Got to have somewhere to deposit it. So the rules that were announcing also cover the ability of businesses to deposit cash in a location thats convenient to them. But convenience is a difficultjudgment. To maintain the current provision of free access to cash, for now, the new rules will state that people should have to travel no more than a mile in urban areas to withdraw or deposit cash. In rural areas, the distance has been set at three miles. Theres going to be situations where people are very reliant on Public Transport and if theres bad Public Transport in an area, then three miles might seem like a hike to the himalayas. Whats important is that this recognises that the banks have a duty to protect their customers and to make sure that those who still rely on cash, which is so many of us, continue to be able to access it. If they fail in that duty, banks could be fined by the city watchdog. But Bank Branches are closing at a rate of more than 50 a month. So, the answer may be Ba
And when parties have to report it. This is one of the many problems that we have in our system. It appears to be born out of historical reasons rather than anything else. We do have, for what is supposed to be a very transparent system, quite a complicated one in which there are various different registers updated at various different points. The electoral commissions register is only updated every quarter and i think this story has sort of renewed questions about whether thats really appropriate in this day and age when websites can be updated at the drop of a hat. That was the conservative Party Response so far when it came to frank hester s donations, that they have reported everything that needed to be reported in the public sphere. You have looked into this closely, could you tell us how big a donor frank hester is, how important he is to the tory partys treasure chest, essentially . Sure, i would say first of all, for many people, even political obsessives and conservative figur
Where it faces an uncertain future. Majority leader Chuck Schumer has been noncommittal about whether hell bring it up for a vote. Some senators have already vowed to vote against it. It does move to the senate, President Biden has said he will sign it. Proponents have argued that tiktok is a Security Threat and the 170 million us users. Are still vulnerable to data theft. The riori vulnerable to data theft. The priority is vulnerable to data theft. The priority is National Vulnerable to data theft. Tue priority is national security. Thats what the primary issue is. There are trade offs. Former President Trump used a vac this idea, but this week, change his tune, tiktok poses security and privacy concerns, banning the app would be of boom for facebook with that, and national security, free speech and youth issue also becomes a campaign issue. Protesters took to capitol hill in support of tiktok. Do you have any concerns about china tapping into peoples phones or Security Risks . Securi
Bankruptcy protection in the us under chapter 15 which governs Foreign Companies in the us, protecting them from creditors that might want to sue them. You have probably heard of chapter 11. That typically governs American Companies but it is chapter 15. According to Court Filings these negotiations are ongoing in hong kong, canaanite and British Virgin islands. We have reached out to evergrande that have not had conversation. To those who have wondered if they have ever thought of evergrande before it is chinas huge property giant. They have about 1300 projects across 280 different cities in china and they invest in everything, not just property. They have an electric vehicle maker and a football club, but as i mentioned, 2021 was when we saw the Company Default on its debts, sending shockwaves across the Global Financial system and triggering a string of defaults from builders who owed money to evergrande or expected them to complete some contracts. We have seen 40 or the companies t