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Reach CEO Jim Mullen: If government advertises with us, we’ll employ more reporters

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Reach CEO Jim Mullen: If government advertises with us, we'll employ more reporters

The chief executive of Reach, the UK’s biggest commercial news publisher, has pledged to hire more journalists if the Government spends more on advertising within the industry.

In 2022 the previous Government spent less than 3% of its advertising budget with local news media versus 17% with Google and Facebook, according to industry body the News Media Association.

Speaking at Press Gazette’s Media 100 breakfast event in London on Thursday, Jim Mullen shared an offer he has made with the new Labour Government.

“What we’ve said to the government is, we don’t want a handout, right? Publishers shouldn’t look for handouts – if you do, you’re compromised anyway. So we will come to you and say, actually, give us a fair share of the ad revenue you give to the platforms… and put it into our local and regional news sites. And if we get that to us, I’ll put more journalists on the ground. So that’s the deal that is there.

“The amount of money that goes into the likes of Meta and the platforms – give it to us to put into the [Liverpool] Echo, give it to Newsquest to get into their regionals, put it in National World, and I can’t speak for them, but if that went to us, then there would be more journalists on the ground the day that that decision is made. I mean, what a deal.”

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Mullen later added: “We don’t want to see advertising going into platforms, because they’re not making a commitment to invest in journalism. We will put journalists in the newsrooms if we get the revenue…”

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Mullen said Keir Starmer’s Government is “very smart with this idea that news should be free at the point of access”.

‘Paywalls don’t work for us’

He spoke passionately about the idea that publishers like Reach should not paywall their content. Two days earlier CNN, the biggest news website in the US, announced plans to implement a metered paywall.

One of the UK’s biggest news websites, Mail Online, has also implemented a part paywall in the past year with about ten to 15 stories per day allocated to paying subscribers only.

Asked if Reach had looked at doing anything similar, Mullen said: “We have a responsibility to shareholders to look at all the ways we can increase value for the company, so we’ve run multiple tests on paywalls on some of our titles, and it just doesn’t work for us.”

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However, he said there is a “fundamental reason” he is against paywalls: “I think you have to be really careful what you want your country to be… What environment, society do you want to live in where in order to get news, to inform your opinions whether it’s about right-wing protesters coming in from outside your community, whether it’s about social housing that’s not working, whether it’s about NHS Trusts where you can’t get your breast scan, you have to pay for that to make a decision.

“It’s always put to me pretty quickly that other publishers and other nations are doing it and that’s a good thing. Is it? Is that a good thing?”

Mullen added that he did not want to live in Scandanavia or Germany “where you need to pay for your news. This is Britain. We have a different approach to it… if you do pay for your news and you can’t afford to get it and you don’t know what decisions are getting made in your local NHS Trusts, and you don’t know what decisions are being made in the local councils, is it any surprise that people feel that they’re not involved?” he asked, issuing a warning about the rise of extremist views.

Addressing the room of senior publishing leaders, Mullen continued: “I’m not judging anyone else’s business models, there are a few publishers in here that I subscribe to, but I’m lucky, I can afford to do it, and some of the stuff I subscribe to is brilliant, and I’m willing to pay £9.99 for it.

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“But don’t assume it’s the norm, because if we don’t have free local news in these communities, then we’re diluting democracy.”

‘Why is the BBC doing brownie recipes?’

Unlike many countries, the UK does have a free-to-air (though licence-fee funded) news provider in the form of the BBC.

Mullen repeated calls made by numerous commercial news publishers that the BBC is “overreaching” to the detriment of commercial news publishers.

“The BBC’s quite clear: it should be producing very specialist news and content that is not covered by commercial news publishers, because, luckily, we live in at least a partial free market… I think the country would be a lesser place without the BBC, but I think it’s overreached.”

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He cited the example of Reach, Newsquest and BBC sites all publishing brownie recipes. At Reach, Mullen said, selling advertising on recipes funds the journalism done by the likes of the Liverpool Echo. “Why is the BBC doing brownie recipes?”

Users should see ‘gradual reduction’ in number of ads on Reach sites in next few years

Asked about the high advertising load on Reach websites, Mullen blamed the longstanding pension fund deficit and legal costs for phone-hacking claims for the need to show so many ads.

pension fund agreement for Mirror Group Newspapers agreed a year ago means the deficit will be removed via payments of £46m each year until January 2028, while the dismissal of hacking claims on time limitation grounds last year means cases that began after October 2020 are now likely to be dismissed unless there are exceptional circumstances.

Mullen said these issues meant “we need to put a certain amount of ads on our pages.

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“All that money is paid off in 2028 so we should see a gradual reduction. We’ve already launched a new platform which has managed the latency of it, which is on some of the regional titles, the Liverpool Echo, you will notice a difference, but over the last couple of years, it was pretty packed, and that is gradually getting better now as our obligations go down and as the investment in new technologies shows…”

Reach now has 12 million registered customers (people who have shared some personal data such as their email address) in total but nine million who have given permission to be served content every day, for example through a newsletter.

Mullen said Reach is “building relationships on a single line of content that people are interested in” giving the example of topics like Arsenal, cooking or gardening in the autumn, adding that “all we need” is “five, ten, 12 minutes a day” of people’s time in order to sell to advertisers at a higher yield.

He said in the Reach annual report published earlier this year that “the return on data-driven advertising is currently ten times more valuable than volume-related programmatic advertising returns”.

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Government pledges nearly £22bn for carbon capture projects

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Government pledges nearly £22bn for carbon capture projects
Darren Staples/PA Sir Keir Starmer makes a speech in front of a wooden podium. He has his hand clenched. He is wearing a suit and navy tie. Rachel Reeves, in a blue shirt and suit jacket, and Ed Miliband, in a red tie and white shirt and navy suit, look on during a tour of a factory in Cheshire.Darren Staples/PA

The prime minister made the announcement on a visit to to the North West with Rachel Reeves and Ed Milliband

The government has pledged nearly £22bn for projects to capture and store carbon emissions from energy, industry and hydrogen production.

It said the funding for two “carbon capture clusters” on Merseyside and Teesside, promised over the next 25 years, would create thousands of jobs, attract private investment and help the UK meet climate goals.

Sir Keir Starmer, who is to visiting the north-west of England with Chancellor Rachel Reeves and Energy Secretary Ed Miliband to confirm the projects, said the move would “reignite our industrial heartlands” and “kickstart growth”.

But some green campaigners have said the investment would “extend the life of planet-heating oil and gas production”.

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‘Game-changing’

Carbon capture and storage facilities aim to prevent carbon dioxide (CO2) produced from industrial processes and power stations from being released into the atmosphere.

Most of the CO2 produced is captured, transported, and then stored deep underground.

It is seen by the likes of the International Energy Agency (IEA) and the Climate Change Committee as a key element in meeting targets to cut the greenhouse gases driving dangerous climate change.

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Despite Miliband first announcing plans to develop carbon capture projects for power plants in 2009 during the last Labour government, little progress has been made since in the UK.

Speaking at a glassmaking factory in Cheshire, Sir Keir said: “For our energy intensive industries like glassmaking here, or cement, or steel, or ceramics, you are familiar with these, the security that the future belongs to them.

“That the necessary mission of decarbonisation does not mean de-industrialisation. This if you like, is the politics of national renewal in action.”

Speaking to the Today programme, Miliband said the project was “essential if we are to decarbonise without industrialising”.

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He said: “This is a government willing to invest in the future of Britain to create good jobs of the future, as the good jobs used to exist in coal but this is a new era for Britain and a new set of good jobs bringing us energy security.”

He paid tribute to the end of coal-fired energy production in the UK, saying: “If Monday was the end of an era, today with this government’s decisions a new era begins.

“Carbon capture and storage, a new industry, a new generation of good jobs in our industrial heartlands.”

Getty Ed Miliband, Rachel Reeves and Keir Starmer stand in high-vis yellow jackets with a backdrop of water behind themGetty

Ed Miliband, Rachel Reeves and Keir Starmer visit Teesside earlier this year, where one of the promised clusters will be stationed.

Up to £21.7bn will subsidise three projects on Teesside and Merseyside to support the development of the clusters, including the infrastructure to transport and store carbon.

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It will also support two transport and storage networks carrying captured carbon to deep geological storage in Liverpool Bay and the North Sea.

The government said the move would give industry confidence to invest in the UK, attracting £8bn of private investment, directly creating 4,000 jobs and supporting 50,000 in the long term.

It will also help remove 8.5 million tonnes of carbon emissions each year, officials said.

The projects are expected to start storing captured carbon from 2028.

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Graphic demonstrating how carbon capture works. It shows a power station on one side and the sea on the other. Underneath there are tunnels showing natural gas going up and in and carbon dioxide coming out and being stored under the North Sea.

Last year the Conservative government announced £20bn plans for carbon capture, but Labour said it had never committed any cash.

In her strongest indication yet of a significant increase to levels of state investment, the chancellor said contracts such as this were never signed by the previous government because it did not prioritise capital investment – which is money spent on items such as buildings, equipment, and IT.

Reeves added: “This game-changing technology will bring 4,000 good jobs and billions of private investment into communities across Merseyside and Teesside, igniting growth in these industrial heartlands and powering up the rest of the country.”

Emma Pinchbeck, chief executive of Energy UK, described carbon capture, utilisation and storage as a “tool in our armoury of technologies which we need to decarbonise parts of energy that we currently can’t do with clean electricity”.

James Richardson, acting chief executive of the Climate Change Committee, said: “It’s fantastic to see funding coming through for these big projects.”

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However Greenpeace UK’s policy director, Doug Parr called for spending instead on offshore wind or nationwide home insulation.

He said £22bn was “a lot of money to… extend the life of planet-heating oil and gas production.”

Meanwhile Friends of the Earth said the government should be spending the money insulating people’s homes, not on a technology it said would just extend the lifespan of the fossil fuel industry.

But Miliband questioned what the alternative was to carbon capturing.

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He said: “Just take net-zero Teesside, that provides us a gas-fired power station but capturing the carbon, now what’s the alternative to that, because that provides low carbon, a flexible power generation when the wind doesn’t blow or the sun doesn’t shine – but the alternative is unabated gas”.

He added the UK needed “all the technologies at our disposal” as the “backbone of our system will be renewables”.

The Merseyside and Teesside projects are part of several announced in 2023 to capture and store 20-30 million tonnes of CO2 a year by 2030.

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How Painting Happens — Martin Gayford’s guide to the artist’s mind

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The artist Sir Howard Hodgkin had his studio in an old dairy close to the British Museum in London. Instead of the rattling of milk bottles, there was a contemplative silence in which his unfinished canvases faced the wall, some of them for years on end. They were that rare commodity, works of modern art that the public actually liked.

Lucian Freud planted his easel on bare floorboards, surrounded by piles of soiled rags and with gouts of paint splashed up the skirting board. For him, “working from home” was like being in a field hospital at the Battle of Trafalgar. By contrast, I remember the atelier of Gilbert & George, the odd couple of contemporary British art, in Whitechapel as a spotless gun-metal tank, jet-washed by an assistant in trawlerman’s waders. It was like a cross between a quality-assured abattoir and a Berlin techno club.

As a journalist, I’ve been fortunate enough to pop my head around the door of a few studios, trying to answer the big question about artists: how does the magic happen? Like a Sunday painter, I was merely dabbling with my researches.

By contrast, Martin Gayford, long-serving critic and art historian, is a trusted insider and a favoured guest of the most celebrated talents in the UK and beyond. If anyone knows what makes them tick, it ought to be this latter-day Vasari. Freud painted his portrait, “Man with a Blue Scarf”, which was also the title of a very good book that Gayford wrote about the experience. He has also collaborated in print with David Hockney. Now he has distilled a lifetime of studying pictures and talking to painters into a “How to” book.

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On second thoughts, “distilled” might not be quite the right word, with its suggestion of long-trickled perfectibility. All that patient looking and listening only gets you so far, it turns out. True, Gayford can tell us plenty about the origins of painting and pigments. In How Painting Happens, he devotes pages to synaesthesia, the syndrome of experiencing colour in terms of sound, and vice versa. We learn about the influence of photography on painters, and of painters on other painters.

But the author is honest enough to admit that the real alchemy remains tantalisingly out of reach. Professional gallery-goers think they can tell at a glance which paintings are worth their consideration, he says, but “critics and curators . . . including me, everybody, regularly get these judgments completely wrong.”

So how does painting happen? For Freud, the spur to creativity was settling his terrifying gambling debts. That is, until his prices became so astronomical that he simply couldn’t lose enough on the horses to make a new picture a financial necessity. Hodgkin was trying to capture his fleeting emotions in paint, though he would rather have been doing almost anything else. “I hate the act of painting,” he claimed. “People have said so often, ‘Aren’t you lucky to be able to do this for a living!’ And I say, ‘No, thank you, I’m not lucky.’ Having to go through the horrors of painting a picture is not something I look forward to, ever.”

A black and white photograph of a woman in an artist’s studio pouring paint from the tin on to a blank canvas on the floor
American abstract Expressionist painter Helen Frankenthaler (1928-2011) at work on a large canvas in 1969 © Getty Images

At times, Gayford’s account reads more like a “How not to” handbook. Tracey Emin began work on what she imagined would be a “love scene”, only to find a Turneresque seascape demanding to escape from her brushstrokes instead (“The Ship”, 2019). Van Gogh wrote to his brother Theo in 1884 about the “paralysing stare from a blank canvas that says to the painter you can’t do anything”. Even Titian propped his half-finished pictures against the walls. Like Hodgkin, he was wondering what to do with them.

This is not the book for cynics and readers who suspect that how painting happens is that dealers, artists and collectors get together in a cosy relationship — one where multiple shares are sometimes sold in a single artwork and the goods are “flipped” for quick and profitable resale. In truth, that sort of thing has always gone on, one way or another. Without hard-faced but loaded patrons, we might never have had masterpieces by Titian, Velázquez and Rembrandt. 

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Book cover of How Painting Happens

Stimulating and sumptuously illustrated, How Painting Happens is really two books in one, a double-sided canvas. The “recto”, as art world types would dub the “front” side, depicts humankind’s steady upward progress, from scratches on a cave wall to the glorious, inexhaustible possibilities of paint and beyond.

Painting matters, Gayford argues, because it “communicates directly across time, without using words”. A successful picture creates its own world, he says. Mark Rothko’s colour field paintings made people burst into tears. The artist himself was unfazed; in fact, he would have been disappointed if they didn’t. They were having a religious experience, he said. For Rothko, a painting had to have meaning: “There is no such thing as a good painting about nothing.”

The other side of Gayford’s study, the “verso”, is a less flattering but sympathetic portrait of artists failing, then failing better; of the sublime and the ridiculous; of blood, sweat and turpentine.

The influential New York critic Clement Greenberg took a more prosaic view than Rothko. “Mark was a decent guy . . . but he was so pompous! . . . All that ‘sublime’ crap! . . . People who talk about meaning! I don’t give a damn about meaning,” he told Gayford. “When it comes to about-ness, if you are painting from nature, you are not making it about a tree or clouds, you are making it as good as you can.”

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How Painting Happens (and why it matters) by Martin Gayford Thames & Hudson £35/$45, 384 pages

Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen

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Money Marketing Weekly Wrap-Up – 30 Sept to 04 Oct

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Money Marketing Weekly Wrap-Up – 30 Sept to 04 Oct

Money Marketing’s Weekly Must-Reads: Top 10 Stories

Key highlights include the Chancellor ‘likely to target’ £48bn pension tax relief in the Budget and the PFS-CII relationship being ‘blown wide open’ after the latest developments. Read more below:



Chancellor ‘likely to set sight on’ £48bn pension tax relief in Budget

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Chancellor Rachel Reeves may target the £48bn pension tax relief in the upcoming Budget, according to analysis by Lane Clark and Peacock.

Potential changes could include levying National Insurance on employer pension contributions, capping tax-free lump sums and adjusting tax privileges on pensions after death. However, politically sensitive measures like a flat-rate relief change are deemed unlikely.

The Chancellor will seek revenue-raising options that minimise voter backlash, particularly from public sector workers who benefit from current tax relief policies.

PFS and CII relationship ‘blown wide open’ after latest saga

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Tensions between the Personal Finance Society (PFS) and its parent body, the Chartered Insurance Institute (CII), have reignited after the CII appointed four of its executives, including CEO Matthew Hill, to the PFS board on 1 October.

This follows the controversial “Christmas coup” in December 2022, when the CII imposed directors on the PFS board due to governance issues. The move has drawn criticism from the campaign group OurPFS, which fears this could define the future of the PFS.

True Potential CEO Daniel Harrison steps down after seven years

True Potential CEO Daniel Harrison is stepping down after seven years in the role, following a planned transition since the firm’s partnership with private equity firm Cinven in 2021.

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Harrison announced his departure to staff at the firm’s annual conference on 3 October. Co-founding True Potential 17 years ago, Harrison played a pivotal role in the firm’s growth to over 500,000 clients and £31.4bn in assets.

He expressed confidence in the executive team to lead the business forward post-departure.

FCA fines Starling Bank £29m for financial crime failings

The FCA has fined Starling Bank £29m for serious failings in its financial sanctions screening and anti-money laundering framework.

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Despite agreeing to restrict opening new high-risk accounts in 2021, the bank opened over 54,000 such accounts between September 2021 and November 2023. An internal review revealed Starling’s automated screening system only checked a fraction of those on the sanctions list.

The FCA criticised the bank’s lax controls, but Starling has since implemented measures to improve its financial crime controls.

Abrdn Adviser hires chief technology and product officer

Abrdn Adviser has appointed Derek Smith as its new chief technology and product officer, starting in November.

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Smith, previously CTO at Morningstar Wealth, will lead the integration of technology and product teams, driving innovation and scalability at Abrdn Adviser. CEO Noel Butwell highlighted Smith’s experience in delivering market-leading solutions during a time of digital transformation.

Smith joins amid a leadership expansion, following the recent hires of Verona Kenny as chief distribution officer and Louise Williams as CFO, as Abrdn Adviser focuses on growth and platform upgrades.

FCA secures first conviction for crypto ATM operation

The FCA has secured its first conviction for illegal crypto ATM operation in the UK. Olumide Osunkoya, 45, pleaded guilty to operating unauthorised crypto ATMs, using false documents and possession of criminal property.

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Between December 2021 and September 2023, Osunkoya’s network of at least 11 crypto ATMs processed over £2.6m in transactions without conducting due diligence or source of funds checks. His machines, located in convenience stores, were used by those likely involved in money laundering or tax evasion.

Sentencing will take place at Southwark Crown Court.

Royal London chair Parry resigns

Royal London chairman Kevin Parry has resigned, informing the mutual that he won’t serve beyond this year.

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Deputy chair Lynne Peacock will step in as interim chair, overseeing the search for his successor. Parry expressed his gratitude for the privilege of leading Royal London, highlighting the need for leadership committed to a medium-term tenure, which he cannot fulfil.

Peacock thanked Parry for his strategic guidance during his tenure and will lead Royal London during the transition period.

Kevin Carr: It’s almost as if we want to put people off…

Kevin Carr reflects on the cumbersome life insurance application process, expressing frustration with its outdated yes/no questioning format that fails to accommodate complex medical histories.

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Approaching his 50th birthday, he highlights the need for a more human-centric approach, suggesting applicants be allowed to share their medical histories in their own words.

Carr argues that the current system can deter potential customers, emphasising that improving the process is essential for encouraging more people to secure adequate protection for their loved ones.

Standard Life launches free pension-finding tool

Standard Life has launched a free pension-finding tool in partnership with Raindrop to help UK residents locate their missing pensions.

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Research revealed that 19% of individuals with multiple pensions have lost track of at least one. Despite the advantages of consolidating pensions, 73% of people with multiple workplace pensions have not done so, often due to uncertainty or difficulty in the process.

Users can trace lost pensions by providing their former employer’s name and employment period, streamlining the search and aiding retirement planning.

Hang Seng ‘performed better’ during 2024 than S&P 500

The Hang Seng index has outperformed the S&P 500 in 2024, according to Sonja Laud, chief investment officer at Legal & General Investment Management (LGIM).

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During LGIM’s Autumn Horizons Event, Laud noted investor weakness in the “Magnificent Seven” US stocks, which include major tech firms like Alphabet and Apple. She anticipates a mediocre market performance for the remainder of the year, with a slight improvement expected in 2025.

Additionally, she highlighted potential market shifts related to the upcoming US election and its impact on fiscal policies.

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Aer Lingus to launch flights to Nashville

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Aer Lingus to launch flights to Nashville

The four-times-weekly service will launch in April 2025, operated by the carrier’s A321XLR aircraft

Continue reading Aer Lingus to launch flights to Nashville at Business Traveller.

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PCs get jobs back after athlete search dismissal

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PCs get jobs back after athlete search dismissal
PA Media Bianca Williams and Ricardo Dos Santos outside Palestra HousePA Media

The officers, who conducted a stop and search of Bianca Williams and Ricardo Dos Santos, have had their dismissal overturned

Two former Metropolitan Police officers have been handed their jobs back and will receive back-pay after winning an appeal against their dismissal following their stop and search of two athletes.

Met PCs Jonathan Clapham and Sam Franks were fired in October 2023 after their search of the British world championships medallist Bianca Williams and Portugal Olympic sprinter Ricardo Dos Santos.

The two men won their appeal against a ruling which said they lied by saying they could smell cannabis during the stop and search.

During the incident in July 2020, the couple were pulled over by the officers in Maida Vale, west London, and searched on suspicion of having drugs and weapons, but nothing was found.

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The officers had followed Ms Williams and her partner Mr Dos Santos as they drove from training to their home with their baby, who was then three months old.

Mr Clapham and Mr Franks were dismissed after a disciplinary panel found they had lied about smelling cannabis when they pulled over the athletes.

The finding was overturned by the Police Appeals Tribunal which found the original decision was “irrational” and “inconsistent”.

Watch the moment Bianca Williams is taken out of a car and handcuffed by police
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The dismissed PCs were “dedicated, hard-working and much respected officers” whose reputations had been “ruined” by the original findings, Appeals Tribunal chairman Damien Moore said.

“Both officers did not lie. Both officers will now be reinstated to the Met Police. They should receive back-pay,” he said.

Hugh Davies, representing Mr Clapham, said the officers had “every reason to suspect criminality” when they pulled Dos Santos over.

Mr Davies said another officer at the scene had smelled cannabis, but was not found to have lied.

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An Independent Office for Police Conduct spokesperson said: “We note the outcome today of the officers’ appeal and await the written decision by the Police Appeals Tribunal.”

The Metropolitan Police has been approached for comment.

PA Media Great Britain's Amy Hunt, Dina Asher-Smith, Desiree Henry, Imani Lansiquot, Daryll Neita and Bianca Williams celebrate with their silver medals during the medal ceremony for the Women's 4 x 100m Relay FinalPA Media

Ms Williams won silver at the Paris Olympics as part of the relay team

Ms Williams had said racial profiling had played a factor in the officers’ conduct, but this complaint was not upheld in the original misconduct tribunal.

At the Paris Olympics this summer, she competed was part of the women’s 4x100m quartet heat that qualified for the final and went on to win a silver medal.

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Fifa rules on player transfers break EU law, says top court

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Fifa’s rules on the transfers of professional footballers break EU rules on free movement, Brussels’ top court has said, in a verdict that could disrupt the European game’s system of player sales between clubs.

The European Court of Justice’s decision comes after Lassana Diarra, a former French international player, challenged the rules in a 10-year dispute with his former club Lokomotiv Moscow. Diarra claimed his search for a new club was impeded by the rules of Fifa, football’s governing body.

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The Diarra ruling is the latest in a string of ECJ judgments that have challenged the legal status quo in sport and could open the door to major changes in the multibillion-dollar transfer market that underpins professional football’s economic model, analysts said.

“The judgment has broad implications for the transfer system but also for Fifa’s governance and ability to regulate football,” said Alfonso Lamadrid, a partner at Garrigues Brussels and expert in competition law. “It’s another example of the EU courts being ready to control Fifa’s regulatory over-reach and lack of good governance.”

In 2014, Diarra left Lokomotiv Moscow before the end of his contract, leading the Russian club to file a complaint with Fifa for contract breach. After Fifa ordered Diarra to pay €10mn in damages to Lokomotiv, the former Chelsea, Arsenal and Real Madrid player sued Fifa and the Belgian FA for blocking his transfer to Charleroi.

Citing the financial, legal and sporting risks for players, the court said on Friday: “The rules in question are such as to impede the free movement of professional footballers wishing to develop their activity by going to work for a new club.”

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Diarra’s lawyers said the ECJ ruling was a “total victory” for their client, and “paves the way for a modernisation of governance” in football, “in particular through collective bargaining between employees and employers”. 

His legal team was led by Jean-Louis Dupont, the lawyer who successful challenged Fifa rules in 1995 on behalf of Belgian footballer Jean-Marc Bosman. That ECJ decision allowed players to move freely between clubs at the end of their contracts. Dupont also took on Uefa and Fifa over their handling of the breakaway European Super League. 

Yasin Patel, sports barrister at London-based Church Court Chambers, said the latest ruling could have “far-reaching consequences for the transfer system”.

Players may now be able to move more freely to other clubs by breaking with a contract as opposed to being tied to the club and contract. In addition, buying clubs may not have to pay compensation or claims,” he said.

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Global players’ union Fifpro welcomed the ruling. In a statement on X it said: “The ECJ has just handed down a major ruling on the regulation of the labour market in football . . . which will change the landscape of professional football.”

The latest ruling comes as football regulators and league operators move to tighten spending restrictions on clubs, which players’ unions have warned could in effect create a salary cap at certain levels of the game. 

Fifa said it was “satisfied that the legality of key principles of the transfer system have been reconfirmed in today’s ruling. The ruling only puts in question two paragraphs of two articles of the Ffifa Regulations on the Status and Transfer of Players, which the national court is now invited to consider.

“Fifa will analyse the decision in co-ordination with other stakeholders before commenting further.”

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In July, Fifpro and European Leagues also joined forces to make a formal complaint over footballers’ welfare, ramping up pressure on Fifa over the busy calendar of matches. They said: “Fifa’s decisions over the last years have repeatedly favoured its own competitions and commercial interests, neglected its responsibilities as a governing body, and harmed the economic interests of national leagues and the welfare of players.”

At the heart of that debate is Fifa’s move to boost the Club World Cup from seven teams to 32 at the tournament in the US in 2025.

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