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On Course

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Originally published 2008
AuthorsJames M. Lang
GenresReference Work
Date of Reg.
Date of Upd.
ID2916255
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About On Course


You go into teaching with high hopes: to inspire students, to motivate them to learn, to help them love your subject. Then you find yourself facing a crowd of expectant faces on the first day of the first semester, and you think “Now what do I do?” . . .

Barclays to cut 900 UK jobs, says Unite union

Barclays to cut 900 UK jobs, says Unite union
Nov 28,2023 12:11 pm

... This is a mega-rich bank that is already On Course to make eye-watering profits this year...

No interest rate cuts for foreseeable future, says Bank of England

No interest rate cuts for foreseeable future, says Bank of England
Nov 27,2023 9:31 am

... In his Autumn Statement last week, Chancellor Jeremy Hunt announced some tax cuts for workers and businesses as the government attempts to boost growth, but the UK s overall tax burden is still On Course to hit a record high...

Bowen: Five new realities after four weeks of Israel-Gaza war

Bowen: Five new realities after four weeks of Israel-Gaza war
Nov 3,2023 9:11 am

... But even if that proportion is as high as 10%, which is unlikely, it means that Israel is On Course to have killed as many Palestinian civilians in just over a month than Russia has killed in Ukraine since February 2022...

Sharp rise in UK firms at risk of going bust, insolvency data shows

Sharp rise in UK firms at risk of going bust, insolvency data shows
Oct 30,2023 10:31 pm

... These official insolvency figures are expected to reveal that 2023 is On Course to see the highest number of company failures since the depths of the financial crisis in 2009...

Nyad: Netflix film follows swimmer who braved sharks and jellyfish

Nyad: Netflix film follows swimmer who braved sharks and jellyfish
Oct 18,2023 10:11 pm

... Played by Jodie Foster in the movie, she sailed alongside her best friend, masterminding the operation and keeping the journey On Course...

Poland's ruling party set to lose power - exit poll

Poland's ruling party set to lose power - exit poll
Oct 15,2023 3:41 pm

...The right-wing populist Law and Justice party is On Course to win most seats in Poland s general election, an exit poll suggests, but may struggle to secure a third term in office...

Cervical cancer: 17,500 women to have smear tests re-checked

Cervical cancer: 17,500 women to have smear tests re-checked
Oct 9,2023 7:21 am

... It added that it was On Course for full introduction of primary HPV testing by December 2023 which will mark the start of " a new era for cervical screening" and help to clear the current backlog for reporting smear test results...

Taxpayers to pay £40bn due to threshold freeze, think tank says

Taxpayers to pay £40bn due to threshold freeze, think tank says
Oct 6,2023 2:01 pm

...By Michael RaceBusiness reporter, BBC NewsTaxpayers are On Course to pay £40bn a year by 2028 as a result of the freeze on personal tax thresholds and inflation, new analysis suggests...

No interest rate cuts for foreseeable future, says Bank of England

Oct 2,2023 11:11 pm

Michael RaceBusiness reporter54 minutes ago

The governor of The Bank of England has warned again that interest rates will not be cut in the " foreseeable future" saying it is " too soon to have that discussion".

Andrew Bailey said getting Inflation , which is the rate consumer prices rise at, down to The Bank 's 2% target would be " hard work".

Inflation has dropped sharply in recent months, falling to 4. 6% in the year to October.

But Mr Bailey said getting Inflation back down to The Bank 's target was why he had " pushed back of late against assumptions that we're talking about cutting interest rates".

Mr Bailey also said he was concerned about the UK economy. " If you look at what I call the potential growth rates of the economy, there's No Doubt it's lower than it has been in much of my working life, " he added.

His comments, during a visit to the North East of England, come as A House of Lords committee report said that reforms were needed to improve The Bank of England's performance and accountability.

The Bank , which sets UK interest rates, has raised rates in recent times in its attempt to tackle rising prices, which have soared largely due to energy and food costs increasing in The Aftermath of the Covid pandemic and Russia's invasion of Ukraine.

Interest rates are currently at 5. 25%, a 15-year high, which has pushed up mortgage costs But also led to higher savings rates.

Mr Bailey has repeatedly warned against suggestions that interest rate cuts will follow.

" I'm very conscious of The Position of the less well-off, " he told Chronicle Live.

" But we do have to get [Inflation ] down to 2% and that's why I have pushed back of late against assumptions that we're talking about cutting interest rates. "

The Bank First started to raise rates in December 2021 in an attempt to control Inflation - But it is a Balancing Act . If rates go up too fast, consumers and businesses may spend and invest less which tends to drag on the economy.

The UK is not currently in recession But there have been concerns over weak Economic Growth .

In his Autumn Statement last week, Chancellor Jeremy Hunt announced some tax cuts for workers and businesses as the government attempts to boost growth, But the UK's overall tax burden is still On Course to hit a record high.

A report by The House of Lords Economic Affairs Committee released on Monday said the framework for The Banks ' independence had been tested by The Rise in Inflation and " the resulting loss of public confidence in The Bank ".

It said " all central banks, including The Bank of England" had made errors in recent years, including forecasting Inflation incorrectly.

" While We Are of The Strong view that independence should be preserved, reforms are needed to improve The Bank 's performance and to strengthen its accountability to Parliament, " said Lord Bridges of Headley, chair of The Committee .

The Report said that a " democratic deficit" had emerged with " critically important" economic decisions being " delegated to unelected officials".

It suggested The Bank 's remit be " pruned" in order to " ensure that The Bank is focused on its primary objectives of tackling Inflation and ensuring financial stability".

" The Bank must do more to foster a diversity of views and strengthen a culture that encourages challenge, " The Report added.

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Source of news: bbc.com

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