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Sunday, June 16, 2019
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From bootcamp to burnout: how to make it as a YouTuber – podcast 16 Jun 10:00pm From bootcamp to burnout: how to make it as a YouTuber – podcast
Young stars on the Google-owned site can become multi-millionaires almost overnight but controversy has stalked every stage of YouTube’s growth. Plus: Amelia Abraham on rising LGBT hate crimes The phenomenal success of Google’s video-sharing website YouTube has made stars of some of its most popular users. From beauty tips to video game walkthroughs, lifestyle vlogs and prank videos, the site has entranced a generation. But there is a darker side to the success story. It has had to grapple with people using the social network to publish hate speech. And its young stars have faced burnout.
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Last call for PPI, says finance watchdog 16 Jun 7:01pm Last call for PPI, says finance watchdog
FCI launches advertising blitz to encourage applications for a refund before the August deadline The City regulator is launching a final call for payment protection insurance compensation, as the total paid out to consumers passes £35bn. With just over two months to go until the deadline for lodging a PPI claim the UK’s Financial Conduct Authority is launching a new advertising campaign to encourage more applications.
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UK growth tipped to slow as firms run down Brexit stockpiles 16 Jun 7:01pm UK growth tipped to slow as firms run down Brexit stockpiles
Business group downgrades GDP rises and warns dwindling investment will hurt long-term economy Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group. After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021.
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Major global firms accused of concealing their environmental impact 16 Jun 1:13pm Major global firms accused of concealing their environmental impact
More than 700 companies, including Amazon, Tesco and ExxonMobil, lack transparency, campaign group claims A $10tn (£7.9tn) investor alliance has accused more than 700 companies, including Amazon, Tesco and ExxonMobil, of failing to reveal the full extent of their impact on the climate crisis, water shortages and deforestation. The major global companies, with a combined worth ofmore than $15tn, lack transparency over their effect on the environment, according to the intervention by some of the world’s biggest financial names.
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Thirsty work in San Diego, the craft brewing capital of America 16 Jun 7:30am Thirsty work in San Diego, the craft brewing capital of America
Raise a glass to the Californian city with more than 200 craft breweries and tasting rooms It is early morning and I’m swimming in a coffin-shaped pool surrounded by gnarly ancient cacti, overlooked by a 12-storey floral mural. It was an invigorating way to wake up listening to the muted stirring of downtown LA – and I needed it after only two hours’ sleep. The night before, the
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Council staff pensions at risk from Woodford investments 16 Jun 6:51am Council staff pensions at risk from Woodford investments
At least three local authorities have put in up to £10m in sister scheme hit by suspension of flagship fund Council workers have been left exposed to the underperformance of Neil Woodford’s stock market-listed fund, with a £10m investment by council pensions schemes at risk from the fund’s declining share price. Shares in the Woodford Patient Capital Trust Fund have tumbled 25% to 58p since 3 June, when Woodford made the
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Is the global economy in for a new oil shock? | Larry Elliot 16 Jun 5:41am Is the global economy in for a new oil shock? | Larry Elliot
Trump’s hawkish stance with Iran could prove too much for an already fragile world economy An oil price surge prompted by trouble in the Middle East inevitably conjures up memories of late 1973, when a dramatic rise in the cost of crude ended the long postwar global economic boom. No question, the embargo organised by Opec during the Yom Kippur war was a game changer. The west had got used to oil prices of around $2 a barrel; within weeks it was paying $11 a barrel. Inflation soared, growth slowed, unemployment hit levels not seen since the 1930s.
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How indie bookshops are fighting back 16 Jun 3:30am How indie bookshops are fighting back
Independent bookshops are thriving because they understand readers’ tastes better than an Amazon algorithmAs global temperatures rise at the rate political standards fall, the news that independent bookshops are reviving gives rare cause for celebration. Last year the number of indies on UK high streets grew for the second year running – by 15 to 883, according to the
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Travel insurance: why cheap policies can cost you dearly 16 Jun 3:17am Travel insurance: why cheap policies can cost you dearly
As insurers compete to offer the lowest prices, fees and exclusions have been rising Rachel Taylor had booked a holiday cottage in the Lake District as a treat for her mother. Two weeks before their holiday her father became seriously ill and she had to cancel. He died soon afterwards. Since the payment was non-refundable, Taylor claimed the £646 cost on her travel insurance. To her astonishment, she was told that she was only entitled to half that. “I was told it was because there were two people travelling, and my policy paid out on a per-person basis,” she says. “I argued that the cost for the week was £646 for the cottage, irrespective of the number of people, the entire booking was in my name only and I was the only person who had suffered any financial loss. How can my mum be expected to make a claim when her name does not appear anywhere on the booking confirmation?”
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Travel insurance: why cheap policies can count you dearly 16 Jun 3:00am Travel insurance: why cheap policies can count you dearly
As insurers compete to offer the lowest prices, fees and exclusions have been rising Rachel Taylor had booked a holiday cottage in the Lake District as a treat for her mother. Two weeks before their holiday her father became seriously ill and she had to cancel. He died soon afterwards. Since the payment was non-refundable, Taylor claimed the £646 cost on her travel insurance. To her astonishment, she was told that she was only entitled to half that. “I was told it was because there were two people travelling, and my policy paid out on a per-person basis,” she says. “I argued that the cost for the week was £646 for the cottage, irrespective of the number of people, the entire booking was in my name only and I was the only person who had suffered any financial loss. How can my mum be expected to make a claim when her name does not appear anywhere on the booking confirmation?”
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Adding Boris Johnson to Brexit is pouring fuel on to the fire | William Keegan 16 Jun 2:00am Adding Boris Johnson to Brexit is pouring fuel on to the fire | William Keegan
As investment nears collapse, the last thing Britain needs is a PM so contemptuous of business and so fiscally heedlessI have been critical, I hope with good reason, of Jeremy Corbyn’s equivocation over what is rapidly becoming a pressing need to call another referendum. But credit where credit is due: at least the Labour leader attempted in the Commons last week to block the possibility of a no-deal Brexit –
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Crypto is coming: get ready to spend Facebook’s money 16 Jun 2:00am Crypto is coming: get ready to spend Facebook’s money
The social network is likely to release details of its cryptocurrency this week: and it won’t be much like BitcoinFirst it had your friends, then it had your pictures, then it had your diary. Now, in the latest effort to entwine its systems still further into the everyday lives of its users, Facebook wants to get into your wallet. On Tuesday, the social media behemoth is expected to reveal its own cryptocurrency, which has variously been called Libra and GlobalCoin. However, unlike other cryptocurrencies, the new creation will not have been founded in the spirit of libertarianism, outside the backing of established, conventional authorities. Instead, it appears to have the endorsement of more than 12 corporations, from Uber to PayPal, Visa and Mastercard.
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Carney should turn again to the Bank’s biggest problem: the City 16 Jun 2:00am Carney should turn again to the Bank’s biggest problem: the City
In his last Mansion House speech, the governor should make clear that the Square Mile must remain on a short leashWhen the Bank of England’s governor, Mark Carney, addresses City grandees this Thursday at Mansion House in London, he could step outside his usual comfort zone and
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Millions at risk of retiring on incomes below living wage 16 Jun 2:00am Millions at risk of retiring on incomes below living wage
Campaigners urge the pensions industry to do more to encourage people to save Pensions providers have been called on to do more to encourage people to
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Workers see job promises vanish as bosses pocket Trump tax windfall 16 Jun 2:00am Workers see job promises vanish as bosses pocket Trump tax windfall
AT&T, General Motors and Wells Fargo vowed to use tax cuts to create jobs. In fact, they did the opposite Stephen Smith worked at an AT&T call center in Meriden, Connecticut, for over 20 years before the giant telecoms company announced it was closing the city’s three call centers in February 2019. “At 46 years old, I’m looking for a new job,” Smith said. “They basically told us we either need to move south or lose our job. It was out of the blue. We had no idea.”
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How Silicon Valley’s whiz-kids finally ran out of friends | John Naughton 16 Jun 1:59am How Silicon Valley’s whiz-kids finally ran out of friends | John Naughton
The tech founders said they were not like the evil capitalists of old. We should have known betterRemember the time when tech companies were cool? So do I. Once upon a time, Silicon Valley was the jewel in the American crown, a magnet for high IQ – and predominately male – talent from all over the world. Palo Alto was the centre of what its more delusional inhabitants regarded as the Florence of Renaissance 2.0. Parents swelled with pride when their offspring landed a job with the Googles, Facebooks and Apples of that world, where they stood a sporting chance of becoming as rich as they might have done if they had joined Goldman Sachs or Lehman Brothers, but without the moral odium attendant on investment backing. I mean to say, where else could you be employed by a company to which every president, prime minister and aspirant politician craved an invitation? Where else could you be part of inventing the future? But that was then and this is now. It’s taken an unconscionable length of time, but the tide of approbation has turned. Tech has suddenly lost its halo. Everywhere one looks, we find groups sharpening knives for a critique or an attack on big tech. In an
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