wedding

Wedding venue boss facing financial ruin blasts Boris’ ‘devastating’ 3-tier rules and says: ‘We’re on our knees’

A STRUGGLING wedding venue boss whose case was discussed in the Commons has blasted the new three tier Covid rules as “a disaster”.

Mandy Baker-Bird’s fears for her business were raised at Prime Minister’s Questions by Labour leader Sir Keir Starmer.

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Mandy Baker-Bird was left devastated by the government's new three tier lockdown rules

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Mandy Baker-Bird was left devastated by the government’s new three tier lockdown rulesCredit: Richard Rayner
Mandy owns Yorkshire Wedding Barns and fears for her business

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Mandy owns Yorkshire Wedding Barns and fears for her businessCredit: Richard Rayner
The wedding venue boss said there is 'nothing in the new rules' which helps her

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The wedding venue boss said there is ‘nothing in the new rules’ which helps herCredit: Richard Rayner

She was furious when Boris Johnson expressed sympathy but failed to announce any help for the wedding industry.

And she has hit out again now that the new Covid rules have left the sector – worth £14billion to the UK economy – hanging by a thread.

Mandy,

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women

Facing dual challenges of work and home-schooling, more women are sacrificing their careers

As virtual schooling ramps up in some areas, women are being forced to make the choice between caring for their children or prioritizing their own career. This sets up a huge and largely overlooked threat that hangs over women’s participation in the workforce and their recovery from the job losses in the recession.

“So many schools are opening with distance learning, it certainly is a new set of obligations on parents to help their kids move through the day, and we know that women tend to bear the lion’s share of that childcare distance learning work,” said Emily Martin, vice president of education and workplace justice at the National Women’s Law Center.

“As a mom, and I think a lot of women feel this way, we kind of just take it on,” said Gabriela Bradt, a marine biologist and mother of three kids between the ages of four and 11,

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shopping

Ratings Shopping Never Died in CMBS Market Now Facing Crisis

(Bloomberg) — It was considered one of the root causes of the global financial crisis, and regulators have spent over a decade trying to stamp the practice out. Yet Kroll Bond Rating Agency Inc.’s $2 million fine this week shows how in the securitized-debt market, the battle against ratings shopping was never truly won.



a clock on the side of a building: U.S. Securities and Exchange Commission headquarters in Washington, D.C.


© Bloomberg
U.S. Securities and Exchange Commission headquarters in Washington, D.C.

Kroll settled with the U.S. Securities and Exchange Commission over its failure to adhere to credit-rating standards for commercial-mortgage bonds and collateralized loan obligations, just months after rival Morningstar Credit Ratings LLC was hit with an even larger penalty by the regulator.

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The recent fines are fueling concerns that rosy credit grades are masking deeper structural problems with the securities. The risks are particularly acute in the CMBS market, where shutdowns stemming from the coronavirus pandemic have battered revenues for malls, hotels and

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