Contractor charged with failure to maintain worker’s comp, violating work-stop order

first_imgAttorney General William H. Sorrell announced today that his office has charged Williston-based home improvement contractor Donald Bevins with three counts of failing to maintain workers’ compensation insurance and two counts of violating a Vermont Department of Labor Stop Work Order.According to documents on file with the Court, Bevins failed to secure workers’ compensation for two of his employees performing roof repairs in Richmond, Vermont and another employee performing roof repairs in Essex, Vermont. In addition, Bevins continued to perform home repairs in Essex and Essex Junction Vermont after the Department of Labor ordered him to stop working immediately.Bevins pled not guilty to all counts and was released pending trial on the condition that he, any company he has an ownership interest in, or anyone working at his direction or request, not perform any home repair.Anyone with a complaint against Donald Bevins is encouraged to contact the Attorney General’s Consumer Assistance Program at (802) 656-3183 or toll free in Vermont: (800) 649-2424. Source: Attorney General, February 17, 2011last_img read more

RICS attacks pollution laws

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ECB throws ‘kitchen sink’ at problems with expansion of QE’s scope

first_imgThe European Central Bank (ECB) is to grow the scale of its quantitative easing (QE) programme by €20bn a month, expanding it to include a wider range of corporate bonds. Its six new or amended policy measures – including lowering the base interest rate to zero and the bank deposit rate by 10 basis points to -0.4% – were likened by Patrick O’Donnell, investment manager at Aberdeen Asset Management, to the central bank’s “having thrown the kitchen sink” at the problem.All rate changes will take effect from 16 March.He said it was a “big surprise” that non-financial corporate bonds had been included within the remit of the expanded asset-purchasing facility but was uncertain how long the rally the announcement triggered would last. Stephen Years, head of fixed income beta at State Street Global Advisors, argued the steps were a realisation by the ECB that it could not continue with its usual approach.“The programme modifications and the new monetary policy tools embraced by the ECB today are reflective of the view that just pulling harder on the existing monetary leavers open to them is not sufficient to deal with the economic reality within the euro-zone,” he said.Ian Tabberer, global equity investment manager at Henderson Global Investors, argued that the ECB’s approach risked tackling the wrong areas.“At the margin, this will help financial assets, [but] it is anaemic demand for credit rather than the cost of supply that appears to be the fundamental issue, and this is creating the low-inflation environment in Europe,” he said.“We hope these measures can boost confidence but doubt whether monetary policy alone can kick-start the broader European economy.”He said questions remained whether the impact on the euro, down following the ECB’s decision, would in fact have a positive impact overall.“If these measures do lead to a weaker euro relative to other global currencies, it must be remembered that, in a global context, this is a zero-sum game,” he said.“Easing of pressures in one region may be creating pressures in another. There are no easy solutions, and the longer-term impacts of this announcement are likely to be complex.”Meanwhile, Neil Williams, chief group economist at Hermes Investment Management, was uncertain whether the actions of central bank governor Mario Draghi would have the desired effect, noting that the rate cuts were an indirect route to growth.“Either way,” he added, “while helpful in addressing the symptom, deflation, Draghi cannot alone solve the underlying problem – a monetary union devoid of economic union.“This will take years. And, meanwhile, the euro remains a currency in search of a government.”last_img read more

Premier League set to resume on 17 June with Man City v Arsenal and Villa v Sheff Utd

first_img Source: BBC Sport The Premier League season is set to restart on 17 June with Aston Villa v Sheffield United and Manchester City v Arsenal, the BBC has learned.The matches are the two games in hand.A full fixture list would then be played on the weekend of 19-21 June.Clubs are still discussing the idea at a meeting on Thursday, but it is understood all have agreed in principle at this stage.There are 92 fixtures still to play.The Premier League was suspended on 13 March because of the pandemic and it will be 100 days after Leicester City’s 4-0 win over Aston Villa on 9 March that competition will resume, with games now behind closed doors.On Wednesday, clubs unanimously voted to resume contact training, having started non-contact training last week.So far 12 people have tested positive for coronavirus after 2,752 tests across the league.Premier League players and staff will continue to be tested twice a week, with the capacity increased from 50 to 60 tests per club for the fourth round of testing.Any players or staff to test positive must self-isolate for a period of seven days.Plans for the third phase of Project Restart include a step towards normal training and build-up to competitive games.Liverpool currently sit 25 points clear at the top of the table while Bournemouth, Aston Villa and Norwich City are in the relegation places. Tags: ArsenalMan CityPremier Leaguelast_img read more