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Tesco to pay £129m fine for false accounting scandal

first_imgTesco has agreed to pay a £129m fine for false accounting, rather than face prosecution.The retailer has reached a Deferred Prosecution Agreement (DPA) with the UK Serious Fraud Office (SFO) regarding its historic accounting practices in 2014, when it overstated its expected profit.Under the DPA – which relates to false accounting by Tesco Stores Limited between February 2014 and September 2014 – Tesco will not be prosecuted as long as it fulfils requirements including paying a £129m financial penalty.The proposed DPA was the subject of a preliminary court ruling yesterday (28 March), with the SFO and Tesco seeking final judicial approval to the DPA from the court next month.Tesco said it has fully cooperated with the SFO investigation and undertaken an “extensive programme of change”. This includes changes to leadership, structures, financial controls, partnerships with suppliers, and the way the business buys and sells. “Over the last two-and-a-half years, we have fully cooperated with this investigation into historic accounting practices, while at the same time fundamentally transforming our business,” said Tesco Group CEO Dave Lewis. “We sincerely regret the issues which occurred in 2014 and we are committed to doing everything we can to continue to restore trust in our business and brand.”Tesco PLC also announced it has agreed with the UK Financial Conduct Authority (FCA) to a finding of market abuse in relation to its trading statement on 29 August 2014 that overstated it expected profits.The FCA stated it was not suggesting that the Tesco PLC board of directors knew, or could reasonably be expected to have known, that the information contained in that trading statement was false or misleading.Tesco PLC has agreed with the FCA to compensate certain purchasers of Tesco ordinary shares and listed bonds who purchased those securities for cash between 29 August 2014 and 19 September 2014.There is no penalty being levied by the FCA on Tesco.last_img read more

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Project D doughnut deliveries go nationwide

first_imgSource: Project DDerby-based doughnut specialist Project D is rolling out nationwide delivery of its products.The handcrafted premium doughnuts are sent via DPD’s next-day service and packaged in corrugated cardboard boxes with six individual sections to protect them during transit.The items are baked overnight for delivery the next day to ensure they are fresh, Project D said.“We want as many people as possible to enjoy our handcrafted doughnuts,” said Project D director Max Poynton. “We’ve put a lot of thought and time into this to ensure the doughnuts are fresh and in supreme condition on arrival.”Project D has undergone expansion in recent months, with the addition of a new 11,000 sq ft production bakery in Derby in December. This followed the opening of a distribution centre in Leeds last October.  Source: Project DThe business took the decision to move to online trade last year in response to the Covid-19 pandemic and last month began accepting payment via cryptocurrencies including Bitcoin.“Lockdown has pushed us to devise new ways to get our products out there,” Poynton said. “It has been incredible and we’re very excited to take the next big step onto the national stage.”A number of craft bakeries have rolled out nationwide delivery during the pandemic to tap into demand beyond their local base. “We know we will be in competition with some really big baking names – but we know our doughnuts are a cut above the rest and we’re looking forward to sharing the Project D love with an even bigger audience,” Poynton added.last_img read more

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16 Elephant ears

first_imgElephant ears are the common name for two plant groups, or genera: Alocasia and Colocasia. Elephant ear is the common name for Alocasia, and Colocasia is commonly known as Taro. But both groups are widely called elephant ears.Both groups are evergreen perennial plants found in tropical forests in sunny open places or shaded, usually damp sites. Both belong to the Araceae family, originating from South and Southeast Asia.Interest in these tropical plants is resurging in the ornamental market, with a growing variety of species and cultivars offered. New breeding and selection efforts have brought small and giant habits, spotted and cup-shaped leaves and pink, red, purple and black petioles, stems and blooms.Great for GeorgiaBoth plant groups are excellent for Georgia landscapes. They’re easy to become established and grow in under a wide range of soil and moisture conditions. They’re resistant to deer, too.They grow mainly from rhizomes, or horizontal, underground stems that often send out roots and shoots from their nodes. Some grow from tuberous roots. They’re all easily propagated by dividing the root ball, rhizomes or tubers.Many species are root-hardy to Zone 8 and some even to Zone 7. For the rest, you can dig up the rhizomes after the first light frost and store them in a dry, dark place that’s cool but above 45 degrees.The leaves of both groups are medium to large and arrow-shaped, with strong veins and fleshy petioles.The inflorescence, or flowering part, has two main sections. A single bract, called a spathe, forms a shielding shell or hood for a stalk called a spadix. The spadix bears the actual flowers and later the fruit and seeds. Depending on the species, the spathe and spadix may be white to cream-colored, or tan, yellow or burgundy.Alocasias bloom year-round and produce several blooms per plant at any time. Colocasias are more reluctant bloomers.Which is which?Since alocasias and colocasias look alike, one is often mistaken for the other. But alocasias have thicker leaves that are often held upright, with petioles attached at the leaf margins. They like to be kept dry and usually need some shade.Colocasias have thinner, papery leaves that are held perpendicular, with petioles attached in the middle of the leaf. (The botanical term is “peltate.”) They like to be kept wet and prefer full sunlight.Both groups have both green and dark species and cultivars. The green plants generally need full sun and more water but can take more abuse. The purple plants, also called African masks, need partial shade and do best if kept on the dry side. They’re more finicky than the green plants.Handling the plants may cause skin irritation or an allergic reaction, so use protective gloves when you’re planting them or trimming leaves or flowers.Use some of these amazing plants to bring the feel of a tropical retreat into your summer landscape. Plant an alocasia or colocasia — an elephant ear — this summer, and catch the tropical wave.(Bodie Pennisi is a Cooperative Extension floriculture specialist with the University of Georgia College of Agricultural and Environmental Sciences.) By Bodie V. PennisiUniversity of GeorgiaTropical plants are making a tremendous splash in landscapes and home gardens across Georgia. And few plants give a tropical flavor quite as well as an elephant ear. Volume XXXIINumber 1Page 16last_img read more

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Doctors in Australia Urge Transition From Coal

first_imgDoctors in Australia Urge Transition From Coal FacebookTwitterLinkedInEmailPrint分享Tom Arup for The Age (Australia):More than 300 doctors and other medical professionals have signed an open letter demanding the state government develop a plan to retire the Latrobe Valley’s brown coal power plants because of the health damage they cause in the local community.The letter, organised by the group Doctors for the Environment Australia, argues a transition away from brown coal-fired power – responsible for 85 per cent of Victoria’s electricity generation – is necessary because its pollution is responsible for local disease, and even death, and poses a broader health threat through a contribution to climate change.The letter is an attempt to heap pressure on the Andrews government to include measures to start retiring the valley’s four brown coal plants as part of its promised state renewable energy plan, which is expected to be released in coming weeks.Dr John Iser, the Victorian chair of Doctors for the Environment and a retired gastroenterologist, said the state government had carried out “commendable” work to inform its clean-energy strategy, but it was still “paper planning” and the doctors group was “getting fed up with the lack of action.”Economic modelling commissioned by the Andrews government as part of the development of the renewables plan has looked at options to ease “barriers to exit” for coal plants from the oversupplied energy market, along with ways to support new clean-energy projects.The results of the modelling, which was carried out by Ernst & Young, has been closely guarded by the government.An earlier issues paper, obtained by Fairfax Media, outlined numerous policy options the modelling would examine, including emissions or age standards for power plants, trading schemes and even a levy on coal royalties paid by the generators.But it also states that none of the options being modelled are necessarily supported by the government. Energy Minister Lily D’Ambrosio confirmed the government was looking at “barriers that generators face to exit the market”, as was the state and federal energy council.The letter points to past research linking coal-fired electricity to cardiovascular, respiratory and neurological diseases, as well as lung cancers, through their generation of local air pollutants.It also references a paper by researchers at Harvard last year that implied pollution from the Hazelwood power plant was responsible for 18 deaths a year in Gippsland, about 1 per cent of the regional total. The letter concedes that sudden, unplanned closures of power plants would also have negative health effects due to job losses and social upheaval. It calls for the state government to develop with the Latrobe Valley community an “economically just and planned” transition plan away from coal.Full article: Doctors call for brown coal power shutdown plan in the Latrobe Valleylast_img read more

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Blood Mountain on the Appalachian Trail

first_imgIf you are like me, you spent the Fourth of July holiday celebrating all that is America by saluting our flag, thanking our veterans, and pigging out at a backyard barbeque. Sure, you may have worked in the casual volleyball or cornhole game, but that isn’t going to burn off the calories of that hotdog-eating contest with cousin Larry or Aunt Sally’s 17-layer dip. Time to get back on the horse, and that means taking a hike. Nothing captures the spirit of the American can-do attitude like the Appalachian Trail, so bring those good Independence Day vibes full circle by taking a day hike on the quintessential American footpath.The Appalachian Trail begins in Georgia, so there is no better place to check out the trail. Take this 6-mile moderate loop hike to the summit of Blood Mountain, the highest point on the A.T. in the state.Directions: Begin at the Byron Herbert Reece Parking area north of Neels Gap off Highway 19. The parking area is a half-mile north of the Walasi-YI Center, a good place to stop and get any extra provisions you may need.Take the trail from the parking area southwest where you will cross the A.T. after about a mile of steep trail. Continue southwest on the Freeman Trail which follows the south side of the mountain for two miles before intersecting the AT again at Bird Gap. Go right (northeast) on the A.T. to reach the 4,461 foot summit of Blood Mountain. Follow the white blazes across the top of the mountain taking in the panoramic views of Brasstown Bald and Lake Burton before taking the side trail to the Freeman Trail and back to the parking lot.The Blood Mountain shelter at the summit is one of the oldest on the AT (built in 1934) so be sure to stick your head inside before heading back down.View Larger Maplast_img read more

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Tioga County ASAP holds virtual family scavenger hunt

first_img(WBNG) — Staff at Tioga County Allies in Substance Abuse Prevention says they are looking for ways to continue engaging with families despite the COVID-19 crisis. On Saturday, that came in the form of a virtual scavenger hunt over Zoom. “Just as much as it’s important for us to continue engaging with families, it’s important for them to continue engaging with us,” said Jenna Layton, co-coordinator of Tioga County ASAP. “Just doing one activity a week can really lower the risks or the chances that your child may experiment or get into alcohol and other drugs,” she said. “We’re really encouraging you to have those open conversations with your kiddo, and part of that is building a relationship and becoming closer.” “It’s very limited what you can do and where you can do it, and the kids are always bored. You know you can only push that homework so many times,” she said. “We create a list of about twenty items — some of the items may be in the front yard, some in the backyard or anywhere around the house,” she said. “We give them two minutes to come back on with that item, and the first family to get it gets two points.” For parents like Wendy McClore of Barton, she says she’s able to spend plenty of time with her kids during the crisis, but finding activities to do together is another story. “I think it’s a trying time for children right now because they’re so used to being occupied at school and seeing their friends and right now I’m their only friend so It’s important to let them know that I can be a cool friend too.” “They enjoyed doing it and we worked well as a team,” she said, adding that she was grateful for the opportunity to have some fun with her kids. That’s why Layton says she and her fellow staff members came up with the idea for the scavenger hunt. McClore said the activity was a hit in her house. She says it’s part of an initiative called Parenting to Prevent.last_img read more

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Gabriel Martinelli hopes to play alongside Bukayo Saka for many years at Arsenal

first_imgMartinelli has been excellent this season (Picture: Getty)Arsenal are on just their third winning run in the league this season after wins over Southampton and Norwich and take on Wolves on Saturday evening.‘It’s as if we are a family and everyone is united,’ Martinelli said. ‘Everyone chats to everyone and you have players like (Pierre-Emerick) Aubameyang or (Alexandre) Lacazette, who are top footballers, but they’re great people as well.‘Emi Martinez and David Luiz as well. I can’t thank them enough for helping me settle in and I’m grateful to God for this opportunity.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘[Mikel Arteta] helped me so much since he took over. As I’ve said before, when the ball is in midfield, I have to shape my body correctly to head towards goal.‘He’s helped me in many areas, so I think he’ll be very important in terms of my development at Arsenal. ‘I hope to contribute with lots of goals, assists, good performances and results for the club.’MORE: Wout Weghorst responds to Arsenal transfer speculationMORE: Mikel Arteta vows to address David Luiz’s ‘weaknesses’ as he hails influence of Arsenal defenderFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page. Advertisement Martinelli and Saka both signed new deals (Picture: Getty)Gabriel Martinelli admitted he was delighted to follow in the footsteps of Bukayo Saka and sign a new long-term deal with Arsenal.Arsenal finally secured the future of Saka this week after months of talks and Gunners fans were given another treat when 19-year-old put pen to paper on a new contract on Friday.Martinelli is hopeful he and 18-year-old Saka can play together at Arsenal for many years to come.He said: ‘Congratulations to Bukayo on his new deal. He’s a fantastic guy who deserves so much. ADVERTISEMENT‘We chat and have a laugh together every day, so hopefully we can enjoy plenty of success going forward with Arsenal.’AdvertisementAdvertisementMartinelli and Saka have been two bright sparks in another frustrating season for Arsenal, but the Brazilian striker said the squad remain united. Comment Coral BarrySaturday 4 Jul 2020 2:18 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link814Shares Advertisement Gabriel Martinelli hopes to play alongside Bukayo Saka for many years at Arsenallast_img read more

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Governor Wolf to Examine Overhaul of Pennsylvania’s Professional Licensing System

first_imgGovernor Wolf to Examine Overhaul of Pennsylvania’s Professional Licensing System Efficiency,  Government That Works,  Jobs That Pay,  Press Release Harrisburg, PA – Governor Tom Wolf has signed an executive order to begin a review of the commonwealth’s professional licenses to benchmark Pennsylvania’s licensing requirements against national and regional averages. The review will ensure that professional licenses are free from unnecessary barriers to opportunity from excessive licensing requirements, fees and policies that unnecessarily block hardworking Pennsylvanians from the career of their choice, while also protecting against public harm.“Requiring a license to work in certain jobs helps to keep all of us safe, but those requirements should be fair relative to other states in our region and across the country,” said Governor Tom Wolf. “Overly burdensome requirements and fees can block some workers – especially minorities or spouses in military families who move frequently – from starting a career and supporting their families.”“With this executive order, I am tasking the Commissioner of the Bureau of Professional and Occupational Affairs within the Pennsylvania Department of State. The commissioner will work with the various licensing boards and commissions to give them the tools they need to more efficiently regulate their industry.”The commissioner will partner with the 29 boards and commissions in Pennsylvania to study each board’s licensing process, fees, training and continuing education requirements. The commissioners will prepare a report comparing Pennsylvania’s requirements with other states in our region and across the nation and include any reciprocity agreements with other states.The Bureau of Professional and Occupational Affairs within the Pennsylvania Department of State provides administrative and legal support to professional and occupational licensing boards and commissions. Approximately 20 percent of Pennsylvania workers need a license to do their job. The share of workers with an occupational license has grown rapidly since the 1950s.“We need to find the right balances in our licensing requirements so talented and skilled workers can do their jobs and support our economy as we continue to attract business to Pennsylvania and develop a strong workforce,” said Governor Wolf. “Looking for ways to modernize our licensing process for workers is an important part of that process.”The boards and commissions included in the executive order are the State Board of Accountancy, the State Architects Licensure Board, the State Board of Auctioneer Examiners, the State Board of Barber Examiners, the State Board of Certified Real Estate Appraisers, the State Board of Chiropractic, the State Board of Cosmetology, the State Board of Crane Operators, the State Board of Dentistry, the State Board for Professional Engineers, Land Surveyors, and Geologists, the State Board of Funeral Directors, the State Board of Landscape Architects, the State Board of Massage Therapy, the State Board of Medicine, the State Board of Nursing, the State Board of Nursing Home Administrators, the State Board of Occupational Therapy, the State Board of Optometry, the State Board of Osteopathic Medicine, the State Board of Pharmacy, the State Board of Physical Therapy, the State Board of Podiatry, the State Board of Psychology, the State Board of Social Workers, Marriage and Family Therapists, and Professional Counselors, the State Board of Speech-Language Pathology and Audiology, the State Board of Vehicle Manufacturers, Dealers, and Salespersons, the Navigation Commission, and the Real Estate Commission.The commissioner’s findings will be submitted to the governor within seven months from the effective date of the order. October 25, 2017center_img SHARE Email Facebook Twitterlast_img read more

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Ireland line up Georgia friendly

first_img Ireland, who travel to Sweden and then host Austria later this month in a double-header which could go a long way to determining their fate, will hope to head into the summer having taken a maximum six points from the Faroes following a 4-1 win in Torshavn in October – four days after their 6-1 humiliation at the hands of Germany. Press Association Ireland will face Georgia in a friendly in Dublin as they prepare for their World Cup qualifier against the Faroe Islands in June.center_img The Georgians will head for the Aviva Stadium on June 2, four days after Giovanni Trapattoni’s men play England at Wembley. Trapattoni will use the fixture to finalise his preparations for the home game against the Faroes on June 7. last_img read more

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Moyes welcomes Mourinho mind games

first_img However, Van Persie then admitted he had not spoken to Fabregas about the situation, which has become more complicated due to the decision of Tito Vilanova to stand down as Barcelona manager because of ongoing cancer treatment. Introduced for the final half hour of his first pre-season appearance, Van Persie wasted no time in showing the goalscoring prowess that brought him back-to-back Golden Boot trophies, wrapping up a comfortable victory for Moyes’ men. Goalscoring honours went to Jesse Lingard and Danny Welbeck though. Lingard had the honour of scoring the first goal of Moyes’ reign and the 20-year-old from Warrington added another after half-time. Welbeck matched his fellow academy graduate, making a handy contribution given he only found the net on two occasions last season. David Moyes has no worries about engaging in a mind games battle with Jose Mourinho. It has seemed the Chelsea boss has been trying to get under Moyes’ skin over the last few days, particularly with his comments about Wayne Rooney. Moyes has not been drawn in. But he does find the prospect quite intriguing. And, answering a question from a fellow Scot in the aftermath of Manchester United’s 5-1 win over the A League All Stars in Sydney on Saturday, Moyes showed no sign of being overwhelmed by Mourinho’s approach. “It sounds like your accent’s like mine and if you’re from Glasgow then you enjoy those sorts of things, so bring it on,” said Moyes. It is a sign the intense former Everton boss is feeling more comfortable in his new surroundings. His first major signing continues to prove elusive though, with Moyes admitting there had been no developments on attempts to bring in reinforcements, even though executive vice-chairman Ed Woodward returned home three days early on “urgent transfer business”. “I’ve not had any more news since we last spoke yesterday,” said Moyes. “I have no more updates so I couldn’t give you anything positive or negative.” Robin van Persie would like to see Cesc Fabregas come to United though. Asked by host broadcaster Channel Seven immediately after the game whether it would be a good thing to be reunited with his former captain at Arsenal, the Dutchman replied: “Of course, he’s a great player.” Press Associationlast_img read more

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