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Business Jun 15, 2026

City & Guilds Executives Awarded Themselves Millions in Unauthorized Bonuses

An internal investigation has found that City & Guilds' two most senior executives awarded themselv…
The Unauthorized Bonus Scheme An internal investigation into last year's £166m sale of the vocational charity City & Guilds has revealed that its two most senior executives awarded themselves millions of pounds in bonuses without proper authorization. Kirstie Donnelly, the former chief executive, and finance chief Abid Ismail "directly authorised and paid bonuses to themselves" totaling nearly £3m combined, according to the investigation report. Executive Compensation Details The investigation found that Donnelly received £1.7m while Ismail received £1.2m in unauthorized bonuses. In addition to these bonuses, both executives received substantial salary increases following the charity's privatization. Donnelly's salary was increased by £100,000 annually to approximately £430,000, while Ismail's base pay rose by 30%—about £70,000—to £300,000. The payouts were part of a broader scheme that distributed an additional £2m to other senior executives and 60 junior colleagues. Corporate Governance Failure PeopleCert, the private company that acquired City & Guilds' vocational awards business in October, issued a statement condemning the bonus payments. The company stated that the bonuses "were in direct breach of [Donnelly's and Ismail's] duties and responsibilities as office holders and caused significant harm to the organisation's reputation." Importantly, the payments occurred without the knowledge of either PeopleCert or the former charity owner. Legal and Financial Repercussions PeopleCert has announced its intention to take "all action available" to recover the bonus payments from the two executives. The company specifically stated it will seek to recover £1.7m from Donnelly and £1.2m from Ismail, and will make "appropriate referrals to the relevant authorities." While the company will not attempt to recover bonuses paid to the 60 junior colleagues—concluding they were "neither fully aware nor instrumental in the scheme"—it will request repayment of bonuses from other serving members of the executive leadership team. Regulatory Response The Guardian's reporting on the bonus scheme prompted the Charity Commission to open a statutory inquiry into various aspects of City & Guilds' operations, including "the sale and bonuses awarded to its executives." Following the investigation's launch, Donnelly and Ismail were temporarily suspended while PeopleCert conducted its internal review. The executives have since been approached for comment, with their lawyer indicating they plan to commence litigation against City & Guilds Ltd regarding the matter. Historical Context and Future Implications Founded in 1878 by the City of London and 16 livery companies, City & Guilds developed a national system of technical education and offered qualifications in various fields. The organization was previously owned under a charity umbrella, which claimed it would use financial windfalls from the sale to continue charitable works. However, following the privatization, the new company implemented a £22m cost-cutting drive and reduced its UK workforce, even as executive compensation dramatically increased. The scandal has raised significant questions about corporate governance in the newly privatized organization and may lead to increased scrutiny of similar charity-to-profit transitions.
#City & Guilds #Kirstie Donnelly #Abid Ismail
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Sports Jun 15, 2026

Spain Faces Cape Verde in World Cup 2026 Debut Match

Spain, considered one of the hardest teams to beat in the tournament, faces Cape Verde making their…
The Match PreviewThere have never been more brilliant footballers in the world than there are now – one reason it's so hard to pick a winner of this competition. Knockout ties often come down to which individual delivers – or fails to deliver – at the crucial moment and, with so many countries boasting numerous individuals able to turn a game and humans being inherently unreliable, we can't know which of them will be grooved – or heartbreakingly, hilariously inept – when the time comes.Spain's Evolving StrategyBut it remains the case that Spain, though not obvious champions, are the hardest team to beat. Things have changed since they won three consecutive competitions 2008-12 – you can't dominate possession to the same absurd extent once you no longer have Busquets, Xavi, Iniesta – club's football's greatest midfield – plus Xabi Alonso, plus another midfielder or two in lieu of strikers.Yet Rodri and Pedri are pretty handy replacements and, though the control they bring isn't the same, it's been replaced with the thrust their champion sides lacked. Lamine Yamal and Nico Williams – both expected to be absent today, a precautionary move as they recover from injury – give them a threat in behind and on the outside, while Mikel Oyarzabal, likely to play in between them, is in sensational form at both club and international level.Cape Verde's Historic DebutAll of which makes this a tricky – but inspiring – assignment for Cape Verde, making their tournament debut. They qualified top of their group, finishing above a Cameroon side featuring Bryan Mbeumo and Carlos Baleba among others, with only one player – Villarreal defender Logan Costa – playing in one of Europe's top five leagues. This tells us they're a settled, organised side and, while they're better at the back than up front, they'll be a threat on the counter. As Dailon Livramento, their star attacker said, "We got ourselves into the World Cup, now it's time to have fun together."Team Lineups and Key AbsencesSpain (4-3-3): Simón; Llorente, Laporte, Cubarsí, Cucurella; Rodri, Pedri, Fabian Ruiz; Torres, Oyarzabal, Gavi. Subs: Baena, García E, García J, Grimaldo, Iglesias, Merino, Muñoz, Lamine Yamal, Olmo, Pino, Pubill, Raya, Williams, Zubimendi.Cape Verde (4-2-3-1): Vozinha; Moreira, Borges, Lopes, Cabral S; Pina K, Duarte L; Mendes, Monteiro, Cabral J; Livramento. Subs: Dos Santos, Benschimol, Rosa, Pina W, Costa, Arcanjo, Rodrigues, Paulo, Varela, Semedo W, Semedo Y, Pires, Duarte D, Da Costa, Stopira.Referee: Adham Mohammad Tumah Makhadmeh (Jordan)As for Cape Verde, Logan Costa is missing, presumably because he's still feeling his way back after rupturing his ACL in pre-season. I wonder if the rationale goes that, whatever he does, his team are struggling for a result here, whereas against Saudi and Uruguay, they've a better chances of nabbing a result.Spain, then, line up pretty much as expected. I can't say I don't wonder if, at some point Luis de la Fuente regrets preferring Unai Simon to David Raya in goal, but it was never a debate – in his mind, at least. Otherwise, Ferran Torres and Gavi are given Lamine and Williams' spots, with Oyarzabal in between, as expected.Match Significance and Potential UpsetsThat attitude makes them a danger even if a comfortable Spain win remains the likeliest outcome here. When, in years to come, we look back on this competition, one of its eternal, affirming memories will be Curaçao's goal against Germany and Cape Verde are more than capable of delivering us another moment of emotional intensity the like of which only World Cup football can. And really, that's why we're here: we can worry about who wins the thing later.Kick-off: 3pm local, 5pm BST, 12p EDT, 2am AEST.
#Spain #Cape Verde #World Cup 2026
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Politics Jun 15, 2026

Trump wants to put a $75m coal terminal in this liberal California city. Residents aren't having it

The Trump administration is injecting $75 million to build a coal export terminal in Oakland, Calif…
The LeadThe Trump administration is injecting $75 million to build a coal export terminal in Oakland, California, reigniting a decade-long battle between the federal government and local residents who oppose bringing one of the dirtiest fossil fuels to their already pollution-burdened community.The Event DetailsLast week, President Donald Trump announced he was using wartime powers to allocate $700 million to coal projects nationwide, including $75 million for the Oakland coal terminal. The project, located near the Port of Oakland, has been controversial since its inception over a decade ago after the closure of the Oakland army base. Local developer Phil Tagami initially had no interest in shipping coal but pivoted in 2015 when Utah approached him with a deal to export the state's coal. The city of Oakland banned coal handling and storage in 2016, but Tagami sued, and after a legal battle, the California Supreme Court ruled in his favor in September 2025.The Data AnalysisThe $75 million federal injection represents a significant financial commitment to the project, which has faced years of delays and legal challenges. West Oakland, the neighborhood where the terminal would be located, is already one of California's most pollution-burdened communities, with high levels of air pollution from nearby highways, the port, and other industrial facilities. The area has a history of environmental racism, stemming from redlining practices that concentrated industrial facilities in minority neighborhoods.The Impact AnalysisThe proposed coal terminal threatens to exacerbate existing environmental disparities in West Oakland, which already suffers from high rates of childhood asthma and other pollution-related health issues. Residents fear that trains delivering coal shipments will coat the neighborhood in coal dust, further degrading air quality. The project puts California on a collision course with the Trump administration, creating a political battle between progressive state policies and federal fossil fuel promotion. The injection of federal funds has accelerated local organizing efforts, with community groups planning additional protests and lobbying efforts to block the terminal.The PredictionDespite the federal funding, the coal terminal faces continued opposition from local residents, environmental groups, and California lawmakers. The new Oakland mayor, Barbara Lee, who has pledged not to accept money from coal interests, is likely to continue the city's legal fight against the project. Community organizers are shifting their strategy to focus on state and regulatory permitting processes, including stricter air quality regulations. While the Trump administration's funding may accelerate the project's timeline, the intense local opposition and potential legal challenges suggest the battle over the Oakland coal terminal is far from over.
#Trump #Oakland #Coal
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Opera Jun 15, 2026

L'Orfeo Review: Kentridge's Exhilarating Creativity Animates Compelling Monteverdi

Glyndebourne's first production of Monteverdi's L'Orfeo, directed by William Kentridge, is a visual…
The Visionary Production Glyndebourne's first production of Monteverdi's L'Orfeo, directed by William Kentridge, is a visually stunning and musically exhilarating performance that explores the power of music and art. The set, designed by Sabine Theunissen, is rooted in an artist's studio and features a mix of three-dimensional objects and cartoonishly 2D or purely symbolic elements. The Visual Spectacle The production is overwhelmed with visual elements, including animated charcoal drawings, annotated archive documents, and fragmentary phrases projected onto the back wall of the stage. The cumulative effect is overwhelming, particularly if you want to read the surtitles. Some may find the visual busyness frustrating, its symbolism gnomic. The Musical Performance Musically, there is a similarly hell-for-leather quality to the performance. Under conductor Jonathan Cohen, the Orchestra of the Age of Enlightenment turned up the bass with its substantial, deep-pile continuo section and provided sympathetic, characteristically stylish light and shade. The chorus provided a lusty, finely blended gaggle of nymphs, shepherds and spirits. The Cast Highlights As Orpheus himself, Krystian Adam is a kind of straw-boatered colonial figure, vocally at his best as he pleads with Charon. Among the rest of the large cast, excellent diction and stylish ornamentation came as standard, with particularly charismatic turns from Hugo Herman-Wilson and Henna Mun. Xenia Puskarz Thomas's Messenger is fearless and almost raw in her mezzo's arresting power. As Musica and Euridice, Francesca Aspromonte is all laser-focused vocal beauty as well as a compelling dramatic presence. The Future Outlook The production runs at Glyndebourne, Sussex until 25 July. This visually stunning and musically exhilarating performance is not to be missed.
#Glyndebourne #Monteverdi #William Kentridge
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Politics Jun 15, 2026

Albania Protests Over Jared Kushner's $1.4bn Luxury Resort

Large protests have erupted in Albania over a planned $1.4bn luxury resort by Jared Kushner, son-in…
The Controversy Over Kushner's Resort A remote Albanian island has a new nickname: Kushner Island. Jared Kushner, the son-in-law of US President Donald Trump and founder of investment firm Affinity Partners, plans to build a $1.4bn luxury resort there. The project has prompted large protests, with crowds chanting, “Albania is not for sale.” The Future of Albanian Land Is this the future Albanians want, or a sellout of their land to foreign wealth? The protests suggest that many Albanians are concerned about the impact of the resort on their country and its people. The Background of the Project Jared Kushner, son-in-law of US President Donald Trump, is behind the project. The planned resort is valued at $1.4bn. The project has sparked large protests in Albania.
#Jared Kushner #Albania #Luxury Resort
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Business Jun 15, 2026

Salesforce Acquires AI Platform Fin for $3.6 Billion to Enhance Agentforce

Salesforce has announced its acquisition of AI customer service platform Fin for $3.6 billion. The …
The Lead: Strategic AI ExpansionSalesforce announced on Monday its acquisition of AI customer service platform Fin for $3.6 billion, marking a significant move to strengthen its AI capabilities in customer service automation. Formerly known as Intercom, Fin brings established AI agent technology that resolves customer queries across multiple channels including live chat, WhatsApp, SMS, phone calls, and Slack.The Event Details: Merging AI TechnologiesSalesforce plans to integrate Fin's team and technology to improve Agentforce, its existing enterprise platform for building custom AI agents that automate business tasks. The acquisition represents Salesforce's commitment to expanding its AI offerings in the competitive customer service market. Fin's technology will complement Agentforce by adding powerful service agent capabilities, according to Salesforce CEO Marc Benioff.The Data Analysis: Billion-Dollar InvestmentThe $3.6 billion acquisition price highlights the increasing value placed on AI customer service solutions. This deal represents one of Salesforce's largest strategic purchases in recent years, underscoring the company's confidence in the growth potential of AI-powered customer service. The transaction is expected to close in the last quarter of Salesforce's 2027 fiscal year, which corresponds to early 2027 due to the company's financial reporting calendar.The Impact Analysis: Transforming Customer Service LandscapeThis acquisition is likely to accelerate the integration of AI in customer service across industries. By combining Fin's multi-channel AI agent capabilities with Salesforce's extensive enterprise client base, the company is positioned to become a dominant player in AI-driven customer service solutions. The move may also spur increased competition as other tech companies respond to Salesforce's expanded AI capabilities in this space.The Prediction: Future of AI Customer ServiceFollowing the acquisition, we can expect Salesforce to rapidly enhance Agentforce with Fin's proven technology, potentially leading to more sophisticated and widely adopted AI customer service solutions. Fin's co-founder and CEO Eoghan McCabe has indicated that the leadership team will remain in place, suggesting a smooth transition and continued innovation. The integration of these technologies may set new standards for AI-powered customer interactions, potentially reducing response times while improving customer satisfaction metrics for businesses of all sizes.
#Salesforce #Fin #AI
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Business Jun 15, 2026

Fox Strikes $22bn Deal for Roku to Fuel Streaming Push

Fox Corp announced a cash‑and‑stock acquisition of Roku valued at roughly $22 billion, aiming to me…
The $22bn Fox‑Roku Merger UnveiledFox Corp disclosed on Monday a cash‑and‑stock transaction worth about $22 billion to acquire Roku. The move is framed as a “defining moment” to blend Fox’s premium live content with Roku’s dominant streaming distribution.Deal Structure: Cash, Stock, and ValuationEach Roku share will be exchanged for $96 in cash plus roughly 0.97 Fox Class A shares, setting the offer price at $160 per share. The transaction is expected to close in the first half of 2027.Cash component: $96 per Roku shareStock component: 0.97 Fox Class A shares per Roku shareTotal enterprise value: ~$22 bnFinancing: New debt, cash on hand, and a $12 bn bridge loan from Morgan StanleyFinancial Snapshot: Revenue, Share Prices, and Cost SavingsKey financial metrics surrounding the deal:Roku Q1 advertising revenue: $613 m, up 27% YoYFox shares fell 8% in pre‑market tradingRoku stock rose 2.6% to $147.5, trading below the $160 offerProjected annual cost synergies: about $400 mStrategic Implications for the US Television LandscapeThe combined company will control roughly 73% of the merged entity, leaving Roku investors with the remaining 27%. By pairing Fox’s live sports and news lineup with Roku’s platform, the duo aims to become the third‑largest US TV viewer base, strengthening ad‑supported streaming at a time when cord‑cutting accelerates.Access to > 100 m households using RokuEnhanced data, discovery, and monetization capabilitiesReduced reliance on traditional cable distributionOutlook: Integration Path and Market Position by 2027Analysts anticipate that the merger will be finalized by H1 2027, followed by integration of advertising sales teams and content discovery tools. If cost savings and cross‑selling targets are met, the entity could challenge Disney’s streaming dominance and capture a larger share of the growing ad‑supported TV market.
#Fox Corp #Roku #Lachlan Murdoch
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Football Jun 15, 2026

Sweden's Football Resurgence: From Rock-Bottom to World Cup Force

Sweden's national football team, once at rock-bottom, has made a remarkable turnaround under coach …
The Swedish Football Renaissance Sweden's national football team has long been a source of disappointment for its fans. A broken leg, surgery, and a string of poor performances had the team at a low ebb. However, under the guidance of coach Graham Potter, the team has experienced a remarkable turnaround. From Rock-Bottom to World Cup Bound Sweden's journey to the World Cup was nothing short of miraculous. The team finished bottom of their qualifying group, collecting only two points from six matches. Despite this, they were offered a playoff route to the tournament, which they capitalized on with two competitive wins in 17 months. A Stunning World Cup Debut In their World Cup debut, Sweden delivered a resounding 5-1 victory over Tunisia. Goals from Yasin Ayari, Alexander Isak, Viktor Gyökeres, and Mattias Svanberg highlighted a dominant performance. This win has provided a life-affirming message to the team, the fans, and the football world: no matter how bad things get, there's always a chance to bounce back. The Impact of Graham Potter Graham Potter's influence on the team has been profound. After his sacking by West Ham, he took the reins of the Swedish national team and has instilled a new sense of purpose and performance. His ability to get the best out of players like Isak and Gyökeres has been particularly noteworthy. A Beacon of Hope for Underdogs Sweden's journey serves as a beacon of hope for underdog teams and players worldwide. It demonstrates that even those who have hit rock-bottom can achieve their dreams through hard work, determination, and a bit of luck. As the World Cup progresses, Sweden's story will undoubtedly inspire many.
#Sweden #Graham Potter #Alexander Isak
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Health Jun 15, 2026

How the World Contained the Hantavirus Outbreak on a Cruise Ship

A hantavirus outbreak on the MV Hondius cruise ship was contained, thanks to swift action by the Sp…
The Hantavirus Outbreak on the MV Hondius Cruise Ship Passengers from the MV Hondius cruise ship, where the hantavirus outbreak first occurred, finished their isolation periods on Sunday. This is a public health success story worth celebrating, because so many worse results were possible. The Event Details There were 147 passengers and crew on board, and on May 4, seven cases of respiratory illness were identified as the Andes strain of hantavirus, which has been known to spread from human to human. The long incubation period of the virus (as much as six to eight weeks) made it a challenge to manage the spread for those on the ship, as well as those who had already left on commercial flights before the outbreak was identified. The Public Health Response The Spanish government and linked public health authorities deserve credit for stepping up when they allowed the ship to dock near Tenerife. The WHO issued technical guidance to the 23 countries with passengers on the ship, setting out standardized protocols for isolation, monitoring, and clinical management. This helped create consistency across governments, including contact tracing across flights, airports, and public transport. The Impact Analysis The worst-case scenario was terrifying. Imagine that the virus wasn’t identified quickly enough. In the early phase of an outbreak such as this, symptoms are often generic and similar to other travel-related illnesses: fever, fatigue, vomiting. Without rapid recognition of hantavirus and intervention, the passengers could have been free to disembark, disperse, and go back to mixing in cities and countries across the world. The Prediction Success means containment, thanks to good leadership, rapid response, and worldwide cooperation. It also means being better prepared next time, as 21 countries have now signed up to a coordinated hantavirus research programme based on studying those exposed on the ship. This means we’ll know more about the virus and how to develop effective treatments and vaccines – which is one silver lining from the outbreak.
#Hantavirus #Cruise Ship #Public Health
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