UK house prices stage rapid recovery in third quarter

first_img whatsapp Monday 12 October 2020 12:08 pm Paul Smith, economics director at IHS suggested the resurgence in prices was also due to “strong demand driven by a desire for more space – either as a reaction of the lockdown or the structural economic effects of increasing home working”. It surpassed the previous records of 6.4 set prior to the financial crisis.  The recent rise in prices has led to a tightening of affordability constraints, with the house price-to-earnings ratio reaching a record high level of 6.5 by the end of the third quarter.  House prices enjoyed their strongest quarterly increase since before the financial crisis in the third quarter as lockdown restrictions eased.  Share (Getty Images) Also Read: UK house prices stage rapid recovery in third quarter Show Comments ▼ UK house prices stage rapid recovery in third quarter Properties in greater London remain comfortably the most expensive, with the typical house now costing more than £500,000 and around 1.5 times higher than in the South East.  (Getty Images) Also Read: UK house prices stage rapid recovery in third quarter Wider economic issues, particularly the rise in unemployment due to coronavirus, suggest activity and the rapidly rising prices are unlikely to be sustained.  Angharad Carrick Unsurprisingly London has the highest ratio of close to 9, and the immediate regions surrounding the capital, with ratios all above 7, where affordability remains a key issue. (Getty Images) The upturn in prices meant the standardised house price edged close to the £250,000 mark during the third quarter. Price inflation has picked up across all buyer and property types, with existing property inflation – 5.8 per cent – outstripping that of new houses – +4.1 per cent.  Prices rebounded quickly in the third quarter after the broadbased closure of the market during the previous quarter.  And last week Boris Johnson announced plans to turn “generation rent” into “generation buy” by allowing people to purchase homes with a five per cent deposit.  The housing market has been buoyed by government interventions such as the stamp duty holiday introduced over the summer.  Prices rose 3.3 per cent in the three months to September, according to the Halifax Property Index, the strongest increase recorded since the end of 2006. On an annual basis prices were 5.5 per cent higher, the sharpest rate of inflation since the final quarter of 2016.  whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndo Tags: London house prices UK house priceslast_img read more

Welfare Bill passes as Labour leadership descends into crisis

first_img Emma Haslett Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 The House of Commons passed government plans for £12bn in welfare cuts last night, including tax credit cuts and welfare caps, while acting Labour leader Harriet Harman suffered a rebellion in the vote. Read more: The government’s welfare bill is necessary – but more must be done After five hours of debate, Parliament backed the Conservatives’ Welfare Reform and Work Bill by 308 votes against 124 votes. But 48 Labour MPs went against their orders of abstaining from the vote and voted against the bill. London mayoral candidates David Lammy and Sadiq Khan voted against the bill, while Labour leadership hopeful Jeremy Corbyn also voted the bill down. Meanwhile, Corbyn’s competition for leadership of the Labour party – Andy Burnham, Yvette Cooper and Liz Kendall – all abstained. Chief secretary to the Treasury Greg Hands, tweeted: Speaking after the vote, secretary of state for work and pensions Iain Duncan Smith said: “Nearly 50 Labour MPs have defied their leadership and opposed our welfare reforms which will move our country from a low wage, high tax and high welfare economy to a higher wage, lower tax and lower welfare society. “It’s clear that Labour are still the same old anti-worker party – just offering more welfare, more borrowing and more taxes.” Tags: NULLcenter_img Show Comments ▼ Tuesday 21 July 2015 3:20 am whatsapp whatsapp Welfare Bill passes as Labour leadership descends into crisis last_img read more

Electronics ‘like a second skin’ make wearables more practical and MRIs safer for kids

first_img BERKELEY, Calif. — She’s a physicist who trained in the storied lab where Watson and Crick worked out the structure of DNA. In her years in industry, she made sharper displays for e-readers, more efficient solar panels, and sensor tape that soldiers could wear on the battlefield to measure the strength of explosions.Her manufacturing tool of choice: a simple printer.Ana Claudia Arias is an expert in the field of low-cost printable electronics. Now at the University of California, Berkeley, she’s focused on using printers loaded with a variety of high-tech inks to make a new generation of medical devices, from wearables to barely noticeable MRI hardware for kids.advertisement Trending Now: To speed development of their flexible MRI coils, Arias, with Lustig, Corea, and Balthazar Lechene, a French postdoctoral researcher and materials scientist, have spun off a company called InkSpace Imaging. The name refers to ink for printing, of course, but also to k-space — a technical term for an array of numbers that represents spatial frequency in an MRI image.“It’s very geeky,” Arias said. “We get a laugh every time we think of it.”To get the coils to work in a pediatric hospital, however, also required skills Arias’s team didn’t learn in engineering school.They had to find soft, fuzzy fabric for a “blankie” in which to place the coils. The team went to a Joann store and promptly started arguing over which patterns and colors to use and whether they were gender-neutral or comforting enough. They settled on a bright green, fire-resistant fabric with extremely cute dinosaurs saying ‘RAWR.’“We were asking things like, ‘Would 12-year-olds like dinosaurs?’,” recalled Lechene, who helped develop the coils and now keeps bolts of dinosaur cloth in his office. “These are not questions we normally think about.”There was just one last hurdle: Arias had to teach her engineering students how to sew. “Our dream is to have electronics in things like this,” she said, holding out a piece of plastic mesh so soft it felt like cloth.Arias doesn’t wear a Fitbit. Why would she? To her, they’re bulky, unattractive and, most annoyingly, have to be recharged all the time.Instead, in a lab filled with printers that can extrude liquid silver nanoparticles, carbon nanotubes and semiconducting plastics, Arias and her students have created whisper-thin, flexible devices that monitor a variety of body functions.advertisement There’s a pulse oximeter the size of a Band-Aid, which reads blood oxygen levels from anywhere on the body and could easily be added to a wrist-worn fitness tracker. Tests show it functions as well as the more expensive rigid ones used in hospitals, which work only on translucent parts of the body such as fingers or earlobes.To solve the recharging problem, she’s working on flexible energy storage devices; in one bracelet that can be charged by the sun or indoor light, the solar cell is crafted to look like a jewel. Running out of power is merely an inconvenience for a fitness tracker, but it’s a major issue for monitoring devices in medical settings, said Arias, 44, a native Brazilian.While the world of medical wearables may be eager for much of the technology Arias is cooking up, she’s somewhat exasperated with products for the consumer market. In addition to being too large and uncomfortable for her taste, they’re often unreliable. “They don’t have to go through FDA approval,” she said. “With the Fitbit, sometimes you don’t even have a pulse.”Instead, Arias is building devices that, she said, could provide “real, valid medical information caregivers can use.” She’s working on adapting her pulse oximeter into a bandage-like sensor that could monitor how a wound is healing. She’d like to develop sensors that could slip onto the insoles of shoes to warn diabetics of foot ulcers they can’t feel.“What would be best would be electronics that were almost like a second skin,” she said. “No adhesive. No straps. Almost like underwear — you forget that you’re wearing it.”Researcher Balthazar Lechene holds the “blankie” developed at UC Berkeley that contains printed MRI coils. Usha Lee McFarling/STATA sensor you can barely feel is exactly what Miki Lustig was looking for. Lustig, who works two doors away from Arias, is an electrical engineer and expert in MRI signal processing. He’s been working for 15 years on ways to make MRI images crisper and exams shorter.One of the main problems for all patients, but especially for children, Lustig said, is that traditional MRI coils, which serve as antennae to receive signals from a patient’s body, are rigid, big and bulky. They’re uncomfortable and often lie too far away from the anatomy that requires imaging, resulting in poor image quality. Some coils are so heavy they can crush a small child’s chest and need to be propped up with blankets, pushing them even farther away. @ushamcfarling Leave this field empty if you’re human: Lustig had been pondering the coil problem when he attended a research talk by Arias, who had joined the Berkeley faculty just weeks before. As she described her flexible electronics, he immediately saw the potential and rushed over as soon as her talk ended.“He said, ‘Ana! Do you think you can print coils?’” Arias recalled. “I said, ‘Miki! What are coils?’”But once she learned about MRI coils — and saw the huge need for better ones in pediatrics — she was hooked. “Immediately we started getting materials and trying to test them,” Lustig said.It was a funny collaboration: Lustig, a software whiz, had never built hardware. Arias could build most anything but didn’t know the first thing about MRI. Neither knew anything about radio frequency, a critical component of MRI coils. They forged ahead anyway. “It was a learning curve,” Lustig said. Getting to where they are today — testing lightweight, plastic coils on patients at Stanford’s Lucile Packard Children’s Hospital — took six years.At the hospital, they worked with Dr. Shreyas Vasanawala, a Stanford pediatric radiologist and engineer. He had grown increasingly frustrated with the barriers that prevented many of his young patients from receiving MRIs.When children did get these scans, they often had to be anesthetized to ensure they stayed still during the long exams. And sometimes a tube had to be inserted down their windpipe to ensure they could keep breathing under the heavy weight of the coils. “Something that’s otherwise a completely safe, noninvasive imaging test becomes a much bigger deal,” Vasanawala said.Physicians and parents often opt for simpler CT scans instead. But those scans involve radiation and also don’t image soft tissue nearly as well as MRIs. “Pediatricians have to accept a sub-optimal test,” he said. By Usha Lee McFarling Nov. 15, 2017 Reprints Watch: Episode 11: Building tomorrow’s MRI — faster, smaller, and cheaper HealthElectronics ‘like a second skin’ make wearables more practical and MRIs safer for kids Privacy Policy Related: Usha Lee McFarling Arias’s coils, in contrast, are thin, flat plastic pieces with the receiver material — silver nanoparticles — screen-printed on them. “Just like T-shirts,” Arias said. The coils are light, flexible, and see-through, like a thick report cover.When Joseph Corea, the graduate student who constructed the first coils, showed them to Vasanawala, he was worried they might send out a corrupted signal when they were flexed around a body part. But there were no problems of that sort, Vasanawala said, and a host of benefits. They don’t press down on children’s lungs, for one thing.“They’re so flexible and so low-profile, people don’t notice they’re there,” he said. “MRI techs and nurses tend to focus on the patient instead of the technology.”The crisper medical imaging these coils enable can have a huge clinical impact. Vasanawala described one dramatic case — involving a 5-year-old named Finn Green who was set to have a liver transplant due to cancer. But an MRI scan — with no anesthesia — showed only part of Green’s liver was affected, and allowed a surgeon to take out only the cancerous portion of the liver. The child’s liver grew back to normal size in six weeks. He remains healthy and cancer-free.Lighter and flexible coils are the future, said Jason Polzin, who leads MRI technology development for GE Healthcare and is working with Arias and Vasanawala to incorporate their technology into next-generation coils. “We ask ourselves, how did it go this long with the ways coils are now?,” he said. “It seems so obvious in hindsight.” Comparing the Covid-19 vaccines developed by Pfizer, Moderna, and Johnson & Johnson NewslettersSign up for The Readout Your daily guide to what’s happening in biotech. National Science Correspondent Usha covers the toll of Covid-19 as well as people and trends behind biomedical advances in the western U.S. Physicist Ana Claudia Arias uses printers to create light, wearable electronics for medical monitoring and imaging. UC Berkeley “What would be best would be electronics that were almost like a second skin.” MRI imaging for children is such a problem, the National Institutes of Health has made funding research in the area — including Vasanawala’s and Arias’s work — a priority.“We know MRI can do many wonderful things for adults, but children have been left behind,” said Guoying Liu, who directs the MRI program at the National Institute of Biomedical Imaging and Bioengineering and has funded more than a dozen projects that focus on younger patients. “When I first arrived here eight years ago, there was zero technology development for children. There was nothing. I was shocked.”Dr. Shreyas Vasanawala, a pediatric radiologist at Stanford’s Lucile Packard Children’s Hospital who has been working to make MRIs faster and safer for children. Toni Bird/Lucile Packard Foundation for Children’s HealthMany credit Vasanawala for being the driving force behind improvements to pediatric MRI. He’s spent the last decade working with Lustig and others to find ways to shorten exam times and reduce the need for children to be anesthetized. His team has created software that speeds image gathering and corrects for motion so kids don’t have to keep perfectly still. An MRI can now be done in as little as five or 10 minutes — down from more than an hour — Vasanawala said.His team also created kid-sized flexible coils that are light but denser so more information can be collected for images in a shorter time. These coils are now being developed commercially by GE Healthcare, but are still a bit bulky and definitely noticeable to a child. Please enter a valid email address. About the Author Reprints Ana Claudia Arias, UC Berkeley Related: [email protected] Liquid biopsy could lead to precision therapies for children’s eye tumors Tags medical devicesmedical technologypediatricslast_img read more

Canadians good about filing taxes: BMO

Share this article and your comments with peers on social media Facebook LinkedIn Twitter Another 28% of people surveyed said they file on time because they expect a refund, while 22% believe that not filing annually would only make their taxes more complicated in future. For 11% of Canadians the fear of being audited is what keeps them meeting the April 30 deadline. There are still 6% of Canadians who don’t file annually, according to BMO’s study. Of those, 24% use the excuse that they are two busy to send in their tax return while another 17% say they don’t make enough money for it to be worthwhile. Twenty per cent of Canadians claim they don’t know how to file their taxes. Advisors who suspect their clients are avoiding filing their taxes because they find the task daunting should introduce the individuals to a tax professional, says John Waters, vice president, head of tax and estate planning, wealth planning group, BMO Nesbitt Burns, so they can avoid paying any interest or penalties. Fiona Collie Federal budget bill includes changes to stock options, annuities, mutual fund trusts Keywords Income taxesCompanies BMO Nesbitt Burns Inc. IRS announces filing extension for 2020 tax return Related news There are all kinds of reasons why Canadians either do or, in some cases, don’t file their taxes annually, according to a study released by Toronto-based BMO Nesbitt Burns Inc. on Friday. BMO’s Psychology of Taxes Study found that 94% of Canadians file their personal income tax returns each year. Of those Canadians, 52% file their taxes on time every year because “it is the right thing to do.” Tax tips for self-employed clients read more

$9 million grants program strengthens NQ economy

first_img$9 million grants program strengthens NQ economy Competitive grants of up to $500,000 for projects that lead to more jobs in regional Queensland are now availableThe grants are for the hardest-hit communities from the 2019 North Queensland Monsoon TroughA total of $9 million is available over two roundsProjects that lead to more jobs in the 14 Local Government Areas hardest hit by the 2019 North Queensland Monsoon Trough could receive grants of up to $500,000 under an Australian Government-funded program that supports the region’s ongoing recovery and resilience.Minister for Agriculture, Drought and Emergency Management David Littleproud said Round 1 of the $9 million North Queensland Economic Diversification Grants program opens today. Between $10,000 and $500,000 is available for projects that diversify existing industries and start new ones.“The grants are fairly flexible with how they can be used because we know the best ideas for broadening the region’s economic base will come from the locals,” Minister Littleproud said.“The competitive grants are an opportunity for the region to strengthen its resilience to future economic blows.“Funding is available in two streams, one for projects related to agriculture and its value chain, and one for non-agricultural related projects.“There are already good examples of economic diversification in the region, such as Winton and its use of the natural surroundings and increasing tourism appeal through attractions such as the Jump-Up Dark Sky Sanctuary which is part of the Australian Age of Dinosaurs Museum.“There’s so much potential for other towns in North Queensland to leverage their uniqueness to do the same.”The grants will be managed by the Queensland Rural and Industry Development Authority (QRIDA). Information on how to apply is available on their website.The North Queensland Economic Diversification Grants program is one of five measures totalling $60 million announced by the Australian Government in the 2020-21 Budget, to support the region’s ongoing recovery.The locally led After the flood: A strategy for long-term recovery was prepared by the National Drought and Flood Agency, with extensive community consultation. For more information visit the Flood recovery​ page. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Agriculture, AusPol, Australia, Australian, Australian Government, community, drought, Emergency, Emergency Management, Government, grants program, Home Affairs, industry, Local Government, Minister, Queensland, resilience, Wintonlast_img read more

Vancouver launches new online community engagement tool

first_imgVancouver launches new online community engagement toolPosted by ClarkCountyToday.comDate: Tuesday, September 3, 2019in: Community Newsshare 0 Its primary objective is to provide an additional, convenient way for people to learn about and get involved with the work the city does VANCOUVER — In an effort to provide more opportunities for residents to get involved with city projects, plans and initiatives, the city of Vancouver has launched a new online community engagement tool called Be Heard Vancouver.Be Heard Vancouver does not replace existing face-to-face engagement opportunities, like Vancouver City Council meetings and public open houses. Its primary objective is to provide an additional, convenient way for people to learn about and get involved with the work the city does, on their own time and from almost anywhere. Photo by Mike SchultzBe Heard Vancouver does not replace existing face-to-face engagement opportunities, like Vancouver City Council meetings and public open houses. Its primary objective is to provide an additional, convenient way for people to learn about and get involved with the work the city does, on their own time and from almost anywhere. Photo by Mike SchultzThe Be Heard Vancouver site,, serves as a single, central community engagement hub for the city, where you can:Learn about City projects, plans and initiatives that are currently seeking public inputSubmit feedback and ideasFill out online surveys & pollsView and engage with other people’s feedbackAsk questionsBe Heard Vancouver does not replace existing face-to-face engagement opportunities, like Vancouver City Council meetings and public open houses. Its primary objective is to provide an additional, convenient way for people to learn about and get involved with the work the city does, on their own time and from almost anywhere.The projects, plans and initiatives on the Be Heard Vancouver site will be updated regularly as new projects get started. Currently, the city is seeking community input on four projects:A Stronger Vancouver (survey closes Sept. 15)Westside Bike Mobility ProjectVancouver’s new Public Art PlanMain Street Appearance ProjectQuestions about Be Heard Vancouver can be sent to [email protected] provided by city of Vancouver.AdvertisementThis is placeholder textTags:Clark CountyVancouvershare 0 Previous : Letter: ‘No-cause eviction, a de-stabilizing reality’ Next : Liz Pike Art to be featured at several Fall shows around Pacific NorthwestAdvertisementThis is placeholder text guestLabel guestLabel 0 Comments Inline FeedbacksView all comments Subscribe Connect with LoginI allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgreeNotify of new follow-up comments new replies to my comments I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). center_img I allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgree Name*Email*Website Name*Email*Websitelast_img read more

Is the classic car value bubble about to burst?

first_img Great collectible vehicles still sell — many for good money. But owners are experiencing a changing marketplace with fewer enthusiasts to buy their cars, and not as many younger people entering the hobby. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | virtual panelPlayThese spy shots get us an early glimpse of some future models | Millennial enthusiasts love these cars Boomers can’t stand ‹ Previous Next › The people who loved these cars when both were younger are crossing the divide. Many collectors in their 70s and 80s are downsizing their garages. Some are selling all their collector vehicles. The collectors who are still buying these cars have become extremely price-conscious. There are bargains to be had.At the same auction last weekend, a rare Canadian-built 1954 Meteor Rideau Sunliner convertible crossed the block selling for $15,900 — that’s unheard of. Ford of Canada built about 400 of these Canadian-only convertibles, and only a handful are left.Created with Raphaël 2.1.2Created with Raphaël 2.1.2A 1954 Meteor Rideau Sunliner that sold at the Toronto auction for $15,900 is reflective of slumping prices for classic convertibles of the 1950s. Collector Car Productions Japanese collectibles, including any Acura NSX model, along with Datsun Z sports cars of the ’70s and early ’80s, have seen prices double in the past few years. There are others.“If friends and family had listened to me, they would have snapped up every Acura Integra Type RS,” says Nigel Matthews of Hagerty Insurance. “That car sold new for $27,000. Today, they are commanding north of US$60,000.”Any collectible with Carroll Shelby’s name on it is a big seller, particularly the big-block fastback and convertible models from the late 1960s.Full classics including Packard and Cadillac open cars continue to be traded like rare pieces of art, and are holding or increasing their value.Created with Raphaël 2.1.2Created with Raphaël 2.1.2This fully optioned 1957 Chevrolet BelAir convertible brought a winning bid of $74,800 at the Toronto fall collector car auction We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Created with Raphaël 2.1.2Created with Raphaël 2.1.2 This 1956 Ford Fairlane Sunliner sold at the Toronto collector car auction this fall at the bargain basement price of $17,600.  Collector Car Productions Trending Videos The Rolls-Royce Boat Tail may be the most expensive new car ever This is illustrative of how interest in cars of that vintage is waning as hobbyists who love those cars are fewer in numbers.Auctions are a great appraisal tool to establish collector vehicle values. It shows what the buyer will sell the vehicle for, and what someone will pay for it, at that time and location. Owners can’t expect high U.S.-dollar prices when they are selling their cars in Canada — unless the vehicle is spectacular or has extremely high collectability.It is very hard to define values by looking solely at advertised asking prices and auction results. Many desirable collector vehicles change hands by word of mouth. They never officially come on the market.What’s hot and what’s not? Performance European cars including vintage Mercedes-Benz and Porsche sports cars and convertible examples continue to increase in value.“One of the hottest cars in the marketplace today is the air-cooled Porsche 911, particularly the 1997, the last air-cooled model; and the Carrera cabriolet offered through 1998,” says appraiser and master concours d’elegance judge John Carlson. Created with Raphaël 2.1.2Created with Raphaël 2.1.2There are bargains to be had at classic car auctions in Canada, as values of cars from the 1950s and muscle cars of the 1960s slumpCollector Car Productions Created with Raphaël 2.1.2Created with Raphaël 2.1.2This 1956 Ford Fairlane Sunliner sold at the Toronto collector car auction this fall at the bargain basement price of $17,600.Collector Car Productions Created with Raphaël 2.1.2Created with Raphaël 2.1.2This fully optioned 1957 Chevrolet BelAir convertible brought a winning bid of $74,800 at the Toronto fall collector car auctionCollector Car Productions Created with Raphaël 2.1.2Created with Raphaël 2.1.2This well-restored and highly optioned 1956 Ford Fairlane Sunliner convertible was a no-sale at the Toronto auction with a closing bid of $46,000Collector Car Productions Created with Raphaël 2.1.2Created with Raphaël 2.1.2A closing bid of $352,000 bought this 2006 Ford GT at the Toronto collector car auction.Collector Car Productions Created with Raphaël 2.1.2Created with Raphaël 2.1.2A 1954 Meteor Rideau Sunliner that sold at the Toronto auction for $15,900 is reflective of slumping prices for classic convertibles of the 1950s.Collector Car Productions Created with Raphaël 2.1.2Created with Raphaël 2.1.2This restored 1937 Buick Special convertible sedan sold privately for $36,000 after attracting little interest at the spring Toronto collector car auction.Collector Car Productions Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan”center_img But restored Chevy and Ford convertibles from the 1950s and muscle cars from the 1960s, with a few exceptions, are abundant and have been over-valued in the past. The market is flat for these cars, although some very special models will always draw top money.Project vehicles have really taken a hit. It may be a nice vehicle when restored but, if it’s a basket case, un-restored or a work-in-progress collectible, it will be very hard to sell.Collectors are gun-shy – with soaring costs of labour and materials – to rebuild vehicles at a time when standards for restoration have increased substantially. Trending in Canada RELATED TAGSFlexClassic CarsClassic Cars & TrucksNew VehiclesFlex See More Videos COMMENTSSHARE YOUR THOUGHTS These are the 9 classic cars Millennials most want to buyAs someone who has been a keen observer of the hobby for the past four decades, I have never seen a more challenging market for collector vehicles in Canada. They still sell, and many for decent money. But there are fewer buyers, cars stay on the market much longer and some owners have had to be extremely realistic regarding what they will sell their vehicles for.An example is a recently sold 1937 Buick Special four-door convertible. The Ontario owner did a very nice restoration on the classic, which had been completely disassembled and then put back together with rebuilt mechanics, genuine leather upholstery and wide whitewall radial tires.At the spring auction, the bidding didn’t come anywhere near to the owner’s expectations of more than $50,000. Certainly, much more money must have been spent on the car. The rare Buick subsequently sold privately for $36,000 — a very good buy.Created with Raphaël 2.1.2Created with Raphaël 2.1.2This restored 1937 Buick Special convertible sedan sold privately for $36,000 after attracting little interest at the spring Toronto collector car auction. I don’t know if this was a good car or a made-up car from parts of others. But it sure looks like a bargain for some lucky buyer.On the other end of the auction results, an extremely collectible 2006 Ford GT in red brought the auction hammer down at $352,000. And a well-restored and highly optioned dusk rose 1957 Chevrolet Bel Air convertible drew a winning bid of $74,800.I believe these are still bargains, because the above-mentioned top sellers at Canada’s most recognized classic car auction would likely draw the same money at sales south of the border — in U.S. funds. Buyers could earn up to 30 per cent on their money, simply by adjusting the geographical location for the next sale of the car.However, one must factor in transportation, auction fees and other costs. So a big profit isn’t a slam dunk.RELATED Collector Car Productions Classic cars are, believe it or not, much like real estate in major Canadian cities: Asking prices are still high, but sales are much slower than you’d think. The fall auction held mid-October in Toronto by Collector Car Productions shows both strength and weakness in the marketplace.For example, a desirable 1956 Ford Sunliner convertible that looked to be in decent driver-quality condition sold for $17,600 with the 10-per-cent buyer’s fee. A much better restored Sunliner with lots of options and upgrades including modernized power steering and disc brakes was a no-sale at a high bid of $46,000.I have watched similar cars at this same auction sell in past years for up to $85,000. The market is changing. The Ford Sunliner sales tell the story. advertisement Collector Car Productionslast_img read more

Presidential Perspectives: Alan Bookman — 2005-06

first_img As part of a project to document the history of The Florida Bar, the former presidents were asked to comment on the same three questions. In this series, the News will share their answers, some of which were edited or condensed.Q: How would you like to be remembered as a lawyer and a former Bar president?Alan B. Bookman: I would like to be remembered as a good lawyer who practiced with civility and professionalism and one who ably represented his clients. As a former Bar president I would like to be remembered for raising to the forefront of the legislative mind the issue of the lack of civic education in schools and the adoption of the Florida Registered Paralegal Program as set forth in Chapter 20 of the Rules Regulating The Florida Bar by the Florida Supreme Court.Q: How do you think the legal profession has changed over the years? Bookman: I have practiced in Florida since 1975 and have seen a tremendous change in the legal profession during that time. One can no longer be a “general” practitioner because of complexity of the practice and requirement of the clients. Whether or not you are board certified you do have to concentrate in certain areas of practice to the exclusion of others. Additionally, technology has been both good and bad for the practice. When I first started practicing you had time to think about an issue before you responded. Now you are dealing with others on a real-time basis.I am concerned that the practice of law is no longer a profession and is now a business. Too many lawyers are concerned with the bottom line, take shortcuts, and are putting their own self interests above that of their clients. Civility must be restored and the only way to accomplish this is to have the judiciary take a strong proactive approach by sanctioning those lawyers who are not practicing with professionalism nor who are civil.Q: What suggestions do you have for improving the profession or for young lawyers?Bookman: I would suggest that The Florida Bar petition the Florida Supreme Court to mandate that after graduation from law school, and before practice, each lawyer be required to have a one- to two-year internship. The Bar simply cmmot absorb all of the law graduates which results in too many solo practitioners who do not know what they are doing. Presidential Perspectives: Alan Bookman — 2005-06 Mar 15, 2019 Columnslast_img read more

Verizon looks to AOL for mobile video boost — report

first_img Author Tags Previous ArticleHTC quarterly revenue rises for first time since 2011Next ArticleT-Mobile US to trial Ericsson’s unlicensed spectrum tech Amazon reels in MGM Related Tim Ferguson Verizon shuffles executives Verizon Communications has reportedly approached internet firm AOL about a potential acquisition or joint venture, as it looks to boost its mobile video offerings.According to Bloomberg sources, Verizon is mainly interested in AOL’s programmatic advertising technology, which is the automated buying and selling of online ads. This technology could be used in conjunction with future online video offerings.According to the sources, Verizon hasn’t made a formal proposal to AOL with an agreement not imminent.Verizon’s main rival AT&T recently acquired satellite TV provider DirecTV for $48.5 billion. Verizon would therefore be keen to enhance its position in the space.AOL has invested in a range of advertising technology in recent years, the largest of which was the $418 million acquisition in 2013 of, which matches advertisers and video publishers through an exchange.Verizon is currently working to integrate mobile video technology in acquired last year, including OnCue from Intel and the EdgeCast content delivery network.Sources said that any deal to acquire AOL would be hampered by Verizon’s need to pay off debt from buying Vodafone’s 45 per cent stake in Verizon Wireless last year and to stockpile cash to fund spectrum acquisitions.If Verizon was to acquire AOL however, it would also gain a number of online publications, such as The Huffington Post, as well as subscribers to AOL’s internet service business. AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 06 JAN 2015 Verizon sorts sensor supremo Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter… More Read more Home Verizon looks to AOL for mobile video boost — report advertisingAOLmobile videoTechnologyVerizonlast_img read more

Sprint CEO steps aside to focus on merger

first_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 03 MAY 2018 Home Sprint CEO steps aside to focus on merger Telkom Kenya, Airtel clear to restart merger talks Sunrise lanza un smartphone seguro para niños Previous ArticleXiaomi plans $10B IPO, reveals financialsNext ArticleMyRepublic seals MVNO deal with StarHub Sprint chief Marcelo Claure (pictured) will take on a new role at the company, stepping away from his post as CEO by the end of this month to better focus on the operator’s proposed merger with T-Mobile US.Claure will move to a new position as executive chairman at Sprint and COO of parent SoftBank, while former CFO Michel Combes will move up the ranks to become Sprint’s new CEO. Sprint said its search for a new CFO is underway.During an earnings call, Claure said the change will allow him to focus on wooing regulators in Washington to pass the T-Mobile merger deal without compromising Sprint’s day-to-day operations.Though Combes will be at the helm of Sprint’s daily operations, Claure noted he will retain responsibility for delivering Sprint’s operating performance and financial results to SoftBank. Claure added he will also work with SoftBank and others to introduce them to the merged entity and come up with new business models.Claure stressed that while his focus is shifting, he is not leaving the company: “The main reason for effecting this change now is to collaborate with [T-Mobile CEO] John Legere on securing regulatory approval over the next nine to 18 months.”Pressing aheadAs the merger awaits a green light from regulators, Sprint and T-Mobile will continue to operate completely independently, Claure said.But he noted the operators’ work on their respective 5G networks will be compatible: “The fact that they are deploying their 5G network on 600MHz and we are deploying ours on 2.5[GHz] mean this is 100 per cent complementary, and upon merger approval it is quite easy in terms of basically putting these two networks together.”The companies are also planning to separately pursue mmWave spectrum in Federal Communications Commission auctions later this year. But Sprint CTO John Saw said the operator views mmWave spectrum more as an overlay tool to add capacity in congested areas than a band for widespread deployments.In addition to enhancing its network, Sprint is also planning to open “hundreds” of new retail stores in 2018, building on the more than 500 Sprint and 800-plus Boost Mobile locations it added in 2017. The operator didn’t specify where it plans to add stores, but T-Mobile COO Mike Sievert said during a separate earnings call T-Mobile plans to build its own new stores in “rural areas and areas that neither company reaches”.ResultsDuring Sprint’s fiscal fourth quarter (the three month period ended 31 March), net income of $69 million improved from a loss of $283 million in the year-ago period. That uplift came despite a $456 million slide in net revenue year on year to $8.1 billion. Service revenue of $5.6 billion was down $171 million from the same period a year ago, and equipment sales of $1.1 billion dropped $500 million year on year. However, leasing revenue of $1.1 billion was up $294 million from Sprint’s fiscal Q4 2017.The operator posted 55,000 net postpaid phone subscriber gains in the quarter, as well as prepaid net additions of 170,000. Virgin aims to crown UK connectivity with O2 merger Related Author Tags Diana is Mobile World Live’s US Editor, reporting on infrastructure and spectrum rollouts, regulatory issues, and other carrier news from the US market. Diana came to GSMA from her former role as Editor of Wireless Week and CED Magazine, digital-only… Read more Diana Goovaerts Marcelo ClauremergerSprintlast_img read more