Ann Gloag donates £1 million to Compassionate Nursing Initiative

first_img Howard Lake | 7 June 2007 | News  41 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Giving/Philanthropy Recruitment / people The project will see the establishment of four Beacon Wards throughout NHS Lothian, where existing best practice will be nurtured and rolled out elsewhere. In addition, a new online mentoring service will be introduced along with master-classes for students and graduates, and a dedicated website providing advice and support.Gloag was awarded an honorary doctorate from Napier University in 2005. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.center_img Ann Gloag donates £1 million to Compassionate Nursing Initiative AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Stagecoach entrepreneur Ann Gloag OBE has donated £1 million towards a Napier University-NHS Lothian project to improve compassionate care in nursing. The three-year Leadership in Compassionate Care initiative aims to ensure patients “receive the compassionate, person-centred care they expect and deserve”.Gloag said: “Nurses have many more time pressures and responsibilities today than when I was a nurse and as a result, sometimes, the care a patient receives lacks the ‘human touch’ that is so important.“This initiative is designed to help nurses ensure that compassion is part of everything they do and that is why I am pleased to fund the project for the next three years. We hope the initiative will result in improvements that can then be rolled out across Scotland with the backing of the Scottish Executive.” Advertisementlast_img read more

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