News - Page 120

The latest development in one of the greatest financial mysteries of our time, the Wirecard scandal, is an announcement that the missing money simply may not exist.

Nick Flynn really ought to have tied his shoelaces. His visit to the Fitzwilliam museum would have been markedly different if he had, allowing him to leave with a few postcards instead of causing half a million pounds worth of damage. Then again, some of us learn lessons the hard way.

Following a review of the Labour party’s 2019 election defeat, it has been revealed that a new leader and the end of Brexit as a key election issue will not be enough for the party to win back power.

Dutch detectives believe they have “proof of life” of a Van Gogh painting stolen during lockdown.

In this week's Leaders Council long read, Ross Hindle discusses Google Drive, Dropbox and just why people are scared of the cloud.

Prior to lockdown the most complex element of a trip to Ikea was building the furniture at the other end. Now, with new social distancing measures in place, the reopening of 22 stores across England is more complex than building a Havsta ever was.

Far from being over dramatic, the future of theatres, according to Dominic Cavendish, is bleak. Indeed, in his piece for The Telegraph, Cavendish pulls no punches in his consideration of the situation: “here it is: the feared Doomsday scenario is starting to play out before our eyes.”

Following record amounts of borrowing in May, the UK’s debt is now larger than the economy.

Andy Hunter is the booksellers answer to Midas. Everything he touches turns to gold. At the beginning of the year, Hunter noticed untapped ground – there was no independent platform to retail books from. If one were to exist and could capture the minds and loosen the purse strings of even a handful of Amazon’s customer base, the profits would be considerable indeed.

Oriel College has voted in favour of removing the statue of Cecil Rhodes and will establish an independent inquiry to examine the key issues surrounding it, as a result of the Rhodes Must Fall campaign established four years ago.

The prime minister has announced a £1 billion fund for pupils in England who have missed out on school as a result of the Covid-19 outbreak.

Following the £645 billion already spent by the Bank of England in an attempt to resuscitate the British economy, it has announced it will be spending another £100 billion in bonds to further the investment into quantitative easing.

In the first workshop for No Direction Home, Tom Parry told his cohort: “Don’t try to be funny. Try to be interesting”. In the past 18 months since the group’s foundation, this advice has proved fruitful, as the collective has gone on to grow and thrive.

Leaders in the creative industries have warned of a “cultural catastrophe” following Covid-19.