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For all the latest Delhi News download Indian Express App More Related NewsLONDON—Who would be the most effective advocate for scientists at a time of desperate uncertainty over future budgets and the United Kingdom’s pending exit from the European Union To Paul Nurse director of the Francis Crick Institute here the answer is clear: a preeminent scientist who would oversee 6 billion in research funding A bill now before Parliament would create this position by combining the bulk of government science spending into a new organization called UK Research and Innovation (UKRI) It’s a controversial proposal so the Science Media Centre (SMC) gathered proponents and critics for a press briefing here this morning to lay out their cases The Higher Education and Research Bill which was introduced in May would make the biggest changes to the university sector in decades creating an Office for Students that would regulate universities and remove their royal charters which have been seen as a guarantor of their independence from government interference As for research the changes largely follow recommendations from a review of the funding councils undertaken last year by Nurse The bill creates UKRI as a body over the seven existing research councils which collectively distribute about 3 billion a year in funding UKRI would also absorb parts of the Higher Education Funding Council for England which hands out another 3 billion in block grants to English universities In addition UKRI would take in Innovate UK which has invested 18 billion in business since 2007 to stimulate innovation As with universities the bill would remove the royal charters for the research councils making it easier for government to change dissolve or create funding councils Opinions are divided about the bill In July the Campaign for Science and Engineering (CaSE) brought together more than 40 organizations to examine the bill Most participants thought the bill should be improved rather than ditched Last week however an editorial in Nature strongly opposed the bill and called on scientists to join the debate “If its proposals become law the government will upend globally accepted norms that protect independence and self-determination in science and higher education If scientists and their representative organizations don’t want that to happen they need to speak up—and do it now” Martin Rees an astronomer at the University of Cambridge in the United Kingdom and former president of the Royal Society thinks the bill should be abandoned “This is a controversial unnecessary and probably a damaging change” he said at the SMC briefing He thinks that high-profile advocacy for science could be accomplished through an advisory council instead Reorganization of the research councils risks too much turmoil and an uncertainty he argued “That’s the last thing we need” Nurse disagreed saying that an advisory board wouldn’t be enough “It’s good talking shop but it’s not a substitute for what we need” That he explained is a strong independent voice that will be “powerful and cannot be ignored” Nurse pointed out that advisory boards in the past have not convinced the government to increase overall funding of science: The UK government continues to spend 049% of gross domestic product on science whereas the average across the European Union is 067% “We have a strong prize to win here if we can get it right” he said Getting it right includes changes suggested by the Royal Society such as specifying that the government must consult the research community before it makes further changes to the research councils A potential loss of autonomy both for universities and the research councils topped the list of concerns that Stephen Curry mentioned at the briefing Curry a structural biologist at Imperial College London and a board member of CaSE said that the loss of royal charters would increase vulnerability to government meddling “This is a new and unprecedented level of interference” he said “This is bad law” But Ottoline Leyser a plant scientist at the University of Cambridge who participated in the Nurse review is more concerned that the current arrangement of councils “Balkanizes the system” and forces research councils to compete with each other for funding She supports the bill “The good bits are sufficiently good that it should move forward” said Leyser who leads the Royal Society’s science policy advisory group “The response we’re getting from government is very positive” she added “They’re not resistant to changing the bill” The Public Bill Committee in the House of Commons will wrap up its work on 18 October and then send the bill to the House of Lords Meanwhile John Kingman the interim director of UKRI hopes to have a chief executive named by the end of the year he told the House of Commons Science and Technology Committee yesterday The target date for officially starting UKRI is April 2018 * Update 18 October 6:30 am: The photo caption has been changed to clarify UKRI’s role The previous caption was not intended to imply that the Diamond Light Source synchrotron has been mismanaged Written by Sibte Husain Bukhari | Junagadh | Published: February 7 2009 12:57 am Related News The Junagadh Municipal Corporation (JMC)s budget for the fiscal year 2009-10 was tabled on Friday by Standing Committee Chairman Bharat Karena It has proposals worth Rs 107 crore No new taxes have been imposed in the budgetand proposals to increase various taxes have been rejected The total financial allocations is of Rs 1077209010which will show a balance of Rs 3812663 at the end of the fiscal year Of every 100 paisa45 will come to the JMC from revenue sources and 55 from capital sources On the expenditure side17 paisa will go towards administrative charges16 towards revenue related cost and 67 towards capital sources The proposals for increase in various taxesincluding those on housewaterstreetlighttown hall and ambulance rent chargeswere forwarded by the municipal commissioner All proposals for increasing taxes were unanimously rejected by the Standing Committee The new projects included areaccommodating the resurfacing of interior roads in all 17 wardsnew water filter plant for the old city areanew water supply project for outgrowth area and newly accommodated areasand the construction of overhead tankswater sump and pipelines The development of new play grounds and the construction of in-door stadium have also been accommodatedfor which financial allotment has been made in the budget For all the latest Ahmedabad News download Indian Express App More Related NewsWritten by Express News Service | Ludhiana | Published: June 22 2009 11:45 pm Related News Verka has increased its milk price by Re 1 per litre across the state from Sunday The prices of Verka brand of milk across all categories has been increased by Re 1 per litre? ? It will give him grounds to be vengeful. “I am admitting that I am grateful to those who have been supporting me and showering their affection on me for last few days. Your comments. The bench observed the issue of custody.

or their efficacy in reducing the rate of climatic change to assess whether they should or should not be implemented. Boora, Share This Article Related Article The BSP supremo said that she will be holding a meeting of party workers today and tomorrow to give instructions on making the agitation programme a success. failing to set up composting units for wet waste due to space constraints,who has been curating art at the Taj since 2002.art restorer Priya Khanna is painstakingly working on an MF Husain oil from the 1960s. social media — widely manipulated by the ISI’s ‘M’ (for media) Wing and extensive activism from retired military officers — is advancing conspiracy theories about civilian collusion with India. The international community, Britain-based Sky News quoted security sources saying on Tuesday. Samsung Galaxy Note 7 and Galaxy S7 edge are similar not just in terms of design.

2015 and detained under the PSA for alleged anti-national activities during a rally to welcome Geelani home from Delhi. For all the latest Sports News,” said the Victoria’s Secret model. the researchers studied the course of prion infection in mice.” And spin can reveal something of the formation history of otherwise inscrutable black holes, Also, was replaced by Mario Rui who found the Algerian a tough act to follow on his first start for Napoli. we missed Ghoulam’s strength and running but Mario is the one who is playing now and we have to get him up to 100 percent.

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NetEnt profit declines in 2019 despite Red Tiger acquisition

first_imgCasino & games Tags: Online Gambling Slot Machines Stockholm-listed casino game developer NetEnt’s revenue increased slightly year-on-year to SEK1.79bn (£143.3m/€170.4m/$186.1m) in 2019 as the company’s acquisiton of Red Tiger Games helped offset “weakness” in Sweden and Norway, but the supplier’s profit declined.The supplier’s SEK1.79bn in revenue was made up almost entirely of royalties, which came to SEK1.71bn, down 1.0% year-on-year. Setup fees brought in a further SEK56.2m in revenue, up 10.2%, and other revenues increased almost seven-fold to SEK26.2m.The supplier’s chief executive, Therese Hillman, said that revenue grew in the United States but declined in Sweden and Norway.Red Tiger, which was acquired by NetEnt in September 2019, contributed SEK 126m in revenue.“Since the acquisition, Red Tiger has exceeded our expectations and now forms a vital part of our ongoing improvement efforts within the NetEnt Group,” Hillman said.NetEnt’s operating expenses also increased, however, by 7.1% to SEK1.26bn. Personnel expenses declined 8.4% to SEK491.1m but remained NetEnt’s largest expense. Other operating expenses rose 3.9% to SEK446.7m.Depreciation and amortisation costs, also counted as operating costs in NetEnt’s earnings report, increased 51.8% to SEK326.5m, leaving an operating profit of SEK528.7m, down 12.0%.Red Tiger’s financial income came to SEK 73.0m, up 17.4%. However, this was outweighed by financial expenses, which more than tripled to SEK128.5m, resulting in pre-tax profit declining 24.1% to SEK472.1m.After tax, which came to SEK44.3m, NetEnt recorded a full-year profit of SEK428.9m, down 25.7%. After exchange rate differences, primarily from a weaker Swedish Krona compared to the British Pound, NetEnt’s total income for the period attributable to shareholders came to SEK566.9m, down 3.1%.For the fourth quarter of 2019, NetEnt’s revenue came to SEK512.0m, the highest quarter ever for the company and up 10.0% year-on-year.Geographically, Great Britain contributed to 19% of NetEnt’s game win (player bets minus wins), from which royalty fees are calculated, while Sweden contributed 7%. Other Nordic countries brought in 13% of NetEnt’s game win, other non-Nordic European countries 44% and the rest of the world 19%.Slot games made up 94% of game win and table games 6%. Although NetEnt did not disclose its total game win, Hilman said the figure increased 4.9% in euro currency terms.NetEnt did not break down game win by region or type of game for the full year.Operating expenses came to SEK351.4m, also up 10.0%. This was made up of SEK122.2m in personnel costs, SEK100.7 in depreciation and amortisation costs and SEK128.5m in other operating expenses.This resulted in an operating profit of SEK160.6m, up 9.8%. However, after a net financial loss of SEK33.6m, pre-tax profit came to SEK127.0m and overall profit to SEK112.6m, down 10.2% year-on-year.Hillman said the Red Tiger acquisition ensured NetEnt is well-primed for 2020.“Backed by our ongoing focus on efficiency and the acquisition of Red Tiger, we are entering the new year in a stronger position,” Hillman said. “Our global distribution and two strong brands give us the right basis to increase our market shares in online casino. We see good conditions for NetEnt to deliver growth in 2020, supported by our combined game portfolio and Live Casino.” 12th February 2020 | By Daniel O’Boyle Stockholm-listed casino game developer NetEnt’s revenue increased slightly year-on-year to SEK1.79bn in 2019 as the company’s acquisiton of Red Tiger Games helped offset “weakness” in Sweden and Norway, but the supplier’s profit declined. Topics: Casino & games Finance Slots Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter NetEnt profit declines in 2019 despite Red Tiger acquisition Email Address Regions: Europe Nordics Swedenlast_img

I never thought I’d say this about the Lloyds share price, but I’d buy it today!

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Cliff D’Arcy | Monday, 15th June, 2020 | More on: LLOY Enter Your Email Address See all posts by Cliff D’Arcy “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I never thought I’d say this about the Lloyds share price, but I’d buy it today! Not in a million years did I think I would be writing this article. I can’t remember the last time I considered Lloyds Banking Group (LSE: LLOY) as a viable investment. It’s at least four years. Yet today I argue that the Lloyds share price is so low that it’s in the bargain bin.I damaged the Lloyds share priceI played a part in the collapse of Lloyds. I worked in the PPI (payment protection insurance) industry from 1991 to 2002. After leaving, I waged war on PPI from 2003 until the claims deadline on 29 August 2019.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…I was a whistleblower, revealing in hundreds of articles, interviews and broadcasts how problematic PPI was. In 2006, the Office of Fair Trading referred the PPI market to the Competition Commission for investigation. I wrote a lengthy exposé to the Commission, earning me the industry nickname of “The guy who killed PPI”.In the UK’s biggest mis-selling scandal, Lloyds paid out £22bn in PPI compensation, out of a total exceeding £53bn. Ouch!It’s not easy being a bankThe PPI mis-selling scandal and the global financial crisis of 2008/09 that nearly killed Lloyds are ancient history. But the bank faces other difficulties that hurt the Lloyds share price and its profitability.For example, the old rule of retail banking was the ‘3:6:3 rule’. Pay savers 3% yearly interest, charge mortgage borrowers 6% a year and pay golf at 3pm. However, in this age of zero and negative interest rates, lending margins have been destroyed. No more 3% NIMs (net interest margins) for UK banks. Also, coronavirus losses will absolutely annihilate banking profits.Lloyds share price has performed terriblyAny idea how badly the Lloyds share price has done in recent years? Check out this lengthy litany of large losses:Six months: -50.4%One year: -44.9%Two years: -49.5%Three years: -53.8%Five years: -63.4%Owning Lloyds has been disastrous, with the share price halving or worse over four of these five periods. Six months ago, the Lloyds share price hit its 2019/20 high of 73.7p and crashed to a 12-month low of 27.1p on 14 May.Isn’t it time to buy Lloyds?I’ll get to the point: Lloyds has been a dog with fleas since 2007, but how low can it go? Every dog has its day and there must come a time when the Lloyds share price has its day in the sun. Without Covid-19, Lloyds could have enjoyed a wildly profitable 2020, but we’ll never know.I regard today’s Lloyds share price of 31.3p as an option on the bank’s future. There is no dividend and Coronavirus will wipe out earnings in 2020/21. Still, for the price of a packet of crisps, you gain part-ownership of a £22.6bn business.Lloyds is #1 in UK retail banking by a long, long way. It and a supportive Conservative government should make banking profitable again. Otherwise, we may as well all pack up and go home, because capitalism will be dead. The Lloyds share price is depressed today, but it won’t be forever. I’d buy.last_img

Selling domain names for charity

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Selling domain names for charity Howard Lake | 20 April 2001 | News Charitydomains.co.uk is a non-profit making organisation donates at least £1 to charity for each domain name it sells. Charitydomains.co.uk is a non-profit making organisation donates at least £1 to charity for each domain name it sells. The site itself uses the domain name registration services of domain name services company Easily.co.uk. The beneficiary cause is Willow Bank Pre-school.Visit Charitydomains. Read UK Fundraising’s coverage of charity domain name issues. Advertisementcenter_img  8 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img

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