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Joe Biden has vowed to “always stand with the LGBT+ community” on International Day Against Homophobia, Transphobia and Biphobia (IDAHOBIT).
John Carr obituary John Carr joined what is now Middlesex University as a lecturer in 1963, remaining there until 2000 Photograph: NONE
The stock market wasn't able to sustain its upward momentum from before the weekend, with major market benchmarks moving lower on Monday morning. Investors remain concerned about inflationary pressures and their potential to upset the delicate balance that has led to such impressive bull market returns over the past year. The S&P 500 (SNPINDEX: ^GSPC) had slid 23 points to 4,151, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) had fallen 100 points to 13,330.
(Bloomberg) -- AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and debt retention, with its shareholders getting stock representing 71% of the new company, the companies said in a statement Monday. The deal is structured as a tax-friendly Reverse Morris Trust.The plan, first reported by Bloomberg News, would combine Discovery’s reality-TV empire with AT&T’s vast media holdings, creating a formidable competitor to Netflix Inc. and Walt Disney Co. It marks a retreat for AT&T’s entertainment-industry ambitions after years of working to assemble telecom and media assets under one roof. AT&T, now the world’s most heavily indebted nonfinancial company, gained some of the biggest brands in entertainment through its $85 billion acquisition of Time Warner Inc., completed in 2018.Discovery Chief Executive Officer David Zaslav is to lead the new entity. The future of WarnerMedia CEO Jason Kilar, meanwhile, has yet to be determined, AT&T CEO John Stankey said on a conference call discussing the deal.The transaction includes all of AT&T’s WarnerMedia operations. In addition to CNN and HBO, WarnerMedia owns Cartoon Network, TBS, TNT and the Warner Bros. studio. Discovery, backed by cable mogul John Malone, controls networks such as TLC and Animal Planet. The new company’s name will be announced this week, Zaslav said on the conference call.“This agreement unites two entertainment leaders with complementary content strengths and positions the new company to be one of the leading global direct-to-consumer streaming platforms,” Stankey said in the statement. “It will support the fantastic growth and international launch of HBO Max with Discovery’s global footprint and create efficiencies which can be reinvested in producing more great content to give consumers what they want.”Discovery shares initially jumped on news of the deal, but they began to slip later Monday and were down as much as 4.5% to $34.05. AT&T climbed 1% to $32.56 as of 12:30 p.m. in New York.In shedding the assets, Stankey has been unwinding an acquisition spree undertaken by predecessor Randall Stephenson. The deal underscores the difficulty telecom companies have had finding a payoff from their media operations. Verizon Communications Inc. announced its own plan to slim down earlier this month. The company agreed to sell its media division to Apollo Global Management Inc. for $5 billion, a move that will offload online brands like AOL and Yahoo.“I expect AT&T is going to be the No. 1 telecom and communications company in the world,” Zaslav said on the conference call. And the new combined entity “will not stop until we have the No. 1 global entertainment company, reaching people on every device.”Though he has questioned in the past whether news content was a good fit with Discovery, Zaslav said the new company would keep CNN and “lean into news.”Kilar, a streaming-industry veteran who helped found Hulu, has been running WarnerMedia for the past year. At a recent investor conference, he defended the need for the business to be owned by AT&T, saying the telecom company had invested billions of dollars in HBO Max and broken down silos within the company to create a single operating unit. He added that AT&T’s phone and broadband customers were less likely to cancel if they got HBO Max, and many of HBO Max’s subscribers were AT&T customers.At Discovery, Zaslav has helped the company grow through acquisitions, including a purchase of HGTV owner Scripps Networks Interactive Inc. in 2018.Discovery’s RallyDiscovery shares experienced a meteoric rally earlier this year but had lost more than half their value since Bill Hwang’s Archegos Capital Management was forced to liquidate its positions. The shares remained up 18% for the year through the end of last week. That gave the company a market value of almost $24 billion. AT&T, meanwhile, gained 12% in 2021, giving it a market capitalization of $230 billion.LionTree LLC and Goldman Sachs Group Inc. advised AT&T on the transaction, while Allen & Co. and JPMorgan Chase & Co. worked with Discovery. Perella Weinberg Partners also provided advice to Discovery’s independent directors.Stankey has been cleaning house at the sprawling telecom titan, cutting staff and selling underperforming assets. The company has been funneling money into rolling out its 5G wireless network, which requires billions of dollars of investment, as well as expanding its fiber-optic footprint.What Bloomberg Intelligence Says“We believe Comcast could add its NBC unit to the bidding mix. An NBC-Warner matchup would combine two powerful studios and streaming platforms while a scaled TV network unit with $12 billion in Ebitda could better weather secular declines and generate $2 billion in cost savings.”--Geetha Ranganathan, media analystClick here to read the research.The carrier has been boosting movie and television production to attract subscribers to its HBO Max streaming service. It also needs cash to pay down debt. AT&T racked up borrowing of $200 billion after an acquisition spree, and though it’s been reducing what it owes, it now has bills from a recent spectrum auction.AT&T was the second-highest bidder in the Federal Communications Commission’s sale of airwaves, committing $23 billion. Verizon, the top bidder, agreed to pay $45 billion.DirecTV SpinoffThe Discovery agreement comes just months after AT&T reached a deal to spin off its DirecTV operations in a pact with buyout firm TPG. AT&T also agreed in December to sell its anime video unit Crunchyroll to a unit of Sony Corp. for $1.2 billion.And the company has parted with its Puerto Rico phone operations, a stake in Hulu, a central European media group and almost all its offices at New York’s Hudson Yards.Stephenson had spent his 13-year tenure as CEO bulking up the company. Stephenson, who handed the reins to Stankey last year, even kept a color-coded roster of companies he wanted AT&T to buy, leading to 43 acquisitions.But critics such as activist investor Elliott Management Corp. complained about the strategy, urging AT&T to focus on its core business. AT&T’s mountain of debt also put pressure on the company to cut staff and sell assets.‘Transformational Year’The Discovery deal represents an admission that AT&T’s audacious plan to build a media and communications conglomerate was a costly misfire.Elliott weighed in on the news Monday morning, praising Stankey’s efforts to redirect the Dallas-based phone company.”It has been a transformational year at AT&T,” Jesse Cohn, managing partner, and Marc Steinberg, portfolio manager, said in a statement. “AT&T has now executed on its promise to streamline operations and refocus on its core businesses.”Analysts see antitrust risk to the Discovery tie-up as low. By creating a large collection of cable channels, one question for competition authorities is whether the combined company would have increased leverage over pay-TV distributors that could lead to higher prices for consumers.But the Department of Justice in 2018 approved a much larger media merger with Disney’s purchase of film and TV assets held by 21st Century Fox.Economic Harm“If the DOJ did not think that combining those cable assets caused market harm, it is a little difficult to see the kind of economic harm that a smaller combination could cause, particularly as the economic power of cable assets is diminishing as the power of streaming assets grows,” Blair Levin, an analyst at New Street Research, said in a note Monday.The Discovery deal also unwinds the AT&T-Time Warner combination that the Justice Department argued was illegal, a challenge that ultimately failed.Since then, consumers’ streaming options have proliferated, which will ease the path to approval, according to Bloomberg Intelligence analyst Jennifer Rie. She expects a review that could last up to a year and may require the new company to sell some assets or agree to arbitration provisions if there are disagreements with cable companies over distribution deals.“That result is far more likely than the DOJ trying to go to trial again after the loss the first time,” she said.(Updates with shares in eighth paragraph, Elliott comments in 24th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Leading the call today will be Vipin Garg, our chief executive officer. Additional members of the Altimmune team participating on the call today are Will Brown, our chief financial officer; Scot Roberts, our chief scientific officer; and Scott Harris, our chief medical officer. A press release with our first-quarter 2021 financial results was issued this morning and can be found on the IR section of the company's website.
LCNB Corp. (Nasdaq: LCNB) today announced that the Company’s Board of Directors declared a cash dividend of $0.19 per common share. The common stock cash dividend will have a record date of June 1, 2021 and is payable to shareholders on June 15, 2021.
BravoCon 2021 will take place in New York City from October 15 to 17
Whether you need to add a bat or an arm, Fred Zinkie lays out his best practices for finding help on the waiver wire.
The New Jersey Devils signed goalie Akira Schmid on Monday to a three-year, entry-level contract starting in the 2021-22 season. The 21-year-old Schmid was the club’s fifth-round pick and 136th overall selection in the 2018 draft. At Sioux City of the United States Hockey League, he posted a 22-13-1 record with three shutouts, a 2.01 goals-against average and .921 save percentage this past season.
Trame pairs contemporary designers with local artisans to produce thoughtful—and chic—objects.
Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology for organizations of all sizes, is scheduled to participate at the following virtual financial conferences this Spring:
(Bloomberg) -- U.S. stocks and bonds began the week lower as investors weighed risks to the economic outlook including inflation and a spike in Covid-19 cases in parts of the world.Technology and communication services led the benchmark S&P 500 into the red for the first time in three sessions. Apple and Microsoft weighed on the Nasdaq 100. Discovery Inc. shares gained on a deal with AT&T Inc. to merge media assets. Coinbase Global Inc. fell as much as 7.8% to $238.25, a record low and below the reference price used in its April direct listing.“Investors should brace for further bouts of volatility, driven by inflation data along with other risks, such as setbacks in curbing the pandemic,” wrote UBS Global Wealth Management’s Chief Investment Officer Mark Haefele. “But we don’t see inflation concerns ending the rally in stocks, which we expect to be led by cyclical parts of the market as the global economic reopening broadens.”Oil edged up as rising optimism around a demand recovery in regions such as the U.S. offset Covid-19 flare-ups in parts of Asia.The dollar was little changed while gold climbed to the highest in more than three months. Bitcoin steadied after Elon Musk said Tesla Inc. hasn’t sold from its holdings of the token. The largest cryptocurrency had dropped as low as $42,185, the least since February. Federal Reserve Vice Chair Richard Clarida said during a webinar that weaker-than-expected April payroll report shows “we have not made substantial further progress” on the central bank’s goals for employment and inflation laid out as thresholds to begin scaling back the central bank’s massive monthly bond purchases.Concerns that policy makers may have to pull back support sooner than expected to quell rising inflation have weighed on global equities. Investors this week will parse the minutes from the Federal Open Market Committee’s latest meeting for any discussion about accelerating price pressures, and hints of a timeline for reducing asset purchases.“Expect this volatility to continue as the market searches for direction,” said Mike Loukas, chief executive officer at TrueMark Investments. “The release of the Fed minutes on Wednesday will be interesting. With earnings season almost over, inflation will continue to hold center stage.”Elsewhere, the Stoxx Europe 600 Index edged lower and stocks in Asia were mixed.Click here for MLIV’s Question of the Day: How Far Can East-West Stocks Divergence Go?Here are some key events this week:Reserve Bank of Australia publishes minutes of its latest meeting TuesdayThe Fed publishes minutes from its April meeting Wednesday, which may provide clues to officials’ views on the recovery and how they define “transitory” when it comes to inflationThese are some of the main moves in markets:StocksThe S&P 500 fell 0.5% as of 12:26 p.m. New York timeThe Nasdaq 100 fell 1%The Dow Jones Industrial Average fell 0.3%The MSCI World index fell 0.2%CurrenciesThe Bloomberg Dollar Spot Index fell 0.1%, falling for the third straight day, the longest losing streak since May 10The euro rose 0.1% to $1.2155The British pound rose 0.2% to $1.4132The Japanese yen surged 0.2%, more than any closing gain since May 7BondsThe yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield advanced one basis point to the highest in about two yearsBritain’s 10-year yield was little changed at 0.86%CommoditiesWest Texas Intermediate crude rose 1.3% to $66 a barrelGold futures rose 1.6%, the most since May 6For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
As more states lift mask rules and other restrictions put in place during the pandemic and businesses start to invite employees back to work in person, the federal government also is working on how to make sure employers are protecting workers from COVID-19. The federal agency charged with protecting workers, the Occupational Safety and Health Administration, has fielded thousands of COVID-19 related complaints since the start of the pandemic and is expected to release an emergency rule to help enforce the steps employers are required to take to keep people safe. OSHA issued almost $4 million in citations for COVID-related complaints, as of the latest update in January and not including citations from state worker safety agencies.
Morgan York played Miley Stewart's classmate Sarah on Hannah Montana
‘Ghost forests’ often form when rising sea levels force salt water into forests, leaving dead and dying trees still standing.
Press Release May 17, 2021 - N° 13 The SCOR Board of Directors chooses Laurent Rousseau to succeed Denis Kessler as Chief Executive Officer following the General Meeting of June 30, 2021 The Board of Directors, which met today, has acknowledged with regret Denis Kessler’s decision to relinquish, for personal reasons, his duties as Chief Executive Officer of SCOR at the end of his current term of office, which is due to expire at the General Meeting of June 30, 2021. Consequently, the Board of Directors has decided to separate the roles of Chairman of the Board and Chief Executive Officer at the end of this General Meeting, i.e., one year earlier than initially planned. The Board unanimously expressed the wish that Denis Kessler agree to remain as Chairman of the Board of Directors. Benoît Ribadeau-Dumas had been appointed Deputy Chief Executive Officer with effect from January 1, 2021, with a view to becoming Chief Executive Officer following the General Meeting in 2022. While recognizing and commending his strong commitment and successful integration during his first few months at SCOR, the Board of Directors has come to the conclusion that the conditions are not met for Benoît Ribadeau-Dumas, who had not worked in the insurance or reinsurance sector before joining the Group, to take up the position of Chief Executive Officer of SCOR in June 2021. Therefore, on the recommendation of the Compensation and Nomination Committee, the Board of Directors has unanimously chosen Laurent Rousseau, Deputy Chief Executive Officer of SCOR Global P&C, Chairman of SCOR Europe and member of the Group Executive Committee, to be appointed Chief Executive Officer of SCOR following the General Meeting of June 30, 2021. The Board of Directors considers that Laurent Rousseau, who has held senior positions within the Group for the past eleven years and benefits from twenty years of experience in the (re)insurance sector in London and Paris, has all the skills and qualities necessary to become Chief Executive Officer of SCOR. Laurent Rousseau was one of three candidates selected by the Compensation and Nomination Committee as part of the Chairman and CEO succession planning conducted in 2019 and 2020. In addition to this appointment, the Board of Directors will propose to the 2021 General Assembly that Laurent Rousseau be appointed as a Director of the Group. The Board’s appointment of Denis Kessler as non-executive Chairman following the General Meeting of June 30, 2021, will help to ensure the continuity of the Group’s strategy and to perpetuate its values. Denis Kessler, Chairman & Chief Executive Officer of SCOR, comments: “For nineteen years, I have devoted my life to reinsurance in general, and to SCOR in particular. This is a fascinating and demanding industry, extremely sophisticated and underpinned by science. SCOR has become a global Tier 1 company that is profitable, has a high level of solvency, and is growing continuously. I would like to sincerely thank the Group’s clients, shareholders and all its employees for their support and their trust over all these years. The succession announced in December 2020 by the Board on the recommendation of the Nomination Committee, cannot take place as planned. I would like to thank Benoit Ribadeau-Dumas for all the effort he has made to integrate into the company and the sector. I have every confidence in Laurent Rousseau, a seasoned and recognized (re)insurance professional with whom I have worked for more than eleven years, to ensure SCOR’s success and to guarantee its long-term development, with the twofold target of profitability and solvency. Laurent will stay true to the principles and values that make up the Group’s DNA, while giving it new momentum in the current health and economic crisis. All the members of the Executive Committee, highly experienced reinsurance professionals, along with the Group’s 3,000 employees throughout the world, will be united in helping him to take SCOR to the next level. Laurent can count on my full support as Chairman of the Board.” Augustin de Romanet, Lead Independent Director of SCOR, comments: “On behalf of the Compensation and Nomination Committee, I would like to thank Denis Kessler most warmly for having successfully led SCOR’s development since 2002. Over the past nineteen years, Denis has shaped SCOR, turning it around in an outstanding way and subsequently establishing it as the world’s fourth largest reinsurer, with a rating of AA-. He has created a culture of expertise and integrity that will be carried on by the teams he has built. I would also like to commend the remarkable integration of Benoît Ribadeau-Dumas at SCOR, with regret that the conditions are not met to appoint him as CEO on July 1, 2021. Finally, I am confident that Laurent Rousseau has all the qualities necessary to succeed Denis as Chief Executive Officer of SCOR.” Laurent Rousseau, Deputy Chief Executive Officer of SCOR Global P&C, Chairman of SCOR Europe and member of the Group Executive Committee, comments: “I am honored by the confidence the SCOR Board of Directors has placed in me by choosing me as the next Chief Executive Officer of the Group. The entire Executive Committee and I are determined to actively pursue the growth of the company for whose operations we will now be responsible. I firmly believe that SCOR is well positioned to meet the demands of our clients and to satisfy our shareholders in an increasingly risky world, with its extremely deep talent pool, mastery of the most advance technologies, proven agility to constantly adapt, sophisticated risk management, and exemplary ESG performance. Since 2002, the Group has aimed to be a Tier 1 global reinsurer. That goal remains intact. We will meet these challenges with dynamism and enthusiasm, bringing our teams together to serve all our stakeholders.” * * * Biography Laurent Rousseau, 42, a French citizen, is a graduate of HEC (Ecole des Hautes Etudes Commerciales). He started his career in 2001 as an equity analyst at Credit Suisse First Boston in London covering European insurers and reinsurers. In 2005, he joined J.P. Morgan in the insurance Investment Banking team, executing M&A, capital raising and restructuring transactions for European insurers and reinsurers. He joined SCOR in 2010 as Advisor to the Chairman and became Head of SCOR Global P&C’s Strategy and Business Development in 2012. In July 2015, he became Chief Underwriting Officer of SCOR Global P&C’s treaty business in Europe, the Middle East and Africa. In April 2018, he was promoted to Deputy Chief Executive Officer of SCOR Global P&C and member of the Group’s Executive Committee. He is married and has four children. ***** COMBINED SHAREHOLDERS’ MEETING OF JUNE 30, 2021 The Combined General Shareholders’ Meeting will be held on: Wednesday, June 30, 2021at 10:00, Paris timebehind closed doors Special procedures in light of the General Meeting being held behind closed doors In the current context of the Covid-19 pandemic, and in order to protect the Company’s shareholders, the Board of Directors of SCOR SE, which met on May 17, 2021, has decided to hold the Combined General Meeting of June 30, 2021, behind closed doors, i.e. without the presence of shareholders, their proxies and other persons entitled to attend (whether in person, by conference call or by video conference). This decision has been made in accordance with Article 4 of Order No 2020-321 of March 25, 2020, as amended by Order No 2020-1497 of December 2, 2020, and extended by Decree No 2021-255 of March 9, 2021. The health measures related to the Covid-19 pandemic have been extended under Decree n°2020-1310 dated October 29, 2020, as amended by Decree n°2021-541 dated May 1, 2021, which prohibits certain types of “establishments receiving the public” (as defined by article R. 123-12 of the French Building and Housing Code), including the auditorium at SCOR SE’s registered office, from receiving the public; No admission cards will therefore be issued. Furthermore, given the technical impossibility of verifying the identity and status of all shareholders remotely, there will be no live voting by conference call or video conference at this General Meeting. Shareholders will be able to exercise their voting rights remotely by returning a postal and proxy voting form or casting their vote on the secure Votaccess platform, prior to the General Meeting and within the statutory deadlines. Shareholders may email their postal votes and proxies to the Company or its proxy prior to the General Meeting. The General Meeting will be broadcast live on the Company’s website at www.scor.com and will also be available for replay within the regulatory timeframe. Written questions from shareholders From the time the preliminary documents relating to the General Meeting are made available to shareholders, in accordance with provisions of Article R. 225-84 of the French Commercial Code, any shareholder may address written questions of their choice to the Board of Directors, which will be answered during the General Meeting. These written questions should preferably be sent by email (email@example.com) to the Chairman of the Board of Directors, or by registered letter with acknowledgment of receipt to the Company’s registered office (5, Avenue Kléber, 75795 Paris Cedex 16), at the latest by the second (2nd) business day preceding the General Meeting (i.e. June 28, 2021). These questions must be accompanied by a share registration certificate, either in a registered securities account held by BNP Paribas Securities Services or in a bearer securities account held by a financial intermediary. The questions and answers will be posted on the Company’s website (https://www.scor.com/en/shareholders-meetings) within the regulatory timeframe. In addition, a new system will be put in place to maintain a continuous and open discussion during this General Meeting behind closed doors. The Company will give its shareholders the opportunity to directly submit their questions in writing on the live broadcast platform of the General Meeting, available on its website. The Company will make every effort to answer as many questions as possible during the General Meeting, within the time limit of the Q&A session. The questions may be selected in light of the time available. Furthermore, questions relating to the same theme may be grouped together. The platform will be open from the start of the General Meeting on June 30, 2021 at 10:00 am, Paris time, until the Q&A session. Questions that could not be addressed during the meeting will be addressed by theme in a response published on the Company’s website as soon as possible after the General Meeting. Availability of preliminary documents for the General Meeting The notice of meeting will be published in the Bulletin des Annonces Légales Obligatoires (BALO) of May 21, 2021. The notice will contain the agenda and the draft text of the resolutions to be submitted to the vote of the shareholders during this General Meeting, as well as the terms and conditions for voting remotely. As indicated in the press release dated February 24, 20211, the Company will propose a dividend of EUR 1,80 per share to the General Meeting. The ex-dividend date will be Friday, July 2, 2021, and payment will be made on Tuesday, July 6, 2021. The report of the Board of Directors on the draft resolutions will be available from May 21, 2021, on the Company’s website. The other documents referred to in article R. 22-10-23 of the French Commercial Code will be available on the Company’s website at www.scor.com under the “Investors / Shareholders’ Meetings / Documents to download” section from May 26, 2021, and no later than 21 days before the Meeting, or upon request to the Investor Relations department (firstname.lastname@example.org). The documents mentioned in article R. 225-83 of the French Commercial Code will be made available to the shareholders from the convening of the General Meeting, according to the applicable regulatory provisions : any holder of registered shares may, up to and including the fifth (5th) day prior to the Meeting, ask the Company to send them these documents. For holders of bearer shares, the exercise of this right is subject to the provision of a participation certificate in a bearer securities account held by a financial intermediary; any shareholder may also consult these documents at the registered office of the Company for a period of fifteen (15) days prior to the General Meeting and/or send a request by email to the following address: email@example.com. They will receive an answer by email, provided that the email address to reply to is indicated in their request. Scrutineers The scrutineers for the General Meeting will be appointed in accordance with applicable regulatory requirements. As such, these functions are proposed to two shareholders among the ten shareholders with the largest number of voting rights of which the Company is aware on the date the General Meeting is convened. The identity and status of those appointed will be made public in accordance with regulations. Information relating to this General Meeting may be consulted on SCOR’s website at: https://www.scor.com/en/shareholders-meetings. Contact details CommunicationsJérôme Guilbert+33 (0)1 58 44 79 firstname.lastname@example.org Investor RelationsOlivier Armengaud+33 (0)1 58 44 86 email@example.com www.scor.com LinkedIn: SCOR | Twitter: @SCOR_SE This publication is an ad hoc disclosure pursuant to article 17 of Regulation (EU) n°596/2014 of April 16, 2014. SCOR, a Global Tier 1 Reinsurer SCOR, the world’s fourth largest reinsurer, offers its clients a diversified and innovative range of solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society. SCOR offers its clients an optimal level of security with its AA- rating or equivalent from S&P, Moody’s, Fitch and AM Best. The Group generated premiums of more than EUR 16 billion in 2020, and serves clients in more than 160 countries from its 36 offices worldwide. For more information, visit: www.scor.com. 1 Please refer to the FY 2020 results press release published on February 24, 2021 Attachment SCOR Press Release
Simon Byrne insisted that he would not be resigning after a watchdog report said his officers prioritised public security over Covid regulations.
Immigration letter sent to long-term British citizens causes alarmHome Office under fire over mailshot to thousands telling them to apply for EU settled status by end June Some recipients of the Home Office letter said they were disturbed to discover they remain classified as foreigners on its databases, despite having been British for decades. Photograph: Yui Mok/PA
Government wants punishments to be decided over ‘emotional impact’ of damage, rather than financial cost