RFU’s annual report shows a worrying decline. Has it lost its purpose? | Gerard Meagher
Senior UK bankers will get bonuses years earlier under plan to relax rules
Senior UK bankers will receive their bonuses years earlier under plans by the Bank of England to relax post-financial crisis restrictions.The proposals are to reduce the bonus deferral period for some of the most senior bankers from eight years to five .Less senior bankers would get their bonuses after four years, in a further relaxation of the restrictions. Bankers would also be able to receive some of their bonus in the first year, instead of having to wait until the third year.In the EU, bankers’ bonuses are typically deferred for three to five years, while the US has no such restrictions
Donald Trump’s trade tariffs could cost US consumers $2,400 a year – business live
Two-thirds of Americans think Donald Trump’s tariff plans will only add to rising costs if implemented, and many are planning purchases ahead of his inauguration anticipating higher prices, according to a Harris poll conducted exclusively for the Guardian.Trump declared on Monday evening that he would impose 25% tariffs on all goods from Canada and Mexico, and an additional 10% on China, if they did not stop what he claimed was illegal immigration and fentanyl smuggling.But although he has called tariffs the most “beautiful word in the dictionary”, about 69% of Americans think tariffs on imports will lead to higher prices, according to the poll.The majority of Democrats (79%), independents (68%) and Republicans (59%) all believe that tariffs will increase the prices of the goods they pay for in the US. Nearly the same percentage of respondents said that tariffs will have a significant effect on what they can afford
How the far right is weaponising AI-generated content in Europe
From fake images designed to cause fears of an immigrant “invasion” to other demonisation campaigns targeted at leaders such as Emmanuel Macron, far-right parties and activists across western Europe are at the forefront of the political weaponisation of generative artificial intelligence technology.This year’s European parliamentary elections were the launchpad for a rollout of AI-generated campaigning by the European far right, experts say, which has continued to proliferate since.This month, the issue reached the independent oversight board of Mark Zuckerberg’s Meta when the body opened an investigation into anti-immigration content on Facebook. The inquiry by the oversight board will look at a post from a German account featuring an AI-generated image emblazoned with anti-immigrant rhetoric.It is part of a wave of AI-made rightwing content on social media networks
Oxford scientist resigns from Royal Society over Elon Musk’s continuing fellowship
A leading scientist at the University of Oxford has resigned from the UK’s national academy of sciences over concerns about Elon Musk’s continuing fellowship.Prof Dorothy Bishop, emeritus professor of developmental neuropsychology and a leading expert on children’s communication disorders, said she handed back her fellowship of the Royal Society last week.Bishop told the Guardian her move was a gut reaction, adding she had met the president and the chief executive after indicating her decision to resign, who stressed the need to follow due process over Musk.“I just started to think, you know, the Royal Society seemed to be set up to make it very, very difficult to ever get somebody to resign or to actually get thrown out, and given all I know about Musk, it felt grubby, to be honest,” she said.“It just felt having him in the Royal Society seemed such a contradiction of all the values of the Royal Society
Phillip Hughes: the loss of a daring and bright-eyed future is still keenly felt | Geoff Lemon
It’s tempting to say cricket is not important when thinking about Hughes’s death 10 years ago. But the loss of his career is symbolic of a broader lost futureSo here it is. 27 November, the centrepiece of a desperately sad sequence of dates. 25 November, the day 10 years ago when Phillip Hughes was struck by a cricket ball and hospitalised. 27 November, when his life support was ended as futile
World Chess Championship: Ding Liren leads Gukesh Dommaraju after Game 2 draw
Ding Liren was unable to stretch his World Chess Championship lead as Game 2 against Gukesh Dommaraju petered out to a 23-move draw in Singapore.Following victory in Game 1 for Ding, the defending champion, the scores now sit at Ding 1.5-0.5 Gukesh with up to 12 classical games remaining.Gukesh, playing Black, offered stiff defence and declared himself happy getting off the mark with the draw, which was settled after around three hours
Walmart to phase out DEI initiatives amid escalated attacks from conservatives
Female executive directors in FTSE 250 down 11% since 2022
FCA fines Macquarie Bank £13m for fictitious trades amid ‘serious failings’
UK prices for car repairs and electrical goods expected to rise due to budget
Philadelphia workers at Amazon’s Whole Foods file for first union election
Trump’s talk of tariffs raises fears of hit to economies worldwide