Comptroller Alan Hevesi are disturbing — and once again reminds us that we must be vigilant in protecting New York State's public pension funds from pay - to - play schemes that would defraud New Yorkers out of millions of dollars.
NEW YORK (CBS 2 / WCBS 880)-- Over the last two years CBS 2's Marcia Kramer has told you about a lot of schemes allegedly hatched by Sen. Pedro Espada, reportedly to divert funds from his publicly funded Bronx health clinic.
Most experts say the funding scheme for New York's 30 community colleges dates to the post-World War II era when these institutions were being developed — HVCC was originally known as the Veterans Vocational Institute.
Bank lending could be increased by as much as # 80 billion under a bold new «funding for lending» scheme unveiled by George Osborne and Mervyn King last night.
Platinum Partners is considering buying out a $ 20 million investment from the New York City correction officers» union, weeks after a former executive at the hedge fund and the union's ex-president were charged in an alleged bribery scheme.
U.S. Attorney Preet Bharara announces charges on Wednesday in New York against Navnoor Kang, a former portfolio manager at the New York State Common Retirement Fund and two broker - dealers for participating in a «pay - for - play» scheme.
NEW YORK (AP)-- A former top official at the country's third - largest pension fund and two broker - dealers were charged Wednesday in what a federal prosecutor described as a classic bribery scheme that steered $ 2 billion in trades in exchange for drugs, prostitutes, vacations and U.S. Open tennis tickets.
«Today, we allege a classic, quid pro quo bribery scheme at the New York State Common Retirement Fund,» Bharara said.
Harding said in New York County Supreme Court last week that he participated in a scheme devised by Hank Morris, a top political adviser to Alan Hevesi, and David Loglisci, the former station pension fund chief investment officer, to corrupt the process of selecting investments at the state pension fund to favor political allies, friends and family, Cuomo said.
A U.S. attorney says the Dutchess County surgeon Thursday pleaded guilty to operating a long - running health care fraud scheme in which he defrauded Medicare, the New York State Insurance Fund, and numerous private health insurance providers out of more than $ 2.5 million by lying about the nature and scope of the surgical procedures he performed.
The 2017 Budget estimates retains the allocation of N500 billion to the Special Intervention programme consisting of the Home - grown School Feeding Programme, Government Economic Empowerment programme, N - Power Job Creation Programme to provide loans for traders and artisans, Conditional Cash Transfers to the poorest families and the new Family Homes Fund (social housing scheme).