Latest news with #RRC


Daily Mirror
3 days ago
- Business
- Daily Mirror
Dad, 44, makes passionate plea after being victim to 'greed over humanity'
Nearly a third of private renters - an estimated 3.8 million people - struggle to afford essentials like groceries - read dad Trevor Twohig's renting story below Nearly a third of private renters - an estimated 3.8 million people - "always" or "often" struggle to afford essentials like groceries due to the amount they spend on rent, grim polling shows. Almost one in 10 have sold or pawned personal items to be able to afford rent, according to the survey by the Renters' Reform Coalition (RRC). More than half - 53% - of renters said they 'always' or 'often' don't have any money left for savings due to the amount they spent on rent. Average rents have risen by 31% in the last five years, according to recent analysis by the Joseph Rowntree Foundation. An amendment to the Renters' Rights Bill, which is passing through the House of Lords, calls for a review of rent affordability in England after the bill has been passed. The change, which received cross party support at committee stage, is likely to be brought to a vote in the bill's upcoming Report Stage. Baroness Grender, the Lib Dem peer who tabled the amendment, said: 'Renters are often paying unreasonably high prices for homes that fail to meet basic standards. That's why I've put forward an amendment to help make renting more affordable and fair. A caring society starts with a stable home, and we should demand nothing less." Tom Darling, director at the RRC, said: "The cost of rent is out of control - it is just unacceptable that today nearly a third of tenants are struggling just to afford basic necessities like groceries. The Renters' Rights Bill is long overdue, and has a lot to recommend it, but it has very little to say about this affordability crisis.' A Government spokesman said: 'These findings are concerning. We want to create a fairer housing market and that's why our Renters' Rights Bill will empower tenants to challenge excessive rent hikes and stop landlords from demanding large amounts of rent in advance. 'We are also putting more money in people's pockets by protecting payslips from higher taxes, freezing fuel duty and increasing the minimum wage to deliver pay rises of up to £1,400 a year for millions of low-income workers.' Under the bill, landlords will only be able to increase rents once per year to the market rate and tenants will be able to challenge unreasonable rent increases through the first-tier tribunal. ::: More in Common surveyed 1,076 private renters between April 25 and May 5 for RRC. 'Landlords are acting with greed rather than humanity' Trevor Twohig, 44, who lives with his wife and three kids, has accused landlords of acting with 'greed rather than humanity'. He said he struggles to save up cash for his family and said it was 'ridiculous' renters' lives are at 'the mercy of landlords'. Trevor, who recently set up a neurodiversity coaching company, said his family were recently evicted from their home in Ashford, Kent, despite having lived there for four years and being 'great tenants'. Their landlord told Trevor and his wife Tnaesha that he was going to sell the house in November and they had to leave within two months. But Trevor said it was a lie and that the landlord actually hiked the rent by £700. 'He ended up renting it to town people from London for £2,200 per calendar month which highlights the emphasis on greed rather than humanity,' he said. The family now live in a 'less desirable' area in a £1,500 per month bungalow in Ashford, where his kids have to share one room. Asked if he struggles to save due to high rent prices, Trevor said: 'Yeah, I think so. I think that for everyone at the moment, it's very, very difficult. 'Unfortunately, it seems that as soon as there are a lack of properties in an area, the price rockets up, and that, to me, is unethical. And that prevents people who want to purchase property in this country from being able to save up the money that they need to. 'I do think, absolutely, saving has become a thing of the past for a lot of people, because, yeah, the cost of living, but in particular, the cost of renting and buying is, quite frankly, a bit absurd at the moment.' Trevor called for better regulation around how much landlords can charge for rent. 'Fundamentally, I think we need renters to be treated with the same respect as homeowners,' he said. 'I just feel at the moment that if you are a renter, you are fundamentally a second-class citizen.'


The Hindu
26-05-2025
- Science
- The Hindu
CSIR IICT ex-chief scientist awarded Raja Ramanna Chair (RRC)
Former chief scientist at CSIR-Indian Institute of Chemical Technology (IICT) Manorama Sunkara Vardhireddy has been awarded the Raja Ramanna Chair (RRC) by the Department of Atomic Energy as a testament to her decades-long contributions to materials science and impactful research in chemical sensors and nanostructured materials. The tenure of this position is three years and she will join CSIR-IICT. Ms. Vardhireddy, with a foundational background in physics from Savitribai Phule Pune University, began her research journey in materials science, eventually becoming a pioneering figure in chemical sensors. She played a key role in developing sensors for detection of toxic and explosive gases, such as a low-temperature H₂S sensor for use in nuclear reactors, a room-temperature hydrogen sensor (recognised as breakthrough research by Ames Laboratory, USA), and a carbon monoxide sensor to prevent poisoning in oxygen-deficient environments encountered by defense personnel, said a press release.
Yahoo
14-05-2025
- Politics
- Yahoo
Tampa Racial Reconciliation Committee seeks more support from city to help Black community
TAMPA, Fla. (WFLA) — The City of Tampa's Racial Reconciliation Committee (RRC) is working to address disparities in Tampa's Black community. The committee sent an editorial out on April 30 accusing the city of wasting time and a lack of engagement, responsiveness, and commitment to their work. 'That betterment and progress cannot happen without collaboration and that collaboration involves the city leaders who appointed, supported, and endorsed this committee's work. It's time to get to work… Anything else is simply… a waste of time,' said members of the RRC in the editorial. After 8-month ordeal with FEMA, Ruskin couple receives flood insurance payout During a meeting Tuesday, they reviewed their recommendations for the policy areas, which sparked heated comments about what's been done so far. 'We need to come up with something beyond policies. Black communities need reassurance. It's not up there. I don't feel it,' said one committee member. 'The city has (a) $1.9 billion budget — I'd like to recommend the Black community get 25% so we can start taking care of some of our issues.' They are focusing on five areas: economic development, opportunities for youth, ignored history, returning citizens, and affordable housing. Allison Hewitt is a third generation Tampa resident and economic development specialist who spoke at the meeting. 'Right now, I am firmly convinced that between the city council and the mayor, we are going to gentrify the core of African American history in east Tampa,' Hewitt said. 'How do we put services there to negate those hotspots, to negate those youth opportunities rather than be arrested and they can't have a job because they've become returning citizens.' She gave the committee questions she felt they should ask the city to get the appropriate data in order to develop and strengthen their recommendations. The committee said they've already sent in questions, and in return, they claim the city isn't giving them the support or resources they need to do the job. The city had staff at the meeting Tuesday night. 'The mayor did approve to supply logistics and has opened her arms to any data. We expected to see motions towards that data,' said Mayor Jane Castor's Chief of Staff John Bennett. But the committee argued some of the data they received was uninterpreted, leaving them making recommendations in the dark. 'If your staff had a hard time with data, imagine how it was for us,' said a committee member. 'Let's see what we can do to get it done. We need to find a way to close the gap. We don't want this to be a missed opportunity. We do need measurable outcomes. But it begins with making sure we have alignment,' Bennett said. Shortly after speaking, some of the city staff left the meeting, which did not sit well with some of the RRC members. 'It seems disingenuous, and it feels insulting,' said Christopher Harris, a committee member. The RRC said they need clarity on the data to support and develop their recommendations. They motioned to have more meetings to get the data and hopefully finalize their plan. The city sent this statement before the meeting: 'The administration was clear from the start that we would provide any resources, records, staff, and information that the council requested, and we have. We have provided funding for a facilitator, we have offered subject matter experts, and so on. The committee recently asked the administration to complete a service gap analysis that seemed to be the very purpose and reason for the creation of the committee. Completing a gap analysis and making policy recommendations to the administration is more appropriate for the community and committee to do than the administration, but we are very happy to assist.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


The Hindu
30-04-2025
- General
- The Hindu
Andhra Pradesh Governor express grief over death of seven devotees in wall collapse incident in Simhachalam temple
Andhra Pradesh Governor S. Abdul Nazeer expressed profound grief over the wall collapse incident during Chandanotsavam in Sri Varaha Lakshmi Narasimha Swamy Devastanam, at Simhachalam, in which seven devotees were killed and many suffered injuries in the early hours on Wednesday (April 29, 2025.) Mr. Abdul Nazeer conveyed his heartfelt condolences to the bereaved families, and directed the Visakhapatnam district officials to provide better medical aid to the injured. NDRF operation Meanwhile, the Regional Response Centre (RRC) of the National Disaster Response Force (NDRF) has conducted Collapsed Structure Search and Rescue (CSSR) at the spot where the wall has collapsed in Simhachalam temple, said NDRF 10th Battalion Commandant V.V.N. Prasanna Kumar. 'The RRC headed by Inspector Eshwara Rao has taken up CSSR operation to search for the injured, if any, trapped under the debris,' Mr. Prasanna Kumar told The Hindu. 'Instructions have been give to the NDRF personnel to coordinate with the district administration, the State Disaster Response Force (SDRF) and the Fire Services Department officers in taking up the search and rescue operations,' the Commandant added.
Yahoo
24-04-2025
- Business
- Yahoo
Is Range Resources (RRC) the Top Oil & Gas E&P Stock Outperforming Despite Sinking Oil Prices?
We recently published a list of . In this article, we are going to take a look at where Range Resources Corporation (NYSE:RRC) stands against other top oil & gas E&P stocks outperforming despite sinking oil prices. Oil prices have crashed by as much as 8.5% since the start of this month as Donald Trump reignites the tariff war. At one point, it was down as much as 18%! The broader market, as well as investors, have come to terms with a harsh reality: the tariffs are here to stay! Inflation resulting from these tariffs threatens to send the country's economy into recession, and global oil demand is reacting accordingly. The oil prices continue to tumble, threatening the future of some of the major oil producers of the world. Amid this uncertain environment, some oil and gas stocks are outperforming the market. We decided to take a look at these stocks to find gems that can help retail investors outperform the market in these tough times. To come up with our list of the top 10 oil & gas stocks outperforming despite sinking oil prices, we looked at the oil & gas exploration and production industry, considering only the stocks with a market cap between $2 billion and $10 billion. Aerial view of a oil rig in the middle of an ocean, with a bright orange sunrise in the background. Range Resources Corporation (NYSE:RRC) is an independent natural gas liquids (NGLs), natural gas, and oil company. It explores, develops, and acquires oil and natural gas properties in the Appalachian region. The firm supplies natural gas to industrial users, marketing and midstream companies, and utilities. The stock is up over 5% in pre-market trading. Last month, J.P. Morgan upgraded Range Resources (NYSE:RRC) from Underweight to Neutral, boosting the price target from $43 to $45. Arun Jayaram said that the upgrade was based on the growth potential and attractive valuation. The analyst believes that the company's decision to pursue moderate growth in 2026-2027 is strategic, utilizing its financial position, strong inventory, and recent transportation investments. In the last quarter of 2024, Range Resources (NYSE:RRC) was not able to meet the Wall Street revenue estimates. However, operational efficiency saw considerable improvement, resulting in better translation of revenue into profits. The company is known for maximizing shareholder returns, and continuing that tradition, it paid $77 million in dividends and bought back shares worth $65 million. CEO Dennis Degner was optimistic about the company's future, expressing his sentiments by saying: 'We fully expect that there's going to be, we'll just say, power demand conversations and AI and data center-type growth opportunities.' Overall, RRC ranks 8th on our list of top oil & gas E&P stocks outperforming despite sinking oil prices. While we acknowledge the potential of RRC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than RCC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio