Driving home for Christmas? Stay safe on the roads with these top tips.

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Many people will break up from work this week and will travel to spend time with their families over the festive period. Since it’s six times more likely for drivers to have an accident in the winter than summer time, Mark Griffiths, safety expert at Continental Tyres, gives ten top tips on winter driving.

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Hedge funds in Europe are taking too little account of the risks Involved in outsourcing compliance

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Senior Executives can carry personal liability for the conduct of firms
Firms exposed to prosecution due to a lack of change to business structure and insufficient monitoring of governance standards
7 out of 10 not putting effective measures to manage the business process and conduct aspects of AIFMD

- London, 10 December, 2014 – Hedge funds in Europe that are rushing to outsource their compliance to meet looming reporting deadlines under the Alternative Investment Fund Management Directive are largely failing to consider the risks of doing so, warns ViClarity, the global industry-leading compliance software provider.

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BLOODHOUND Tests New 1,000mph Hybrid Rocket

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BLOODHOUND’s rocket partner Nammo tests the first in a series of large hybrid rocket motors at their Norwegean test site. The BLOODHOUND Supersonic Car will use one Nammo hybrid rocket in high speed testing scheduled for 2015 and a cluster of three rockets in its 1,000mph (1,609 km/h) campaign in 2016.

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Newmark Security announces £4m new contract win with high street bank

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Newmark Security plc (AIM:NWT), a leading security solutions group, offering safety and security for organisation’s personnel and assets, is pleased to announce today that its wholly owned subsidiary, Safetell Limited (“Safetell”), has secured a new £4 million order for the supply of equipment and preventative maintenance to a leading global brand and high street bank. The contract is for the period 1 November 2014 to 31 October 2017 with the option of a further one year extension. Under the terms of the contract, the Company is unable to disclose further details but can confirm that the order was placed by an existing and long-term customer.

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Small Business Saturday set to secure £543 million sales for local enterprises

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Direct Line for Business is offering a 10 per cent discount on its shop insurance throughout December in support of Small Business Saturday1

· People in East Midlands and Wales most likely to support Small Business Saturday

· Respondents carry out on average 16 per cent of their shopping at small, local, non-chain independent shops

London 5th December 2014 – New research2 by Direct Line for Business reveals that nearly half (47 per cent) of people are set to support Small Business Saturday on the 6th December, spending an average of £24.39 at small local non-chain and independent enterprises across the UK. This could equate to a whopping £543 million entering the tills of small enterprises.

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Property Tax Changes

LCP

LCP Response to New Property Taxes in Autumn Statement
The movement from a Stamp Duty slab tax to a graduated tax is a welcome move which LCP, residential fund and asset managers, have been lobbying for consistently over the past two years. The new system follows a similar pattern to the new Scottish system. The rates for the old and new systems are as follows:

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Identity Assurance Programme

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The National Audit Office has today published a briefing paper on the Government’s identity assurance programme, which aims to create a safe and convenient way for people to access an increasingly wide range of government services online.
The Government Digital Service (GDS) is developing the programme to support wider digital transformation across government as online services are redesigned and rebuilt.
The NAO’s briefing paper is primarily intended as a briefing for departments using GOV.UK Verify as part of their digital service.
The briefing paper can be found here.

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Skies are safer, but new risk environment and rising cost of claims challenge aviation industry, says Allianz report

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This year’s aviation losses contradict long-term trend of fewer than two passenger deaths for every 100 million commercial passengers
Increasing complexity of aircraft design impacting costs. New materials, ground equipment damage and risk of grounding are additional drivers of risk exposure while the cost of aviation claims is rising
Increasing fleet values and passenger growth will push value of risk exposure through $1 trillion barrier in near-future
North America and Europe head safety improvement, Africa is lagging behind
Cyber attacks perceived as growing risks due to reliance on interconnected systems

London/Munich/New York City/Paris/Singapore/Rio de Janeiro, 4 December 2014 – This year’s aviation disasters contradict the industry’s long-term improvement in safety with currently fewer than two passenger deaths for every 100 million passengers on commercial flights, according to a new report by aviation insurer Allianz Global Corporate & Specialty SE (AGCS). By comparison during an early decade of the jet age (1962-1971) there were 133 passenger deaths out of every 100 million passengers.

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WOMEN UP TO FIVE TIMES LESS LIKELY TO BE ROADSIDE BREATH TESTED

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Call for equal treatment to stop female drunk drivers

· New study reveals women are on average three times less likely to be breath tested than men – rising to five times in some areas

· 14 per cent of women who have driven whilst over the limit did so because they did not expect to get caught

· Seven per cent of women and 10 per cent of men fail roadside breath tests

· North Wales, Dyfed-Powys and Lancashire named the breath testing hotspots

· Drivers in Kent and Avon and Somerset are the least likely to be breath tested

· Quarter of all roadside breath tests carried out in December

 

Women are up to five times less likely than men to be roadside breath tested by the police, according to a new study from Direct Line Car Insurance1.

 

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