Metro Bank shares rise after board avoids full-blown shareholder rebellion

first_img Tags: Trading Archive Callum Keown The smattering of shareholders in attendance did not ask any questions, while the majority of investors stayed at home.Donaldson apologised and described the events of recent months as a “humbling and chastening experience.”Hill said 2019 has been “somewhat of a challenge with a few ups and downs.”A small group of investors told City A.M. they had been hoping for more.Small shareholder Michael Johnston said: “It was appalling, I wanted a full explanation and assurances that it won’t happen again. whatsapp Metro Bank shares have continued to recover this morning rising more than eight per cent after the board avoided a full-blown shareholder rebellion.A number of directors, including chairman Vernon Hill, had been under threat ahead of yesterday’s annual meeting following a major loans blunder earlier this year. The challenger bank was forced to tap up investors for extra cash through a discounted share placing and is still facing ongoing regulatory probes.Some shareholder advisory groups had urged investors to block the re-elections of Hill, chief executive Craig Donaldson and a number of other directors.ISS said accountability for the loans error sat with Hill, Donaldson, Bernau and Lockhart but noted regulators were still investigating, advising investors to abstain.Pirc and Glass Lewis called for shareholders to block Hill’s re-election over payments to his wife’s architecture firm Interarch.Ahead of the meeting the bank promised to drop Shirley Hill’s company as a supplier by the end of 2020 in a bid to quell investor dissent. Read more: Disgruntled Metro Bank shareholders revolt over loans blunderInvestors sent a clear message as more than 28 per cent voted against the re-election of two directors in charge of risk: Stuart Bernau and Eugene Lockhart.Hill also survived but 12 per cent voted against his re-election, up from the 3.7 per cent who rebelled against him last year.The bank’s share price, which hit all-time lows of 475p before a successful £375m capital raise last week, continued its recovery this morning climbing eight per cent to 763p.Shares have still fallen 65 per cent since the bank admitted in January that a swathe of commercial loans had been wrongly classified and should have been among its risk-weighted assets. Wednesday 22 May 2019 11:34 am whatsapp Share Metro Bank shares rise after board avoids full-blown shareholder rebellion “Instead they filed in like a football team, held the meeting and filed out like a football team.”Read more: Metro Bank shares surge after £375m emergency cash callHe added: “Not only have our shares lost value but they have been diluted by a share placing that completely bypassed small shareholders.“Yet all of the board increased their stake at a discounted price.”Another said: “I’m not happy at all – they should have anticipated an accounting error like that and this should never have happened.”last_img read more

Trade groups threaten legal action over post-Brexit customs system

first_img whatsapp whatsapp Stefan Boscia Trade bodies expressed their concern that the new Trader Support Service, which will see the government act as a customs agent on behalf of traders, will ruin firms that offer customs brokerage services. An HMRM spokesperson said: ” “The TSS will provide unprecedented support to all businesses engaging in new processes under the Northern Ireland Protocol and its announcement has been warmly received by them. Show Comments ▼ Cabinet Office minister Michael Gove said it would help protect post-Brexit trade flows between Great Britain and Northern Ireland when the UK leaves the EU’s customs union on 1 January next year. Trade groups are now reportedly weighing up a legal challenge to the system in order to protect firms they represent. “We are running a transparent and open procurement process to identify a bidder capable of delivering this and will ensure a service that is fully compliant with the law. We are engaging actively with stakeholders as part of this process.” Freight lorries prepare to leave the Port of Dover after disembarking from a cross-channel ferry, in Dover on the south coast of England on June 12, 2020. – Britain will apply “light-touch” border checks on goods from the European Union when the Brexit transition period ends this year so as to help firms hit by the coronavirus crisis, reports said Friday. Ministers have ditched plans to introduce a more rigorous regime following pressure from businesses struggling with the fallout from the pandemic, according to the Financial Times and the BBC. (Photo by Ben STANSALL / AFP) (Photo by BEN STANSALL/AFP via Getty Images) center_img Share Freight lorries prepare to leave the Port of Dover after disembarking from a cross-channel ferry, in Dover on the south coast of England on June 12, 2020. – Britain will apply “light-touch” border checks on goods from the European Union when the Brexit transition period ends this year so as to help firms hit by the coronavirus crisis, reports said Friday. Ministers have ditched plans to introduce a more rigorous regime following pressure from businesses struggling with the fallout from the pandemic, according to the Financial Times and the BBC. (Photo by Ben STANSALL / AFP) (Photo by BEN STANSALL/AFP via Getty Images) Also Read: Trade groups threaten legal action over post-Brexit customs system Freight lorries prepare to leave the Port of Dover after disembarking from a cross-channel ferry, in Dover on the south coast of England on June 12, 2020. – Britain will apply “light-touch” border checks on goods from the European Union when the Brexit transition period ends this year so as to help firms hit by the coronavirus crisis, reports said Friday. Ministers have ditched plans to introduce a more rigorous regime following pressure from businesses struggling with the fallout from the pandemic, according to the Financial Times and the BBC. (Photo by Ben STANSALL / AFP) (Photo by BEN STANSALL/AFP via Getty Images) Also Read: Trade groups threaten legal action over post-Brexit customs system The Sunday Telegraph reports that trade bodies clashed with HM Revenue and Customs (HMRC) at a meeting of its customs experts panel. The government’s new post-Brexit customs system may face a legal challenge, after trade bodies have complained it will distort competition. Trade groups threaten legal action over post-Brexit customs system The British International Freight ­Association told The Telegraph that its members “were fuming” that there would be no compensation for losing customs brokerage revenues. The Trader Support Service will be operational from next month and will be free at the point of use. Sunday 16 August 2020 3:40 pmlast_img read more

Aligning CGT with income tax would be a mistake, warns Andersen’s tax head

first_img Tags: Tax However, Miles Dean, tax expert and head of international tax at Andersen in the UK, warns that aligning CGT with income tax “is not the answer.” Michiel Willems Also Read: Aligning CGT with income tax would be a mistake, warns Andersen’s tax head “Indeed, the UK has myriad anti-avoidance rules to prevent income being repackaged as gains – and these provisions work. To suggest this will help plug the hole left by the knee-jerk response to Covid is shortsighted and doesn’t take into account the first order consequence – that people will leave,” Dean concluded. “Aligning gains with income will result in wealthy foreigners shunning the UK, wealthy Brits leaving and the Conservatives signing their own death warrant,” he said. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Also Read: Aligning CGT with income tax would be a mistake, warns Andersen’s tax head “The case for lower rates of tax on capital gains is that the asset that produces the gain is more often than not acquired using taxed income. To then tax the gain at income tax rates is pernicious given that the capital has been tied up, [it] isn’t at the disposal of the individual),” Dean told City A.M. Instead, Rishi Sunak should increase capital gains tax rates in order to reel in an extra £14bn, according to the Office for Tax Simplification, as it released its findings following a review ordered by Sunak earlier this year. The OTS proposes that Sunak brings CGT in line with income tax rates.   “The panic appears to be about income being converted into capital gains, so introducing an overarching targeted anti-avoidance rule to replace the impenetrable morass of the current rules,” Dean said. UK less attractive Thursday 12 November 2020 3:59 pm whatsappcenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAll Things Auto | Search AdsBuick’s New Lineup Is Truly StunningAll Things Auto | Search AdsUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoBuzzdaily Winners3 Steps To Tell A Slot is Close To Hitting The JackpotBuzzdaily WinnersUndoMoneyMorningPaperThe 10 Richest Families Of The World. Especially No. 6 Is A Complete Surprise.MoneyMorningPaperUndolivestly.comThis Is What The Black Diamond On A Measuring Tape Meanslivestly.comUndoFoodmzIf You Eat 3 Dates Every day For 1 Week This Is What Happens To Your BodyFoodmzUndoGardensTricks.comHe Wraps a Slice of Bread Around His Foot And Then This HappensGardensTricks.comUndoScalp Psoriasis SearchCommon Symptoms of Scalp PsoriasisScalp Psoriasis SearchUndoHome TricksA Genius Trick to Make Your Towels Feel Super SoftHome TricksUndo Dean pointed out that “it is clear” that most countries agree that gains should not be taxed at income tax rates.  In July, Sunak ordered a review of the tax – which is charged when someone sells an asset for profit – as a potential way to claw back revenues after spending more than £200bn on the pandemic. The report is non-binding for the chancellor and his Treasury allies have already distanced Sunak from the report. The government’s tax advisory body published yesterday a highly anticipated report into capital gains tax, concluding that the current rules are ‘counter-intuitive’ and create ‘odd incentives’ in several areas. Share Capital gains tax, which is not charged when someone sells their primary residence, is currently levied at 10 per cent for people in lower income tax brackets and 20 per cent for those in higher income tax brackets. The OTS suggested Sunak should double both of these rates to bring them in line with income tax rates. whatsapp Aligning CGT with income tax would be a mistake, warns Andersen’s tax head  “There is no sensible case to tax gains at the same rates as income. Instead, level down and align income tax rates with CGT,” he added. Show Comments ▼ If Sunak were to implement the recommendations, Dean warns that the changes to the taxation of non-domiciled individuals make the UK less attractive for foreign investors and less attractive for UK individuals to stay here. last_img read more

Is drinking coffee bad for you? Three or four cups a day can help fend off disease

first_img Tags: NULL Sarah Spickernell Friday 14 November 2014 12:53 pm Show Comments ▼ whatsapp Sharecenter_img For years, it has been ground into us by health experts that coffee is bad for our health.  But it turns out that the drink could actually help fend off certain diseases, as long as it’s consumed in moderation.  A new report by the Institute for Scientific Information of Coffee has shown that regularly drinking three to four cups of coffee a day can reduce risk of type 2 diabetes by 25 per cent. Consuming less than two cups a day didn’t have any real impact, however, and it didn’t seem to be caffeine that was having the effect – the reduction was observed for both caffeinated and decaffeinated versions of the drink.  Previous research by the institute has revealed a similar effect, with each additional cup of coffee a day reducing risk of the disease by between seven and eight per cent.  This is no small advantage that coffee offers – diabetes currently afflicts 380m people worldwide and the number is increasing. The economic burden of the metabolic disorder amounts to $548bn (£350bn), making it one of the most expensive diseases to deal with.  So all in all that’s good news for coffee-lovers! Now you can enjoy your favourite beverage in peace, and do away with the guilt you have been taught to feel. Is drinking coffee bad for you? Three or four cups a day can help fend off disease whatsapp last_img read more

News / Air freight rates continue their descent as more options reappear for shippers

first_imgBy Alex Lennane 16/06/2020 Air freight rates have fallen sharply over the past week, continuing the recent slide.The TAC Index published its latest charts today, showing China to Europe falling $1.06 – with Shanghai to Frankfurt dropping the most, by $1.68.China to the US fell $0.57, with Hong Kong overtaking Shanghai in pricing.Freight Investor Services (FIS) revealed that its forward curve for June showed prices would drop $0.50 from China to Europe, and down $0.55 from China to the US, and say it will continue trailing down into August. FIS commented: “We start to see some of the winners and losers of the market as prices spool down, still held up in certain regions (Shanghai to Amsterdam bounces back slightly against the market trend to $5.04 off of the back of fixed-price contracts, and prices into London are held up).“As we slowly creep towards renewed downstream demand for consumer goods, the container market kicks into action, diversifying the options for transport along Asia Pacific routes. Across the Pacific, threats of trade war escalation, the scrapped Chinese airline ban and a potential second wave in Beijing rock a number of fundamental drivers for growing non-medical cargo.”Meanwhile, Accenture’s Seabury noted that capacity in the week ending June 6 was down 27% year on year.center_img You can see all the TAC charts for the week here.last_img read more

Canadian IPO market still struggling in second quarter: PwC

Canada’s IPO market topped $2B in 2018 With 12 IPOs registered on the TSX Venture and five on the CNSX, the total number of new equity issues in the second quarter reached 17 with a total value of $199 million. The 32 new issues on all Canadian exchanges in the first half of 2012 generated $220 million in new equity, a significant drop from the first half of previous year. By comparison, there were 34 IPOs on Canadian exchanges in the first half of 2011 with a value of $1.4 billion. The European debt crisis, a global softening of commodity prices and the resultant market volatility conspired to keep both issuers and investors on the sidelines, says Dean Braunsteiner, PwC national IPO services leader, while the controversial Facebook IPO in the U.S. failed to ignite interest in the technology sector during the quarter. “The interest in REITs is testimony to the enduring appeal of the yields from real estate, and the single bright spot in the second quarter,” Braunsteiner observes. “But sagging commodity prices and the recent slide in the price of oil have made it very difficult for companies in those normally active sectors to plan new issues. Caution will be the watchword for the next few months.” A PwC survey of U.S. equity markets showed a sharp decline in IPO activity at the end of the second quarter. Braunsteiner notes, “While the U.S. market slowed abruptly at the end of the quarter, that hasn’t dimmed optimism there.” Braunsteiner concludes, “There are still some significant IPOs in the pipeline in the U.S. The challenge for them and for the new issues we see coming in Canada, will be timing.” Facebook LinkedIn Twitter TSX streamlines corporate takeovers Related news IE Staff Share this article and your comments with peers on social media Keywords Share offerings The quarterly survey of Canadian equity markets by PwC revealed only two new issues on the Toronto Stock Exchange (TSX), leaving the Canadian market for initial public offerings (IPOs) stalled in the second quarter of 2012. The two issues on the TSX in the second quarter, with a total value of $185 million, were both real estate trusts. They were the only IPOs on the TSX in the first half of 2012, the PwC survey showed. Diversity in offerings, exchanges highlights Canada’s Q3 IPO market read more

Australian regulators eye possible rate decision leak

first_img The regulator says that its investigation will look at trading in the currency prior to the release of the central bank’s statement detailing its latest interest rate decision, which left its benchmark rate at 2.25%, and indicating that further easing may be warranted in the months ahead amid weak economic growth and falling commodity prices. The ASIC says that it is also investigating foreign exchange movements shortly before the RBA rate decision announcements in February and March. Australian securities regulators are investigating a possible leak ahead of the release of recent interest rate decisions by its central bank, the Reserve Bank of Australia (RBA). The Australian Securities and Investments Commission (ASIC) said today that it will “investigate a spike in the Australian dollar shortly before the Reserve Bank’s monetary policy decision today.” James Langton Keywords Australia Facebook LinkedIn Twitter Related newscenter_img Share this article and your comments with peers on social media New bill will give greater penalty powers to ASIC ASIC scolds firms for slow reviews of systemic advice failures Australia promises sweeping reform to address rampant industry misconductlast_img read more

Literacy Champion Wins Top Education Excellence Award

first_imgLiteracy Champion Wins Top Education Excellence Award VIC PremierA secondary school teacher improving literacy rates in VCE students has taken out Victoria’s top public education prize, honoured by the Andrews Labor Government as one of 14 Victorian Education Excellence Awards winners.Minister for Education James Merlino today announced the winners of the 2020 education excellence awards as part of a special online ceremony, recognising inspirational teachers, principals and education support staff who improve schools and support children and young people.Five individual awards, six team awards and three specialist awards were given, with winners chosen from a shortlist of 41 finalists.The award’s top prize, the Lindsay Thompson Award for Excellence in Education, went to Mordialloc College teacher Andrew McConchie for driving improvements in reading and writing through the introduction of a whole-school literacy program, which saw improved VCE English and NAPLAN results.Andrew also won the Outstanding Secondary Teacher Award.Princes Hill Primary School principal Esme Capp won the Outstanding Primary Principal Award for her work in using research to improve teaching outcomes, while Camberwell High School principal Jill Laughlin won the Outstanding Secondary Principal Award for her work in becoming a STEM school leader one of three P-TECH (Pathways in Technology) schools in Victoria, specialising in cybersecurity.Kangaroo Flat Primary School, Swan Hill Primary School, Cobram Primary School, River Gum Primary School and Preston High School were also honoured for education excellence.Winners in all categories are awarded professional development grants of up to $25,000 to support their work in schools.Andrew McConchie also received a further $20,000 grant as the winner of the Lindsay Thompson Award. The live-streamed awards ceremony was co-hosted by The Project’s Gorgi Coghlan and included live crosses to the 41 finalists.From 2021, the Outstanding Secondary Principal Award will be renamed the Colin Simpson Outstanding Secondary Principal Award to honour the one of the Victoria’s most outstanding and influential secondary principals.Colin was the founding principal of Richmond High School and a long-serving principal of the Victorian College of the Arts Secondary School. He was regarded as one of Australia’s leading arts educators. More information about the awards and winners is available at www.education.vic.gov.au/veeaAs stated by Minister for Education James Merlino“This year’s winners have shown excellence and dedication in improving the educational outcomes for Victorian students and are well deserving of this recognition.”“We are building the Education State, where every student can access a great local school and get a great education. This includes having great teachers at the forefront of our classrooms to help young people thrive.”2020 Victorian Education Excellence Award winnersLindsay Thompson Award for Excellence in Education: Andrew McConchie (Mordialloc College)Excellence in Physical Education and Activity Award – Primary Teacher: Ben Clark (Antonio Park Primary School)Excellence in Physical Education and Activity Award – Secondary Teacher: Mitch Crowley (Hazel Glen College)Outstanding Business Manager Award: Matthew Smitten (Bacchus Marsh Primary School)Outstanding Primary Teacher Award: Averil Mitchell (Hampton Park Primary School)Outstanding Secondary Teacher Award: Andrew McConchie (Mordialloc College)Outstanding Primary Principal Award: Esme Capp (Princes Hill Primary School)Outstanding Secondary Principal Award: Jill Laughlin (Camberwell High School)Dr Lawrie Shears Excellence in Global Teaching and Learning Award: Richmond West Primary SchoolOutstanding Education Support Team Award: Latrobe Valley Flexible Learning OptionOutstanding Inclusive Education Award: Kangaroo Flat Primary SchoolOutstanding Koorie Education Award: Swan Hill Primary SchoolOutstanding School Improvement Award: Cobram Primary SchoolOutstanding Provision for High-Ability Students – Primary: River Gum Primary SchoolOutstanding Provision for High-Ability Students – Secondary: Preston High School /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, building, business, children, cybersecurity, education, Government, Minister, outcomes, research, Richmond, secondary school, stem, students, Swan Hill, Victorialast_img read more

Tower Mall vaccination site appointments opened to anyone eligible

first_imgTower Mall vaccination site appointments opened to anyone eligiblePosted by ClarkCountyToday.comDate: Thursday, March 4, 2021in: Newsshare 0 The county had previously been reaching out to people on its vaccination waitlistVANCOUVER – Public Health is opening appointments for COVID-19 vaccination at the Tower Mall site to anyone who is eligible in Phase 1a or Phase 1b Tier 1.blankClark County Public Health is opening up appointments for the Tower Mall community vaccination site to anyone eligible in Phase 1A or 1B Tier 1. File photoOver the last several days, Public Health has sent emails and called people who are on the county’s referral list to offer appointments at the Tower Mall vaccination site. However, many offers have gone unanswered and appointments remain unfilled.In order to ensure that every available dose of COVID-19 vaccine is administered, Public Health is making the link available to anyone who is eligible. Visit the Safeway/Albertsons website to schedule an appointment: https://kordinator.mhealthcoach.net/vcl/VancouverTowerMall. Appointments will likely fill up quickly.   You will receive a confirmation email from Safeway after scheduling your appointment. Your second-dose appointment will automatically be scheduled for three weeks later at the same time, day of the week and location. Please ensure the time and day of week you select will work for your first- and second-dose appointments. Vaccines are free.The vaccination site will operate 8:30 am to 4:30 pm Friday, Saturday, Monday and Tuesday and offer drive-thru and walk-up options in the Tower Mall parking lot, 5403 E. Mill Plain Blvd, with vehicle entry off Blandford Drive. Appointments are required. People who visit the site without an appointment will not be vaccinated.Those with appointments should arrive no more than 10 minutes before their appointment time. Arriving too early can cause traffic backups and longer waiting times.Drivers should enter the site off North Blandford Drive between MacArthur Boulevard and Mill Plain Boulevard and exit onto North Devine Road. Walk-up patients will enter the site off East Mill Plain Boulevard between Blandford Road and Divine Road. Follow the directional signs for COVID-19 vaccine.The Tower Mall vaccination site is a collaboration between Clark County Public Health, the city of Vancouver and Safeway. COVID-19 vaccine is provided by Safeway through the Federal Retail Pharmacy Program. Safeway pharmacists will administer Pfizer vaccine, with support from Clark County Public Health. No vaccines will be stored on site outside of normal operating hours. The city of Vancouver is providing non-medical staff to assist with site operations.Anyone who received an email invitation from Public Health and was unable to schedule an appointment can reply to the email indicating they still need a referral and Public Health will contact them when additional appointments are available.Clark County Public Health provided information for this reportAdvertisementThis is placeholder textTags:appointmentsClark CountyClark County Public HealthCovid-19LatestnewsscheduleTower MallvaccinevaccinesVancouverWashingtonshare 0 Previous : Vancouver City Council members take VPD Drug Task Force to task during public work session Next : Battle Ground School Board selects Mary Snitily as new District 1 directorAdvertisementThis is placeholder textlast_img read more

Trivia Bowl Promotion In UMC Dining Area To Preview April Event

first_imgSeveral pre-bowl events are scheduled this month in preparation for the return of CU-Boulder’s Trivia Bowl April 2-6, including mock Trivia Bowls March 13 and 21 and a seeding test March 18 to match teams competitively for the five-day bowl. On March 13 and March 21, the University of Colorado Student Union’s Program Council will preview the fun and excitement of the Trivia Bowl with mock bowls in the University Memorial Center dining area across from Baby Doe’s. The mock bowls are designed to reintroduce students to the Trivia Bowl after an eight-year hiatus and to provide actual experience of the event through participation. “This is an opportunity for students to get hands-on experience of the event, something they couldn’t get through just reading about it,” said Gabi Olivares, Program Council director. A series of 15-minute rounds of competition will take place every hour from 11 a.m. to 1 p.m. Students will be randomly selected from the audience to participate against a Program Council team. Students are encouraged to come and test their trivia knowledge and to get a sense of what is coming in April when the CU Trivia Bowl returns to the Glenn Miller Ballroom. In the seeding test, at 4 p.m. March 18 in the Alferd Packer Grill, the 12 Trivia Bowl judges and Program Council staff will administer a trivia test to all applicable teams to determine the competition structure. The written test will be given to individual teams to determine skill level. Four members of each team may take the test together and team members may collectively pool their knowledge to do their best on the test.The test covers a full range of trivia as defined in the Trivia Bowl rules. The questions will range from easy to hard to obtain a wide distribution of scores. Teams will be paired according to scores to encourage strong competition late in the tournament. Following tabulation of the test scores, a competition schedule will be published with actual team names. The schedule will be published through local media, posted at the UMC in the Alferd Packer Grill and reproduced in the event program. Failure to take the test could result in a poor draw for the team. Teams are encouraged to attend to assure a better place in the competition structure. For more information on the test or the mock bowls, contact Gabi Olivares at (303) 492-7704. Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: March 6, 2001 last_img read more