The changing face of match-fixing and why integrity mustn’t be allowed to suffer as Covid-19 squeezes budgets February 19, 2021 As sports events continue to take place in unfamiliar surroundings, the integrity of competitions has been thrust into the spotlight as match-fixing grows and evolves. The global pandemic has created many new challenges to the sporting world, none more significant than the way in which criminals have been able to intensify their operations and become [...]
Barclays pay pot for top execs swells to £1.6bn despite profit plunge but Jes Staley takes £2m pay cut February 19, 2021 Barclays pay pot for top execs swells to £1.6bn despite profit plunge but Jes Staley takes £2m pay cut
Plans for grand new building axed in favour of ‘major overhaul’ of Barbican estate February 19, 2021 Plans for the pyramid-shaped Centre for Music have been scrapped and replaced with plans for a “major renewal” of the nearby Barbican estate. The elaborate concert hall was planned as the new home for the London Symphony Orchestra, but the City of London Corporate has now axed the idea in favour of a revamp of [...]
Firms who have weathered the Covid-19 storm should get back in touch with the green agenda February 19, 2021 In recent years, sustainability has moved on from a corporate buzzword to become a measurable component of any business that wants to be successful in the 21st century. The Triple Bottom Line—Profit, People and Planet—has evolved from a 1994 call to action by John Elkington, founder of the British consultancy SustainAbility, to a solid business [...]
Review into Hong Kong’s only independent broadcaster sparks media freedom concerns February 19, 2021 A Hong Kong government review launched today into the city’s only independent broadcaster has sparked concerns over media freedoms in the region. The publicly funded outlet Radio Television Hong Kong (RTHK) was found to have editorial management “deficiencies” and inadequate transparency of complaints following an unprecedented government-led review. Founded in 1928, the broadcaster is the [...]
Sterling hits $1.40 for the first time in nearly three years February 19, 2021 Sterling hit $1.40 against the dollar for the first time in nearly three years this morning on vaccine optimism and better than expected PMI readings. The UK’s PMI reading during the third lockdown showed the downturn was less severe than anticipated, pushing cable above the $1.40 mark for the first time in 34 months. “Although [...]
Bitcoin soars to new high as market cap edges closer to $1 trillion February 19, 2021 Bitcoin has jumped another 2.6 per cent today, to an all-time high of $52,932, putting it within touching distance of a market cap of £1 trillion. The world’s most popular cryptocurrency is on track for a weekly jump of more than eight per cent, having surged around 60 per cent so far this month. Bitcoin’s [...]
Government ‘acted unlawfully’ by failing to disclose Covid contract details, court rules February 19, 2021 The High Court has ruled that the government acted unlawfully by failing to disclosed details of its Covid contracts. “The Secretary of State acted unlawfully by failing to comply with the Transparency Policy” Judge Chamberlain concluded in his judgment this afternoon. He added “there is now no dispute that, in a substantial number of cases, [...]
Bamboo briefs and kelp knickers: are your pants eco-friendly? February 19, 2021 The latest front in the war against environmental decline is happening inside your pants, with the arrival of bamboo briefs and kelp knickers. London’s Alexander Clementine has launched a collection of ecologically-conscious bras undies made from seaweed. The garments are handmade in London and virtually all waste created during manufacturing is reused or recycled. “We [...]
Renault tumbles to €8bn loss and warns over chip shortage February 19, 2021 Renault this morning fell to a record €8bn (£6.9bn) full year loss as the coronavirus battered the car industry. And the French auto giant said that the pain could continue in 2021, with the current semiconductor chip shortage knocking production. The firm estimated that the lack of chips could cause production to fall by 100,000 [...]