Worth the risk?

first_img Subscribe to the iGaming newsletter Topics: Legal & compliance Strategy Tech & innovation Worth the risk? With new studies suggesting links between compulsively trading cryptocurrencies and a problem gambling severity, operators must look closely at whether allowing customers to pay with virtual currencies is worth the risk, writes Joanne Christie.Over the past few years cryptocurrency has been one of the hot topics of the online gambling world, though it’s fair to say the merits of crypto have been questioned as often as they’ve been lauded.Those in the crypto camp have often argued that it is a natural fit with igaming due to the digital innovation inherent in both industries, but a new study suggests it may not be such a good fit, at least not from a responsible gambling perspective.A study from Rutgers University in New Jersey found a strong link between those trading cryptocurrency and those exhibiting problem gambling symptoms. The problem of ‘crypto-trading addiction’ first began being widely discussed after Scottish drug and alcohol rehab centre Castle Craig Hospital began treating people for the disorder last year.As the news drew headlines all over the world, many addiction experts, for example, Mark Griffiths of the International Gaming Research Unit at Nottingham Trent University, put forth their views that it was actually a form of gambling addiction.However, the Rutgers study, authored by Devin Mills and Lia Nower of the Centre for Gambling Studies and published recently in journal Addictive Behaviors, is the first to explore the link between cryptocurrency trading and problem gambling and the findings were worrying. According to the study, “trading cryptocurrencies is strongly associated with problem gambling severity”.The study also found the link to be more problematic for those gambling online compared with those gambling only in land-based outlets.“Greater crypto trading frequency was associated with increased sports betting, daily fantasy sports playing, high-risk stock trading, and greater problem gambling severity, and a preference for online gambling,” said the report.However, co-author Lia Nower says this online preference is more due to demographics than anything else.“It is a younger population, they tend to be more male, they tend to be more highly educated, we’ve identified this in other studies as well, and they tend to be more well-versed with technology, so there is a higher chance that they are going to be more engaged in high-risk activities like daily fantasy sports, high-risk stock trading and cryptocurrency.”Additive effect “I personally don’t believe that just gambling online is any more dangerous than gambling in a casino; the dangerous part is the additive effect of multiple high-risk activities,” adds Nower.Anthony Marini, senior specialist therapist at Castle Craig Hospital, agrees that it’s often the combination of risky activities that causes problems for people.“My experience tells me absolutely that people who are gambling addicts are more predisposed to becoming addicted to crypto as well,” he says.“What we’ve noticed is that a lot of people who are compulsive gamblers to start with have started to get into the cryptocurrency market because it is so volatile, it is so up and down. The buzz is so quick, the excitement, the endorphins, the adrenalin in their brain. It is so exciting for them so they have started to get into cryptocurrency, but what they are doing is they are starting to take more and more risks with it.”In fact, says Marini, there’s a strong link between a wide range of addictions. “Most people that come in here don’t even think they have a gambling problem. It might be drugs or alcohol they come in for and it is not until we delve deep into their backgrounds we actually find it.”Role of gambling companies Although there is evidence pointing to a high level of crossover between addictions, particularly gambling and cryptocurrency, it would be easy for gambling companies to say their role is simply to implement reasonable responsible gambling measures and any other problems players suffer from have nothing to do with their activities.And it’s not an unreasonable position to take, particularly when set against a largely unregulated cryptocurrency market where tales of websites setting up shop and disappearing with investors’ cash are all too plentiful. The situation is not dissimilar to the issue of video game features such as loot boxes, which are loosely regulated but have also been linked to problem gambling.Although a large-scale study by British computer science researchers David Zendle and Paul Cairns last year found a strong link between loot box use and problem gambling, few commentators would say that’s a problem for gambling companies to deal with.But obviously the sums involved in crypto trading and gambling are much higher than for loot boxes and Marini says he’s seen a number of examples of patients who’ve made large sums on crypto trading but then gone on to lose it in a short space of time either gambling or stock trading.In this vein, he is critical about some of the fines imposed on companies flouting responsible gaming rules. “At the end of last year one of the betting companies took £1 million in 24 hours from someone who had a problem with gambling. Now they took a million pounds off him but what they were fined was £500,000.“If you are taking that much money off someone and only getting fined half of that you’re still getting half of that. They reported themselves because they knew that the fine wouldn’t be as much as they’d taken.” Though not naming the company, it’s clear Marini’s example relates to Rank, which was ordered to pay a £500,000 penalty package by the Gambling Commission in October last year.Marini says gambling operators could also be causing problems just by accepting cryptocurrency. “That’s just crazy. Casinos starting to accept cryptocurrency is just asking for devastation. Because people who go to casinos and pay by cryptocurrency are going to start buying cryptocurrency and are going to start trying to make money on the cryptocurrencies they’ve just bought to bet even more, so they are going to take even more risks.”Nower agrees: “The question is, ‘do they accept bitcoin, do they accept cryptocurrency’ because right there you see the people that are using it to gamble may be people who fit our profile. So obviously the easiest way is don’t accept crypto.”While adding cryptocurrency to their payment methods has been something many online operators have been implementing or considering in recent years as a way of enhancing their offering, the latest research suggests it may have as many risks as it does benefits. With new studies suggesting links between compulsively trading cryptocurrencies and a problem gambling severity, operators must look closely at whether allowing customers to pay with virtual currencies is worth the risk, writes Joanne Christie. 5th April 2019 | By contenteditorcenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling Legal & compliance Email Addresslast_img read more

FTSE 100 bull market: which stocks are the top performers?

first_img Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. DCCIndustrial Support ServicesSecurity Services55.31% FTSE 100 bull market: which stocks are the top performers? Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! CompanyFTSE ICB SectorFTSE ICB SubsectorShare price gain Polymetal InternationalPrecious Metals and MiningGold Mining53.40% Intermediate Capital GroupInvestment Banking and Brokerage ServicesAsset Managers and Custodians68.77% James J. McCombie | Thursday, 28th May, 2020 Flutter EntertainmentTravel and LeisureCasinos and Gambling70.96% “This Stock Could Be Like Buying Amazon in 1997” The FTSE 100 market crash can be said to have ended on 23 March, even though it may not feel that way for now. The UK’s main index has risen by more than 20% since the bottom of the crash. According to most definitions, this percentage rise defines the start of a new bull market, and not a mere correction or dead-cat bounce.The gain made by the FTSE 100 is actually around 23% at the time of writing. However, the 100 or so stocks that make up the index have had vastly different fortunes. Investors who pick stocks from the FTSE 100, whose portfolio’s performance echoes that of the stocks selected, might already be aware of the differences in fortunes. For those that are not, I have crunched the numbers and identified the 10 best-performing FTSE 100 stocks since 23 March as of the end of last week.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…FTSE 100 top performersThe bull market best performers have all returned more than 50%, significantly outperforming the FTSE 100’s 23%. They are a mixed bunch. Looking at the table below, no two come from the same FTSE ICB Sector or Subsector. It is straightforward to come up with a reason for the presence of some. Take for example Polymetal International, a gold and precious metal miner. The price of gold has been on a tear, and with the recessionary environment, and loose monetary policy, its price is expected to continue to do well. Ocado is an online grocer (which also profits handsomely from selling its technical knowhow) and has struggled to keep up with the demand (which should persist) for deliveries. Just Eat is benefiting from demand for takeaway meals, comfort during the lockdown, and a replacement for eating out.Capital IdeaScottish Mortgage Investment Trust has a large exposure to gold miners, which in turn explains its performance. Intermediate Capital Group is an alternative asset manager, involved in real estate and private debt and equity. As public equity markets slumped, investors seem to have reached for exposure to alternative investments.JD Sports may have benefited from people taking up the one hour of permitted exercise each day and needing running shoes and clothes. In addition, once lockdowns are lifted, spending on clothing in general might get a boost through delayed purchases being made in one big splurge. Those struggling to find things to do during lockdown might be turning to Flutter Entertainment for excitement.Industrial actionNumber one performer Ashtead Group leases equipment to industrial and construction companies, which have been hard hit by the coronavirus outbreak. With money tight, buying equipment outright might be off the cards. Luckily Ashtead is there to lease it.I once lamented the fact that the market recovery was lacking in support from cyclical and consumer discretionary stocks. Ferguson, a distributor of plumbing and heating products, and Ashtead are examples of such stocks. Perhaps this is a sign that this bull market will persist.DCC is somewhat misleadingly labelled as being in the security services subsector. DCC is involved in the sales and marketing of LPG, petrol and oil. Its robust performance could again lend credence to the longevity of the bull market. However, It also provides products and services to healthcare providers and routes to market for tech firms. James J. McCombie has no position in any of the shares mentioned. The Motley Fool UK owns shares of Flutter Entertainment. The Motley Fool UK has recommended Just Eat Takeaway.com N.V. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img FergusonIndustrial Support ServicesIndustrial Suppliers54.08% JD Sports FashionRetailersApparel Retailers55.25% Ashtead GroupIndustrial TransportationCommercial Vehicle-Equipment Leasing73.41% I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Scottish Mortgage Investment TrustClosed-End InvestmentsClosed-End Investments55.32% OcadoPersonal Care, Drug and Grocery StoresFood Retailers and Wholesalers64.60% Just EatSoftware and Computer ServicesConsumer Digital Services52.34% Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by James J. McCombielast_img read more

Video: The Rev. Jennifer Baskerville-Burrows reflects on 9/11

first_img The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Belleville, IL Cathedral Dean Boise, ID Rector (FT or PT) Indian River, MI Curate Diocese of Nebraska An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Associate Rector Columbus, GA Submit an Event Listing Rector Shreveport, LA Director of Music Morristown, NJ Rector Martinsville, VA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Curate (Associate & Priest-in-Charge) Traverse City, MI Canon for Family Ministry Jackson, MS [Episcopal News Service] The Rev. Jennifer Baskerville-Burrows, director of networking in the Episcopal Diocese of Chicago, shares her experiences about being trapped in the Trinity Wall Street office building during the Sept. 11, 2001 terrorist attacks.This video was first published in 2011 for the 10th anniversary of 9/11. At that time Baskerville-Burrows was a priest in the Diocese of Central New York. In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Smithfield, NC Associate Priest for Pastoral Care New York, NY Featured Events Bishop Diocesan Springfield, IL Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Youth Minister Lorton, VA Rector Knoxville, TN By Mary Frances SchjonbergPosted Sep 8, 2016 Featured Jobs & Calls Family Ministry Coordinator Baton Rouge, LA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Albany, NY Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Pittsburgh, PA center_img Tags Course Director Jerusalem, Israel 9/11 videos, Missioner for Disaster Resilience Sacramento, CA Video Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Assistant/Associate Priest Scottsdale, AZ New Berrigan Book With Episcopal Roots Cascade Books Rector and Chaplain Eugene, OR Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Collierville, TN TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Bath, NC Assistant/Associate Rector Morristown, NJ The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Hopkinsville, KY Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Tampa, FL AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Washington, DC Assistant/Associate Rector Washington, DC Rector/Priest in Charge (PT) Lisbon, ME Press Release Service Submit a Press Release Director of Administration & Finance Atlanta, GA Submit a Job Listing Priest Associate or Director of Adult Ministries Greenville, SC Associate Rector for Family Ministries Anchorage, AK Video: The Rev. Jennifer Baskerville-Burrows reflects on 9/11 Priest-in-Charge Lebanon, OHlast_img read more

Mayor Price invites community to join in week of service

first_imgIndividuals or teams can still register at the website with events and activities for the week. More information can also be found on the Facebook page. Twitter Linkedin Mayor Betsy Price shared an open letter with members of the Fort Worth community. Recent thunderstorms lead to hazards; more storms to come + posts Twitter Facebook Shelby Whitsonhttps://www.tcu360.com/author/shelby-whitson/ Shelby Whitsonhttps://www.tcu360.com/author/shelby-whitson/ Shelby Whitsonhttps://www.tcu360.com/author/shelby-whitson/ Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Help a neighborServe someone in needWrite ‘thank you’ letters to teachers, first responders or police officersCreate a family or neighborhood projectVisit a nursing homeServe meals to the homelessDonate clothing to a local shelterThe website lists several organizations with which they have partnered.“It’s important for us to recognize in this city that we in fact have people that are not as well cared for, not as well served as we could be,” said city council member Dennis Shingleton. Abortion access threatened as restrictive bills make their way through Texas Legislature center_img Facebook Previous articleMartin Luther King Jr. Day Parade organizers hope to spark activism in Fort WorthNext articleStock Show Parade sees no shortage of Confederate Flags despite ban Shelby Whitson RELATED ARTICLESMORE FROM AUTHOR ReddIt Fort Worth to host ‘Gatsby’ themed party as fundraiser Shelby Whitson Shelby Whitsonhttps://www.tcu360.com/author/shelby-whitson/ Linkedin ReddIt Race for Tarrant County Sheriff to go to runoff printFort Worth Mayor Betsy Price invites residents to join for the “Mayor’s Compassionate Week of Service.”Compassionate Fort Worth partnered with the mayor for a series of volunteer opportunities from Jan. 16- 24.“Compassion is the back bone of everything that strong cities should do,” said Price in a promotional video.Last year, the city council signed the International Charter for Compassion, designating Fort Worth as a Compassionate City.Members of the Mayor’s Faith-Based Cabinet are encouraging residents to organize service projects throughout the week.The Compassionate Fort Worth website lists the following ways to participate in the week of service: Rubio mocks Trump at Dallas rally Fort Worth set to elect first new mayor in 10 years Saturdaylast_img read more

Hydrocarbons in the marine environment

first_imgThe concentrations and distributions of alkanes have been determined in samples of sediment, fish, benthos and a land plant mixture from King Edward Cove, South Georgia. The fish muscle and water samples exhibited the relatively smooth envelope typical of this type of material whereas the plants, benthos, fish liver and sediments had a strong odd carbon predominance. No trace of fuel oil from previous spills or leaking storage tanks could be found in any of the samples examined although possible evidence of wastes from the whaling station were found in the deepest sediment layers in the centre of the Cove.last_img

Houston American Energy to acquire 20% stake in Permian Basin asset

first_img Image: Houston American Energy to take part in a new drilling program in the San Andres formation. Photo: courtesy of skeeze/Pixabay. Houston American Energy has agreed to acquire 20% stake in an existing 5,871 gross acre block in the San Andres formation in the Northern Shelf of the Permian Basin in the US from an undisclosed seller.Financial terms of the deal were not been disclosed by the Texas-based oil and gas producer.Under the terms of the agreement, Houston American Energy will bear 26.667% of the expenses incurred on an initial test well through the point at which it is drilled, completed, equipped and set for operation, production or disposal.All additional operations of the San Andres drilling programme will be carried out on a heads up basis, said the Texan oil and gas company.The agreement has also defined an area of mutual interest (AMI) of roughly 20,367 acres in the area of, and including, the existing acreage covered by the deal. As per the agreement, the parties will have the right to take part, at cost, in any interest purchased in the AMI in the next five years.What the acquisition means for Houston American EnergyHouston American Energy CEO Jim Schoonover said: “This agreement is the culmination of more than a year of effort to identify a suitable growth platform. We believe this agreement has the potential to be such a platform. We expect an initial horizontal test well will commence on the block before the end of 2019.“If successful, we believe the existing acreage will support drilling of up to 50 wells over the next 4 to 5 years with the acquisition of additional acreage under the AMI supporting additional wells.”Schoonover added that the acreage involved in the deal combined with the company’s existing holdings in Reeves County and Yoakum County in Texas positions it to gain sustainable growth in terms of reserves, production, revenues, and shareholder value.In June 2019, Houston American Energy and its partners completed frac operations on the Frost #1-H well in Yoakum County to bring it into production. The agreement enables Houston American Energy to take part in a new drilling program in the San Andres formationlast_img read more

Senate Committee Hears Testimony On Hate Crime Bill

first_imgFacebookTwitterCopy LinkEmailShare By Emily KettererTheStatehouseFile.comINDIANAPOLIS — La’Kysha Gardner’s 15-year-old son, Jason, was beaten nearly to death and left in a ditch because of his race. His attacker was sentenced to 30 days.“I sat in the courtroom yesterday and watched a young man who almost killed my child receive 30 days,” Gardner told the Senate Correction and Criminal Law Committee Tuesday as it heard testimony on bias crime legislation, Senate Bill 418. “Is that the going rate now for hate? Thirty days?La’Kysha Gardner describes her son’s beating to the Corrections and Criminal Law committee Tuesday morning. Photo by Seth Fleming, TheStatehouseFile.comIndiana is one of five states without a hate crime law. SB 418, in its current form, would allow judges to weigh everything from race and sex to gender identity and sexual orientation as aggravating circumstances in sentencing a criminal defendant. Hate crime legislation has been proposed in the past but was defeated.“If you’re going to adopt a bill, make sure that bill is for everyone,” Gardner said. “Make sure the police know they need help, they need guidance, they need extra training in this matter so we can work with them so the next family, God forbid, the next family that may have to go through this.”Eric Thiel, a member of the Unitarian Universalist Church in West Lafayette, said that he supported the bill as it would promote “Hoosier hospitality rather than Hoosier hostility.” His church was vandalized last week with slurs about race, minorities and sexual orientation.“I’m a straight, white male. I feel comfortable everywhere. Nobody is attacking me,” Thiel said. “All I want is for everybody else in the state to feel as comfortable as I do walking down the street, attending events, going to bars or going into churches.”Melanie Davis, a transgender woman from Bloomington, was shot at by a man who continued to shout hateful slurs at her. Davis supports the bill but said SB 418 must include transgender people.“’Will I be next?’ is constantly on our minds,” Davis said. “We simply ask for protection against the discriminatory violence we routinely face. Gender identity should be included in any law that addresses hate crimes.”Ryan McCann of Indiana Family Action said the bill is “the very definition of exclusivity” because it creates specially protected classes that treat victims of similar crimes differently.“We have pushed, especially last session, to have the bill be more inclusive and help more Hoosiers, and we were rejected,” McCann said, explaining he wanted a broader statement that didn’t single out any one group for protection.Micah Clark, president of the American Family Association of Indiana,  said a person who commits a violent crime should not be further punished because of their opinions.Micah Clark presents his thoughts on SB 418 in front of the Corrections and Criminal Law committee Tuesday. Photo by Seth Fleming, TheStatehouseFile.com“In America, we punish people on what they do, not what they think,” Clark said.Sen. Michael Young, R-Indianapolis, chair of the committee, withheld vote on the bill in order to go over the number of amendments to the bill and listen to all testimony. Sen. Tim Lanane said he believes one amendment would remove gender identity from the bill.Feeling the bill was in peril after the hearing, Indiana Democratic Party Chairman John Zody released a statement urging Gov. Eric Holcomb to endorse the bill to lessen the GOP divide on the issue.Emily Ketterer is a reporter for TheStatehouseFile.com, a news website powered by Franklin College journalism students.last_img read more

What we learned at the BSB Spring Conference 2018

first_imgBread Ahead founder Matthew Jones and Barry Callebaut’s Beverley Dunkley were among speakers at the British Society of Baking’s (BSB) Spring Conference, which took place on Wednesday 25 April.Attendees were treated to a host of presentations at the National Bakery School, in London’s South Bank University, on topics including cutting-edge developments in chocolate, current thinking on emulsifiers and how Tesco turned around its fortunes in the bakery department.The evening before, attendees were treated to a session at Bread Ahead’s bakery school in Borough Market learning how to make focaccia and pizza from scratch.Here’s a round-up of some of the key take-home messages from the day.1. Academic studies are shaping the future of healthy bakeryWith the ancient art of bread- and cake-making, it can be easy to overlook the importance of scientific and academic studies in bakery. But they are shaping the sector and are the driving force behind major consumer trends.Some of the key strands of research, according to Professor Paul Berryman, food and drink investment specialist, Department for International Trade, include free-from, reformulation and snacking.“Gluten-free and dairy-free are the two biggest sectors in the free-from market and where we are seeing the biggest growth,” he said, highlighting a grant given to Warburtons to research how to improve the nutritional profile of gluten- and wheat-free products.Unilever, meanwhile, is investigating how improving crops could help to produce improved bread products for those suffering from type 2 diabetes.And, with sourdough’s rise in popularity, gut health is another trend making waves. Oxford-based Modern Baker is at the forefront of this, having received £763,000 in funding to conduct research by using fermented sourdough and producing healthier loaves on a mass-market scale.2. Functional and no-sugar chocolate is gaining paceFun fact: Chocolate has to contain 1% sugar to legally be called chocolate, otherwise it’s a compound, Barry Callebaut’s Beverley Dunkley noted during her presentation. This is increasingly relevant as bakers look to reduce the sugar content in their wares. Even more so because the chocolate supplier is working on exactly that – chocolate with 1% sugar content for launch in September.As demonstrated with brownies, the 1% sugar chocolate, which has yet to be named, still delivers a chocolatey hit for baked goods, but offers significantly lower sugar content when used in the same recipe as its standard 811 chocolate.Dunkley also noted increasing demand for vegan-certified and high-protein chocolate, both areas under development for Barry Callebaut. 3. “Cinnamon buns are the new doughnut…”…well almost, according to Bread Ahead founder Matt Jones, who noted they were on “an upward trend at the moment” proving popular for the London-based bakery.“In the food industry in general, you can do all the mad things, but people always come back to the classics. People know what they are, and are safe with them,” he said.This explains the popularity of Bread Ahead’s over-filled doughnuts as well as its sticky cinnamon buns. And, while others look to make sweet treats healthier, Jones believes in indulgence, suggesting he won’t be looking to reduce the sugar (or gluten) in his recipes any time soon.“We’re known for the naughty stuff,” he said. “That’s why people come to us. We get asked ‘do we have gluten-free options’, but they often buy something else anyway.”4.       Brexit presents opportunities but also challengesFood and drink suppliers exporting baked goods to the EU have been advised to brace for a hard Brexit, due to rules governing the origin of products.But, according to Professor Paul Berryman, it’s not all bad news. Responding to an audience question he said: “Brexit is a mixed bag, to be honest. In terms of exports it’s quite a good time to export because of the weak pound.”Canada and Australia have already been tipped as good export markets for baked goods, with companies including Renshaw and Bells of Lazonby already making headway in the latter. China, India, France and the USA were also highlighted as worth exploring.“If you’re an overseas company planning to invest for the first time in the UK that is a harder sell then before. But you must remember people don’t invest in the UK just because we are a member of the EU,” he added. “They invest because of things like the skills-based experience, the huge market we have and the fact we have good universities and R&D facilities.”5.       Food to go is on the menu at the BSB Autumn ConferenceWith one conference over, another is already on the horizon. Taking place on Wednesday 17 and Thursday 18 October, the BSB 2018 Autumn Conference will be all about food to go.“We’ve tried to build on a growing theme in the bakery fixture, which is out of home,” BSB chairman Paul Turner said. “We have a number of speakers lined up for the Autumn Conference to discuss out of home and the involvement they would like to see from the industry to support that category.”Roberts Bakery MD Stuart Spencer-Calnan and bakery technologist Stan Cauvain have already been confirmed for the conference, which takes place at Heythrop Park Hotel and Resort in Enstone, Oxfordshire.last_img read more

Association prepares for student elections

first_imgSaint Mary’s Student Government Association (SGA) is preparing for elections set to take place at the beginning of March. The Observer reported Monday that SGA introduced a new organizational structure for the 2012-2013 school year. SGA held a meeting Wednesday night for potential candidates running for positions within the new structure in Senate, SGA, Student Activities Board (SAB), Student Diversity Board (SDB), Class Boards and Residence Hall Association (RHA). SGA chief of staff and senior Emily Skirtich gave attendees information about campaigning, highlighting its positive elements. “This should be a fun process for everyone,” Skirtich said. Students were informed about campaign platforms, which students will use to advertise their views, beliefs and why they want to run for office. Any student running for Senate will have their own personal platform, while students with running mates will have one platform for the entire ticket. There are specific guidelines that each candidate must follow in order to participate in elections, Skirtich said. Concerns about election violations, such as vandalizing another candidate’s poster or students voting for their own tickets more than once, were also addressed. All candidates must get approval for all campaign materials by the Elections Committee and the Office of Student Involvement, Skirtich said. For Senate and SGA, the last day to get approval is Feb. 24. Any student planning on running for election on a Class Board, SAB, SDB or RHA must get approval by March 2. Any student who may not get a position in the Senate or SGA still has an opportunity to be involved in one of these activities, Skirtich said. “There are plenty of ways to be involved, so do not be discouraged if you do not get the initial position that you want,” she said. Changes will be made to the voting process to raise awareness, SGA vice president and senior Jacqualyn Zupancic said. SGA has decided to not only send links by email, but also allow students to vote in the Student Center from 8 a.m. to 8 p.m. Another informational meeting will be held tonight at 6 p.m. for interested students. Campaigning for office will begin at the end of February. Voting for SGA and Senate will take place March 1, while voting for Class Boards, SAB, SDB and RHA will take place March 8.last_img read more