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Agent legal definition

Budget 2021: Contactless payment limit to increase to £100, Chancellor Rishi Sunak announces ahead of announcement

· March 3, 2021 ·

The legal limit for contactless payments will more than double, Chancellor Rishi Sunak will confirm in today's budget. The limit for a single contactless payment will rise from £45 to £100 as part of Mr Sunak's plans to boost businesses as the UK recovers from the COVID crisis. You can watch and follow the budget live with special coverage and analysis from 12.30pm "As we begin to open the UK economy and people return to the high street, the contactless limit increase will make it easier than ever before for people to pay for their shopping, providing a welcome boost to retail that will protect jobs and drive growth," the chancellor said. The move comes despite fears of a growing fraud risk from the increased use of contactless payments. Advertisement On Tuesday, Sky News reported that some of Britain's biggest banks were urging the government and regulators to stagger the hike from the current limit of £45 and to curb the number of times … [Read more...] about Budget 2021: Contactless payment limit to increase to £100, Chancellor Rishi Sunak announces ahead of announcement

Germany’s special forces look the other way on missing weapons

· January 2, 2021 ·

Brigadier General Markus Kreitmayr came up with an unlikely option early last year. The head of the KSK, a German special forces unit, told his troops they could return any weapons and munitions they had made off with — anonymously and without fear of consequences. It had already become known that a large number of weapons had gone missing. Less clear was whether that was due to an inventory error or if KSK members had intentionally taken them, which would be a criminal offense. Kreitmayr's offer was well received. At least 25,000 rounds of ammunition were anonymously returned between March and May 2020, according to the Bundestag's Defense Committee, which was only recently informed about the initiative. Hand grenades were among the returned arms. The missing weapons went unmentioned in a preliminary report on KSK reform, presented by General Eberhard Zorn KSK and far-right extremism The KSK, based in south-western Germany, has been under close watch since incidents … [Read more...] about Germany’s special forces look the other way on missing weapons

Fears Covid restrictions could go on beyond June as furlough extended to September

· March 3, 2021 ·

Fresh fears have been raised that Covid restrictions could go on beyond June after furlough was extended to the end of September. The Job Retention Scheme will pay 80% of workers' wages until September 30, with firms expected to contribute more from July. That is despite the fact Chancellor Rishi Sunak said Budget support - announced at 12.30pm today - would "align" with the roadmap. Boris Johnson's path out of lockdown restrictions says all legal restrictions could be lifted from June 21 at the earliest. But the Prime Minister has made clear that is the earliest possible date and could be pushed back if England fails four key tests. Those include the emergence of a concerning variant like the P.1 Brazil strain, six cases of which have been found in the UK. Government sources told the Mirror the support package needed to have an "imperfect relationship" with the roadmap because so much was unknown. And speaking to Playbook, sources admitted the Chancellor needs to … [Read more...] about Fears Covid restrictions could go on beyond June as furlough extended to September

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