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Top related persons:
Lucas Da Silva - 1 Da Silva - 1 — - 1 I've - 1 I'm - 1 they'd - 1 Hannah McKay - 1 Martyn Beauchamp - 1
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London Bishopsgate Paul's Cathedral Britain
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2 mentions found


☆ I clean the windows on a 740-foot skyscraper. The first time, I felt like I was going to die, but now it's freeing.
  + stars: | 2023-11-28 | by ( Emma Magnus | ) www.businessinsider.com   time to read: +6 min
It takes the team six months to clean the entire building, and then they immediately start again. AdvertisementThis as-told-to essay is based on a conversation with Lucas Da Silva, a vertical site supervisor for the Leadenhall Building in London. The first time I went up the Leadenhall Building — which is 224.5 meters tall, or about 738 feet — I felt like I was going to die. AdvertisementIt takes 6 months to clean the whole building — and then you immediately start againIt takes about six months to clean the whole building. You never get used to the risks of working that high upDa Silva admires the view from the top floors of Leadenhall Building.
Persons: Lucas Da Silva, Da Silva, —, I've, I'm, they'd Organizations: Service, Lucas Da Silva Health, London Locations: London, Paul's Cathedral, Bishopsgate
☆ UK finance firms face $510 million levy to fund 2024/25 compensation claims
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Hannah McKay/File Photo Acquire Licensing RightsLONDON, Nov 9 (Reuters) - Britain's Financial Services Compensation Scheme (FSCS) has forecast imposing a levy of 415 million pounds ($510 million) against UK financial firms to fund 2024/25 claims for redress from customers suffering poor advice and insurance provider failures. This indicative figure is higher than for 2023/24, primarily due to larger surpluses that were carried over from the 2022/23 financial year which reduced the 2023/24 levy to 270 million pounds, the FSCS said. The levy is likely to include cover on self-invested personal pension (SIPP) operator failure claims and pay-outs for insurance firm failures that occurred in previous financial years, it added. "FSCS directly contributes to trust and stability in our financial services system and makes a genuine difference to consumers' lives," Martyn Beauchamp, Interim Chief Executive of FSCS said in a statement. Most of our compensation continues to be paid out for poor financial advice and for legacy insurance provider failures - both of which include some of the most complex defaults and claims we handle," he added.
Persons: Hannah McKay, Martyn Beauchamp, FSCS, Sinead Cruise, Simon Jessop Organizations: REUTERS, Britain's, Interim, Thomson Locations: Bishopsgate, London, Britain
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