Novas boss highlights quality of Limerick homeless service

first_imgBilly Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” TAGSAlan JacqueshomelesshomelessnesslimerickLimerick Homeless Action TeamMichael GouldingNovas Email Advertisement Print Limerick’s National Camogie League double header to be streamed live Facebook Twittercenter_img WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads NewsLocal NewsNovas boss highlights quality of Limerick homeless serviceBy Alan Jacques – January 21, 2017 1801 Linkedin Limerick Ladies National Football League opener to be streamed live RELATED ARTICLESMORE FROM AUTHOR WhatsApp Previous articleNew boss at Lero research centreNext articleMunster secure home quarter final with victory over Racing 92 at Thomond Park Alan Jacqueshttp://www.limerickpost.ie Novas CEO Michael Goulding.Novas CEO Michael Goulding.WHILE Apollo House in Dublin has highlighted some poor standards of accommodation for homeless people, Limerick-based voluntary agency Novas is eager to highlight the quality services it provides to all its clients in its Supported Temporary Accommodation services (STA).Chief executive Michael Goulding says that the issue of ‘single rooms for single individuals’ has been a priority for Novas for a long time.We prioritised the provision of single rooms and in all but two rooms at Arlington Lodge in Tralee, we achieved this,” he told the Limerick Post this week.Sign up for the weekly Limerick Post newsletter Sign Up In Limerick, Novas’ McGarry House provides 40 single units of STA accommodation. The service also provides long-term apartments for tenants requiring a degree of support to maintain independent living.In Brother Russell House, which won Best Homeless Project at the ISCH Awards in 2015, all accommodation in also provided in single, en-suite rooms. Mr Goulding stated that Novas “thoroughly believes that single units of accommodation provide privacy and security and ultimately provide better outcomes for individuals and more sustainable pathways out of homelessness”.“Clients know that this is their home for up to six months so the anxiety of where they are going to sleep from night to night has been removed,” he explained.As well as the provision of single units of accommodation, all clients are allocated key-workers who provide ongoing support around their mental health, addiction and family breakdown and individualised care plans are developed.However, a recent Winter Beds Initiative opened by Novas in partnership with the Limerick Homeless Action Team does provide shared bedrooms. This service was an immediate response to the spike in rough sleeping in the city.“While the sleeping arrangements are not ideal, the service took people off the streets and prevented the need for any rough sleeping. It is only a temporary arrangement, until the end of March, and in the meantime Novas are working to provide long-term solutions for the clients who avail of the service. The Novas Housing First Team are working tirelessly to locate apartments and houses for those that are using both the STA units in McGarry House and the Winter Beds Initiative.”The Winter Beds Initiative is one of a range of services provided by Novas to homeless people during this particularly cold spell. McGarry House is also extending its capacity by four during the coming weekend to accommodate any overspill. Its Street Outreach will provide outreach support each evening and is a vital access point for some of the city’s most vulnerable homeless people.Novas also operates a 24-hour helpline in conjunction with the Homeless Action Team for those who find themselves out of home. This number is 1800 60 60 60. The organisation urges anyone who sees someone rough sleeping over the weekend to contact this number.by Alan [email protected]last_img read more

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UK government proposes ‘expert stewardship oversight group’

first_imgThe UK government has proposed establishing an “expert ‘stewardship oversight group’” to improve the quality of stewardship of UK companies by investors. The group could review significant corporate failings and scandals, make recommendations, and ensure that lessons are applied throughout the investment chain, according to proposals from the Department for Business, Energy & Industrial Strategy (BEIS).Suggested members included the Investor Forum, company chairmen, company secretaries, asset owners and the Financial Reporting Council (FRC). Launched in 2014, the Investor Forum was one of the key recommendations to come out of the 2012 Kay Review. It exists to facilitate better engagement between UK public companies and their shareholders.   Another idea suggested by BEIS was to get large listed companies to commit to “hosting periodic strategy and stewardship forum meetings focusing on the company’s long-term strategic plans”.“This is an essential counterpart to the Department for Work and Pensions’ recent defined benefit white paper”.Pensions and Lifetime Savings AssociationBEIS floated the ideas in a consultation on insolvency and corporate governance on Tuesday. It said they were options for reform alongside those suggested by the FRC earlier this year in connection with its upcoming consultation about the Stewardship Code.BEIS said the FRC’s consultation would be “a significant opportunity to help strengthen the quality of investor engagement with UK companies”.The government’s consultation was aimed at improving the UK’s corporate governance framework and ensuring “the highest standards of behaviour in those who lead and control companies in, or approaching, insolvency”.BEIS said: “The vast majority of UK companies are run fairly and responsibly, but a small number of recent corporate governance failures have raised concerns that company directors can unfairly shield themselves from the effects of insolvency and – in the worst cases – profit from business failures while workers and small suppliers lose out.”Other proposals in the consultation included disqualifying directors or holding them personally liable if they were found to have sold a struggling company recklessly or knowing it would fail, and giving the Insolvency Service new powers to investigate directors or dissolved companies.The high-profile collapse of Carillion, a UK construction company that went into liquidation in January, has been the focus of considerable political and media attention in recent weeks. It has triggered questions about the behaviour of a range of actors – company directors, auditors, investors, regulators and others – and the regulatory framework governing them. The UK pension fund association said the government’s new consultation was “an essential counterpart” to the recent defined benefit white paper from the Department for Work and Pensions (DWP).Caroline Escott, policy lead for investment and defined benefit at the Pensions and Lifetime Savings Association, said: “In light of recent events, such as the failures of BHS and Carillion, we are glad to see the government looking at the relationship between good corporate governance and good outcomes for pension scheme members.“This is evident both in today’s consultation from the BEIS and also from the DWP’s recent defined benefit white paper. It is imperative that the interests of scheme members remain at the forefront of a company’s considerations in the case of insolvency or restructuring.”Last year the government announced corporate governance reforms that focused on boardroom accountability to shareholders, employees and the public.last_img read more

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High Court approval of GVC terms signals closing time on Ladbrokes Coral Plc

first_img Share Share Related Articles Submit Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’ August 11, 2020 GVC hires ‘comms pro’ Tessa Curtis to re-energise media profile  August 25, 2020 The High Court of England & Wales has sanctioned the outright takeover of Ladbrokes Coral Plc by GVC Holdings, clearing the deals ‘recommended offer’ for investors.GVC governance clears another final hurdle towards securing its industry-changing takeover of Ladbrokes Coral, which this March received both its investor and UK Competition & Markets (CMA) approval.Updating stakeholders, GVC details that its deal is still on-time with the principal events calendar outlined in the scheme document published on 9 February 2018.Today’s update sees the High Court agree to investor provisions set-out in GVC’s combined Ladbrokes Coral corporate prospectus published on 9 February 2018.Ladbrokes Coral investors are guaranteed a 32.7 pence in cash and 0.141 new GVC shares for each share, representing a secured deal value of + £3.2 billion.Furthermore, GVC’s deal allows for an adjusted entitlement of up to 42.8 pence, dependent on the final judgement of the UK government’s Triennial Review on FOBTs wagering, which would increase the deal’s final transaction to + £4 billion.Securing High Court approval, Ladbrokes Coral will now move to delist/suspend its London FTSE main markets stock exchanging listing on Wednesday 28 March.GVC governance has reserved 273,000,000 shares at €0.01, for its enlarged trading on London’s main market on Thursday 29 March, incorporating Ladbrokes Coral investors. StumbleUpon GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020last_img read more

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