Day: 3 July 2020

PRCA Board approves ‘more robust’ Public Affairs Code

Stuart Mitchell

The PRCA Board of Management has approved amendments to the PRCA Public Affairs Code. The amendments aim to provide more clarity around the employment of politicians and the use of privileged information. These changes were introduced following a consultation period during which members were invited to share their views on how the PRCA Public Affairs code was functioning and whether any changes should be made. The majority of members (67%) felt that the Code was fit for purpose, however some members felt that the Code could provide more clarity around…

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MITTOC – The Projected Economic Impact of Covid-19 on the UK Creative Industries report

Stuart Mitchell

The Creative Industries Federation has today warned of a “cultural catastrophe” as newly commissioned research from Oxford Economics reveals that the UK’s creative industries are on the brink of devastation. The UK’s creative sector was previously growing at five times the rate of the wider economy, employing over 2 million people and contributing £111.7 billion to the economy – more than the automotive, aerospace, life sciences and oil and gas industries combined. The new report, The Projected Economic Impact of Covid-19 on the UK Creative Industries, projects that the creative…

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Charities are facing a £12.4bn shortfall in income for the year due to impact of coronavirus

Stuart Mitchell

The Chartered Institute of Fundraising (IoF) and Charity Finance Group (CFG) say that charities are facing a huge predicted loss to their income as they continue to grapple with the impact of the coronavirus pandemic and continued social distancing measures. The analysis comes following the publication today of the results of a recent survey of charities reporting financial loss and reforecasting of income for the year ahead. On average, respondents to that survey reported that they were expecting a reduction of 24% to their total income for the year, which…

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FareShare and XPO Logistics join forces to help feed country’s most vulnerable during pandemic

Stuart Mitchell

FareShare, the UK’s biggest food charity, has teamed up with XPO Logistics, a leading global provider of transportation and logistics solutions, to run two new national distribution centres which have so far delivered enough food to provide almost 10 million meals for vulnerable people through the pandemic. “With millions more people now struggling to access food as the result of the crisis, it has never been more vital to pull together to ensure the most vulnerable in our society don’t fall through the gaps. Thanks to partners like XPO Logistics…

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Procter & Gamble and Cargill collaborate to bring nature-powered innovation, fueling the future for more sustainable products

Stuart Mitchell

An innovation developed in the corporate R&D labs at P&G that converts lactic acid into bio-based acrylic acid could be a helpful step to shift everyday goods to be made from annually renewable crops. P&G has granted Cargill an exclusive license that allows Cargill to further develop and commercialize this technology, so that it can ultimately be incorporated in a range of applications from superabsorbent polymers in absorbent hygiene products to thickeners in household paints and beyond. The use of bio-based acrylic acid is estimated to reduce greenhouse gas (GHG)…

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