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DALE CHERRY/MIRRORPIX
Don’t worry,
but hair really
can turn grey
through stress
Rhys Blakely Science Correspondent
If you are fretting about going grey,
try to relax. Scientists have discovered,
after centuries of anecdotal evidence,
that stress really can turn hair white.
New research suggests that anxiety
and fear cause the body to exhaust its
supplies of a type of stem cell required
for hair colour. The findings could
explain why some world leaders, such
as Barack Obama, appear to grow grey
at an accelerated pace as they shoulder
the burdens of office, experts said.
The study, published yesterday in the
journal Nature, might also put
researchers on the path to a treatment
for premature salt and pepper hair.
Scientists at the Harvard Stem Cell
Institute looked at how hair colour is
determined by pigment-producing
cells, which develop from a special type
Off the wall The actor and writer Terry Jones, a driving force behind Monty Python’s Flying Circus, has died of dementia at the age of 77. Page 7; Obituary, pages 52-53 of stem cell. We have a finite number of
these stem cells inside each of the
100,000 hair follicles found on the
News
D A I LY N E W S PA P E R
OF THE YEAR
T O D AY ’ S E D I T I O N
Green levy on air travel would
NEWS SPORT TIMES2
pay for 100m new trees a year
Ben Webster Environment Editor stores vast amounts of carbon that is
Carbon-neutral future released when it is extracted.
Airline passengers would pay a levy to The committee also suggests requir-
help to fund the planting of 100 million Proposals from the committee on ing farmers to add substances such as
trees a year in Britain under a proposal climate change garlic and seaweed to cattle feed to re-
by the government’s climate advisers. 6 A levy on airlines or fossil fuel duce the amount of methane they pro-
The recommendation comes in a re- suppliers to fund the planting of duce. Methane is a potent greenhouse
port that calls for a fifth of agricultural 100 million trees a year gas and studies have shown that addi-
land to be taken out of production to tives reduce the amount a cow burps by
6 A tax on beef, lamb and dairy
help the country to reach its legally up to 38 per cent.
RESCUE MISSION ANY OLE RUBBISH DIFFERENT LIFE products if voluntary measures fail
binding target of being carbon neutral The changes outlined in the report
to reduce consumption
More than 40 Manchester United A new film of by 2050. would cost about £1.4 billion a year in
A tax on meat may also be needed to 6 Public sector canteens required to private and public funding but would
bearded collies slumped to a 2-0 David Copperfield offer vegan option every day
reduce emissions from rearing live- deliver £4 billion in annual benefits.
joined a search home defeat at the is weighed down stock but the committee on climate Some 12 per cent of Britain’s green-
6 A 10 per cent cut in cattle and
for one of their own hands of Burnley by virtue-signalling change, which carried out the review, sheep numbers by 2050 house gas emissions came from the way
PAGE 11 PAGES 70-72 AN WILSON, PAGES 8-9 says it hopes that this could be avoided land was used in the country in 2017, but
6 A ban on sales of peat
if the trend towards more plant-based with support for farmers and land man-
diets continues. 6 A ban on burning of heather on agers that could be cut by almost two
COMMENT The report says consumers should be grouse moors thirds by 2050, the report says.
“nudged” towards changing their diets, 6 Farmers required to add methane- Airlines UK, which represents the
Britain finds itself caught in the crossfire of an labelling food to show its emissions and reducing substances to cattle feed British industry, rejected the proposal
stating the carbon impact of a person’s for a UK levy, saying that the industry
economic cold war between the US and China shopping on till receipts. But if these was going to be “paying out billions for
GERARD BAKER, PAGE 29 measures fail to reduce meat consump- mittee suggests that a levy on the avia- offsetting projects around the world”
tion sufficiently, the report says “finan- tion industry or fossil fuel suppliers under a global scheme called Corsia
cial incentives and price signals” may could generate £700 million a year for backed by the UN.
Airport begins ‘Crossbow killer Charles’s plea be needed, with a review to consider tree planting. This could be used to Lord Deben, chairman of the com-
this in about five years’ time. create an “auction mechanism” under mittee on climate change, said: “Chang-
virus screening lay in wait’ over climate The report adds: “They could be ap- which landowners would submit bids to ing the way we use our land is critical to
Travellers flying to Terence Whall, 39, a The Prince of Wales plied through subsidies or taxes to en- plant trees. delivering the UK’s net zero target. The
Britain from Wuhan, sports therapist, used a called in a speech at sure that the price of food reflects the Chris Stark, the committee’s chief ex- options we are proposing would see
the Chinese city at the crossbow to kill Gerald the World Economic climate impact of production.” ecutive, said it was in effect a “national farmers and land managers delivering
centre of a deadly Corrigan, 74, a retired Forum in Davos for The report also sets out how to deliv- offset scheme”, a compulsory version of actions to reduce emissions.
virus outbreak, were lecturer, after lying in business and political er the recommendation made by the the programmes that encourage airline “Doing so can provide new revenue
screened for signs of wait outside his home leaders to bring the committee last year for the tree-plant- passengers to offset emissions by pay- opportunities for farmers, better air
illness as ministers near Holyhead, planet “back from the ing rate to triple, which the Conserva- ing for tree planting. quality and improved biodiversity, and
scrambled to deal with Anglesey, in April last brink”, emphasising tive manifesto promised would be The committee also recommends more green spaces for us all to enjoy.”
the threat of a new year, Mold crown court the importance of the achieved by the end of 2024. The com- banning sales of peat by 2023. Peatland Charles’s plea at Davos, page 8
epidemic spreading was told. Mr Whall next decade in curbing
across Asia. Page 4 denies murder. Page 5 climate change. Page 8
continued from page 1 appointed” that Britain would prioritise
News
News
The app will see you now: hospital to move half of all consultations online
Chris Smyth work across all its services, including it of cherry-picking fit young people of this is chronic conditions because we NHS England, has set a ten-year aim of
Alex Ralph Business Correspondent hospitals. An app would share informa- and leaving surgeries with hard-to- know so much about how to manage carrying out a third of hospital appoint-
tion between GPs and specialists as well treat, and thus expensive, patients. those.” He insisted that older patients ments online.
Patients have been told that half of hos- as allow patients to consult online and David Loughton, chief executive of were “not as frightened by technology Paul Bate, Babylon’s director of NHS
pital appointments can be conducted see test results. The trust hopes to sell the trust, said that the app’s AI triage as you might think” and a younger gen- services, said in London its system
online as an NHS trust sets up a “digital the technology to the rest of the NHS if system was as good as doctors at mak- eration would expect the NHS to be as guaranteed a smartphone consultation
first” system to manage care. it proves successful. ing initial diagnoses, flagging those digital as the rest of their lives. within two hours. “We can take so
Royal Wolverhampton has signed a Matt Hancock, the health secretary, who need further tests from those who Mr Hancock has insisted that tech- much of the pain away from the doc-
deal with the technology company has praised the “revolutionary” com- can manage with online advice. nology can ease the pressure on the tors’ and nurses’ daily lives because a lot
Babylon Health to adapt its “virtual pany and uses its GP at Hand service as “I think 50 per cent of consultations NHS caused by the shortage of doctors. of the admin tasks they are having to do
GP” programme used by the NHS to his NHS doctor, but GPs have accused could be done remotely,” he said. “A lot Sir Simon Stevens, chief executive of can be done through our technology.”
Cloud covered The Prince of Wales Bridge over the Severn wreathed by a heavy winter fog. Most of the country will be dry, cloudy and mild today but the north and west will have rain. Full forecast, page 61
---
2 Accommodate (5)
Chris Smyth Whitehall Editor confirmed but scientists believe there faster through population than those -----
Tom Whipple Science Editor are many more. Yesterday a team from that circulate all the time — we have no Drugs makers are racing to develop a 3 Run headlong (6)
Imperial College London more than immunity,” said Professor Ferguson. vaccine to combat the deadly virus
Travellers flying into Britain from the doubled its estimate of those infected, “Most seasonal flu viruses have a case spreading from China. ------
Chinese city at the centre of a deadly from 1,700 to 4,000. fatality rate of less than one in 1,000. Moderna, a $7 billion Nasdaq- 4 Uprights on a football pitch (9)
virus outbreak were screened for signs In Britain, passengers who report Here with this virus we don’t know the listed company, is working with the
of illness as ministers scrambled to deal illness after contact with a confirmed full details, but there is a possible National Institutes of Health in Amer- ---------
with the threat of a new epidemic case of the coronavirus will be taken to fatality rate of 2 per cent.” ica on a potential candidate. It said that 5 Leave, set off (4,1,4)
spreading across Asia. an NHS isolation unit for observation. He said that would make it compara- its “vaccine technology could serve as a
Last night, with authorities in Wu- There is no treatment, although most ble to the 1919 Flu outbreak, although rapid platform that may be useful in ---------
han shutting down its public transport cases are relatively mild. its fatality rate is disputed. “So it is a responding to newly emerging viral A A A A C E E E
network, including flights, the Foreign Before they were suspended, three significant concern globally.” threats, such as novel coronavirus”.
Office advised against all but essential direct flights a week arrived at Heath- He added, however, that it was likely More than 500 cases of the virus — E E G H K L M M
travel to the central Chinese city and row from Wuhan. There was concern once all cases were discovered that the which emerged in Wuhan, China — O O O O O P R R
Public Health England upgraded the that screening would be ineffective death rate would prove to be lower. have been confirmed.
threat of the coronavirus. because many travellers would not Nick Phin, of Public Health England, Shares in biotechnology companies S S S T T U U V
With the death toll rising and cases have symptoms when they arrived in emphasised the risk to people in Britain rallied this week in New York as fears Solutions MindGames in Times2
around the globe, the World Health Britain. “This sort of measure of trying was low. However, he added: “Individu- over the coronavirus increased. They Cryptic clues every day online
Organisation is set to declare the coro- to identify people who are sick coming als should seek medical attention if include Novavax, which developed a
navirus a public health emergency, off a plane will only identify, if you’re they develop respiratory symptoms vaccine candidate for Middle East res-
prompting stricter controls to prevent it lucky, people who will have fever com- within 14 days of visiting Wuhan, either piratory syndrome, or Mers, in 2013. A Leicester attack charge
becoming an international epidemic. ing off a plane,” said Neil Ferguson, who in China or on their return to the UK,” spokeswoman said it had an “extensive
Passengers arriving at Heathrow from led the Imperial College team behind he said. history of working with coronaviruses”. A man arrested after a boy aged
the city were met by doctors checking the latest prevalence estimates. “If Peter Horby, from the University of Nano Viricides, another New York- ten was stabbed as he walked
for cases of flu-like illness. somebody was infected two days before Oxford, said it was now clear that the listed drugs company, is testing its with his mother has appeared in
Cities in many countries have intro- they travelled, they will arrive without outbreak should be classed as a global products against the virus. court to face four charges of
duced health checks on international any symptoms at all.” health emergency. “There are three In Europe the big vaccine makers in- attempted murder. Carlos
travellers, as the Chinese authorities There are no vaccines or treatments criteria. One, is this an extraordinary clude Glaxosmithkline, which is based Racitalal, 32, of Leicester, was
announced the death toll had risen to 17, for coronavirus, and neither is there event. Two, is it spreading internation- in west London, and Sanofi, the French also charged with possession of a
all of them close to Wuhan, a city of resistance in the population. Until it is ally. Three, is an international response pharmaceuticals company. Sanofi is knife blade or sharp pointed
more than nine million people where it better understood, researchers said it required? In my opinion all three of not working on any clinical pro- article in a public place when he
was identified last month. should be considered a significant these have been met.” grammes related to the virus and it is appeared before Leicester
More than 500 cases have now been threat. “Novel viruses can spread much City in quarantine, page 33 not clear whether Glaxo is or plans to. magistrates’ court.
the times | Thursday January 23 2020 2G M 5
News
FREELANCE PHOTOS NORTH WALES; ANDREW PRICE/VIEW FINDER PICTURES
‘Crossbow killer
lured lecturer
out to shoot him’
Will Humphries had been stolen. The vehicle’s GPS was
destroyed but information retained by
A sports therapist murdered a retired Jaguar Land Rover showed that two
lecturer with a crossbow after lying in nights before the attack the car was
wait, a court was told yesterday. driven to Mr Corrigan’s home and on to
Gerald Corrigan, 74, who lived near a Porth Dafarch beach, in what Mr
coastal path two miles south of Holy- Rouch alleged was a reconnaissance. Terence Whall is alleged to have interfered with a satellite dish to get Gerald Corrigan to go outside his cottage on Anglesey
head, Anglesey, was hit by a bolt in a On the night of the shooting the car
planned killing, the prosecution alleg- was driven from Mr Whall’s home to
es. Terence Whall, 39, denies murder- Porth Dafarch beach, where it re-
ing Mr Corrigan, who was shot at about mained for about 90 minutes until
12.30am on April 19, Good Friday, last 12.42am, about 12 minutes after Mr
year. Corrigan was hit. The system showed
Peter Rouch, QC, for the prosecution, that the boot was opened and closed
told Mold crown court that Mr Corrigan when the car arrived and before it left.
went outside to adjust the satellite dish Mr Rouch said that Mr Whall walked
in his front garden after the signal was from the beach to Mr Corrigan’s home,
interrupted. “When he left his home close to the coastal path. “He interrupt-
there was someone waiting outside . . . ed the satellite signal and, hiding
behind the wall, waited for Mr Corrigan
Gerald Corrigan to exit his house,” he said. “When he did
died three weeks so, he shot him.”
after the attack Mr Whall had owned two crossbows,
from multiple but claimed that he sold one to a
organ failure stranger last year and said the second,
bought online last April, was not deliv-
ered until after the shooting.
One of the largest suppliers of cross-
armed with a high-powered crossbow,” bows was said to have contacted police
he said. “The person waiting, probably offering to help after the death. Its
hiding behind a wall, fired a crossbow director provided a list of 17 people on
bolt at Gerald Corrigan.” Anglesey who had bought a crossbow
Mr Rouch said Mr Corrigan “felt a from them in the past ten years.
terrible pain” and thought he had had The jury was told that records of on-
an electric shock from the dish. The bolt line purchases showed that Mr Whall
passed through his left side, cutting his had ordered crossbow bolts on April 7,
spleen and penetrating his large intes- two months after the date he claimed
tine, stomach, liver and diaphragm. It he had sold the crossbow and almost
also bruised his heart before exiting. two weeks before Mr Corrigan was
Richard Alwyn Roberts, a shot. The bolts were of the same type as
paramedic, arrived to find a crossbow the one that killed Mr Corrigan, the
bolt covered in blood on the grass. Mr prosecution said.
Corrigan died in hospital three weeks Mr Whall, of Bryngwran on Angle-
later on May 11 as a result of multiple sey, denies murder. He also denies
organ failure caused by the injury. perverting the course of justice, along
The court was told that two weeks with three other defendants, who are
after Mr Whall was questioned by alleged to have conspired to set fire to a
police about possessing crossbows a vehicle that was later found burnt out.
Land Rover Discovery belonging to his Martin Roberts, 34, Darren Jones, 41,
partner, Emma Roberts, who was away and Gavin Jones, 36, all with addresses
on holiday, was found burnt out on in Bangor, also deny perverting the
June 3. Mr Whall claimed that the car course of justice. The trial continues.
News
News
ALAMY
T
erry Jones, “He was very keen on naked hermit in
sentences. Sufferers can
who helped being Welsh, although Life of Brian
also pause more
to redefine he unfortunately spent (1979) and as Mr
frequently while speaking.
comedy as much of his early life in Creosote in The
As the condition
part of Monty Esher in Surrey — you Meaning of Life
develops, it becomes hard
Python’s Flying Circus, couldn’t get more (1983); with his
to create the right sounds
has died at the age of 77 suburban,” he said. He fellow Pythons;
to form words, sometimes
(Jack Malvern writes). added that Jones was not and, below, with
leading to speech
His fellow Pythons led only one of the funniest his second wife,
sounding nonsensical. It
tributes to the man with writers and performers Anna Soderstrom
can eventually affect
a gift for making others of his generation, but memory and
laugh who was latterly “the warmest, most movement and end
robbed of his speech by wonderful company you character’s mother, who Soderstrom, his second to Alison Telfer. in a total inability to
a rare form of dementia. could wish to have”. admonishes a crowd of wife, by his side. His Although he and Dr speak, write and
“It feels strange that a Eric Idle, 76, said: “It’s her son’s followers with family said: “We have all Telfer divorced in 2012 understand written
man of . . . such endless too sad if you knew him, the eternal words: “He’s lost a kind, funny, warm, after 43 years of or spoken
enthusiasm should have but if you didn’t you will not the messiah, he’s a creative and truly loving marriage, the two language.
faded so gently away,” always smile at the many very naughty boy.” He man whose individuality, re-established a It can
John Cleese, 80, tweeted, wonderfully funny also co-directed 1983’s relentless intellect and friendship when cause
adding: “Two down, four moments he gave us.” The Meaning of Life, in extraordinary humour his illness set in. problems
to go,” a reference to Arguably Jones’s which he played Mr have given pleasure to She would have with
Graham Chapman, greatest achievement Creosote, a grotesquely countless millions across him to stay everyday
who died in 1989. was as director of Monty obese diner who explodes six decades.” His work every other tasks
Michael Palin, 76, said Python’s biblical parody after capping his meal “will live on forever” they weekend at such as
he had been impressed Life of Brian, in which with a wafer-thin mint. added . their old using a
by Jones’s “dark, Welsh he played, among other Jones, who had three Jones had two family home. phone or
intensity” when the pair roles, a naked hermit children, died on children, Sally and Bill, Obituary, pages w
writing
met at Oxford in 1963. and the central Tuesday with Anna from his first marriage 52-53 an email.
a
‘Abuse’ teacher
was accused Parkinson’s isn’t a disaster, Women’s army
war veteran
in previous job
David Brown
sufferer tells his idol Ozzy dies aged 108
Lucy Fisher Defence Editor
Lianne Kolirin It is my lifelong goal to change the days a week but I love it so much. I’ve
A teacher arrested for sexually abusing world’s perception of this neurological even had the Parkylife logo tattooed on A woman believed to be the oldest
a pupil was able to find a new job at a As Ozzy Osbourne comes to terms with disorder and with your help we can do my leg. I want it to be my legacy. British female veteran of the Second
primary school where he committed a his Parkinson’s diagnosis, he may take this together! There is no shame in Par- “I don’t set out to be inspiring. People World War has died aged 108, the
series of similar offences against young comfort from one of his fans. Matt kinson’s. It just presents us with differ- are inspired because I get out and do Women’s Royal Army Corps Associa-
girls, a court has been told. Eagles has told his hero that his four ent challenges each day! Keep moving, stuff and I’m not afraid to fall in public” tion has said.
Jonathan Clayton’s new head teacher decades with the disease has been a keep rockin’.” — something which he says he does up Gladys Anne Logan Robson, who
was “shocked and horrified” when she tough gig — but not a catastrophe. Mr Eagles said that although his con- to ten times every day. was known as Anne, lived through the
was told of the allegations made two Mr Eagles, who was diagnosed at the dition meant he struggled with tasks His wife, Viv, who lives with him in tenure of 21 British prime ministers,
years before the supply teacher was ac- age of seven, wrote an open letter such as dressing, showering and shav- Cuddington, Cheshire, is a big support. four monarchs and both world wars.
cused of sexually assaulting six girls at yesterday to Osbourne, 71, after the ing, he considered himself a “positivity “I honestly never believed anybody Born in Duns in the Scottish Borders
her school, Teesside crown court heard. former Black Sabbath singer revealed would want to get married to me,” he on September 14, 1911, with the maiden
An eight-year-old girl at his first he was suffering from the degenerative said, describing her as his life-saver. name MacWatt, she lived through the
school claimed he put his hand up her disease. Paul Jackson-Clark, from the Parkin- suffragette movement and saw the rad-
skirt while at his desk. The case was “Dear Ozzy, as the Prince of Dark- son’s UK charity, said: “While a Parkin- ical advance of women’s rights.
dropped after her mother said she some- ness I know you’ve had some rough son’s diagnosis can be life-changing, She trained as a physiotherapist
times made up stories for attention. times, particularly in the last year or so,” Matt’s a shining example from the com- before becoming a teacher in the 1930s.
His new school should have been told he wrote. “Parkinson’s diagnosis is a munity of how it doesn’t have to limit or Serving as a physical training in-
about the accusation. Checks on Mr tough gig . . . however, it isn’t a catastro- define you. structor in the auxiliary territorial ser-
Clayton, 27, were the responsibility of phe. With a strong family around you, “His positive attitude to his condition vice (ATS), she rose to the rank of
Vision for Education, an employment with the humour you share and the love and life in general is a great source of senior commander (major) as assistant
agency, the court was told. you have . . . you can do this!” Ozzy Osbourne was sent an inspiring inspiration, not only for the 145,000 inspector ATS physical training. “It was
Mr Clayton, from Carlton, Stockton- Mr Eagles, 51, who classes Black message of support by Matt Eagles people living with Parkinson’s and their a huge job that involved co-ordinating
on-Tees, denies 13 charges of sexually Sabbath’s Paranoid as “one of the most family and friends, but to the world. teams in Scotland, England and Ger-
assaulting six girls aged 7-11 between iconic songs on the planet”, told activist”. The nature of Parkinson’s “By sharing his story through Parky- many,” she told a magazine last year.
April and May last year. He says he is a Osbourne and his wife, Sharon, that the means symptoms constantly evolve life, Matt’s helping to increase under- In her later years she recalled the end
victim of “Chinese whispers”. public perception of Parkinson’s was and worsen, but thanks to pioneering standing of the sometimes brutal real- of the war fondly and was said to have
The girls said he would touch them out of date. brain surgery in 2006 Mr Eagles still ity of this serious condition. had “a naughty twinkle in her eye”
while helping them to dress after PE, “Guys — don’t google Parkinson’s — has a good quality of life. “Globally, Parkinson’s is the fastest when remembering the VE Day
even though they had not asked for [it] sends you to the Wikipedia page When not working full-time in com- growing neurological condition so the celebrations in 1945.
help. He touched girls as they stood at with an old guy in slippers hunched munications, he runs Parkylife — a need for new and better treatments is Mrs Robson was the oldest member
his desk, leaving one alleged victim over. This image is over 140 years old. website that helps to “fight Parkinson’s more urgent than ever. If Parkinson’s of the association, which provides
“feeling disgusting”, the court was told. Parkinson’s doesn’t discriminate with positivity”. UK is going to reach our goal of finding support to more than 3,000 female
The trial continues. between ages, races, sexes or religions. He said: “I work 24 hours a day, seven a cure, we need people to take notice.” army veterans.
8 2G M Thursday January 23 2020 | the times
News
Make us pay higher taxes — we can afford it, demand billionaires
Callum Jones Trade Correspondent nomic disparities were at crisis level, granddaughter of Roy Disney, who co- Economic Forum in Davos — was co- vens and about 40 per cent of foreign
resulting in erosion of trust within soci- founded the entertainment company ordinated by Patriotic Millionaires, a investment passed through empty cor-
Billionaires and millionaires are de- eties, increased resentment and the un- with his brother, Walt; the retail tycoon US-based campaign for higher taxes on porate shells.
manding to pay more tax because they dermining of basic social cohesion. Julian Richer, of Richer Sounds; Rich- the wealthy, and Human Act, an orga- Pegg, who appeared in and co-wrote
are among the “most privileged” people In an open letter addressed to “our ard Reed, co-founder of Innocent nisation that tackles extreme poverty. Hot Fuzz and Shaun of the Dead, said:
who have ever lived. fellow millionaires and billionaires Drinks; and Paul Polman, former chief Tax increases were the “only appro- “We live in a world where just 22 men
More than 120 wealthy celebrities across the globe”, they lamented a “pre- executive of Unilever. priate way” to provide societies with ad- have the same wealth as all 325 million
and business people urged their peers cipitous” decline in tax receipts from “There are two kinds of wealthy equate funding, according to the signa- women in Africa combined.
to step up and call for tax increases ultra-wealthy individuals and corpora- people: those who prefer taxes and tories, who described philanthropy as “It’s a responsibility for all of us who
across the world “before it’s too late”. tions. They added that tax avoidance those who prefer pitchforks,” the letter “an inadequate substitute for govern- are fortunate enough to be wealthy to
Identifying themselves as “members had reached “epidemic proportions”. said. “We prefer taxes. And we believe ment investment”. do our bit, pay our fair share and make
of the most privileged class of human Signatories included Richard Curtis, that, upon reflection, you will as well.” They cited research suggesting that sure people struggling to survive have a
beings ever to walk the Earth”, they the screenwriter; Simon Pegg, the ac- The international campaign — close to a tenth of the world’s gross do- better chance at building a better life.”
claimed that tensions caused by eco- tor; Abigail Disney, the film-maker and launched to coincide with the World mestic product was hidden in tax ha- Thunderer, Simon Pegg, page 28
DENIS BALIBOUSE/REUTERS
Bring world
back from the
brink, Charles
urges business
Philip Aldrick Davos need your help, your ingenuity and
Steven Swinford Deputy Political Editor your skills to ensure the private sector
leads the world out of the approaching
The Prince of Wales has urged business catastrophe.
and political leaders to bring the planet “Everything I have tried to do over
“back from the brink” and emphasised the last 50 years has been done with our
the importance of the next decade in children and grandchildren in mind
his strongest warning yet on the threat because I did not want to be accused by
of climate change. them of doing nothing. Now, of course,
Prince Charles said “the time to act is they are accusing us of exactly that. We
now” in a keynote address at the World cannot waste any more time.”
Economic Forum at Davos before Downing Street refused to endorse
meeting the environmental cam- his claim that the world was facing a
paigner Greta Thunberg. “climate crisis”, however. “The prime
“We are in the midst of a crisis that is minister has been clear that there is a
now, I hope, well understood,” he said. huge climate challenge,” a No 10
spokesman said.
Charles, 71, met Miss Thunberg, 17,
after his speech. As they appeared
before the world’s media, she remarked
to the prince: “I guess you’re very used
to this.” He replied: “This has taken
many years to get used to.” She told him
that she was “still not used to it”.
The prince said: “With 2020 being
seen as the superyear, kick-starting a
decade of action for people and
planet . . . I intend to do my utmost to
ensure that the message of urgency,
systemic change, collaboration and
Prince Charles met Greta Thunberg integration is heard.”
after making his keynote speech His call for the private sector to invest
trillions of dollars in sustainable pro-
“Global warming, climate change, the jects comes as climate change leaps up
devastating loss of biodiversity are the the corporate agenda. Several large
greatest threats humanity has ever faced companies have made commitments to Charles gave his speech under a stylised version of the heraldic badge of the Prince of Wales, ostrich feathers in a coronet
and one largely of our own creation.” reduce or eliminate their carbon foot-
He called on the private sector to print, including Microsoft and the drug that catalyses sustainable markets.” our market systems.” His call to arms hurled fireworks and bottles as part of a
seize the initiative by mobilising invest- company Astrazeneca. Across the world, fossil fuel subsidies came 24 hours after President Trump protest against the Davos meeting.
ment and innovation to build a Charles said that taxes and regula- are three times as large as renewable called activists such as Miss Thunberg Three people were arrested, one person
profitable green economy. “Do we want tions needed to be reformed: “Public incentives. The prince said: “Reorienta- “prophets of doom”. was injured by fireworks and a police-
to go down in history as the people who policy has a role to play. It is time to tion of economic subsidies, financial Last night Swiss police used water man was taken to hospital.
did nothing to bring the world back think about how we properly deploy incentives and regulation can have a cannon, rubber bullets and tear gas to David Aaronovitch, page 27
from the brink?” he said. “This is why I taxes, policies and regulation in a way dramatic and transformative effect on subdue demonstrators in Zurich who Boeing is out, pages 38-39
Google boss: Artificial intelligence will do more for humanity than fire
Richard Fletcher Davos countable to people”. “AI is one of the ence in outcomes is profound. We know world and displace millions of low- years quantum computing would
most profound things we’re working on we can use AI to make it better.” skilled jobs as increasingly sophisticat- “break encryption as we know it”.
Artificial intelligence will be more pro- as humanity. It’s more profound than Mr Pichai, 47, said that the world ed software comes into use. Asked by Klaus Schwab, founder of
found for humanity than fire and elec- fire or electricity,” he said. “It has tre- needed to agree on common standards Mr Pichai, who has been Google’s the World Economic Forum, what kept
tricity but must be developed to benefit mendous positive sides to it, but it has to ensure the technology developed to chief executive since 2015 and was pro- him awake at night, Mr Pichai said: “I
everyone, the owner of Google has said. real negative consequences,” he said. the benefit of all humanity. “AI is no moted to lead Alphabet last month, also worry that we turn our backs on tech-
Sundar Pichai, chief executive of “You think about technologies like different from climate,” he said. “You spoke about the potential for quantum nology. I worry when people do that
Alphabet, told the World Economic facial recognition . . . it can be used to cannot get safety by having one coun- computing. “What is exciting about they get left behind. It is our duty to
Forum in Davos that global leaders find missing people. But it can also be try or a set of countries working on it. quantum computing is it will allow us to drive this growth in an inclusive way.”
must make sure that AI “did not have used for mass surveillance. You need a global framework.” understand the world in a deeper way. Alphabet is one of the world’s biggest
bias, that it was built and tested for “Take radiology. There are often Experts believe that artificial intelli- We can simulate nature.” He warned, companies, valued at $1 trillion. It owns
safety and that it was ultimately ac- times cancer gets missed and the differ- gence will disrupt economies across the however, that over the next five to ten several companies developing AI.
the times | Thursday January 23 2020 2G M 9
News
GERAINT LEWIS/REX; TIMES PHOTOGRAPHER RICHARD POHLE
T
ilda Swinton garden became a source
recalled her of inspiration for his
friendship with work, and for artists who
the late film dropped by. In Derek
director Jarman’s Garden, his
Derek Jarman yesterday final book before his
as she led efforts to death in 1994, he
secure his beach house described his rejection
for the nation as an of conventional
artists’ retreat (Jack gardening advice. The
Malvern writes). garden has had
The actress, whose thousands of visitors
first film was Jarman’s including Sir Paul
Caravaggio in 1986, McCartney.
appealed for donations Jarman left the
to raise £3.5 million to cottage to his partner,
safeguard the house and Keith Collins, who died
garden on the shingle in in 2018. Collins wished
Dungeness in Kent, the house to be left to
which has become a site the public but wanted to
of pilgrimage for garden leave a legacy for his
lovers. husband, who has
The Art Fund, a survived him. If the
charity that secures art fundraising falls short
for the public, needs to then the house will be
raise the money by sold privately.
March 31 to buy the Stephen Deuchar,
house and set up a Fund, but is relying on bluebell patch for a estate in its place. A with yolk-yellow window from his late father and director of the Art Fund,
scheme to maintain it. the public for about filming location. She little disheartened, we frames on the left hand was seeking a refuge said that Jarman was
The charity has secured £1.8 million. told Jarman that she headed for the coast.” side of the road facing from London, knocked “one of the most
almost half of the Swinton, 59, said that remembered a bluebell They skimmed stones the sea. It had a ‘for sale’ on the door and was influential figures of late
money from grants, she had seen Prospect wood in Kent. “We before turning back to sign stuck in the stones invited in for a tour. 20th-century British
including £750,000 Cottage for the first time pottered down in my drive to London. “We at its feet.” As they returned to culture” and that the
from the National in 1986 as she and ramshackle little car saw a small black Jarman, who had London, Swinton house would inspire
Heritage Memorial Jarman sought a and found a housing painted wooden house received an inheritance recalled: “Derek decided future generations.
Italian backpacker in court over stud farm death consent”. She also criticised his noting
that after the alleged rape the mother
“took no immediate action to report the
matter to the police, or indeed to any-
Will Humphries before magistrates in Exeter yesterday Luigi Palmas is Combe, for the past year after splitting one else”. Many victims do not do so.
Southwest Correspondent on a charge of murdering Mrs Bevan on accused of killing from her husband, Michael. Police records showed that the
January 3 and also an assault occasion- Kate Bevan, 53 The farm is a well-established stud, mother had reported domestic abuse
An Italian backpacker accused of mur- ing actual bodily harm on January 20. which has been run by Michael Harris, on several occasions and had to go to
dering a worker on a stud farm has been Patrick Moore, the chairman of the 68, for 40 years. He judges Arabian live in a refuge in 2016.
pictured for the first time. magistrates, told Mr Palmas through an horses nationally and internationally Judges in family cases are not
Luigi Palmas, 26, is alleged to have interpreter that he would be remanded and was director of the Royal Stud of required to undergo special training for
killed Kate Bevan, 53, in the yard of in custody and sent to Exeter crown Oman. He said that the arrest of the handling sexual assault allegations,
Combe Farm, Gittisham, Devon, on the court for a preliminary hearing next police arrested Mr Palmas on Monday man, one of many live-in volunteers even though they are often made in
evening of January 3. He had been at month. on suspicion of murder. and backpackers working at the farm, such cases. Ms Justice Russell said she
the Arabian horse breeding farm for It had initially been believed that Mrs Mrs Bevan, who had a day job as a was a complete shock. had discussed the issue with the presi-
about three weeks after being recom- Bevan was crushed by a bull she was stock manager at the Vale Veterinary Last month Mrs Bevan published a dent of the family division, who would
mended by an Italian friend who had looking after. However, after a post- Group, had been living at the farm, book, Knowing Daisy, about her experi- make a formal request to the Judicial
spent time there. Mr Palmas appeared mortem examination on Saturday which is next to The Pig hotel at ences at Combe Farm. College for training to be introduced.
the times | Thursday January 23 2020 2G M 11
News
CORIN MESSER/BNPS
cash injection
was missing for two days
in biggest boost
for a decade
John Simpson Crime Correspondent officers tackling the crime blighting our
streets so people can feel safe in their
Police forces will receive their biggest communities. The police must now
cash injection in a decade with an make full use of this significant invest-
increase in funding of more than ment to deliver for the public.”
£1 billion paid for in part by tax rises. While the additional funding, partic-
Priti Patel, the home secretary, said ularly for extra officers, has been wel-
that forces would get nearly £900 mil- comed, there have been warnings
lion from the government to hire 6,000 about the capacity within police forces
officers, tackle violence and combat to train new recruits.
organised crime. An estimated 45,000 new police offi-
Ms Patel also said that elected police cers are needed to ensure that the re-
commissioners would be free to in- cruitment drive delivers on its promise
crease the policing element of council of increasing the workforce by 20,000.
tax to raise up to an additional The Police Federation for England
£248 million nationally. and Wales praised the move to increase
The injection of money means the funds but called for an overhaul of the s
said she thought
total policing budget for the coming
financial year could reach £15.2 billion.
police funding formula, which it said
was too short-term and made it difficult
Collie comrades c
th number of
the
collies wandering
The proposition is complicated
because commissioners will be stand-
for forces to plan.
The federation also pointed out that come to the rescue a
around
a
alerted
the town
locals to the
ing for re-election in May, and many much of the additional money had s
search.
I
are likely to balk at the prospect of already been announced, including the n the days after search and trying Fellow bearded
raising taxes while campaigning. funding for additional officers and the Madeleine Fear’s to alert one of c
collie breeder Mary
The spending pledge represents a extra cash for counterterrorism. prized bearded collie their own. There B
Busby, 60, a
significant reversal of Conservative John Apter, the federation’s chair- bolted during a walk were over 100 b
biomedical scientist,
austerity measures over the past man, said: “Boom-and-bust, short- on Sunday morning people looking m
made an 80-mile
decade in response to year-on-year term, one-year financial settlements do and disappeared, the for Arran, even r
round trip from
rises in crime for the past five years. not work, and forces shouldn’t have to breeder grew increasingly late at night in F
Fareham in
According to the announcement, the operate on a ‘hand-to-mouth’ basis. desperate (Emma the woods. One H
Hampshire. She said:
money includes £700 million to recruit The government has admitted the Yeomans writes). man had an “
“The bearded collie
6,000 officers. This forms the first funding formula is outdated and must So, in scenes infrared camera, b
breeders community
phase of the 20,000 pledged over the urgently address this. reminiscent of One another had a drone.” ver close so whenever
is very
next three years to replace an equiva- “Over the last decade the police ser- Hundred and One Ms Fear, 34, said that been accepted for this something awful happens
lent number lost since 2010. vice has been hit hard by budget cuts Dalmatians, in which more than 40 dogs and year’s Crufts. “Even we all band together.
The central funding also includes and it needs more than a one-year cash dogs all over England plot their human companions though it was minus 6C “I would like to think
£150 million to fight organised crime injection to put things right. So, this in- daring deeds through a descended on Verwood, one night we slept in our they would do the same
and crack down on internet child abuse, crease is welcome, but it must be the network of night-time Dorset, to join the hunt cars because we were so thing if something ever
as well as £39 million allocated to tack- start of long-term genuine investment barking, Ms Fear called and the distinctive shaggy desperate to find him. happened to my dog.”
ling serious violence, including £20 mil- in policing.” on an army of bearded collies barked constantly Without the sheer Bearded collies are a
lion for county lines drug dealing. Roger Hirst, finance lead for the collies to help reunite her in the hope that Arran volume of people breed of herding dogs
Earlier this week the government Association of Police and Crime Com- with six-year-old Arran. would respond to the searching for Arran he developed in Scotland,
announced a £90 million increase in missioners, said that the funding an- She said: “We are a familiar sound. would not have been where they were bred to
funding for counterterrorism, bringing nouncement was welcome, adding: very close community as One owner and their found,” she said. withstand bitter weather
its overall budget to £906 million. “We need to focus on bringing crime only about 200 bearded pet made a 160-mile After two days of and tough terrain. They
Ms Patel said: “This government is down and this settlement will mean collies were born last round trip from searching, Arran was are known for their long,
delivering on the people’s priorities by police and crime commissioners can year. The bearded collies Guildford, Surrey, to located in a neighbour’s fluffy hair and their
giving policing the biggest funding invest more into policing to tackle were barking during the search for Arran, who has back garden. Ms Fear energetic personality.
increase in a decade. It will mean more crime and keep our communities safe.”
News
News
News Politics
T
The Migration Advisory Committee, he moment prime
an independent body, will publish a re- minister’s questions
port next week on how the new system ended, Boris Johnson was
would work and the government is ex- up and away. He grabbed
pected to publish its white paper in his folder, clutched it to
March. The aim is for the system to be his tummy and launched off in the
introduced at the end of the Brexit tran- direction of the rear double-doors.
sition period in December. The health secretary, Matt
The government is also axing a tem- Hancock, was first to pull into his
porary extension of the present rules slipstream, following close on
until 2023 that would have let tempo- Boris’s heels. He’s good at that, Mr
rary workers continue to come to Hancock.
the UK. The extension was promised by A pace behind came the Scottish
Theresa May and had been demanded secretary, Alister Jack, one of
by business groups. However, the gov- those amiable, slightly day-dreamy
ernment is said to believe it would be senior officers happy to appear
out of keeping with its pledge to “take close to the boss but hope not to be
back control” of Britain’s borders.
the times | Thursday January 23 2020 2G M 15
News
News
JESSICA TAYLOR/UK PARLIAMENT
Second candidate
through in race to
be Labour leader
Oliver Wright Policy Editor promised to ditch the government vow
to raise the national insurance thresh-
Jess Phillips has endorsed Lisa Nandy old, saying the money should be spent
in the Labour leadership race, saying on reversing benefit cuts. She also
she was the best placed candidate to pledged to reform the Department for
“win back the trust of the electorate”. Work and Pensions to give every per-
Ms Nandy, the MP for Wigan, has son a case worker to help them to navi-
cleared the threshold to get on the gate the system.
ballot paper after receiving the support Ms Nandy defended New Labour’s
of the Chinese For Labour group. record on introducing the minimum
Ms Phillips, who pulled out of the wage and public investment, but
leadership race on Tuesday, said she claimed that the party took only “small
would make Ms Nandy her first prefer- amounts” from the rich. She said parts
ence, followed by Sir Keir Starmer, 57. of Margaret Thatcher’s political
“Jess will be backing the candidates approach were allowed to continue
who she thinks can bring the party to- under Tony Blair and Gordon Brown
gether and win back the trust of the and needed reversing. “Tax is not an
electorate,” a spokesman said. evil. Tax is how we contribute to some-
Chinese For Labour, while a small thing bigger, better than ourselves,” she
group, secures Ms Nandy’s place on the said.
ballot as she has been backed by three Ms Long Bailey, 40, has said that she
affiliates of the party. She was endorsed would take Labour in “completely dif-
by the GMB this week and the National ferent directions” from Mr Corbyn,
Union of Mineworkers last week.
The deadline to gain enough support Lisa Nandy has the
(33 local parties or three affiliates) is support of three
February 14 and while Rebecca Long Labour affiliates
Bailey is expected to garner enough
backing to join Sir Keir and Ms Nandy,
Emily Thornberry faces a tougher task.
The shadow foreign secretary said she
would make it into the ballot.
Ms Thornberry, 59, said she had amid criticism that she is the continuity
warned Jeremy Corbyn he would be candidate in the leadership race.
defeated by Boris Johnson in an elect- The shadow business secretary dis-
ion held before Brexit was resolved. “I missed claims that the outgoing leader
did see it coming,” she told The Andrew and his allies would still run the party if
Neil Show on BBC Two. “I warned in she won. In an interview with the Daily
shadow cabinet and I wrote to Jeremy Mirror, Ms Long Bailey said: “Insinua-
and I’m afraid that letter now reads like tions have been made, ‘Oh these men
a prophecy.” have been pulling strings in the back-
Ms Thornberry also said she would ground’. I’ve been proud to stand on the
not scrap the Trident nuclear deterrent policy platform that we’ve had. That’s
boisterous mood at PMQs but seemed unsure of his brief. A question from Caroline Nokes led to uproarious laughter and defended sending her son to a par- not to say I’m not a completely different
tially selective school. “As a mother, I person from Jeremy because I am, and
infected too much by his work ethic. Conservative benches were will never apologise for doing the best I’ll take the party in completely differ-
Boris was moving fast and had grateful that Mr Corbyn was so for my kids,” she said. ent directions.” She had given Mr Cor-
almost passed the Speaker’s chair useless. It was far from clear that Ms Nandy, 40, in her first significant byn a score of 10/10 for his leadership,
when he remembered he must nod Mr Johnson understood the ins policy speech of the campaign, called but told the Mirror that Labour had to
to the Speaker, Sir Lindsay Hoyle. and outs of universal credit. for a fundamental change to the tax and recognise what it got wrong and that
And so he screeched to a halt and For the moment, that does not welfare system. She said capital gains the party “can’t get them wrong again”.
reversed a few inches, which meant matter to his Commons troops. tax should be changed so that income Last night Ms Long Bailey told the
Mr Hancock went crump. Mr There may come a time when it from shares, property and gifts were BBC she had no Conservative friends in
Johnson shot a thumbs-up at Sir will. taxed at the same rate as marginal parliament. She added, however, that
Lindsay, grunted a few words and Ian Blackford, for the SNP, came income. This would increase tax rates she thinks some of her friends outside
bowed, all in one moment. Old black a cropper when he attacked the from 28 per cent to either 40 or 50 per politics had voted Tory, and that in par-
and white films sometimes have that government on Brexit and said cent depending on earnings. She also liament she was “friendly to everyone”.
sort of speeded-up, jerky quality. that “Scotland said no and we
Mr Jack, while walking, had been meant it”. Everyone was quick to
gazing to one side, moonily
acknowledging some onlookers, and
grasp that Scotland also said no to
independence in 2014 — and
Civil service chief to step
there was a concertina of colliding presumably meant it. Mr Johnson
limbs. Then Boris was off again, and
the followers had to straighten
had an easy hit with that but he
also started reeling off various
down as overhaul looms
themselves and scurry to keep up statistics about the Scottish
with him. Through the swing doors economy in such a jabbering, Oliver Wright the failure of the civil service to hire
he sped — bouff! — with his staccato manner that he sounded people with “deep expertise in specific
shoulders hunched, head down, nose mad. Slower, mon ami. Slower. The chief executive of the civil service is fields” and asked for applications from
twitching at the thought of some The session later descended into to step down before an expected reor- data scientists, mathematicians and
lunchtime trough. Had he been a very English farce. Caroline Nokes ganisation of Whitehall. physicists. His call infuriated senior
cartoon character he would have (C, Romsey & Southampton N) Sir John Manzoni, a former BP exec- civil servants who said he had no power
had little circular puffs of velocity at fretted about the waters of the utive, will leave this year, which the to hire officials and that he had ignored
his heels. pace will exhaust him. He will also Solent being gummed up with government said had been planned for significant progress under Sir John.
His life these heady days is make mistakes. In his PMQs algae. There was a blockage in the “some time”. A senior government source dis-
conducted at a bewildering lick. He appearances so far there has been system, she cried, and “I urge my However, his departure is expected missed suggestions that Sir John’s
bowls down parliamentary cloisters little evidence of the sort of Right Hon Friend to get out his to coincide with a wider shake-up of departure was linked with the arrival of
with the force of an Underground intensive preparation that made plunger”. The rest of Ms Nokes’s government priorities being led by Mr Cummings in Downing Street.
train approaching a station. Thatcher, Blair and Cameron strong question was inaudible for Boris Johnson’s chief adviser Dominic They pointed out that he was on a five-
Members of his retinue have no parliamentary performers. At laughter. Tim Loughton (C, East Cummings. Mr Cummings is critical of year fixed contract that ran out in
need for keep-fit classes — they are present this does not matter because Worthing & Shoreham) was eating Whitehall’s ability to complete big pro- October and said Sir John had agreed
kept breathless by the blond his opponent is Jeremy Corbyn and a jelly baby and it went down the jects and attract staff with science and to carry on to minimise disruption
maniac’s hurtling pace. It is as if he nobody is taking much notice. wrong way. On Ms Nokes’s other data skills into senior roles. running up to the previous no-deal
is galloping bareback on Areion, Perhaps inevitably, Mr Corbyn has side, Karen Bradley (C, Sir John was brought into govern- Brexit deadline of October 31.
winged horse of Olympus, pushing put in a couple of decent Staffordshire Moorlands) fanned ment by David Cameron in 2014 to Sir John, 60, who was knighted in the
its flowing mane out of his face as performances. Yesterday he asked herself and shuddered. Ms Nokes shake up project management and pri- new year’s honours list, spent 24 years
he eyeballs his destiny. about lower-paid bakery workers turned pink but Boris was unfazed. oritise commercial skills in Whitehall, at BP.
All of this may create an and universal credit. Mr Johnson A Tory grande dame was asking to but that project fell down the political The Cabinet Office said: “As has been
impression of executive fury but it evaded the question shamelessly and see his plunger? Happens most agenda after the EU referendum as planned for some time, Sir John
may not last. Keeping up such a resorted to a low jibe about how the days of the week. ministers prepared for Brexit. Manzoni will step down from his post at
Last month Mr Cummings criticised some point this year.”
the times | Thursday January 23 2020 2G M 17
News
As if royal life were not animated enough . . . Family Guy writer takes aim
Ben Hoyle Los Angeles the most popular drama series in recent lowers on Instagram, where he often
years about dynastic struggles and the pokes fun at the relentless hunger for
A satirical animated series about the ruthless pursuit of power. gossip about the royal family.
royal family is to scrutinise the monar- The series will follow Prince George, This week he fused the Sussexes’ de-
chy from the perspective of the young six, voiced by Janetti, and his observa- cision to give up their royal lives and the
Prince George. It will have an all-star tions on the behaviour of family mem- hope that a public rapprochement
cast voicing the Windsors and the bers. Iwan Rheon and Lucy Punch will between Brad Pitt and Jennifer Aniston
palace staff. voice the Duke and Duchess of Cam- during the Hollywood awards season
The Prince is the creation of Gary bridge; Orlando Bloom and Condola may lead to the former husband and
Janetti, a writer and producer of Family Rashad will play the Harry, Duke of wife reuniting. Janetti juxtaposed a pic-
Guy, the long-running animated Sussex, and his wife, Meghan, and ture of Prince George apparently glan-
comedy about a dysfunctional Amer- Frances de la Tour and Tom Hollander cing towards Pitt and Aniston while
ican family. The show has been com- will provide the voices of the Queen they shared a friendly moment at the
missioned by HBO Max, the streaming and the Duke of Edinburgh. Alan Cum- Screen Actors Guild awards on
service from the cable network behind ming will be Prince George’s butler. Monday. It was captioned: “Hey guys,
Succession and Game of Thrones, two of Janetti has almost one million fol- The new HBO Max show will feature Orlando Bloom as the voice of Prince Harry there’s an opening in the royal family.”
DEAN/#JACKVALENTINE/SPLASH NEWS; SOPHIE MUTEVELIAN/NETFLIX
Kate tells of
her isolation
as William
worked nights
Valentine Low progress made throughout the festive Netflix has altered how it
period.” At the same time the @ken- counts viewers for shows Numbers up
The Duchess of Cambridge has de- singtonroyal account posted a video of such as The Crown. Filming
scribed how she felt isolated as a first- Kate promoting her survey. continues for the next Netflix gave only one
time mother when the family was living The study by Ipsos Mori on behalf of series with Emma Corrin example of how viewing
in north Wales and the duke was the Royal Foundation called “five big as Lady Diana Spencer figures changed under its
working nights as a helicopter pilot. questions on the under-fives” is aimed new system: Our Planet
The duchess was speaking at a at improving understanding of the more than two minutes. rose from 33m to 45m.
children’s centre in Cardiff on the importance of early childhood. This means a subscriber However, its data for both
second day of a tour to promote a During her visit to the children’s who abandons The systems gives a sense of
national poll on early childhood which centre Kate talked to Rhi Logue, 29, as Irishman not long after the impact:
she hopes will “provide lasting change her 11-month-old daughter Eleanor the opening scene will Old system
for generations to come”. Later she covered herself in cooked spaghetti. Ms count just as much as
The Irishman 26.4m
returned to the women’s prison she Logue said she felt supported by the someone who makes it to
accounts in first four weeks
visited in 2015, when she said she was other mothers. “You can come here and the end of the 210-minute
“shocked” at how much the inmates’ tell people, ‘I haven’t slept’, ” she said. epic. Bird Box 80m in four weeks
problems could be traced to childhood. “And everyone else is like, ‘I haven’t Netflix previously Sex Education (first series)
After talking to young mothers at the either!’ ” laughed Kate. “It normalises it. required account-holders 40m in four weeks
children’s centre in Cardiff, she recalled No one is going to judge you for it. And to watch 70 per cent of New system
living in Anglesey when Prince George it’s a social thing for you.” one episode, or 70 per
The Witcher 76m in four
was a “tiny baby” and William was Ms Logue said later: “We talked cent of a feature film, to
weeks
working with an RAF search-and- about post-natal depression and be counted as a viewer.
rescue team. how hard it is to have a kid and how The change was You (second series) 54m in
“It’s nice to be back in Wales. I was important centres like this are.” revealed in a letter to four weeks
chatting to some of the mums earlier. It At Send Prison, near Woking in investors published The Crown 73m overall,
was the first year and I’d just had Surrey, Francesca told Kate that she alongside the company’s 21m for third series
George — William was still working started taking drugs and offending latest quarterly earnings.
with search and rescue and we came up after her parents separated. She said Sir David Attenborough’s
here and I had a tiny, tiny baby in the that through a Forward Trust pro- nature series Our Planet industry, casting doubts
middle of Anglesey. It was so isolated, gramme at the prison she had begun to was seen by 33 million on Netflix’s new-found
so cut off. I didn’t have any family resolve issues going back to childhood. Netflix households under commitment to
around and he was doing night shifts.” “Coming to jail is one of the best things the old metric, but transparency.
The Duchess of Sussex yester- that has ever happened to me,” she said. 45 million under the new The on-demand service
day released photographs of a The duchess said: “Why does it have to system, indicating that has long been reluctant
visit to an animal shelter in get to that point before people receive 12 million switched off to share viewing data,
London two weeks ago. the help and support?” before watching much saying that it is under no
The pictures, which ap- She told the women: “I’m hugely more than two thirds of obligation to release
peared on the Sussexroyal passionate about trying to really an episode. figures because, unlike
Instagram account, are help get into this crisis, trying to Netflix said that the old broadcasters, it has no
the latest instance of help provide that prevention methodology did not advertisers to satisfy.
clashing campaigns. They mechanism and that support account for the wildly However, in the past
are understood to have
dismayed courtiers at
Buckingham Palace,
system in our communities.
Particularly that support in
the early years of life.”
Netflix retunes varying lengths of its
programmes. “This way,
short and long titles are
12 months it has started
releasing snapshot
ratings of its most
who normally co-
ordinate their work.
Meghan visited the
Among the former
offenders she met was Julie
Muir, who now works as
viewing figures treated equally,” the
company said, noting that
BBC iPlayer and
popular series, in part to
placate actors who want
reassurance that their
Mayhew shelter in north-
west London during her
brief return from Canada.
head of recovery at the
Forward Trust. She became
addicted to drugs after
to boost ratings YouTube calculated views
in a similar way.
It insisted that the two-
work has an audience.
In its fourth-quarter
report Netflix said that it
I
The caption read: “The family problems when a t’s the easiest way for the number of people minute threshold was had 167 million global
Duchess of Sussex popped teenager. Asked why most a television service who watch its series and long enough to indicate paying subscribers at the
in to see the amazing people ended up committing to boost its ratings: films, at a stroke lifting that viewers’ choice was end of last year, up from
people at Mayhew to hear crimes and going to jail, she change the way they audiences by a third. intentional and they had 158 million in September.
about the incredible replied: “It’s all to do with are counted From now on the not clicked on a The company’s revenue
trauma in the early years — (Matthew Moore writes). streaming platform will programme by mistake. for the quarter was
The duchess yesterday in parents separating, domestic abuse, Netflix has quietly define a “view” as anyone The manoeuvre raised $5.47 billion.
Cardiff, where she spoke of addiction, children not being given altered how it calculates who watches a show for eyebrows in the media Simon Duke, page 41
her time as a new mother the right emotional tools.”
18 2G M Thursday January 23 2020 | the times
News
IN THE TIMES
T O M O R ROW Blood test to predict menopause
Kaya Burgess levels of AMH as they approach the of Women’s Health Across the Boston, another lead author said. He
menopause. Nation in the United States, which added that the study “followed the
A blood test could be used to predict “Establishing a way to measure monitored women’s health as they same women year after year from
when a woman will experience the time to the final menstrual period went through the transitional time well before menopause until well
menopause two years in advance, has long been the holy grail of meno- during which their periods ended after, to get the kind of data necessa-
scientists have said. pause research,” Nanette Santoro of and the menopause began. ry to be able to demonstrate the
The results would show whether it the University of Colorado Medical Their blood samples were tested predictive value of AMH”.
would be likely to happen within the School, one of the study’s lead for levels of AMH and for follicle- The study was published in the
next 12 to 24 months and could authors, said. stimulating hormone (FSH), using Journal of Clinical Endocrinology and
influence a range of health decisions, “Using bleeding patterns or previ- the most sensitive test developed for Metabolism.
researchers said. ously available tests to predict the AMH levels. The results showed that Researchers said that average life
BRICKS & MORTAR Immature egg cells in the ovaries time to menopause can only help us it is possible to use AMH levels to expectancy for American women
are surrounded by granulosa cells, narrow the window to a four-year predict when a woman will have her had increased from 47 to 79 since
DOWNSIZE DOWNTON-STYLE which produce the anti-Müllerian period, which is not clinically useful. final period up to two years before it 1900, but the average age of the final
Live in a converted stately home hormone (AMH), helping the devel- Women can make better medical happened. menstrual period had only increased
PULLOUT opment of the ovarian follicles from decisions with the more complete “Researchers have long thought from 45 to 51, meaning that women
which mature eggs emerge. information offered by new, more AMH would be a superior marker of now live for much longer after the
Scientists have found that measur- sensitive anti-Müllerian hormone the time to menopause, but tests menopause.
ARTS ing the levels of AMH in a woman’s measurements.” haven’t been sensitive enough to They said that previous tests,
blood can give doctors clues about Her team analysed blood tests detect the very, very low levels that which analysed FSH levels, could
WHEN BAKE OFF MET BROADWAY how many eggs she has left. Women conducted on 1,537 women between occur in the year or two leading up to only “measure ovarian reserve
Henry Bird talks to the actress and are born with a lifetime’s supply of the ages of 42 and 63. These were menopause,” Joel Finkelstein of the indirectly” and fluctuated through-
composer Sara Bareilles eggs and this decreases along with taken from a study called the Study Massachusetts General Hospital in out the menstrual cycle.
PULLOUT
News
OWEN HUMPHREYS/PA
Homeowners in Skipsea,
Help! Our in the East Riding of
Yorkshire, feel abandoned
homes are by officials as they watch
the sea eat away at their
falling into cliff-top properties
R
esidents Deborah Hawksley,
whose homes who has a holiday chalet
are at risk of in Skipsea, said the
tumbling into thought of losing her
the sea need cliff-top home was
government help, East utterly devastating.
Yorkshire councillors Ms Hawksley, 61, a
say (Emma Yeomans former opera singer, said
writes). that she felt abandoned
More than 200 homes by officials. “There are
on the Holderness coast times when the sea is
are expected to be lost hitting this cliff,” she
in the next century, with said. “Then you realise
24 likely to vanish in five it’s metres from your
years. home. And there’s
The East Riding nothing you can do.
council is calling on the Once this has gone, we
government to help lose our slice of
people who face having paradise.”
to pay thousands of Ms Hawksley said that
pounds to demolish their she would pay to
homes and move to demolish the home. But
another site. Monitoring she added: “What a
of the soft cliffs has terrible way to have to
found that one stretch spend your money.”
T
and they will lean on their rustic pine to the steam. However, he found that he formula Coarsely ground how a ground coffee grain should be-
bar with a serious expression and give other factors are also in play. “The won’t on its Expert tips coffee will have less of have when exposed to steam and pres-
the same response: it is all in the grind, strength increases only up to a point.” own guarantee a body and be slightly sure. Then, for a paper in the journal
they will say, and the finer the particles, That point, typically, comes at a coarser a perfect cup 6 Measure your coffee more acidic thanks to Matter, they produced a model of the
the stronger the coffee. grind than is used in most espressos. (Emma Yeomans by weight, not volume, the shorter brewing behaviour of an espresso “bed”, the
Scientists have news that will send The findings imply that if you grind writes). as different grinds vary time as water passes container that holds the coffee in the
shockwaves around the most hipster of less you also need less coffee to achieve George Hood, a in density. through quickly. A machine.
coffee shops. For the optimal espresso the same taste. When they tried out barista with the 6 Grind just before longer brew will give When they tested the model in Bris-
baristas should, in fact, be grinding less. their recommendations in a coffee shop Colombian Coffee brewing. more bitter, even bane’s award-winning Frisky Goat
Through mathematical modelling in Oregon the results were impressive. Company, said: “The overdeveloped coffee; Espresso café, there was a surprise: “It
and experimental measurements, re- Over the course of a year the shop used most important part 6 Do not boil the water: the midpoint is where turns out the theory did really well, ex-
searchers have found that after a cer- 25 per cent less coffee — with its dis- is the coffee. If it’s a 91C to 96C is best. sweeter flavours cept for if you set the grinder too fine.”
tain point the more finely a coffee is cerning clientele none the wiser. basic filter coffee, you emerge. The coffee’s “If you overgrind your coffee, the
ground the less strong it is — and the There is a quote, attributed to the don’t want an roast also matters. “If small particles clog up,” Dr Foster said.
espresso it produces will be more in- Hungarian mathematician Alfred Ren- espresso grind, which bitter, try grinding it it’s lightly roasted, it “The water can’t reach those bits and so
consistent. yi, that “A mathematician is a machine is really fine. coarser. will be more acidic,” it’s wasted.”
The reason, they believe, is that finer for turning coffee into theorems.” Yet “Beyond that the “All the varieties we he added. “If it’s Espressos are notoriously difficult to
grains clump together and clog the despite the drink’s importance to the grind doesn’t really use are grown at high darker, like Italian produce consistently. He thinks this
flow. “Conventional wisdom is that if trade, mathematicians had never stud- matter as you can altitude, so are very varieties, it tends to may be why. “The clogging is an unpre-
you grind finer you get stronger coffee,” ied it. “It’s somewhat rare to find a prob- play with it. If it’s too acidic,” he added. be more bitter.” dictable and chaotic process. What you
Jamie Foster, the University of Ports- lem where mathematicians haven’t need is for the water to flow uniformly.”
the times | Thursday January 23 2020 2G M 21
News
TIMES PHOTOGRAPHER JAMES GLOSSOP
Oxfam to cut
staff after Haiti
scandal leaves
£16m shortfall
Sean O’Neill Chief Reporter compliance and assurance framework”
has been expensive but adds that
Oxfam will lay off scores of staff as it Oxfam has also been hit by factors
tries to fill a £16 million shortfall in its affecting the charity sector as a whole.
budget, The Times has learnt. The Charities Aid Foundation’s 2019
It is the second big cutback in the two report on donations found a “steady
years since employees were accused of decline” in people giving to charity
sexual misconduct in Haiti. combined with a significant loss of trust
In a leaked memo to staff, Danny in charities. International humanitar-
Sriskandarajah, the chief executive, ian organisations were also affected by
warned of a “difficult time” and said a reduction in donations for overseas
“the [budget] gap must be filled primari- aid and disaster relief.
ly by reducing our core costs”. Mr Sriskandarajah said in a speech
Oxfam had income of £434 million in last year that he wanted to make Oxfam
the year 2018-19 but the memo says it “less corporate and less wedded to our
faces a deficit of £7 million for 2019-20 brands” and hoped it would move
and a further deficit of £9 million in towards supporting the work of others
2020-21 unless action is taken. and become more of a campaigning
Mr Sriskandarajah said he would be organisation.
bringing forward plans to “review the Oxfam said it had brought forward its
size and shape of Oxfam GB” and the review process because of cost pres- Burning bright An actor playing Robert Burns is illuminated by lanterns in St Giles’ Cathedral in Edinburgh. This year Burns
process would begin by reducing the sures and “the challenging environ- Night, Saturday, January 25, coincides with the Chinese new year, an alignment that won’t happen again for another 76 years
ment for charity fundraising”. The
The Times Unite trade union said it was speaking
revealed
that staff
were using
to the Oxfam management.
In his memo, Mr Sriskandarajah,
who took charge of Oxfam after Mark
Goldring resigned in 2018, said: “This
BBC top job may be unfilled for months
prostitutes
in Haiti will be a difficult time for many. I am Matthew Moore Media Correspondent chairman of the National Gallery. If the strong external candidates should they
acutely conscious that some of you board selects an outsider this person wish to apply. Tim Davie, boss of BBC
have gone through multiple change The BBC could be without a permanent would have to serve their notice, leav- Studios, and Charlotte Moore, director
number of senior managers. After the processes before, including the most director-general for months at the most ing the BBC without a leader just as the of content, are the BBC frontrunners,
Haiti scandal, when The Times revealed recent one in 2018, and I know the sav- critical time in its history if an external government fleshes out its plans to re- although many staff support Bob Shen-
a cover-up of serious sexual miscon- ings we have asked you to make have candidate is appointed, sources claim. form the corporation’s funding. No 10 nan, the ex-Radio 2 controller who is
duct, Oxfam cut 100 staff after already added to your workload.” Lord Hall of Birkenhead steps down has indicated it will seek to replace the now group managing director.
donations declined sharply. While He said Oxfam had to change if it was this summer but the hunt for a replace- next director-general if they are not Meanwhile it was confirmed last
Oxfam shops last month had their best to respond to “big shifts in the land- ment has barely begun. A job descrip- committed to reform. night that Victoria Derbyshire on BBC 2
Christmas in eight years, the memo scape for international development”. tion is still being written and the advert Adding to the pressure, the first over- will be axed in cuts to news budgets re-
said that “this will not solve the finan- In its inquiry report on the Haiti is unlikely to appear until next month. 75s will receive demands for the licence vealed by The Times. The show, which
cial challenges we face”. scandal, published last June, the Char- Applicants will be expected to pro- fee in June. Age UK has warned hun- began in 2015, won awards for its jour-
The charity was forced to withdraw ity Commission condemned Oxfam for duce detailed visions for the national dreds of thousands of older people could nalism but failed to attract large ratings.
from applying for new funds from the tolerating “a culture of poor behaviour” broadcaster and attend interviews or- struggle to pay utility bills if they are George Osborne, the former chan-
UK aid budget and remains cut off from among some of its aid workers and is- ganised by the BBC nominations com- forced to find the extra £154.50 a year. cellor, told Today on Radio 4 that who-
that source of income until ministers sued an official warning over the mis- mittee led by its chairman Sir David Jay Hunt, the former BBC and C4 ever takes the job of director-general
are satisfied that it has reformed its management of the charity. The com- Clementi. Sources said that the board executive now at Apple TV, Alex must review the licence fee because
safeguarding practices. mission called on Oxfam’s bosses to de- was expected to name a successor by Mahon, the C4 chief executive, and Jane “relying on a way the BBC was funded
The memo says investment in “our vise and implement a plan for change. the time Lord Hall leaves to take over as Turton, of All3Media, are considered 50 years ago is not going to work”.
22 1G M Thursday January 23 2020 | the times
News
TIMES PHOTOGRAPHER JAMES GLOSSOP
News
CHRISTOPHE ENA/AP
C
outure has woe betide the woman floor-sweeping billow of
always been who tried to sit down in more black.
the most a pansy-strewn black Yesterday evening was
fantasy-fuelled number that sported not the turn of an Italian
variety of so much a bustle as a designer who is similarly
fashion and the nature of balloon. fearless when it comes
those fantasies — Just in case anyone to both colour and
unmitigated as they are had forgotten it was volume. Valentino’s
— can be revealing. Givenchy that created Pierpaolo Piccioli threw
What does the woman the Duchess of Sussex’s contrasting hues
for whom money is no wedding dress in 2018, together with his typical
object want to wear in there was also a bridal audacity, to wit an eau
2020? Does she still want froth of flower-appliquéd de nil bustier with long
to be a princess, or is she lace. Kaia Gerber, Cindy red skirt and even
more interested in being Crawford’s daughter, was longer fuchsia opera
the prince? the model charged with coat. Prints had an
Givenchy’s spring/ manoeuvring not a mere orientalist feel, stylised
summer show gave her veil, but what might best goldfish and blossoms
options for both, with be described as a animating ensembles
gowns so gargantuan chrysalis. that were all about
they put the meh in any Yet Givenchy’s British wowing after dark.
mere meringue: artistic director, Clare What’s clear is that the
spectacular coalescences Waight Keller, built modern couture
of form and colour that her career on her Valentino’s designs were all about wowing after dark, while Givenchy dresses customer still wants to
referenced the geometry tailoring, so there was put the meh in any mere meringue. Franck Sorbier sent his models out on horses go to the ball.
News
JIM MARSHALL PHOTOGRAPHY
D
avos 2020 started with the this data with galactic impartiality, and west coast states. embracing extremism is the last
heavyweight political might wonder at how odd this is. Back at the time of that Thatcher thing you’d admit to.
contest of the world, Why would the threat or otherwise speech, though there was rancour Or let’s say that you want to
Trump v Thunberg. The from CO2 emissions be an enough, there was a general belief in engage with older voters who you
battle between world views ideological question? It’s not as the West and elsewhere that might think are a bit racist, but who
could hardly be more physically though left and right literally something had been settled. We no
embodied. Pony-tail versus
improbable quiff, pink hoodie versus
inhabited separate planets, subject to
different scientific laws.
longer lived in a bipolar world where
everything had to be navigated
Cultural curators find
expensive suit and stars-and-stripes
pin, meaty frame versus vegan wisp.
Or perhaps the wonderer might be
a visitor from just a few years ago.
between two opposing stars. Those
were the halcyon days when the
polarising characters
And on the sidelines the rest of us,
invited by partisans to take one side
That was when these words were
addressed to the UN: “What we are
establishment of Soros-funded
institutions in Soviet bloc countries
to try to stir up anger
or another on just about everything. now doing to the world, by adding to help develop democratic habits don’t believe they are. If that was
This is not a column about climate greenhouse gases to the air at an seemed a consensual act. Greta Thunberg renewed hostilities your brief would you go about it by
change, but it starts there because it’s unprecedented rate — all this is new Not since the days of Stalin and his with Donald Trump at Davos this week shoving placards in their faces?
the exemplar of how polarisation in the experience of the earth . . . the pseudo-biologist Lysenko has science And this goes both ways. That
may be driving us mad. Two problem of global climate change is been ideologically driven: viruses, about Big Ben, their entire motive Hillary Clinton won several million
sentences in particular of the US resistant bacteria, melting ice caps, being to rub the hated Remainers’ more votes than Trump in 2016 is
president’s Davos address stood out
to me. “These alarmists [climate
Not since the days of the challenge of massive
technological change are common
noses in their defeat.
Our cultural curators seek out
important for conscientious
Republicans. They shouldn’t worry
activists] always demand the same
thing,” he said, “absolute power to
Stalin has science been problems with common (if complex)
solutions. Yet increasingly everything
polarising characters to get us
fighting with each other rather than
about what happens if they lose in
2020, but what happens if they win.
dominate, transform and control
every aspect of our lives. We will
so ideologically driven is treated as though it was a matter
for partisan contention. We find our
trying to solve problems. You put an
actor on a political panel show, he
The political structure increasingly
works against the country’s political
never let radical socialists destroy one that affects us all and action will camp, locate our tribe and set about sounds off about stuff which he has majority. The senators from Kansas
our economy, wreck our country or only be effective if it is taken at the the business of mutual reinforcement. clearly never thought deeply about and Idaho might easily outvote those
eradicate our liberty.” international level.” The leaders of the tribes gain their before and, bingo, you have your from California, and the president
At almost the same time as I was Obama? European subsidy-junkie positions by telling their audiences desired outcome — outrage. Now chosen by electoral college might
watching a recording of this speech I or regulation-loving quangocrat? how very, very right they are and Laurence Fox appears on everything. decide the future of the Supreme
came across an article by the Perhaps you’re way ahead of me. You how very, very wrong are the others. And everyone is shouting at each Court, but they should remember
intelligent left-wing activist George spotted my trap and know it was In this situation argument and other. The tribes reinforce those what happens when a system is too
Monbiot. He wrote: “If seeking to Margaret Thatcher. Yet, 30 years on, persuasion become lost arts. Large beliefs in their virtue and rightness obviously rigged against a majority.
defend life on Earth defines us as the most vociferous of those who branches of the Labour Party invite that they already possessed. I’m not the Archbishop of
extremists, we have no choice but to claim her political legacy have it fringe far-leftists to instruct their Polarised talk becomes polarised Canterbury. I feel the tug of
own the label. We are extremists for almost as an item of faith that Trump members, where once these folk action. When the primary school partisanship and pleasure of self-
the extension of justice and the is broadly right about climate change. were consigned to Workers’ Struggle curriculum changed in the past righteousness. But at some point, if
perpetuation of life.” It’s a question of sides. In many meetings in a small room above a people didn’t noisily picket their local we’re to avert disaster, we have to
Last summer Pew Research European countries the old social dingy pub. Rather than begin to deal schools. Except maybe in some areas look at the folks in the other tribe
published polling showing that in the democratic parties have faded and the with the new reality, triumphant of Northern Ireland. Now, in and really try to understand what we
US there is a growing belief that political momentum is behind the hard Brexiteers concoct an argument Birmingham, they do. Meanwhile, have in common.
28 1G M Thursday January 23 2020 | the times
Comment
Y
body determinedly lowers its down in response to diets or cuts inflammation and keeps cells esterday I put my name to
I
t’s new year, time for new diets metabolic rate and ups its fat storage overeating, is controlled by chemical flexible. But it goes off fast and has an open letter inviting
and new theories on why the to protect against future famines. messages from our unconscious no shelf life, so it has been ruthlessly millionaires and
world is getting inexorably fatter. Jenkinson wants solutions because brain. We can override those in the cut from modern foods and from billionaires around the
Evenings out are not a lot of fun. he knows how recent and short term but in the long term the intensively farmed animals’ feed, world to join the demand
I am surrounded by friends overwhelming the global weight body’s insistent demands and replaced by omega 6 from seeds like for higher and fairer taxes on the
looking glumly into their water problem is. Obesity only began to mechanisms always triumph. rape and soybean, which increase very wealthiest, and for international
glasses over dinner, refusing wine climb in the late Seventies, after That set point is decided by our inflammation. reforms to stop tax dodging.
and cheese, butter and steak, looking America produced guidelines environment, history and genes. Jenkinson points out that countries I joined 120 other people from eight
anxiously at the apps on their wrists recommending diets low in saturated People with thrifty genes, because which still have high omega 3 ratios, countries, including Paul Polman, the
to check whether they’ve hit 12,000 fat, and the sugar, oils and processed their ancestors survived inhospitable like Japan, have low obesity. But in former chief executive of Unilever,
steps or 1,200 calories. Others decide food in the world’s intake started to environments, like Solomon some western cities the ratio of and the director Richard Curtis, in
not to come out at all. Why be dull in soar. That’s what’s disrupting our Islanders or the descendants of omega 3 to omega 6 is 1:50, meaning what at first glance seems an
company when they could be bodies’ inbuilt weight controls. Now transported slaves, will put on weight almost none of the critically antithetical move from people lucky
scourging themselves with a couple most of us live in obesogenic more easily, as will the children of necessary omega 3 is reaching our enough to have very high paying jobs.
of hours at Pilates or the gym? obese mothers. Others will burn off cells. We must reverse that. I didn’t hesitate when asked to sign, it
Andrew Jenkinson is a bariatric
surgeon who has spent 15 years
Medical advances have excess. In general though, the sharp
rise in sugar, carbohydrates and
He wants us to make time for the
pleasure of preparing unprocessed,
was absolutely the right thing to do.
Inequality is not inevitable, it’s a
studying this issue, treating people
who’ve been tortured beyond
been nullified by unnatural fats has created a mass
disruption of that set point upwards.
home-cooked food; good meat, fish,
dairy and vegetables. Eating keeps
policy choice. It’s the product of
governments passing policies that
endurance by trying to control their
weight. His agonised patients have
new lifestyle diseases Losing weight is not a matter of
willpower but of resetting it
the metabolic rate high and the
rituals of having meals together
favour the very wealthy at the
expense of the less fortunate. New
been reporting that they do what’s environments, fighting fatness, downwards, changing the makes us happy. Resting and estimates show that almost half of the
recommended, losing weight on any surrounded by unnatural food and environmental signals the body sleeping more cuts stress and hunger world’s population is trying to survive
and every diet, only to gain it all plagued by newly widespread receives. That’s what Jenkinson hormones. Exercising three times a on $5.50 a day or less, and that the
back and more. Jenkinson began to diseases: high blood pressure, heart prescribes. week, for 20 minutes, is vital, not to rate of poverty reduction has halved
wonder why. In his new book, Why disease, type 2 diabetes, depression His message is for individuals work off food directly but to build since 2013. In the last decade the
We Eat (Too Much), he’s concluded and cancer. wanting help, not industry or muscle, lower insulin and reduce the number of billionaires has doubled.
that most official advice about diet, The consequence is that the life government, who may block their set point for our weight. This inequality is the driving force
exercise and health is wrong. expectancy for a working-class man ears. It’s one of enjoyment, not He promises no incredible behind both societal breakdown and
A calorie is not just a calorie, is 73, the same as for a Victorian man deprivation, summed up by “eat solutions, no drastic fat loss, no the very real climate crisis we face.
regardless of where it is from. A once he had survived past the age of more, rest more”. The first priority is scourging or short-term January Fixing this broken economy might
carbohydrate-based, low-fat, meat- five. Medical advances have been to slash insulin, which drives fat misery, just a gradual improvement feel too complex to many world
minimising regime, like the nullified by lifestyle diseases which storage. Sugar, corn and modern in metabolic health, weight and leaders, so let the millionaires help
government’s EatWell plate, is our expensive healthcare system is bread are banned but he doesn’t wellbeing over months and years. I get you started. Tax them. Tax them
wrecking our bodies. Saturated fat struggling to treat. The big question advocate the misery of a high-fat, hope he’s listened to. more and do it now.
As people in this pay bracket, we
enjoy more power and privilege than
most. Wealth inequality entrenches
Janice Turner Notebook this: those who are already wealthy
accrue more wealth, such as profit
wave a cheery goodbye, leaving my
The tenants friend to clean up the detritus. “Like
running a knocking shop.”
shinning up their trunks to harvest a
ripe fruit for breakfast.
Then, in Sri Lanka, I visited a
checkout till, people shrugged: surely
only shoplifters would object? The
latest phones can be opened with
on investments, widening the gap
between themselves and those who
can’t afford to invest or save. This
W
for a phone call. “My son is very omen who bathrooms. Any high-resolution his assistant, and a multinational
I
asked a friend why she’d stopped busy,” they’d say dolefully. My kind wear floral CCTV footage can be run through company can pay less tax than a
letting out her little garden friend often took pity on them, pyjamas in the facial-recognition algorithms. Why corner shop. This may be legal but it
guesthouse on Airbnb and she organising sightseeing street were named not use it to identify our own public is still wrong.
reeled off the types of maddening itineraries. “But in the end,” and shamed by nuisances: litterers, pavement Internationally, tax avoidance and
tenant who, since they were she says, “they were just government cyclists, those who don’t clean up evasion has reached epidemic
sleeping about 20 metres from her making me too sad.” authorities in eastern after their dogs? The technology is proportions. Poor countries lose an
home, she disliked but couldn’t avoid. China armed with already here, while social media has estimated $100 billion a year in tax
First were the rude ones who Fruit fool facial recognition given us a taste for spiteful public revenue. And when big businesses
T
never thanked her partner when he hat one in 20 technology and tasked shame. China’s pyjama police will be and the super-rich don’t pay their
carried their suitcases, including British people with eliminating ours soon enough. fair share of tax, everyone else pays
some elderly South Africans who believes potatoes and “uncivilised behaviour”. the price. As Oxfam argued this
moaned bitterly how they no longer parsnips grow on trees — As the owner of a Moderately amusing week, a world in which 22 men own
A
had servants at home. Then came according to a report by the dozen pairs of cosy Corbynite conspiracy theory is more wealth than all the 325 million
the cheapskates who booked a single Mushroom Bureau — is pyjamas, which I wear going around that Jess Phillips women in Africa is unsustainable,
night only later to ask if it was OK seen as further proof of at all hours (albeit only stood as leader to act as a not to mention obscene. Those of us
for them to hold a family christening how estranged we are indoors), I am aghast. membership magnet, to attract who are in a privileged position
party in her garden. “So cheeky! from nature. But it But also note that this centrists back into the party who should contribute more, not less.
They want a venue for 50 people for reminded me of the first is how the surveillance would go on to vote for Sir Keir Our fractured world is repairable,
less than a hundred quid!” time I saw a pineapple state spreads its reach: Starmer. What a dastardly plot. Yet it we can build a more equal society
She was also weary of “the in the wild. Such exotic, by slowly insinuating presupposes a level of organisation where the richest contribute their
bonkers”: young (mainly Asian) lovers ostentatious fruit, I’d itself into irritating Labour’s moderate wing hasn’t had fair share. Our politicians must
who lived with their parents and assumed, must grow everyday matters. since the days of Blair — or it govern in the interests of all, not just
sought a brief private assignation. The nestled in tall, swaying When I complained wouldn’t be in its current mess. those with the deepest pockets.
blinds would go down in the middle trees similar to coconut that Sainsbury’s had
of the afternoon then, a few hours palms. I imagined lucky positioned a camera Simon Pegg is an actor, screenwriter
later, the flushed couple emerged to pineapple tree owners over each self- @victoriapeckham and producer
the times | Thursday January 23 2020 1G M 29
Comment
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E
veryone loves a good reduced some tariffs and removed The US remains in the early stages the world not to use Huawei in ally. So far it has said that it would
fairytale and Davos, where the threat of the imposition of more. of a much larger economic cold war building their 5G networks. Critics keep the issue separate from the
each January the world’s US officials insist talks on a with China that centres on planned negotiations over a
richest people come to tell
each other about their
phase-two deal that would remove
all tariffs and restore peace are
technology. The immediate
battlefront in that war is the global
The question is how far post-Brexit trade deal with Britain,
but it may not stay that way.
commitment to equality and social already under way but no one is competition for 5G networks, the efforts will be taken to “The UK has a mixed record on
justice, is as good a place as holding their breath. latest in communications that Huawei, but we’re working with
anywhere to enjoy the genre. For genuine peace to break out, will dramatically speed up the dissuade its key ally them. We’re trying to show them
This year the simple moral fable the US is looking for China to make ability of business and consumers different options,” Larry Kudlow,
that held the denizens of the Swiss to download, interact and generally say this is, in essence, a form of Mr Trump’s economic adviser and an
resort in rapt attention was the story
of St Greta and the Great Orange
The likelihood of a enhance their digital and
electronic productivity.
barely disguised protectionism, that
the Huawei threat is overstated and
enthusiastic backer of a US trade
deal with Britain, said.
Monster. While Greta Thunberg, genuine US-China Just about everyone acknowledges that the US is simply trying to When pressed on whether the US
the secular child-saint, was that Huawei Technologies, the impede the commercial success of a might use the trade negotiations to
castigating the world’s business and peace deal is remote Chinese company, is the leader in the rival Chinese company. influence the Huawei decision, Mr
political leaders for not committing global competition to build these To counter that criticism, officials Kudlow said, enigmatically, not “at
to carbon neutrality by next the kind of change — the reduction networks. Huawei is, like all Chinese told me, their ideal outcome would this point”.
Christmas, Donald Trump was of the role of government in the companies, closely invigilated by the be a US-European joint venture that Much will depend on the judgment
performing to a very different script, Chinese economy — that would Chinese Communist Party. could produce networks just as well of a famously mercurial president.
denouncing “prophets of doom” and essentially entail the transformation In the US view, widely supported as Huawei. But for now that Does he want a trade deal with his
hailing the economic nirvana that of the state-directed communism by intelligence assessments, Huawei’s alternative does not exist. friend the prime minister so much
has already arrived — at least in that is core to its political and accountability to political masters is Britain, of course, is in America’s that he will look past this skirmish
the United States. economic model. so great that any network that the sights, with Boris Johnson’s in his larger tech war with China?
But if the dissonance between the The US objectives remind me a company builds is going to be in government set to approve a Or might he decide that the China
planet-destroying American little of the scene from Monty effect a portal for the Chinese contract with the Chinese company fight is the bigger priority?
president and the self-designated Python’s Life of Brian when the government to spy on the activities any day now. Last week there was an This is one story not guaranteed a
saviours of the world was the most People’s Front of Judea demand that of anyone using it. So the US has explosive meeting in London happy ending.
30 1G M Thursday January 23 2020 | the times
Letters to the Editor should be sent to
Letters to the Editor letters@thetimes.co.uk or by post to
1 London Bridge Street, London SE1 9GF
6We wrongly said that Sir Patrick HONOURS the history of their community in
those days. Their community had
struggle was one which commended
itself to them because their
with the bedroom window open
(Times2, Jan 21). He obviously does
McLoughlin and Lord Deighton, two done its share nobly in the war. They community throughout the not live under the flight path to
parliamentary members of the asked no credit for that; they generations had suffered from the Heathrow. Planes fly over until at
Houses of Parliament restoration and from the times january 23, 1920 recognized that Jewish citizens denial of liberty and the refusal of least 11pm and start up again at
renewal shadow sponsor board, “will should devote the best of their equality. 4.30am. Not much chance of eight
each be paid £24,000 a year for two The Lord Chief Justice, Lord efforts to the defence of this country, Lord Birkenhead, replying to the hours’ peaceful rest, even with the
days work a month” (“Ex-MoD chief Reading, presided over a large which had shown so much regard for toast of Law and History, which was window firmly shut.
will be paid £300,000 a year to deliver company, which comprised most of civil and religious liberty. (Cheers.) It submitted by Mr Israel Zangwill, said Elizabeth Balsom
parliament’s facelift”, news, Jan 22). the leading members of the Jewish was computed that the Jewish he was immensely surprised to learn London SW15
No parliamentarian is paid for board community resident in this country, community in the United Kingdom that in the population of these
duties by the restoration programme. at a dinner given at the Connaught numbered altogether 275,000 men, islands there were only 275,000
We are
Rooms in Holborn last night, in
celebration of peace and in honour
women, and children. To that
number might be added 145,000
members of the Jewish community.
If he were a Jew he would be proud
Nature of the beast
committed to of the semi-jubilee of the Jewish Jews in the British Dominions, of nothing more than that so Sir, Matthew Parris writes that the
abiding by the Historical Society of England. The Colonies, and Possessions, making a infinitesimal a proportion of the former Bolsover MP Dennis Skinner
Independent American Ambassador and the total of 420,000 in the Empire. Of total population had played so could be “a sour old thing” (My
Press Standards Organisation rules and
regulations and the Editors’ Code of Chinese Minister were among the that number just over 50,000 immense and so determined a part Week, Jan 22). Maybe so, but it’s not
Practice that IPSO enforces. Requests guests. belonged to some branch of his in the destinies of our national life. the whole story, as an anagram of his
for corrections or clarifications should The Chairman, in proposing the Majesty’s Forces. Those who died, name is “inner kindness”.
be sent to feedback@thetimes.co.uk or toast of the Jewish Historical Society died gladly for a cause which was Tim Moorey
by post to Feedback, The Times, 1 of England, said that from the early worthy of them. Of those who thetimes.co.uk/archive Crossword setter for The Times,
London Bridge Street, London SE1 9GF London EC1
the times | Thursday January 23 2020 1G M 31
Leading articles
World
MBS ‘taunted Bezos
about secret affair
after phone hack’
Saudi Arabia for but failed to stop the mission that
fatally targeted Mr Khashoggi.”
Ben Hoyle
Jeff Bezos received a message taunting
Malware that Mr Bezos once enjoyed warm rela-
tions with Saudi Arabia and in April
him about his collapsing marriage from
the personal phone of Crown Prince
Mohammed bin Salman of Saudi
reveals all you 2018 he swapped numbers with MBS at
a dinner in Los Angeles, providing the
two of them with the contacts to set up
Arabia long before his extramarital
affair became public knowledge, the
say and do a WhatsApp exchange. At the time Mr
Bezos, 56, was pursuing a $1 billion con-
United Nations has confirmed. tract to build three data centres in Saudi
A photograph of a woman loosely Behind the story Arabia for Amazon Web Services, the
resembling the Amazon billionaire’s cloud computing business that powers
C
secret girlfriend was sent to Mr Bezos ybersecurity experts Amazon’s corporate empire.
from a WhatsApp account belonging to commenting on the However, a much smaller part of his
the prince, known as MBS, “along with alleged hacking of Jeff portfolio, The Washington Post, was
a sardonic caption”, according to Agnès Bezos’s phone are already becoming what the billionaire
Callamard and David Kaye, two UN increasingly bringing has since called “a complexifier” in his
special rapporteurs. up the name Pegasus (Tom dealings with Riyadh. Its editors had
The message arrived just over a Knowles writes). hired Khashoggi, a dissident in self-im-
month after the murder of Jamal Khas- This is a highly sophisticated posed exile, as an opinion writer. His
hoggi, the Saudi dissident who had malware created by NSO Group, first column, stating that Saudi Arabia
written a column for The Washington an Israeli cybersurveillance firm was “repressive” and “unbearable” was
Post, which Mr Bezos owns. It was ap- whose clients include states such published in September 2017.
parently intended to silence the paper’s as Saudi Arabia, Bahrain and On November 8, Mr Bezos received
critical reporting of Saudi Arabia. Mexico. the text with the picture of a woman
The newspaper had been publishing Last October WhatsApp, who looked slightly like Lauren Sán-
“ever-expanding revelations about the owned by Facebook, urged its chez, 50, a pilot and former TV host
role of the Saudi government and of the 1.5 billion users to update their with whom he was having a then clan-
crown prince personally” in the killing app immediately after it found destine affair. It was sent “precisely dur-
and a consequent backlash against Mr that Pegasus had been installed ing the period Bezos and his wife were
Bezos, Amazon and itself on social on thousands of phones via the exploring divorce”, according to the
media in Saudi Arabia, the UN said. messaging service. Included were report compiled for the billionaire by
Khashoggi was killed inside the devices belonging to at least 100 Anthony Ferrante, a former FBI and
Saudi Arabian consulate in Istanbul on journalists, human rights White House cybersecurity chief.
October 2, 2018, a crime that MBS has activists and political dissidents. The accompanying message read:
claimed was carried out without his From a hacker’s perspective, “Arguing with a woman is like reading
knowledge by rogue operatives. the beauty of Pegasus is that the Software License agreement. In the
Yesterday the two UN officials, who when it runs on a phone, the user end you have to ignore everything and
have seen a report on the Khashoggi is unlikely to realise because the click I agree.”
A
murder investigation, declared that device works normally. Two months later, in January last towering dust A video taken
they were “gravely concerned” and
called for an “immediate investigation
Once in the target’s phone,
spyware lets a hacker access
year, an exposé of the affair was pub-
lished in the National Enquirer, a tab-
Australians plume covering
an area larger
by drone on
Sunday captures
by US and other relevant authorities”.
According to a report commissioned
almost everything, including all
messages, emails and incoming
loid with links to President Trump —
who has been a critic of Mr Bezos, Ama-
engulfed by than Britain
was moving
the town of
Parkes in New
by Mr Bezos’s head of security last year,
several months before Khashoggi’s
or outgoing calls, as well as
pictures, cameras, microphones
zon and The Washington Post.
In February Mr Bezos hinted that dust storm across Australia yesterday
towards the cities in the
South Wales
as it lies in the
murder a malicious video file sent from and location data. WhatsApp’s Saudi Arabia was involved in a plot by east of the country, path of a huge
the prince’s WhatsApp account is be- end-to-end encryption is no help American Media, owner of the Enquir- bigger than forcing travellers away dust cloud
lieved to have compromised the billion- because it only stops people er, to blackmail him. Later that month from roads in the outback
aire’s phone and made possible the theft hacking a message in between its Gavin de Becker, Mr Bezos’s security Britain and smothering small
of a tranche of personal data. two destinations— with Pegasus adviser, hired Mr Ferrante to examine towns (Bernard Lagan
Ms Callamard, a rapporteur on sum- the hacker is already at the “end” the breach of the iPhone. In March Mr writes). The plume,
mary executions and extrajudicial kill- bit of the encryption. de Becker wrote that “investigators and
ings who has been investigating the Jake Moore, cybersecurity experts concluded with high confi-
Khashoggi case, and Mr Kaye, who ex- specialist at ESET, an internet dence” that the Saudis had taken pri-
amines violations of press freedom,
have reviewed the evidence in the re-
port and found it credible.
Phones belonging to a Saudi human
security company, said the hack
had “all the hallmarks of Pegasus
spyware” because it used an
apparently innocent video or link
vate information from the phone.
Prince Faisal bin Farhan Al-Saud,
Saudi Arabia’s foreign minister, dis-
missed the allegations as “absurd” yes-
Trump: I can’t let Bolton
rights activist and a Saudi political ac- containing a malicious file over a terday. Speaking in Davos he said: “The United States military aid to Ukraine and obstructing
tivist, both of whom were in frequent messaging app. “Engineering a idea that the crown prince would hack Congress inquiries into the allegation,
David Charter Washington
contact with Khashoggi, were also in- file to look like a photo or video Jeff Bezos’s phone is absolutely silly.” which he says is a hoax.
fected with malware in the weeks after from a contact is the perfect way Downing Street declined to com- President Trump has said he would Mr Bolton was said to be furious
Mr Bezos’s phone was corrupted. of executing the malware, so no ment on the security of UK ministers’ block John Bolton from his impeach- about the alleged interference in
The evidence “suggests the possible doubt Bezos was unaware what communications. The prime minister’s ment trial because they had fallen out Ukraine. He was barred by the White
involvement of the crown prince in sur- had occurred,” he said. spokesman said: “All ministers and MPs and his former national security advis- House from earlier hearings but has
veillance of Mr Bezos, in an effort to in- Users should beware of are routinely given advice by the er might reveal what he really thought said he is willing to testify if issued with
fluence, if not silence, The Washington unexpected links posted in National Cyber Security Centre.” of world leaders. a subpoena from the Senate.
Post’s reporting on Saudi Arabia,” they messaging groups or sent via The president dismissed calls for Mr Trump, who fired Mr Bolton last
wrote. The circumstances and timing of email. People should also use a several key officials to appear on September, told a press conference in
the surveillance also “strengthen different password for every app inside national security grounds despite the Davos: “He knows some of my thoughts
support” for a deeper look into claims and service, and where possible, Leading article, page 31 White House being accused of a cover- . . . what happens if he reveals what I
that “the crown prince ordered, incited, enable two-step authentication. Don’t touch that file: 20 things not to up. Mr Trump, 73, is on trial for abuse of think about a certain leader and it’s not
or at a minimum, was aware of planning do with your phone, Times2, pages 2-3 power by withholding $400 million in very positive . . . I don’t know if we left on
the times | Thursday January 23 2020 2G M 33
Flights grounded
as virus city goes
into quarantine from Wuhan, but have warned against
China
panic.
Richard Lloyd Parry Asia Editor
Anutin Charnvirakul, Thailand’s
The Chinese city at the centre of the public health minister, insisted that no
viral outbreak that has claimed 17 lives secondary infection had taken place in
and prompted a global health emer- his country, saying: “We checked all of
gency was effectively under quarantine them: taxi drivers, people who wheeled
last night, with all outbound flights and the wheelchairs for the patients, doc-
trains suspended and public transport tors and nurses.”
halted. Hong Kong confirmed two cases
The People’s Daily newspaper said no yesterday, including a man who had
one would be allowed to leave Wuhan, arrived on a high-speed train.
a city of 11 million in northeast China. In Wuhan pharmacies people
The transport hub has 60 international queued to buy masks but sales were
air connections, including direct flights limited to one package per customer.
to London, New York, Paris, San
Francisco and Sydney, as well as more
than a hundred domestic destinations.
The food market where the outbreak is
believed to have started is near to one of
Wuhan’s main railway stations.
As of last night at least 526 cases in
China had been confirmed as far apart
as Beijing in the north and Macau and
Hong Kong in the south.
Cases of coronavirus, which is from
the family of viruses that gave rise to
severe acute respiratory syndrome
(Sars), have also been confirmed in the
United States, Taiwan and the Philippi-
nes following diagnoses in Japan and
South Korea.
Among those suspected of being
infected, according to Chinese state
media, was Wang Guangfa, a doctor
who visited Wuhan recently with a
team of experts to investigate the virus.
After a meeting at its Geneva head-
quarters last night, the World Health
Organisation said it would decide today
whether to declare the outbreak a
global health emergency, which would
step up the international response.
Li Bin, deputy director of China’s A suspected sufferer is put into an
National Health Commission, told a incubator at Huizhou airport, China
news conference that there “has
covering more than consequence of years of Concerns have been 120,000 square miles — already been human-to-human trans- Staff in protective suits could be seen
106,000 square miles, drought which have raised about the impact an area the size of Poland. mission and infection of medical work- carrying supplies and stretchers into
turned the sky deep parched areas of the on those who suffer The dust storms follow ers”. He added: “Evidence has shown the Wuhan medical treatment centre.
orange and reduced country so there is little respiratory conditions extreme thunderstorms that the disease has been transmitted Mr Li said measures were being taken
visibility to dangerous or no remaining and many residents of that hit Canberra on through the respiratory tract and there to monitor and detect infected people.
levels as gusts of wind of vegetation to bind the soil. towns in the path of the Monday with hailstones is the possibility of viral mutation.” Compared with the prolonged cover-
up to 70 miles an hour The bureau tweeted: dust storm rushed to buy the size of golf balls, Gao Fu, head of the Chinese Centre up that followed the last serious epi-
shook homes and cars. “The dust extends into breathing masks. causing extensive damage for Disease Control, said the corona- demic in China — Sars in 2002 — the
Australia’s Bureau of New South Wales and The size of the dust to cars and buildings. The virus would continue to develop. “It has authorities have been relatively trans-
Meteorology said fierce [Victoria] and covers an storm approached the country has endured developed different features compared parent to avoid panic as hundreds of
winds sweeping across the estimated area of over infamous “Red Dawn” months of bushfires since with the early stage, and the prevention millions travel for the Lunar New Year.
outback had picked up 275,000 square kilometres that hit Australia in 2009 September, killing 29 and precautionary measures need to There are suspicions, however, that
dry, loose soil, a [106,000 square miles].” and covered more than people. change accordingly.” there are many more cases of the coro-
Mr Gao said officials were working navirus than the official tally.
on the assumption that the outbreak The Washington Post reported three
resulted from exposure to wild animals cases of Chinese people who recently
reveal my views of other world leaders sold illegally at a food market in Wuhan
and that the virus was mutating,
which could make it spread
faster, or make people who
became ill in Wuhan and died after
showing symptoms consistent
with the coronavirus. Their
bodies were hastily cremat-
the best of terms. I would say probably and Republican leaders want to wrap senator from Maine, was the only sena- acquired it sicker. In more ed and their death certifi-
not, you know, so you don’t like people up the trial without witnesses being tor to switch sides for one vote. severe cases it can cause cates listed other causes of
testifying when they didn’t leave on called. Democrats accuse the defence Mitch McConnell, the Senate major- pneumonia and breathing death.
good terms — and that was due to me, of seeking to keep key documents and ity leader, was forced by dissent from difficulties. Cathay Pacific Airways in
not due to him.” testimony away from the public. A two- Republicans to extend to three days the The largest number of Hong Kong announced
Adam Schiff, the Democratic chair- thirds vote is required to convict the time each side has to make its case and infections outside China that it would allow
man of the House intelligence commit- president. to admit evidence from the House of have been in Thailand, flight crew to wear
tee, began the prosecution case yester- Chief Justice John Roberts, who is Representatives automatically into the where four patients surgical masks while
day. Mr Schiff, 59, said that Mr Trump’s presiding, admonished both sides and record. There have been reports of a have been treated, three flying within main-
alleged actions met the fears of Amer- called for an end to “language that is possible deal, with senior Democrats of them Chinese and one land China.
ica’s founding fathers that “a man not conducive to civil discourse”. willing to hear evidence from Hunter Thai. All had been in
would seek to perpetuate himself in The rules were set for the trial in a 12- Biden, son of Joe Biden, Mr Trump’s Wuhan. Families arriving
office by inviting foreign interference in hour session on Tuesday when 11 probable election rival and the focus of Airports around the in Thailand from
cheating in an election”. amendments were voted down on his interest in Ukraine, in exchange for world have introduced air- China take
Both the White House defence team party lines. Susan Collins, a Republican Mr Bolton appearing. port monitoring of arrivals precautions
34 2G M Thursday January 23 2020 | the times
World
Poland boycotts ceremony in row over rewriting history Italian health ministry has
banned pork from China after an
outbreak of swine fever there.
The meat was hidden in a storage
Catherine Philp able to reply is unacceptable,” Mr Du- Nazi Germany, and the suffering im- the tab for the commemoration, the facility managed by a Chinese
Diplomatic Correspondent da’s spokesman said. Despite the inter- posed on eastern Europe by decades of largest gathering of world leaders in citizen near Padoa. He has been
vention of the United States, Israel has communist rule from Moscow. It goes Israel. Mr Kantor, 66, is the founder of charged with smuggling, trade in
When world leaders gather at Yad refused to let Mr Duda speak, an ac- as far as to suggest that Poland, invaded the European Jewish Congress, a vanity harmful foodstuffs and spreading
Vashem in Jerusalem today to com- knowledgement of the sensitivity and by German and Soviet forces in 1939, is project that is a rival to the World Jew- animal diseases. (Reuters)
memorate the 75th anniversary of the growing geopolitical importance of its to blame for starting the war and enthu- ish Congress, led by Ronald Lauder, an
liberation of Auschwitz, one significant relationship with Russia as Moscow siastically participating in the murder American who is Mr Netanyahu’s es- Caterpillar invasion
figure will be missing. consolidates its presence in the Middle of Jews. It airbrushes out the Molotov- tranged former patron.
President Duda of Poland is boycott- East. Ribbentrop Pact and the Soviet inva- Israel’s decision to placate Russia adds to food shortage
ing the event after he was denied a plat- Relations between Poland and Israel sion of Poland and recasts the Red over Poland is hardly surprising, even if Malawi A caterpillar invasion has
form to address the gathering alongside have also been strained amid Israeli Army solely as liberators, including of it has deeply dismayed the United affected 467,000 farmers in all
other leaders, most notably President accusations that Warsaw is trying to re- Auschwitz. States. Israel is focused on its present the country’s 28 farming districts.
Putin. Poland and Russia have many write history to play down instances of Israel has appeared happy to accept and future: it needs Russia’s permission The fall armyworm, native to the
areas of disagreement but none so pois- Polish collaboration in the Holocaust this version from the first leader in to launch airstrikes on Iranian and Americas, has hit about 355,000
onous in the context of today’s ceremo- and to criminalise mention of them. Moscow to acknowledge the Holo- Hezbollah targets in Syria. acres of crops, nearly triple that
ny as the historical revisionism sur- Russia, meanwhile, has outraged caust’s industrial slaughter of European Mr Duda will instead host a ceremo- of an invasion in 2017 that was
rounding Poland and Russia’s role in Warsaw with its own historical revi- Jewry. ny at Auschwitz on Monday that Mr declared a state of disaster. About
the Second World War. sionism surrounding what it calls the It is Moshe Kantor, a Russian billion- Putin is boycotting. More than 1,000 1.9 million people are already
“A situation in which the president of Great Patriotic War. This ignores aire with close ties to Mr Putin and Bin- survivors will join him in what may be struggling with food shortages
Poland will sit and listen to the false Stalin’s purges, the Soviet Union’s non- yamin Netanyahu, the Israeli prime the last commemoration that a signifi- after a drought that is affecting
words of President Putin without being aggression pact and collaboration with minister, who is picking up the bulk of cant number of them can still attend. much of southern Africa. (AFP)
the times | Thursday January 23 2020 2G M 35
World
140
14
veloped after flood water surged larly vulnerable. Repairs for the recent 85cm above normal levels, enough to
120
12
through the 11th-century building in damage have been estimated to cost send the sea through the basilica door.
November, smashing windows, soak- St Mark’s 100
10 €5 million. At 1.6m the water rises up the stairs
Square
ing mosaics in corrosive salt water and 8
80 Church officials want the barrier to from the narthex and enters the central
filling the crypt to the depth of a metre. 6
60 be 150m long, which would cost hall of the church.
Preliminary permission has now Proposed 1.2m-high 4
40 €3.5 million. If approved by the city’s In November water rose to 1.87m, so
been granted by city officials. “The glass protective Doge’s cultural superintendent, it would be St Mark’s Square was under a metre of
2
20
barrier is essential and feasible and we 20 metres barrier Palace sited 1.8m from the basilica wall. water. The proposed 1.2m barrier would
aim to get it in place by November, 0 Luigi Brugnaro, the mayor of Venice, have protected the church.
36 2G M Thursday January 23 2020 | the times
World
Outcry frees teenager jailed for filming hospital cockroach Asteroid put
Jordan
Jassar Tahat
a stop to
Hamo then saw another nestling
among equipment on the ward and
service company to force it to improve
standards.
issue facing the public health sector but
the administrative issue is also a major
filmed it. News that Mr Hamo had been jailed
A 19-year-old Jordanian who was jailed
for posting a video of a cockroach he
early ice age
After posting it on Facebook last
August the clip went viral, adding to a
pending trial caused outrage online
and even among MPs. “How can a
one,” he said. “The ‘cockroach case’ is
not a novelty and everyone knows that,
but the behaviour of the hospital
saw in one of the country’s biggest hos- debate in the country on underfunded cockroach send someone to jail?” one administration is new.
pitals has been released after an outcry public institutions and the state of social media user asked. “Filing a case and placing the teen- Australia
on social media. Jordan’s services. Ibrahim Badour, a former head of the ager in detention is a message meant
Bernard Lagan Sydney
Thaer Hamo was visiting his grand- The hospital reported Mr Hamo to parliamentary health committee, said for others rather than the young man
father in the intensive care unit of the the police on grounds of insulting a that the case was being used to scare himself — it’s saying that this will be our Scientists believe they have identified
al-Bashir Public Hospital in the capital, public institution. Dr Mahmoud Zrei- people out of complaining about response for anyone who does the the world’s oldest asteroid crater, which
Amman, when he noticed a cockroach kat, its director, said that the hospital underfunding and poor management same.” Yesterday, in the face of public formed more than two billion years ago
running across the floor. A caretaker had done what it could to improve at state-run hospitals. pressure, Mr Hamo was released after in the Australian outback and may have
was called, who killed the insect, but Mr conditions, last year fining the cleaning “The financial issue is not the only one night in a police cell. triggered the end of an ice age.
The 43-mile wide Yarrabubba crater
IBRAHIM AMRO/AFP/GETTY IMAGES has been known since 1979 but new
research, published in Nature Commu-
Lebanon gets nications, shows that it is the world’s
oldest known asteroid crater, eclipsing
Business
world markets (Change on the day) commodities currencies
FTSE 100 Dow Jones Gold Brent crude (6pm) £/$ £/€
7,571.92 (-38.78) 29,186.27 (-9.77) $1,557.90 (+0.20) $ $62.33 (-1.60) $ $1.3135 (+0.0088) $ €1.1848 (+0.0092) ¤
7,800 29,500 1,600 70 1.350 1.200
Business
Need to know
1
Boris Johnson is planning to
push ahead with a levy on large
Sainsbury’s After six years, a Coupe d’état
2014 Now
chief resigns
technology companies,
imposing a 2 per cent sales duty Employees 161,000
on firms such as Facebook and 178,000
Google from April and risking a
post-Brexit rift with President Market share 16.8%
Trump as he prepares to clash 16%
with the United States over tax,
trade and foreign affairs. Pages 1, 2
2
The Prince of Wales has
urged business and political
leaders at the World
Economic Forum in Davos,
after failed Supermarkets
3
South Western Railway, which executive of J Sainsbury, a year after its he insisted was not a plan B.
carries 216 million passengers failed £12 billion merger with Asda. Since Mr Coupe became chief
a year between London, Mr Coupe, 59, who has been at the executive in 2014, Sainsbury’s sales
Surrey, Berkshire, Hampshire, company for 15 years and boss for six, have grown by £6 billion to £32.4 bil-
Wiltshire, Somerset, Dorset and will hand over to Simon Roberts, 48, in lion, helped by adding Argos to the
Devon, could be nationalised June. Mr Roberts joined Sainsbury’s as business. However, profits have fallen
within months because the its retail and operations director in 2017 by 73 per cent to £239 million, while the
business is “not sustainable”, Grant after 13 years at Boots. The announce- shares are down by almost a third, more
Schapps, the transport secretary, ment sent shares in the retailer down by than any of its rivals. Jan 5, 2016 Sainsbury’s
said. Page 22 4½p, or 2 per cent, to 208p. Clive Black, an analyst at Shore confirms plans to take over
Mr Coupe’s future had been the Capital, the broker, said that Mr Coupe Argos and Habitat oowner
Home Retail Group
4
PWC, Deloitte, EY and subject of intense speculation ever had “shown immense ambitions,
KPMG, the Big Four since competition regulators scup- effectively acquiring and integrating
accounting firms, are in pered the would-be tie-up with Asda, a Argos . . . but materially over-extending
discussions with the Financial key rival, which would have created the business’s capabilities in the eyes of
Reporting Council, Britain’s audit Britain’s biggest supermarket chain. the regulator with the proposed Asda Jan 29, 2014
regulator, about a self-imposed Experts criticised Mr Coupe’s unwaver- merger”. Justin King
break-up in order to beat any ing confidence that the deal would be Mr Coupe said that stepping down steps down and
enforcement action imposed by cleared by regulators as an “expensive had been a “difficult decision for me Mike Coupe,
the government. Page 37 folly”. personally” and that “Sainsbury’s is a group
The executive also will be remem- very different business today to the one commercial
5
Tesla’s market capitalisation bered for being caught on camera I took over in 2014”. He added that the director, named
has broken through the singing “we’re in the money” while takeover of Argos had resulted in a fifth as his successor
$100 billion watershed to waiting for a television news interview of its sales coming from online. July 2016
1
secure its place as the world’s when the proposed merger was an- “There is never a good time to move Sainsbury’s
r
second largest carmaker by value nounced. on, but we and the industry continue to pulls plug
u on
and putting Elon Musk, its co- One top 20 investor in Sainsbury’s evolve and I believe now is the right Netto joint
i
founder, on course for a bumper said that Mr Coupe had “put his job and time for me to hand over,” he said. He venture
payday. Page 37 reputation on the line” with a deal that added that he was confident that Mr
would have seen Sainsbury’s leapfrog Roberts “was the right choice for our
6
Mike Coupe is to stand down Tesco to the No 1 spot. customers, our colleagues and our
as chief executive of However, Sainsbury’s always insisted investors”. 2015 2016 2017
J Sainsbury, a year after its that Mr Coupe had the full support of Sainsbury’s said that Mr Coupe
failed £12 billion merger with Asda. the board. Martin Scicluna, 68, would continue to receive his
Mr Coupe, who has been at the its chairman, called Mr £962,297 salary and benefits
company for 15 years and its boss Coupe an “exceptional until he retired in July, but he What’s in Simon Roberts’ inbox
for six, will hand over to Simon chief executive” and said was waiving his entitlement to
Roberts in June. that he had “been bold and a bonus and share awards for 6 Defend the shoppers to stay with integration of Argos and
ambitious on behalf of our 2020. supermarket group from Sainsbury’s. get its sales back on
6 Decide whether to
7
About 500 jobs are being shed shareholders, customers Mr Roberts will receive a the creep of Aldi and track after a dismal
at the Range Rover Evoque and our colleagues”. base salary of £875,000, Lidl, the discounters, keep the banking unit Christmas.
factory at Halewood on After the deal a pension benefit of into the south of after pulling out of 6 Take advantage of
Merseyside as the recession in the 7.5 per cent of salary England by ensuring mortgage lending last lease expiries to push
British motor industry bites. The Mike Coupe, left, and a bonus policy in that its new value range September. through more high
plant, which employs 4,000 will be replaced line with that of his of groceries persuades 6 Manage the street store closures and
people, also makes the Land Rover by Simon Roberts predecessor.
Discovery Sport. Page 40
8
Britain’s largest train
manufacturing plant, the
historic Litchurch Lane works
in Derby, could fall into French
Boeing is out and Musk is in as Trump climbs on
hands. Bombardier, the struggling a “very disappointing company”
Canadian train and aircraft maker, because it was hurting US growth and diary
has been in talks to sell its rail davos 2020 pulling down the Dow Jones industrial
business to Alstom, of France. average. The president is normally an Not really a ban, then The golden ticket has (rightly) secured a
Page 42 advocate of the aviation group, Amer- “Boris Johnson has David Blaine was the talk white badge this year.
ica’s leading manufacturing exporter. banned ministers from of the slopes last year The former WPP chief
9
Berkeley Group, one of James Dean US Business Editor Mr Trump, 73, said: “This is one of the sloping off to the Davos after he ate Jamie executive and Davos
Britain’s biggest upmarket great companies of the world — let’s summit,” No 10 sources Dimon’s wine glass and veteran was forced to
housebuilders, has announced President Trump yesterday lauded say as of a year ago — and then all of a briefed. “Our focus is on picked the shards from attend on a hotel badge
a £1 billion payday for shareholders Elon Musk’s “genius” as he turned cold sudden things happen.” Two crashes delivering for the his teeth. But the last year.
and pledged to sell more new on Boeing for the first time. involving Boeing’s 737 Max within six people; not champagne magician’s feat was
homes as it bets on the recovery of Mr Trump likened the achievements months in 2018 and 2019, which killed with billionaires.” Mr nothing on this year. His Force for good?
the housing market in London and of Mr Musk, co-founder and chief 346 people altogether, have left the air- Johnson’s advisers may hosts forgot to acquire Salesforce, the cloud
the South East. Page 43 executive of Tesla, to those of Thomas craft grounded since March last year. frown on Davos, but it is him an access-all-areas computing company, is
Edison, inventor of the lightbulb. In the interview, Mr Trump said that a favourite of previous white badge, but then keeping up the party
10 Demand for Riccardo Tesla’s recent rise contrasts with the he had been “worried” about Mr Musk, leaders with David managed to conjure up standards. Lenny Kravitz
Tisci’s striking designs has decline of Boeing, which has lost its 48, “because he’s one of our great Cameron, Gordon Brown a temporary last-minute is being flown in to
given Burberry the crown as the world’s leading aircraft geniuses and we have to protect our and Tony Blair on the one. Magic, indeed. perform on the final
confidence to look beyond maker as a crisis involving the 737 Max, genius”. Last year Tesla was struggling official delegates list this night of the billionaires’
challenges in its key Hong Kong its bestselling jet, drags on. to ramp up production of the Model 3, year and Theresa May Sorrell’s upgrade boondoggle. Davos ain’t
and Chinese markets and boost its In an interview with CNBC at the its new car. flown in to entertain Good to see that Davos over ’til it’s over, as the
growth forecasts. Pages 44-45 World Economic Forum in Davos yes- “We have to protect Thomas Edison; PWC’s guests. veteran Sir Martin Sorrell singer might say.
terday, Mr Trump described Boeing as we have to protect all of these people
the times | Thursday January 23 2020 1G M RM 39
Business
Welcome to
Convenience shops 611
820 elite club of What swansong for
Online sales £1bn
£4.7bn
retail bosses ‘money’ singer?
Group sales £26.4bn Profile
£32.4bn business commentary Alistair Osborne
Three decades after starting as a
I
Profit before tax £898m 16-year-old shopworker at Marks & f only Mike Coupe had picked a three more years to see it through”.
Spencer, Simon Roberts has risen to be different musical. What was At least now he’ll keep his wife
£239m the boss of Britain’s second biggest food wrong with Hello, Trolley! or happy by handing over to retail
Dividend per share retailer (Ashley Armstrong writes). whatever it was called? Or the chief Simon Roberts — like Tesco’s
In taking charge at Sainsbury’s, the one with The Tills are Alive in Ken Murphy, formerly of Boots.
based on company 48-year-old, who turned down a place it? Or even a complete rendition of As for Mr Coupe, he kept a diary
annual reports 17.3p 11p to study electrical engineering at Little Shop of Horrors? of his tenure and is toying with an
King’s College London to join Marks & Instead, the Sainsbury’s songbird, account of what it’s actually “like to
Spencer’s trainee scheme, is part of a now off after six years, gave us We’re do the job”. Or, as they chirrup in
small club in the City that includes in the Money. And look at the cheap the musical: “If they ask me, I could
David Potts, Wm Morrison’s chief exec- shot that invited — to say, not if write a book.”
utive, and Steve Rowe, the head of you’re a Sainsbury’s shareholder, Mr
M&S, to have gone from Saturday boy Coupe. Indeed, his looming exit at
to boss. the end of May had AJ Bell Taxing question
Mr Roberts, who was born in declaring: “Sainsbury has been the
N
400p Croydon, south London, spent 15 years worst performer of the major owhere beats Davos for hot
with M&S, where he held operational quoted grocery firms in the UK air on a ski slope. So no big
and customer leadership roles in stores, during Mr Coupe’s time as CEO.” It shock to hear the latest from
divisions and its central operations reckons total shareholder returns Sundar Pichai, the boss of Google-
before leaving to join Boots. fell by 13 per cent. And maybe they owner Alphabet. Apparently,
During 11 years with the health and did. But, not for the first time, such artificial intelligence will be “more
350 pharmacy chain, he invested in boost- metrics fail to tell the real story. profound” for humanity than “fire
ing its online business and worked Mr Coupe took charge in July or electricity”. Really? Isn’t it a bit
April 30, 2018 alongside Ken Murphy as joint chief 2014, when the discounters Aldi and early to tell?
Sainsbury’s and operating officer before being promot- Lidl were cranking up the Still, Mr Pichai was hardly alone
Asda announce ed to president of Boots. Now Mr Rob- competitive volume and internet in making outlandish statements.
merger talks erts will be pitted against Mr Murphy, shopping was breezily exposing all Chancellor Sajid Javid, was at it, too.
300 who replaces Dave Lewis as Tesco’s the excess space in Britain’s He insisted that the UK “plans to go
Jan 22, 2020 Mike chief executive this year. hypermarkets. Low inflation souped ahead” with a digital services tax on
Coupe announces “It just shows how incestuous this up the challenge. So it says big tech: the likes of Google and
retirement, Simon industry is,” a retail source said. “It’s something for Mr Coupe — plus his Facebook. Moreover, the 2 per cent
Roberts named as going to be very interesting because legacy from predecessor Justin King levy could come in as early as April.
next chief executive Simon and Ken used to be very close, — that he’s negotiated a tough So how will that play out while
250 they know each other extremely well market without his rivals’ bloopers. Brexit Britain tries to hammer out a
April 25, 2019
and will be aware of each other’s As Bernstein analysts have noted, trade deal with America? Well, Mr
Tie-up formally
strengths and weaknesses.” Sainsbury’s is the “only Big Four Javid’s fellow Davos panellist, US
blocked by
competition
Mr Roberts, who lives in York with supermarket that did not require a Treasury secretary Steven Mnuchin,
watchdog
his wife Helen, is “a great guy, very like- major margin reset in response to made that perfectly clear: “If people
able, with great energy” a senior retail hard discounter growth”. Tesco was want to just arbitrarily put taxes on
200 figure said. He was seen as the leading pushed so hard it ended up with a our digital companies we will
internal candidate for the job after John £263 million accounting black hole consider arbitrarily putting taxes on
0 Mike
Sept 25, 2019 Rogers, the Argos boss, joined WPP, the and a £235 million settlement with car companies.” Not quite the thing
Coupe unveils
v five- advertising group, last October. the Serious Fraud Office and other UK carmakers want to hear — not
year plan tto cut Since Mr Roberts joined Sainsbury’s regulators. Morrison’s experiment least on the day Jaguar Land Rover
5
costs by £500m in July 2017, he has been responsible for with Dalton Philips and his “misty cut 500 jobs at its Halewood plant
150 its stores, central operations and veg” ended with new managers and on Merseyside (report, page 40).
2018 2019 2020 logistics and has improved product a turnaround. Asda’s underlying True, Mr Javid said a unilateral
availability. sales fell for three years. UK tax would only be “temporary”
“He’s a lot more comfortable in stores Mr Coupe managed a far less and would “fall away once there is
than Mike is,” one source said, while painful transition, reconfiguring the an international solution”. Even so,
another said that it was not apparent business to serve customers it took one of his predecessors to
whether he had the necessary strategic “whenever and wherever they want point out the realpolitik. As George
put more Argos shops with more grocery and perspective for his new role. to shop”, as he put it. His response Osborne told the BBC, it would be a
into supermarkets to homeware products to Two years ago Mr Roberts said that to excess space was the £1.1 billion “very brave British government that
save money (this license to other one aspect he found “enriching and Argos buy: no stunner, but decent walks into a trade war with the US”
would have to be retailers. exciting about retail is that you can’t say enough. Taking ownership of the just when the “centre point of its
executed well to avoid 6 Make money from ‘we’ve sorted it now’ or ‘it’s done’, data-rich Nectar scheme was also a economic policy” is striking a US
a political backlash). customer data because the job of this industry is to smart move in this internet age. trade deal. Quite.
6 Develop Sainsbury’s gathered through the keep reinventing itself”. And he’s lifted digital sales to a fifth
He won’t be short of excitement in his of the total.
wholesale business, Nectar loyalty scheme.
new role. Yet there is one memorable black Not Maxed out yet
mark: the mooted £12 billion Asda
A
tie-up that Shore Capital analysts s if persuading the passengers
board Tesla Johnson’s deadline will deliver were hardly alone in feeling was
“doomed from the start”. Mr Coupe
spent far too much time listening to
to board a Boeing 737 Max
won’t be enough of a
challenge. Relations with the pilots
Business
LINDSEY WASSON/REUTERS
B
oeing’s woes closer to $25 billion to
deepened compensate airlines and
yesterday as to cover higher
Wall Street production costs.
earmarked billions of David Calhoun,
dollars more in charges Boeing’s new chief
related to the grounded executive, said yesterday
737 Max aircraft and as that the company would
pilots reported a crisis of restart production of the
confidence in the Max months before its
company (James Dean expected green light
writes). from regulators.
Shares in Tui, the Mr Calhoun, 62, said
Anglo-German travel recently disclosed
group, fell by 5.5 per internal messages from
cent amid concerns that Boeing, in which
an extension to the employees working on
Max’s grounding would the Max programme
leave it without enough joked that the aircraft
aircraft in the busy was “designed by
summer months. In clowns”, were
contrast, shares in “appalling”. “This was a
Airbus, Boeing’s great very unusual group of
rival, hit a new high. folks using horrible
The Max has been language and should
grounded since March have been dealt with a
last year after two long time ago,” he said.
crashes involving the in part for the disasters. represents 15,000 as Boeing sought to win pilots, said: “Pilots will a damaged safety Boeing shares closed
jets killed a total of 346 It said on Tuesday it did American Airlines public trust in the be watching from the culture.” Last year, down $4.36, or 1.4 per
people. Boeing is not expect approval pilots, said trust in aircraft, he added. facts on the ground if Boeing set aside cent, at $309.01 in New
struggling to win until the summer. Boeing had been Jon Horne, president trust in Boeing is $4.9 billion for airline York. Airbus shares
regulatory approval for Dennis Tajer, a “crushed, blended and of the European Cockpit justified. Boeing needs compensation, assuming closed up €1.58, or 1.2
the Max after updating a spokesman for the diced”. Pilots would not Association, which to focus on engineering that the jet would be per cent, in Paris at
faulty flight control Allied Pilots be “arm candy for any represents 40,000 quality over speed and airborne again by €137.98. Tui shares in
system that was blamed Association, which public relations shows” commercial airline cost, actively rebuilding December. To date, the London fell 49p to 837p.
6%
Sport. — at Halewood, Solihull and Castle and the £31,000 Discovery Sport has putting the public borrowing on track
Over the past two years Jaguar Land Bromwich in Birmingham and its undergone a “refresh”. to undershoot the official target by
Rover has made 6,000 people redun- engine plant at Wolverhampton — vie Unite, the union, contested the com- almost £7 billion this fiscal year.
dant, paring its workforce back to with Nissan in Sunderland for the title pany’s claims, saying that the job cuts The Office for Budget Responsibility
34,000. Most of those jobs went in the Britain’s largest car producer. Between were a response to a slower rate of said that borrowing had risen more
West Midlands and at its headquarters the two companies, they produce more Fall in Jaguar Land Rover sales last year growth for the Evoque and the Discov- slowly than expected. The budget on
in Coventry. than two thirds of cars coming off UK ery Sport than had been forecast. March 11 will be the first for 17 months.
The company has suffered as motor- assembly lines. ed the sale of other acquired companies The UK car industry is struggling. Sajid Javid is expected to announce
ists turn their backs on diesel, the fuel The company was created after the such as Aston Martin and Volvo. After About 5,000 jobs will be lost with the higher investment spending on infra-
that not long ago drove 90 per cent of Land Rover and Jaguar businesses were expanding rapidly under Sir Ralf Speth, closure of Honda’s factory in Swindon structure in the regions, as well as to
Jaguar Land Rover’s vehicles. bought by Ford, of the United States, to its chief executive, the wheels ccame and Ford’s engine plant in south Wales. carry out the Tories’ pledge to raise the
The company enjoyed rapid growth become part of its premier automotive off. Last year Jaguar Land Rover repor- “This is a further blow to the UK car national insurance threshold to £9,500,
after it was acquired in 2008 by the group. Jaguar, which traces its history ted record losses of £3.6 billion. industry in general and to our members which will benefit 31 million workers.
interests of Sir Ratan Tata, the Indian back to the pre-Second World War The company insisted that the Hale- at Halewood in particular,” Des Quinn, Andrew Wishart, at Capital Econo-
billionaire. However, its car production Swallow Sidecar company and its un- wood lay-offs were not about cutting Unite’s national officer, said. mics, a consultancy, said the figures
gave Mr Javid “more headroom to
. . . but confidence jumps among UK manufacturers loosen policy, but they don’t give him a
blank cheque”. He already has the free-
dom to increase investment spending,
thanks to a tweak to the fiscal rules an-
Robert Lea secure a Brexit deal. It is the largest corded since April 2014, when David ing the survey a -15 per cent balance. nounced before last month’s election.
quarterly swing since the survey began Cameron was in government and no For new orders the figure was -21 per Borrowing was on track to reach
Manufacturers have declared them- in 1958. referendum on Britain’s membership of cent, while headcount came in at £41 billion, up from £38.1 billion last
selves more bullish about the future The findings reduce the chances of the EU was on the agenda. -16 per cent. A net 20 per cent of manu- year but lower than the £47.6 billion
than at any time in the past six years, the Bank of England’s monetary policy Anna Leach, the CBI’s deputy chief facturers reported rising costs. forecast last March by the OBR. Total
despite output tumbling and expansion committee cutting interest rates at its economist, said: “It’s clear manufac- Tom Crotty, a director at Ineos, the public sector debt is £1,819 billion —
constrained by labour shortages. meeting next week. Until this week turers are entering the new year with a chemicals group, and chairman of the 80.8 per cent of total GDP, down from
The latest quarterly industrial trends financial markets had estimated a two spring in their step. Firms are now CBI manufacturing council, said: “It is 81.7 per cent in December 2018.
survey from the CBI, the business lobby in three chance of a cut in rates from planning to invest more in plant and clear that the sector is not yet out of the The OBR said the better numbers
group, found a positive balance of 0.75 per cent to 0.5 per cent. However, machinery, which ultimately will help woods in terms of performance, which were because tax receipts had grown by
optimism among businesses in manu- encouraging job figures on Tuesday to increase capacity and output.” means that this optimism could prove 3.7 per cent, faster than the 2.9 per cent
facturing of 23 per cent, a huge turn- and the CBI survey have cut the However, of the 300 manufacturers to be short-lived, unless the govern- increase in government spending. But
around from the -44 per cent recorded chances to less than 50 per cent. surveyed, only 19 per cent reported a ment uses its new-found strength to it cautioned that there was uncertainty
in the last quarterly survey in October, The optimism among manufacturers growth in output and 33 per cent said help to address underlying issues hold- about the full fiscal year as January is a
when Boris Johnson was struggling to is the highest the CBI survey has re- that production rates were down, giv- ing back manufacturers,” he said. key month for tax receipts.
the times | Thursday January 23 2020 1G M 41
Comment Business
‘‘
ministers have the vision to change it? prize of all — profits
I
Boris Johnson is not businesses should forget about a deal degree of predictability to the way f awards were a harbinger of $3.3 billion last year after splurging
the first Tory prime that maintains close alignment with that monetary policy, fiscal policy, financial success, Netflix would $14 billion on original productions
minister with a large EU rules. That means new border trade policy, exchange rate policy and be looking forward to a and broadcast rights. The company
majority to want to checks on EU trade, unpicking a core regulation are set, in some cases by glittering future. Thanks to has tapped the high-yield debt
fix a broken part of Britain’s appeal. hiving off responsibilities to critically acclaimed dramas markets for nearly $15 billion in debt
economic model and level up the But does Mr Johnson’s government independent agencies and external such as Roma, its trophy cabinet is and owes a further $8 billion to
regions. Margaret Thatcher came to have any coherent idea of what bodies such as the EU, businesses are brimming and the streaming giant is producers and rights-holders.
power in 1979 with a mission to junk should take its place? Early able to plan more effectively. This up for a fistful of gongs at next On one level, it makes perfect
Britain’s failed postwar corporatism. indications are hardly encouraging. lowers their cost of capital and month’s Oscars. sense for Netflix to invest so freely
In its place she proposed a new model Mr Javid, who until July was a senior encourages investment. The danger is With Two Popes, The Irishman on its own shows. It’s playing catch-
based upon deregulated labour member of a government whose that a new government that has taken and Marriage Story, Netflix has up with the likes of Disney, which
markets, the withdrawal of public policy was to keep Britain effectively back control without a clear vision of three runners in the race for best has been in the movie business for a
subsidies from loss-making industries in a customs union with the EU and what the new economic model should film — an accolade that so far has century and has a formidable
and reviving growth by attracting to retain close alignment with the be becomes susceptible to lobbying by proved elusive. Landing Tinseltown’s catalogue. Netflix investors hope
global investment into Britain as a single market, now professes to vested interests. That was, of course, most coveted prize could change the that its library will soon be big
base to serve Europe’s newly support a deep rupture. Yet the one of the chief flaws in the old picture for the Silicon Valley upstart. enough so that it can rein in
emerging single market — which she chancellor is unable or unwilling to corporatist model from which As Ted Sarandos, its content chief, spending and begin extracting fat
did so much to create. Levelling up for say what regulations should change. Thatcher rescued Britain. said on Tuesday, every statuette profits from its customers.
Thatcher meant luring Japanese The result is that sectors that have There are worrying signs that this burnishes its “reputation [for] doing This way of thinking has flaws. It
carmakers to Tyneside. built supply chains over decades on government may be susceptible to well for talent”. rests on an assumption that Netflix
Under this model, Britain was the assumption of frictionless access these risks. Although the Treasury is Keeping A-list actors and viewers can create content that will cut
transformed from the sick man of to the European market don’t know justified in insisting that its role in the sweet is only one side of the across continents. But TV and films
Europe into one of the richest and what they are supposed to be rescue of Flybe did not amount to a equation for Reed Hastings, who don’t cross borders that easily. After
fastest-growing advanced economies preparing for. bailout since no public money has signing up more than 100 million
in the world. Yet its flaws have long The risk, as the Treasury itself been put at risk, it did agree to defer a Netflix global customer base
international subscribers, Netflix
been clear. While some sectors and pointed out in its 2018 Brexit analysis, tax liability and there was talk of a has had to invest heavily in local
regions thrived in the single market, is that the kind of Brexit deal being government loan as well as a 167m shows. Some, like Narcos, a Mexican
others were conspicuously left behind. contemplated will hit hardest the commitment to review airline tax. 139m drug cartel drama, have gained a
The reality is that Britain’s economic high-end manufacturing jobs in those That has raised questions about 111m global fan basem, but most won’t. As
89m
model became too reliant on financial very regions that the government how the government will respond to 54m
71m the service expands into new
services, consumer spending and wants to “level up”. Indeed, border future demands for state aid, not least territories, its production spending
cheap labour at the expense of capital frictions could become even more when politically sensitive sectors is likely to rise in lock-step.
investment and skills. The result was disruptive if trade deals with other suffer as a result of Brexit. Similarly, 2014 15 16 17 18 19 To justify its $150 billion valuation,
chronically weak productivity, high countries lead to more intrusive the government has talked of Source: Company reports Mr Hastings will need to show a
levels of inequality and political checks on goods entering the EU. changing Treasury rules on clear path to sizeable and
division. Britain had become, as one Moreover, those new deals are likely infrastructure spending to encourage founded Netflix in 1997 as a DVD sustainable profits. Price rises are
wag put it, “like Switzerland attached to prioritise market access for our more investment in the north. But no rental service and switched to not an option. Netflix is fighting for
to East Germany”. financial services sector, so the good is likely to come from a return to internet streaming a decade later. consumers’ finite attention with
The irony is that Britain’s outcome could be to raise the spending decisions unanchored from Balancing the books has myriad free or cheap alternatives,
European Union membership preponderance of the London- any analysis of value for money. confounded him and this task will from Youtube to Fortnite.
had little to do with any of the based financial services sector in To his credit, Mr Javid seems aware become more arduous as the war for As for its streaming rivals, they
flaws in this economic model, the economy. Brexit could end of these risks. He fought off an subscribers escalates. Apple and all have every incentive to keep prices
which largely reflected up exacerbating the flaws in attempt by Downing Street to of Hollywood’s main players, from low, as they have other ways to
domestic policy choices. Yet the present model. abandon the fiscal rules that constrain Disney to Warner Brothers to NBC monetise their content. Apple, for
now, as a result of Brexit and, Nonetheless, trading public spending. That was important Universal, are targeting streaming. instance, is using television to
indeed, the political pressures arrangements are only one aspect to signal to markets that this Mr Hastings started out by bolster its services business and to
that drove it, this model of Britain’s economic model. government won’t embark on a licensing television shows and keep customers buying iPhones.
will have to change. As Equally, if not more, massive spending spree. Mr Javid’s movies from Hollywood. With the Amazon uses TV to sell Prime
Sajid Javid reiterated important to the country’s instincts are also right in that the key 2012 political drama House of Cards, memberships. Warner Brothers, the
in an interview with longer-term prospects are to a long-term levelling-up agenda it became a producer in its own owner of AT&T, makes its money
the Financial Times what changes the lies in investment in productivity right. Netflix wanted to seize full from mobile phones and cable
last week, Britain will government makes to enhancing infrastructure and skills. control of the supply chain, broadband. And Disney sells cruise
’’
not just leave the EU domestic policy. There But he is hardly the first chancellor marrying distribution (an internet holidays, owns theme parks,
but its customs are risks here, too. One to recognise that these hold the key to platform) with product (TV series publishes books and runs TV and
union and single of the successes of raising the performance of Britain’s and films). Hollywood is following radio stations. Forging a direct
market, too. And, British policymaking poorest regions. The lesson of the past his lead; studios have put their back relationship with consumers
while the over the past 40 years 40 years, however, is that there are no catalogues on to apps to sell direct through its TV streaming app could
government hopes to has been the way it quick fixes. The to consumers. boost these businesses. Netflix
agree a new free trade has been able to question is whether Netflix’s excursion into film has moved first and has the advantage of
deal based on zero create clear rules Mr Johnson has the been a success, albeit a costly one. having only one string in its bow, but
tariffs and quotas, and frameworks patience to see the Last year, its revenues rose from now life is about to get much harder
for economic task through. $15.8 billion to $20.2 billion after for the streaming pioneer.
Margaret Thatcher decision- increasing its customer base to
pressed the button on making. By Simon Nixon is chief leader writer of 167 million. However, its cash Simon Duke is Technology Business
bringing Nissan to the UK providing a The Times outflows rose from 10 per cent to Editor of The Times
42 2G M Thursday January 23 2020 | the times
Business
MJ KIM/GETTY IMAGES
Fender faces
record penalty for
such behaviour.
Crude price
music over Fender was started
by Leo Fender, who
opened a repair shop
jumps amid
price-fixing in California in 1938
offering homemade
supply fears
T
he world’s instruments. The
biggest guitar company made the Robert Miller
maker may first mass-produced
count Ronnie Spanish-style electric Oil prices fell by almost 3 per cent yes-
Woods and Keith guitar in 1950. terday as the International Energy
Richards, right, as Prices for its Agency forecast a market surplus, US
fans of its products, sought-after guitars inventories rose unexpectedly and as
but price-fixing by the can range from about worries grew about the effect on
European division of £500 up to more than demand from the outbreak of a
Fender has struck the £40,000 for a limited deadly virus in China.
wrong note with the edition. The price of Brent crude, the inter-
competition The regulator could national benchmark, was 2.97 per
watchdog (Robert have fined Fender cent lower at $62.67 a barrel in New
Miller writes). £14.2 million, or up to York last night, a drop of 4.2 per cent
The Competition 10 per cent of its since the start of the year.
and Markets global sales, but it Fatih Birol, executive director of
Authority has fined said that the penalty the Paris-based energy agency, said
Fender Europe had been reduced that he expected the market to be in
£4.5 million after because the company surplus by a million barrels per day in
concluding that it had had admitted the the first half of this year. Meanwhile,
pressured online anti-competition the American Petroleum Institute
retailers to sell its charge. published figures that revealed a rise
guitars at or above a Fender Europe in US crude inventories of 1.6 million
minimum price previously was fined barrels last week, a stark contrast
between 2013 and £25,000 after it was with the drop of one million that had
2018, thereby found to have hidden been expected.
stymying customers notebooks during a Analysts also were concerned by
shopping around for 2018 inspection the spread of the deadly coronavirus
the best deal. It is a related to the inquiry. from China and the possible impact
that a pandemic might have on global
economic growth. Goldman Sachs
said in a note that if the virus devel-
Business
Rolet resigns as hedge fund group boss after only year in the job
Patrick Hosking Financial Editor London Stock Exchange Group from business to concentrate on investment. manager’s regime will be Sir Michael leading to a shareholder revolt led by
an £800 million takeover target into a CQS, which manages $20 billion on alone. For the past year he and Mr Rolet Sir Christopher Hohn, the hedge fund
The former chief executive of London £14 billion business before being behalf of individuals and institutions, have shared that responsibility, oper- manager.
Stock Exchange Group is resigning as ousted in 2017 in a row that declined to explain the change of ating out of neighbouring offices in the Sir Michael said that CQS’s fund
boss of CQS, the hedge fund group, shook the City. role. firm’s Trafalgar Square headquarters. performance over the past year had
only 13 months after joining it. He joined the London- Serge Harry, a former London The pair previously worked together at been good, with assets under manage-
Xavier Rolet, right, asked to stand based CQS in December 2018, Stock Exchange colleague hired by Goldman Sachs in New York in 1984. ment rising by 12.5 per cent. The firm
down from the chief executive’s role for hired by Sir Michael Mr Rolet in June as finance di- Sir Michael, 66, whose personal aims to make money for clients by
private reasons unconnected to the Hintze, its founder and rector, will be deputy chief wealth is put at £1.5 billion, said that the taking positions in the bond, currency
business, CQS said. He will remain as a executive chairman, executive. There will be no firm had “benefited hugely from Xavi- and share markets.
part-time strategic adviser. who wanted to chief executive. er’s drive and business acumen”. “Xavier will continue to provide the
Mr Rolet, a 60-year-old Frenchman, move away from The named senior Mr Rolet had a rocky relationship firm with strategic direction and advice
is regarded by some investors as one of the day-to-day figure at CQS under with Sir Donald Brydon, the LSE and use his network to help us with
the great value creators, after building running of the the City’s senior Group chairman, who pushed him out, client development,” Sir Michael said.
0
2007 08 09 10 11 12 13 14 15 16 17 18 2019
Berkeley is marketing
apartments at One
Blackfriars in
Southwark, London
£3.3bn
bets on the recovery of the housing increase in its net cash position from reported a 31 per cent fall in interim pre- a broker, said: “Clearly the perception of
market in London and the southeast. £107.5 million in 2016 to a record high of tax profit in December to £278 million, the trading environment post the
Berkeley Group said that it planned £1.1 billion. but it has promised profits totalling election has also improved. This
to return £1 billion to shareholders over Tony Pidgley, Berkeley’s co-founder £3.3 billion by 2025. news will be taken well as it locks in
the next two years, an increase of and chairman, has forecast a recovery Mr Pidgley, who has an estimated higher capital returns and also
£455 million on a previous promise. in the London housing market this year Berkeley’s profits target by 2025 fortune of more than £300 million, sold implicitly talks about the better market
It also has committed to increasing after Boris Johnson’s decisive election shares worth £72.9 million in the conditions.”
its delivery of homes by 50 per cent over victory. House prices in London’s most and later used the company’s strong second half of last year, reducing his Aynsley Lammin, an analyst at
six years across its 25 large regenera- expensive postcodes have fallen by cash position to buy central London stake by 40 per cent to 2.1 per cent. Cannacord Genuity, another broker,
tion sites in London and the South East. more than 20 per cent since their peak sites at knockdown prices. Berkeley said that it intended to said that indications of a stronger
The announcement marks a shift in in 2014, according to Savills, the estate The housebuilder has reaped the inform shareholders next month of trading outlook and Berkeley’s “im-
strategy at the builder, which has agent. rewards of his timing in recent years by proposed changes to its pay policy, after pressive track record suggests that it
shown a strong eye for a change in Mr Pidgley, 72, has a track record of developing those sites. Berkeley un- an investor revolt in September when will at least deliver on its targets”.
Tim Martin heaps more scorn on City Prospect of rising costs and
Dominic Walsh directors. “If shareholders say nothing
in response to company explanations,
in the preceding years in our annual
reports”.
debts hits Close Brothers
The chairman of JD Wetherspoon which have been made in order to Mr Martin, 64, who owns 32 per cent
renewed his attack on City corporate comply with the code, it is reasonable to of the shares, started Wetherspoons in Ben Martin Senior City Correspondent 0.6 per cent, and that costs at the
governance practices yesterday as the assume their assent,” he said. London in 1979. The chain sells cheap division were expected to grow faster
pubs company reported strong sales “In reality, detailed explanations are ales, breakfasts, lunches and dinners. It Investors in Close Brothers took fright than income this year. The net interest
over Christmas and the new year. ignored by many fund managers and has 875 pubs. after the merchant banking group margin, the difference between what it
In the 12 weeks to January 19, their corporate governance advisers. In this financial year, it has opened reported slowing growth in loan- pays for deposits and what it earns from
Wetherspoons’ like-for-like sales rose Comply or explain has been corrupted one new pub and sold five and intends making alongside rising costs and bad loans, slipped from 7.9 per cent last year
by 4.7 per cent, taking growth for its first to mean ‘comply or be humiliated in to open ten to fifteen in the second half. debts. to 7.8 per cent.
half to 5 per cent — a slight slowdown public and voted off the board’ — a risk It said that it expected to spend about Close Brothers unveiled a 0.4 per Total client assets at the asset man-
from the first quarter but ahead of most which most non-executive directors £80 million this year on new pubs and cent increase in its loan book to agement division rose to £14 billion
of its competitors. are understandably reluctant to take.” extensions to existing properties. £7.68 billion in the last five months of from £13.3 billion at the end of last July
Tim Martin, the company’s founder, He cited Columbia Threadneedle, Wetherspoons said that it was “in a last year, a slowdown from the 0.9 per and Winterflood, the equities market-
took issue with the failure of fund the pubs group’s biggest shareholder, sound financial position”, with net debt cent growth it had reported for the maker that it runs, enjoyed “an im-
managers and proxy advisers to apply which withdrew support for its long- at the end of this financial year three months to the end of October. provement in trading activity towards
relevant “comply or explain” provisions serving non-executives for non-com- expected to be between £780 million It also disclosed that bad debts at its the end of 2019” after a slow start.
on corporate governance relating to pliance with the rule on length of and £820 million. Its shares fell by 32p, banking operations had edged up to Shares in FTSE 250 company fell by
the length of service of non-executive service, despite “detailed explanations or 2 per cent, to £15.63. 0.8 per cent, albeit from historic lows of 77p, or 4.9 per cent to £14.90.
44 1G M Thursday January 23 2020 | the times
Business Retail
Burberry has designs on growth that Hong Kong was an important 1 per cent to £719 million in the latest new creative vision,” Marco Gobbetti,
Ashley Armstrong Retail Editor
market for Burberry, previously quarter, were up 3 per cent on a like- 59, chief executive said. “While mindful
Demand for Riccardo Tisci’s striking accounting for 8 per cent of its for-like basis and that it now of the uncertain macroeconomic envi-
designs has given Burberry the confi- sales. “This quarter we’ve expected to increase its total ronment, we remain confident in our
dence to look beyond challenges in its seen a halving of those annual sales by a “low-single- strategy and the outlook for full-year
key Hong Kong and Chinese markets sales,” she said. Of the digit percentage”, compared 2020.”
and boost its growth forecasts. coronavirus outbreak, with a previous forecast of Burberry was founded in 1856 by
Nevertheless, the luxury brand spelt she said that Burberry flat growth. Thomas Burberry, who created the
out the impact of pro-democracy was “keeping the situa- “This was another good gabardine fabric used in its trench
protests in Hong Kong, where sales tion under review. We quarter as new collections coats. It has 230 shops worldwide. Mr
halved in the 13 weeks to December 28, monitor it every single delivered strong growth Gobbetti recruited Mr Tisci, 45, from
and addressed fears that the emergence day.” and we continued to Givenchy in 2018, but it has taken
of the coronavirus in China could dis- Burberry said, how- shift consumer percep- almost two years for the Italian design-
rupt its business across Asia. ever, that its overall sales tions of our brand and er’s collections, which include bolder
Julie Brown, its finance officer, noted worldwide had risen by align the network to our use of Burberry’s signature check and a
new logo, to account for three quarters
of the products sold in its shops.
The company has not closed any of
its 12 stores in Hong Kong, but in
November it said that it would write
down the value of its sites in the territo-
ry by £14 million. It also said that it was
in talks with landlords to cut rents to re-
flect the steep drop in tourists visiting
from the Chinese mainland, put off by
months of violent demonstrations.
Chinese shoppers account for 35 per
cent of global luxury sales and about
90 per cent of last year’s growth in the
market, according to Bain & Company,
the consultancy. Burberry has put an
extra emphasis on appealing to young
Chinese shoppers and is moving its
runway show to Shanghai in April.
However, hopes of cashing in on
China’s Lunar New Year celebrations
could be disrupted by fears of the new
epidemic spreading across Asia. At least
440 cases of the coronavirus have been
confirmed and nine people have died.
The virus, which started in the Chinese
city of Wuhan, can be transferred by
coughing and sneezing, stoking fears
that infection rates may accelerate as
millions of Chinese use a week off work
to travel to their home towns and over-
seas.
Shares in luxury goods companies
have fallen sharply this week amid fears
that the outbreak could hurt their sales.
Burberry was no exception yesterday,
its shares falling by 113p, or 5 per cent, to
£21.50. They hit a six-month peak of
£23.29 at the end of last week. Burberry’s stores in Hong Kong have
Business
£25m
and that the non-cash overstatement
was “materially higher” than the
board’s initial assessment.
Shares in the company fell by 21¼p, or
6.6 per cent, to 297¾p last night. The
shares have lost about 84 per cent of Earlier estimate of stock overstatement
their value in the past 12 months, hit by Ted Baker
a harassment scandal and a series of
profit warnings. increased speculation that it could
Ray Kelvin opened the first Ted breach its banking covenants and seek
Baker shop 32 years ago and built it into to renegotiate the terms of its borrow-
a business with revenues of £617.4 mil- ings. Analysts also believe that the
lion last year. However, Mr Kelvin, 64, retailer may strike a sale and leaseback
stepped down as chief executive last deal on its head offices to shore up its
March after allegations of misconduct, finances.
which he denies. In 2018 KPMG, which remains the
Lindsay Page, his successor as chief retailer’s auditor, was fined £2.1 million
executive, and David Bernstein, the by the Financial Reporting Council, the
group’s executive chairman, also quit in regulator, for misconduct relating to its
December after Ted Baker sounded its work for Ted Baker in 2013 and 2014.
fourth profit alert in the space of a year, The watchdog declined to comment
warning that it expected annual pre- yesterday on whether it was examining
tax profits of as little as £5 million. It had the inventory error.
reported profits of £50.9 million last A Ted Baker spokesman declined to
year. comment on whether the company had
Ted Baker had valued its inventory at contacted the police. Its full-year
been hit by a decline in Chinese customers, as visitors from the mainland avoid pro-democracy protests in the territory £225.8 million in its last set of annual results are expected in March or April.
T
retail real estate, particularly when you he world’s oldest in 1792 by Henry nearly doubled Smith’s wise depressed en- p
purchases and has
compare it to logistics, residential and national retail Smith, said that in the presence in the United vironment”. h
helped Pets at
offices, which are at all-time high valu- chain has defied 20 weeks to States. A record 27,555 H
Home to drive loy-
ations. Retail relative to those sectors the blues affecting January 18 its travel Its shares fell 20p, dogs were groomed alt
alty.”
looks pretty good value.” many of its rivals to revenues had risen by 0.8 per cent, to £25.20. by the chain in thee M Pritchard said:
Mr
Newriver was set up in 2009 to buy mas.
week before Christmas. “Two years ago we had
distressed property assets. It has “I book myself in for a mak some really
to make
proven resilient to the rise in retailer cut shopping centre rents and values private equity-style investor, last year, Christmas haircut and pet brave decis
brave decisions. It was pain-
failures because of its focus on discount and left investors with big losses. How- which has acquired £105 million of owners want to do the same for ful at the time, but
ful bu it meant we are
shops, value retail and convenience ever, some investors believe that values assets, including retail parks in Aber- h llook
their dogs to make sure they k great now ready d and d we have
h joined every-
stores, with lower-than-average retail have fallen far enough for them to take deen, Dundee, Dorset and the Isle of in photos and not smelly when guests thing up to make it easy for customers
rents in convenient locations. It has a the plunge. Wight. Newriver is also working for come,” Mr Pritchard said. to shop how they want to.”
£1.3 billion portfolio of 30 shopping Newriver is hoping to market its councils that have bought rundown Pets at Home was founded by Pets at Home shares rose by 3¼p, or
centres, 25 retail parks and 650 pubs. expertise. It formed a joint venture with shopping centres. Its shares closed up Anthony Preston in 1991. It has 452 1.1 per cent, to 290p yesterday, building
The switch to online shopping has Pimco’s Bravo Strategies III fund, a US 3¼p, or 1.7 per cent, at 190¾p. stores, but since listing in 2014 it has on a 131 per cent jump in value last year.
46 1G M Thursday January 23 2020 | the times
European Assets Trust 108.00 108.50 -0.97 … European ‡@ 2707.00 … … 0.92 Diversified Income A Acc ‡@323.42 … +0.33 2.95 Stg Corp Bd A Inc ‡@ 59.13 … +0.12 1.61 MANEK INVESTMENT MGMT LTD Cautious A Inc ‡@ 106.87 … -0.02 1.59
Extra Income ‡@ 28.86 … +0.05 2.77 Diversified Income A Inc ‡@77.74 … +0.08 4.36 UK Act 350 A Acc ‡@ 199.00 … -2.20 … 0844 800 9401 Dynamic A Acc ‡@ 304.67 … -0.14 1.27
Glob Spec Sits ‡@ 4581.00 … +9.00 0.19 Emerging Mkts Blended Debt A Acc ‡@126.85 … -0.28 3.72 UK Dynamic Acc ‡@ 211.50 … +1.30 2.42 Growth Fd Acc @ 41.47 43.54 -0.01 … Dynamic A Inc ‡@ 282.03 … -0.13 1.28
Global Focus ‡@ 2426.00 … +7.00 … Emerging Mkts Blended Debt A Acc Gross ‡@125.82 … +0.20 4.21 UK Dynamic Inc ‡@ 160.20 … +1.00 2.38 Growth A Acc ‡@ 322.26 … -0.13 1.37
For Abbey National see Santander International ‡@ 149.50 … +0.20 0.08 Emerging Mkts Blended Debt A Inc ‡@87.48 … -0.19 5.47 UK Equity A Acc ‡@ 401.90 … +0.60 … Income A Acc ‡@ 247.56 … -0.03 2.48
Japan ‡@ 424.80 … +2.50 … Emerging Mkts Equity A Acc ‡@157.57 … -0.39 0.98 UK Equity A Inc ‡@ 46.44 … +0.07 … MARKS & SPENCER UNIT TRUST LTD Sterling Bond Acc ‡@ 242.37 … -0.28 3.52
For Allchurches see Ecclesiastical
Moneybldr Bal ‡@ 51.05 … +0.14 3.94 Emrg Mkts Local Curr Debt A Acc ‡@198.12 … -0.65 4.26 UK Eqy & Bd Inc Acc ‡@ 167.10 … -0.20 3.41 0808 005 5555 Sterling Bond Inc ‡@ 97.00 … -0.11 3.61
ALLIANZ GLOBAL INVESTORS
Inv Serv: 020 7065 1400 Helpline: 0800 317 573 Moneybldr Glob 327.60 327.60 -0.10 0.21 Emrg Mkts Local Curr Debt A Inc ‡@92.92 … -0.30 6.09 UK Eqy & Bd Inc Inc ‡@ 90.29 … -0.48 3.50 High Income 114.10 114.10 +0.20 4.25
Moneybldr Gwth ‡@ 76.12 … -0.95 … Emrg Mkts Local Curr Debt Gross I Acc ‡@220.49 … -0.05 … UK Higher Inc A Acc ‡@ 1142.00 … +4.00 4.69 High Income Acc 280.00 280.00 +0.50 4.13
Gilt Yield A ‡@ 192.30 … +0.71 1.29 Moneybldr Inc ‡@ 38.33 … +0.10 2.74 UK Higher Inc A Inc ‡@ 549.80 … +2.10 4.82 UK 100 Comp Acc @ 412.80 412.80 -2.20 3.74
Enhanced Natural Resources A Acc ‡@125.44 … -0.60 1.62
Strategic Bond Fund ‡@ 166.67 … -0.05 1.24 Moneybldr UK Ind ‡@ 118.40 … +0.40 3.07 UK Sm Cos A Acc ‡@ 581.00 … +3.00 0.88 UK 100 Cos @ 224.70 224.70 -1.20 3.86
UK Corp Bond C ‡@ 104.79 … -0.78 3.87 Global Bond A Acc ‡@ 139.30 … +4.03 0.82 THREADNEEDLE INVESTMENTS
Special Sits ‡@ 4165.00 … -1.00 1.46 Global Bond A Inc ‡@ 109.33 … +3.00 0.82 UK Str Eq Inc A Acc ‡@ 196.80 … +0.30 4.65 UK Select Pflo @ 358.00 358.00 -1.40 2.81 Client Serv: 0800 0683000
UK Eqty C ‡@ 6317.26 … -14.91 … Wealthbuilder 69.75 72.18 +0.53 … UK Str Eq Inc A Inc ‡@ 107.60 … +0.20 4.70 UK Selection Port Acc @ 685.90 685.90 -2.70 2.75
UK Eqty Inc A ‡@ 321.13 … +0.40 4.51 Global Bond I Gross Inc ‡@1167.00 … +29.78 1.25 Intermediary Serv: 0800 0684000
US A Acc ‡@ 1036.00 … +25.00 … Worldwide Mgd Acc @ 903.40 903.40 -4.90 1.59 Institutional Shares (Class 2) (163500,000 min)
UK Gwth A ‡@ 6704.07 … +3.25 1.75 Global Dynamic A Acc ‡@ 177.69 … -1.02 0.28
US Sm Cos A Acc ‡@ 836.00 … -5.60 … Wwide Mgd @ 546.20 546.20 -3.00 1.74
UK Index A Inc ‡@ 1423.81 … -5.83 3.01 Global Energy A Acc ‡@ 189.88 … -1.37 1.69 UK Oseas Earns ‡@ 130.45 … +0.05 2.20
HALIFAX INVESTMENT FUND MGRS LTD Global Equity A Acc ‡@ 180.94 … -0.88 0.59
UK Mid Cap A ‡@ 5060.17 … +19.96 0.24
01296 386 386 Global Franchise A Acc ‡@260.96 … -0.42 0.31 MORGAN STANLEY INVESTMENT MGMT LTD
Authorised Inv Funds Global Free Enterprise A Acc ‡@1032.29 … -4.06 0.24 Enquires: 0800 0961 962
Share Class `C Global Gold A Acc ‡@ 173.88 … +1.22 … The Morgan Stanley Funds (UK)
JUPITER UT MGRS LTD Managed Funds
Corporate Bond ‡@ 39.37 … +0.09 2.95 Global Special Situations A Acc ‡@281.33 … -2.86 1.06 Class A Shares
ARTEMIS FUND MGRS LTD 020 7581 3020 Def Eqty & Bd Acc @ 121.80 121.80 +0.20 0.89
Ethical ‡@ 93.99 … -0.17 0.52 Global Special Situations A Inc ‡@218.78 … -2.22 1.08 Equity
0800 092 2051 Absolute Return ‡@ 47.99 … -0.27 0.68 Eqty & Bd Acc @ 166.40 166.40 +0.10 0.87
European ‡@ 94.92 … -0.24 1.89 Managed Growth A Acc ‡@246.53 … +0.12 …
Authorised Inv Funds Distribution and Growth ‡@116.59 … +0.17 4.24 Eur (Ex UK) Eq A Acc ‡@1310.92 … +4.24 … Mgd Income @ 80.43 80.43 +0.08 3.78
Far Eastern ‡ 110.80 … +0.50 1.63 Monthly High Income A Acc ‡@235.96 … … 3.00
Emg Euro Opps ‡@ 270.85 … -1.89 2.69 Glob Brands A Acc ‡@ 11066.63 … +33.86 0.91
Capital R Acc ‡@ 1729.18 … -2.24 2.92 Fund of Inv Tst ‡@ 130.30 … +1.20 0.82 Monthly High Income A Inc ‡@67.36 … … 4.39
Euro Special Sits ‡@ 438.83 … -0.42 0.34 UK Eq A Acc ‡@ 1184.53 … -0.02 1.66
Euro Opps R Acc ‡@ 109.66 … -0.36 1.04 Intl Gwth ‡ 98.76 … -0.51 0.96 Multi-Asset Protector A Acc ‡@187.57 … -0.02 …
Euro Opps R Inc ‡@ 102.58 … -0.33 1.05 Japanese ‡ 64.40 … +0.19 1.29 European ‡@ 2625.66 … +8.94 …
Strategic Bond A Acc ‡@ 244.54 … +0.19 …
European Growth R Acc ‡@340.01 … -2.47 1.18 North Amer ‡ 109.00 … -0.70 0.59 Financial Opps ‡@ 755.46 … -1.26 … Fixed Income Retail Shares (Class 1)
Strategic Bond A Inc ‡@ 119.47 … +0.09 …
Global Energy R Acc ‡@ 31.44 … -0.51 0.87 Smaller Cos ‡@ 119.90 … +0.80 1.33 Income Trust ‡@ 531.08 … -1.91 4.33 Stg Corp Bd A Acc ‡@ 2618.35 … -3.81 2.00
Target Return A Acc ‡@ 101.71 … -0.08 0.81 Stg Bd Ret Inc ‡@ 61.31 … +0.23 1.16
Global Growth R Acc ‡@ 288.82 … -0.37 1.34 Special Sits ‡@ 55.25 … -0.07 0.71 Merlin Bal (Acc) ‡@ 204.42 … -0.90 2.13 UK Ind Lnkd A Acc ‡@ 1350.60 … -3.80 4.24
Target Return A Inc ‡@ 87.63 … +0.01 0.87 Strat Bd Ret ‡@ 47.20 … +0.05 2.52
Global Income R Acc ‡@ 132.09 … -0.57 3.14 UK Equity Inc ‡@ 89.81 … +0.29 5.00 Merlin Gwth (Acc) ‡@ 467.20 … -2.88 … UK Long Bd A Acc ‡@ 1288.90 … … …
UK Alpha A Acc ‡@ 2720.80 … +19.33 1.67 UK Corp Bond ‡@ 65.25 … +0.13 2.51
Global Income R Inc ‡@ 93.19 … -0.41 3.22 UK FTSE 100 IT ‡@ 64.47 … +0.24 3.11 Merlin Inc (Acc) ‡@ 326.60 … -1.27 2.72
UK Blue Chip A Acc ‡@ 770.11 … +3.15 … UK Corp Ret ‡@ 65.12 … +0.13 2.19
Global Select R Acc ‡@ 127.43 … -0.09 0.04 UK FTSE All-S IT ‡@ 74.34 … +0.27 2.98 Merlin Wwide (Inc) ‡@ 336.69 … -2.05 …
UK Smaller Companies A Acc ‡@5462.82 … +23.05 0.66 UK Growth ‡@ 313.15 … +0.72 1.52 SANTANDER UNIT TST MGRS UK Eqty Inc Ret ‡@ 99.24 … +0.31 3.97
High Income R Inc ‡@ 76.19 … +0.11 … UK Growth ‡@ 83.61 … +0.29 2.75
UK Smaller Companies A Inc ‡@4899.83 … +20.67 0.66 UK Special Sits (Inc) ‡@ 193.91 … -0.44 2.54 08457 413002 UK Gwth & Inc Ret ‡@ 98.24 … +0.30 …
Income R Acc ‡@ 468.62 … +1.73 4.25
Income R Inc ‡@ 231.83 … +0.85 4.39 UK Special Situations A Acc ‡@1356.32 … -7.55 1.86 UK Hi Yld Bd 1 ‡@ 43.05 … … 4.02
Bal Pfolio Inc ‡@ 110.50 … +0.40 2.41
Monthly Dist R Inc ‡@ 70.34 … -0.03 4.09 UK Special Situations A Inc ‡@502.19 … -2.79 1.95 UK Inst Acc ‡@ 174.63 … +0.14 2.12
HSBC GLOBAL ASSET MGMT (UK) LTD Bal Port Gwth Acc ‡@ 226.00 … +0.50 1.70
Strategic Assets R Acc ‡@ 83.38 … -0.21 … UK Mnthly Extra Inc ‡@ 85.39 … +0.27 3.60
Enq: 0845 745 6123 Dlg: 0845 745 6126 Mon-Fri 8-6 Equity Inc Inc ‡@ 231.70 … +0.60 5.05
Strategic Bond R M Acc ‡@101.47 … +0.09 2.73 UK Mnthly Inc Ret ‡@ 75.00 … +0.19 4.75
HSBC Index Tracker Investment Funds (OEIC) N&P UK Gwth Inc ‡@ 182.80 … +0.10 …
Strategic Bond R M Inc ‡@ 57.34 … +0.05 2.78 LEGAL & GENERAL (UT MGRS) LTD UK Retail ‡@ 146.63 … +0.44 2.20
Stkmkt 100 Tkr ‡@ 231.20 … +0.80 1.98
Strategic Bond R Q Acc ‡@101.28 … +0.08 2.48 Amer Ind Acc ‡@ 673.07 … -2.14 1.35 Enquiries: 0870 050 0955 Dealing: 0870 050 0956 UK Sel Retail ‡@ 131.39 … +0.39 2.25
UK Growth Acc ‡@ 453.20 … +2.70 3.01
Strategic Bond R Q Inc ‡@ 57.40 … +0.05 2.51 Amer Ind Inc ‡@ 560.74 … -1.78 1.37 UK Smaller Cos ‡@ 384.66 … +0.85 …
Equity Acc @ 2616.00 2639.00 -8.00 … UK Growth Inc ‡@ 264.70 … +1.60 3.09
UK Growth R Acc ‡@ 598.34 … +2.22 1.72 Euro Ind Acc ‡@ 973.14 … -1.53 2.48
Euro Ind Inc ‡@ 664.48 … -1.04 2.57 For ISIS Asset Mgmt see F&C Fd Mgmt Ltd (OEICS) Equity Dist @ 893.80 902.00 -2.70 …
UK Smaller Cos R Acc ‡@1919.87 … +7.24 1.24 Euro Ind Acc @ 436.50 436.50 -0.80 2.26
UK Special Sits R Acc ‡@ 642.47 … +1.35 1.85 FTSE 100 Ind Acc ‡@ 248.95 … +0.87 4.02 JANUS HENDERSON INVESTORS SCOTTISH MUTUAL INV MNGRS LTD
FTSE 100 Ind Inc ‡@ 123.91 … +0.43 4.15 Euro Ind Inc @ 301.50 301.50 -0.60 2.31 0141 248 6100
Fixed Int Acc @ 154.00 155.00 +0.40 2.07 For Resolution see Ignis
FTSE 250 Ind Acc ‡@ 304.03 … +1.33 2.34 Investors Serv: 0800 832 832 Dlng: 0845 946 4646
Fixed Int Dist @ 76.26 76.80 +0.18 2.10 European Inc 1495.34 1577.40 -2.72 1.98 TU FUND MANAGERS LIMITED
FTSE 250 Ind Inc ‡@ 199.16 … +0.87 2.57 Far Eastern Inc 584.69 617.09 -0.73 1.42
FTSE All-S Acc ‡@ 645.50 … +2.72 3.85 All Stks Credit A Inc ‡@ 141.00 … +0.30 2.06 Glob Gwth Acc @ 243.90 243.90 -1.30 1.15 British 836.00 836.00 +8.00 0.71
Asian Div Inc U Trst Inc ‡@106.60 … +0.10 6.53 Glob Health Acc @ 86.19 86.35 -0.30 0.82 Intl Growth Inc 604.83 636.64 -0.02 0.50 European 210.70 219.40 +1.00 …
AXA FRAMLINGTON UNIT MGMT LTD FTSE All-S Inc ‡@ 358.37 … +1.51 4.17 Japanese Inc 41.85 41.85 +0.43 0.56
Dling: 0845 602 1952 Priv Clients: 0845 777 5511 Jap Ind Acc ‡@ 131.01 … +0.40 1.78 Mutual European 2370.55 2499.98 -4.31 1.94
Equity Inc ‡@ 572.40 … -2.70 4.43 Jap Ind Inc ‡@ 107.95 … +0.34 1.83 * Yield expressed as CAR (Compound Annual Return);
Mutual Far Eastern 943.30 995.57 +1.92 1.37 † Ex dividend; ‡Middle price; . . . No significant data. #
Gilt Acc @ 201.30 211.80 +0.10 1.08 Pac Ind Acc ‡@ 427.06 … +1.94 2.70 Mutual North Am 1983.00 2092.88 +6.23 0.24
Pac Ind Inc ‡@ 286.26 … +1.31 2.79
Periodic charge deducted from capital; @ Exit charge
Gilt Inc @ 74.35 78.24 -0.39 1.09 Mutual UK Eq 1383.39 1460.04 +3.79 3.19
Health Acc ‡@ 2284.00 … +1.00 … Nth American Inc 1227.65 1295.67 -7.28 …
Jap Smlr Co Ac @
Managed Inc ‡@
62.56
138.30
66.09
…
-0.19
…
…
4.20 HSBC Investment Funds (OEIC) - Retail Share Class
UK Equity Inc 619.80 654.14 +1.70 3.26 British funds
Monthly Inc Inc ‡@ 262.80 … +0.80 4.27
Balanced Acc ‡@ 234.76 … -0.32 1.37 SCOTTISH WIDOWS UNIT TRUST MGRS 12 month Price Int Yld Grs rd
UK Growth Inc ‡@ 247.60 … +2.00 1.08
Balanced Inc ‡@ 152.22 … -0.20 1.39 0845 300 2244 High Low Stock (£) +/– % yld
UK Select Opps Inc ‡@ 2071.00 … +9.00 1.04
Corp Bd Acc ‡@ 307.73 … +0.66 2.36 Authorised Inv Funds (OEICs)
UK Sml Cos Inc ‡@ 319.50 … -0.40 …
Corp Bd Inc ‡@ 129.25 … +0.28 2.40 OEIC A Class
Gilt & Fd Int Acc ‡@ 501.86 … +1.93 1.73 Managed Investment Funds Index-linked
Gilt & Fd Int Inc ‡@ 75.69 … +0.29 1.75 107.89 104.85 Tr IL 0V% 19 107.04 – .07 … –1.29
Income Acc ‡@ 697.19 … +0.69 3.96 Bal Port A Acc ‡@ 219.10 … -0.60 0.59
358.78 353.17 Tr IL 2K% 20 353.17 – .03 1.80 –2.40
AXA FUND MANAGERS LTD Income Inc ‡@ 319.94 … +0.32 4.08 Caut Port A Acc ‡@ 196.90 … +0.20 1.11 117.74 112.22 Tr IL 1Y% 2022 * 113.19 – .10 1.71 –2.59
Admin & Enq 0117 989 0808 Monthly Inc Acc ‡@ 322.17 … +0.40 3.46 Caut Port A Inc ‡@ 146.10 … +0.10 1.12 377.93 358.76 Tr IL 2K% 24 363.20 – .45 1.49 –2.44
AXA Trusts Monthly Inc Inc ‡@ 146.96 … +0.18 3.55 Opps Port A Acc ‡@ 251.70 … -1.90 0.59 115.79 109.98 Tr IL 0V% 24 111.50 – .13 … –2.48
Prog Port A Acc ‡@ 242.50 … -1.40 0.60 123.52 115.24 Tr IL 0V% 26 118.07 – .15 … –2.56
Gen Acc ‡@ 2101.00 … +6.00 2.64 UK Grth & Inc Ret B Acc ‡@145.21 … +0.17 3.78 141.09 130.08 Tr IL 1N% 2027 * 134.03 – .19 1.02 –2.63
Gen Inc ‡@ 1079.00 … -2.00 2.70 UK Grth & Inc Ret B Inc ‡@71.01 … +0.08 3.88 134.70 121.31 Tr IL 0V% 29 128.11 – .20 … –2.58
UK Gth & Inc Acc ‡@ 145.21 … +0.17 3.78 Overseas Growth Investment Funds 404.22 364.65 Tr IL 4V% 30 383.32 – .58 1.68 –2.52
167.61 147.41 Tr IL 1N% 2032 * 156.80 – .10 0.80 –2.48
UK Gth & Inc Inc ‡@ 71.01 … +0.08 3.88 Eur Sel Gth A Acc ‡@ 3063.00 … -19.00 … 164.20 142.57 – .02 … –2.37
Tr IL 0O% 34 152.96
314.07 271.65 Tr IL 2% 35 293.25 + .45 0.83 –2.29
162.43 137.32 Tr IL 0V% 36 149.47 + .10 … –2.27
UK/Global Investment Companies Tracker and Specialist Investment Funds 190.18 161.81 Tr IL 1V% 2037 * 175.22 + .10 0.68 –2.27
HSBC Specialist Investment Funds (OEIC)
Euro Acc A ‡@ 259.40 … -0.60 2.85 185.76 156.02 Tr IL 0X% 40 170.26 + .23 … –2.14
American Index Retail Acc ‡@673.07 … -2.14 1.35 UK Trkr A Acc ‡@ 350.50 … -1.90 3.41 197.84 163.56 Tr IL 0X% 42 * 180.21 + .34 0.35 –2.10
Extra Inc Inc B ‡@ 86.74 … +0.24 1.16 UK Trkr A Inc ‡@ 192.50 … -1.00 3.51 184.36 150.29 Tr IL 0V% 44 167.70 + .37 … –2.03
American Index Retail Inc ‡@560.74 … -1.78 1.37
Global Gwth Acc R ‡@ 244.10 … -0.70 0.73 190.81 154.07 Tr IL 0V% 46 172.85 + .49 … –1.99
Asian Gth Acc ‡@ 147.77 … -0.07 … 223.26 180.92 Tr IL 0O% 2047 * 201.81 + .61 0.38 –1.98
Japan Acc A ‡@ 168.90 … +0.60 1.63
Asian Gth Inc ‡@ 130.99 … -0.06 … UK and Income Investment Funds 199.96 159.58 Tr IL 0V% 48 179.71 + .56 … –1.95
Pac Gwth Acc A ‡@ 478.60 … +1.50 2.29
Chinese Eq Acc ‡@ 513.81 … +0.27 0.40 222.97 178.35 Tr IL 0K% 50 * 200.16 + .65 … –1.93
Corp Bond A Acc ‡@ 344.20 … +0.70 2.03 221.12 173.59 Tr IL 0N% 52 196.92 + .77 … –1.92
Chinese Eq Inc ‡@ 434.76 … +0.22 0.34
Corp Bond A Inc ‡@ 134.10 … +0.30 2.06 294.37 231.82 Tr IL 1N% 2055 * 262.27 + .97 0.52 –1.89
Euro Gth Acc ‡@ 846.39 … -4.13 1.74 233.48 179.30 Tr IL 0V% 56 205.94 + .90 … –1.86
Envir Invtr A Acc ‡@ 351.20 … -0.80 0.39
Euro Gth Inc ‡@ 709.61 … -3.47 1.76 238.68 181.66 Tr IL 0V% 58 * 209.21 + .92 … –1.84
CIS UNIT MANAGERS LTD Hi Inc Bond A Ac ‡@ 245.30 … -0.10 5.12
274.78 208.06 Tr IL 0W% 62 238.31 +1.17 … –1.80
08457 46 46 46 Hi Inc Bond A Inc ‡@ 84.09 … -0.04 5.27 279.87 205.35 Tr IL 0V% 65 238.68 +1.25 … –1.81
Hi Res A Acc ‡@ 387.10 … -1.40 4.31 298.07 214.92 Tr IL 0V% 68 252.48 +1.41 … –1.83
European Gwth ‡@ 173.20 … … 0.22 IGNIS ASSET MGMT Hi Res A Inc ‡@ 134.30 … -0.50 4.43
Sus Leaders ‡@ 708.90 … +7.30 1.05 Dlg: 0141 222 8282 Safety Plus A Acc ‡@ 40.49 … … …
UK Growth ‡@ 620.50 … +5.70 1.90
UK Income ‡@ 225.10 … +0.20 5.36
American Gth Inc @ 322.55 340.42 -3.34 … Strat Inc A Acc ‡@ 218.50 … +0.30 2.73 Longs (Over 15 years)
Balanced Growth @ 262.17 276.69 -0.93 … Strat Inc A Inc ‡@ 103.60 … +0.20 2.77
155.86 139.41 Tr 4K% 34 149.69 + .05 3.01 0.87
Balanced Growth Acc @ 393.13 414.92 -1.40 … UK Gwth A Acc ‡@ 198.40 … -1.00 2.44 155.71 137.93 Tr 4N% 36 149.36 + .08 2.85 0.94
Corporate Bond ‡@ 99.69 … -0.89 4.77 UK Sel Gwth A Acc ‡@ 2207.00 … -3.00 0.60 116.47 99.93 Tr 1{ }% 37 111.62 + .10 … 1.03
European Growth @ 403.88 426.26 -3.57 2.18 171.75 150.56 Tr 4O% 38 164.29 + .14 2.89 1.00
CLOSE FUND MANAGEMENT LTD European Growth Acc @ 475.71 502.07 -4.21 2.24 163.82 142.88 Tr 4N% 39 156.91 + .16 2.71 1.04
OEIC B Class 166.54 144.58 Tr 4N% 40 159.23 + .18 … 1.07
0870 606 6402 Glob Gwth @ 331.53 349.90 -3.09 0.12 176.63 152.17 Tr 4K% 42 168.63 + .24 2.67 1.10
Tracker and Specialist Investment Funds
Beacon Inv ‡ 84.88 … +0.35 … Higher Yield @ 83.98 88.64 -0.29 4.43 151.43 128.22 Tr 3N% 44 144.47 + .24 … 1.13
Higher Yield Acc @ 275.04 290.28 -0.92 4.32 UK Trkr B Acc ‡@ 383.60 … -2.00 3.87 159.03 134.24 Tr 3K% 45 151.49 + .27 … 1.13
Japan @ 49.06 51.78 -0.03 0.94 UK Trkr B Inc ‡@ 191.80 … -1.00 3.98 180.95 152.55 Tr 4N% 46 172.19 + .32 2.47 1.13
Cautious Man Fd A Acc ‡@285.10 … +0.50 3.38 Glob Tech Acc @ 61.75 61.84 -0.44 0.46 114.76 92.60 Tr 1K% 47 108.64 + .26 … 1.13
Managed @ 130.89 138.15 -0.06 0.66 Cautious Man Fd A Inc ‡@154.10 … +0.30 3.46 Gwth Tst Acc @ 106.00 106.50 -1.00 … 188.86 157.43 Tr 4N% 49 179.29 + .46 2.37 1.12
Managed Trust @ 71.96 76.96 +0.17 … China Opp Fund A Acc ‡@1529.00 … +4.00 0.21 High Inc Acc @ 134.70 136.70 … 4.79 UK and Income Investment Funds 182.25 149.70 Tr 3O% 52 172.90 + .66 … 1.08
Dealing: 020 7426 6232 Mngd Pfolio Inc @ 95.54 100.84 -0.11 0.58 206.16 167.58 Tr 4N% 55 195.14 + .81 2.18 1.06
Emg Mkts Opps Fd A Acc ‡@208.40 … -0.40 0.62 Japan Ind Acc @ 64.94 64.94 +0.17 1.63 Corp Bond B Acc ‡@ 356.20 … +0.70 2.27 129.93 100.05 Tr 1O% 57 122.12 + .74 … 1.04
Winchester ‡ 3154.07 … +20.16 1.20 Pacific Grth @ 498.71 526.34 -2.81 1.34 Erpn Grth Fund A Acc ‡@ 244.80 … -0.60 0.86 Pacific Ind Acc @ 172.80 172.80 +0.60 2.72 Corp Bond B Inc ‡@ 134.00 … +0.30 2.30 209.19 166.42 Tr 4% 60 197.37 +1.08 … 1.03
Smaller Comp @ 756.24 798.14 +1.64 … Erpn Sel Opps Fd A Acc ‡@1840.00 … -6.00 0.44 UK 100 Ind Acc @ 180.90 180.90 +0.90 3.20 164.59 124.66 Tr 2K% 65 153.62 +1.00 … 1.02
Smaller Cos @ 628.94 663.79 +1.36 … UK Gwth B Acc ‡@ 214.00 … -1.20 2.76
Fix Int Mnthly Inc Fd Acc ‡@32.12 … +0.05 4.03 UK Active Opps Acc @ 249.90 252.90 -0.10 … 208.10 158.53 Tr 3K% 68 194.23 +1.29 … 1.03
UK Sel Gwth B Acc ‡@ 2309.00 … -3.00 …
Global Equity Fund Acc ‡@3673.00 … -16.00 … UK Index Acc @ 318.60 318.60 +1.00 3.56
EDENTREE INV MGMT LTD Global Equity Income A Inc ‡@63.82 … -0.25 3.63 UK Index Dist @ 168.60 168.60 +0.50 3.66
0800 358 3010 INSIGHT INVESTMENT FDS MANAGEMENT LTD Global Tech A Acc ‡@ 2346.00 … -6.00 … US Ind Acc @ 603.30 603.30 -4.50 1.12 OEIC C Class Mediums (5-15 years)
Client Servs: 0207 163 4000 M-Asset Abs Ret A Acc ‡@145.80 … … 0.78 Worldwide Acc @ 328.90 328.90 -0.20 1.04 UK and Income Investment Funds 107.74 105.19 Tr 3O% 21 105.34 – .04 … 0.44
Amity European A ‡ 264.00 … -1.60 2.00
Insight Investment Multi-Manager Funds M-Man Active Fd A Acc ‡@242.90 … -0.20 … UK Gth C Inc ‡@ 144.00 … -0.80 3.32 104.42 102.95 Tr 1O% 22 103.52 – .05 … 0.40
Amity International A ‡ 293.50 … -0.40 0.96
M-Man Inc Grth A Inc ‡@ 158.70 … -0.60 2.55 UK Sel Gwth C Acc ‡@ 2409.00 … -3.00 … 107.95 105.70 Tr 2N% 23 106.58 – .06 … 0.42
Amity Sterling Bond A ‡ 106.30 … +0.10 3.87 Well Bldr Bal Acc ‡@ 96.05 … -0.32 … 112.46 109.35 Tr 2O% 24 110.61 – .07 … 0.43
Amity UK A Inc ‡ 256.80 … +1.80 1.40 Well Bldr Gwth Acc ‡@ 93.79 … -0.36 … M-Man Inc Grth Fd A Acc ‡@189.60 … -0.70 2.51 126.04 122.14 Tr 5% 25 123.07 – .09 4.06 0.44
Sterling Bond U Trst Acc ‡@242.70 … +0.50 1.83 M & G SECURITIES 110.87 105.99 Tr 2% 25 108.86 – .08 … 0.40
Higher Income A ‡ 133.10 … -0.10 4.92 STANDARD LIFE INVESTMENTS
Sterling Bond U Trst Inc ‡@68.96 … +0.14 1.85 Enq: 0800 390 390 Dealing Line: 0800 328 3196 108.89 102.68 Tr 1K% 26 106.79 – .09 … 0.44
UK Equity Growth A ‡@ 316.00 … +1.70 1.13 0845 279 3003
Strategic Bond A Inc ‡@ 126.80 … +0.20 2.89 Authorised Inv Funds 107.75 100.18 Tr 1N% 27 105.56 – .06 … 0.49
INVESCO FUND MGRS LTD Investment Funds (OEIC) - Retail Shares 132.76 125.46 Tr 4N% 27 129.01 – .09 3.29 0.49
Dling: 0800 085 8571 Inv Serv: 0800 085 8677 UK Abs Ret Fd A Acc ‡@ 160.20 … +0.50 … Charifund Inc ‡ 1664.49 … +3.86 5.00 152.14 143.36 Tr 6% 28 147.25 – .07 4.07 0.54
UK Alpha Fund A Acc ‡@ 159.20 … +0.90 1.70 AAA Inc CAT Acc ‡@ 100.90 … +0.20 1.48 147.89 136.17 Tr 4O% 30 142.91 – .08 3.32 0.65
Brkr Serv: 0800 028 2121
UK Index Fund A Acc ‡@ 645.20 … +1.20 3.04 AAA Inc CAT Inc ‡@ 58.64 … +0.10 1.50 146.36 132.72 Tr 4N% 32 141.03 – .03 3.01 0.77
F & C FUND MANAGEMENT LTD (OEICS) INVESCO Funds
UK Irsh Sm Co Fd A Acc ‡@692.50 … +2.60 0.66 AAA Income Acc ‡@ 108.50 … +0.20 1.86
Enqs: 0870 601 6183 Dealing: 0870 601 6083 UK Str Inc N/Trl ‡@ 465.60 … +0.91 3.97 UK Property A Acc @ 236.93 250.03 +0.02 3.19 Sterling Class A Investment Funds 1 Amer Eq Gth Acc ‡@ 174.00 … -1.00 …
Share Class 1 - Retail UK Property A Inc @ 100.83 106.40 +0.01 3.26 Euro Smlr Cos Acc ‡ 401.36 … -2.31 0.58 Corp Bond Acc ‡@ 182.60 … +0.40 2.69 Shorts (under 5 years)
Corporate Bd ‡@ 60.34 … +0.09 2.00 UK Tracker Fund A Acc ‡@289.30 … +0.60 3.22 Euro Smlr Cos Inc ‡ 359.79 … -2.07 2.19 Corp Bond Inc ‡@ 66.28 … +0.16 2.06
101.82 97.56 Tr 1N% 18 101.32 + … … 0.86
Emerging Mkts ‡@ 129.80 … … 0.49 INVESCO PERPETUAL Funds US Growth Fund A Acc ‡@1418.00 … -3.00 … Euro Eq Gth Acc ‡@ 216.00 … +0.10 1.34 114.36 111.68 Tr 5% 18 113.00 – .01 4.42 0.72
Euro Gwth & Inc 1 ‡@ 1143.00 … +3.00 0.03 Childrens Acc ‡@ 490.06 … +1.60 1.90 Glb Advtg CAT Acc ‡@ 143.70 … +0.10 1.20 103.78 98.22 Tr 1O% 19 103.08 – .01 … 1.04
Extra Inc Bond ‡@ 49.85 … +0.04 2.30 Corp Bond Acc ‡@ 216.66 … +0.25 2.53 Glob Advtg Acc ‡@ 190.00 … +0.10 1.18 115.07 111.17 Tr 4K% 19 114.36 – .02 3.72 0.91
Glob Eq Uncstrd Acc ‡@ 153.30 … -0.50 0.40 113.00 108.02 Tr 3O% 19 112.24 – .02 3.34 1.01
FTSE All-Shr Track ‡@ 431.70 … +1.50 3.71 High Income Inc ‡@ 392.74 … +0.40 3.56 Sterling Class A Investment Funds 2 101.87 100.70 Tr 2% 20 100.73 – .01 … 0.53
Global Gwth SC1 ‡@ 260.30 … -0.60 … Income & Grth Inc ‡@ 443.74 … +1.70 3.83 Higher Inc Acc ‡@ 142.80 … +0.10 2.69 104.40 100.50 Tr 4O% 20 100.50 – .01 4.73 0.56
JP MORGAN ASSET MGMT Extra Income Inc ‡ 795.07 … +1.39 4.76
High Inc Trst @ 13.07 13.76 … 5.44 Income Inc ‡@ 1544.34 … +1.73 3.58 Higher Inc Inc ‡@ 50.16 … +0.02 2.72 104.77 101.99 Tr 3O% 20 101.99 – .02 … 0.54
OEIC Gilt & Fxd Int Inc ‡ 102.82 … +0.28 1.30
Max Inc Bond ‡@ 49.72 … … 2.98 Money Acc ‡@ 91.05 … … 0.41 Japan Eq Gth Acc ‡@ 106.60 … +0.60 0.28 101.58 100.86 Tr 1K% 21 100.98 – .02 … 0.51
Asia A Acc ‡@ 249.90 … +0.30 0.19 Gl Hi Yd Bd Inc ‡ 49.82 … -0.03 4.91 117.00 110.28 Tr 8% 21 110.28 – .05 7.25 0.47
Multi Man Caut ‡@ 70.41 … … … Monthly Inc Plus Inc ‡@ 105.86 … +0.07 5.24 Managed Acc ‡@ 309.20 … -0.40 0.60
Emerging Mkts ‡@ 267.20 … -1.50 0.20 Index Linked Bd Inc ‡ 152.90 … +0.59 … 109.97 107.37 Tr 4% 22 107.58 – .05 3.72 0.41
Multi Man Distr ‡@ 60.44 … … 3.37 UK Aggressive Inc ‡@ 192.05 … +0.11 2.07 Select Inc Acc ‡@ 93.30 … +0.07 1.63 100.76 98.73 Tr 0K% 22 100.25 – .05 … 0.40
Eur Dyn (ex-UK) A Acc ‡@232.70 … +0.10 0.84 Index Trckr Inc ‡ 77.65 … +0.29 4.17
North Amer ‡@ 649.50 … -3.60 0.24 UK Growth Acc ‡@ 679.69 … -0.49 2.09 Select Inc Inc ‡@ 55.48 … +0.04 1.65 102.03 99.08 Tr 0O% 23 101.14 – .05 … 0.42
Euro Smllr Cos ‡@ 793.30 … -2.90 0.68 Short Dated Corp Bd Inc ‡ 25.77 … +0.02 2.17
Pacific Gwth ‡@ 503.00 … +1.60 0.24 UK Sml Cos Eqty Acc ‡@ 1537.88 … +5.22 0.56 UK Eq Gth Acc ‡@ 362.80 … +1.20 2.49
Europe A Acc ‡@ 1561.00 … -2.00 1.67 UK Select A Inc ‡ 3101.98 … +15.45 2.98 * maturities as having a 3-month indexation lag and
Strategic Bd ‡@ 201.10 … … 1.00 UK Sml Cos Gwth ‡@ 82.54 … +0.04 … UK Eq Hi Alpha ‡@ 221.70 … +0.50 3.29
Gbl Hi Yld Bd A Acc ‡@ 119.90 … -0.10 5.46 which trade on a real clean price basis, excluding inflation
UK Equity ‡@ 3638.00 … +9.00 1.78 UK Eq Hi Inc Acc ‡@ 254.40 … +0.50 4.80 adjustment charge.
UK Gwth & Inc Acc 1 ‡@ 658.50 … … … Gbl Hi Yld Bd A Inc ‡@ 36.19 … -0.03 5.66 UK Eq Hi Inc Inc ‡@ 79.31 … +0.16 4.99
UK Gwth & Inc Dist ‡@ 234.70 … … … Gl ex-UK Bd A Acc ‡@ 281.00 … +0.60 0.80 UK Ethical Acc ‡@ 231.80 … +1.30 1.56
INVESTEC FUND MGRS Sterling Class A Investment Funds 3
UK Smaller Cos ‡@ 1090.00 … -1.00 0.81 Gl ex-UK Bd A Inc ‡@ 215.30 … +0.40 0.77 UK Opps Acc ‡@ 285.00 … +2.20 0.45 This is a paid for information service. For
Broker Support and Dealing: 020 7597 1900 Glb Fins A Acc ‡@ 1077.00 … +1.00 … Corp Bd A Inc ‡ 41.72 … +0.08 3.51
OEIC Series i,ii,iii, & iv
UK Opps Inc ‡@ 259.20 … +2.10 0.46 further details on a particular fund, readers
Global A Acc ‡@ 1663.00 … +7.00 0.16 Dividend Inc ‡ 59.58 … +0.13 4.95 UK Smlr Cos Acc ‡@ 931.10 … +7.80 0.42
American A Acc ‡@ 505.80 … -1.08 … Japan A Acc ‡@ 513.90 … +5.20 … Recovery A Inc ‡ 127.69 … +0.37 3.04 should contact their fund manager.
Asia ex Japan A Acc ‡@ 754.55 … -0.71 0.02 Multi-Man Tst A Acc ‡@ 1171.00 … +4.00 0.66 Sml Cos Inc ‡ 399.04 … +0.85 2.66
FIDELITY INTERNATIONAL Capital Accumulator A Acc ‡@252.84 … -1.85 1.31 Multi-Man Tst A Inc ‡@ 1063.00 … +3.00 0.68 SVS BROWN SHIPLEY FUNDS
Private Clnts 0800 414161 Broker Dlgs 0800 414181 Enquiries: 0141 222 1151 Data as shown is
Cautious Managed A Acc ‡@412.22 … -2.45 0.38 Nat Resources ‡@ 626.60 … -2.40 1.36
Amer Spec Sits ‡@ 1703.00 … -3.00 … Cautious Managed A Inc ‡@271.16 … -1.61 0.28 New Europe A ‡@ 257.70 … -2.00 2.97 Balanced A Acc ‡@ 135.07 … -0.07 1.65 for information
American ‡@ 4749.00 … +11.00 … Diversified Growth A Acc ‡@133.90 … +0.06 0.44 Portfolio ‡@ 288.90 … … 1.29 Sterling Class A Investment Funds 4 Balanced A Inc ‡@ 124.27 … -0.07 1.71 purposes only. No offer is made by
Euro Opps ‡@ 522.80 … -1.90 0.28 Diversified Growth A Inc ‡@145.04 … +0.08 0.90 Stg Corp Bd A Acc ‡@ 101.70 … +0.20 1.63 Episode Allocation A Inc ‡@145.86 … +0.21 2.86 Cautious A Acc ‡@ 118.27 … -0.02 1.57 Morningstar or this publication
the times | Thursday January 23 2020 1G M 47
Business
MARLENE AWAAD/BLOOMBERG/GETTY IMAGES
Business Markets
news in brief
Miles Costello Tempus
Buy, sell or hold: today’s best share tips
AJ Bell faces revolt
More than a fifth of outside
A
ccording to received 1 Soho Place Clerkenwell, which went for 4.8 per new 9,000 clients to its platform
wisdom, there is a 102,600 sq ft cent above its book value. in the three months to December,
resilience about the 40 £94.70 per sq ft Its performance in central London boosting customer numbers to
central London Brunel Building W2 seems to bear out the theory about 227,000 and assets under
commercial property 49,600 sq ft the resilience of its market and the administration to £54.7 billion.
market that sets it apart from the 35 £75 per sq ft handover of power to Mr Williams
regions. Brunel Building W2 appears to have caused no disruption
33,000 sq ft
Regulators eye deal
Even if rents and asset values are to the strategy.
hit by economic cycles, businesses £77.50 per sq ft There is a potential threat from The competition and media
30 80 Charlotte Street W1
will always want to occupy space in Wework, the flexible offices provider watchdogs will scrutinise the
40,650 sq ft
the capital and will be prepared to £82.50 per sq ft that was expanding at a breakneck Daily Mail owner’s £50 million
pay a premium rate per square foot pace until it was forced to retrench takeover of the i newspaper on
Source: Refinitiv
T
he dynamics are changing in Having opened its first club in regional towns and often in more under 50 per cent in the past year Revolut, the payments and
the battle for the loyalty of the Hounslow, southwest London, it has deprived areas where a fitness centre and, with a dividend yield of just banking start-up, suffered a
nation’s fitness freaks. The been expanding and now operates is an additional resource. under 1 per cent, are for the growth problem yesterday that affected
preferences of those choosing to take 175 gyms nationwide. It was listed on Operating an online bookings investor. Trading at 20 times some of its services. It is thought
out gym memberships are polarising: the stock market in 2015 and Mr service, with no receptionist or Liberum’s forecast earnings, they are the issue was caused by an outage
we want either the no-frills basics for Treharne remains a director. towels, means that running costs are one to tuck away. at one of its third-party payment
a bargain-basement monthly rate, or There are two formats. The low. And the high cashflows providers that lasted 25 minutes
the premium offering, likely to come standard gyms tend to occupy about generated by membership fees, before services for customers
with a swimming pool and fresh 15,000 sq ft, but the Gym Group also which start at about £15 a month, ADVICE Hold returned to normal. The London-
towels. Operators in the middle are has begun to open “small box” mean that the company is close to WHY Low-cost operator taking based financial technology group
likely to get squeezed. outlets, which are about half the size. being self-financing, with net debts was launched in 2015 by Nik
Gym Group sits firmly at the It tends to cost about £1.4 million to running at a modest £47.4 million. advantage of growth of Storonsky and Vlad Yatsenko and
budget end, competing with the fit out a standard gym and just over The Gym Group is well placed to budget fitness has been hit by glitches in the
privately owned and larger Pure half that to install all the equipment capitalise on consumers’ growing past. A spokeswoman for the
group declined to comment.
PRICES
Major indices London Financial Futures Commodities
New York Zurich Period Open High Low Sett Vol Open Int ICIS pricing (London 7.30pm) Brent (9.00pm)
Dow Jones 29186.27 (-9.77) SMI Index 10895.07 (+10.56) Long Gilt Mar 20 133.44 133.73 133.22 133.50 215663 643942
Jun 20 132.60 132.60 132.50 132.74 100 Mar 63.14-63.13 Jun 61.02-61.00
Nasdaq Composite 9383.77 (+12.96) DJ EURO Stoxx 50 3769.79 (-19.33) Apr 62.36-62.35 Jul 60.37-60.34
3-Mth Sterling Mar 20 99.400 99.405 99.365 99.385 231722 621998
S&P 500 3321.75 (+0.96) Crude Oils ($/barrel FOB) May 61.67-61.66 Volume: 1760021
Jun 20 99.460 99.470 99.420 99.440 138913 701091
London Sep 20 99.485 99.500 99.440 99.470 158570 568787
Tokyo FTSE 100 7571.92 (-38.78) Brent Physical 62.45 +0.11
Dec 20 99.470 99.490 99.430 99.460 97588 657466 LIFFE
Nikkei 225 24031.35 (+166.79) BFOE(Mar) 63.30 -1.38
FTSE 250 21762.98 (+17.57) Mar 21 BFOE(Apr) 62.58 -1.38
3-Mth Euribor Mar 20 100.39 100.39 100.39 100.39 35871 430284 WTI(Mar) 56.74 -1.64 Cocoa
Hong Kong FTSE 350 4259.13 (-17.46)
Jun 20 100.39 100.39 100.38 100.38 41421 438019 WTI(Apr) 56.76 -1.58
Hang Seng 28341.04 (+355.71) FTSE Eurotop 100 3201.19 (-9.47) Sep 20 100.38 100.39 100.38 100.38 54878 518920
Mar 2000-1998 May unq
May 2023-1993 Jul unq
FTSE All-Shares 4206.93 (-16.42) Dec 20 100.37 100.38 100.37 100.37 56693 555651 Jul 1990-1986 Sep unq
Amsterdam
FTSE Non Financials 5021.06 (-29.29) Mar 21 Products ($/MT) Sep 1956-1953
AEX Index 611.56 (-0.32) 3-Mth Euroswiss Mar 20 100.70 100.70 100.69 100.70 7033 41147 Dec 1829-1816
techMARK 100 6052.46 (+4.99) Mar unq Volume: 85406
Jun 20 100.72 100.72 100.71 100.72 6989 48559 Spot CIF NW Europe (prompt delivery)
Sydney Bargains n/a Sep 20 100.73 100.74 100.73 100.73 3787 38743
AO 7249.00 (+68.50) US$ 1.3124 (+0.0080) Dec 20 100.74 100.74 100.73 100.74 9354 31625 Premium Unld 593.00 593.00 -11.00 RobustaCoffee
FTSE100 Mar 20 7536.5 7575.0 7496.0 7500.5 96220 708631 Gasoil EEC 550.25 552.25 -14.75
Frankfurt Euro 1.1838 (+0.0075) 3.5 Fuel Oil 278.00 280.00 +1.00
Jun 20 7482.0 7482.0 7482.0 7417.0 1 365 Jan 1289-1250 Sep 1395-1376
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the times | Thursday January 23 2020 1G M 49
Markets Business
GORAN TOMASEVIC/REUTERS
L
ondon’s insurers were given a
boost yesterday after it leisure
emerged that the amount
they paid out in natural
disaster claims had fallen
sharply last year.
Protest vote falls on deaf ears
According to Aon’s annual
A
catastrophe report, there were 409 quarter of and John Magnier,
natural disasters around the world in investors in the Irish horse racing
2019 that caused $232 billion worth of Mitchells & tycoons.
damage. Two typhoons in Japan in Butlers have voted Despite the
September and October were the against the re- rebellion, with the
costliest events, with their combined appointment of a trio backing of the two
insured losses put at $15 billion. of board directors, largest shareholders,
Not all of the total damages of including the son of who between them
$232 billion were covered and the Daniel Levy, the own more than half of
global insurance industry was on the Tottenham Hotspur the company, the
hook for “only” $71 billion — still a lot chairman. three directors were
of money, clearly, but much lower Just shy of 23 per Josh Levy and his successfully re-
than the bill insurers faced in cent of shareholders father Daniel attend a appointed to their
previous years. In 2018, they paid out voted not to re-elect Tottenham match positions.
Josh Levy, while a Mitchells & Butler
had fallen to northeast of Santiago, little more than 25 per shareholders: declined to comment
Protests 185.5 kilotonnes in the the capital, which was Wall Street report cent did not want Piedmont, the on the results of the
three months to the gripped with anti- Eddie Irwin and Ron investment vehicle of vote, which took place
leave miner end of December, from government Wall Street tried to look beyond the Robson, the deputy Joe Lewis, the at Tuesday’s annual
197 kilotonnes in the demonstrations last coronavirus and its effect on world chairman, to return to billionaire owner of general meeting in
seeing red previous quarter. year, above. The mine trade, but the stream of bad news their roles. Tottenham, the Birmingham.
Output was affected accounts for nearly about the outbreak pushed indices The three non- Premier League Mitchells & Butlers
A
ntofagasta has by issues including half of the company’s steadily down after a bright start. The executive directors all football club; and shares closed 11½p, or
reported a disruption of fuel total copper output. Dow Jones industrial average fell 9.77 have links to the pubs Elpida Group, which 2.9 per cent, higher
5.8 per cent drop deliveries to its main Chile is the world’s points, or 0.03 per cent, to 29,186.27. group’s two largest is run by JP McManus yesterday at 413½p.
in fourth-quarter Los Pelambres mine, largest producer of the
copper production, maintenance at its red metal.
hampered by months Centinela mine and a London-listed shares $100 billion and in 2017 a record 0.75 per cent next week. Before the back in. The shares dropped 3¾p, or
of civil unrest in Chile workers strike at its in the miner fell 43p, $157 billion. Over the past decade, the data came out, the markets had been 1.5 per cent, to 245¾p.
(Robert Miller writes). Antucoya project. or 4.5 per cent, to 907p, average annual cost to the insurance pricing in a 61 per cent chance of a The FTSE 250, which is less
The miner said that Los Pelambres is valuing Antofagasta at industry from earthquakes, cut. That helped to push sterling up sensitive to fluctuations in sterling,
production of copper located about 150 miles £8.9 billion. hurricanes and the like has been by 0.7 per cent against the dollar to made a small gain of 17.57 points, or
about $85 billion. $1.313, while the pound made a similar 0.1 per cent, to close at 21,762.98.
Analysts said that many in the move against the euro to €1.185. A Brave investors thinking about
Results in brief industry had hoped for an even lower strong pound is rarely good news for taking a punt on Tullow Oil after its
Name Pre-tax figure Dividend figure to help to offset a rise in Footsie constituents, who make three recent woes were deterred from doing
Profit (+) loss (-) casualty claims in the United States, quarters of their earnings overseas. so by Investec. Even with the shares
Ideagen (technology HY) £93,000 (-£0.6m) 0.104p p Mar 18 where litigation and big jury awards M&G, the investment group spun down 65 per cent over the past six
Van Elle (industrials HY) £0.9m (£2.4m) 0.2p p Mar 27 have hurt insurers, but the news was out of Prudential, became a victim of weeks, its analysts said they saw
Wynnstay (in dustrials FY) £7.6m (£9.5m) 14p f 9.40p p Apr 30 welcomed all the same. Shares in its own success as Barclays “limited scope for investment” in
6 Results in brief are given for all companies valued at more than £30 million. f = final p = payable Hiscox closed 28p, or 2.1 per cent, up downgraded it to “equal weight”. Tullow. It helped to send Tullow
at £13.68, while those of Beazley, its Analysts at the bank said that M&G shares down another 3½p, or 6.4 per
The day’s biggest movers smaller peer, rose 17½p, or 3.3 per had “surpassed expectations” since its cent, to 49½p. They had been at 141p
cent, to 552½p. demerger last October, with its shares before last month’s horror update.
Company Change The FTSE 100 found itself in the up by almost a quarter in that time. Elsewhere, shares in Consort
Trainline Recovers losses from earlier in the month 5.7% red, falling 38.78 points, or 0.5 per One of their concerns was the asset Medical, the drug delivery devices
Berkeley Plans to return £1 billion to shareholders 4.4% cent, to 7,571.92, driven lower by a management business, from which company, closed flat at £10.10, the
PPHE Hotel Shares hit record highs 4.0% resurgent pound as expectations of a investors have been pulling their level at which Recipharm, its Swedish
Clarkson Shares have risen by more than a third since beginning of September 4.0% cut to interest rates started to recede. money over the past couple of years. rival, has tabled a £505 million cash
Sage Encouraging performance in first quarter 3.9% With yesterday’s manufacturing data Barclays reckons that this trend will offer. Recipharm yesterday swept up
Close Brothers Cautious trading update -4.9%
Burberry Analysts describe update as “underwhelming” -5.0%
showing a post-election bounce in need to reverse if the shares are to almost 4.9 million shares in Consort,
NMC Health Investors remain nervous while review goes on -5.4% optimism, the City thinks it is now a move higher, but it doesn’t think representing 9.9 per cent of the stock,
TUI Boeing pushes back 737 Max return date -5.5% toss-up as to whether the Bank of M&G’s funds have performed well at that price, and a further 118,563
Tullow Oil Investec warns off investors looking to take a punt -6.4% England cuts rates or holds them at enough for investors to start piling shares at £10.
Zinc Spec Hi Gde ($/tonne) deposits % Mkt Rates for Range Close 1 month 3 month
Bahrain dinar
Brazil real
0.4917-0.4988
5.4945-5.5006
Sweden Kr
Switzerland Fr
13.230
1.390
11.760
1.200
2466.0-2466.5 2449.0-2450.0 2408.0-2413.0 Copenhagen 8.7890-8.8696 8.8531-8.8544 106ds 301ds Euro 1.1847-1.1848 Turkey Lira 8.620 7.370
Currency
Euro 1.1871-1.1765 1.1848-1.1847 8pr 24pr Hong Kong dollar 10.206-10.208 USA $ 1.420 1.250
Alum Hi Gde ($/tonne) 1mth 3mth 6mth 12mth Rates for banknotes and traveller's cheques as
Montreal 1.7053-1.7274 1.7272-1.7274 16pr 47pr India rupee 93.334-93.340
1807.0-1807.5 1817.0-1819.0 1945.0-1950.0 Dollar Indonesia rupiah 17910-17922 traded by Royal Bank of Scotland plc yesterday
New York 1.3034-1.3149 1.3133-1.3134 12pr 37pr
0.13 0.20 0.29 0.55 Kuwait dinar KD 0.3978-0.4001
Nickel ($/tonne) Oslo 11.700-11.817 11.794-11.798 93pr 296pr
Sterling Malaysia ringgit 5.3354-5.3419
Stockholm 12.394-12.519 12.492-12.496 71ds 187ds
13640.0-13645.0 13730.0-13750.0 14120.0-14170.0 New Zealand dollar 1.9930-1.9935 Data as shown is
0.63 0.70 0.74 0.81 Tokyo 143.34-144.57 144.31-144.33 10ds 31ds Singapore dollar 1.7714-1.7718 for information
Tin ($/tonne) 15mth Euro Zurich 1.2640-1.2754 1.2731-1.2732 15ds 45ds S Africa rand 18.826-18.839 purposes only. No offer is made by
17550.0-17575.0 17575.0-17600.0 17475.0-17525.0 0.10 0.15 0.20 0.50 Premium = pr Discount = ds U A E dirham 4.8238-4.8240 Morningstar or this publication
550 1G M Thursday January 23 2020 | the times
210 150 EPE Special Oppsv 197 … … 3.2 59K 38W LMS Capital 38W … … -6.7 803 532K Barratt Devs 803 – 3O 3.4 11.1 40 22K Plaza Cent 37K … … … 971 652 Bodycote 895 – 19K 2.1 17.0
823X 702X FBD 707V + 5Y 6.3 4.8 4W 1V Location Sciencesv 1K … … -1.1 4040 2698 Bellway 4040 – 32 3.6 9.2 9K 3 PME African Infrav 3 – W … -0.7 … … Bould Opportunitiesv# … … … -0.3
12 month Price
High Low Company (p) +/- Yld% P/E 546K 372O Polypipe Group 535K + 5 2.1 21.6 2600 1400 Braime A N/Vv 1650 – 100 0.7 10.9
70 59 Fiskev 59 – 2K … … 7986 4413 Lond Stk Ex Gp 7986 + 278 0.7 58.8 5412 3437 Berkeley 5412 + 226 0.5 13.5
160 112 Primary Hlth‡ 157O … 3.4 … 2500 1450 Braime Groupv 1550 … 0.7 10.3
39 27 Frenkel Toppingv 38 … 3.3 27.3 248 202X M&G 245O – 3O … 4.1 1200 918 Big Yellow Group 1170 + 6 2.8 12.0
51O 36W Raven Property 48K – 1X … -4.6
Automobiles & parts 1149K 814 Georgia Capital 814 + 1 … … 175V 130K Man 153X – V 5.9 10.7 396 260 Billington Hldgsv 396 + 13 3.2 10.2
140K 130 Raven Property Group 135K + K … …
425 365 Caffyns 400 … 5.6 …
7K 2N GLI Financev 5W + X … -0.8 9O 7K Manx Finv 8Y … … 3.4 335 233 Boot (Henry) 332 – 2 2.7 12.4 9V 2O Cap XX Ldv 3W – V … -6.9
… … Raven R CNV Pref 119K … … …
1374W 399N Aston Martin Lagonda 434 – 1K … -6.5 650 440 Gresham Housev 650 … 0.4 … 1N X Marechale Capv Y … … -2.9 93 58 Breedon Groupv 93 + 3K … 21.1 449 347 Castings 417 + 3 3.5 14.8
… … Raven Russia Wnts 21 … … …
1355 892K Gresh Hse Stratv 1355 + 5 1.4 … 8667Y 6323N Marsh McLn 8667Y – 4K 1.5 36.3 638O 468N Br Land‡ 578W – W 5.4 -8.5 76 18K Chamberlinv 27 – 1K … -0.3
815 99W RDI REIT 136O … 9.8 18.4
Banking & finance 100X 82N Gulf Invest 100 … 2.3 6.9 822K 662K Mattioli Woodsv 822K – 2K 2.1 26.7 255 162K Caledonian Tstv 197 – 3 … 11.2
58 49 Real Estate Invsv‡ 55N + N 6.5 22.3
56K 29K Checkitv 30K … … 19.0
729 354 Cohortv 725 … 1.2 40.7
398 269 H&T Groupv 361 – 9 3.0 11.8 1K 1V Metal Tigerv 1N … … 2.6 270K 184O Cap & Count Prop 253O – 3X 0.5 …
788 533 Redrow 788 + 1 3.8 8.5
50K 23O 1PMv 32O … 2.8 4.9 114K 82 Croma Securityv 95 + K 1.7 12.1
48V 36V Hansard Global 43 + N 10.3 13.0 2202 166 Metro Bank 207V + 2V … … 333 136 Cap & Regnl 240 – 4 1.0 … 817K 527K Safestore 781 + 12 2.0 12.9
2324 2014 Admiral 2300 + 5 3.9 16.6 1125 825 Dewhurstv‡ 1075 … 1.1 21.6
42K 16K ADVFNv 16K … … … 2433 1633 Hargreaves L 1807 + 11 1.7 34.7 1579X 1256 Nat Aust Bk 1338V + K 7.4 14.0 1775 1700 Cardiff Prop 1725 … 0.9 14.0 1240 773 Savills 1240 + 12 1.2 23.0
570 230 Dialight 266 + 10K … 51.1
141 73K Amryt Pharmav 123K – 2K … -2.1 231K 167Y Hastings Gp 180 … 7.5 12.4 306 212 Numisv‡ 284 – 1K 4.2 21.1 52 35K Carecapitalv 37K – N … -3.0 10 6K Secure Propertyv 8K + N … -6.6
16153V 11663Y Aon Corpn 16153V + 76 0.8 33.6 2148V 1664O Electrolux 'B' 1898X – 45K 3.6 18.8
141K 117K Helios Underv 135 … … 21.8 452 313K Onesavings Bank 410O + K 3.5 7.7 140 91 Clarke T 130K – K 3.0 8.7 904O 625W SEGRO 904O + 11 2.0 10.4
61O 46V Appreciate Groupv 59O – 1K 5.3 12.2 1Y X Feedbackv Y … … -3.3
1390 1040 Arbuthnot Bkgv 1300 … 2.6 26.8 … … Highway Capital# 15K … … -5.0 N V Origo Partnersv V … … -0.4 312K 212 CLS Hldgs 280 – 2K 2.4 8.1 153 93V SIG 95 … 3.9 …
4Y 2V Arc Mineralsv 3 … … -2.8 1527K 954 Gooch Hsegov 1420 – 5 0.8 94.6
1777 1213 Hiscox 1368 + 28 2.4 39.8 553K 388 Paragon‡ 501K + 7K 3.8 9.4 507 277K Countryside Prop‡ 507 + 8V 2.4 13.5 52K 38 SigmaRocv 50O – N … 29.1
27 15 Arden Partnersv 17 – 1 5.8 -2.3 3700 2440 Goodwin 3480 + 120 2.7 23.8
680K 552N HSBC 581V – 4W 7.0 11.1 1118 825 PayPoint 1044 … 3.7 16.4 564 162O Countrywide 374K + 5K … 0.1 124K 109K Smart (J) 124K … 2.5 8.0
25 15N Argo Groupv 24K … … 15.6
2164 1390 Halma‡ 2118 – 11 0.7 44.5
561K 377V Ashmore Gp 561K + 8 2.9 22.4 708 474O IG Group 683K – 6O 6.8 15.9 38 24K PCF Groupv 35K … 0.8 14.8 298W 141K Craven Housev 228N + 7K … -3.9 510 373 St Modwen Prp 500 + 7K 1.4 18.4
1524O 1277V Aus New Z 1338X + 10Y 6.5 11.4 43K 20 Steppe Cementv 32 … 9.3 7.5 1510 1049 Hill & Smith 1425 – 5 2.2 21.9
402 184 Impaxv 402 + 17 1.1 33.2 758X 627K Phoenix Gp 744 + 4Y 6.1 9.8 445 332 Crest Nicholson 444K + 3K 7.4 8.3
438O 352N Aviva 410N + Y 7.3 7.0 46 35 Holders Techv 45 … 1.6 12.2
216W 142Y Taylor Wimpey 216W + 2 2.8 10.8
402 295 Banco Santander 301X – 5O 4.8 10.6 1693 971K Intermediate Cap 1693 – 13 2.6 23.9 K … Plutus PowerGenv … … … -0.4 3100 2170 CRH 2915 – 30 2.2 16.8
232 171 Town Centre 230 + 8 5.1 -9.8 3W O Image Scanv 2N … … -7.1
1755 1252 Bank of Georgia 1554 – 1 4.4 5.8 218 87 IPF 158K + O 7.8 5.2 4X 2O Polo Resourcesv 3X – V … -1.8 6160 4715 Daejan 5210 – 80 2.0 14.2
192W 136V Barclays 174O + N 4.0 16.2 1692K 1166 Travis Perkins 1620 – 19K 2.9 54.9 1206 906 IMI 1163K + 2K 3.4 18.6
628 492K Beazley 552K + 17K 2.2 23.5 171 146O Intl Public Pntshp 169W + K 4.1 15.8 610 356 Provident 473W + 11 2.1 20.2 4186 2884 Derwent London 4186 + 52 1.5 21.2
159X 135N Tritax Big Box REIT 140K – V 4.7 10.1 V … Inspirit Energyv … … … -3.8
V … Blue Star Capitalv V … … 1.8 518K 395N Investec 440W + 4V 5.5 9.1 1528K 1132N Prudential 1412 + 7K 3.5 13.8 5Y 4 Dolphin Capitalv 4V … … -1.5
271K 116 Tyman 260 … 4.6 20.9 6020 2560 Judges Scientificv 5580 + 380 0.7 32.5
311 208 BP Marsh&Ptnrsv 262 … 1.8 8.0
347 293 Investment Co‡ 331 – 10 5.5 … 7W 2K Quadrise Fuels Intlv 2Y … … -8.6 12V 9Y Dragon-Ukra Propv 10O – N … 6.9
13N 8N Braveheart Invv 10K … 4.7 -1.3 1302 872 Unite Group 1302 + 22 2.2 14.4 112K 79 LPAv 93K … 3.1 16.2
375V 287K Brewin Dolphin‡ 363 … 4.5 21.8 112W 55X IP Group 69W + 2 … … 167K 120O Quilter PLC 165W … 2.0 21.7 1W … EQTECv V … … -0.4
358 262 Urban&Civic plc‡ 351 – 4 1.0 11.4 697V 489Y Meggitt 679W – 12K 2.4 36.7
47W 29O Carador 29O … 12.9 -4.7 … … IRF Euro Fin Inv V … … … 223 147 Randall & Quilterv 177K … 3.1 8.1 52 39K First Propv 44O … 3.7 8.5
73 38 Cenkos Secsv 59K + 2 7.5 19.1 1382 939V Vistry Group‡ 1382 + 15 4.1 12.6 244N 156O Melrose 244N + 2K 1.8 …
513 435 Jarvis Securitiesv 479 … 5.4 14.0 2540 1974 Rathbone Brs 1974 … 3.3 45.2 46 40 Fletcher Kingv‡ 43K … 4.0 19.1 115K 98O Warehouse REITv 115K – 1 5.1 13.8
334 235 Charles Stanley 330 … 2.6 14.7 324O 232W Morgan Advanced 320 + 2K 3.4 15.8
389K 259K Chesnara 325K … 6.3 8.6 432 314 Jupiter Fund Mgmt 386 + 2Y 4.4 13.3 187 90 Reddev 104 – 1K 11.2 9.3 88 48N Foxtons Group 83O + N … … 1198 806 Workspace Grp‡ 1197 + 26 2.7 16.2 299 131K Mpac PLCv 299 – 7 … …
145 132K City of Lon Gpv 132K – 2K … …
108Y 36 Just Group 71O + 1V … … … … Robeco N/V 2670Y … … … 886 132K Galliford Try 132K – 3O 54.3 1.6 612K 550 Wynnstay Propsv 612K + 5 3.1 6.9 222 162K MS Intlv 190 … 4.3 35.1
467 372K City Lon Inv Gp 462 + 4 5.8 13.5
X V Clear Leisurev N … … -0.5 780K 561K Lancashire Hdgs 759K – 1K 1.5 … … … Rolinco N/V 2489O … … … 984 698 Gleeson (MJ) 976 + 26 3.5 16.1 179K 112 Northbrdg Indv 156K … … …
1663 1227 Close Bros 1490 – 77 4.3 11.2
160W 77W CMC Markets 160W + 8V 1.2 18.4
200 18K Leaf Clean Energyv 197 … … 1.7 270W 177X Ryl Bk Scot 222X – 2 2.4 13.4 937 645K Grafton Gp Uts 899 + 3 2.0 14.1
Consumer goods 1626 866 Oxford Inst 1580 – 2 0.9 26.8
27 14 Leeds Groupv 17 … … -3.6 597 501K RSA Ins 555V + 5K 3.7 21.9 315K 217W Grainger‡ 300 + 1O 1.7 15.1 3843 2661X Philips El nv 3843 + 53K 1.9 29.7
693 402W Commerzbk 432 – X … 7.5
696Y 501X Deutsche Bk 638V + 6 1.5 -3.2 317X 216X Legal & Gen 310N + 2X 5.2 9.8 2440 1767K S & U 2140 + 20 5.5 9.0 943 649W Gr Portland 943 + 5W 1.2 41.7 8K 5W Agriterrav# 5W … … -0.5 6O 4 PipeHawkv 6V … … 8.5
366K 270K Direct Line Ins 336K + 4W 6.2 10.7
65605K 583X Liberty Group 583X – 6N 6.6 10.5 59 52K Schroder REIT 56 … 4.6 28.0 388W 203Y Hammerson 251W – 1 10.3 -3.0 77 37 Aireav 43K … 8.6 5.9 133 75 Pressure Techv 121 + 3K … …
78K 71 Downing ONE VCT 72 … 6.9 …
189O 126N EFG-Hermes Hldg 153X – 6 4.2 8.8 1295 570 Liontrust 1295 + 20 1.7 39.7 3419 2541 Schroders 3259 + 7 3.5 19.5 117 86N Hansteen Hldgs 116K – V 5.3 11.0 590 427K Anglo-Eastern 588 + 23 0.3 … 583 59K PV Crystalox Solar 60 … … 3.9
196 115 Animalcarev 195 … 2.2 … 4670 3232 Renishaw 3538 – 62 1.7 27.9
2672 2106 AB Foods 2670 + 6 1.7 24.0
Investment companies 170 93N Bakkavor Group 139V + O 4.3 18.3
35K
988W
17V Renoldv
649 Rolls-Royce
17X +
649 – 15
V … 5.5
1.8 -5.1
12 month Price Yld Dis(-) 12 month Price Yld Dis(-) 975 526 Barr (AG) 555 + 10 3.0 19.6 4 Y Ross Gp 1W … … …
High Low Company (p) +/- % or Pm High Low Company (p) +/- % or Pm 37K 5O Bidstack Groupv 8O – W … -4.3 341V 267K Rotork 320 – 4K 1.8 30.7
3507 2375 Brit Amer Tob‡ 3388 – 25 5.8 12.6 91X 32O SDI Groupv 91X + 1N … 40.4
1189 808K 3I Group 1121K … 4.3 31.0 640 447 IP UKSmallerCos 632 + 2 1.7 1.8 1068 850 Britvic‡ 898 + 1K 3.1 20.1 239V 165 Senior 165 + V 4.5 15.3
306K 229O 3i Infrastructure 303 – K 3.7 26.9 507Y 408 JPM American 502 – 1 1.3 -4.9
2345 1695 Burberry Grp‡ 2150 – 113 1.9 24.8 87 61 Severfield 87 + 2O 3.2 16.3
121K 100Y Abrdn Div I&G 109K … 4.2 -9.5 428 332 JPM Asian 408 … 3.7 -1.6
1547X 1095 Aberforth Smlr 1496 – 4 2.5 -3.3 80O 61K JPM Brazil 79 + N 0.8 -15.1 410K 269 C&C Grp 366 … 3.7 16.6
21K 13 Six Hundredv 15K … 4.8 5.1
874 708 Alliance 858 – 6 1.5 -4.6 381V 233O JPM Chinese 367K + 3K 0.6 -8.3 173 130 Carr's Grp 156 + 2 2.9 12.1
438 356 Asia Dragon Tr 424 – 2O 1.0 -9.6 798 650 JPM Claverhs 796 + 4 3.6 -0.9 1595W 1155K SKF B 1471V – 37V 3.3 12.2
249 175 Athelney Trust 235 – 5 3.4 -16.8 106 99 JPM Elect Mg C 102K … 0.3 -0.7 582K 322 Character Grpv‡ 325 + 6 7.0 6.7
97K 65 Slingsby (HC)v 65 … … -0.8
802 695 AVI Global Trust 796 … 1.9 -9.2 924O 755O JPM Elect Mg G 917K … 1.7 -2.1 2020 1160 Churchill Chinav 1990 … 1.4 27.7
940 748 Baillie Gifford Euro Gr 936 + 14 2.9 -5.7 113 96 JPM Elect Mg I 111K … 4.1 -2.6 1748 1378 Smiths 1729K – 5 2.5 49.2
3074 2299 Coca Cola HBC 2752 – 27 1.8 26.7
851 708 Baillie Gifford Jpn Tr 836 – 1 0.4 0.1 1277K 859 JPM Em Mkts 1062 – 10 1.2 -6.3 670 343 Solid Statev 667K + 12K 1.8 16.0
193O 167 Baillie Gifford SN 181W – 1O … … 305 263 JPM Eur IT Gth 302 + 4 2.5 -12.8 540 410 Colefaxv 435 … 1.1 11.0
390 185 Somero Enterv 288K + 28K 5.1 11.1
206N 129K Baillie Gifford UK Gr 201 – 1 2.1 -5.5 166 138K JPM Eur IT Inc 162 + 3K 3.7 -11.0 3464 2472 Cranswick‡ 3448 – 36 1.6 24.3
1037X 801 Bankers 1018 – 4 2.1 1.0 398 337 JPM Euro Smlr 395 – 2 1.5 -12.2 2962 2234 Spectris 2780 – 13 2.1 67.9
221K 155K Devro 170W + V 5.2 18.7
1680 1430 BH Global 1575 + 40 … -3.7 144X 122K JPM GEMI 138 … 3.6 -4.5 9400 6240 Spirax-Sarco 9095 – 80 1.1 30.3
2840 2250 BH Macro 2640 + 20 … 1.3 360 293 JPM GG&I 357 + 2 3.8 1.7 3625K 2701 Diageo 3222 – 30 2.0 24.7
964N 648 Biotech Growth 950 – 10 … -7.7 812 631 JPM Indian 738 – 10 … -8.2 26O 10 Surface Trsfmsv 26O – K … …
2W K Distil PLCv O … … 77.5
78O 63V BlckRck Com Inc 69V – V 5.1 -11.4 451 343 JPM Jap Sml Co 446 + 2 3.5 -6.3 108K 73 Tex Hldgs# 73 … 3.4 -4.9
145 123Y BlckRck Fro Inv 131 – 1 5.2 3.7 477K 368 JPM Japan 465 – 1 0.9 -8.7 1K K Equat Palm Oilv X … … -0.1
359 251 Thorpe FWv 343 + 1 1.5 24.8
423 286 BlckRck Grt Euro 422 + 2K 1.4 -2.8 1375 995 JPM Mid Cap 1350 + 15 2.1 -4.8 101O 60 Finsbury Foodv 96 … 3.5 13.7
211X 181K BlckRck Inc & Gwth 207 + 4 3.3 -6.2 104 91W JPM Mlti-Ass 102K + N 3.7 -5.9 7Y 6 TP Groupv 7Y – V … 4.0
6960 2800 Games Workshop 6805 – 95 2.2 33.8
544 430N BlckRck Latin Am 504 … 4.8 -8.3 804 514 JPM Russian 784 – 8 3.8 -10.7
1618W 833Y Glanbia 910N + 46N 2.3 13.7 88K 42K Transense Techv 70K – 2K … -6.3
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the times | Thursday January 23 2020 1G M 51
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Obituaries
Terry Jones
Affable, modest and ‘quasi-academic’ Monty Python star who loved absurdity
The Pythons, members of s
staunch opponent of the
Monty Python’s Flying Cir- in
invasion of Iraq in 2003, a
cus, were known as “the s
subject about which he wrote
Beatles of comedy” and just n
numerous anguished news-
like the Fab Four they could p
paper articles suggesting,
never really leave the group, a
among other things, that
even when it was disbanded. G
George W Bush and Tony
Terry Jones was always B
Blair had been lobotomised.
described as “ex-Python I was one of the rare
It
Terry Jones”, in the same m
moments when he had a
way that Paul McCartney s
sense of humour failure.
has always been “ex-Beatle The critic and writer
Paul McCartney”, despite G
George Perry said Jones
both of them going on to c
could speak eruditely on any
have successful solo careers. s
subject from fossil fuels to
Jones, who became a film R
Rupert the Bear, medieval
director, author and histori- m
mercenaries to modern
an specialising in the Middle C
China, while Eric Idle —
Ages, never minded being g
good-naturedly, it has to be
labelled in this way. He was s
said — maintained that
as affable off screen as on, J
Jones was “the most boring
and such was his modesty he m in the world”.
man
declined to have a blue One feature that perhaps
plaque put up outside the ty
typified his gallery of Python
house in Colwyn Bay, north c
characters more than any
Wales, where he was raised. o
other was their cheeriness,
Yet a blue plaque would n matter how ridiculous the
no
have been appropriate, given s
situation, that and his voice
that he helped to revolution- — the way he pronounced
ise British comedy not only byy writing Life of Brian (1979), the team’s most his Rs as Ws in a distinctive croak.
some of the most memorable Python acclaimed and controversial film, as There was always a chuckle just below
sketches, in partnership with Michael well as The Meaning of Life (1983), their his surface and, combined with his
Palin, but also playing some of the more hit-and-miss swansong in which, distracted air, this made him seem like
funniest characters, ranging from a among many other roles, Jones played an absent-minded don who couldn’t
naked organist and a strait-laced City Mr Creosote, the obese diner who remember where his next lecture was
gent, to a series of gloriously dowdy, explodes after being tempted to eat a supposed to be.
screechy-voiced old crones known wafer-thin mint when he is already Terence Graham Parry Jones was
collectively to the Python team as “absolutely stuffed”. born in 1942 in Colwyn Bay, where his
“pepperpots”. The waitress he played in After the first break-up of the troupe father, Alick, worked for a bank. The
the Spam sketch was one such. family moved to Surrey when Jones
He and Palin were considered the Eric Idle maintained that was young, though he remained proud
gentle Pythons. “Mike and I just wanted of his Welsh roots. He excelled academ-
to be loved,” he once said of their Jones was ‘the most ically and at just about everything else
output. John Cleese and Graham he tried. Head boy at the Royal
Chapman formed a second writing boring man in the world’ Grammar School in Guildford, he also
partnership within the group, one that captained the rugby and boxing teams,
was considered more dangerous and in 1974 — Cleese took on the though he had no opportunity to act
provocative, while Eric Idle tended to McCartney role and was the first to because at his school, he reckoned,
work on his own, writing the songs, and officially walk out — Jones initially “drama was a synonym for
another Terry, Gilliam, handled the shied away from acting. His subsequent homosexuality and all that is bestial in
animation, including the giant cartoon profile would in consequence never be human nature”.
foot that was wont to stamp with a as high as that of Cleese, who made His relationship with his father was
splodge sound. Fawlty Towers, or Palin, who became distant. “I remember seeing him for the
Jones showed early signs of wanting the doyen of the travel programme. He first time when I was four and a half. I’d
to expand beyond the confines of comic did, however, enjoy a successful and only seen photographs of him before
actor-writer when he co-directed wide-ranging career as a film director, then because he had been based in
Monty Python and the Holy Grail (1975) popular historian and author of books India during the war, in the postal
with Terry Gilliam. He also directed for children and adults. He was also a service. I grew up with women doting
on me — my mother and grandmother
— and when my father came back he
wanted to impose some strict
Edwardian values. I suppose I resented
the intrusion.”
His mother, Alice, certainly did adore
him. “She treated me like her little pet.
I felt my first duty was to please her, and
that could be onerous.”
His earliest ambition was to be a poet,
to which end he studied English at
Oxford University. While there he
also worked on Isis, the university
magazine, and performed in Brecht
plays as a member of the Experimental
Theatre Club. As a break from serious
drama, the club also did an annual revues attracted impressive audiences television comedy and satire
revue, for which Jones — inspired in and played at the Edinburgh festival programmes, including The Frost
part by listening to Peter Sellers and and on the West End. For their Report, Do Not Adjust Your Set and The
Spike Milligan performing on the radio final show they moved away from Complete and Utter History of Britain,
in The Goon Show — wrote material satirical material to the more zany and which featured television interviews at
with another undergraduate, Palin. surreal style of comedy that would the battle of Hastings, an anachronism
Their sketches included a deadpan characterise Python. that would become a favoured device of
analysis of custard-pie jokes that he Jones graduated in 1964, Palin in the Pythons.
Jones and Eric Idle in the 1971 film And Now for Something Completely Different. would still be performing years later 1965, and they subsequently wrote for, The “Oxford men” Palin and Jones
Top: Jones and Michael Palin, who formed a partnership at university, in 1975 at Monty Python gigs. Their Oxford and occasionally appeared in, several soon came into contact with the
the times | Thursday January 23 2020 1G M 53
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Court Circular Births, Marriages and Deaths newsukadvertising.co.uk 6 020 7782 7553
Discussion with female members attended a Dinner given by the THERE is none like you, O LORD; you KLYBERG MGR John on 16th January Memorial Services
are great, and your name is great in 2020, aged 88 years Requiem Mass to
of the Sierra Leone Armed British High Commissioner to be held at Our Lady of Good Counsel, 2
Forces on their experience of the Republic of Sierra Leone might. Who would not fear you, O King Lower Blackhouse Hill, Hythe, Kent, at
of the nations? For this is your due; for 2pm, on Wednesday 29th January PEARSON A Memorial Service for
the Civil War and subsequent at the Residence. among all the wise ones of the nations 2020. General Sir Thomas will be held at
role of women in the Armed and in all their kingdoms there is none Winchester Cathedral, at 2.30pm, on
Forces in the peace-building St James’s Palace like you. Jeremiah 10.6-7 (ESV) 13th March 2020.
22nd January, 2020 LAING Lady Marian (née Laurie) of
and reconciliation. Dunphail, on 20th January 2020,
The Countess of Wessex The Princess Royal, Patron, peacefully at home. Much loved wife of
the late Hector and mother of Mark,
today attended a Roundtable Medical Research Council
Births Robert and Anthony. Funeral at Thanksgiving
Clarence House Discussion with representatives Mitochondrial Biology Unit, Edinkillie Church on Wednesday, 29th Services
22nd January, 2020 of Sierra Leone civil society on this morning received Professor January at 11.30am. All friends
The Prince of Wales this Massimo Zeviani upon respectfully invited. Family flowers
Sexual and Gender-Based GOLDIESCOT only please. YORK Edward a Service of
morning departed from Violence during the Civil relinquishing his appointment
Prestwick International Airport as Director and Professor On 22nd January 2020 to Thanksgiving will be held at York
War given by the British Alexandra (née Strnad) and Minster at 2pm on 20th February 2020.
for Switzerland. High Commissioner to the Judy Hirst upon assuming PEMBERTON Jonathan on 8th
Matthew, a son, Montague January 2020, aged 54 Adoring and
His Royal Highness Republic of Sierra Leone the appointment. Thomas Robert, brother to Aphra adored husband of Anna, proud and
today attended the World (His Excellency Mr Simon Her Royal Highness, Master, Victoria Cecilia devoted father of William and Archie,
Economic Forum Annual Mustard) at the Residence. the Corporation of Trinity son of the late Richard and Jenny,
brother of Dominic, uncle, godfather
Meeting in Davos. Her Royal Highness this House, this morning attended Forthcoming and friend. Enquiries to Cowley & Son
Mr Clive Alderton, Mrs afternoon attended a Meeting a Court and Luncheon, the Marriages 01285 650699 To live is Christ, to die is
gain.
Jennifer Jordan-Saifi and Mr with His Excellency Dr Corporation of Trinity House,
Julian Payne were in attendance. Tower Hill, London EC3. MR B.T.D. LANE
Mohamed Juldeh Jalloh (Vice AND MISS L.C. CRAWSHAY
The Prince of Wales later President of the Republic of The engagement is announced between
departed for Israel and was Sierra Leone) and Ms Manty Kensington Palace Benjamin, son of Mr and Mrs Martin
received this evening upon Tarawalli (Minister for Gender 22nd January, 2020 Lane of Yealmpton, Devon, and Louise,
arrival at Tel Aviv Ben Gurion and Children’s Affairs) at The Duke of Gloucester,
Honorary Air Marshal, Royal
daughter of Mr and Mrs Huw Crawshay
of Llanfair Kilgeddin, Monmouthshire. Claudia has never
International Airport by Her State House.
Majesty’s Ambassador to the The Countess of Wessex Air Force, this morning received Deaths known a life
State of Israel (His Excellency afterwards attended a Ms Margaret Appleton (Chief
Mr Neil Wigan). Executive, Royal Air Force BRENNAN Veronica (Nicky) Margaret
The Duchess of Cornwall,
Discussion at the Parliament
building on women as Museum) and Mr Ian Thirsk Mortimer passed away on 13th January
2020, aged 74 years. Survived by her
without pain.
Patron, this morning visited peace-builders with women (Head of Collections). loving husband John, four children and
Elmhurst Ballet School, in politics in Sierra Leone. His Royal Highness, President, ten grandchildren. A wonderful, caring
lady who will be greatly missed by
Even the slightest touch
249 Bristol Road, Edgbaston, Her Royal Highness this Royal Agricultural Benevolent family and friends. Funeral: Thursday
Birmingham, and was evening attended a Reception Institution, this afternoon 30th January 2:30pm at Greyfriars can damage her skin.
received by Her Majesty’s given by the British High received Ms Jeanette Dawson Church, 182 Iffley Road, Oxford, OX4
Lord-Lieutenant of West upon assuming her appointment 1SB. Family flowers only, donations if
Commissioner to the Republic desired to: www.piduk.org. Enquiries to
Midlands (Mr John Crabtree). of Sierra Leone at the Residence. as Chairman, and Ms Alicia S&R Childs, Oxford, 01865 427272.
Her Royal Highness, Royal The Countess of Wessex later Chivers (Chief Executive).
CURTIS Peter Peacefully on 6th
Please help DEBRA
Patron, Roald Dahl’s Marvellous January 2020, aged 89 years formerly
Children’s Charity, this afternoon of Marryat Road, Wimbledon. Loved find a cure
unveiled Sir Quentin Blake’s and missed by all his family and
friends. Funeral Service on Thursday
Stained Glass Windows at 30th January, 11.45am at Randalls Text CURE to 70500
Birmingham Children’s Hospital, Park, Leatherhead. Family flowers only,
Steelhouse Lane, Birmingham,
and was received by Colonel
Dr Heidi Doughty (Deputy
Lieutenant of West Midlands).
The Duchess of Cornwall
Readers’ donations for Dementia UK may be
sent to Sherlock Funeral Service,
Trellis House, Dorking RH4 2ES.
EGAR Pat died peacefully on 16th
January 2020, aged 76 years. All
enquiries to Humphris Funerals, Tel:
and donate £5 now
QC appointer
builds up
£1.4m surplus
Is the company that chooses who gets silk growing
too rich on application fees? Jonathan Ames reports
Fizz all round last week at the Inns of especially for those in less lucrative
Court as the annual QC appointments practice areas. This year applicants had
were announced, with the number of to stump up £1,800 initially, down from
lawyers popping champagne corks £1,950 the previous year, and then an
increasing slightly to 114, from 108 the additional £3,000 if they succeeded —
previous year. this was cut by £500. VAT must also be
The company pulling the levers on paid on both fees.
the appointments machinery focused Those fees are just the start of the
on the positive trends, including the expenditure. It is estimated that when
fact that of the 42 lawyers from ethnic coaching and kit are accounted for,
minorities who applied, 22 were successful applicants will shell out
successful. The previous year only 13 of about £15,000 each to add the QC
42 ethnic minority applicants made the badge to their letterheads. Candidates must stump up £1,800 to apply to take silk. If they are successful, this is followed by another £3,000 payment
grade. The total number of applications Therefore, the £1.35 million surplus
rose from 240 to 258. at QC Appointments raises an impor- relatively small move has caused some allowed to since 1995. Only nine owy old-boys’ club approach to award-
However, moves to increase gender tant issue: should the two professional controversy at the Bar. The council is applied in the latest round, of whom ing the rank. A reformed system under
diversity stagnated over the year, with bodies be salting away fees from their using its grant to employ a consultant four were successful. QC Appointments was launched two
30 of the 52 female applicants appoint- members amid suggestions that the who is a former colleague of its head of Perhaps solicitors are voting with years later and calls for abolition of the
ed in the most recent silk round, the expense of applying for silk is damaging diversity — an appointment that was their feet on the value of the QC title. title appear to have diminished. Indeed,
same level of success from 55 applicants diversity? made without a recruitment process. For the past 20 years there have been the two beneficiaries of the process
the previous year. The youngest new Russell Wallman, the chief executive A council spokesman has told The rumblings of discontent over the remain steadfastly supportive.
silk in the latest round was 37, while the of QC Appointments and a former Times that the relationship meant that system, with critics pointing out that no “The QC status . . . is a globally recog-
oldest was 60. senior figure at the Law Society, is senior officials had “familiarity” with other profession has an internal rank nised badge of excellence and one that
While those figures are interesting, adamant that the company is simply the consultant’s work “that meant a — apart from NHS doctors. is achieved on merit after a rigorous
there was a far more tantalising num- planning for the future. In 1999, 103 MPs signed a Commons competitive process,” a Bar Council
ber to emerge from this year’s silk “It does need reserves so as to be able ‘The QC status is not motion calling for the abolition of the spokesman says. “Far from being out-
round: 1.35 million. That was the to continue to function if there were to QC title, describing it as an “expensive dated, it is appreciated by clients and
number of pounds that the supposedly be a sharp downturn in the number of outdated — it is seen and anachronistic” distinction that legal colleagues domestically and
not-for-profit company that runs the applications, or if for some reason one “has no place in a 21st-century legal across the globe as a gold standard to
appointments process has built up as a year’s competition had to be cancelled across the globe as a system”. Four years later, three QCs aspire to.”
surplus. or aborted,” he says. He adds that the badge of excellence’ from Matrix Chambers, which was then Even the honorary QC badge, which
Having such a large pool of dosh is company’s two directors, Paul Tennant, in its embryonic stage after being some view as being the height of vanity
not an attractive look for the company, the chief executive of the Law Society, tender process did not need to take launched by Cherie Blair, QC, also accolades and confusing to boot,
which goes by the does-what-it-says- and Malcolm Cree, his counterpart on place. We were confident we had found called for abolition. In a letter to the because recipients occasionally neglect
on-the-tin name of QC Appointments, the Bar Council, “consider the prudent the right person for the job”. Bar’s magazine, Counsel, they insisted to append the “hon” suffix, is staunchly
not least because it is wholly owned by level of reserves to be in the region of At the Law Society, officials say that that “the QC system cannot be justified defended.
the Bar Council and the Law Society, £600,000 to £750,000”. they will channel their £75,000 towards as being in the public interest or pro- “It is a recognition of the significant
the quasi-trade unions for barristers In a step to pump some of the surplus the launch of a “campaign to raise moting competition”. contribution that people make to the
and solicitors in England and Wales. back into the profession, the directors awareness among solicitors about the That year the Labour lord chancellor, legal system beyond practising as
Applying for silk is very expensive, have allocated annual grants of £75,000 possibility of applying to become a QC” Lord Falconer of Thoroton, QC, advocates,” the Bar official says.
which may deter less wealthy candi- each to the society and the council for and to study the reasons why so few suspended the appointment system It appears there will be no silk cut for
dates. The fees alone are steep, diversity programmes. Even that solicitors apply for silk despite being over concerns that it relied on a shad- some time.
Court on camera: why has step towards open justice taken so long?
judges’ sentencing remarks will was illustrated mainly by sketches The fact is that moves to create court and magistrates’ courts.
John Battle be recorded, rather than witnesses, and pictures of prisoner vans and more open justice have not led to Cameras play an important role in
Comment the jury or court staff. court buildings. Now reports show significant problems. engaging the public and informing
In 1989 the Bar Council images of what the jury saw, and Certain principles set the them of how our system works. It is
recommended cameras in court in a what is said in court can be parameters: the judge decides healthy for the public, our courts,
Britain’s three main TV news report chaired by Jonathan Caplan, immediately put on social media. whether filming takes judges and lawyers that proceedings
producers — ITN, the BBC and Sky QC. The matter lay in hibernation Filming of sentencing will soon place, there are special sensitivities are filmed so the public can see
— have for many years argued for until a study by broadcasters in become standard practice. regarding filming of witnesses, what happens.
the lifting of the ban on filming 2004, which in time led to filming I have been involved for nearly victims and children, and the It is hoped this initial reform will
court proceedings in England and in the Court of Appeal and the two decades in the broadcasters’ normal reporting laws on contempt herald a new age of openness and
Wales, and last week the justice Supreme Court. group seeking change. Reform has of court apply. will lead to further advances that
secretary announced that cameras Last week’s step should be seen in been slow — slower than in many It is not right to suggest that recognise that openness is part of
would be allowed into crown courts. the context of other open justice other jurisdictions, including the move will turn the courts into a the solution, not the problem.
Legislation tabled by ministers initiatives. Public inquiries are now Scotland. circus — judges simply will not let
and backed by Lord Burnett of usually filmed, including witness Why has it taken so long? It is a that happen. John Battle is a barrister and head
Maldon, the lord chief justice, evidence. A protocol drawn up in shame, especially considering that, This is not the end of change. of compliance at ITN
should come into effect within two 2005 means that the Crown to encourage public engagement It is inevitable that there will be
months and will overturn a ban Prosecution Service and police with the work of the courts, it is further reforms, with the next
going back to the Criminal Justice disclose to the media images shown crucial that the people know how step likely to be the filming of Times Law
Act 1925. Before that photos were to juries in court. And in 2011 the legal system works, what defendants entering and leaving the Editor Jonathan Ames
sometimes taken in court — the Lord Judge, at the time the chief happens and who does what. courtroom, and after that, the 020 7782 5405 jonathan.ames@thetimes.co.uk
notorious murderer Dr Crippen justice, issued guidance allowing My experience is that the filming of a full trial, as has
was photographed in the dock at reporters to tweet from court. judiciary and the system generally already happened in Scotland. Advertising and marketing
the Old Bailey in 1910. Filming These developments have changed come out well from being filmed. Filming may in time also be rolled For print and online: Jeanine Kiala
020 7782 7518 jeanine.kiala@news.co.uk
will be strictly regulated and only court reporting, which not long ago The system stands up to scrutiny. out to the High Court, the coroner’s
the times | Thursday January 23 2020 1G M 59
Headline
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thetimes.co.uk
Weather
Today Many places dry and cloudy, but rain and drizzle in the north and west. Max 10C (50F), min -1C (30F) Weather Eye
Paul Simons
Around Britain Five days ahead Wind
W d speed
p e Sea
S a state
ae Orkney
ney Shetland
Sh
Key: b=bright, c=cloud, d=drizzle, pc=partly cloudy Turning unsettled with 34 C l
Calm
du=dull, f=fair, fg=fog, h=hail, m=mist, r=rain, (mph) 28 7
sh=showers, sl=sleet, sn=snow, s=sun, t=thunder milder temperatures Slight 27
27
*=previous day **=data not available for a time and winds Temperature Moderate
Rough
Temp C Rain mm Sun hr* becoming strong 28 (degrees C)
8
midday yesterday 24 hrs to 5pm yesterday
8 18
8
12 C 0.4 3.4
Tomorrow Flood alerts and warnings
Aberdeen
Mainly dry with areas of cloud and
Aberporth 8 FG 1.2 0.6
some sunshine, but thicker cloud will At 17:00 on Wednesday there were 9
Anglesey 10 B 0.4 0.0 bring showers or lon longer
nger
ger peri
pe
periods
ods of 46 flood alerts and no flood warnings 5
Aviemore 11 PC 0.0 0.7 rain and drizzle
zle
lee over
oove
ve
ver
v rSSc
Scot
cot
otla
ootl
tland and the in England and no flood alerts or
Barnstaple 7 DU 0.2 ** north of Ireela
land
and
and
and.
nd.
warnings in Wales or Scotland. 24 C F
Bedford 7 DU 0.0 ** Max 10C, mmin in
n0 0C
C Aberdeen
L
35 95
Belfast 10 PC 0.0 0.0
For further information and updates
30 86
ast year 2.35 billion bolts of
in England, visit flood-warning-
Birmingham 9 DU 0.2 **
information.service.gov.uk, for Wales 25 77 lightning were detected
Bournemouth 5 DU 0.0 6.9 8 NORTH across the globe, according
9 C 0.0 **
naturalresources.wales/flflooding and 20 68
Bridlington
for Scotland SEPA.org.ukk SEA 15 59 to data collected by Vaisala.
Bristol 7 DU 0.4 6.2
Camborne 6 DU 0.0 5.3 6 10 50
The Finnish company used
8 Edinburgh
Cardiff 7 M 0.0 5.4
8
25 Glasgow 5 41
a global network of radio receivers
Edinburgh 10 C 0.0 0.0 0 32
Eskdalemuir 9 PC 0.4 0.0
7 15
5 -5 23 to detect powerful radio bursts
Glasgow 11 DU 0.4 0.0
7
-10 14 unleashed by lightning, even inside
Hereford 9 DU 0.0 **
Herstmonceux 5 M 0.2 5.7 ATLANTIC
Londonderry -15 5 or between clouds. It found that the
Ipswich 6 M 0.2 5.0
Newcastle world’s lightning hotspots were
OCEAN Carlisle
Isle of Man 10 B 0.0 4.0
Saturday Belfast clustered over land around the
Isle of Wight 5 M 0.0 ** 8
Jersey 7 DU 0.0 8.1 Mostly cloudy with a band of 9 7 Equator, especially the Democratic
showery rain in Ireland and western 8
Keswick 9 PC 0.6 ** Scotland. Mainlynly dry
nly ryy with
with sunny
sunny spellss Yorkk Republic of Congo in central Africa,
Kinloss 12 C 0.0 0.0 elsewhere, butt thickening
tthick
th
thicken
hic
hick
h
hickening
ickenin
ickenin
ic kkeenin
en
eening
eni
ning
nin
ning cloud will
ni as well as in eastern India, much of
bring rain int
nto
nt
to western
to w
we
wester
wes
west
eestern
est
st rn n coas
coast later.
coa
co
coasts
8
Leeds 11 C 0.0 **
Lerwick 7 D 0.6 0.0 Max 10C, mminin
in 0
0CC Manchester Hull
southeast Asia, Brazil and parts of
Leuchars 10 C 0.0 4.8 ooo
Liverpool 8 South America and Central
Lincoln 5 M 0.0 7.2 Galway IRISH 7
8
America (bit.ly/2GdamrP).
Liverpool 9 M 0.0 ** SEA 9 Sheffield
London 6 M 0.2 5.4 Dublin
LLlandudno
It is not surprising that these
Lyneham 6 DU 0.6 6.4 areas are so prone to lightning.
Manchester 9 M 1.0 0.0
Margate 6 DU 0.2 7.4
10 9
Shrewsbury
Nottingham Most lightning strikes on or near
8 land rather than over the sea
Milford Haven 10 C 0.2 **
i h
Norwich
Newcastle ** ** 0.5 ** 8 7 because land heats up faster than
Nottingham 8 M 0.2 6.2 Birmingham
Orkney 9 M 2.2 0.6 9
Cork
Cambridge water, creating larger amounts of
Oxford 6 DU 0.4 ** 8 unstable air. Places where the air is
Swansea Oxford 8
Plymouth
Portland
6
5
DU
M
0.0
0.0
**
** Cardiff
warm and humid for much of the
Scilly, St Mary’s 7 DU 0.0 **
Sunday Channel Islands CELTIC 8 year are the ideal spawning ground
Shoreham 5 DU 0.2 5.5 Some sunshine, but a band of cloud
SEA Bristol London for lightning.
and rain will spread eastwards over
Shrewsbury 8 FG 0.2 0.0 7
Snowdonia 9 C 0.0 **
England, Walesess and
Showers in Irela
rel
rela
eland
elan
ela
el
and eastern
laan
easte
ndd aand
tern Scotland.
ndd S
n Sco
Sccotland, Southampton
More surprising were lightning
8 bolts detected over the Arctic Ocean
Southend 5 M 0.2 6.9 turning to snow
now
ow over
ove
oov
vvee hig
hig
igh gground
o . Exeterr
South Uist ** ** ** ** Max 10C, mmin
in
n --2
-2C
2
2C 23
23 Plymouth Brighton towards the North Pole, where
Stornoway 10 M 1.4 0.0
Tiree 10 M 1.4 0.0
electrical storms are extremely rare.
Whitehaven 8 DU 0.0 0.1 5
6 One lightning bolt was detected
CHANNEL 9
Wick 10 DU 1.2 ** 26
6 within 110 miles of the North Pole
Yeovilton 4 FG 0.0 0.0
and in a thunderstorm on August 10
5
9 General situation: Rather cloudy
l with will have a sunny morning
morning. Light to dry with sunny intervals in places. lightning struck 48 times within
The world many areas dry, but rain and drizzle moderate easterly wind. Maximum Light and variable winds, perhaps 350 miles of the pole.
All readings local midday yesterday
over northern areas. 9C (48F), minimum 1C (34F). moderate southwesterly around the This has raised alarm bells
Alicante 15 PC Madeira 16 B 10 E Anglia, SE Eng, Cen N Eng, London, Edinburgh & Dundee, NE Eng, Borders, north coast. Maximum 10C (50F),
Amsterdam 7 M Madrid 9 PC
because the high Arctic does not
Midlands, NW Eng, Wales, IoM: Mostly Aberdeen, E Eng, Moray Firth: Dry with minimum 5C (41F).
Athens 11 S Mallorca 16 M
overcast with areas of fog and patchy mainly sunny skies, but some areas of SW Scotland, Cen Highland, Glasgow, usually have the supply of warm,
Auckland 22 B Malaga 12 B
drizzle, although many places will stay cloud will move through from the west N Isles, NW Scotland, NE Scotland, humid air needed to fuel
Bahrain 21 S Malta 15 PC Monday
Bangkok 32 PC Melbourne 29 S Cloudy with an area of rain moving
dry with a few sunny intervals
intervals. Light at times.
times Light to moderate westerly Argyll: Overcast with outbreaks of thunderstorms. However, the Arctic
Barbados 29 PC Mexico City 16 S northeast over most of Britain, turning and variable winds. Maximum 9C (48F), wind. Maximum 9C (48F), rain and drizzle, turning heavy in the is now the world’s fastest warming
heavy in Ireland
nd anda tot snow
n across minimum 5C (41F). minimum 2C (36F). north at times. Moderate to fresh
Barcelona 14 M Miami 19 PC
Scotland. Dryy with
wiittth
wi h sunny
su
unny
nny
ny intervals in Cen S Eng, SW Eng, Channel Is: A dry Republic of Ireland, N Ireland: Cloudy southwesterly wind, strong around the
region, which has led to a reduction
Beijing 4 S Milan 6 S
Beirut 15 B Mombasa 32 B
the southeas
assst.
t.
t.
day with mainly cloudy skies and areas and foggy during the morning with coast. Maximum 9C (48F), in ice cover. Large areas of the
Max 12C, mmin
inn -5
--5C
5
5C
Belgrade 4 S Montreal -12 PC of fog around, but the Channel Islands some patchy drizzle, becoming mainly minimum -1C (30F). Arctic Ocean now have no sea ice in
Berlin 4 D Moscow 1 PC summer. Previously, much of the
Bermuda 18 B Mumbai 32 S 10
Bordeaux 9 C Munich -3 M Tides Noon today
LO
LOW
LO
OW
W ocean was frozen over even in
Brussels 3 B Nairobi 25 B Tidal predictions. summer and the ice reflected solar
Heights in metres LOW
LOW
OW
Bucharest 4 S Naples 14 S
11 1000
10
1100
000
000
0000
energy back into space, which
Budapest -2 M New Orleans 9 S Today Ht Ht
Buenos Aires 26 R New York 0 PC 12 Aberdeen 00:10 4.0 12:26 4.1 HIIIGH
HIGH
H H
9992
99
9 cooled the atmosphere. Without sea
76 9984
976
976
97 9884
84
Cairo 15 B Nice 15 S Avonmouth 05:56 12.0 18:22 12.1
LOW
L
LO
OW
OW
100
110
000
008
08
08 ice the ocean has become warmer
Calcutta 22 S Nicosia 15 PC Belfast 10:11 3.4 22:32 3.3 1000
110
00000
000
00 and the air has grown more humid,
Canberra 30 S Oslo 4 S 12 101
1016
110
016
001
1166 1016
1101
01166
01
016
Cardiff 05:51 11.0 18:16 11.1
Cape Town 24 PC Paris 0 M 04:30 5.1 16:56 5.0
100
11008
0008
00
08 HIGH
IGH
GH
GH setting the stage for lightning to
Devonport 1024
1102
0022244
024
Chicago -2 PC Perth 23 B
Dover 10:10 6.2 22:31 6.2 103
103
1032
032
32 form. In addition, wildfires raging
Copenhagen 8 PC Prague -2 PC throughout Siberia last summer
Tuesday Dublin 10:43 3.9 23:14 3.8
Corfu 14 PC Reykjavik 5 SH
Delhi 12 FG Riga 4 B A band of cloud and rain clearing Falmouth 04:01 4.7 16:24 4.6
1024
10
1102
0022244 10011166
1016
10
101 HIIGH
HIGH
H IG
may have released a lot of smoke
southeast England at first to leave Greenock 11:32 3.4 23:52 3.2
Dubai 25 S Rio de Janeiro 27 B
a blustery day w with
ith
t sunny
sunny sp spells
ells and LOW
OW
OW 1032
103
10
03 Cold front particles into the atmosphere,
8 B 19 PC Harwich 10:31 3.8 22:58 3.8
Dublin
Faro 11 B
Riyadh
Rome 14 S
scattered shower
ower
wer
w
we
wers
eers
rss aac
acr
across
ccrrross
ro
ros
oss
oss the British
Holyhead 09:21 5.3 21:48 5.2 100
1008
100
008
0088 HIGH
H IGH
IGH 1024
102
110
002 Warm front helping to spawn clouds that
Isles, turning
ngg w intr
ntr
wintry
win
wint
wintr
wiiintry
int
ntttr
ry in
try
ry n tthe
he nor
no th.
Florence 10 S San Francisco 14 DU Max 7C, min in
n -4C
--4
44C
C Hull 04:59 6.8 17:15 7.1 11016
0016
01
16
16 Occluded front eventually grew into thunderclouds.
Frankfurt -2 M Santiago 31 S Leith 01:22 5.1 13:41 5.2 Trough
Geneva 4 S São Paulo 25 PC Liverpool 10:11 8.9 22:38 8.8 LOW
OW
W
Gibraltar 11 B Seoul 6 S 5 London Bridge 00:26 6.5 12:49 6.7
Synoptic situation Highs and lows Hours of darkness
Harare ** ** Seychelles 31 PC Lowestoft 08:24 2.4 20:40 2.4 24hrs to 5pm yesterday Aberdeen 16:44-07:53
Helsinki 2 PC Singapore 30 B Milford Haven 05:07 6.4 17:32 6.4 High pressure will broadly Belfast 17:12-07:56
Hong Kong 22 PC St Petersburg 1 B cover the British Isles with Warmest: Aboyne,
5 Morecambe 10:16 8.8 22:44 8.7 Aberdeenshire, 13.7C Birmingham 17:05-07:31
Honolulu 27 PC Stockholm 3 B a centre over central Europe Coldest: Bournemouth, -3.9C
6 Newhaven 10:01 6.2 22:32 6.2 Cardiff 17:15-07:32
Istanbul 6 S Sydney 29 PC and another centre in the Wettest: Resallach,
Newquay 04:00 6.4 16:24 6.4 Exeter 17:19-07:31
Jerusalem 12 PC Tel Aviv 12 PC Atlantic, leading to mainly dry Sutherland, 10.4mm
Oban 04:42 3.6 17:06 3.6 Sunniest: East Malling, 8.4hrs* Glasgow 17:00-07:55
Johannesburg 23 PC Tenerife 19 PC but cloudy conditions. A cold
7 Penzance 03:31 5.1 15:55 5.0 Liverpool 17:06-07:39
Kuala Lumpur 34 PC Tokyo 6 B front, bringing cloud and some
20 PC 9 B Portsmouth 10:12 4.4 22:49 4.4 Sun and moon London 17:02-07:20
Lanzarote Vancouver rain into northern Britain, will For Greenwich Manchester 17:03-07:36
Las Palmas 19 PC Venice 6 S Shoreham 10:12 5.8 22:43 5.8 Sun rises: 07.51
The Times weathererr Southampton 09:59 4.3 22:35 4.2
continue to push closer to Newcastle 16:53-07:40
Lima 23 B Vienna 2 S Sun sets: 16.32
Scotland due to an area of low Moon rises: 07.04 Norwich 16:52-07:19
Lisbon 11 PC Warsaw 5 B page is provided Swansea 05:14 8.6 17:36 8.6
pressure centred to the north Moon sets: 14.59 Penzance 17:29-07:36
Los Angeles 17 PC Washington 1 S Tees 02:30 4.9 14:48 5.0
16 PC -1 M
by Weatherquestt of Iceland. New moon: January 24 Sheffield 17:00-07:33
Luxor Zurich Weymouth 05:27 1.9 17:56 1.7
62 1G M Thursday January 23 2020 | the times
Sport
Gauff to show more aggression australian open diary
Djokovic nearly went downhill
Novak Djokovic believes that he
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It’s getting harder to win but I can be No 1, says McIlroy
Golf like a matter of time, but if I keep doing the undisputed star turn of last year. at the Masters. Fred [Couples], [Bern-
what I’m doing then if it isn’t this week Tiger Woods’ wins at the Masters and Koepka’s reign under threat hard] Langer or somebody’s up there
Rick Broadbent
then hopefully it’s a couple of weeks then the Zozo Championship, tying for about two to three days and then
Rory McIlroy begins his year at Torrey down the line.” Sam Snead’s PGA Tour record of 82 Ulsterman sits just behind World they fade. It’s hard to put it together for
Pines today in the knowledge that a win McIlroy had a stellar 2019 without victories, gave golf a new take on the old No 1 in the latest official rankings all four days as you get older.”
could take him back to the top of the adding to his major tally, but conceded story. Inevitably, expectation is The notion of Woods appearing at
world rankings for the first time in more it is getting harder to win. “When I first through the roof, with Woods also look- .................................................... Pts Average the Olympics is by no means a given.
than four years. came on Tour and started winning ing at the Olympics and the Ryder Cup 1 Brooks Koepka (US).................9.8818 Four Americans will qualify, as long as
The world No 2 was happy to play majors you could count the guys on one as well as the perennial goal of Jack 2 Rory McIlroy (N Ire)................9.0859 they are ranked in the top 15. Woods is
down the prospect of overhauling hand who played a similar game to how Nicklaus’ 18-major haul. 3 Jon Rahm (Sp)............................8.0185 the last American in but could conceiv-
Brooks Koepka. “It’s a byproduct of I play,” he said. “Nowadays it’s 40, 50, 60 The 44-year-old also admitted it is ably be displaced by the likes of Patrick
playing consistently good golf and I feel guys that play that sort of game. That’s getting harder rather than easier, with 4 Justin Thomas (US)..................7.6973 Cantlay and Xander Schauffele. “For
I’ve done that for some time,” he said going to be the biggest challenge.” more bad days than good ones. “That’s 5 Dustin Johnson (US)...............6.7977 the US guys, we’re going to have to play
before the Farmers Insurance Open in McIlroy turned 30 last year, which the hardest part about being an older 6 Tiger Woods (US).....................6.2563 well [to qualify],” Woods said.
San Diego. “I don’t want to say it feels still makes him a young pup alongside athlete,” he said. “You see it all the time TV: Live on Sky Sports Golf from 5pm
3.10 Mares' Handicap Hurdle 6 (7) 4220- ATHOLLBLAIR BOY 93 (CD) N Tinkler 7-9-5 1.15 Novice Stakes (£3,429: 5f) (6) 1.35 Handicap Hurdle (£3,509: 2m 4f) (11)
Fakenham (£4,265: 2m) (7) F McManoman (5)
1 (1) 5600- AUNTIE JUNE 42 R Brotherton 4-9-8 L Edmunds 1 -P53P MAHLER SUPREME 43 G Bewley 6-11-12 J Bewley (3)
7 (8) 0/03- LOUIS TREIZE 187 (CD) Richard Spencer 4-9-3 L Morris
Rob Wright 1 624-4 MAKETY 96 O Sherwood 6-11-12 L Heard
8 (9) 402-4 FUENTE 15 (D) K Dalgleish 4-9-0 J Fanning 2 (3) 45-22 MEWS HOUSE 8 D Brown 3-8-12 P Mulrennan 2 42112 STARPLEX 11 (BF,D) K Dalgleish 10-11-11 B Hughes
2 0-521 MISS HERITAGE 37 (CD) Mrs L Wadham 6-11-12 3 (5) 0-3 BARBELO 17 Richard Spencer 3-8-7 B Curtis 3 30550 MASTER NEWTON 14 P Kirby 5-11-10 C McCormack (3)
12.25 Blue Monday 2.35 Cap Du Nord Maxime Tissier (5) 9 (2) 5400- GLORIOUS CHARMER 36 (D) M Herrington 4-8-11 T Eaves
12.55 Irska (nap) 3.10 Maskada 4 (4) 2320- FLIGHT OF THUNDER 128 (V) R Brisland 3-8-7 4 005-3 ADELPHI PRINCE 58 (P) P Kirby 7-11-4 T Dowson
3 01-32 MYSTIC DREAMER 44 (BF) N Gifford 6-11-10 L Aspell 11-4 Hart Stopper, 4-1 Fendale, 5-1 Foolaad, 6-1 Fuente, 7-1 others. Ray Dawson (5)
1.25 The Flying Sofa 3.45 Oscar Academy 5 -3605 SPLASH THE CASH 49 Jennie Candlish 7-11-4 S Quinlan
4 3314 MASKADA 27 (D) Stuart Edmunds 4-11-3 C Gethings 5 (6) 225-3 HOLY ELEANOR 15 (B) Archie Watson 3-8-7 Hollie Doyle 6 0000P EX S'ELANCE 13 (P) M Hammond 6-10-12 A Cawley
2.00 Touchthesoul 6.30 Handicap (3-Y-O: £3,429: 1m) (6)
5 2143- QUANTUM OF SOLACE 302 (D) F O'Brien 10-10-12 P Brennan 6 (2) 4 SWEET TALKED 12 R Cowell 3-8-7 L Morris 7 6P02- UNCLE O 323 Clare Hobson 6-10-11 J McGrath
Going: good to soft, soft in places 6 42-F6 FURIA D'OUDAIRIES 94 G L Moore 5-10-8 Jamie Moore 1 310-2 BLAKE'S VISION 21 M Johnston 9-7
(4) J Fanning 2-1 Holy Eleanor, 9-4 Barbelo, 7-2 Mews House, 5-1 others. 8 -3106 EXCALIBUR 28 (P,D) M Hammond 7-10-10
Sky Sports Racing 7 P6-P6 ALYS ROCK 22 (V) Laura Morgan 11-10-0 Tabitha Worsley (5) 2 0051- ST JUST 23 (D) W Haggas 9-5
(3) B Curtis Emma Smith-Chaston (7)
9-4 Maskada, 5-2 Mystic Dreamer, 4-1 Quantum Of Solace, 9-2 others. 3 02-11 XIAN EXPRESS 12 (B,D) M Appleby 9-3
(6) L Morris 1.45 Handicap (£3,429: 1m) (5) 9 04-PF BATTLEBRAVE 20 J Groucott 7-10-8 A Johns
12.25 Selling Handicap Chase Wright choice: Maskada, fourth in a grade one race at 4 2204- LYRICIST VOICE 57 (T) M Botti 9-1
(5) J Quinn 1 (2) 605-3 SIX STRINGS 22 M Appleby 6-9-6 L Morris 10 305P4 POLA CHANCE 16 N Hawke 4-10-7 D Noonan
(£4,809: 2m 5f) (8) Chepstow, holds obvious claims Danger: Mystic Dreamer 5 (2) 550- INTERNATIONALTIGER 138 (W,BF) R Fahey 8-13 2 (5) 405-1 LITTLE INDIA 16 (CD) K Burke 4-9-4 B Curtis 11 0-000 BIGCHEXTOCASH 78 S Drinkwater 8-10-0 T Scudamore
S P Davis (3) 11-8 Starplex, 13-2 Adelphi Prince, 8-1 Splash The Cash, Master Newton,
1 12F/4 DAHILLS HILL 12 (H) Laura Morgan 8-12-4 Ross Chapman 3 (1) 423-2 MAKAMBE 22 (P,CD) Chelsea Banham 5-9-4 J Haynes
6 (1) 012-4 COPPERLIGHT 17 (P,CD) B Haslam 8-10 A Mullen Excalibur, 10-1 Pola Chance, 14-1 Mahler Supreme, Uncle O, 16-1 others.
2 -6520 STRICTLYADANCER 42 (P) Christian Williams 6-11-12
A Wedge
3.45 Novices' Hurdle (£6,498: 2m 7f) (6) 11-10 St Just, 9-2 Blake's Vision, 6-1 Xian Express, 7-1 others.
4 (3) 0261- CASINA DI NOTTE 246 (B,D) M Botti 6-9-3
Morgan Cole (7)
3 23336 OUR UNCLE PAT 49 (P,T) Olly Murphy 9-10-13 C McKinnes (7) 1 42501 OSCAR ACADEMY 26 Olly Murphy 7-11-4 L Stones (7) 5 (4) 63-51 FORSETI 10 (H,C,D) M Appleby 4-9-2(5ex) A Rawlinson 2.10 Handicap Chase (£4,809: 3m) (8)
4 P0-1P TWO SAMS 44 (BF) J Scott 7-10-13 N Scholfield 2 2-01 YOUNG OFFENDER 37 (C) Stuart Edmunds 5-11-4 C Gethings 7.00 Handicap (£2,782: 7f) (11) 9-4 Little India, 3-1 Forseti, 4-1 Casina Di Notte, 9-2 Makambe, 5-1 Six Strings. 1 24213 DINO BOY 19 (BF,CD) N Twiston-Davies 7-12-6
5 5-041 BLUE MONDAY 35 (D) F O'Brien 7-10-12 P Brennan 3 0P BALAGAN 51 N King 5-10-12 Bryony Frost
1 (8) 23-22 THE RIGHT CHOICE 2 (B) James Ferguson 5-9-9 Doubtful S Twiston-Davies
6 530-1 TOUCH SCREEN 16 M Gillard 10-10-8 Mr F Gillard (7) 4 530 FRIENDS DON'T ASK 34 Martin Smith 5-10-12Jamie Moore
3-P4 RUMBLE B 49 Mrs S Humphrey 6-10-12 G Sheehan
2 (11) 100-6 TIERCEL 13 (CD) Rebecca Bastiman 7-9-9 P Dennis 2.20 Handicap (3-Y-O: £7,781: 1m) (3) 2 -0P50 NEWBERRY NEW 24 (P,C) William Bethell 8-11-12 A Coleman
7 -0003 ROBIN DE BROOME 51 (B) Olly Murphy 8-10-3 G Sheehan 5 3 (9) 3055- BUGLER BOB 36 (V,C) J J Quinn 4-9-7 J Hart 3 U4502 VIRNON 12 Mrs S Humphrey 9-11-11 D Noonan
6 6-03F TENSION TIME 37 Mrs L Wadham 6-10-12 L Aspell 1 (3) 301-1 MERRYWEATHER 20 (CD) M Appleby 9-7 A Rawlinson
8 0PPPP HEDIDDODINTHE 14 P Winks 6-10-0 Alison Clarke (7) 4 (10) 606-6 INNER CIRCLE 20 (P,D) M Loughnane 6-9-7 L Morris 4 1-P3P CLONDAW RIGGER 57 (T,BF,D) Katy Price 8-11-11
10-11 Young Offender, 5-4 Oscar Academy, 14-1 Rumble B, 16-1 others. 2 (1) 22-1 MRS UPJOHN 12 (P,D) Archie Watson 9-6 Hollie Doyle Charlie Price (5)
2-1 Blue Monday, 5-1 Our Uncle Pat, 11-2 Two Sams, 6-1 others. 5 (1) 5060- RICH APPROACH 168 (CD) J Bethell 4-9-5 J Mitchell
3 (2) 044-1 BREGUET BOY 13 (D) K Dalgleish 9-1 B Sanderson (3) 5 P-205 ITSAMANSLIFE 46 (P,T,D) Katy Price 7-11-11 B Poste
Rob Wright’s choice: Blue Monday improved at Hereford Wright choice: Oscar Academy won by 13 lengths on his 6 (7) 0203- INTENSE STYLE 78 (D) D P Quinn 8-9-3 D Brock
debut over hurdles at Leicester Danger: Young Offender 5-4 Merryweather, 6-4 Mrs Upjohn, 7-2 Breguet Boy. 6 1-36P PACKETTOTHERAFTERS 63 (P,T) G Hanmer 11-10-13 J Bowen
and is well-in Dangers: Strictlyadancer, Robin De Broome 7 (5) 1531- BILLY WEDGE 45 (CD) Miss T Waggott 5-9-3 B McHugh
8 (6) /600- PHANTASMAL 168 (W,P) K McLintock 6-9-0 B Curtis 7 45341 SIGURD 28 (B,T,CD) Miss J Foster 8-10-10 H Brooke
12.55 Conditional Jockeys' Handicap 9 (4) 300-1 DECISION MAKER 16 (C) S Bowring 6-8-13 L Edmunds
2.55 Handicap (£5,208: 1m 4f) (7) 8 06635 ROLLERBALL ROCCO 23 (B,D) C Pogson 8-10-3 C Todd (7)
Hurdle (£4,265: 2m 7f) (8) Newcastle 10 (3) 200-0 MACS BLESSINGS 14 (B,C,D) Stef Keniry 4-8-13 H Shaw (3) 1 (4) 45/5- AL KHERB J19 (D) J J Quinn 5-9-7 P Mulrennan
026-2 SEVEN CLANS 16 (P) Mrs K Tutty 8-9-4 Gemma Tutty (3)
11-8 Dino Boy, 11-4 Sigurd, 8-1 Clondaw Rigger, 10-1 Virnon, Itsamanslife,
12-1 Packettotherafters, 16-1 Newberry New, Rollerball Rocco.
11 (2) 00/0- MINOR MELODY 97 (T) P Downey (Ire) 6-8-2 S P Davis (3) 2 (2)
1 3-33U MASSINI'S DREAM 14 (BF) Christian Williams 9-12-0 Rob Wright 9-4 Billy Wedge, 4-1 Decision Maker, 11-2 Bugler Bob, 6-1 others. 3 (5) 2/00- CALLING THE WIND 26 R Hughes 4-9-3 S W Kelly
Jack Tudor (6)
2 -324P FAIR EXCHANGE 17 (P) P Bowen 10-11-12 R Patrick 4.30 Blazing Dreams 6.30 St Just 4 (3) 150-1 BLOWING DIXIE 11 (CD) J Chapple-Hyam 4-9-3(5ex) 2.45 Novices' Handicap Hurdle
B Curtis
3 P-150 RAISE YOUR SHADES 100 B Pauling 6-11-7 Luca Morgan (6) 5.00 Ritchie Star 7.00 Bugler Bob 7.30 Handicap (3-Y-O: £2,782: 6f) (8) (£3,509: 3m) (12)
5.30 Almqvist 7.30 Sound Mixer 5 (6) 410-2 MOTAWAAFEQ 12 (H) M Appleby 4-9-2 A Rawlinson
4 2112/ VERY INTENSE 781 (BF) N King 9-11-6 M Kendrick 1 (6) 044-2 SOUND MIXER 15 (P,BF) W Haggas 9-7 B Curtis 1 4-633 SERGEANT BRODY 10 (B,T) S Drinkwater 9-12-2
6.00 Lorton 8.00 Jan Van Hoof 6 (1) 13-12 ANGEL LANE 11 (CD) K Burke 4-8-13 C Lee Mr H Beswick (5)
5 -4053 IRSKA 20 (T) J Snowden 6-11-5 Ben Hicks (8) 2 (7) 4651- REBEL REDEMPTION 43 (V,D) J J Quinn 9-7 J Hart
7 (7) 500-5 AZARI 16 (P,CD) Alexandra Dunn 8-8-12 R Havlin 2 0-F65 OVERWORKDUNDERPAID 28 C Longsdon 7-11-12
6 04030 MOROVAL 22 (P,T) Tracey Leeson 9-10-12 L Williams Going: standard Sky Sports Racing 3 (1) 300-3 ABBALEKA 8 M Appleby 9-5 L Edmunds
5-4 Blowing Dixie, 4-1 Motawaafeq, Angel Lane, 7-1 Seven Clans, 10-1 others. T Buckley (7)
7 135-6 OLIVER'S ISLAND 13 (B,D) Sean Conway 8-10-7 E Austin (3) Draw: no advantage 4 (5) 032-3 CONSTITUTIONAL 11 (BF,C) K Burke 9-4 H Shaw (3)
3 6-302 MCCRACKENS GATE 22 Justin Landy 9-11-12
8 -6222 STONEBRIGG LEGEND 22 (BF) Mrs S Humphrey 8-10-5 5 (4) 000-6 UPSTAGE 19 D M Simcock 9-2 L Morris C McCormack (3)
A Thorne (3) 4.30 Handicap (£2,782: 1m) (11) 3.30 Handicap (£8,086: 5f) (5)
6 (8) 0405- REDZONE 36 B Smart 9-0 G Lee 4 6004 KENDELU 20 (P) N Hawke 5-11-12 D Noonan
2-1 Stonebrigg Legend, 5-2 Massini's Dream, 7-2 Irska, 10-1 Raise Your 1 6360- POETIC ERA 180 D M Simcock 4-9-9
(11) D E Hogan (3) 7 (3) 00-50 AMICIA 15 (B) M Botti 8-11 J Quinn 1 (3) 112-3 HAREEM QUEEN 15 (CD) K Burke 4-9-7 C Lee 5 04530 DR TIME 69 (W,P) T Symonds 8-11-9 B Poste
Shades, Fair Exchange, 16-1 Very Intense, Oliver's Island, 33-1 Moroval. 2 45-10 BLAZING DREAMS 6 (CD) B Haslam 4-9-8
(3) A Mullen 8 (2) 02-54 TILTILYS ROCK 6 A Crook 8-2 K O'Neill 2 (1) 60-21 ZYLAN 8 (CD) Roger Fell 8-9-5(4ex) Paula Muir (5) 6 30-54 COSHESTON 34 (P) Jennie Candlish 7-11-6 S Quinlan
Wright choice: Irska stayed on well at Hereford and should 3 260-6 AL OZZDI 14 Roger Fell 5-9-7
(10) JP Sullivan 2-1 Sound Mixer, 7-2 Rebel Redemption, 5-1 Constitutional, 6-1 others. 3 (4) 46-14 AIRSHOW 8 (BF,CD) M Appleby 5-9-4 A Rawlinson 7 60-16 INCERTAINE 35 (P,T) T R Gretton 7-11-2 B Hughes
relish this trip Dangers: Massini’s Dream, Raise Your Shades 4 352-6 MR STRUTTER 22 Ronald Thompson 6-9-6
(6) D Costello 4 (2) 5-263 SAMOVAR 16 (B,CD) S Dixon 5-8-11 Jonathan Fisher (5) 8 U0001 JOBSONFIRE 9 (D) Sam Allwood 8-11-2 Charlie Price (5)
5 010-2 LUKOUTOLDMAKEZEBAK 14 (P,CD) D Thompson 7-9-5
(1)
H Shaw (3) 8.00 Handicap (£2,782: 5f) (11) 5 (5) 40/11 NATIONAL ANTHEM 10 (CD) D Brown 5-8-11(5ex)
P Mulrennan
9 03P4- LEOPARD 310 (H,T) Miss J Foster 6-10-13 R Mania
1.25 Novices' Handicap Chase 6 (2) 504-4 STRAWBERRYANDCREAM 14 (P) J Bethell 5-9-5 1 (4) 000-0 JAN VAN HOOF 14 (CD) M Herrington 9-9-9 B McHugh 10 5-0FP COMMANDING SPIRIT 28 (P) M Hammond 8-10-10 A Cawley
13-8 National Anthem, 9-4 Hareem Queen, 9-2 Zylan, 6-1 others.
(£5,458: 2m) (4) J Mitchell 2 (7) 0466- MONTALVAN 99 Roger Fell 4-9-7 B Curtis 11 -5066 REAL ARMANI 20 (T) Mrs J Walton 8-10-7 D McMenamin (5)
1 5-05F ESKENDASH 25 Mrs P Sly 7-12-2 Mr J Andrews (7) 7 (4) 030-5 KODIAC LASS 14 (H) Katie Scott 4-9-2 P Dennis 12 P-P04 CLONDAW FIXER 13 G Bewley 8-10-0 J Bewley (3)
3 (6) 115-4 JEFFREY HARRIS 7 (CD) J Goldie 5-9-6 P Dennis
4.05 Handicap (£2,782: 1m 4f) (10)
2 -2443 THE FLYING SOFA 34 G L Moore 7-12-1 Jamie Moore 8 (7) 0355/ WARRIOR'S SPIRIT 443 (D) P Niven 6-9-2 J Garritty 13-8 Jobsonfire, 6-1 McCrackens Gate, 13-2 Sergeant Brody, 8-1 Incertaine,
4 (3) 200-4 QAARAAT 13 (BF,CD) A Brittain 5-9-4 C Hardie
3 52041 LITTLE LIGHT 26 (P,D) Mrs L Wadham 6-11-12 9 (8) 400-0 JAGERBOND 14 (B,E) A Crook 4-8-7 A Breslin (5) 1 (1) 5/05- SKEAPING J22 (P) P W Middleton 7-9-12 Cosheston, 10-1 Dr Time, 12-1 Kendelu, 16-1 others.
5 (2) 040-0 IRON RYAN 2 (P) C Moore (Ire) 8-9-3 D Keenan (3)
Maxime Tissier (5) 10 (5) 000/ REBELJUSTFORKICKS 421 (H) Paul Collins 4-8-7 C Hardie Poppy Bridgwater (5)
6 (8) 655-0 HELLO GIRL 7 (P,D) N Tinkler 5-9-0 F McManoman (5)
4 /01-0 UISCE UR 254 (BF) Laura Morgan 8-10-6 R Day 11 (9) 50-5 SIXTIES COED 18 (T) N Tinkler 5-8-7 Izzy Clifton (7) 2 (8) 6060- PERCY J28 (P) Mrs M Fife 6-9-10 P Mulrennan
3-1 Lukoutoldmakezebak, 4-1 Blazing Dreams, 5-1 Poetic Era, 6-1 others.
7 (5) 40-22 FINAL LEGACY 8 D Shaw 4-8-7 L Morris
3 (5) 3220- CROESO CYMRAEG 114 (BF,CD) H Evans 6-9-10 R Da Silva
3.20 Handicap Chase (£7,408: 2m 3f) (10)
13-8 Little Light, 9-4 The Flying Sofa, 5-2 Eskendash, 8-1 Uisce Ur. 8 (9) 003-0 HOT STUFF 13 (T,D) P Downey (Ire) 7-8-7 S P Davis (3)
4 (3) 32-13 COLD HARBOUR 8 (P,T,BF,CD) R Brisland 5-9-10 1 24-3P KILFILUM CROSS 54 (W) Henry Oliver 9-12-0 D Crosse
Wright choice: The Flying Sofa will find this easier than 9 (10) 0660- MIGHTASWELLSMILE 45 (D) R Barr 6-8-7 H Shaw (3) George Rooke (7) 2 40U-0 TREE OF LIBERTY 54 (P) D J Jeffreys 8-11-12 Kielan Woods
when a respectable third at Ascot Danger: Eskendash 5.00 Handicap (£2,782: 1m) (10) 10 (1) 000-5 ENCODED 13 (CD) Miss L Siddall 7-8-7 A Mullen 5 (7) 013-5 MOTAHASSEN 11 (T,BF,C) D Carroll 6-9-7 D Nolan 3 -1421 STORM CONTROL 40 (P,T,D) Kerry Lee 7-11-12
1 (4) 3000- MUDAWWAN 146 (P,C) J Bethell 6-9-8 J Mitchell 11(11) 3/0-0 MARCELLA 16 (B) Mrs R Carr 5-8-7 JP Sullivan 6 (9) 331-4 PRINCESS HARLEY 8 (P,CD) M Quinn 5-9-6 C Bishop S Twiston-Davies
2.00 Maiden Hurdle (£6,628: 2m) (8) 2 (1) 2152- BETTY GRABLE 124 (CD) W Storey 6-9-7 Rhona Pindar (7) 11-4 Final Legacy, 4-1 Qaaraat, 11-2 Jeffrey Harris, 6-1 Montalvan, 7-1 others. 7 (10) 0421- GRANDSCAPE 35 (C) E Dunlop 5-9-6 4 1F-45 CHARMANT 27 J Ewart 8-11-9 B Hughes
1 40F BRAN 22 Stuart Edmunds 5-11-4 C Gethings 3 (7) 060-6 EQUIDAE 14 (T,D) I Jardine 5-9-7 J Gormley Miss Sophie Smith (7) 5 33/3U HOLLYWOODIEN 28 (CD) T Symonds 9-11-8 A Coleman
2 P ORSINO 27 P Bowen 6-11-4 S Bowen 4 (9) 0000- CROSS STEP 50 (P) C Moore (Ire) 6-9-5 D Keenan (3) 8 (6) 224-2 SOCIOLOGIST 8 (P,C) S Dixon 5-9-4 Jonathan Fisher (5) 6 0-U31 BEAU BAY 28 (H,T,CD) Dr R Newland 9-11-8 C Hammond (3)
3 063 PISGAH PIKE 36 (T) J Snowden 5-11-4 G Sheehan 5 (10) 13-02 PROCEEDING 6 (CD) Miss T Waggott 5-9-4 J Fanning Southwell 9 (4) 0413- DOCTOR JAZZ 35 (T,V) M Appleby 5-9-4 T Ladd (3) 7 0/3-3 PROTEK DES FLOS 42 B Haslam 8-11-3 R McLernon
6 (2) 060-0 FALSE ID 14 (V,C) F Watson 7-9-2 S Gray 10 (2) 4-103 NEVER A WORD 10 (B,T,C) Alexandra Dunn 6-9-2 8 -232P MONSIEUR CO 47 (P,T) K Dalgleish 7-10-11 Craig Nichol
4 2434 TOUCHTHESOUL 28 G L Moore 5-11-4 Jamie Moore Rob Wright D Muscutt
5 P0 ALEATORIC 37 Martin Smith 4-10-7 E J Walsh 7 (8) 6205- RITCHIE STAR 36 B Haslam 4-9-1 A Mullen 9 /5-36 BERNARDELLI 46 (P,BF,D) N Richards 12-10-10
8 (6) 032-5 IRISH MINISTER 20 (T,D) D Thompson 5-8-10 K O'Neill 12.40 Robsdelight 2.55 Azari 4-1 Cold Harbour, 5-1 Grandscape, 6-1 Croeso Cymraeg, Sociologist, 8-1 Doctor D McMenamin (5)
6 6-314 GRAND ROI 22 (BF) N Henderson 4-10-7 N De Boinville Jazz, Motahassen, Skeaping, 12-1 Princess Harley, Never A Word, 14-1 others.
9 (3) 60-00 HEY JAZZY LADY 2 (B) A Crook 4-8-7 Doubtful 1.15 Barbelo 3.30 Hareem Queen 10 24-03 THE PADDY PIE 13 Mrs S Smith 7-10-7 D Cook
7 20 BREAK THE RULES F19 Martin Smith 4-10-0 E Edge (7)
10 (5) 000-0 HURRICANE HEIDI 12 (V) D Shaw 4-8-7 C Hardie 1.45 Little India (nb) 4.05 Cold Harbour 5-2 Beau Bay, 10-3 Storm Control, 13-2 Kilfilum Cross, 15-2 Hollywoodien, 8-1
8 POSTIE F105 J Eustace 4-10-0 J Quinlan
2.20 Merryweather Protek Des Flos, 12-1 Monsieur Co, Charmant, The Paddy Pie, 14-1 others.
11-8 Grand Roi, 3-1 Bran, Touchthesoul, 13-2 Break The Rules, 16-1 others.
9-4 Proceeding, 7-2 Betty Grable, 5-1 Ritchie Star, 6-1 Equidae, 7-1 others.
Going: standard to slow Wetherby
Wright choice: Touchthesoul struggled in a better race at Rob Wright 3.55 Novices' Hurdle (£4,549: 2m) (10)
Kempton; this is more realistic Dangers: Grand Roi, Bran 5.30 Novice Stakes (3-Y-O: £3,429: 7f) (9) Draw: no advantage Sky Sports Racing
1 (1) AL HURR M Botti 9-5 J Quinn 1 2321 ADICCI 52 (D) Jonjo O'Neill 5-11-8 Jonjo O'Neill Jr.
1.05 Dark Lochnagar 2.45 Jobsonfire
2.35 Handicap Chase (£8,837: 2m 5f) (9) 2 (9) 0 ALMQVIST 11 M Johnston 9-5 J Fanning 12.40 Handicap (£2,782: 6f) (13) 1.35 Starplex 3.20 Hollywoodien 2 02- BATTLETANK 276 J Groucott 7-11-2 A Johns
3 (2) 644- ARBITER 49 J Gosden 9-5 K O'Neill 2.10 Clondaw Rigger 3.55 Eden Du Houx 3 420 CALL ME FREDDIE 42 (BF) J O'Keeffe 5-11-2 J Colliver
1 -2U3F VINNIE THE HODDIE 19 O Sherwood 6-11-13 L Aspell 1 (2)5-640 OUR CHARLIE BROWN 1 (P) D C Griffiths 6-9-9P Dennis
4 (7) 0-5 CELESTIAL WOOD 17 K Dalgleish 9-5 G Lee 4 2-230 CHANCE A TUNE 27 N Twiston-Davies 5-11-2
2 3-113 ECEPARTI 27 (BF,D) Miss V Williams 6-11-12 C Deutsch 2 (10)065-5 CHIAVARI 12 Alexandra Dunn 6-9-8 R Havlin Going: soft Racing TV S Twiston-Davies
5 (5) 0-0 JORGIE 15 I Jardine 9-5 J Gormley 3 (8)023-0 FIRST EXCEL 22 (B,CD) S Bowring 8-9-7 L Edmunds
3 30543 CAP DU NORD 19 (CD) Christian Williams 7-11-9 5 11-24 EDEN DU HOUX 67 (W,T,D) D Pipe 6-11-2 T Scudamore
Jack Tudor (7) 6 (3) BELLA BELIEVE J Ward 9-0 T Eaves 4 (11)033-3 SIX TIL TWELVE 10 (P) R Brisland 4-9-7 K O'Neill 1.05 Juvenile Hurdle 6 5-00 HENRI LE BON 62 Kerry Lee 5-11-2 D Cook
4 00P15 EUREU DU BOULAY 26 (T,BF) Richard Hobson 6-11-7 7 (8) 0- BRODICK 34 K Burke 9-0 Rhona Pindar (7) 5 (3)06-02 ROBSDELIGHT 10 (V) Miss G Kelleway 5-9-6 B Curtis (4-Y-O: £4,549: 2m) (8) 7 F550- KNOCKNAGOSHEL 380 (W) G Hanmer 7-11-2 J Bowen
Paul O'Brien (3) 8 (6) 4-0 FULL SECRET 21 R Fahey 9-0 S P Davis (3) 6 (9)55-21 LE MANEGE ENCHANTE 10 (V,CD) D Shaw 7-8-13(4ex) 231 CAWTHORNE LAD 14 (D) T Easterby 11-4 J Hamilton
1 8 22546 STIMULATING SONG 26 (H) M Harris 5-11-2 S Quinlan
5 PRP-P HOLBROOK PARK 43 (T,C) Tom Clover 10-11-5 J Quinlan 9 (4) 30- SAVAGE BEAUTY 48 R Fahey 9-0 Connor Murtagh (3) L Morris
2 1 COUP DE GOLD 26 D Thompson 11-4 A Anderson (7) 9 30-0 ANIGHTINLAMBOURN 46 B Pauling 6-10-9 D Bass
6 -516P ECLAIR DE GUYE 12 (BF) Mrs L Wadham 6-11-1 11-8 Arbiter, 4-1 Al Hurr, 5-1 Savage Beauty, 8-1 Celestial Wood, 10-1 others. 7 (12) 34-00 HELLOFAGAME 10 (T) R J Price 5-8-8 R Da Silva
Maxime Tissier (5) 3 16 TAVUS 27 (D) J O'Keeffe 11-4 J Colliver 10 6-064 BLACK OPIUM 19 Miss T Jackson 6-10-9 Ross Chapman
8 (7) 030-6 ALISIA R 10 J L Eyre 4-8-7 Doubtful
7 -2UP2 COUGAR'S GOLD 34 (P,T,D) P Bowen 9-11-1 S Bowen 4 202 BURNAGE BOY 62 M Hammond 10-12 B Garritty (5) 13-8 Eden Du Houx, 9-4 Chance A Tune, 9-2 Adicci, 15-2 Stimulating Song, 10-1
8 3P-12 THOMAS TODD 37 (H,CD) Laura Morgan 10-10-13 R Day
6.00 Handicap (£5,208: 6f) (9) 9 (5) 40-56 RESHAAN 9 (B) Alexandra Dunn 5-8-7 C Hardie
5 DARK LOCHNAGAR F90 K Dalgleish 10-12 B Hughes Call Me Freddie, 20-1 Henri Le Bon, Anightinlambourn, 33-1 others.
505-4 FOOLAAD 22 (T,CD) S Bowring 9-9-7 L Edmunds 10 (4) 20-30 MESHARDAL 7 (P,CD) Mrs R Carr 10-8-7 JP Sullivan
9 15P-4 AWAY FOR SLATES 26 (H) M Harris 10-10-12 K Jones (3) 1 (6) 6 5 DEHRADUN 16 G McPherson 10-12 Kielan Woods
2550- LORTON 180 (D) Julie Camacho 4-9-6 V Santos (7) 11(13) 00-00 ESSENTIAL 2 (C) Olly Williams 6-8-7 Doubtful
3-1 Eceparti, 9-2 Cap Du Nord, 5-1 Thomas Todd, 13-2 Eureu Du Boulay, 7-1 2 (3) 7 303 GORDALAN 14 (V) P Kirby 10-12 T Dowson
32-02 HART STOPPER 15 (P,T,BF,D) S C Williams 6-9-6 H Turner 12 (1) 0300- CHAMPAGNE MONDAYS 25 (B,CD) S Dixon 4-8-7
Vinnie The Hoddie, 8-1 Eclair De Guye, Cougar's Gold, 14-1 others. 3 (4) 8 SHOWSHUTAI F239 C Kellett 10-12 D Crosse
D Keenan (3) Blinkered first time: Fakenham 3.10 Alys Rock. Newcastle
4 (1) 1200- TREACHEROUS 257 (CD) E De Giles 6-9-5 C Shepherd 13 (6) 050-0 NEWGATE ANGEL 16 (P) T Coyle 4-8-7 Robbie Walsh (5) 9-4 Tavus, 11-4 Cawthorne Lad, 9-2 Dark Lochnagar, 11-2 Coup De Gold, 10-1 5.00 Hurricane Heidi. 8.00 Marcella. Southwell 1.15 Flight
Wright choice: Cap Du Nord was given too much to do when
third at Sandown Dangers: Eceparti, Cougar’s Gold 5 (5) 5402- FENDALE 48 (C) B Smart 8-9-5 G Lee 15-8 Le Manege Enchante, 5-1 Robsdelight, 11-2 Six Til Twelve, 8-1 others. Burnage Boy, Gordalan, 16-1 Dehradun, 50-1 Showshutai. Of Thunder. Wetherby 1.05 Gordalan. 2.10 Rollerball Rocco.
Sport
Mike Atherton
Chief Cricket Correspondent
Cricket Sport
PHILIP BROWN/POPPERFOTO/GETTY IMAGES
Stars want to
stay at Saracens
for ‘sabbatical’
ing, the new chairman who replaced
continued from back Wray, urged PRL to release the report
breached the salary cap by £319,600.76, into the salary-cap investigation in a
which equated to the 20 per cent that strongly worded statement denying
Wray and another director had paid to- that the club wanted their details
wards a property bought by Ashton. suppressed.
With all these payments, which were The club did receive some good news
found to have been in breach of the cap, in that their established England
Wray and Saracens’ lawyers argued players want to remain after relegation
that they were intended as honest co- and will treat one season in the Cham-
investments and not as vehicles to pionship as a “sabbatical” year in prepa-
break the salary cap rules. ration for the British & Irish Lions tour
The biggest breach of the salary cap in 2021, according to the club’s director
rules appears to have been the over- of rugby.
spend to Itoje of £871,000 by Wray and The club have since spoken with
two other club directors. most of their squad, including England
The payments were made for a 30 per stars Owen Farrell, Maro Itoje, Jamie
cent stake in Itoje’s image rights George and the Vunipola brothers.
company. They paid £1.6 million for the Mark McCall, the director of rugby, said
30 per cent, based on one valuation. the club’s highest-profile players have
However, PRL took a value from a told him that they want to stay and the
different accountancy firm and club have been assured by Warren
declared that the shares were only Gatland, the Lions head coach, that
worth £800,000. playing in the second tier would not put
According to Sky News, the panel their places on the tour to South Africa
advised against the relegation of next summer in doubt.
Saracens, describing the rules breaches McCall said that he thought a season The captains — Charles Ollivon, Owen Farrell, Alun Wyn Jones and Johnny Sexton — pose for the launch of the Six Nations
as “reckless”. It said: “We accept that the in the Championship may benefit the
breaches were not deliberate, but in club’s leading England players. “Eddie It would be like that. Warren Gatland is group of players who have been playing and when, they return to the
our view they were reckless. We Jones [the England head coach] is on keen to get as fresh a Lions team as non-stop for 10-12 years who are on the Premiership. “I don’t think there is any
consider that to impose a deduction of the whole happy to select players who possible to take to South Africa and cer- point of physical and mental talk about a team disintegrating, there
70 points in one salary cap year is dis- are established, Warren Gatland the tainly our situation, in a funny kind of exhaustion, and we might look at them is an evolving as every other Premier-
proportionate and is not required to same,” McCall said. way, is going to help him.” next year in a slightly different way. It ship team evolves. If you take each
satisfy the underlying purpose of the “The international players had a very Ed Griffiths, the interim chief may be for the first time in maybe 30 squad, that evolves, the churn rate is
relegations.” clear view on what they wanted to do, executive, said that some of England’s years, a Lions coach watches players about 20 per cent at most clubs.”
Saracens insisted they were in favour all of them. Luckily enough that coin- less established players, such as recent turning up and feeling fresh.” Meanwhile, Billy Vunipola is set to be
of the report’s publication, and insisted cided with what we wanted. A lot of our call-up Ben Earl, may be forced to Griffiths, who was previously at the out for at least 16 weeks with a broken
said that they would be fully compliant internationals are proven international spend a year away from the club. club from 2008 to 2015, was brought in arm. The No 8 was injured in the 27-24
with the cap if they return to the top players. You’ve seen New Zealand “It might mean sending players on to get Saracens under the salary cap. He Heineken Champions’ Cup defeat of
flight in 2021-22. Yesterday, Neil Gold- players having sabbatical-type seasons. loan,” he said. “Then there is another said that he is on course to do that if, Racing 92 last Sunday.
Football Sport
A
s Virgil van Dijk opened Jimmy Carter, £800k Jean Michel Ferri, £1.5m Manager: Benítez
the scoring against Jamie Redknapp, £350k Frode Kippe, £700k League finish: Seventh
Manchester United and David Speedie, £675k Rigobert Song, £2.6m 2015-2016
Djimi Traoré, £550k Glen Johnson, £17.5m Total spend £91.75m
Alisson, the goalkeeper, Alberto Aquilani, £17.1m Manager: Jürgen
set up Mohamed Salah to 1991-1992 Sotirios Kyrgiakos, £2m Klopp
add gloss to the result, it was Total spend £8.77m 1999-2000 Maxi Rodriguez, Free League finish: Eighth
tempting to view the outcome — Manager: Souness Total spend £35.35m Raheem Sterling, £500k
inspired by those three key signings League finish: Sixth Manager: Houllier Michael Ngoo, £250,000 Joe Gomez, £3.5m
— as not just another win for League finish: Fourth Adam Bogdan, Free
Mark Wright, £2.2m Danny Ings, £8m
Liverpool but another success for Dean Saunders, £2.9m Sami Hyypia, £2.5m 2010-2011 James Milner, Free
their recruitment team. Mark Walters, £1.25m Vladimir Smicer, £3.75m Total spend £83.35m
Nathaniel Clyne, £12.5m
The club’s surge towards a first title Rob Jones, £300k Titi Camara, £2.6m Manager:
Roberto Firmino, £29m
since 1990, which they will aim to Michael Thomas, £1.5m Stéphane Henchoz, Kenny Dalglish
Christian Benteke, £32.5m
continue at Wolverhampton Istvan Kozma, £300k £3.5m League finish: Sixth
Allan Rodrigues de Souza,
Wanderers tonight, has been founded Scott Paterson £15k Sander Westerveld, £500k
Lee Jones, £300k £4m Jonjo Shelvey, £1.7m
upon Jürgen Klopp’s managerial Dietmar Hamann, Milan Jovanovic, Marko Grujic, £5.1m
acumen, and the work of sporting Free Steven Caulker, Loan
£8m Kamil Grabara, £250k
director Michael Edwards in securing 1992-1993 Erik Meijer, Free Joe Cole, Free
Total spend £6.675m Taiwo Awoniyi, £400k
smart signings over the past four Emile Heskey, Danny Wilson,
years. Yet the true context of the Manager: Souness £11m 2m
League finish: Sixth Fábio Aurélio, 2016-2017
journey Liverpool have been on since
Free Total spend £63.9m
winning their 18th title in 1990 can be Stig Inge Bjornebye £600k
viewed through their overall dealings Nigel Clough, £2.275m Manager: Klopp
League finish: Fourth
in the transfer market. Torben Piechnik £500k
There have been 218 different Paul Stewart, £2.3m Sadio Mané, £30m
signings, costing in excess of David James, £1m Loris Karius, £4.7m
£1.2 billion (excluding players’ wages). Joël Matip, Free
Whether it was a record transfer, Ragnar Klavan, £4.2m
promising youngsters or more Alex Manninger, Free
Georginio Wijnaldum, £25m
established stars, each arrival was
designed to make Liverpool stronger.
The reality proved different. Paul 2000-2001
2
Ince’s move from Inter Milan in 1997, Total spend £21.5m Christian Poulsen,
for example, was viewed as the final Manager: Houllier £4.55m
League finish: Third
M
Mo
Most
ost st e expensive
xp
x pen
enssiivve
e ssigning
igni
igning
ning
g Brad Jones, £2.3m
Virgil
Vi
V irrg
gilil van
van
an D
Dijk
ijijk Raul Meireles, £11.5m
How they compare to rest Bernard Diomede, £3m Paul Konchesky, £3.5m
Gary McAllister, Free Suso, Unknown
of big six in past 30 years Pegguy Arphexad, Free Luis Suárez, £22.8m
Total spent on players Markus Babbel, Free Andy Carroll, £35m
Nick Barmby, £6m
Chelsea Christian Ziege, £5.5m
£1.719bn 1993-1994 Gregory Vignal, £500k 2011-2012
Total spend £6.5m Total spend £53.48m
Man City Manager: Roy Evans Daniel Sjolund, £1m
£1.716bn Manager: Dalglish
League finish: Eighth Igor Biscan, £5.5m
League finish: Eighth
2017-2018
Man Utd Jari Litmanen, Free Total spend £168.1m
£1.373bn Neil Ruddock, £2.5m Jordan Henderson, £16m Manager: Klopp
Julian Dicks, Swap Charlie Adam, £6.75m League finish: Fourth
Liverpool Mark Gayle, Loan
2001-2002
£1.275bn Total spend £18.8m Alexander Doni, Free
Michael Stensgaard, £400k Mohamed Salah, £43.9m
Manager: Houllier Stewart Downing, £18.5m
Arsenal Phil Babb, £3.6m Dominic Solanke, £4m
League finish: Second Jose Enrique, £6m
£0.974bn Andy Robertson, £10m
Sebastián Coates, £4.9m
Alex Oxlade-Chamberlain,
Tottenham 1994-1995 John Arne Riise, £4m
Antonio Núñez, £1.5m Astrit Ajdarevic, £750k
Craig Bellamy, Free
£35m
£0.927bn Total spend £13.5m Milan Baros, £3.2m
Xabi Alonso, £10.7m Daniele Padelli, Loan
Jordon Ibe, £500k
Virgil van Dijk, £75m
Manager: Evans Chris Kirkland, £6m João Carlos Teixeira, £830k
Luis Garcia, £6m Jordy Brouwer, Tony Gallacher, £200k
Jerzy Dudek, £4.85m Danny Ward, Undisclosed
piece of the title jigsaw when the then League finish: Fourth
Nicolas Anelka, Loan
Mauricio Pellegrino, Free Undisclosed
Liverpool manager Roy Evans John Scales, £3.5m Abel Xavier, £750k
Fernando Morientes, £6.3m Francisco Durán, £66k
2018-2019
recruited the ex-Manchester United Mark Kennedy, £1.5m
Scott Carson, £1m Álvaro Arbeloa, £2.5m 2012-2013 Total spend £175.4m
midfielder. But Ince found a squad Javier Mascherano, Loan Total spend £49.9m
Stan Collymore, £8.5m Manager: Klopp
that he felt was capable of winning 2002-2003 2005-2006 Manager:
League finish: Second
Total spend £18.4m Brendan Rodgers
the title but lacked belief and, at
1995-1996 Manager: Houllier
Total spend £27.3m 2007-2008 League finish: Seventh
times, the professionalism to prevail. Manager: Benítez Total spend £71.3m Naby Keita, £52.75m
Total spend £7.75m League finish: Fifth Fabinho Tavarez, £43.7m
It brings into focus the importance League finish: Third Manager: Benítez Fabio Borini, £10.4m
Manager: Evans League finish: Fourth Xherdan Shaqiri, £13.75m
of Klopp in Liverpool’s rise from the League finish: Third Bruno Cheyrou, £3.7m
Antonio Barragan, £240k Joe Allen, £15m Alisson Becker, £65m
team that finished eighth at the end El Hadji Diouf, £10m Oussama Assaidi, £3m
Bolo Zenden, Free Lucas Leiva, £5m Bobby Duncan, £200k
of his first, truncated, season in Stephen Pears, Free Alou Diarra, Free Nuri Sahin, Loan
Pepe Reina, £6m Krisztián Németh, Isaac Christie-Davies, Free
Jason McAteer, £4.5m Patrice Luzi, Free Samed Yesil, £1m
charge. Klopp is the most crucial Salif Diao, £4.7m
Mohamed Sissoko, £5.6m Undisclosed Ki-Jana Hoever
Patrik Berger, £3.25m Daniel Sturridge, £12m
signing Liverpool have made in recent Peter Crouch, £7m Mikel Domínguez, £270k
Philippe Coutinho, £8.5m
Undisclosed
years, working with Edwards, head of Miki Roque, Unknown Sebastián Leto, £1.8m
recruitment Dave Fallows and chief 1996-1997 2003-2004 Jack Hobbs, £750k Dani Pacheco, Free
2019-2020
Total spend £3.5m Total spend £11.5m Besian Idrizaj, £190k Fernando Torres, £20.2m 2013-2014
scout Barry Hunter to overcome the Mark Gonzalez, £1.5m Andriy Voronin, Free Total spend £11.65m
Manager: Evans Manager: Houllier Total spend £41.3m
excesses of previous regimes. League finish: Fourth Paul Anderson, Swap Yossi Benayoun, £5m Manager: Klopp
League finish: Fourth Manager: Rodgers
The success rate of signings since Jan Kromkamp, Swap Ryan Babel, £11.5m League finish: Second
League finish: First*
2016 has been astonishing and Dejan Nicky Rizzo, Free Anthony Le Tallec, £1.5m David Martin, £250k Charles Itandje, Sepp van den Berg, £4,4m
Lovren, who signed before the Klopp Bjorn Tore Kvarme, Free F Sinama-Pongolle, £1.5m Daniel Agger, £5.8m Undisclosed Luis Alberto, £6.8m Harvey Elliott,
era, said last season that there was Oyvind Leonhardsen, £3.5m Steve Finnan, £3.5m Robbie Fowler, Free Emiliano Insúa, £1.675m Iago Aspas, £7m to be decided
now a “perfect match” at the club. Harry Kewell, £5m Lauri Dalla Valle, £600k Simon Mignolet, £9m Adrián San Miguel, Free
Carl Medjani, Free Martin Skrtel, £6.5m Kolo Touré, Free
“It was like a puzzle, you just keep 1997-1998 Paul Jones, Loan 2006-2007 Andy Lonergan, Free
Javier Mascherano, 18.6m Aly Cissokho, Loan
bringing these players you missed. I Total spend £9.05m Total spend £27.2m Daniel Ayala, £160k Mamadou Sakho, £15m
Takumi Minamino, £7.25m
think now we have everything.” Manager: Evans Manager: Benítez Damien Plessis, Tiago Ilori, £3.5m
The three decades of difficulties 2004-2005
should serve as a stark warning to
League finish: Third
Danny Murphy, £1.5m
Total spend £42m
League finish: Third
Craig Bellamy, £6m
Undisclosed Victor Moses, Loan
Total spend
Manager:
Manchester United. Falling from the
summit into mediocrity can be swift
Paul Ince, £4.2m
Karl-Heinz Riedle, £1.8m
Rafael Benítez Gabriel Paletta, £2m
Fábio Aurélio, Free
2008-2009 2014-2015 £1.275 billion
League finish: Fifth Total spend £39m Total spend £116.85m
with wrong moves in the transfer Jorgen Nielsen, £400k Jermaine Pennant, £6.7m Manager: Benítez Manager: Rodgers *Managers at end of each
market leading to an unravelling Haukur I. Gudnason, £150k Djibril Cissé, £14.5m Dirk Kuyt, £9m League finish: Second League finish: Sixth season.
which can take years, and in some Brad Friedel, £1m Josemi Rey, £2m Nabil El Zhar, £200k Source LFChistory.net
cases decades, to correct.
68 2G M Thursday January 23 2020 | the times
Sport Football
miss, Alyson Rudd goes Mile Jedinak has scored all 17 penalties he has taken
during his career
in search of advice for
the errant Brazilian 2
4
Player set to face antisemitism charge Agents vote against fees cap
Martyn Ziegler Chief Sports Reporter imposed in November that came after offence for antisemitism. When asked, Matt Lawton, Gary Jacob Raiola among them, and they were
Port Vale had beaten a youthful Crewe on Twitter, to “predict the World War united in agreeing that they should
A lower-league striker apparently hell- team. Pope taunted a Crewe fan saying: III result”, Pope replied: “We invade Football agents are expected to launch resist Fifa’s efforts.
bent on becoming the most objectiona- “It’s nothing to be proud of beating up Iran then Cuba then North Korea then a legal challenge against any attempt A source from inside the meeting told
ble man in English football has been kids! In saying that the kids were happy the Rothchilds [sic] are crowned by Fifa to place a cap on their fees after The Times that when agents were asked
banned for one match for insulting a with the beating instead of a f*** . . . champions of every bank on the planet.” voting unanimously against the new if they would instead consider the
fan — and is likely to be charged within [thumbs up emoji].” In July, he was also The Rothschild family are often proposals in London yesterday. introduction of “a fair cap”, only three
days for a separate incident in which he fined £2,000 after “extremely insult- referenced in antisemitic conspiracy Last October Fifa approved a or four hands went up.
posted an allegedly antisemitic tweet. ing” comments about Carolyn Radford, theories about Jewish influence in the proposal to cap agents’ fees at 10 per Premier League clubs paid £260 mil-
Tom Pope, the 34-year-old Port Vale the chief executive of Mansfield Town. financial world. When a Twitter user cent of the transfer fee if they are acting lion to football’s middle men during the
striker, was given the ban yesterday for In the latest case, Pope had denied his pointed that out to Pope, he replied: for the selling club, 3 per cent of a 2018-19 season, which represented an
insulting a fan’s appearance by likening Twitter comments were improper but “How is it racist? I mentioned them player’s contract when acting for the increase of £49 million on the previous
him to the disfigured character Sloth an independent regulatory commis- owning the banks which is fact and now footballer and 6 per cent if also acting campaign. Fifa points to those figures
from the 1985 film The Goonies. sion found the charge proven and also I’m facing all this.” for the buying club. as a reason for introducing a cap.
Although that would not usually lead imposed a £1,500 fine. In one of his less offensive posts, Pope However about 200 agents gathered Fifa is looking to introduce the cap
to a ban, Pope has at least two previous Pope’s record means he is danger of said he would score 40 goals a season if at Barnet FC yesterday for a meeting for next season but any legal challenge
misdemeanours related to his social landing a lengthy ban if, as expected, he he played against the Manchester City arranged by the Association of Football could push the changes back to the
media use, including a one-match ban is charged by the FA with an aggravated defender John Stones every week. Agents, with Jorge Mendes and Mino 2021-22 campaign.
the times | Thursday January 23 2020 2G M 69
Sport
1
No 1 goalkeeper is in doubt after the
Norwich City Dele Alli has scored club began scouting for new signings.
Pukki 70 (pen)
Spurs’ last two league The Spaniard, 25, joined from
goals from open play with Athletic Bilbao in 2018 for £71 million
Premier League but has not lived up to his tag as the
Alyson Rudd 6hr 55min between last
night’s and the one world’s most expensive goalkeeper
Just as Spurs looked to have fallen into against Brighton on after a solid first season with the club.
a rut, arguably the least aesthetically Boxing Day Willy Caballero, 38, is the second-
pleasing goal of Son Heung-min’s choice keeper but he is out of contract
career rescued three points in a contest at the end of the season and concern
that had begun to spiral away from their has been growing over Arrizabalaga’s
control. Five points from their last five performances. He tamely let in the
games does not lend José Mourinho’s winner in the 1-0 defeat by Newcastle
team a sense of grandeur but this United, and his failure to prevent
victory, their first in the Premier Gabriel Martinelli scoring in the 2-2
League this year, halted what could draw with ten-man Arsenal on
have become a slow rot. Tuesday also drew criticism.
They took the lead through Dele Alli Frank Lampard was unhappy with
but were browbeaten by a spirited Nor- many facets of Chelsea’s failure to twice
wich City fight back as the visitors drew hold on to the lead on Tuesday but the
level through Teemu Pukki’s spot kick. head coach said of his goalkeeper: “I
“How can we change the game?” know there’s a focus on him at the min-
Mourinho said. “With the family spirit, ute. That’s top-line football. With his
the family character and desire.” feet a couple of times today, he took too
The Portuguese made it all sound like long and nearly gave it away.
Little House on the Prairie, especially “Sometimes that can change the
when he spoke of how goalkeeper momentum of a game. That’s some-
Paulo Gazzaniga “shared our happiness thing obviously that he’ll know and has
to have Hugo back as a friend,” when to look at — and we have to look at.”
explaining how he dropped the Reports have linked Chelsea with
Argentinian after the surprise return to Nick Pope, the Burnley goalkeeper,
fitness of Hugo Lloris, who suffered a Alli steers home the opening goal for Tottenham, who welcomed Lloris, below, back into the team ahead of schedule while Dean Henderson, the
serious elbow injury in October, but Manchester United player impressing
this all came perilously close to dent the spirits of Farke’s side as they should be out of action for weeks rather have done better, he presumably kept it on loan with Sheffield United, has been
something far more dysfunctional. bounded forward in search of an than months, according his manager — to himself in the name of harmony. mentioned. It is unlikely that United
Mourinho spoke of puzzles created immediate equaliser. Not to be outdone after a Cantwell challenge, as the home As Tottenham began to run short of would want to sell even their No 3
by the injury to Harry Kane but Daniel in terms of attitude, Spurs became team began to be slightly dazzled by ideas, a delightful pass from Lo Celso goalkeeper to Chelsea, though.
Farke has had a sudoku of a first season occasionally flamboyant with Lamela Norwich’s ebullience. A slip by Jan set free Alli whose shot was deflected Meanwhile Chelsea have offered to
in the Premier League with a host of attempting to play in Alli with an Vertonghen looked to have set Pukki high into the air leaving Son with the sign Edinson Cavani on loan from Paris
injuries. His team were under siege eye-catching rabona pass. free but Giovani Lo Celso made a quick simplest of headers for Spurs to take the Saint-Germain until the end of the
from the start with the best of the early After a lengthy VAR review, Cant- recovery tackle. lead once more, although this time season. Lampard said Chelsea must
chances coming from a Serge Aurier well was cleared to play on following a Some calm, intellectual football was against the run of play. strengthen up front after dropping
cross-field pass which found Érik foul on Lamela that Chris Kavanagh, needed by Spurs and so Mourinho Lukas Rupp’s fine strike was diverted points against Arsenal and potentially
Lamela, whose crisp strike was the referee, had viewed as worthy of brought on Christian Eriksen, strongly for a corner as Norwich continued to losing Tammy Abraham, their leading
athletically saved by Tim Krul. just a caution. The reprieve meant linked to a move to Inter Milan, and the hunt, in vain, for another equaliser. scorer, who hobbled off at full time after
Norwich, though, were not cowed. Cantwell played with supporters were far from impressed. Mourinho told Farke his team “deserve a knock on the ankle.
Part of the reason they could yet avoid even more zest and was The Norwich players were not that a happy ending at the end of the season” Chelsea’s proposed deal is to pay a
relegation is the manner in which they adamant that his effort, bothered either and carried but it looks increasingly likely they will loan fee to PSG and cover the forward’s
perform with optimism regardless of soon after the review, on with their energetic gain more plaudits than points. wages, about £360,000 a week, until his
the situation and they fashioned a clear should have earned his forays forward. It earned contract expires at the end of June. His
chance when the Tigger-like Todd team a penalty after the ball them a penalty as Ryan wages alone would total £7.2 million
Cantwell played in Pukki only for the struck the arm of Toby Alder- Sessegnon fouled Max Tottenham Hotspur (4-2-3-1): H Lloris 5 — and a loan fee would be negotiated
S Aurier 7, J Vertonghen 5 (sub: G Fernandes
Finland striker to hook his strike wide. weireld. Pukki put another Aarons, the impressive 75min), T Alderweireld 5, R Sessegnon 5 —
between the clubs but in other transfer
Son tried an ambitious strike from 25 chance wide and then Cant- full back. Pukki coped H Winks 5 (sub: E Dier 56, 6), G Lo Celso 7 — Son deals has been between £4-8 million for
yards out but given the South Korean’s well was again at the heart of with the long VAR review Heung-min 7, D Alli 7, E Lamela 7 (sub: C Eriksen a full season’s loan.
penchant for glamorous goals, there the action as Norwich scram- and side-footed his penalty 62, 5) — L Moura 5. Subs not used P Gazzaniga, However, PSG have indicated that
D Sánchez, T Ndombélé, J Tanganga.
was a sort of harrumph from the stands bled together another move into the left corner of Lloris’s Norwich City (4-2-3-1): T Krul 5 — M Aarons 7,
they want to sell Cavani for as much as
usually reserved for missed tap-ins that ended messily but could net. If Gazzaniga, who had C Zimmermann 6, G Hanley 6, S Byram 6 — £23 million. Cavani, 32, has grown
when his effort sailed over the crossbar. just easily have led to saved a penalty in Sat- A Tettey 5 (sub: O Hernández 82), K Mclean 5 frustrated in Paris having made only
Spurs made the breakthrough in the Pukki toe-poking urday’s draw (sub: M Stiepermann 90+3) — L Rupp 6 (sub: nine league appearances this season.
J Drmic 86), O Duda 6, T Cantwell 7 — T Pukki 7.
38th minute as Son prodded the ball to past Lloris. with Watford, Subs not used M McGovern, J Lewis, T Trybull, Lampard called him a “great player”
Aurier whose firm cross was met by Alli. Harry Winks hob- was wonder- I Amadou. Booked Cantwell. and said he “loved his mentality and
It was a fast-paced move that did not bled off in pain — he ing if he would Referee C Kavanagh. Attendance 58,182. attitude” this week.
Fulham fail to break down Bowyer’s men Forest suffer late frustration
0 1
0
break down a Charlton side who came start looking forward. “I would have lasted only three minutes as Sam
Charlton Nott’m Forest
2 2
into the game having won only one of liked it sooner but it was delivered to me Baldock’s shot on the turn was tipped
Grabban 80
their previous 16 league games. yesterday afternoon and I wanted it on to the bar by the Forest goalkeeper,
1
0 1
Aside from a couple of half-chances done as soon as possible,” he said. “It’s Brice Samba, and bounced on to the
Fulham in the first half and a good opportunity been dragging on for two years. Reading line. Although a flag went up, the refer-
Baldock 83
that fell to Michael Hector early in the “I want to be part of building things at ee David Webb said the goal was good.
second, Scott Parker’s side rarely this club. I have great people around It was a virtual carbon copy of the
Sky Bet Championship looked capable of claiming the win that me, the players give me everything
Graham Hill
game between these sides at the
Ian Winrow
would have further closed the gap to when they step onto the pitch. So why Sabri Lamouchi watched Nottingham Madejski Stadium this month in which
Charlton Athletic were unable to mark Leeds United, who lie second. wouldn’t I want to be part of it?” Forest let slip a chance to move to Forest took the lead in stoppage time
Lee Bowyer’s new three-year contract The reaction to the announcement Fulham’s attack lacked a cutting within three points of the top of the only for Reading to equalise.
with victory, but they did at least of Bowyer’s new deal inside the stadium edge, frustrating Parker. “I’m a bit dis- table but the head coach preferred to “The stadium is disappointed, the
frustrate a Fulham side hoping to close confirmed the club’s supporters are appointed but it’s another clean sheet take the positives after victory was con- dressing room is disappointed, the
the gap on the automatic promotion clearly grateful there is a much greater and if you don’t win it, you certainly troversially snatched from his side. players are disappointed. But it is not
places to one point. sense of stability after the change in don’t want lose the game and that is the Lewis Grabban looked to have settled done,” Lamouchi said. “This is a very
Deprived of the injured forwards ownership this month and the biggest positive,” he said. “We have a lot the game with ten minutes left after good point against a good team. We
Aleksandar Mitrovic and Anthony manager’s reaction to his new contract of front players missing and it was a being set up by Sammy Ameobi inside scored at a good time. Unfortunately
Knockaert, Fulham lacked the nous to reinforced the view that the club can game needing a bit of attacking genius.” the six-yard box. However, the lead they equalised at the wrong time for us.”
70 2G M Thursday January 23 2020 | the times
2010
2011
Final position
57 points 2
54 1
0
In the first half, Aaron Wan-Bissaka
Man United
2
sent over three pinpoint crosses, but the
recipients could not convert.
1
2
Wan-Bissaka’s first cross rolled across
Burnley the box to Martial who stuck his left
Wood 39, Rodriguez 56
boot out too late to make a pure con-
Paul Hirst nection from six yards. Wan-Bissaka
crossed again, but Juan Mata swung
Ed Woodward did not have the and missed. Another cross came over
misfortune of watching his Manchester from the right back. This time, Daniel
United team crumble to defeat against James leapt high, but Pope swatted
Burnley in person last night. United’s away his header. Martial then ran on to
under-fire executive vice-chairman Nemanja Matic’s clever pass, but the
was away on “club business” but he dawdling Frenchman took two poor
should scour the internet for a picture touches and Charlie Taylor intervened.
of last night’s scoreboard at Old Traf- Wood only needed one sight of goal
ford and download it as his screensaver to find the net. Ashley Westwood
for his phone. That is what Woodward Rodriguez’s Distance 19 yards floated a free kick in, Ben Mee beat
did when United lost 2-0 to Olympiacos rocket Speed 59mph Matic to flick on and Wood launched
six years ago under David Moyes. the ball past David de Gea on the
Woodward would look at the screen- half-volley after giving Maguire the
saver to remind him of what at the time United’s shortcomings in the transfer slip. It was a superb finish but United’s
was the lowest ebb of his reign and spur window were exposed. With Marcus two tallest players had a lot to answer
him on to produce more positive times. Rashford missing because of a back for. A few boos rang out at half-time.
United’s first home defeat to Burnley in injury, United lacked incision and a Solskjaer responded by replacing
58 years felt like a new low. clinical edge up front. Anthony Martial Andreas Pereira with Greenwood, but
United had the chance to claw back seemed shaken after taking a whack little changed.
the gap between themselves and early on from James Tarkowski. On two There was too much hit and hope
Chelsea to three points, but once again occasions, the Frenchman fluffed good from the hosts. Burnley showed United
they froze. Once again they failed to opportunities. Nick Pope only made how to do it. Taylor beat Greenwood to
bear their teeth in front of goal. Once one save of note in the first half. United a header, Westwood fed Rodriguez who
again the fans turned on Woodward desperately need to add a striker to played a one-two with Wood and ad-
and the Glazer family. As soon as Jay their ranks in the next week or so, and vanced into the box. Rodriguez left Ma-
Rodriguez’s left-footed rocket crashed surely they will now try to get the sign- guire for dead and struck a rising left-
off the underside of the bar and into the ing of Bruno Fernandes from Sporting footed shot that went past a diving De
United net, the fans behind the goal in Lisbon over the line. The central mid- Gea and in off the underside of the bar.
the Stretford End responded en masse field was lacking in creativity and in de- Most of the fans headed for the exits.
by chanting the name of their manager. fence, Phil Jones and Harry Maguire Those who remained watched Luke
The message was clear: they believe were undone by Wood and Rodriguez. Shaw head past Pope, but it was ruled
that Ole Gunnar Solskjaer is not princi- Solskjaer must of course accept some out for a push, and the boos rang out
pally to blame for United’s woeful of the blame. His decision to start again at the final whistle.
season, one that has left them with nine Mason Greenwood on the bench was
wins from 24 games. They put the baffling given that Rashford was
blame at the door of Woodward and the unavailable. Greenwood, United’s best Manchester United (4-2-3-1): D De Gea 6 —
A Wan-Bissaka 7, P Jones 4, H Maguire 4,
owners. Sixty-five minutes into this finisher according to his manager, B Williams 6 (sub: L Shaw 69min, 5) — Fred 6,
match, the chant “stand up if you hate looked disappointed to be left out of the N Matic 6 — J Mata 5, A Pereira 4 (sub:
Glazers” echoed around Old Trafford. team. While the rest of his team-mates M Greenwood 46, 5), D James 6 (sub: J Lingard
Almost all of the stadium rose to its feet. were in the dressing-room before kick 69, 5) — A Martial 5. Subs not used S Romero,
E Bailly, D Dalot, A Gomes.
Most of those fans had left by the final off, Greenwood was consoled by Kieran Burnley (4-4-2): N Pope 7 — M Lowton 7,
whistle and who could blame them? McKenna, the coach, on the pitch. J Tarkowski 7, B Mee 7, C Taylor 8 — J Hendrick 7, Rodriguez
Burnley had outwitted and outplayed The statistics do not make for good A Westwood 7, J Cork 7, D McNeil 7 — C Wood 9,
scores in the
United on their own patch. Sean Dyche reading for Solskjaer. Since he was J Rodriguez 9. Subs not used J Hart, R Brady,
second half
E Pieters, A Lennon, M Vydra, K Long,
had earned his first win over United at made permanent manager in March, M Goodridge. to double
his tenth attempt thanks to cracking United have lost more Premier League Booked Taylor, Westwood. United’s woe
hits from Rodriguez and Chris Wood. games (12) than they have won (11). Referee J Moss. Attendance 73,198
Sport
ALEX LIVESEY/GETTY IMAGES
P W D L F A GDPts
Injured Vardy is
latest victim of
Liverpool.......22 21 1 0 52 14 38 64
Man City.........24 16 3 5 65 27 38 51
Leicester........24 15 3 6 52 24 28 48
Chelsea...........24 12 4 8 41 32 9 40
Man United...24 9 7 8 36 29 7 34
Tottenham.....24 9 7 8 38 32 6 34
Wolves............23
Sheff Utd........24
Southamptn..24
Arsenal...........24
C Palace..........24
Everton...........24
8
8
9
6
7
8
10
9
4
12
9
6
5 34 30 4 34
7 25 23 2 33
11 31 42 -11 31
6 32 34 -2 30
8 22 28 -6 30
10 28 35 -7 30
crazy schedule
Burnley...........24 9 3 12 28 38 -10 30
4
0
Newcastle......24 8 6 10 24 36 -12 30 after 24 minutes when Leicester began
Leicester City
2
Brighton.........24 6 7 11 27 34 -7 25 turning all that possession, touching 77
Barnes 24, Ricardo 45+5, Pérez 81 (pen), 88
Aston Villa.....24 7 4 13 31 45 -14 25 per cent, into tangible reward on the
1
West Ham......23 6 5 12 27 38 -11 23 scoreboard.
B’mouth..........24 6 5 13 23 37 -14 23 West Ham United It was a flowing move, full of quick
Watford..........24 5 8 11 21 36 -15 23 Noble 50 (pen)
passes and darting movement, the
Norwich..........24 4 5 15 24 47 -23 17 attack accelerated by the vision of
Henry Winter Chief Football Writer
James Maddison. The No 10 was in the
English football currently resembles hole behind Vardy, usually looking for
one of those old Agatha Christie Barnes left and Ayoze Pérez right in
dramas with leading characters that 4-2-3-1 system. Here he picked out
disappearing one after the other. After the right back Ricardo Pereira, who
injuries to England strikers such as advanced before trading passes with
Harry Kane, Marcus Rashford and Pérez and returning the ball to Maddi-
Tammy Abraham, three lions on a son. The England international quick-
treatment table, the debate arose over ened the move, passing to Youri Tiele-
whether Jamie Vardy would return to mans, who slipped the ball inside to
the England fold, answering an Barnes. The 22-year-old drove through
emergency call from Gareth Southgate. the middle, before slipping the ball right
Vardy promptly pulled up lame, to Pereira. Aaron Cresswell tried to cut
damaging his glute while thumping a out Pereira’s ball back in, his left foot
clearance away. stretching out, failing to intervene but
Vardy’s manager, Brendan Rodgers, playing Barnes onside, and he ran
sounded positive about his No 9 after- through to turn the ball in.
wards — “thankfully, his hamstring was Barnes created Leicester’s second
fine” — but he has to be a doubt for after Vardy had departed. Picking up
Leicester City’s game away to Aston the ball on the left, he raced into the box
Villa in the second leg of their Carabao before cutting the ball back to Pereira,
Cup semi-final on Tuesday. (Vardy was who came flying in, thundering in a
unlikely to play in the FA Cup against shot that carried echoes of Brazil’s Car-
Brentford this weekend). los Alberto in the 1970 World Cup final.
The debate should focus as much on A flurry of boos came from the visit-
the intense winter schedule, which ing 2,107 fans at the half-time whistle,
undoubtedly contributed to the injuries having also vented their ire at the
to Rashford and Vardy. The quality of owners. The shortage of pace and crea-
medical attention is now so good, and tivity in midfield was painful to observe.
the timescale sympathetic, that Kane The defence looked ill-suited to a back
(hamstring) and Rashford (back) five, Pablo Zabaleta is slowing, and
should have recovered before the end Sébastien Haller was isolated in attack.
of the season, able to resume club David Moyes acted, sending on
combat, while the initial reports on Michail Antonio and Pablo Fornals for
Abraham’s ankle were positive and Arthur Masuaku and Robert Snodgrass
Vardy should be back soon. But the and going to a back four. They briefly
gruelling winter has taken a toll. got back into the game. Wilfred Ndidi,
Pep Guardiola, the Manchester City making a remarkable return to action
manager, has a point when calling for 13 days after knee surgery, challenged
action over the congestion at this time Haller in the box, the contact was mini-
of year, especially with the Carabao mal but David Coote pointed to the
Cup and FA Cup overlapping, and a spot. VAR checked, Peter Bankes back
midweek round of Premier League at Stockley Park, confirmed it, and
games being squeezed in with the Mark Noble duly drove the kick down
winter break imminent next month. the middle as Kasper Schmeichel
Dominic Calvert-Lewin and Danny helpfully dived out of the way.
Ings will be increasingly linked to With nine minutes remaining,
making late runs for the Euros. Leicester ended West Ham’s hopes of a
Vardy, of course, had retired from comeback when Vardy’s replacement,
England duty, but there is always the Kelechi Iheanacho, raced past Issa
hope that he might be persuaded by the Diop and was brought down in a tangle
prospect of a tournament largely at of limbs by Angelo Ogbonna. Pérez was
home, a final swansong for a team that clinical with his firm penalty, giving
could progress far. Vardy has scored 17 Randolph no chance. Some slick inter-
Wood scores
Saracens ‘paid
United fans
to heap more
misery on
Solskjaer, inset,
at Old Trafford
Itoje £800k
over the odds’
direct fury Owen Slot, Adam Hathaway
at Glazers
Ferdinand: defeat was an embarrassment
legal judgment that found the club
guilty of breaching the salary cap for
three successive seasons.
Hours after Premier Rugby said that
it would publish the full report by the
disciplinary panel in the next few days,
Sky News laid bare the extraordinary
details that led to the domestic and
European champions being docked 35
points and fined £5.4 million for over-
spending in those three seasons. On
Manchester Utd 0 Saturday it was confirmed that they
had failed to stay under the cap this
Burnley 2 campaign and would be relegated to the
Championship.
Ian Whittell The leak alleges that a further
£95,000 was paid over three seasons to
Thousands of Manchester United Itoje by a hospitality company based at
supporters turned their anger Saracens, and run by Lucy Wray, the
towards their club’s owners and Ed daughter of the chairman, Nigel Wray.
Woodward last night during a However, the report states that there is
humiliating 2-0 loss to Burnley. no evidence of Itoje attending any of
Chants of “We want the Glazers these hospitality events.
out” resounded from the stands, The leaked report states that there is
and fans headed for the exits long no suggestion or evidence that any
before the final whistle as United’s player was complicit in any of the club’s
hopes of a top-four finish took actions or was even aware of the salary
another battering. cap violations.
Ole Gunnar Solskjaer’s side The judgment reveals a number of
were booed off at the end of each business dealings with Itoje, Richard
half as fans saw their side lose to Wigglesworth, Mako and Billy Vunipo-
Burnley at Old Trafford for the la and Chris Ashton, the wing who has
first time in 58 years. since left the club. It shows that Wray,
But it was the American owners who resigned as the club’s chairman
the Glazers and the executive this month, had gone into joint proper-
vice-chairman Woodward who ty ventures with some players and
were the focus of the most vitriolic made payments totalling £1.3 million.
reaction from the crowd. And that 6 He had made an investment of
mood was reflected by club legend £450,000 in a company owned by Billy
Rio Ferdinand. “In the 84th and Mako Vunipola.
minute I saw people get up and 6 He had made an investment of
go,” he said. “Seeing people leave £220,000 in a company owned by
with disdain on their face, it is an Wigglesworth.
embarrassment. The downward 6 He had made an investment of
Continued on page 70 £250,000 in a company owned by Itoje.
6 Saracens were also found to have
Continued on page 66
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