Press release: Regulator’s quarterly survey reports strong financial performance

first_img The Regulator of Social Housing promotes a viable, efficient and well-governed social housing sector able to deliver homes that meet a range of needs. It does this by undertaking robust economic regulation focusing on governance, financial viability and value for money that maintains lender confidence and protects the taxpayer. It also sets consumer standards and may take action if these standards are breached and there is a significant risk of serious detriment to tenants or potential tenants. For more information visit the RSH website. The sector continues to have access to sufficient finance with £18.6 billion in undrawn facilities and £6.6 billion in cash. Capitalised major repairs expenditure at £420 million increased 9% in the quarter. The sector forecasts expenditures of £2.3 billion in the next 12 months. Investment in housing supply at £2.6 billion was below forecast largely as a result of timing differences, slippage and providers exercising prudence in the forecasting of development cash flows Over the next 12 months, the sector forecasts spending £15.5 billion on new supply, although £4.9 billion relates to expenditure that is not yet contractually committed. Total sales of £1.3 billion were in line with the previous quarter and represented a 19% increase compared to the corresponding quarter a year ago The total stock of unsold properties was broadly unchanged at around 6,100 units. The number of properties unsold for more than 6 months increased by 39% for affordable home ownership units and 33% for outright market sale units – this is partly explained by a peak in completed new units in the quarter to March 2018 and some reports of sales taking longer to complete due to market conditions The pipeline of properties being developed for sale remains consistent with the previous quarter with a forecasted delivery of 5,000 low cost home ownership units and 2,200 outright sale units per quarter over the next 18 months – this is an increase on what the sector has historically delivered Simon Dow, Chair of the Board at RSH, is set to tell delegates at the 26 November Savill’s conference: Further information The Quarterly survey we have published today shows that the number of properties in the sector unsold for more than 6 months has increased. This is in line with the run rate on completions and wider market conditions, but as we set out in our Sector Risk Profile, it demonstrates that sales risk is an increasingly important risk for providers to manage. It is crucial that PRPs undertake challenging stress testing covering the crystallisation of multiple risks from a macro-economic shock or wider market downturn.center_img See our Media enquiries page for press office contact details. For general queries, please email [email protected] or call 0300 124 5225. The Quarterly surveys set out information such as the amount of borrowing by registered providers and where they have borrowed it from, the number of affordable home ownership homes and market sale homes they have built and sold. Alongside a programme of periodic In Depth Assessments and regular financial stability checks, it provides regulatory assurance on the sector’s financial strength and the continued viability of individual providers. The latest Quarterly survey by the Regulator of Social Housing reports that the social housing sector’s operational financial performance exceeded expectations with strong cash interest cover excluding sales at 165%, compared to a forecast 140%.The survey report published today covers the period 1 July 2018 to 30 September 2018 and includes forecasts up to 30 September 2019.Based on responses from 229 private registered providers (PRPs) and PRP groups who own or manage 1,000 homes or more, it provides a regular source of information regarding the financial health of providers, in particular with regard to their liquidity position.The main findings this quarter also include:last_img read more

Newly Elected Bogota Mayor Bans Guns

first_img I believe that the Mayor’s measure is very wise because it creates a culture of peace in that country. I hope that every Mayor of every country follows that example. I hope that in my country, the Dominican Republic, they make this measure a reality, since the measure saves lives. PETRO…DOESN’T LOSE ANYTHING, THE ONES WHO LOSE ARE ALL THE PEOPLE WHO CARE ABOUT OUR CITY. ALL THE PROJECTS THAT THIS ADMINISTRATION WANTS TO DO FALL APART, THEY HAND THEM OVER AND STILL WON’T ADMINISTRATE BECAUSE THEY KEEP SPENDING MORE MONEY UNNECESSARILY. I DON’T AGREE WITH THE PEOPLE WHO WANT OTHER ELECTIONS. DO NOT WASTE THIS CITY AND LET’S LEARN FROM MEDELLIN WHERE THERE’S PROGRESS; AND WHAT IS THAT COUNCIL DOING, DAYS GO BY AND NOTHING GOOD IS DONE FOR THE CITY BECAUSE THEY CAN’T COME TO AN AGREEMENT JUST WAITING FOR THE ALLOWANCE WITHOUT DOING ANYTHING POSITIVE. The new mayor of Bogota, formerly a gun-toting leftist rebel, underscored his break with the past by announcing a ban on carrying firearms in the violence-ridden Colombian capital. “As mayor and police chief, in accordance with the constitution, carrying weapons will be prohibited 24 hours a day in Bogota,” Mayor Gustavo Petro proclaimed at a ceremony marking the start of his four-year term. “Bogota told the world it is a weapons-free zone and so, we will not wear them,” he declared. “It is one thing to own a weapon and another to carry one on the street, in the nightclubs, on the bus and in the parks,” he told a crowd of some 4,000 people at a ceremony in Bogota’s Bolivar Square. Petro, a former senator and onetime leftist with the M-19 guerrilla group, was voted into office in October 2011. By Dialogo January 05, 2012last_img read more

From July 01, tourist and sanitary inspectors will start inspections in the Adriatic

first_imgThe inspection will cover the operation of catering facilities of hotels, camps and nautical tourism ports “marinas”, as well as catering facilities and tourism service providers that operate within these facilities. Control elements in the supervision of accommodation facilities from the HOTELS groupControl elements in the supervision of accommodation facilities from the group CAMPSITESControl elements in the supervision of accommodation facilities from the MARINE groupAnnex I – Conditions for hotel categories over 50 accommodation unitsAnnex I – Conditions for camp categorizationAnnex Ia. – Conditions for hotel categories up to 50 accommodation units So now there will be no more confusion or doubts, which should be observed in accordance with the law and what exactly the inspectors control in the inspection. Finally a partnership approach, as logical and as it always should have been. They will control the fulfillment of legal obligations in the field of food safety, water, protection of the population from infectious diseases and adherence to anti-epidemiological and social distancing measures in accordance with the recommendations and instructions of the Croatian Institute of Public Health, in order to avoid the risk of 19 caused by SARS-CoV-2 virus.  Side dish: For the first time, the State Inspectorate published the documents “Elements of control in supervision ” in which it is stated what the tourism and sanitary inspectors will supervise in coordinated inspections. Coordinated inspections of tourism and sanitary inspectors of the State Inspectorate will begin July 01, 2020. Tourist inspectors will primarily control the legality and fulfillment of legal obligations prescribed by the conditions for type and category of object (emphasis on the type and category of catering facilities, special standards and quality labels, working hours, house rules, prices, normative, etc.). center_img Given the high level of general hygiene conditions and measures to protect the population from infectious diseases with the offer of safe food and the provision of special safety measures is an important prerequisite for quality tourist offer to tourist inspectors will be joined by sanitary inspectors. Elements of control in supervision “The goal of these coordinated supervisions is by no means to punish, but to contribute to the catering and tourist facilities, hotels, marinas and camps being maximally ready for the arrival of tourists.”Said Chief State Inspector Andrija Mikulic. There are about 764 hotels, 204 camps and 61 nautical tourism ports in the Republic of Croatia. Most of these hotels, camps and marinas are located in Dalmatia, Primorje and Istria, and the supervision will cover those who will be open to tourists during this season.  For the first time, the document “Elements of control in supervision” was published on the website of the State Inspectorate, which specifically states what will be monitored. Tourist and sanitary inspectors of the State Inspectorate from 01 July will start with coordinated inspections in order to determine the readiness for the tourist season, announced the State Inspectorate.last_img read more

Football News Cristiano Ronaldo shares passionate kiss with girlfriend Georgina Rodriguez: View pic

first_imgMuitos parabéns, filho! 🎂🎉🎊Que continues a ser o lindo menino que tens sido até hoje, o papá tem muito orgulho em ti! 🙏Que tenhas um dia muito feliz 🥳O papá ama-te muito ❤️😘— Cristiano Ronaldo (@Cristiano) June 17, 2019Ronaldo and Georgina Rodriguez, who have been dating since 2016, could be seen sharing a passionate kiss in a jacuzzi on the deck of his yacht. Aren’t Ronaldo and his girlfriend Georgina Rodriguez giving us a major couple goal?Ronaldo reportedly left a whopping €20,000 tip for the staff at the hotel he stayed in to thank them for allowing him to enjoy his holiday in peace.Ronaldo capped off a successful 2018/19 season with the UEFA Nations League victory, thereby solidifying his claim to win the Ballon d’Or this year. However, as things stand, Liverpool defender Virgil van Dijk and Lionel Messi are the two frontrunners for football’s greatest individual prize. New Delhi: Cristiano Ronaldo is one of the world’s best ever football players and there is no doubt in it. He is currently on a holiday in the south of France along with his girlfriend Georgina Rodriguez, son Cristiano Jr and his brother Hugo Aveiro. Apart from hiring a private yacht to enjoy the sun and the sea, the Portuguese football legend has also been staying in a hotel in Greece.Along the way, Ronaldo has been sharing photos of his adventures including one of a helicopter ride, another with his son in the pool, and a third of with his girlfriend Georgina Rodriguez.Taking to the social media platform including Twitter and Instagram, the Juventus football player posted several pictures. Take a look: For all the Latest Sports News News, Football News News, Download News Nation Android and iOS Mobile Apps.last_img read more