MHKS http://mhks.org/ Fri, 12 Aug 2022 18:42:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://mhks.org/wp-content/uploads/2021/05/mhks-icon-150x150.png MHKS http://mhks.org/ 32 32 The economy is contracting – with Jubilee partly to blame https://mhks.org/the-economy-is-contracting-with-jubilee-partly-to-blame/ Fri, 12 Aug 2022 06:33:00 +0000 https://mhks.org/the-economy-is-contracting-with-jubilee-partly-to-blame/


The UK economy contracted by 0.1% in the second quarter, according to official estimates.

It follows a positive first quarter, in which the economy grew by 0.8%.

Last week, the Bank of England predicted that the UK would fall into recession by autumn and could see more than a year of economic contraction later.

Although there was some growth in April, May and June in service businesses such as travel agencies with the lifting of COVID-19 related restrictions, the end of the test and trace initiative has dealt a severe blow to the economy.

“Healthcare was the main reason the economy contracted as test and trace and vaccination programs were halted, while many retailers also had a difficult quarter,” said Darren Morgan , director of economic statistics at the Office for National Statistics.

“These were partially offset by growth in hotels, bars, hairdressers and outdoor events during the quarter, in part due to people celebrating the Platinum Jubilee.”

There was a sharp drop of 0.6% in June, partly because of the significant reduction in spending on services with the phasing out of coronavirus testing and tracing, and partly because the Platinum Jubilee meant that there were two less working days that month.

The UK’s economic performance was worse in the second quarter than countries such as Canada, Italy, France and Germany, with underlying data showing economic pressures were beginning to weigh on spending of consumption.

Private consumption fell 0.2% in the second quarter, indicating that record prices for some products kept people from spending.

But it’s too early to say the UK is in recession, according to KPMG.

“It’s too early to call a recession despite falling output,” said Yael Selfin, chief economist at KPMG UK.

“Households are already battered by rising inflation, which is weighing on real incomes, while rising interest rates are making mortgage servicing less affordable,” Ms Selfin said.

Nadhim Zahawi, the chancellor, told Sky News he rejected the idea that the government had been asleep at the wheel throughout this crisis and blamed Russian President Vladimir Putin for record energy prices.

‘I don’t recognize that,’ he said, pointing to an existing support package which includes a £400 cut on the energy bill for all households.

But Mr Zahawi declined to say more direct help to struggling families would be inevitable this winter.

“We are looking at all the options for additional support that we can provide to families,” he said.

On taxing the profits of energy companies, Mr. Zahawi said: “There are no easy answers to this…every decision is a difficult decision.

The latest data comes after dire forecasts by the Bank of England of a 15 month recession – five consecutive quarters of economic contraction.

Speaking after the Bank raised interest rates by 50 basis points (0.5%) this month in a bid to tackle the highest rate of inflation in more than 40 years, the Governor Andrew Bailey said GDP would likely fall to 1.25% in 2023 and 0.25% in 2024.

If this forecast is confirmed, it would be the first example of two years of annual economic contraction since the 1960s.

But Ms Selfin said KPMG was not as pessimistic as the central bank.

“We expect a slightly shorter and milder recession than the one announced by the Bank of England last week,” she said.

“The main difference stems from our view that energy prices will eventually fall, contributing less to inflation, while the Bank’s forecast means prices will remain high for the next three years.”

People are facing massive increases in energy bills, with consultancy Cornwall Insight predicting the price cap is should come in at around £3,582 a year for the average household from October.

This is an increase from the £3,359 expected earlier this monthand compares to last October’s price cap of £1,277.

Sky News

(c) Sky News 2022: The economy is contracting – with Jubilee partly to blame

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Indianapolis Motor Speedway https://mhks.org/indianapolis-motor-speedway/ Wed, 10 Aug 2022 12:29:17 +0000 https://mhks.org/indianapolis-motor-speedway/
‘500’ Winners Dixon, Franchitti, Helio Racing at Goodwood Revival

Ten NTT INDYCAR SERIES Championships and eight Indianapolis 500 presented by gainbridge the victories will be represented next month when the Goodwood Revival is held.

Dario Legendary Drivers Crossed (four series titles, three “500” wins), Helio Castroneves (four “500” wins) and Scott Dixon (six series titles, one “500” win), plus seven-time NASCAR Cup Series champion Jimmie Johnson , now an NTT INDYCAR SERIES Driver, goepresent US open-wheel racing in the prestigious event at historical Goodwood Motor Circuit in Chichester, England.

This year’s Goodwood Revival will take place September 16-18.

The Goodwood Motor Circuit hosts two major celebrity events, led by the Goodwood Festival of Speed ​​in June. The Revival is more of a race, with a two-part Snot Mary’s Trophy for VIPs and owners in addition to the Royal Automobile Club TT.

CrossedCastroneves, Dixon and Johnsonas well as Simona De Silvestro, will be the NTT INDYCAR SERIES Drivers as an event represents almost 30 series championships, including Formula 1 champions, winners of the 24 Hours of Le Mans and the Isle of Man TT stars. F1 champions provided for to participatethey are Jackie Stewart, Damon Hill and Jenson Buttonm

NTT INDYCAR SERIES veteran Max Chilton, who recently established from Goodwood hsick Classes record at the Festival of Speed, will also participate.

Details of the cars the drivers go compete have yet to be announced. In 2011, when Dixon attended his first Festival of Speed, he drove a 1958 Juan Manuel Fangio machine used at Indianapolis Motor Speedway with his 2008 Chip Ganassi Racing “500” winner.

Dixon’s return to Goodwood will have even more significance given that it was the site of his marriage to Emma Davies.

Crossed was the winner of an event race in 2005.

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A new airline has taken off: discover AirConnect https://mhks.org/a-new-airline-has-taken-off-discover-airconnect/ Wed, 10 Aug 2022 01:53:16 +0000 https://mhks.org/a-new-airline-has-taken-off-discover-airconnect/

What a time to be an Eastern European aviation enthusiast! Especially if you are from the fish-shaped country Romania. There are four (!) new airline startups in the country that promise to give the competition hell. We are talking about FlyLili, Legend Airlines, Hello Jet and AirConnect. While for the first three there is not enough information yet, yesterday was a great day for the ATR operator AirConnect. Here is what happened.

The operator

AirConnect was launched in January 2022 and since its revelation, the organization’s management has been looking for experienced aviation professionals to join the airline. According to Gabriel Bobon at BoardingPass.ro, the airline has ordered 2 ATR 72-600s, both built in 2014, and so far one has been received, M-ABPU. According to the information that can be found on the tracking sites, the plane is registered in the Isle of Man and the history of the plane suggests that it was painted in Shannon.

As stated in previous articles, Romania is a poorly connected country that relies on air transport to keep the wheel of the economy turning. AirConnect aims to help the cause by operating in underserved Romanian airports like Sibiu and Tirgu Mures, and connecting them to Bucharest Baneasa, the former airport dedicated to low-cost carriers, now a hub for private jets and schools. piloting. The airline will also operate charter flights to Bulgaria and Greece and has agreements with major Romanian tour operators.

M-ABPU from Air Connect ©AirConnect

August 9, 2022

Yesterday was probably the happiest day of this young operator’s life: he obtained his air operator’s certificate. Basically, the Civil Aviation Authority has licensed AirConnect to operate domestically based commercial flights. And that means the airline is finally ready to take off.

Travel Radar will keep you updated on the status and operations of this new airline, leave a comment with your predictions for the future of this airline.

]]> Knife-wielding man killed by deputies in Far NW Twin Cities suburb https://mhks.org/knife-wielding-man-killed-by-deputies-in-far-nw-twin-cities-suburb/ Sun, 07 Aug 2022 18:55:12 +0000 https://mhks.org/knife-wielding-man-killed-by-deputies-in-far-nw-twin-cities-suburb/

Otsego, MN (KROC-AM News) – A man was fatally shot early today in a suburban area on the northwest edge of the Twin Cities.

The Wright County Sheriff’s Office said the fatal shooting involving an officer occurred after deputies were dispatched to a residence in Otsego around 12:50 p.m. to attend to a mentally ill man and threatening to physically harm his family and himself. According to a Press releasethe man initially agreed to go to the hospital for an assessment, but while waiting for an ambulance the man grabbed a knife from the kitchen and fled.

The sheriff’s office says a perimeter has been set up in the neighborhood and a State Patrol helicopter has been requested to help locate the man, who was found when he confronted two deputies in the backyard of a neighboring house. The media statement said the deputies then tried to subdue the man using Tasers before he threatened them with the knife while in close proximity to the deputies.

It was then that the two deputies opened and shot the man. The press release said law enforcement at the scene attempted to save lives until an ambulance crew arrived. The man was rushed to North Memorial Hospital, where he died a short time later. His name has not been released.

Minnesota Bureau of Criminal Arrests Photo

Minnesota Bureau of Criminal Arrests Photo

Both MPs have been placed on administrative leave pending the investigation into the incident. The Minnesota Bureau of Criminal Apprehension is leading the investigation.

Rochester man charged with pointing gun at neighbor during dispute

Rochester man charged with pointing gun at neighbor during dispute

Attachment-Play 8 Rochester Area Golf Courses (1)

WATCH: Check out the 50 best beach towns in America

Every beach town has its share of pros and cons, which got us thinking about what makes a beach town the best in which to live. For the knowledge, Stacker consulted WalletHub data, published on June 17, 2020, which compares American beach towns. The ratings are based on six categories: affordability, weather, safety, economy, education and health, and quality of life. Cities ranged from 10,000 to 150,000 people, but they had to have at least one local beach listed on TripAdvisor. Read it complete methodology here. From these rankings, we selected the top 50. Readers who live in California and Florida won’t be surprised to learn that many of the cities featured here are in one of those two states.

Keep reading to see if your favorite beach town made the cut.

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Three injured in ATV crash in Kandiyohi County https://mhks.org/three-injured-in-atv-crash-in-kandiyohi-county/ Sun, 07 Aug 2022 18:33:36 +0000 https://mhks.org/three-injured-in-atv-crash-in-kandiyohi-county/

LAKE LILLIAN – Three people have been injured in an ATV rollover in Kandiyohi County.

The sheriff’s office says they responded to a call just before 11 p.m. Saturday to a report of an ATV accident in the town of Lake Lillian.

A 30-year-old Lake Lillian man was driving a side-by-side with two passengers when he left the end of a town street and rolled into a cornfield.

The driver was taken to Carris Health in Willmar with non-life-threatening injuries.

The passengers, a 21-year-old man from Bird Island and a 25-year-old man from Cold Spring, were treated at the scene for minor injuries.

The sheriff says alcohol was a factor in the accident.

WATCH: Check out the 50 best beach towns in America

Every beach town has its share of pros and cons, which got us thinking about what makes a beach town the best in which to live. To find out, Stacker looked at data from WalletHub, released on June 17, 2020, which compares US beach towns. The ratings are based on six categories: affordability, weather, safety, economy, education and health, and quality of life. Cities ranged from 10,000 to 150,000 people, but they had to have at least one local beach listed on TripAdvisor. Read the full methodology here. From these rankings, we selected the top 50. Readers who live in California and Florida won’t be surprised to learn that many of the cities featured here are in one of those two states.

Keep reading to see if your favorite beach town made the cut.

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Sailing the British Isles on the Hurtigruten Expedition, by Travel Writers https://mhks.org/sailing-the-british-isles-on-the-hurtigruten-expedition-by-travel-writers/ Sat, 06 Aug 2022 03:07:20 +0000 https://mhks.org/sailing-the-british-isles-on-the-hurtigruten-expedition-by-travel-writers/

By Sharon Whitley Larsen

“Where is our ship?” I asked my husband, Carl, in a panic as we headed for the tender little pier on the Scottish Isle of Iona. I couldn’t see it anchored where we had left it a few hours earlier via a Zodiac RIB in the nearby sea. The cold wind blew on me after walking around the island and visiting the restored 6th century abbey. Cold and tired, I was ready for a hot soup and a glass of wine (maybe even a whiskey!) once back on board our ship, the Hurtigruten MS Maud, on which we sailed for 12 nights. And who was missing now.

Several months earlier, when Carl had browsed the Hurtigruten website, he had read aloud the British Isles itinerary, which was an inaugural cruise sailing the west coast of Britain with stops at small islands. that most of us hadn’t even heard of. I jumped on it.

On embarkation day in Dover, England, we patiently waited in line for our COVID-19 tests. A couple in their 80s ahead of us tested positive and were not allowed to board. Normally the ship has a capacity of 500 passengers; this embarkation numbered 222 (mainly British and only 17 Americans) during this maiden voyage. (During the cruise, four passengers and two crew members tested positive for COVID-19 and were quarantined for five days in isolated cabins.)

As we gradually learned, this wasn’t your typical cruise: most of these small, isolated islands and their quaint towns had no Costco, McDonald’s, Starbucks, malls, or theaters, and they relied heavily on ferries. for the delivered goods. Even medical care can be scarce. (“If you’re going to be sick, make sure it’s a Wednesday,” my driver-guide told me on the small Scottish isle of Eigg on a previous trip: “That’s the day the doctor arrives by ferry.”

There were no children on board and most of the passengers were elderly. A man, traveling alone and using a cane, was 89 years old. Our cabin was rather spartan (twin corner beds) but had an adequate toilet with shower and plenty of storage. (A massive ship renovation is planned for 2023.) We had a porthole and could watch other passengers strolling on deck outside.

There was no evening entertainment – despite a grand piano in a plush bar where we hoped someone would play and sing. Plus, no spa — just a sauna and two outdoor hot tubs on the upper deck. There was a small gift shop that offered lovely items, and onboard lectures from experts covered topics such as birding, climate issues, and marine life.

The crew members, mostly from the Philippines, were very friendly and excited to get back to work after two years at home. And the food was excellent, with plenty of wine at lunch and dinner.

We were given bright orange Helly Hansen parkas for free, and passengers had to wear life jackets every time we went out on the Zodiac RIB tender, which was quite a difficult experience. We also had to wear masks inside except when we were in the dining room.

Our first stop after a day at sea was in the fishing village of Fishguard, Wales (population 5,400). We were the first cruise ship to stop there in two years, and a small, smiling and hospitable group (including the mayor) turned out to greet us with complimentary “Croeso i Gymru – Welcome to the Country” tote bags. of Wales”.

Other stops on the cruise included Rathlin Island, Northern Ireland (popular with bird watchers, 6 miles long, 1 mile wide, population 140), the aforementioned Iona (3 miles long by 1, 5 miles wide, population 177), the Scottish island of St Kilda (3.3 square miles, population 0, largest seabird colony in Europe), Stornoway (population around 5,000), the whiskey isle of Islay (“eye-la” – featured on “60 Minutes” in 2015, population around 3,000), Isle of Man (which we loved) and Isles of Scilly (“silly”) .

Return to spiritual Iona: We had offered a Zodiac RIB, wondering if an 89 year old man using a walking stick could get on and off the floating “boat”, so could we (with the help of the young expedition team ). Our ship was anchored just off the coast.

By the time we got back to the pier three hours later, I could see a few other passengers in bright orange parkas walking around in the distance. A member of the crew must have seen my panicked look and shouted at us: “The ship has moved! Due to high winds, the ship had pulled anchor and sailed to the other side of the island.

“You can walk to the beach to board the tender, or we called a taxi if you want to wait,” he said.

After about 45 minutes a taxi (probably the only one on the island) showed up and we jumped in with the 89 year old trouper and two other passengers. The driver dropped us off a few miles away in a gated pasture with grazing Highland cattle. We could see our ship in the distance. All I could think of, since we were wearing the parkas, was being chased by the horned cattle.

Once we stomped through the green pasture, a steep path led down to the sandy beach below. The ship’s crew helped passengers into the exposed Zodiac RIB via a running board while waiting for the waves to recede. One woman took off her boots and walked barefoot through the cold water while others had their shoes or pants soaked. I was so happy and relieved to be back on the ship.

Of 25 cruises we have taken around the world, this was the most unusual – truly a once in a lifetime experience. Would we do it again? Probably not. But we are happy to have had the experience.

WHEN YOU GO

www.hurtigruten.com

Passengers from the Hurtigruten MS Maud wait in a Zodiac RIB to set off on an excursion. Photo courtesy of Carl H. Larsen.

    Stranded Hurtigruten passengers walk through a cow pasture on the Scottish Isle of Iona to reach their ship.  Photo courtesy of Sharon Whitley Larsen.

Stranded Hurtigruten passengers walk through a cow pasture on the Scottish Isle of Iona to reach their ship. Photo courtesy of Sharon Whitley Larsen.

    After a windy day on the Scottish Isle of Iona, Hurtigruten passengers approach the Zodiac RIB which will take them back to their ship.  Photo courtesy of Sharon Whitley Larsen.

After a windy day on the Scottish Isle of Iona, Hurtigruten passengers approach the Zodiac RIB which will take them back to their ship. Photo courtesy of Sharon Whitley Larsen.

Sharon Whitley Larsen is a freelance writer. To read articles by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com.

Stranded Hurtigruten passengers walk through a cow pasture on the Scottish Isle of Iona to reach their ship. Photo courtesy of Sharon Whitley Larsen.

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Graveyard Circuit Motorcycle Racing Returns to the Streets of Whanganui https://mhks.org/graveyard-circuit-motorcycle-racing-returns-to-the-streets-of-whanganui/ Fri, 05 Aug 2022 17:00:00 +0000 https://mhks.org/graveyard-circuit-motorcycle-racing-returns-to-the-streets-of-whanganui/ Cemetery Circuit organizers and sponsors are delighted to be back on track for the 2022 event. Photo/Paul Brooks

One of Whanganui’s biggest events will return to the streets this summer.

The cemetery circuit was canceled for the first time in 70 years in 2021 due to Covid-19 restrictions, but event organizer Allan Willacy said he expected the Boxing event Day is making a big comeback in December.

“We are expecting a fantastic crowd and a fantastic event, overseas competitors are coming, so it’s a really positive feeling this year.”

He expected the event to attract large numbers of spectators and runners from across the country and overseas.

International riders had yet to be confirmed for the event, but Willacy said plans were to bring in four riders from Australia and two from the UK.

The graveyard circuit is also once again the final round of the Suzuki International Series, which this year is collaborating with the New Zealand Superbike Championship to offer six rounds of racing throughout the summer.

In addition to the Suzuki Series finale, the final round of the New Zealand SuperMoto Championship will be part of the graveyard circuit meet.

The event will also host the New Zealand TT title, which Willacy says runs alongside the national championships and originated from another world famous street race, the Isle of Man TT.

“It came in, they gave us back the titles for our street circuit, so that’s another advantage for our competitors,” he said.

Although it is not part of the national championships, as the nationals do not include street circuits, Willacy said the collaboration between the two series will bring more attention to the event.

“The [Suzuki] The series is New Zealand’s biggest series and the Whanganui Cemetery Circuit is New Zealand’s biggest motorcycle event.

Strategic Marketing Manager for Whanganui & Partners, Jonathan Sykes, said the contribution of events such as the Graveyard Circuit was important to the district’s economy.

“When events are hosted in Whanganui, we see a significant impact on our visitor spending and hear about their value from our community and attendees.

“Holding renowned, world-class events like the Cemetery Circuit is something that Whanganui takes great pride in. Like our community and the national and international fans of the Cemetery Circuit, we were extremely disappointed to see this iconic event having to cancel last year. And we know the organizers have done everything they can to keep the event going until it becomes unavoidable that it cannot take place under the restrictions.”

Sykes said the fact that Whanganui hosted the New Zealand Amateur Boxing Championships and the Hoop Nation Junior Showcase in April showed the value of the events for the district. Marketview shows that consumer spending in Whanganui in April 2022 increased by 8.1% compared to April 2021. During the Hoop Nation Junior Showcase period, April 27-30, consumer spending increased by 7 .9% compared to the same period a year earlier.

“We work with all of our supported events to assess the economic contribution made versus what was planned in advance. Additionally, we have our own tools, such as consumer spend metrics, that help us to understand the additional value created by the event,” Sykes said. .

Willacy said the graveyard circuit was a crown jewel: “Everybody wants to compete, everybody always wants to win, and the best guys always want to win the Robert Holden.”

Keryn Amon (left), owner of Platinum Homes, Allan Willacy, event organizer for Cemetery Circuit and Peter Goldfinch, executive dealer at Suzuki New Zealand.  Photo / Bevan Conley
Keryn Amon (left), owner of Platinum Homes, Allan Willacy, event organizer for Cemetery Circuit and Peter Goldfinch, executive dealer at Suzuki New Zealand. Photo / Bevan Conley

One such person is 2016-18 National Superbike Champion Sloan Frost, who will race the event on a unique machine, the 2022 Suzuki GSX1300R Hayabusa, New Zealand’s fastest naturally aspirated motorcycle.

Suzuki New Zealand continues to support the event and provided Frost with the bike to race.

The 1300cc Hayabusa sports bike is significantly heavier than the other 1000cc Formula 1 superbikes it will compete against, but Suzuki New Zealand dealership manager Peter Goldfinch says Frost should put up a good fight.

“He’s not expected to win, but if he can get a top five or top six on what is essentially a street bike, that will be really good marketing for us.”

He said Frost racing the Hayabusa through the narrow city streets would be quite a sight.

“He will probably go into second gear sometimes,” he said.

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Brentford’s Gtech deal, Premier League naming rights sponsorships and the curious case of the 12Bet stadium https://mhks.org/brentfords-gtech-deal-premier-league-naming-rights-sponsorships-and-the-curious-case-of-the-12bet-stadium/ Fri, 05 Aug 2022 08:28:22 +0000 https://mhks.org/brentfords-gtech-deal-premier-league-naming-rights-sponsorships-and-the-curious-case-of-the-12bet-stadium/

In the summer of 2013, as Crystal Palace prepared to return to the Premier League, a blurry image started circulating on Twitter. I remember it well. The photo showed a map of the stadium outside the club’s Selhurst Park, but it was no longer for Selhurst Park – it was for the 12Bet stadium.

As you can probably imagine, Palace fans on social media haven’t reacted sympathetically to the prospect of their beloved home being renamed after an Isle of Man-based bookmaker. Around a week later, the club confirmed a deal with 12Bet, referencing the gambling company as their new stadium sponsor, but falling short of granting the company naming rights to the venue.

Palace supporters still speculate to this day if this image was planted to gauge fan sentiment or if the club simply reworked the deal following the backlash.


I couldn’t help but think of the curious case of the 12Bet stadium this time around last week, when Premier League side Brentford announced home appliance maker Gtech – or Gray Technology Limited – as the naming rights sponsor of their community stadium for the next ten years. .

The West Londoners, who have described the deal as the biggest sponsorship deal in their history, are now one of six current Premier League teams whose stadium has been renamed for a sponsor. According to a 2019 report by American consultancy Duff and Phelps, clubs in English football’s elite at the time were missing out on almost £100million in stadium naming rights.

All of this begs the question: why, in a competition where teams rarely hesitate to generate as much revenue as possible, don’t more clubs have stadium sponsors?

Naming rights deals are almost inevitable in the United States, where, with few exceptions, major league franchises have a sponsor for their stadium, in some cases earning eight-figure annual sums for long-term deals. But it’s more of a tradition in this market, where sites have been used to promote business names since the early 1900s, when Boston Red Sox Fenway Park also served as an advertising platform for the real estate company of its owner.

Contrast that with the UK (and even Europe more broadly), where the majority of Premier League naming rights deals of late – including Brentford’s – have been for new stadiums whose nicknames are not engraved in the history of the club. Venues such as Arsenal’s Emirates Stadium, Manchester City’s Etihad Stadium and Brighton’s Amex have never really been known other than that, meaning there’s likely to be less resistance from fans.

However, try to slap a mark on a stadium that’s been around for decades and expect to be greeted with an uproar. The 12Bet stadium is one example, but there was even more disdain in 2011 when Newcastle’s much-maligned former owner Mike Ashley decided to associate his Sports Direct business name with St James’ Park.

Even in this short-lived case, however, people continued to refer to the place by its original name. Potential sponsors are therefore likely to be aware that their brand will never be truly associated with the more traditional European venues – even if they have a formal agreement in place.

Indeed, it’s hard to imagine Barcelona’s Nou Camp being called ‘The Spotify’ anytime soon, despite the music company’s €280m sponsorship deal with the Spanish club. Perhaps that’s why only €5m of that figure would be spent on stadium naming rights, with the Swedish company apparently seeing much more value in having their logo on the team’s shirts.

So while Brentford and potentially Tottenham Hotspur in the near future may have the opportunity to cash in on their new homes, don’t expect to see many other Premier League clubs rushing to sell their stadium names any time soon. .

The Barcelona ground has a new name, but will fans call it anything other than Camp Nou?


Called

England’s 2-1 win over Germany in the UEFA Women’s Euro final was the catalyst for a carousel of articles about the business opportunities the victory will create for the Lionesses – and it should.

Speaking to my colleague Ed Dixon earlier this week, M&C Saatchi’s Jenny Mitton said the Lionesses have provided “a platform for brands to speak to the nation” and predicted that sponsors already involved in women’s football will start to enter into individual agreements with the players.

The success of the Euros is likely to spur brands to enter women’s football in other ways, but it was recalled last week that this will lead to greater scrutiny.

In the run-up to Sunday’s game, the women-led Talented Ladies Club created a guerrilla campaign with advertising agency Truant London that highlighted the gender pay gap at some of the sponsoring companies. the Women’s Euro.

It was particularly bad publicity for Booking.com, where a woman only gets 58 cents for every euro earned by a man. The campaign also called out TikTok, LinkedIn, Volkswagen, Adidas and Visa. As I wrote in a recent article on the SportsPro website, this shows that the gender pay gap is an issue that goes far beyond sports.

But perhaps another positive legacy of the current rise of women’s football may be that companies considering sponsoring a female athlete or property will be incentivized to get their own house in order before signing a deal. based on values ​​of equality – otherwise they risk being exposed. further down the line.


new money

There are some early signs of what MLB teams could get for their jersey patch deals. The Boston Red Sox have reportedly signed an agreement with insurance company MassMutual for approximately $17 million.

Some studies had suggested that MLB patch deals were worth more than NBA ones, but I’m not so sure. The Red Sox are one of the most valuable teams in American baseball and their deal comes at a price similar to the US$20 million that the Golden State Warriors, whose partnership is one of the most lucrative in basketball, would have received from Rakuten. Legends, which has been tasked with finding a patch sponsor for the New York Yankees, is considering a deal of similar value to a top tier naming rights deal.

MLB commercial teams have a clear advantage in that their franchises play nearly double the number of games as NBA teams, which means more inventory. MLB team sponsors are also likely to be on screen longer given that the patches are located on the players’ shoulders, meaning they will be facing the camera when at home plate.

However, I would expect the value to be balanced by the NBA’s general popularity and wider global reach, so I wouldn’t be surprised if MLB’s most valuable deals end up around the same level. .


Top Resellers

Premier League clubs have been busy signing new extended deals ahead of the 2022/23 campaign. Defending champions Manchester City have been particularly active, extending their relationships with Acronis and Gatorade.

Everton, meanwhile, announced three deals this week: a new muff sponsorship with BOXT, a deal with digital clothing company Fancurve and an expanded tie-up with their global tire partner Davanti.

If you want more on Premier League sponsorship, be sure to check out our annual business guide, which went live on Friday.


Want this feature delivered straight to your inbox every other Thursday? Sign up for SportsPro’s sponsorship and marketing newsletter here.

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Economic Crime (Transparency and Enforcement) Act 2022 (“ECTEA 2022”) – Real Estate https://mhks.org/economic-crime-transparency-and-enforcement-act-2022-ectea-2022-real-estate/ Thu, 04 Aug 2022 21:13:35 +0000 https://mhks.org/economic-crime-transparency-and-enforcement-act-2022-ectea-2022-real-estate/

To print this article, all you need to do is be registered or log in to Mondaq.com.

Overseas Entity Beneficial Ownership Register Quick Guide

This table provides an overview of the regime implemented under ECTEA 2022. Additional regulations are being introduced which extend the regime to different types of entities such as Scottish LLPs.




















1. What’s going on? All foreign entities (for which, see Q2 (What is a “foreign entity”?) below) that have a freehold property in the UK, or leases of more than seven years in the date of grant, must apply for registration on a new register maintained by Companies House.
2. What is a “foreign entity”? A legal entity governed by the law of a country or territory outside the UK. The Isle of Man and the Channel Islands are all classed as outside the UK. ECTEA 2022 is written broadly and intentionally and covers all types of legal structures including trusts, states, local authorities and unincorporated associations. s2(1) ECTEA 2022
3. When? The legislation came into force on August 1, 2022. Foreign entities now have until January 31, 2023 to register with Companies House. s4 ECTEA 2022
4. Why? It has long felt like bad actors have been allowed to invest their money in real estate assets in the UK. The invasion of Ukraine has given greater visibility to the issue and legislation has been accelerated so that sanctions can be applied to certain Russian nationals closely linked to the Putin government.
5. What is a recordable beneficial owner? ECTEA 2022 wants to make public the identity of people who own a business or control the management of a business that owns property in the UK; these people are called “beneficial owners”. Almost all beneficial owners are registrable; only entities that are already heavily regulated and subject to strict transparency requirements will not be eligible for registration. Schedule 2 ECTEA 2022
6. What is a beneficial owner? A person who exercises significant control over the business. A person who exercises significant control over the business.
7. Can I sell my property before ECTEA 2022 comes into force? Yes, but if you subsequently register as an Overseas Entity, you will need to tell the Registrar what assets you have dealt with since February 28, 2022. ss41-43 ECTEA 2022
8. Is the legislation retroactive in other respects? Yes; any overseas entity that has registered a property with the HM Land Registry since 1 January 1999 will need to register. s41 and appendix 3 ECTEA 2022
9. Does the overseas entity need to provide contact information only once? Nope; there is an annual update obligation. s7 ECTEA 2022




DETAILS OF THEIR REGISTRABLE BENEFICIARY OWNER AND PROTECTION OF THEIR PERSONAL INFORMATION










1. What must a foreign entity do? As a first step, take reasonable steps to find out if there are recordable beneficial owners and, if so, identify and notify them and provide the required details in a declaration to Companies House. He must also give the required information about himself.
2. What information is required about the overseas entity?

(a name;


(b) country of incorporation or training;


(c) registered or principal office;


(d) a service address;


(e) an email address;


(f) the entity’s legal form and governing law; and


(g) any public register in which he is registered and, where applicable, his registration number in this register

Annex 1 ECTEA 2022
3. What information is required about the registrable beneficial owner

The information required varies depending on the type of entity of the registered beneficial owner. If the recordable beneficial owner is an individual, the following information will be required:


(a) name, date of birth and nationality;


(b) usual residential address;


(c) a service address;


(d) the date on which the person became a recordable beneficial owner in respect of the foreign entity;


(e) which of the conditions of paragraph 6 of Schedule 2 is met with respect to the recordable beneficial owner and a statement as to why that condition is met;


(f) whether the individual satisfies this condition by virtue of being a trustee;


(g) whether the person is a designated person (within the meaning of section 9(2) of the Anti-Money Laundering Sanctions and Anti-Money Laundering Act 2018), where that information is publicly available.

Part 3, Annex 1 ECTEA 2022
4. Is this information all public? No, individual birth dates will only appear as a month and year. An individual’s usual residential address will not be public, but will be accessible to HMRC and certain law enforcement agencies. In addition, information about trust beneficiaries, settlors and other office holders such as enforcers will not be made public. s24 ECTEA 2022

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Rent Relief Not for Retail Offices

Reed Smith (worldwide)

In short, the arbitrator found that the rent relief during the pandemic did not apply to retailers’ offices, but only to their stores.

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2022 Suzuka 8 Hours | WorldSBK champions defend, Lecuona debuts, farewell Suzuki? | Superbikes of the world https://mhks.org/2022-suzuka-8-hours-worldsbk-champions-defend-lecuona-debuts-farewell-suzuki-superbikes-of-the-world/ Thu, 04 Aug 2022 10:33:55 +0000 https://mhks.org/2022-suzuka-8-hours-worldsbk-champions-defend-lecuona-debuts-farewell-suzuki-superbikes-of-the-world/

Wait, wait, listen to me.

So yes the Isle of Man TT. MotoGP at Phillip Island. Everything on two wheels in Assen. These are undoubtedly massive events that can lay claim to being the biggest and best motorcycle festival in the world.

But if your sample selection included some of the most important people in the motorcycle industry – particularly the recruiters and licensees in charge of Japan’s “big four” manufacturers of Honda, Yamaha, Kawasaki and Suzuki – then the Suzukas 8 Hours is the one they all want to win.

It’s a race that returns this weekend for the first time since 2019 and it could well prove to be the most important in its history as it could be the last time the aforementioned foursome meet after it was announced that Suzuki withdraws from motorsport. end of 2022.

As they say, opinions are like assholes – everyone has one – but the Suzuka 8 Hours is more important than you think… here’s why.

The “big four” manufacturers say so

This aforementioned bold claim is not simply mine; it is the affirmation of the big four Japanese manufacturers – Honda, Suzuki, Yamaha and Kawasaki – who have made this race the archetype of the correlation with the motto “win on Sunday, sell on Monday”.

While MotoGP is the standard of engineering excellence, the Suzuka 8 Hours is a direct grudge match between the four Japanese manufacturers in a race that demonstrates the key values ​​of its culture: efficiency, reliability and teamwork.

With that in mind, Honda is the firm to blame him the most with a remarkable 27 wins from 42 attempts, followed by Yamaha in eight, Suzuki in five and Kawasaki in two.

Of course, as a World Endurance Championship round, it’s not just CBR1000RRs, GSX-R1000s, R1s and ZX-10Rs.

For 2022, a lone Ducati prepared in Japan will compete alongside a handful of BMW entrants, while the German manufacturer will also enter for the first time with factory support.

It is also an important offer, because if BMW causes the surprise and wins, it would be the first time that a foreign manufacturer has triumphed at the 8 Hours of Suzuka since its inauguration in 1978.

Motorcycle royalty assists…those who matter

Forget Valentino Rossi or Casey Stoner, the Suzuka 8 Hours sees the highest concentration of big wigs, big cheeses or big bosses, whatever you want to call them.

Riders say they are often spooked to see CEOs and other very high-ranking business leaders crammed into garages, the combined might of their finances, influence and passion adding to the pressure of performance.

On the other hand, victory in such an intense arena has the potential to earn you a job for life. It’s no exaggeration – bring honor, you will be rewarded endlessly.

However, this year’s race has added significance as it could be the last time all four companies field a factory-backed entry with Suzuki’s decision to leave EWC (and MotoGP) leaving it without its double. World championship winning SERT effort for 2023.

Private teams will likely fill the void in the near term, but if Suzuki doesn’t replace the GSX-R1000 as has been speculated, it would be the end of an era…

Being the best does not make the winner

As the 1980s and early 2000s when an influx of top GP riders swelled the ranks to fight gave way to fewer headline-grabbing entries with a MotoGP pedigree, this was arguably an advantage as the action leveled the playing field.

That’s not to say the current roster is any less capable in direct combat, but let’s say the factory support isn’t as evenly spread among the masses when you have a publicity appearance from a Valentino Rossi, who has won in 2001, dominating attention.

Either way, there are so many factors beyond fast laps that see victory. While the Suzuka 8 Hours looks like a breeze compared to the other three 24-hour races on the calendar, the shorter distance arguably creates a greater challenge by mixing sprint-style pace with consistency and reliability.

It also puts more emphasis on pit crews back in the box to turn things around quickly. If you lack any of these factors, victory will be difficult. More than any other race, it’s a team sport.

It is one of the last major specialized meetings

Along with the TT, the Suzuka 8 Hours is an event where being a globally recognized famous rider doesn’t naturally translate to being the favorite here. In fact, there’s never really been a favorite with the words “anything can happen”, a frequently used mantra.

At its peak, the Suzuka 8 Hours featured the largest Superbike grid in the world, combining totally different talents and skills. WorldSBK regulars can rely on their sprinting style to activate it in qualifying for example, EWC regulars will be the most adept when it comes to maximizing a package over a distance – also pit stops – and All-Japan Superbike riders have the precision to know every Suzuka millimeter

Remember when Japanese riders were rushing for wildcards and dominating in WorldSBK? It’s the modern equivalent, but the reverse…

It features the WorldSBK champions

Kawasaki has – or at least “had” – a pretty dismal record at the Suzuka 8 Hours. Before the 2019 Suzuka 8 Hours you had to go all the way back to 1993 when Kawasaki last lifted the winners trophy, a startling stat considering it has pretty much dominated the Superbike scene in recent times. years.

Having failed to weave its international riders with its national teams, Kawasaki caused a stir by simply using its best asset – the seven-time Kawasaki Racing Team WorldSBK title – and shifting all the effort to Japan.

It proved a masterstroke with Jonathan Rea and Leon Haslam picking up a stunning win, albeit in controversial circumstances when the Ulsterman crashed in the final minutes on oil expended by an expiring Suzuki.

Yamaha were initially voted the winner before an appeal from Kawasaki – arguing the race should be counted until the final completed lap as it crashed following problems from another bike – saw the decision cancelled. It meant it was the first effort to win the Suzuka 8 Hours without a Japanese driver since Valentino Rossi and Colin Edwards in 2001.

It should be noted here that the team also included Toprak Razgatlioglu, then under contract with Kawasaki, after being added to the lineup late and overflown. However, the Turk didn’t do a single lap over the weekend after it was decided that his more erratic styling on the ZX-10RR wasn’t conducive to endurance racing, which explains his rather muted expression in the photo above.

Fair assessment or not, the decision had major implications for Kawasaki with Razgatlioglu and his manager Kenan Sofuoglu – who called the snub an insult to his rider – quickly rejecting the offer of a KRT WorldSBK factory race in 2020. in favor of a switch to Yamaha.

The rest, as they say, is recent history…

Fast forward to today and KRT are back to defend their title with a stellar rider line-up featuring Rea, Haslam – back in the fold after returning to Kawasaki machines at BSB – and Alex Lowes, the Brit already three times Suzuka 8 Hours winner with Yamaha, he is now aiming for a fourth with Kawasaki.

Oddly enough, considering the KRT affair, Razgatlioglu will not participate as there is no Yamaha Factory Racing commitment this time. The pop-up team has been a force in the Suzuka 8 Hours, taking multiple wins with formidable rosters including its top WorldSBK riders and occasional MotoGP riders like Bradley Smith and Pol Espargaro, as well as the irresistible ten-time All- Japan Superbike Champion Katsuyuki Nakasuga.

However, the absence of Yamaha Factory Racing Team – or Nakasuga for that matter – this year means that it will fall to the EWC YART (Yamaha Austria Racing Team) to fill the void.

Elsewhere, the HRC Honda team will attempt to “do a KRT” with its own WorldSBK effort, which includes former MotoGP rider Iker Lecuona. [above] makes its debut at the Suzuka 8 Hours. In fact, Honda is going full throttle for Suzuka with 16 entries, including the EWC FCC TSR effort and Southeast Asia-based Honda Dream Racing team.

The pure mystic

While the internet, multi-channel television and social media have removed the barriers that would prevent anyone from achieving all possible weather, boarding or crashing with just a few clicks of a mouse, there remains a sense of “mystique”. ‘ about the Suzuka 8 Hours which dates back to the 90s when Japanese motorsport was very cut off from the wider world.

Indeed, whether it was because local reporting was in kanji or a grid of 90% unknown names among 10% global favorites limited publications’ desire to spend time attending or translating to push it to l n a global scale, the Suzuka 8 Hour was often a footnote in magazines printed days later.

And yet, this was a race attracting GP stars and 130,000 spectators each year. Not only that, these viewers are passionate.

Anyone who has ever attended or taken part in a motorsport event in Japan will know that it is an experience that is both difficult to explain and unforgettable in equal measure.

The Japanese love their motorsport – as evidenced by the constantly packed pits at Suzuka or Motegi during F1 and MotoGP – but with fewer local heroes to cheer on in both series, the Suzuka 8 Hours has instead become the highlight annual event for motorsport fans to see big names. and root for their domestic hopes.

Plus, it’s been 16 years since Japan hosted a WorldSBK race (and we’re still puzzled as to why it hasn’t returned) and given the huge influence the nation has on the motorcycle industry as a whole, it should be given the dues it deserves.

And, of course, the Suzuka Circuit itself is considered one of the most raced tracks in the world with iconic corners like Degner, S-Curves and – most famous of all – 130R.

In short, if you haven’t already, place it somewhere near the top. Even if it’s just to meet this cute little guy…

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