1 FTSE 100 stock to watch in 2021

first_img The Covid-19 vaccine rollout is under way, and 2021 could be the year when this pandemic comes to an end. Therefore, educational institutions such as schools and universities may soon be reopening, which is excellent news for one FTSE 100 stock that I’m watching. Let’s take a look.A FTSE 100 giant in educationPearson (LSE:PSON) has a pretty interesting history. What started out as a construction company during the industrial revolution has transformed itself into an educational publishing powerhouse.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Today the business provides educational content, assessments, and digital learning services to schools and universities. Anyone who’s ever ordered or used a school textbook has probably had a Pearson product pass through their hands.The stock has recently shifted its strategy to focus more on digital content. In the most recent annual report, 66% of revenue was generated from digital materials, compared to 59% in 2017. But why does this matter?Digital content is much cheaper to distribute and update, thus leading to improved profit margins. A closer look at the financials provides evidence to support this. If exceptional expenses are ignored, the business’s underlying profit margin has been steadily increasing from 8.9% in 2017 to 12.4%.The impact of the pandemicCovid-19 has certainly had a notable impact on the firm. As mentioned, many educational facilities remain closed. Combining this with exams cancellations and general economic pressure on spending, Pearson saw a 10% decline in overall revenue in 2020.However, what’s encouraging is its online learning platform saw an 18% increase in customer spending due to new subscriptions. Whether these subscriptions will be retained once schools and universities open again is yet to be seen. But it has exposed Pearson’s digital products to more institutions, which I believe has accelerated their adoption and could attract additional subscriptions in the future.The FTSE 100 stock is far from risk-freeBecause Pearson operates at the heart of the global education system, institutions often rely heavily on it to deliver learning materials, tests, and assessments. Any delays or disruptions will have a significant impact on the firm’s brand and reputation that could be exploited by competitors.But that’s not the only threat to its reputation. There will always be individuals who try to cheat at school. And in 2019 Pearson’s security was breached. Its Mathematics A-Level exam was leaked shortly before it was to take place nationwide. The firm did fix the flaw in its cybersecurity. But any future breaches will likely give Pearson a reputation for poor security, subsequently leading to a steady decline in market share.The Bottom LineTo me, Pearson looks like it could be in for a long-overdue boost to its business. As educational institutions begin to reopen, the demand for the stock’s products and services could surge. At least that’s what I think.Therefore, Pearson is definitely a stock to watch in my eyes. And if digital content adoption continues to grow, even after the pandemic has ended, then it may become a fantastic addition to my growth portfolio. Zaven Boyrazian | Friday, 26th February, 2021 | More on: PSON Image source: Getty Images Pearson may not be my next investment, but there is another stock that caught my eye. Here is: Enter Your Email Address Zaven Boyrazian does not own shares in Pearson. The Motley Fool UK has recommended Pearson. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. 1 FTSE 100 stock to watch in 2021 Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Get the full details on this £5 stock now – while your report is free. FREE REPORT: Why this £5 stock could be set to surge See all posts by Zaven Boyrazianlast_img read more

Video: David Kilp’s favorite part of Scripture

first_img Director of Administration & Finance Atlanta, GA Rector Bath, NC Rector and Chaplain Eugene, OR Associate Rector Columbus, GA Director of Music Morristown, NJ AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Bishop Diocesan Springfield, IL Video, Rector Albany, NY Rector (FT or PT) Indian River, MI Submit an Event Listing An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Curate (Associate & Priest-in-Charge) Traverse City, MI In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Youth Minister Lorton, VA Family Ministry Coordinator Baton Rouge, LA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Assistant/Associate Rector Washington, DC Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Pittsburgh, PA Submit a Press Release Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Video: David Kilp’s favorite part of Scripture Featured Jobs & Calls New Berrigan Book With Episcopal Roots Cascade Books Assistant/Associate Rector Morristown, NJ EYE14, Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Canon for Family Ministry Jackson, MS Tags Associate Priest for Pastoral Care New York, NY Rector Washington, DC Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET center_img Rector Belleville, IL TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Shreveport, LA Rector/Priest in Charge (PT) Lisbon, ME Rector Hopkinsville, KY Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Assistant/Associate Priest Scottsdale, AZ Curate Diocese of Nebraska Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Press Release Service Priest-in-Charge Lebanon, OH Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Submit a Job Listing By Mary Frances SchjonbergPosted Jul 12, 2014 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group [Episcopal News Service – Villanova, Pennsylvania] Episcopal Youth Event 2104 participant David Kilp from the Diocese of Central Pennsylvania tells why 1 Corinthians 12:24-27 is his favorite Bible verse.— The Rev. Mary Frances Schjonberg is an editor/reporter for the Episcopal News Service. Cathedral Dean Boise, ID Featured Events Rector Tampa, FL Rector Smithfield, NC Rector Martinsville, VA Rector Knoxville, TN Associate Rector for Family Ministries Anchorage, AK Missioner for Disaster Resilience Sacramento, CA Course Director Jerusalem, Israel Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Episcopal Youth Event, Priest Associate or Director of Adult Ministries Greenville, SC This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Youth & Young Adults Rector Collierville, TNlast_img read more

USDA Begins Enrollment Period for CRP

first_img SHARE USDA Begins Enrollment Period for CRP Facebook Twitter SHARE Previous articleClosing CommentsNext articleBiodiesel Board Pleased with EPA Final Rule Gary Truitt The enrollment period for the Federal Conservation Reserve Program opened Tuesday. This month marks the 30th anniversary of the federally funded program and as of September, 24.2 million acres were enrolled in the program. USDA says CRP also is protecting more than 170,000 stream miles with riparian forest and grass buffers, enough to go around the world 7 times.  Agriculture Secretary Tom Vilsack called CRP “one of the most successful conservation programs in the history of the country.” Contracts on 1.64 million acres of CRP are set to expire on September 30th, 2016. Producers with expiring contracts or producers with environmentally sensitive land are encouraged to evaluate their options under CRP. The enrollment period ends February 26th, 2016.USDA encouraged interested farmers to contact their local Farm Service Agency to learn more or go online to fsa dot usda dot gov (www.fsa.usda.gov). By Gary Truitt – Dec 1, 2015 Facebook Twitter Home Indiana Agriculture News USDA Begins Enrollment Period for CRPlast_img read more

Indiana Corn Marketing Council Awards Purdue Students Assistantships

first_img Purdue University graduate student Sarah Mueller is researching ways to increase nitrogen fertilizer efficiency through the timing of nitrogen application. (Photo courtesy of Purdue Agricultural Agronomy)As part of its goal to promote research into the corn industry, the Indiana Corn Marketing Council (ICMC) has awarded two $25,000 assistantships to Purdue University students in the Department of Agronomy. Each year, ICMC awards the funding to two Purdue graduate students, one studying for a master’s degree and one for a doctoral degree. The funding supports an annual stipend and attendance at professional meetings.Sarah Mueller, who is pursuing her doctorate’s degree, has earned the assistantship for a third year. She is continuing her research with Tony Vyn, professor of agronomy. Their research into corn cropping systems focuses on increasing nitrogen fertilizer efficiency through the timing of nitrogen application.“When conducting on-farm experiments, compiling research and analyzing data, I try to keep in mind how this research will impact the end user and the importance of putting the results into the hands of those who will use it,” Mueller said.Jennifer Woodyard, who is pursuing her master’s degree and assists Eileen Kladivko, professor of agronomy, also received a $25,000 assistantship from the Indiana corn checkoff. SHARE Facebook Twitter SHARE By Gary Truitt – Apr 20, 2017 Previous articleAustralia and New Zealand Dairy Leaders Would Support U.S. WTO Action on CanadaNext articleNo Reason to Rush Gary Truittcenter_img Woodyard’s research is specific to soil biology. She is currently examining popular cover crop treatments and their effect on soil health. Working with farmer collaborators, her project area covers 23 sites across Indiana.“I come from a farming family and I understand the importance of research to producers. This award makes it possible to pursue my degree and continue research specific to soil biology and improving crop yield,” Woodyard said.Marshall Martin, senior associate director of agricultural research and assistant dean in the College of Agriculture, is the liaison to the Indiana Corn Marketing Council. “Investment in the education of future research scientists or leaders ensures productivity for corn producers and the industry by providing the latest information and research in genetics, agronomy, disease management, insect management, and improving soil health with cover crops and marketing,” Martin said.“The Indiana corn checkoff provides funding for these assistantships as a way to encourage students to pursue careers in research pertaining to the corn industry,” said David Gottbrath, president of Indiana Corn Marketing Council and a farmer from Pekin. “It is an investment of farmer dollars to ensure we have the best talent working not only to improve corn production practices but also find new uses Indiana Corn Marketing Council Awards Purdue Students Assistantships Facebook Twitter Home Indiana Agriculture News Indiana Corn Marketing Council Awards Purdue Students Assistantshipslast_img read more

Zouheir Makhlouf attacked by members of the political police

first_img RSF_en Help by sharing this information Organisation December 17, 2010 – Updated on January 20, 2016 Zouheir Makhlouf attacked by members of the political policecenter_img News The journalist Zouheir Makhlouf, a correspondent of the Assabilonline (www.assabilonline.net) website and a member of the Progressive Democratic Party (PDP), was attacked by members of the political police outside his home in Tunis as he was about to set off for Sidi Bouzid (265 km south of the capital), where a street vendor, Mohamed Bouazizi, had just set himself on fire in protest against harassment by local officials. The beating left Makhlouf with bruises to the face, arms and legs. last_img read more

La Cañada Presbyterian Parent Education Honors Erskine and Young Families at their Year End Celebration

first_img More Cool Stuff Plaques presented in honor of Cathy and Christopher Erskine and Eileen Young: L to R: Nancy Stoner (former MST member), Anne Bierling (Director), Chris Erskine, Jack Erskine, George Young, Lynne Graves (MST Chair). Photo credit: Dorothy ChenOn Monday, May 6th, LCPC Parent Education Program had its annual Year End Celebration at Ashley Barrett’s home culminating their 40th Anniversary Year! In addition to showing deep gratitude for its 44 team members, the Young and Erskine families were honored for the memorials they donated to LCPC Parent Education over the past year. The evening began with an elegant potluck and then commendations were made by Director, Anne Bierling. Board Chair, Maggie Mason, presented gifts with the theme verse: “The Joy of the Lord is My Strength” (Nehemiah 8:10).The Cathy & Christopher Erskine Compassion Memorial was established in honor of Christopher and Cathy’s generous spirits. To date, the memorial has collected over $20,000 and been used to help individuals and families in need. Cathy Erskine was an inspiring board chair of LCPC Parent Education from 2006-2007 and a faithful member of their Advisory Council (MST). Cathy lost her battle with cancer on November 30th, 2018. Her son, Christopher Michael IV, died in March 2018. On site to accept the plaques honoring Cathy and Christopher were Jack Erskine and Chris Erskine. Donors may still contribute to the Cathy and Christopher Erskine Compassion Memorial by sending checks to LCPC Parent Ed at 626 Foothill Blvd La Canada, CA 91011 (designating the Erskine Memorial).Additionally, memorials from Eileen Young totaling $4,458 were donated to the LCPC Parent Education Founders’ Scholarship Fund to provide partial or full tuition for those participants needing assistance. Eileen, who died in December of 2018, was a beloved LCPC Parent Education teacher assistant for almost 20 years and was named LCPC Parent Education’s 2019 Honorary Shining Star. On site to receive acknowledgements of this honor was her husband, George Young.As LCPC Parent Education winds up its 40th Year, highlights included: hosting approximate 600 parents and children in their 2018-2019 classes, expanding their evening classes through their Parent Express Program, and raising records amounts through fundraising. All this was possible because of community support and their wonderful team of staff, board and MST members. 2018-2019 team members included: Amanda Baughman, Angela Shepherd-Isagholian, Anne Bierling, Ashley Barrett, Ashley Smith, Barbara Stratte, Betsy Farhat, Carol Van Citters, Charlotte Miller, Daniela Kim, Darby Pearson, Debbie Barsom, Dorothy Chen, Heather Ehrhart, Jan Roberts, Jana Van Dyck, Jina Khachik, Judy Lee, Kathy Kovalcik, Katrina Harbers, Katie Enney, Katy Riddell, Lynne Graves, Maggie Mason, Meg Wade, Mikki Weightman, Monica Skeehan, Melanie Frey, Nanette Brown, Paige Dunbar, Paige Thatcher, Paula Giboney, Rebekah Garcia, Sarah Montes, Sloan Walsh, Stephanie Ferguson, Tracy Tobias, and Vicki Rekedal.Registration is now open for fall classes for parents of children ages 0-18. Also 7 new night classes are slated to accommodate those who cannot meet during the day. See website after 8/12/19 for night class offerings. You can read more about our classes, instructors and schedule on our website: www.lacanadapc.org/parented. Scholarships and payment plans available online. 41 recommendedShareShareTweetSharePin it EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Make a comment Community News HerbeautyKim To File For Divorce From Kanye West After 6 Years Of MarriageHerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyHow To Lose Weight & Burn Fat While You SleepHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeautyThink Outside The Ordinary: 9 Gifts That Do All The Talking!HerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeauty Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes First Heatwave Expected Next Week Subscribecenter_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Top of the News Faith & Youth La Cañada Presbyterian Parent Education Honors Erskine and Young Families at their Year End Celebration By AMANDA BAUGHMAN Published on Friday, July 5, 2019 | 10:55 am Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Name (required)  Mail (required) (not be published)  Website  Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.last_img read more

Donegal IFA to meet on Saturday to discuss wages and pensions controversy

first_img Further drop in people receiving PUP in Donegal 365 additional cases of Covid-19 in Republic Homepage BannerNews 75 positive cases of Covid confirmed in North RELATED ARTICLESMORE FROM AUTHOR Main Evening News, Sport and Obituaries Tuesday May 25th Google+ Facebook Twitter Pinterest Twitter Pinterestcenter_img Gardai continue to investigate Kilmacrennan fire Google+ Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApp WhatsApp Donegal IFA to meet on Saturday to discuss wages and pensions controversy An emergency meeting of the Donegal IFA has been called for Saturday night to discuss the controversy over wages and pensions.Association President Eddie Downey resigned last night after it emerged that he personally had approved a €2 million pension package for former General Secretary Pat Smith, who stood down at the beginning of the week after it emerged he was being paid over €400,000 a year.Donegal IFA Chair Michael Chance says Saturday’s meeting is a very important one………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/11/chanceIFAmeeting.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook By admin – November 26, 2015 Previous articleGarda launch biggest ever drink driving crack downNext articleSports Book of the Year for Jim McGuinness admin last_img read more

Serious questions raised over booklet on Fanad water supply

first_img FT Report: Derry City 2 St Pats 2 Google+ RELATED ARTICLESMORE FROM AUTHOR Facebook DL Debate – 24/05/21 Previous articleHopes dashed further for Casey to run as FF candidateNext article572 people awaiting admission to LUH in worst October on record News Highland Pinterest AudioHomepage BannerNews WhatsApp WhatsApp Derry draw with Pats: Higgins & Thomson Reaction Journey home will be easier – Paul Hegarty center_img Pinterest Twitter Serious concern has been raised over a booklet issued by Irish Water to residents in Fanad with claims that it contains some inaccurate information about the supply catering to the area. Homes and businesses received a booklet by post in recent days stating the supply from Lough Salt was being treated for cryptosporidium.However, Cllr Liam Blaney has moved to suggest that the water on the peninsula does not come from this source and believes that the utility has issues false information.He’s demanding urgent clarity on the matter:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/10/blanejkhjkhjky1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter Facebook Google+ Harps come back to win in Waterford Serious questions raised over booklet on Fanad water supply By News Highland – October 31, 2018 News, Sport and Obituaries on Monday May 24thlast_img read more

Troubled economy takes toll at table

first_img Troy falls to No. 13 Clemson Pike County Sheriff’s Office offering community child ID kits By The Penny Hoarder Sponsored Content Benjamin Franklin said that those who buy things they have no real need for will soon be selling their necessities.Although, that has not been the wholesale effect of a troubled economy, many people are fearing Franklin’s words could ring true, said Parico Osby, Troy-based regional Extension agent.“These days, people are more focused on buying what they have to have instead of what they want,” Osby said. “And, this could be a permanent change for us because the standard of living has been predicted to decline over the next 20 years.” Because everybody has to eat, the declining economy is impacting every family in America right now.“The escalating costs of products like chicken, fresh strawberries and beans is paving the way to the frozen and canned food aisle,” Osby said. “Frozen and canned foods are more affordable so shoppers are passing the fresh food aisles and heading straight for what they can afford rather than what they would rather have.”Osby said Spam is a big seller and more ways are being found to prepare it that “Carter has Little Liver Pills.” Remember America’s heroes on Memorial Day The “choice” frozen foods don’t include prepared foods as more people are cooking from scratch.“However, when cooking from scratch, frozen vegetables, fruits and meats are substituted for fresh products,” Osby said.In the last year, sales of frozen pizza and frozen dinners and entrees dropped while frozen vegetables and poultry jumped.“Buying smaller quantities of foods that we just can’t do without is also a way of coping,” Osby said. “A quart of ice cream instead of a half gallon will stop the craving and cost a lot less.”One disturbing finding in the IRI survey was that healthy products are more expensive and will be shunned in favor or cheaper products with less health value. Email the author Published 10:00 pm Monday, October 20, 2008 Skip Plans underway for historic Pike County celebration Latest Stories Book Nook to reopen By Jaine Treadwell You Might Like Troy landfill nears capacity The Troy city landfill is nearly full and will likely be closed to public use by the end of the… read more And, surprisingly, home-cooked meals that are actually cooked “at home” are gaining in popularity.“The Food Marketing Institute recently reported that 83 percent of consumers are eating home-cooked meals at home at least three times a week,” Osby said. “An increasing number of consumers have said that, over the last six months, they have cut back on spending because of the economy’s woes.”Osby said people are eating out less and stocking up on store or generic brands more often.“Many are giving up convenience and premium items for cheaper alternatives, as well as casing multiple stores for sale items,” she said. “Information Resources, Inc. uses sales receipts of consumer products as a measuring stick. According to their information, shoppers are forgoing fresh fruits and vegetables in favor of frozen varieties because they are cheaper.” Print Article The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Troubled economy takes toll at table Around the WebMd: Do This Immediately if You Have Acid Reflux (Watch Now)Healthy LifestyleIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthRemember Them? I’m Sure Their New Net Worth Will Leave You SpeechlessbradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

City high-flier loses bias case

first_imgCity high-flier loses bias caseOn 1 Feb 2000 in Personnel Today The government’s attempt to foster a more family-friendly working culturehas suffered a setback after a tribunal ruled against a City director who saysshe was made redundant because she asked for more flexible workingarrangements. Aisling Sykes, formerly vice-president of the Transaction Execution Group atthe capital markets division of JP Morgan, claimed her employer directlydiscriminated against her when it dismissed her while she was pregnant. Shealso claimed indirect discrimination for the employer’s failure to comply withher request for a three-day week so she could see her children more. The tribunal ruled she had been unfairly dismissed but had not suffereddiscrimination. It said the requirement to work full time was one the applicantcould in practice comply with and was “wholly justifiable in thecircumstances.” The decision is likely to limit drastically the amount of compensation Sykescan expect to receive because of the £50,000 cap on unfair dismissal awards. Christine O’Brien, head of Baker & McKenzie’s employment departmentwhich represented the employer, said the decision was “grounded in commonsense. The essence of the decision is that if working mothers accept positionsin demanding jobs for substantial salaries, it should not constitute sexdiscrimination if the office hours necessarily associated with their positionprevent them from spending as much time at home as they might wish.” But senior employment lawyer at Mishcon de Reya Joanna Blackburn said the casesent out the “unfortunate message that if you are paid a hefty salary youcan be worked as hard as an employer likes. This is not a good thing for womenor for anyone.” In another case last month a banker won her sex discrimination case againsther former employer Deutsche Bank. Comments are closed. Previous Article Next Article Related posts:No related photos.last_img read more