Apr72017
Some of the world’s leading volcanologists and geothermal engineers have signed up to a US$100m magma drilling project in a bid to help protect millions of people, towns and cities across the world from volcano disasters; and to make a strategic step in scaling up the use of geothermal energy.
Apr72017
Environment Secretary Roseanna Cunningham launched SEFARI – a new collaborative project between six of Scotland’s leading research institutes – during a visit to SRUC’s GreenCow facility.
Apr72017
Natalie Rimondi, director of Full Circle Facilities Management Limited, has been disqualified from acting as a company director for 6 years after transferring company funds of £103,600 to an associated company when she was aware the company was insolvent.
On 1 August 2014, a County Court Judgement was made against the company, and on the same day HM Revenue & Customs wrote to warn the company of potential winding-up proceedings.
Full Circle operated two bank accounts. On 4 August 2014 Natalie Rimondi authorised payments from each of these accounts, for £94,400 and £9,200, to an associated company. Following these payments there was less than £50 left in each of the accounts.
Three days later, on 7 August 2014, the company formally appointed a liquidator. In taking this action, Natalie Rimondi deprived Full Circle’s creditors of funds that should have been available for the Liquidator to distribute.
Full Circle entered liquidation on 3 September 2014 owing £236,871 to creditors.
Commenting on the disqualification, Sue Macleod, Chief Investigator at the Insolvency Service, said:
By 4 August 2014, Natalie Rimondi was aware that insolvency proceedings were inevitable. In transferring the majority of the company’s funds to an associated company she deliberately put these monies out of the reach of creditors.
Her disqualification will prevent a repeat occurrence of this and act as a deterrent to any other directors who are thinking of putting their own interests before that of their company’s creditors.
Full Circle Facilities Management Limited was incorporated on 22 March 2013 and traded from Full Circle House, Lakeside, Llantarnam Business Park, Cwmbran, South Wales NP44 3XS.
Natalie Rimondi was appointed as a director from 15 April 2014 to 3 September 2014, the date of liquidation.
Natalie Rimondi is of Newport and her date of birth is January 1984.
On 28 February 2017 Deputy District Judge T D C Jowett sitting at the County Court at Cardiff ordered that Natalie Rimondi should be disqualified from acting as a director for 6 years from 15 March 2017.
A disqualification order has the effect that without specific permission of a court, a person with a disqualification cannot:
Persons subject to a disqualification order are bound by a range of other restrictions.
Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available.
You can also follow the Insolvency Service on:
Apr72017
BCC’s Head of Economics, Suren Thiru, comments on the latest trade statistics.
7th April 2017
Commenting on the UK trade figures for February 2017, published today by the ONS, Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said:
“Although the UK’s trade deficit widening in February is disappointing, its largely as a result of an increase in ‘erratic’ goods. The longer-term measures continue to point to an improvement in the UK’s trade performance.
“Trading conditions for UK exporters are likely to improve over the near term as a persistently weaker Sterling, and an improving outlook for the global economy, combine to boost international demand for UK goods and services. However, the extent of the improvement is likely to be limited by the rising cost of raw materials, which together with the raft of other high input costs facing businesses, is putting pressure on their cost bases.
“Although trade’s contribution to UK economic growth is set to rise over the next few years, this is unlikely to be sufficient to offset the expected slowdown in other areas of the economy, most notably consumer spending.
“As we move through the negotiating process for exiting the EU, there must be a greater focus on providing practical support for those businesses looking to export, including revitalising and expanding the trade mission programme to help firms take full advantage of growth opportunities in new markets.”
Ends
Notes to editors:
The British Chambers of Commerce (BCC) sits at the heart of a powerful network of 52 Accredited Chambers of Commerce across the UK, representing thousands of businesses of all sizes and within all sectors. Our Global Business Network connects exporters with nearly 40 markets around the world. For more information, visit: www.britishchambers.org.uk
Media contacts:
Allan Williams – Senior Press Manager
020 7654 5812 / 07920583381
Orla Hennessy – Press and Communications Officer
020 7654 5813 / 07825746812
Apr72017
The Civil Nuclear Constabulary (CNC) CEO/Chief Constable appointment usually runs for a five year term and Mike’s contract was due to finish in September 2017; however, due to the ongoing Infrastructure Policing programme and several other large projects that are close to fruition, his contract has now been extended until September 2019.
The Civil Nuclear Police Authority (CNPA) Senior Appointments Committee had recommended to the Authority that the CEO be offered a continuation of contract for a further two years. The recommendation was endorsed by the Authority and approved by the Department for Business, Energy and Industrial Strategy Minister, Jesse Norman, MP.
Vic Emery, CNPA Chairman, said: “I am very pleased that Mike has agreed to be the CNC’s CEO/Chief Constable for these extra two years and look forward to continuing to work with him. I am sure my colleagues are as pleased about the extension as I am.”
Chief Constable Mike Griffiths said: “The CNC has risen to every challenge it has had given to it, growing in size, capability and operational credibility. It has been a great privilege to be part of that success and I am delighted to have two more years at the CNC as we look to consolidate our gains and plan for the future.”
Mike joined the CNC as Chief Constable in October 2012 after a career in the army spanning more than 30 years. As CEO/Chief Constable, he is responsible for the operational performance of the CNC and for improving, developing and maintaining effective strategic partnerships with the CNPA, site license companies, the Office for Nuclear Regulation (Civil Nuclear Security), Home Office and Police Scotland forces and the Ministry of Defence Police. He is also the Accounting Officer for the Civil Nuclear Police Authority and the CNC, ensuring demonstrable financial efficiency and effectiveness.