Did you know? Greggs has been quietly giving away cake in Scotland since 2016

April 20, 2021 0 Comments

first_imgFor more than a year, 20 Scottish Greggs stores have been offering free cakes to people who host a tea party for lonely OAPs.The scheme, which started in January last year, is run by Contact the Elderly, which invites the public to host a tea party for pensioners in their home on a Sunday afternoon.Twenty stores across Scotland provide yum yums, pineapple tarts and other sweet treats.Contact the Elderly has 123 groups in Scotland that aim to provide “a lifeline of friendship” to old people who live alone, according to the charity.The regular format is a tea party held in a volunteer host’s home for a group of between six and eight people on a Sunday afternoon. A volunteer driver collects one or two older people and accompanies them to the party. A host welcomes a group once or twice a year.Research by the charity showed that 95% of guests say the parties give them something to look forward to and 77% feel happier because of them, while 76% of guests find Sunday a particularly lonely day.A spokeswoman for Greggs told British Baker: “As a business, Greggs believes in supporting the local communities in which it operates and Greggs is proud to work with Contact the Elderly.“A number of Greggs shops in Scotland have committed to providing cakes for the guests to enjoy at the monthly get-togethers.”Greggs currently only provides free cakes, but told British Baker this might be extended to sandwiches in the future.Morna O’May, head of service – Scotland at Contact the Elderly, said: “We are incredibly grateful to Greggs for the ongoing support its bakeries provide for our tea parties.“The value of enjoying a shared afternoon of cakes and company is immeasurable.”last_img read more

​AMF injects €10.8m to cash-strapped Swedish auto supplier

September 29, 2020 0 Comments

first_imgIn another move to recapitalise domestic businesses hit by the coronavirus-triggered economic slump, Sweden’s second-largest pension fund has invested SEK114.5m (€10.8m) in a capital placement deal for brake-component maker Haldex.AMF, which manages SEK600bn of pension assets for blue-collar workers, announced it had provided the lion’s share of a new directed equity issue of around SEK157m, with its money buying a holding of just under 6.6% in the auto supplier – a new investment for AMF.Anders Oscarsson, head of equities at AMF, said: “In view of the fact that it is a challenging time for many companies, we are excited about the opportunity to become a major owner of a fine Swedish company such as Haldex.”As new owners of the company, he said AMF already had a strong commitment to the heavy vehicle sector, where as a subcontractor Haldex played an important role. “We look forward to being a long-term, constructive and active owner of the company,” Oscarsson said.Tomas Flodén, the pension fund’s chief investment officer, said that thanks to AMF’s strong financial position and the long-term nature of its traditional pensions management, the fund could invest in companies in need of capital to be able to get through the challenging economic situation.Haldex announced yesterday that it had agreed a financial package with its lenders, which included extending the maturity of a €90m syndicated credit facility and an SEK270m short-term loan to April 2022.That agreement also stipulated that the company be provided with new equity, it said.The other investor subscribing to the directed capital placement is AFA Försäkring.The new shares have been issued at SEK35.56 per share, which Haldex said corresponded to the volume-weighted average price of its share on Nasdaq Stockholm during the last five trading days prior to a resolution by the board at the end of 2019 to issue new shares.Today, the shares were trading at around SEK37.35, according to Nasdaq data.Haldex said in its announcement of the capital placement that it was deviating from the shareholders’ preferential rights in the new share issue because, “the situation following from COVID-19 has reinforced the need to carry out the capital raising in a time-efficient manner”.It said it intended to use the issue proceeds mainly to finance “continued value-creating investments in new technology”.AMF said in early April that it had earmarked up to SEK5bn as a first step in supporting the Nordic country’s commerce through the COVID-19 crisis.As part of that pledge, the pension fund has said it committed to a significant portion of Scandic Hotels’ SEK1.75bn equity issue at the end of last month.To read the digital edition of IPE’s latest magazine click here.last_img read more

Hope for Grassroots Soccer as Joe Udofia Unity Cup Ends

September 17, 2020 0 Comments

first_imgIn the final match, which featured the best of soccer team from Inyang Isong community defeated last year’s champions, Ikot Obio Okon 4-1 on penalties after a goalless 90 minutes of play.Inyang Isong who emerged champions carted home the trophy and the star prize of N2 million at stake. Ikot Obio Okon the runners-up received N1.5 million while the third placed team Ikot Amba got N1million.Speaking at the trophy and award presentation session, the tournament financier, Joe Udofia expressed gratitude to God for the ability to give back to the society especially his immediate community and pledged to extend the frontiers of philanthropy beyond grassroots football development.He disclosed that the tournament has initiated a working partnership with the Kanu Nwankwo Football Academy for the purpose of channeling talents discovered at the competition to greater heights while adding that four players have already been penciled down by Kanu Nwankwo himself for take off.Also speaking, a member of the State Executive Council and former Finance Commissioner, Akan Okon commended the sponsor of the tournament for his positive attitude while appealing to more private individuals to emulate him.He commended the organizers and players for the high standard exhibited.In his speech, Senator Bassey Albert described Joe Udofia as a man of unlimited benevolence who has broken the records in the state in terms of grassroots intervention and human empowerment citing his numerous good works such as rural electrification and other life enhancing ventures to the people.The encounter was beamed live on Kanu TV, Comfort FM, Uyo and other media channels to a record international audience.The occasion was also graced by Nollywood diva and Special Assistant to the Akwa Ibom State Governor on Entertainment Ini Edo; stakeholders in sports across the country; lawmakers; top government functionaries and lovers of football across the state.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram The prospect of Akwa Ibom State becoming a major football hub in the country received a boost at the recently concluded 3rd Joe Udofia Unity Cup Football Tournament on Wednesday.The month-long grassroots football tournament for teams in Use Abat Clan, Ibiono Ibom Local Government Area of Akwa Ibom State funded by a foremost philanthropist in the area and Chief Executive of Vandrezzer Energy Services Limited, Joe Udofia came to a close on Wednesday at the Use Abat Primary School football pitch.The tournament which began as a talent hunting show piece three years ago with eight participating teams from the nearby communities, this year had an increased participation from 8 to 15 teams gunning for the ultimate N2m prize money.last_img read more

Transfer: Leicester City Accepts FIFA’s Sanction

September 9, 2020 0 Comments

first_imgLeicester City will not appeal to the Court of Arbitration for Sport (CAS) against FIFA’s decision to reject Adrien Silva’s registration.FIFA made the ruling after paperwork on 28-year-old Silva’s £22m move from Sporting Lisbon was 14 seconds too late on the August 31 deadline day.The Foxes wanted to go to CAS but said “FIFA will not support an expedited process”.Silva can only start playing for them when January’s transfer window opens. The club said it has been forced “to reluctantly accept the single-judge ruling of FIFA’s players’ status committee without reasonable opportunity for independent arbitration that is timely enough to be effective”.They added: “Our frustration at the denial of effective due process doubles our disappointment at the original outcome and while the club is now essentially powerless to continue to challenge the decision, we will continue to support Adrien in any personal appeal he wishes to undertake.“We intend to register Adrien at the earliest opportunity. In the meantime, he will remain under our care, training with the squad under the supervision of our coaching, medical and sport science staff.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Long shot Shedaresthedevil pulls off upset in Kentucky Oaks

September 8, 2020 0 Comments

first_imgLast Updated: 5th September, 2020 07:10 IST Long Shot Shedaresthedevil Pulls Off Upset In Kentucky Oaks Long shot Shedaresthedevil won the Kentucky Oaks in record time, overtaking favorite Gamine at the top of the stretch and holding off Swiss Skydiver for a 1 1/2-length victory Friday in the 146th Kentucky Oaks for fillies at Churchill Downs First Published: 5th September, 2020 07:10 IST WATCH US LIVE COMMENT Long shot Shedaresthedevil won the Kentucky Oaks in record time, overtaking favorite Gamine at the top of the stretch and holding off Swiss Skydiver for a 1 1/2-length victory Friday in the 146th Kentucky Oaks for fillies at Churchill Downs.Shedaresthedevil was fresh off a Grade 3 stakes win in Indiana among consecutive victories but covered 1 1/8 miles in 1:48.28 to break Bird Town’s record of 1:48.64 set in 2003. The bay filly contended from the start from the No. 7 post, staying within reach of the heavily favored Gamine before coming on near the final turn and gaining the lead entering the stretch.Once ahead, she turned it up more with Florent Geroux aboard, pulling away from Swiss Skydiver and rolling to victory in the $1.25 million marquee event.Shedaresthedevil paid $32.20, $8.40 and $3.80.Swiss Skydiver, who started along the rail, returned $3.80 and $2.60. Gamine paid $2.40.Postponed from May along with the Kentucky Derby because of coronavirus concerns, the Oaks went off on a hot, sunny day without spectators.Image credits: AP Associated Press Television News center_img FOLLOW US Written By LIVE TV SUBSCRIBE TO USlast_img read more

Five things to watch as Premier League returns to work on completing 2019-20 season

August 13, 2020 0 Comments

first_imgWhen Aston Villa and Sheffield take the field June 17 to restart the 2019-20 Premier League season, they will do so exactly one month after it was originally scheduled to end.Now they won’t finish the 2020 season until July 26, which means it will have taken just two weeks short of a year to establish a champion for the 28th edition of the Premier League. Well, that’s not entirely true. That’s how long it will take to complete the season and make it official.The champion will be decided much sooner. Liverpool FC own a 25-point advantage in the standings over Manchester City. Two more LFC victories, two more Man City defeats or some combination thereof will clinch the title for Liverpool. If Man City were to lose its game June 17 against Arsenal, Liverpool could claim the title with a victory on the road against neighborhood rival Everton.So if Liverpool’s victory is an inevitability, what’s compelling about the return of the league beyond the fact there aren’t many other live sports to watch?We’re happy to tell you:DeCOURCY:  A lonely Premier League title for Liverpool will be ‘odd,’ but so much better than a ‘null and void’ seasonLFC being champion still is hugeThe Premier League was launched in place of England’s old First Division in 1992-93. At the time of that change, Liverpool had won 10 titles over 17 years.It has not won the Premier League, ever. That’s 27 years without a league title.The moment when Liverpool wins, whenever it arrives, will be extraordinary. Fans of the club have ached to win the league for years. The period during which the title has remained out of reach has not been fallow; there have been two Champions League titles, two more Champions League finals appearances, two FA Cups, four League Cups and a UEFA Cup victory. But never the Premier League.Until they win it, their games will be must-see. This is a chance to witness sporting history.It’s wall-to-wall soccer. Because fans will not be permitted in the stadiums, the Premier League is arranging things so that all games will be available to be seen by fans. The idea is for there to be no time conflicts; each game will have its own window. Of the first 12 games that will be played upon the league’s return, nine will be shown on NBCSN and two are expected to be shown on NBC’s main network. That’s 22 hours worth of soccer in the space of six days, starting June 17 with Aston Villa vs. Sheffield United at 1 p.m. and Manchester City vs. Arsenal at 3:15.We missed out on March Madness this year. Pending the announcement of the schedules for the NBA and NHL return, this might be as close as we come.This will be unlike any relegation battle, everIn every other season, teams that were playing for their Premier League lives were so consumed with the ongoing struggle they never had time to think about much more than the following week’s game. The half-dozen teams directly involved with this fight have been stuck pondering their “mortality” for three months.When the action froze back in March, Norwich City stood last with 21 points. It’ll be difficult for them to dig out of that hole, but they’re not far enough back to call it an impossibility.But the difference between 17th place (and remaining in the league) and 18th (and being knocked down to the Championship) was a single goal. Watford was on the right side of the line with 27 points and a goal-differential of minus-17; Bournemouth was on the wrong side with 27 points and a goal difference of minus-18. In 19th position and still very much alive is Aston Villa, with 25 points. In 16th position and not nearly as safe as that standing suggests is West Ham United, with 27 points and a goal differential of minus-15. Brighton and Hove Albion, with 29 points, certainly could fall from its current spot in 15th.Through nearly 100 days, every one of these clubs has had to stew in this potential for calamity. Their obsession led to a push to assure all games are played at home stadiums rather than neutral fields, figuring whatever advantage they could squeeze from that would be worthwhile.It may be false hope. ESPN reported home teams in the Bundesliga since the restart are winning only 22 percent of the time, down from 43 percent before the 2019-20 season shut down because of the COVID-19 pandemic. Home-team scoring is down a half-goal per game. Road teams are winning 48 percent of the time, up from 35 percent.Competition for Europe will be furiousManchester City currently are ineligible for the 2020-21 UEFA Champions League because of a ban related to the organization’s “financial fair play” rules. The club is appealing, though.For now, though, it appears there are Champions League spots open as deep as fifth place in the standings, which puts six or seven teams into play for that spot, including Tottenham Hotspur (which played in the 2019 final) and Arsenal (whose streak of 19 consecutive UCL appearances ended in 2017-18).They currently stand eighth (Tottenham 41 points) and ninth (Arsenal, 40), which puts them within five points of the fifth-place position currently held by Manchester United (45) and seven points of fourth-place Chelsea (48).With everyone hurting financially because of revenue lost as a result of the pandemic, a ticket to the Champions League may be as valuable as it ever will be.Checking out who will play. It seems at this point most every healthy player in the Premier League will participate, now that Chelsea midfielder N’Golo Kante, a World Cup champion with France, returned to training after being granted compassionate leave because of concerns regarding the coronavirus.Watford forward Troy Deeney had said he would not return, but after speaking with the UK government’s chief medical officer, he decided to join his club in training. He has missed multiple days this week, though, reportedly due to an illness unrelated to the virus.Star Manchester City forward Sergio Aguero had been outspoken regarding his concerns about the safety of returning, but he joined the squad at the start of its preparations.There’s a dash of AmericanaThere are only two U.S. players in the Premier League, but both are important members of the U.S. men’s national team. At Newcastle, right back DeAndre Yedlin had made eight league starts before the halt to play, his season riddled with injuries that included a broken hand and groin strain. This may be an opportunity for him to regain some consistency.At Chelsea, established U.S. star Christian Pulisic was sidelined for two months because of an abductor injury of which now admits, “I didn’t take it as seriously as I should have.” He tried to play through the discomfort, which was a factor as he went without a goal or assist from Nov. 9 to New Year’s Day. He expects to be fully fit as the season resumes.He has four goals and two assists in 16 league appearances, and it will be important for him to resume making an impact. Chelsea is expected to bring in RB Leipzig star Timo Werner for the 2020-21 season, creating more competition at the front of the club’s attack.The atmosphere will be intriguingAs we have seen with the restart of Germany’s Bundesliga, professional sports in our lifetime have never been quite like this. On occasion, misbehaving clubs or fan bases have been forced to close their stadiums to fans in competitions such as the UEFA Champions League, but every game without spectators is something we’re still getting used to. More to the point, there are the concerns about whether English soccer fans will adhere to the requests from their teams and local authorities not to congregate outside stadiums to celebrate — or agitate. This was such a concern for the Premier League that only Wednesday were Everton FC and Liverpool presented with confirmation that their June 21 game will be at the former’s Goodison Park home.Because of the potential consequence of that game – and the longstanding rivalry between the clubs, whose homes are separated merely by the width of a city park – authorities were concerned about the possibility of crowds gathering outside while the match is contested.Rob Carden, assistant chief constable of the Merseyside police, pointed out the infection rate for the northwest region is higher than in the rest of England. “For that reason,” Carden said, “we would urge supporters to do the right thing: Stay at home, enjoy the opportunity to watch every second of the derby game free of charge on your own TV, in your own living room and keep yourself, your family, friends and neighbors safe.”last_img read more


December 25, 2019 0 Comments

first_imgDDTV VIDEO: Donegal county manager Jim McGuinness talks about the build-up to the defence of the Ulster SFC title against Cavan next weekend. He talks about Rory Kavanagh’s 100th game for his county and his recovery from last year’s injuries.And he says he is delighted that 29 players were able to train at O’Donnell Park on Friday evening – when they expected just 23 would.Click to play this video interview from jacksonsmediatv.  DDTV: ULSTER SFC CHAMPIONSHIP COUNTDOWN – FULL INTERVIEW WITH JIM MCGUINNESS was last modified: May 13th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:DDTV: ULSTER SFC CHAMPIONSHIP COUNTDOWN – FULL INTERVIEW WITH JIM MCGUINNESSlast_img read more

38 of financial services employers plan to change their parental leave policies

September 15, 2019 0 Comments

first_imgMore than two-thirds (38%) of employer respondents in the financial services industry plan to change their organisation-wide parental leave policies over the next 12 months, according to research by Mercer.Its Global financial services executive compensation snapshot survey, which reviewed the pay practices of 42 global financial services organisations in 14 countries across Europe, North America, Asia and South America, also found that 33% of respondents plan to make changes to flexible benefits over the next 12 months.The research also found:40% of European respondents plan to make changes to their organisation-wide formal pay equity policy over the next year.38% of respondents allow for non-financial performance measures to override financial performance measures in their annual incentive plan, and 32% of respondents allow for this in their multi-year incentive plan.Just under half (48%) of respondents have increased fixed pay for employees in control functions, and 19% have increased total compensation levels.Base salaries in the financial services sector are expected to increase by between 1.9% and 2.4% across all roles in 2017.Base salaries are expected to increase by 1.4% to 2% in Europe, and by 1.6% to 2.6% in North America on average in 2017. This compares to 6% in India, 3.5% in Latin and South America, and 3.8% in Asia.Vicki Elliott (pictured), senior partner and financial services leader at Mercer Career, said: “With compensation remaining relatively flat, [organisations] are challenged to go beyond pay and emphasise their broader employee value proposition to continue to motivate and retain people.“To protect key talent, [organisations] should also put more focus on recognising and differentiating high performers.”last_img read more