Man Arrested Over Abusive Tweets To Feminist Campaigner

After the feminist campaigner Caroline Criado-Perez received abuse and rape threats via Twitter, the man who sent them was arrested.

As it was announced that the image of Elizabeth Fry on the £5 note would be replaced by that of Winston Churchill, Ms Criado-Perez began a petition claiming that the Bank of England had to add the image of a woman to a UK banknote.

Right after the changes considering the face of Churchill were introduced, it became evident that the author of Pride and Prejudice, Jane Austen, would replace Charles Darwin on the £10 note.

These are good news for all women but Ms Criado-Perez received a torrent of sexist abuse on Twitter. By the way, please make yourself aware of our Computer-E-mail-Internet Usage Policy template

In her words the abusive tweets were about 50 for just 12 hours. In some of the messages she read threats of raping and killing her. It seems that some of the men who threatened her have created accounts on Twitter with the only aim to harass her.

Yesterday, a man was arrested in Manchester in relation to an allegation of malicious communications made in Camden on Thursday.

Twitter faced harsh criticism on the way they answered to Ms Criado-Perez to call for the social network to introduce a “Report Abuse” button.

“It’s sadly not unusual to get this kind of abuse but I’ve never seen it get as intense or aggressive as this,” she said. “It’s infuriating that the price you pay for standing up for women is 24 hours of rape threats.”

She supported her words by the fact that the Bank of England had changed its mind so Twitter could do the same.



Barclays Hit With $453m Fine By US Energy Regulators

Barclays were fined $453m (£300m) because they have been manipulating electricity prices.

The UK bank was given 30 day in order to pay back the profits they gained of the manipulated prices in California and other US states.

The Financial Energy Regulatory Commission (FERC) said that their actions “demonstrate an affirmative, coordinated and intentional effort to carry out a manipulative scheme”.

The regulators built their case on evidence acquired from electronic communications between traders. They were caught boasting their ability to manipulate market in many messages.By the way, did you check our business document templates?

Barclays, on the other hand, said they were disappointed by the action of FERC as according to their words there was nothing they had to be fined for. They added they would defend themselves and their reputation.

Trading for which they are accused of took place between November 2006 and December 2008.

The FERC expressed their concerns due to the fact that Barclays did not try to remedy them.

In spite of this, Barclays claimed they were acting legitimately, and in “compliance with applicable law”.

In the recent years there are always scandals around Barclays.

In 2012, UK and US regulators fined them £290m because they had tried to manipulate interest rates  and earn money from the borrowing of million people around the world.

FERC was praised by Ron Wyden, chairman of the Senate’s Energy and Natural Resources Committee, on the message they send to traders and banks. In his words customers should stop living with the feeling that traders are “stacking the deck against them to rack up unjust profits”.


Female Executives Earn Less Than Male Executives

According to a survey carried out by CMI (Chartered Management Institute) female executives still earn less than the male ones. The gap defined by the survey is £10,060, which in  long-term means that women working on executive positions will earn earn £423,390 less than a male on a similar position. What is more, according t the survey, the bonuses awarded to men are much higher than those awarded to their female colleagues. However, the good news is that the gap has shrunk, compared to 2011, when the estimated amount was £10,564. On the other hand the Fawcett Society, a campaign group for pay equality, warned that the there is a possibility the expected cuts in the public sector might have a negative effect and make the gap wider.

Ceri Goddard, Chief Executive said their warning is based on the fact that when leaving the public sector, women will be forced to seek employment in the private sector, which has historically suffered a much larger pay gap – 20.4 per cent to the public sector’s 13.2 per cent.”

Ann Francke, chief executive for CMI, said “A lot of businesses have been focused on getting more women on boards but we’ve still got a lot to do on equal pay and equal representation in top executive roles.

“Women make up almost three out of four at the bottom of the ladder but only one out of four at the top.  This lack of a strong talent pipeline has to change, and fast.  Allowing these types of gender inequalities to continue is precisely the kind of bad management that we need to stamp out.”

She also called upon the government to take action by saying: “We need an immediate and collaborative approach to setting things straight. The Government should demand more transparency from companies on pay, naming and shaming organisations that are perpetuating inequality and celebrating those that achieve gender equality in the executive suite and the executive pay packet.”

At The Legal Stop, we know that no matter if male or female, every executive needs one and the same legal and busienss documents!