UK Job losses: Major cuts since the start of the pandemicPA City Staff

Thu, 5 November 2020

At least 4,200 major job redundancies were announced on Thursday as the Covid-19 pandemic continues to ravage the country.

Sainsbury’s said that it would axe 3,500 jobs, while US giant Caterpillar is set to cut 700 jobs in Northern Ireland, according to reports.

Rolls-Royce also plans to cut 1,400 jobs in the UK, however this is part of a 9,000 jobs cut already announced in May

It adds to more than 200,000 job losses since the start of the pandemic.

Here is a list of some of the major British employers that have announced major cuts since the start of the lockdown.

– Major potential job losses announced since March 23: 

Total: 248,385

November 5 – Sainsbury’s – 3,500
November 5 – Caterpillar – 700
November 4 – John Lewis Partnership – 1,500
November 4 – Lloyds – 1,070
October 29 – Pizza Express – 1,300
October 27 – Revolution Bars – 130
October 16 – Pret a Manger – 400
October 15 – Marston’s – 2,150
October 14 – Gourmet Burger Kitchen – 362
October 9 – Edinburgh Woollen Mill – 24,000 at risk
October 8 – National Trust – 1,300
October 8 – HSS Hire – 300
October 7 – Manchester Airport Group – 892
October 7 – Greene King – 800
October 6 – Virgin Money – 400
October 6 – Vp – 150
October 5 – Cineworld – 5,500 (many cuts likely to be temporary)
September 30 – TSB – 900
September 30 – Shell – 9,000 worldwide
September 29 – Ferguson – 1,200
September 22 – Wetherspoon – 400 to 450
September 22 – Whitbread – 6,000
September 18 – Investec – 210
September 15 – Waitrose – 124
September 14 – London City Airport – 239
September 9 – Lloyds Bank – 865
September 9 – Pizza Hut – 450
September 4 – Virgin Atlantic – 1,150
September 3 – Costa – 1,650
August 27 – Pret a Manger – 2,800 (includes 1,000 announced on July 6)
August 26 – Gatwick Airport – 600
August 25 – Co-operative Bank – 350
August 20 – Alexander Dennis – 650
August 18 – Bombardier – 95
August 18 – Marks & Spencer – 7,000
August 14 – Yo! Sushi – 250
August 14 – River Island – 350
August 12 – NatWest – 550
August 11 – InterContinental Hotels – 650 worldwide
August 11 – Debenhams – 2,500
August 7 – Evening Standard – 115
August 6 – Travelex – 1,300
August 6 – Wetherspoons – 110 to 130
August 5 – M&Co – 380
August 5 – Arsenal FC – 55
August 5 – WH Smith – 1,500
August 4 – Dixons Carphone – 800
August 4 – Pizza Express – 1,100 at risk
August 3 – Hays Travel – up to 878
August 3 – DW Sports – 1,700 at risk
July 31 – Byron – 651
July 30 – Pendragon – 1,800
July 29 – Waterstones – unknown number of head office roles
July 28 – Selfridges – 450
July 27 – Oak Furnitureland – 163 at risk
July 23 – Dyson – 600 in UK, 300 overseas
July 22 – Mears – fewer than 200
July 20 – Marks & Spencer – 950 at risk
July 17 – Azzurri Group (owns Zizzi and Ask Italian) – up to 1,200
July 16 – Genting – 1,642 at risk
July 16 – Burberry – 150 in UK, 350 overseas
July 15 – Banks Mining – 250 at risk
July 15 – Buzz Bingo – 573 at risk
July 14 – Vertu – 345
July 14 – DFS – up to 200 at risk
July 9 – General Electric – 369
July 9 – Eurostar – unknown number
July 9 – Boots – 4,000
July 9 – John Lewis – 1,300 at risk
July 9 – Burger King – 1,600 at risk
July 7 – Reach (owns Daily Mirror and Daily Express newspapers) – 550
July 6 – Pret a Manger – 1,000 at risk
July 2 – Casual Dining Group (owns Bella Italia and Cafe Rouge) – 1,909
July 1 – SSP (owns Upper Crust) – 5,000 at risk
July 1 – Arcadia (owns TopShop) – 500
July 1 – Harrods – 700
July 1 – Virgin Money – 300
June 30 – Airbus – 1,700
June 30 – TM Lewin – 600
June 30 – Smiths Group – “some job losses”
June 25 – Royal Mail – 2,000
June 24 – Jet2 – 102
June 24 – Swissport – 4,556
June 24 – Crest Nicholson – 130
June 23 – Shoe Zone – unknown number of jobs in head office
June 19 – Aer Lingus – 500
June 17 – HSBC – unknown number of jobs in UK, 35,000 worldwide
June 15 – Jaguar Land Rover – 1,100
June 15 – Travis Perkins – 2,500
June 12 – Le Pain Quotidien – 200
June 11 – Heathrow – at least 500
June 11 – Bombardier – 600
June 11 – Johnson Matthey – 2,500
June 11 – Centrica – 5,000
June 10 – Quiz – 93
June 10 – The Restaurant Group (owns Frankie and Benny’s) – 3,000
June 10 – Monsoon Accessorise – 545
June 10 – Everest Windows – 188
June 8 – BP – 10,000 worldwide
June 8 – Mulberry – 375
June 5 – Victoria’s Secret – 800 at risk
June 5 – Bentley – 1,000
June 4 – Aston Martin – 500
June 4 – Lookers – 1,500
May 29 – Belfast International Airport – 45
May 28 – Debenhams (in second announcement) – “hundreds” of jobs
May 28 – EasyJet – 4,500 worldwide
May 26 – McLaren – 1,200
May 22 – Carluccio’s – 1,000
May 21 – Clarks – 900
May 20 – Rolls-Royce – 9,000
May 20 – Bovis Homes – unknown number
May 19 – Ovo Energy – 2,600
May 19 – Antler – 164
May 15 – JCB – 950 at risk
May 13 – Tui – 8,000 worldwide
May 12 – Carnival UK (owns P&O Cruises and Cunard) – 450
May 11 – P&O Ferries – 1,100 worldwide
May 5 – Virgin Atlantic – 3,150
May 1 – Ryanair – 3,000 worldwide
April 30 – Oasis Warehouse – 1,800
April 29 – WPP – unknown number
April 28 – British Airways – 12,000
April 23 – Safran Seats – 400
April 23 – Meggitt – 1,800 worldwide
April 21 – Cath Kidston – 900
April 17 – Debenhams – 422
March 31 – Laura Ashley – 268
March 30 – BrightHouse – 2,400 at risk
March 27 – Chiquito – 1,500 at risk.

Rolls-Royce axing nearly 1,400 jobs under major overhaul

Holly Williams, PA Deputy City Editor
Thu, 5 November 2020,



Nearly 1,400 jobs are being cut in the UK and globally at engine maker Rolls-Royce as it continues to swing the axe under a plan to slash its workforce by 9,000.

The Derby-based group confirmed proposals to cut around 1,370 jobs worldwide in its civil aerospace division, with 950 going across its organisational structure, largely affecting managers, and 420 across global facilities.

It said the job losses come as part of the 9,000 revealed in May, over 3,000 of which are in the UK, under a major reorganisation in the face of the pandemic.

Around two-thirds of the firm’s UK employees work in the civil aerospace division, but the group declined to comment on which British sites would feel the brunt of the latest cuts.

The group employs 15,700 civil aerospace staff in the UK, with the division headquartered in Derby and other main locations including Bristol, Solihull and Heathrow.

A Rolls-Royce spokesman said: “The global pandemic has hit our business hard.

“Although we have taken swift action and put many, often painful, mitigation plans in place, we must continue to further reduce our cost base so that we can safeguard the future of Rolls-Royce, return to breakeven and work towards our target of reaching positive cashflow in the second half of 2021.

“We are already undertaking the largest-ever restructuring of our civil aerospace business and have today proposed further measures to protect our business.”

He added: “We have opened up a voluntary severance programme to all civil aerospace employees in the UK.”

Rolls announced a £2 billion investor cash call in October as part of a mammoth package to bolster its balance sheet in the face of the pandemic.

The engine maker announced the rights issue alongside a bond sale to raise at least a further £1 billion, as well as another £2 billion in loan support.

It is also slashing costs across the business to weather the impact on the aerospace sector, which sent it slumping to a £5.4 billion loss in the first half of 2020.

The group, which employs nearly 52,000 globally, had already ditched 4,800 roles by the end of the summer.

And in August, it revealed plans to shut its aerospace factory in Nottinghamshire and merge sites in Lancashire as part of the overhaul.

The firm is planning to close its site in Annesley by the end of 2022 in a move impacting around 120 staff, though the group is hoping most will transfer to its base in Derby.

TikTok denies parent company helps Chinese government spy on and persecute Uighur Muslims


Jon Stone
Thu, 5 November 2020,

TikTok has a Chinese parent company

(Copyright 2020 The Associated Press. All rights reserved)

Social media giant TikTok has denied allegations that its parent company is supplying the China's authoritarian state with surveillance equipment to persecute Uighur Muslims.

Reports dating back to last year accused ByteDance of working with authorities in Xinjiang after it signed a strategic cooperation agreement with the Chinese Ministry of Public Security.

MPs on the House of Commons business committee, who are investigating what role industry has in human rights abuses in the Uighur autonomous region, questioned executives about the issue on Thursday.

Elizabeth Kanter, UK director of government relations and public policy at TikTok, told MPs: "Because of the seriousness of the allegation, I've spoken to colleagues who run the douyin app in China and I can unequivocally deny the allegations against the company.

"ByteDance Ltd nor any of its subsidiaries produce, operate or disseminate any sort of surveillance equipment.

"The company does not have any personnel related to surveillance, so those allegations are false. I was first made aware of the allegations when I read the reports and saw the statements you have made."

TikTok is one of the world's fastest growing social networks has in October surpassed over two billion mobile downloads worldwide. It is the international version of Douyin, a Chinese app with similar functionality that was first released in 2016.

The app, on which users share short videos set to music, has faced criticising in the past for allegedly censoring political content – though the firm denies this is its policy and has attributed high-profile instances of content being delete to errors by its moderators.

US president Donald Trump has said he will ban the app, and it has also been restricted in India in the context of a border dispute between the Indian and Chinese governments.

At the same committee hearing MPs also grilled representatives of clothing retailers on what they were doing to prevent cotton or fabric produced with forced labour of Uighur Muslims from entering their supply chains.

Andrew Reaney, group director of responsible sourcing at online clothes store Boohoo, said the firm was "shocked" at the allegations.

"Our Boohoo code of conduct explicitly prohibits any bonded, forced or involuntary labour in any part of our supply chain," he said.


"We were quite shocked by the revelations around the Uighurs and what's happening in the Xinjiang province.

"One of the things we did was, we wrote to all our suppliers across the supply chain to confirm that we have no manufacturing or fabric links to that particular region.

"That was done and all of our suppliers confirmed that they have no manufacturing or fabric links to that region."

Human rights groups have accused China of mass detention, surveillance and reeducation of Uighur Muslims in the Xinjiang Uighur Autonomous Region (XUAR), with higher estimates claiming as many one million people have been directly persecuted. China denies some of the allegations and says it operates a targeted programme to root out political extremism.

Read more

TikTok will now tell you exactly why your video has been removed

Boohoo, Nike and H&M deny Uighur forced labour in supply chains

Henry Saker-Clark, PA City Reporter
Thu, 5 November 2020

Fashion brands including Boohoo and Nike have denied the use of suppliers or manufacturing in the Xinjiang region of China as they expressed “shock” surrounding allegations regarding the forced labour of Uighur Muslims.

The brands and retailers, which also included H&M and North Face-owner VF, were brought before MPs at the Business, Energy and Industry Strategy (BEIS) committee to address reports that products involving Uighur slave labour could be sold to UK consumers.

Andrew Reaney, group director of responsible sourcing at Boohoo, told MPs at the BEIS select committee that the online retailer was “shocked” by reports regarding the forced labour of Uighur Muslims.

He said: “We were quite shocked by the revelations around the Uighurs and what’s happening in the Xinjiang province.

“We wrote to all our suppliers across the supply chain to confirm that we have no manufacturing or fabric links to that particular region.

“That was done and all of our suppliers confirmed that they have no manufacturing or fabric links to that region.”

Mr Reaney stressed that the online retailer does “not knowingly source any yarn or fabric” from the region, as MPs questioned auditing processes at the business following a row over working conditions in its UK supply chain.

Last month, the company published its full report by Alison Levitt QC, which identified “many failings” but freed it from allegations of deliberately allowing poor conditions and low pay for garment workers.

“It’s a matter of regret from the organisation that we obviously didn’t move as fast as we could have,” Mr Reaney said.

“The purpose of being here today and the Levitt report is to demonstrate our sincerity and commitment to absolute 100% supply chain transparency, irrespective of the source and region, whether its Leicester or whether its China.”

David Savman, head of supply chain at H&M, said the Swedish-based retail group worked with accreditation groups for its supply chain which no longer use cotton from the region following the allegations.

“When these serious allegations came up we made investigations into all of our suppliers,” he told MPs.

“We didn’t find any proof of any breach of our sustainability commitments, where we have very clear guidance of how our ethical processes should happen.”

Later in the committee session, Jaycee Pribulsky, vice president of global footwear sourcing and manufacturing at Nike, said the US group was “deeply concerned” regarding the situation in the Chinese region.

She told MPs: “Nike does not source any raw cotton. And regarding Xinjiang, Nike has confirmed with its suppliers that there are no spun yarns or textiles manufactured in the area in our products.”

CRIMINAL CAPITALI$M
US seizes $1 bn in bitcoin connected to Silk Road

Thu, 5 November 2020

The US Justice Department said the bitcoin was hacked by 'Individual X' from Silk Road


The US has seized more than $1 billion worth of bitcoin connected to the Silk Road criminal syndicate, the Justice Department announced Thursday.

The funds were taken by law enforcement on Tuesday after being traced to a bitcoin address by an unnamed "Individual X," according to a US Department of Justice press release.

"It was further determined that Individual X had hacked the funds from Silk Road," the DOJ said.

The DOJ said it filed a civil complaint that the funds are subject to forefeiture, adding that it expects to prove the case to the court.

"Silk Road was the most notorious online criminal marketplace of its day," said US Attorney Kelly Anderson of the Northern District of California.

"The successful prosecution of Silk Road's founder in 2015 left open a billion-dollar question. Where did the money go? Today's forfeiture complaint answers this open question at least in part. $1 billion of these criminal proceeds are now in the United States' possession."

In 2015, Ross Ulbricht was sentenced to life in prison after being convicted of masterminding the criminal website Silk Road, which sold $200 million in drugs to customers worldwide.

Ulbricht, who ran Silk Road under the alias "Dread Pirate Roberts" and was accused of commissioning five murders at a cost of $650,000, was sentenced to two life sentences for narcotics distribution and criminal enterprise.

Don't become a pilot as there are no jobs just huge debts, says union

Gwyn Topham Transport correspondent
Thu, 5 November 2020,
   

Photograph: Thomas_EyeDesign/Getty Images

The pilots union, Balpa, has warned prospective pilots from starting any training courses, saying they would be left with huge debts and no prospect of employment.

Trainee pilots could end up owing more than £100,000 and would not find a job to pay back loans, the union said.

About 200 trainee pilots in UK flight schools who were set for jobs with easyJet have already had their conditional offers of employment withdrawn, after the airline looked to cut hundreds of pilot jobs in the summer as the effects of Covid-19 battered the industry.

Balpa said it was an extraordinary step for them to issue the warning, but it would be irresponsible not to act.

Wendy Pursey, its head of membership and careers, said there were about 10,000 unemployed commercial pilots across Europe, including 1,600 in the UK, while many others were working part-time or on reduced pay. The easyJet trainees now had “no clear route to even a licence, far less a job”, she said.

Others attempting to enter the aviation industry have been hard hit, including 122 trainee air traffic controllers at Nats being laid off before gaining a licence.

The difficulties were underlined by British Airways telling staff on Thursday that many more of them would be placed on furlough, as the airline scales back flights through November. Its few remaining long-haul services from Gatwick will be suspended.

Under the lockdown rules that came into effect on Thursday, all holiday or leisure travel is banned with fines for breaches starting at £200.

A BA spokeswoman said the airline had been “urgently reviewing” its schedule but would be operating flights to “bring home thousands of customers currently abroad, and ensuring people who are permitted to travel in and out of the UK can continue to do so.”

The industry body Airlines UK said the extension of the furlough scheme, which announced on Thursday, was welcome but warned that carriers would “urgently need access to further liquidity measures to shore up their balance sheets”, with more flights grounded. EasyJet confirmed it had had talks with the German government about available support measures, but denied it had made a formal request for funds.

Bombardier CEO expects layoffs, capacity cuts after earnings miss

Allison Lampert and Sanjana Shivdas
Thu, 5 November 2020

FILE PHOTO: 

Bombardier's logo is seen on the building of the company's service centre at Biggin Hill


By Allison Lampert and Sanjana Shivdas

(Reuters) - Bombardier's <BBDb.TO> chief executive on Thursday said he expects layoffs as part of broader plans to cut excess capacity, after the plane-and-train maker missed on quarterly operating profits earlier in the day due to the coronavirus pandemic.

Bombardier is working on plans to cut costs and capacity as the company sheds assets, including its rail division to French train maker Alstom SA <ALSO.PA>, to become a pure-play business jet maker.

"In the weeks to come we will decide all the initiatives we need to do to reduce our cost base," Martel told reporters.

"It's sure there will be layoffs that will come with this."

Martel also said the company is cooperating with an investigation opened by the U.K. Serious Fraud Office in connection with a near decade-old sale of aircraft to Indonesian carrier Garuda.

Bombardier said deliveries of its Global 7500, which lists for around $73 million (£56 million) each, would rise to 12 jets during the last three months of 2020, up from eight during the third quarter.

Bombardier said free cash flow usage was $706 million during the quarter, and it aims to break even during the second half of 2020.

While corporate aircraft deliveries are expected to decline industry-wide by 30% in 2020 due to the pandemic, plane makers see revived activity, including a rebound in private flights.

Martel sees improved order activity for Bombardier's mid-sized Challenger business aircraft, although pricing on large cabin jets "is actually a little bit lower this year" because plane makers had surplus inventory when the pandemic hit.

Corporate jet deliveries fell to 24 units in the quarter from 31 a year earlier. But revenue from business aircraft rose about 10% since higher-priced Global 7500s made up a third of deliveries.

Bombardier's margins and earnings before interest, taxes, depreciation and amortization (EBITDA) took a hit on higher initial production costs for the Global 7500 jets and lower deliveries.

Bombardier reported adjusted EBITDA of $176 million for the quarter ended Sept. 30, compared with $255 million a year earlier.

Analysts on average were expecting EBITDA to be $179.8 million, according to Refinitiv data.

Bombardier stock was flat in afternoon trading.

(Reporting by Allison Lampert in Montreal and Sanjana Shivdas in Bengaluru; Editing by Aditya Soni, Anil D'Silva and Jonathan Oatis)

CRIMINAL CAPITALI$M
Canada's Bombardier faces UK bribery probe; shares fall

By Kirstin Ridley, Allison Lamper

(Reuters) - The UK Serious Fraud Office announced on Thursday it was investigating Canadian industrial group Bombardier BBDb.TO over suspected bribery in airplane sales to Garuda Indonesia GIAA.JK, widening a global anti-corruption drive in aerospace.



FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland February 28, 2019. REUTERS/Arnd Wiegmann

The plane and train maker is the latest aerospace group to face scrutiny over the use of middlemen after authorities struck a record bribery settlement with Europe's Airbus in January and a 2017 plea deal with British engine maker Rolls-Royce RR.L

Both settlements involved sales of planes or engines to Garuda and airlines in other countries.

“The SFO is investigating Bombardier Inc over suspected bribery and corruption in relation to contracts and/or orders from Garuda Indonesia,” the agency said on Thursday.

“As this is a live investigation, the SFO can provide no further comment,” it added.

Garuda did not immediately respond to a request for comment.

In Montreal, Bombardier said it had been informed about the SFO probe several weeks ago and would cooperate. It has appointed external lawyers to run an internal review.

Shares in the company, which also reported results on Thursday, fell more than 3% after the SFO’s announcement. In afternoon trade they were down about 1.7%..

At the centre of the case, Bombardier said, are five procurement processes involving different manufacturers, including the 2011-2012 acquisition and lease of Bombardier CRJ1000 regional aircraft by Garuda.

Bombardier, which has undergone several changes of leadership after costly industrial bets in the past decade, said the SFO was investigating the same transactions that led to the former CEO of Garuda Indonesia being convicted in May.

An Indonesian court in May handed Emirsyah Satar, Garuda chief executive from 2005 to 2014, an eight-year jail sentence for bribery and money-laundering related to procurement of planes and engines from Airbus AIR.PA and Rolls-Royce RR.L.

In 2017, Rolls-Royce agreed to pay more than $800 million to defer charges after an investigation by the SFO and U.S. Justice Department into alleged bribery of officials in six countries.

Airbus in February agreed to pay a record $4 billion in fines after reaching a plea bargain with prosecutors in Britain, France and United States over alleged bribery and corruption stretching back at least 15 years.

SFO APPROACHED BOMBARDIER

Under a system of deferred prosecution agreements available to the SFO, companies may be offered the chance to settle cases with a fine and escape corporate criminal charges by helping to investigate themselves and undergoing radical interal changes.

Bombardier Chief Executive Eric Martel, who started his role in April, told reporters the SFO had reached out to the Canadian company a few weeks ago.

“We were not aware of any issue internally,” he said.

Companies can win credit for bringing potential wrongdoing to the attention of authorities themselves, though Rolls-Royce avoided a larger fine by showing what a judge described as “extraordinary” co-operation after being approached by the SFO.

Airbus has undergone a radical overhaul of its top ranks since reporting itself to the SFO in 2016. The four-year probe however weighed on sales and relationships with airlines and led to in-fighting over who should carry the blame for using agents.

Bombardier has already undergone significant upheaval since 2015 while trying to bring a larger narrowbody jet to market.

It completed an exit from commercial aviation this year by completing the sale of its money-losing regional jet business to Japan’s Mitsubishi Heavy Industries to focus on more profitable business jets.


Reporting by Yadarisa Shabong in Bengaluru, Kirstin Ridley in London, Allison Lampert in Montreal, Tim Hepher in Paris; Writing by KirstinRidley and Tim Hpher; Editing by Sriraj Kalluvila, Emelia Sithole-Matarise and David Gregorio

CRIMINAL CAPITALI$M

Former BHS owner Dominic Chappell jailed for tax evasion
BY THEINDUSTRY.FASHION
-5TH NOVEMBER 2020

Dominic Chappell outside court

Former BHS owner Dominic Chappell has been jailed for evading more than half a million pounds in taxes on income from his £1 deal to buy the failed high street chain.

The 53-year-old’s offending was an “egregious example” of cheating the public revenue, Southwark Crown Court heard, with the businessman spending a fortune on a luxury lifestyle.

He was jailed for six years for evading VAT, corporation tax and income tax owed on his £2.2 million income from the BHS deal.

His lawyers claimed he became, and still is, “utterly broke” because BHS’s hugely underfunded “pension problem exploded” within two weeks of him controversially buying BHS from retail tycoon Sir Philip Green in 2015.

Rejecting his defence team’s suggestion that, had BHS not failed, he would have had the funds to pay his tax liability, a jury found Chappell guilty of dishonesty after deliberations over three days.

He had denied three charges of cheating the public revenue between January 2014 and September 2016, related to his bankrupt finance company Swiss Rock Limited.

Mr Justice Bryan said Chappell had engaged in a “long and consistent course of conduct designed to cheat the revenue” and that his actions “over a substantial period of time is an egregious example of such offending”.

He said Chappell had “cynically allowed Swiss Rock as a limited liability company to go to the wall, like many others before it, in the hope that HMRC would whistle in the wind for the outstanding tax”.

The judge said not paying VAT or corporation tax, taking receipts out of the company and then putting it into liquidation was “one of the oldest tricks in the book”.

The judge gave the total figure lost to HMRC in unpaid taxes as £583,739.20, and told Chappell his crimes were so serious that “only an immediate custodial sentence is appropriate”.

Chappell, wearing a light-coloured shirt, blue suit jacket, jeans and blue, white and orange trainers stood as he was sentenced and had no reaction as he was led, carrying a holdall, from the dock by a prison officer.

The businessman, of Blandford Forum, Dorset, had claimed to be “simply too busy” to sort out his business dealings properly and said he was “let down by others”.

But the judge said: “You were not overwhelmed by your other pressures, and you were not too busy or under too much pressure to spare the time to buy yourself trappings of luxury with monies that would have been better deployed to pay the taxes due.”

He added: “You did not pay your tax. Instead you holidayed in the Bahamas over the Christmas period on a yacht that was purchased in your name.”

The court heard that in an email at that time, Chappell had said: “I am having to slum it in the Bahamas for the next three weeks. I know you will all feel my pain.”

The judge said on his return from the holiday, and a day after income tax should have been paid, Chappell had bought a £91,000 Bentley Continental as well as a pair of Beretta guns for £11,000. He later bought a £33,000 Land Rover.

BHS was losing £1 million a week and had a £250m-£500m pension deficit when Chappell’s consortium bought it in 2015.

It limped on before collapsing and causing the loss of 11,000 jobs in April 2016.



With the benefit of hindsight, Chappell told the jury the BHS deal was “a life-changing catastrophe” and he should “never have touched it with a barge pole”.

He added: “This catastrophe has cost me my marriage, my money and my reputation.”

During his evidence, Chappell repeatedly said he is “not an accountant” and was relying on the advice of his professional financial experts to deal with the situation as he was “firefighting” the pending collapse of BHS.

Chappell claimed that BHS was forced into liquidation because of the actions of Sir Philip in reneging on promises of financial support for the pension fund and going back on a promise to provide working capital to BHS after the sale.

But the judge told him despite being left “penniless and owing millions to The Pension Regulator” Chappell could not “lay all the blame for that at the door of others including Sir Philip Green”.

He said: “It is you, not anyone else, who has ruined your reputation by your offending, however much the actions of others may have damaged you financially.”

Following the verdict, Andrew Fox, of the Crown Prosecution Service, said: “Using evidence gathered by HMRC we were able to show the jury that Chappell simply chose not to pay large amounts of tax which were due and, as a result, they were sure that he had acted dishonestly.”

Simon York, director of the fraud investigation service at HMRC, said: “This was deliberate theft from UK citizens.

“Chappell was a high-profile businessman who knew tax had to be paid on his income and profits but chose not to do so.

“That’s money that should have been supporting our vital public services instead of funding his lavish lifestyle.”

In November 2019 Chappell was banned from running a company for 10 years, with the Government’s Insolvency Service saying he had carried out “reckless financial transactions” and “failed to maintain adequate company records”.

And in January this year he was ordered by The Pensions Regulator to pay £9.5 million into BHS’s pension schemes.

Reporting: PA 

Ancient burial hints that prehistoric women may have hunted as much as men
PTI

LOS ANGELES, NOVEMBER 05, 2020




Illustration of female hunter depicting hunters who may have appeared in the Andes 9,000 years ago. | Photo Credit: Matthew Verdolivo/UC Davis IET Academic Technology Services


Scientists have unearthed a 9,000-year-old female hunter burial in the Andes Mountains of South America which counters the long-held belief that when early human groups sought food, men hunted and women gathered.

“An archaeological discovery and analysis of early burial practices overturns the long-held ‘man-the-hunter’ hypothesis,” said Randy Haas, lead author of the study from the University of California (UC), Davis in the U.S.


The researchers believe the findings, published in the journal Science Advances, are particularly timely in light of contemporary conversations surrounding gendered labour practices and inequality.

Sexual division of labour

“Labour practices among recent hunter-gatherer societies are highly gendered, which might lead some to believe that sexist inequalities in things like pay or rank are somehow ‘natural’,” Haas said. “But it’s now clear that sexual division of labour was fundamentally different — likely more equitable — in our species’ deep hunter-gatherer past.”

In 2018, during archaeological excavations at a high-altitude site called Wilamaya Patjxa in what is now Peru, the researchers found an early burial that contained a hunting toolkit with projectile points and animal-processing tools. They said the objects accompanying people in death tended to be those that accompanied them in life. Based on an analysis of the bones and dental proteins, the study found that the hunter was likely female.


This illustration from the study shows tools recovered from the burial pit floor including projectile points (1 to 7), unmodified flakes (8 to 10), retouched flakes (11 to 13), a possible backed knife (14), thumbnail scrapers (15 and 16), scrapers/choppers (17 to 19), burnishing stones (17, 20, and 21), and red ocher nodules (22 to 24). | Photo Credit: Randy Haas/UC Davis

From further examination of records of ancient burials throughout North and South America, the researchers identified 429 individuals from 107 sites. Of those, they said 27 individuals were associated with big-game hunting tools of whom 11 were female and 15 were male.

The scientists believe this sample is sufficient to “warrant the conclusion that female participation in early big-game hunting was likely non-trivial”. They also found that somewhere between 30% to 50% of hunters in these populations were female.

According to the researchers, this level of participation stands in stark contrast to recent hunter-gatherers, and even farming and capitalist societies, where hunting is a decidedly male activity with low levels of female participation, “certainly under 30%.”

In future studies, the scientists hope to understand how the consequences of sexual division of labour changed in different times and places among the hunter-gatherer populations of the continent.