Top World News

Tiny cash buffers leave small UK TV firms at risk of going bust, analysis finds

Median £42,000 in reserve not enough to cover filming overrun or delay to series, industry body warnsHundreds of small UK TV companies have so little cash in reserve that a filming overrun or a delay to a series could send them bust, an industry body has warned, as programme budget cuts by broadcasters threaten their future.Analysis of the Companies House accounts filings of more than 200 of the estimated 800 independent TV production companies in the UK by the industry body Indielab has found that 40% face running out of cash within the next two years. Continue reading...

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Ministers propose converting female prison estate into cells for men

Plans would see parts of estate converted but campaigners warn it just ‘moves the crisis from one part to another’Ministers will seriously examine converting parts of the female prison estate into cells that can safely house male prisoners, as the government looks to reduce numbers of women in prison to ease strain on the system.The prisons minister Catherine McKinnell is to look into the practicalities of converting female spaces to male over the coming months, after warnings from governors and experts that it would pose significant challenges. Continue reading...

Jean Nassif’s daughter avoids jail as court hears father ‘pressured’ her to falsify documents for $150m loan

Ashlyn Nassif, daughter of Toplace boss who fled Australia in 2022, had pleaded guilty to providing false or misleading information to obtain loan from WestpacFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe daughter of a fugitive property developer has avoided jail after a Sydney judge said she was “not some sort of proxy for her father”.Ashlyn Nassif, the daughter of Jean Nassif, pleaded guilty in June to providing false or misleading information to obtain the loan from Westpac, which was used to construct three apartment towers in Sydney’s north-west in 2021. Continue reading...

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Liberal operatives discussed whether to buy Porsche or Ferrari with developer’s payments, Icac hears

Rightwing NSW powerbrokers are alleged to have received illegal political donations from fugitive developerFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTwo Liberal operatives traded photos and messages about whether to buy a Porsche or a Ferrari with payments they received for Toplace projects they got approved via a New South Wales government fast-track development process.The Independent Commission Against Corruption on Monday heard more evidence from lobbyist Jeremy Greenwood, a principal of Beckington Consulting, who is alleged to have shared in $2m in payments from the fugitive developer Jean Nassif, owner of the now collapsed Toplace. Continue reading...

Ukraine seeks to seize water company owned by billionaire family of British theatre mogul

Row centres on stake held by Patarkatsishvili family in bottled water firm it jointly owns with Russian oligarchA British theatre impresario and her billionaire family are embroiled in a bitter dispute with Ukrainian authorities seeking to seize a water company they jointly own with a Russian oligarch.The row centres on a 34% stake held in the producer of Ukraine’s biggest bottled water brands by the Patarkatsishvili family, including Liana Patarkatsishvili, who recently worked on an immersive show with Toby Jones and Meera Syal. Continue reading...