Nearly 20% of FTSE 250 Have All-White Boards, Missing Target
Nearly one-fifth of Britain's mid-sized listed companies missed a deadline to have at least one ethnic minority director on their boards, according to a government-backed report.
The Parker Review set a voluntary target for companies in the FTSE 250 to have at least one non-White director by Dec. 31. While 82% met the criteria, the rest failed to do so or did not provide demographic data.
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New York Post
9 hours ago
- New York Post
Manhattan's power scene is back in full force at this luxe new Italian restaurant from Michael White: It's Marea 2.0
Midtown has its pre-pandemic swagger back — and People's Exhibit No. 1 is Santi (11 E. 53d St.), the buzzing new modern-Italian restaurant from celebrated chef Michael White. Its nexus of corporate power, great pasta and fun people-watching make it the area's hottest scene since White's Marea opened in prehistoric 2009. After splitting with the Altamarea group in 2021 due to disagreements over the company's direction, White has spent most of his time launching new venues in Florida. (A consulting gig at the Lambs Club on West 44th Street lasted only a few months in 2022.) 10 Michael White is back in NYC with Santi. EMMY PARK 10 The elegant midtown address was once home to White's Alto. EMMY PARK Santi, launched by his BBianco Hospitality Group with business partner Bruce Bronster, marks his triumphant, full-scale Big Apple return. Marea's still going strong and Midtown has other established, excellent Italian restaurants such as Il Gattopardo, Cellini and Fresco by Scotto. But others faded and the scene needed new blood. Santi delivers it for everyone — from shoppers and museum-goers to a Who's Who of Midtown glitterati. Once home to White's aughts-era hit Alto, the venue has overnight became a haunt where the city's prime movers wheel-and-deal over homemade gnocchi and tagliatelle, and cocktails such as the Fifty-Fifty, which features Taggiasca gin, made with prized Ligurian olives. Santi's pleasures unspool through several main areas designed by Michaelis Boyd, gorgeously lit by L'Observatoire International and festooned with luminous portraits from Bronster's private collection. Each section draws a different crowd. The front dining room, a few steps down from a horseshoe-shaped bar for the after-work, sip-and-flirt set, draws movers and shakers to its semicircular booths and banquettes. It's become a canteen for bankers at market-moving investment firm Jefferies Group and its CEO Rich Handler, who work upstairs. On any given afternoon or evening, you might spot Henry Kravis, Barry Diller or real estate mogul Bill Rudin, who's planning a new skyscraper a few blocks away. 10 Midtown power players are flocking to Santi. EMMY PARK 10 With dishes such a succulent veal chop, Santi's food is worthy of the five Michelin stars that White has earned at previous restaurants. . EMMY PARK Boldfaces such as Eva Longoria and Queen Rania of Jordan have popped in, too. Pop star Beck ordered a comfort dish from heaven — hand-folded tortellini ($36) filled with prosciutto, mortadella, pork and Parmigiano Reggiano, finished in a creamy sea of cheese and butter. A circular staircase leads to the slightly more intimate mezzanine, after passing a huge,1800s mirror that Bronster found buried under a Southampton barn. The upstairs area has attracted art and fashion luminaries such as designers Diane von Furstenberg and Michael Kors and painter Kehinde Wiley. The restaurant's noisiest section is the ground-floor atrium, where light globes suspended from the double-height ceiling suggest a galaxy in formation. On my visits, it drew canoodling couples in the corners and noisy groups of guys at middle tables. Fortunately, new wall fabrics and sound bafflers have begun to soften the din. 10 Amberjack crudo is one of many great seafood dishes. EMMY PARK 10 Gnocchi in tomato sauce is a standout pasta dish. EMMY PARK The menu, executed by the kitchen team of Jason Lin and Sol Han, is worthy of the five Michelin stars White earned at his other places. It boasts splendid seafood, both raw and cooked, like tasty, toothsome amberjack crudo ($32) and pleasingly moist halibut ($55) pan-seared on one side and then poached in extra-virgin olive oil. But the pastas — all original, none replicating White's previous plates — are the crowning glory. 'We've been deliberate about not copying expected dishes because that's not fun or challenging, and our guests deserve more than a rehash of old ideas,' White told me. The sautéed Italian breadcrumbs known as mollica, a White hallmark in the past, are mostly absent, letting the pasta and sauces speak for themselves. 10 Some notable guests, such as musician Beck, favor the booths in the front room. EMMY PARK 10 Beyond the front room is the elegant-but-noisy atrium. EMMY PARK Tagliatelle Ragu ($36), which Wiley has ordered more than once,gets my vote. The coarse-ground beef and pork are gently broken down to a velvety texture by a judicious infusion of milk. My favorite, though, was ricotta gnocchi ($28), lighter than the potato-filled variety and bathed in San Marzano tomato-and-basil sauce — a brave statement when too many chefs shy away from red sauce lest their dishes be mocked as Italian-American dinosaurs. 10 A sweeping staircase leads up to a mezzanine. EMMY PARK 10 The mezzanine dining area is slightly more intimate. EMMY PARK But I miss White's legendary fusilli with braised octopus and bone marrow, his heart-stopping, red-sauce masterpiece at Marea. Per Se's Thomas Keller once called his favorite dish in New York. Is there any chance we'll see it again at Santi? When asked, White smiled and said coyly, 'I'm talking to my chefs about it.'
Yahoo
11 hours ago
- Yahoo
3 Reasons You Should Cancel Your Costco Membership
Costco isn't just a place to pick up your household basics — it's a cult favorite for many loyal shoppers. From food to furniture, Costco has all your needs at competitive prices, but bulk shopping isn't for everyone. While it seems like everyone you know is a fan of this warehouse club, there's plenty of non-Costco members out there. Explore More: Try This: According to a 2023 GOBankingRates survey that polled 1,028 Americans, 42% of respondents said they were not Costco members. As for current members who are on the fence about whether they should keep their membership, here are three reasons why. For years Costco membership prices didn't increase, but in July 2024, the cost of having a membership went up. According to a press release, the prices are now as follows: Gold Star membership is now $65 up from $60. Business membership is now $65 up from $60. Business/Add-on Affiliate membership is now $65 up from $60 Executive membership is now $130, up from $120 The prices certainly didn't skyrocket, but the uptick in cost did turn off some customers and was reason enough to cancel membership. In response to the price hike, Redditor FlyByAngels wrote, 'We are not renewing our Costco membership. We get much better values at Sam's Club and they have scan and go. The cost of Costco items don't warrant paying a high fee to be a member. That is for 2 people. Perhaps those with children at home can save more.' Check Out: In order to justify having a Costco membership, you need to save more money through your purchases than what you spend on your annual membership. 'This means that you buy enough things at prices that are lower than you could get elsewhere, and you don't buy too many things that you would not have otherwise purchased,' explained Annie Hanson, accredited financial counselor® with Mindfully Money. Shopping at Costco works for many people who use the services and make frequent purchases, but assuming that shopping at the warehouse automatically saves you money could put a dent in your wallet. There are times it's not financially worth it. According to Hanson, there are four things that make a membership not valuable: When you add so many extra things to your cart that you hadn't planned to purchased that you end up spending more. When you don't buy enough items that are good prices to make up for the membership cost. When you're a savvy shopper who compares prices, watches for sales and has the time to visit multiple stores. When you buy 2 pounds of strawberries (or other bulk items) that you don't eat and end up throwing away. 'Basically, if you want to save money by shopping at Costco, you have to be intentional: Focus on buying things that you know are good prices, and resist all of the other temptations,' she explained. Anyone can walk in the door at Walmart, Target and other big-box retailers, but Costco is different. You need to flash your membership card to get in, but there are four ways to shop at the warehouse giant without paying for a membership. Go with a friend who has a Costco card. Shop online on Costco's website, but there are some drawbacks. Non-members don't have access to all items and are charged a 5% surcharge, according to Money. Shop with a delivery service like Instacart. Use a Costco Shop Card, which is essentially a gift card that a member must buy. However, according to Costco's customer service FAQs page, non-members can use the card at warehouse locations in the U.S., Canada, or Puerto Rico. It's easy to get sucked into Costco. After all, there are many appealing services, it's convenient and has jammed-packed aisles filled with seasonal items, new grocery drops and must-have household essentials. But it's not ideal for everyone. More From GOBankingRates Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To Buy This article originally appeared on 3 Reasons You Should Cancel Your Costco Membership
Yahoo
12 hours ago
- Yahoo
United Group announces leadership changes following strategic re-focus
Stan Miller appointed CEO to lead United Group as it strategically refocuses its business on EU markets following successful sale of non-EU operations Together with Stan, Libor Voncina appointed deputy CEO, each bring decades of industry experience and proven track record in the European telecoms and media sectors Founder Dragan Šolak and CEO Victoriya Boklag to step down from their current positions LONDON, June 16, 2025 /PRNewswire/ -- United Group BV ("UG"), the leading telecommunications and media provider in Southeastern Europe, majority-owned by leading international investment firm BC Partners, today announces the appointment of Stan Miller as CEO and Libor Voncina as Deputy CEO. As part of these leadership changes, Dragan Šolak, Founder of United Group, and Victoriya Boklag, CEO, will step down from their current roles. The appointment of Stan and Libor reflects United Group's strategic shift towards EU markets, having successfully completed the monetisation of its telecom assets outside of the EU earlier in 2025 through the sale of SBB to E& PPF and the sale of Net TV Plus and its sports broadcasting rights in the Western Balkans to Telekom Srbija. These assets were sold for a combined enterprise value of €1.5bn, reflecting the strategic premium of the business. United Group today serves over 40m customers, delivering c. €3bn in revenue and c.€1bn EBITDAaL across its core markets, underlining the scale and strength of its offering across EU markets. Stan Miller is a proven industry executive with over 30 years' experience and a successful track record in delivering growth in the fast evolving and consolidating European Telecommunications and Media sectors. Over the course of his career, he has held senior management positions, including as CEO of KPN Mobile and former Board Member of Royal KPN, and his experience includes the significant value creation in companies operating across very diverse markets in both Europe and beyond. Libor Voncina, appointed Deputy CEO, has more than 20 years' experience in telecoms, including as former CEO of Telecom Slovenia, KPN Mobile International and Sunrise Communications, where he led the successful IPO of the company on the Swiss Stock Exchange. Nikos Stathopoulos, Chairman, Europe at BC Partners said: "In our six-year partnership with United Group, we have worked together with Dragan and team to quadruple the size of the business and successfully diversify it away from a regional operator into a major European platform with significantly strengthened EU positioning. Following our strategic divestment of UG's non-EU assets, the company today is a focused operator with leadership positions across key high-growth EU markets, where the business offers leading converged mobile and fixed telco services and where we see considerable above-industry growth and further consolidation potential. "With a proven track record of successfully leading and growing European telecom businesses, Stan and Libor are the right executives to lead UG as it executes the next stage of its strategy. We want to thank Dragan and Victoriya for their work in building the business to where it is today and wish them success in their future endeavours." About BC Partners BC Partners is a leading investment firm with €40 billion in assets under management across private equity, private debt, and real estate strategies. Established in 1986, BC Partners has played an active role for over three decades in developing the European buy-out market. Today BC Partners integrated transatlantic investment teams work from offices in Europe and North America and are aligned across our four core sectors: TMT, Healthcare, Services & Industrials, and Food. Since its foundation, BC Partners has completed over 128 private equity investments in companies with a total enterprise value of over €160 billion and is currently investing its eleventh private equity buyout fund. For further information, please visit About United Group United Group is the leading telecommunications and media group in Southeastern Europe. Operating across eight countries with more than 15,000 employees, the Group achieves an annual revenue of over c. €3 billion. In the telecommunications sector, more than 5.42 million households and more than 7.65 million mobile subscribers benefit from the largest FTTH (Fiber to the Home) network in Southeastern Europe, intensive investments in United Group's 5G network, and state-of-the-art fixed and mobile connectivity. Under the United Fiber brand, the Group consolidates its fixed infrastructure asset portfolio to further accelerate and strengthen its investments in EU-based countries by creating strong synergies and bringing its investment capabilities to the next level. Its media arm, United Media, produces and distributes compelling TV content, with major sports, news and entertainment formats, reaching a vast audience of 40 million people through its market-leading free-to-air channels complemented by a compelling portfolio of Pay-TV channels. With a current capacity of producing over 40,000 hours of original local content annually, United Media manages 60 TV channels, 40 web and trusted news portals, more than 10 print editions and radio stations. For further information, please visit: View original content: SOURCE United Group
