Management

Hong Kong’s bull market leaves China behind

时间:2010-12-5 17:23:32  作者:Management   来源:Explainers  查看:  评论:0
内容摘要:When approached by BBC News about this case, Revolut gave a different answer.

When approached by BBC News about this case, Revolut gave a different answer.

Rhian Moore, chief volunteer for Wales, said: "These simple overnight experiences offered to young people as part of scouting, are often children's first experience of staying away from home within their local community."This crucial developmental milestone could be jeopardised by these additional costs."

Hong Kong’s bull market leaves China behind

Gareth Davies, manager of the Arete Outdoor Centre in Llanrug, Gwynedd, said many visitors are children from disadvantaged backgrounds - for whom even a rise of a few pounds could make a difference.The centre already runs a charity, which last month paid for 10 children from low-income families to enjoy a week-long stay.Mr Davies said: "We're going to be faced with around an £8,500 bill for the whole year, that either we have to suck up ourselves, or we've got to pass on to the parents of these pupils, who are already struggling.

Hong Kong’s bull market leaves China behind

"So it's certainly going to have an impact on our numbers."The centre charges between £290 and £330 for a week-long residential, during which children try activities including climbing, hiking and kayaking.

Hong Kong’s bull market leaves China behind

A seven-night stay would add £5.25 per child.

Mr Davies called for outdoor residential centres to be exempt from the levy, and said: "My biggest fear is pupils not coming because of this increase in price, and therefore missing out on the essential educational learning that we offer."However, director of finance Fiona Greenway, reported there had been an increase to savings targets for the 2025-26 financial year, which "only makes the challenge more difficult".

She also urged the authority to be cautious over a £220.8m forecast deficit in the current year since "there has been a historic tendency for the financial position to deteriorate" during the year.For this reason, the council should tightly monitor all spending over the remainder of the year, and look further at adult and children's care, homelessness and street-scene improvements, she wrote.

The finance director recommended care packages over a certain weekly cost should be reviewed and approved by a more senior member of staff, for instance, and top suppliers' contracts be negotiated down.To correct the projection, "an additional £11.982m of savings opportunities are being accelerated" from 2025-26 into the current financial year, the report stated.

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