Man Group lifted by strong demand for alternative funds

first_img“Our immediate priorities continue to be the health and well-being of our colleagues and the performance of our clients’ assets.  Our diversified range of strategies, our people and technology and a sustainable business model, underpinned by our strong and liquid balance sheet, allow us to manage the firm for the long term”, Ellis said. Man Group lifted by strong demand for alternative funds The firm reported funds under management (FUM) rose to $113.1bn in the three months to September, as alternatives saw a $1.7bn inflow after a slowdown in redemptions. And a good market performance by the long-only funds added $1.7bn despite a $200m outflow.  Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoPast Factory”Waltons” Actress Says Magazine Ended Her CareerPast FactoryUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAUndoNoteableyAirport Security Couldn’t Believe These Jaw-Dropping MomentsNoteableyUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndo At quarter end the $43.7bn of performance fee eligible FUM was at, above or within five per cent of high watermark, of which AHL Alpha is “the most significant individual component crystalling in the second half.”  whatsapp Friday 16 October 2020 10:12 am Hedge fund manager Man Group has reported a rise in funds under management after strong demand for alternative assets.  The US dollar’s weakness against both sterling and the euro resulted in $1.4bn in positive FX and other movements.  Tags: Man Group Chief executive Luke Ellis said Man Group had had a “good” performance in the quarter, driven by “robust net inflows into alternatives as anticipated”.  Man Group reported a rise in FUM after strong demand for alternative assets amid the market recovery. Show Comments ▼center_img Share Angharad Carrick Man Group reported a rise in FUM after strong demand for alternative assets amid the market recovery. Also Read: Man Group lifted by strong demand for alternative funds “Man Group is well-placed to withstand volatile periods and to grow over time, delivering increasing value to all our stakeholders.” Shares jumped more than six per cent. Credit Suisse analysts said they were cautious on the outlook for continued Alternative Risk Premia fund flows where the strategy has delivered annualised returns of -1.5 per cent over three years. But they acknowledged that the strategy has performed relatively well against competitors “and so remains popular with institutional allocators”.  whatsapp Man Group said it lost $10.7bn on negative investment performance and $3.3bn on currency and other movements. The firm’s FUM had slumped 11.5 per cent to $104.2bn in the first quarter because of market volatility due to the pandemic. “Engagement with clients remains good, although there is increasing uncertainty due to upcoming political events and current COVID-19 trends.”last_img read more

Red Carpet Concert: Mike Truax, ‘That’s Me’

first_imgArts & Culture | Juneau | KRNN | KXLLRed Carpet Concert: Mike Truax, ‘That’s Me’December 13, 2018 by Annie Bartholomew, KTOO Share:Longtime Juneau musician and Alaska Folk Festival regular Mike Truax’s song “That’s Me” pays tribute to Alaska music talent, past and present. Recorded back in April at KTOO, the comical number lists artists Collette Costa, Bob Banghart, the Zahasky family, the late Don Drew and Buddy Tabor among others, all while questioning,  “How come everybody’s got a CD but me?”Recorded in collaboration with Justin Smith of Rusty Recordings in Gustavus, the video is part of our Red Carpet Concert series, an ongoing music video project by KTOO Public Media. Watch this video and other Red Carpet Concerts including past guest artists like Goldwing and The Foghorn Stringband.Editor’s note: an earlier version of this story incorrectly called the song “It’s Me” instead of the correct title, “That’s Me.”Share this story:last_img read more

Just Eat takes away 50pc jump in its like-for-like orders in 2014

first_imgONLINE takeaway service Just Eat yesterday reported a 50 per cent jump in like-for-like orders in 2014.The company, which listed in London last April, said total orders grew 52 per cent, including those from its French business Alloresto.fr.David Buttress, the chief executive of Just Eat, said this “provides an excellent base for further develop­ment. We will continue to invest to give consumers more reasons to order their takeaway favourites through Just Eat’s online and mobile platforms.”Founded in Denmark in 2000, Just Eat has had a roller-coaster ride since flotation. On its first day of trading, on 3 April, shares rose from 260p to around 285p. Six weeks later, they were down to about 200p.Yesterday they closed up 3.43 per cent at 340.80p. Show Comments ▼ Tags: Company Just Eat Group Holdings Limited whatsapp whatsapp Express KCS Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Just Eat takes away 50pc jump in its like-for-like orders in 2014 Wednesday 14 January 2015 8:06 pmlast_img read more

Dividend up as revenue grows at Kier Group

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Liketrendybuzz7 Things That Happen To Your Body If You Sleep on Your Left SidetrendybuzzTrendscatchersMan Discovers Something Strange On His Property. When He Notices What It Is, He Realises That He Has Made A MistakeTrendscatchersMisterStoryWoman files for divorce after seeing this photoMisterStoryAmyloidosis | Search AdsCommon Signs Of AmyloidosisAmyloidosis | Search AdsGrowitchRemember Kelly Ripa? Try Not To Gasp When You See Her NowGrowitchbonvoyaged.comQuiz: 9 Out Of 10 People Can’t Name These Actorsbonvoyaged.commylovelymalinoisEx-Police Dog Keeps Barking At The Tree, resulting in A Discovery Of Something Shocking | My Lovely MalinoismylovelymalinoisHero Wars This game will keep you up all night! Hero Wars go.dailystocktraders.comThe One Asset That’s Outperforming Stocksgo.dailystocktraders.com Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Tags: NULL whatsapp Show Comments ▼ whatsappcenter_img Share INCREASED confidence among UK businesses helped to push revenue up at construction firm Kier Group, according to boss Haydn Mursell.The company posted an 11 per cent improvement in revenue, up from £1.43bn during the final six months of 2013 to £1.58bn in the same period to 31 December 2014. Profit before tax dipped by two per cent, falling from £36.8m to £35.9m, in line with expectations.Mursell said that the results, as well as growth in Kier’s order books, gave the group “increased confidence which allowed us to up the dividend”. It went from 22.5p to 24p. He added: “Our regional building business is recovering primarily because of increased business confidence in the UK.” According to Mursell, the property market in the UK is seeing increasing demand, mainly as a result of companies wanting to build new premises or modernise existing sites.Profits are expected to rise in the second half of the year, with several residential property projects set to complete in the first three months of 2015. “That’s still a very buoyant market,” said Mursell. “There is huge demand in the UK for houses that will play out for the next few years.” Express KCS Dividend up as revenue grows at Kier Group Wednesday 25 February 2015 8:51 pmlast_img read more

News / Feeders facing headwinds as negotiations over low-sulphur surcharges heat up

first_imgBy Mike Wackett 22/12/2014 While nearly all carriers have introduced sulphur emission control area (SECA) surcharges, claiming shippers will contribute to the extra cost of low-sulphur fuel, North European feeder operators are becoming frustrated in their negotiations with ocean carriers in obtaining similar agreements.Under tougher IMO regulations shortsea and feeder lines deploying ships in the Channel, North Sea and Baltic Sea from 1 January will be required to burn only the more expensive marine gas oil (MGO) with a maximum of 0.1% sulphur content.This compares with the current heavy fuel oil (HFO) bunkers with a sulphur content of 1%.The big container vessels arriving from Asia and elsewhere will have to switch to low-sulphur fuel before entering ECA zones, and surcharges from shippers need to cover this cost, together with the extra cost of the feeder surcharge if the cargo is transhipped.The problem seems to be that the carrier surcharges of around $25 per teu are insufficient to cover both, with feeder operators calculating that they need a similar figure per teu.According to one industry source, carriers are proving very reluctant to agree to pass the full amount onto their feeder operators, arguing that they need a significant percentage of the surcharge themselves.Moreover, deepsea carriers are arguing that since the collapse of oil prices, low-sulphur bunkers have come down to the equivalent of HFO prices six months ago.Feeder contracts are normally negotiated on an annual basis and industry sources suggest that in general carriers have not been willing to agree to increases for 2015, and in some cases are using a carrot of possible extra volumes due to the launch of new alliances.Port congestion and the Russian market collapse are other issues that have made the going extra tough and the margins even thinner this year for commercial feeder operators plying North European routes.The decision last week by Saverys family-owned Delphis to regroup its fleet of 14 container vessels into Belgian parent CMB as a non-operating owner/manager, and thus to concentrate its efforts on Baltic specialist feeder subsidiary Team Lines, is an indication of how much more challenging the feeder market is becoming.However, an anomaly in the new IMO regulations is that ships operating in the Irish Sea, and servicing ports in Ireland and the west coast of the UK, will still be able to burn cheaper HFO, since, bizarrely, the SECA does not extend to this shipping region.But this presents its own problems when feeder ships sailing between the North Europe and the Irish Sea are constantly being asked by ship managers to switch fuel tanks in order to save cost.Indeed, there have been worrying examples reported from California, where similar emission restrictions have been in place since the beginning of this year, of a significant number of vessel engine breakdowns which have been blamed on the switch to distillate fuels.It appears that pump malfunctions can occur when the changeover between fuels takes place too quickly, leading to the possibility of engine shutdown and the risk of a casualty – and in the ship-heavy Channel this is presenting maritime authorities with considerable cause for concernlast_img read more

Jewelry Comes Out to Save Defectors

first_img By Daily NK – 2012.03.05 3:39pm News [imText2][imText3] AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] News Jewelry Comes Out to Save Defectors RELATED ARTICLESMORE FROM AUTHOR SHAREcenter_img News Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak There are signs that North Korea is running into serious difficulties with its corn harvest News Facebook Twitter North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

KPMG, Microsoft introduce workspaces focused on blockchain

first_img James Langton Swiss National Bank tests digital currency The workspaces aim to bring the financial services sector and developer communities together to help build practical applications for blockchain technology. The first worksites, which they are calling Blockchain Nodes, are being opened in Frankfurt and Singapore, with plans for a third location in New York. “The Blockchain Nodes will play a critical role in identifying new applications and use cases that blockchain can address,” says Eamonn Maguire, global and U.S. leader for KPMG’s digital ledger services, in a statement. “They will enable us to work directly with clients to discover and test ideas based on market insights, creating and implementing prototype solutions that use this innovative technology.” The primary focus for the initiative will be applications for financial services, the firms say, with future plans to examine how blockchain technology can optimize business processes and models in the health-care sector and the public sector. At the same time, KPMG also said that it’s expanding its strategic alliance with Microsoft to work on blockchain initiatives. Photo copyright: asturianu/123RF Share this article and your comments with peers on social media Related news Keywords BlockchainCompanies KPMG LLP Instant repo settlement: a problem the blockchain may solve The push to develop blockchain technology for use in the traditional financial services sector will be the focus of a pair of new workspaces that KPMG International and Microsoft Corp. launched on Wednesday IHS Markit to launch global online ledger for carbon credits Facebook LinkedIn Twitterlast_img read more

CMHC expands insured mortgage purchase program

first_imgHouse placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house, iStock The expansion is part of the emergency measures passed by the government to deal with the fallout of the novel coronavirus and the steps taken to slow its spread.CMHC has said the insured mortgage pools already carry government backing, so there is no additional risk to taxpayers.Ottawa had a similar program to buy insured mortgages during the 2008-09 financial crisis.In buying the insured mortgages, CMHC helps provide funding for the banks that they can then use for other loans to help businesses and other borrowers. Canada Mortgage and Housing Corp. is expanding its insured mortgage purchase program to $150 billion as part of its response to the Covid-19 crisis.The move to help bolster the financial system is an increase from an initial plan for $50 billion announced March 16. Keywords Mortgage-backed securities Related news Judge approves SEC, Citigroup regulatory settlement Feds launch revised insured mortgage purchase program Share this article and your comments with peers on social media Canadian Press SEC closes mortgage securities probe of Citigroup, says bank Facebook LinkedIn Twitterlast_img read more

Health Desks to be set up at Both Airports

first_imgRelatedHealth Desks to be set up at Both Airports RelatedHealth Desks to be set up at Both Airports Health Desks to be set up at Both Airports UncategorizedFebruary 19, 2007 RelatedHealth Desks to be set up at Both Airportscenter_img FacebookTwitterWhatsAppEmail The Ministry of Health is re-establishing health desks at the Norman Manley and Sangster International airports during the ICC Cricket World Cup 2007, which begins in March.The stations, which will be manned by public health nurses, with a doctor on call, form part of the Health Ministry’s efforts to amp up surveillance of malaria and other communicable diseases during the staging of the event. They will be located in the immigration area.Dr. Marion Bullock Ducasse, Director of Emergency, Disaster Management and Special Services in the Ministry of Health said there would also be posters in both airports displaying the symptoms of malaria, as the Ministry was adamant about regaining the country’s malaria-free status. “Immigration officers will look at the [entry and departure] card and where persons have indicated that they have been in malaria endemic countries, they will be referred to the health team,” she told JIS News in an interview.“They will all be interviewed and issued a health alert card just reminding them that if they have any of the signs and symptoms, they need to go for medical care,” she informed.Dr. Bullock Ducasse also noted that the Ministry was mindful of the fact that some persons, who live in the areas where malaria is endemic, tend to self-treat. “If they feel ill, they just take their own medication. Here we do not do that, so we encourage these persons, by speaking with them and giving them the health alert card at the airport, so that we can do full investigations, treatment and other control measures, such as vector control,” she stated.The Director said that although the cases of malaria had declined satisfactorily, intensive vector control work would continue in order to ensure that there are no vectors to spread the disease around. Advertisementslast_img read more

Response to article published by New York Times on UK government procurement

first_imgResponse to article published by New York Times on UK government procurement At the height of the crisis in April, health services around the world faced an unprecedented urgent situation where demand for personal protective equipment (PPE) and other medical equipment, including testing supplies and ventilators, far exceeded supply, and global production and supply chains were under severe pressure. The government pledged to do whatever it took to protect the people who protect us, deploying hundreds of officials to work night and day, at great speed, to source as much PPE as quickly as possible to protect the NHS and care sector and save lives. We also mobilised huge resources to increase testing capacity and deliver other important medical equipment.On 17 December, the New York Times published an article, “Waste, Negligence and Cronyism: Inside Britain’s Pandemic Spending.” The article makes a number of incorrect claims, uses poor methodology and excludes important context about the challenges faced by the UK Government and other public authorities during the unprecedented global pandemic.Claim: “The government handed out thousands of contracts to fight the virus, some of them in a secretive “V.I.P. lane.”Response: At the peak of the pandemic, UK Government officials were inundated with approaches from companies and other commercial actors with offers to procure or provide PPE and other relevant equipment. To help establish a mechanism for handling the approaches, as well as increase the speed at which they could be dealt with, an inbox was created for referrals. This inbox was available across government and to parliamentarians from all parties. In total, the UK government received over 15,000 offers of support from businesses to help with PPE, and MPs were inundated with offers of help from their constituents. MPs rightly were keen to pass on offers.The government remains hugely grateful for the outpouring of offers of help and the high priority mailbox allowed procurement officials to assess more quickly offers from more credible sources, such as large companies with established contacts and those more capable of supplying at speed.The government also ensured that offers of support raised by Opposition MPs were dealt with expeditiously. As the National Audit Office report notes, all PPE offers, no matter from where they came, went through the same eight step official assurance process, including quality checks, price controls and other due diligence. This eight step process has been published in the NAO’s report.Claim: The New York Times “analyzed a large segment of it (government spending), the roughly 1200 central government contracts that have been made public, together worth nearly $22 billion. Of that, about $11 billion went to companies either run by friends and associates of politicians in the Conservative Party, or with no prior experience or a history of controversy”.Response: The New York Time’s definition of ‘politically connected’ is misleading. As the article sets out, they defined this as ‘companies with political connections were defined as those with current or former government officials and advisers on staff, as party donors or who have received a British honors system award, such as a knighthood or peerage’.This definition fundamentally misunderstands the British state. government officials – or civil servants – are politically neutral and therefore it is simply wrong to infer that they have political connections. The New York Times also considers those who received a state honour as having a political connection. Again it is either a misrepresentation or a misunderstanding of the honours system to assert that someone receiving an honour automatically has a ‘political connection’. In fact, the honours system operates independently of government, with the vast majority of honours recommended by independent honours committees.Finally, this implies that any company with a ‘connection’ to the government got a contract as a result of that connection. The National Audit Office examined a series of contracts and “found that the ministers had properly declared their interests, and … found no evidence of their involvement in procurement decisions or contract management”. This was not reflected by the New York Times.Claim: “Smaller firms without political clout got nowhere”.Response: This is again factually untrue. ‘Political clout’ played no part in the official procurement process. For example, all PPE procurement went through the same eight checks, including quality checks, price controls and other due diligence, and was assessed against the same standards.It is untrue to suggest that smaller firms, SMEs, did not receive contracts.Claim: “The government had license to act fast because it was a pandemic, but we didn’t give them permission to act fast and loose with public money”.Response: This is not true. The eight step official process assessed and scruitinsed PPE offers. While prices were higher, due to a surge in global demand and constraints of supply, the government put in place stringent checks to ensure that we were paying in line with market rates. Officials with procurement expertise ran this process. Governments across the world and devolved administrations and local authorities in different parts of the UK faced similar challenges. Indeed, OECD analysis shows that direct awards were used by countries across the world in order to increase PPE supply, such as some EU countries, Japan and New Zealand.Claim: “The procurement system was ‘cobbled together”.Response: This is untrue. Our system was established and run by experienced procurement experts. The system enabled us to act quickly to ensure that we saved lives.Claim: “The government cast aside the usual transparency rules and awarded contracts worth billions of dollars without competitive bidding”.Response: This is untrue. Pre-existing regulations (the Public Contracts Regulations 2015) allow public authorities to award contracts without competitive tender in circumstances of extreme urgency. An unprecedented global pandemic, with global demand pressures on PPE, was clearly an emergency. It was right that the government acted quickly – and within the existing regulations – to increase PPE available to the NHS front line. Direct awards were made by public administrations across the UK and various local authorities. Similar approaches were adopted by many other countries, including Japan, Finland and New Zealand. It is absurd to imply that the government ought to have run a full public procurement competition for PPE contracts at the height of the pandemic. The minimum number of days a competitive award could take place in under the current rules is 25 days. This would have hugely slowed down the buying of vital PPE supplies.Claim: “To date, just over half of all of the contracts awarded in the first seven months remain concealed from the public.” “The British central government published data on pandemic-related contracts worth $22 billion awarded from January through November. Many more contracts remain secret”.Response: It is misleading to suggest that the contracts which are yet to be published through routine transparency are ‘secret’. The Government has already stated that we will publish all contract award notices as part our commitment to transparency. We regret that some contracts have not been uploaded in a timely fashion as a result of prioritising staff’s time on securing life saving PPE and other equipment for the NHS. All contracts will be published as soon as possible. All contract awards for PPE have now been published.Claim: “Around $6 billion went to companies that had no prior experience in supplying medical personal protective equipment. Fashion designers, pest controllers and jewelers won lucrative contracts”.Response: Finding new suppliers, who may not necessarily have direct prior experience of supplying PPE, was a deliberate policy – alongside exhausting existing supply routes. Clothing companies, for example, were an obvious route to new PPE supplies. As the article later acknowledges, many companies, such as the fashion brand Burberry, did create new production lines and successfully produce critical supplies. It is unclear if the New York Times thinks it was wrong for the government to contract with these companies which successfully produced PPE for the NHS frontline.More importantly, analysis showed that the vast majority of the PPE procured by the government during the coronavirus crisis met the required clinical safety standards, which is especially impressive given the supply chain issues, the urgency of the situation, the speed at which staff had to work and the need to explore novel routes. We found that only 0.5% of products tested to date cannot be used. The point has been made above on why many companies repurposed their activities in order to supply PPE during increased global demand.Claim: “There is ample evidence of cronyism, waste and poor due diligence”.Response: The National Audit Office report last month recognised that the government ‘needed to procure with extreme urgency’ and ‘secured unprecedented volumes of essential supplies necessary to protect front-line workers’. As set out above, the government does recognise that at a time of unprecedented global demand, prices were inflated for typical levels, but does not accept that process was not followed. It is untrue to say there is ample evidence of waste. We found that only 0.5% of products tested to date cannot be used. We have outlined above the stringent due diligence which took place.Claim: “The crisis gave way to a system that was neither fair nor equitable”.Response: This is not the case. All offers of PPE, no matter where they came from, were assessed against the same criteria and went through the same eight step checks. This meant that potential suppliers were assessed against the same standards, such as whether their product met our high PPE standards and whether they could supply PPE at an adequate scale.Claim: “Junior staffers reviewed thousands of proposals and passed on a chosen few to their bosses, who often had only a day to sign off on contracts.”Response: This reflects the speed at which the PPE market was moving at the time, and is why it was not possible to run even accelerated public tendering processes, which take a minimum of 25 days. It was right that we put in place the processes needed quickly to take up offers of support. Contracts were only agreed once due diligence and price checks took place, through the process detailed above. We needed to act quickly to ensure that we ordered life saving PPE for the NHS front line.Claim: “Still, conflict of interest questions remain” (around Lord Deighton).Response: Lord Deighton had no role in approving PPE contracts and no role in the COVID19 response beyond PPE. We have robust rules and processes in place in order to ensure that conflicts of interest do not occur. All conflicts of interest for Lords are declared on the House of Lords Register. Following Lord Deighton’s offer to support the government in any way he could, he was appointed an advisor on PPE to the SOS on 19 April. Lord Deighton’s role initially was to help set up U.K. manufacturing of PPE. Over the next few weeks this developed into a broader advisory role across the PPE programme. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Conservative Party, coronavirus, EU, Europe, Finland, Government, health services, Japan, New York, New Zealand, OECD, pest control, production, UK, UK Governmentlast_img read more