Mike Ashley’s Frasers Group urges investors to back employee bonus scheme October 7, 2020 Mike Ashley’s Frasers Group has urged shareholders to back an employee bonus scheme, which would require the retailer’s share price to triple before workers receive a payout. Ahead of this morning’s annual general meeting, the firm, which has come under fire recently over reports that staff were asked to work while on furlough, called on [...]
Bill Gates issues warning over spread of ‘titillating untruths’ on social media October 6, 2020 Bill Gates today took aim at social media platforms for allowing the spread of misinformation relating to the coronavirus pandemic. The business mogul said the Covid-19 crisis had highlighted the “urgent” need to crack down misleading and false information online, which he said spread “so much faster than the truth”. “There’s certainly a human weakness [...]
Mike Ashley faces shareholder showdown over re-election as Frasers boss October 6, 2020 Mike Ashley is facing a shareholders revolt at the Frasers Group annual general meeting tomorrow, following claims that employees were forced to work while furloughed during the coronavirus lockdown. Shareholder advisory service Pirc has recommended that investors oppose Ashley’s re-election as chief executive of the retail group, which was formerly known as Sports Direct. The [...]
Church of England ‘failed to protect children from sexual predators’, report finds October 6, 2020 The Church of England failed to protect children and young people from sexual predators within their ranks, according to an inquiry report published today. Almost 400 clergy members or people in positions of trust associated with the Church were convicted of sexual offences against children from the 1940s to 2018, a much-anticipated Independent Inquiry into [...]
In full: PM Boris Johnson’s Tory conference speech in full October 6, 2020 Boris Johnson took the stage Tuesday for the Tories’ virtual party conference, announcing policies on 1:1 teaching and low-deposit mortgages, but also promising to unleash the private sector. Here’s the text in full. Good morning conference, I want to begin by thanking you for everything you did at the election, pounding the streets in the [...]
Boris Johnson reveals plans to cut deposits in bid to boost home ownership October 6, 2020 The Prime Minister has announced plans to help millions of Britons onto the housing ladder by allowing home-hunters to buy a property with a smaller deposit. Speaking at the Conservative Party conference today Boris Johnson said he wants to turn “generation rent” into “generation buy” by reforming the UK’s planning system. The government is planning [...]
The first presidential debate portends the coming train wreck for American democracy October 5, 2020 The great playwright, George Bernard Shaw, perfectly summed up the dynamic underlying the shambolic first US presidential debate: “Never wrestle with pigs. You both get muddy but the pig likes it.” Instead, the just-concluded first presidential debate between Donald Trump and Joe Biden — surely the ugliest in the nation’s history — saw both its [...]
Why a second lockdown could turn the lights out on the UK economy October 5, 2020 We have reached a crucial flexion point in the fight against Covid-19, and with this comes new, tighter rules to curb a possible second wave. There is now rising concern that a second wave may result in a second national lockdown, and businesses are urgently seeking reassurance from the government that they will be able [...]
Trump could be discharged tomorrow despite drop in oxygen levels during Covid fight October 4, 2020 President Donald Trump has released a personal video from his hospital room saying he os doing well, but the real test will be in the coming days.
Coronavirus: Boris Johnson says it’ll be a bumpy road until Christmas, as new Covid-19 cases top 10,000 October 4, 2020 Prime Minister Boris Johnson this morning said it’ll “be bumpy until Christmas” dealing with the coronavirus outbreak. The PM told the BBC the government was taking a “balanced” approach between saving lives and protecting the economy. “The best thing we can do now for all those who have suffered in the course of this pandemic [...]