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Thames Water chairman accused of conflict of interest over £37m share dividend payment
The chair of Thames Water was suspected by government officials of holding a potentially “conflicted position” when his company made an “unjustified” dividend payment of £37.5m to its shareholders.
The water provider, on the brink of bankruptcy, was in the high court last week seeking an emergency £3bn loan as …
Will the bonus bubbly still flow as reality bites for British banks?
The fortunes of Britain’s biggest lenders may well be reflected by a mix of celebratory champagne and commiserative pints by next week, as bankers with an eye on their bonus assess the fallout from a patchy earnings season.
Bosses of the UK largest lenders are due to kick off the …
Proper care for people who are struggling isn’t ‘soft’ – it saves cash
Trump cuts aid to South Africa over ‘racial discrimination’ against Afrikaners
The US president, Donald Trump, has signed an executive order to cut financial assistance to South Africa, accusing the country’s government of “unjust racial discrimination” against white Afrikaners and offering them asylum in the US.
The order criticised a law signed by the South African president, Cyril Ramaphosa, last month …
Come early, leave early: a gen X dance party that ends at 10pm is taking off across the US
The signature tequila cocktail is called a Hot Flash. The playlist skews towards nostalgic hits from the 80s, 90s and early 2000s. Cis men are politely asked to just stay away.
Founded in Chicago by two friends in their 40s, the Earlybirds Club is a party designed for women and …
AstraZeneca, Whitehall, and a failed £450m deal for the next generation in vaccines. What went wrong?
At a tense meeting with senior civil servants on the afternoon of 29 January, the chair of AstraZeneca, Shaun Grady, pulled the plug on a planned £450m expansion of its childhood flu vaccine factory in Merseyside – bringing a year and a half of negotiations to an abrupt halt.
The …
‘Almost Andy’: how one fan benefited most from the Chiefs’ winning run
For years, the Chiefs most recognizable fan operated in the shadows. A regular at games since 1983, Matt Black cheered on KC through very little thick and and a whole lot of thin, an era marked mostly by a series of sports tragedies overseen by then head coach Marty Schottenheimer. …
Why does the US have it in for gig workers?
The US seems to have it in for gig workers and those who use them.
California – the fifth-largest economy in the world – has significantly curtailed the ability of companies located there to hire independent contractors and freelancers in lieu of employees. The US Department of Labor has issued …
Super Bowl repeat or revenge? Whatever happens, history will be made
A spectre of inevitability hangs over New Orleans in the final run-up to America’s high holy day. The Kansas City Chiefs, having spent the past half-decade as the National Football League’s most dominant force, are on the verge of something never before seen: a third successive Super Bowl title.
Theirs …
Bright lights of Las Vegas cannot dim the dark clouds over Super League
The new Super League season begins next week with a growing level of excitement around rugby league’s premier competition. Wigan Warriors face Leigh Leopards in a mouthwatering derby as they look to emulate
, before the sportheads to Las Vegas
next month for …