Tag: Index

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UN development goal of zero hunger ‘tragically distant’, global index shows

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Global targets to eradicate hunger by 2030 will be missed as a “toxic cocktail” of the climate crisis, conflict and the Covid-19 pandemic reverses progress, new projections have revealed. The fight to end hunger is “d...

‘We couldn’t work it out’ – Football Index ex-employee on firm’s business plan

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A former senior employee of the failed betting platform Football Index has spoken for the first time about the structural flaws which brought down the business and the increasingly desperate attempts to save it in the...

Football Index executives were warned model was ‘unsustainable’ after launch

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Executives of the failed online betting site Football Index were warned soon after its launch that its so-called “football stock market” would prove to be an unsustainable bubble similar to a Ponzi scheme, a former em...

Can the ‘high heel index’ predict economic growth?

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You will have heard of the hemline index. It was first theorised in 1926 by the economist George Taylor, and stated that skirts get shorter during times of financial prosperity and longer in a recession. But could a p...

Football Index collapse: MPs and peers urge Johnson to hold public inquiry

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More than 40 MPs and peers from across the political spectrum have signed a letter to Boris Johnson calling for “an urgent, independent public inquiry” into collapse last month of Football Index, the self-styled footb...

Football Index: Gambling Commission was warned about firm in January 2020

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The Gambling Commission was warned in January 2020 that the betting firm Football Index, which suspended its platform last week, was “an exceptionally dangerous pyramid scheme under the guise of a ‘football stock mark...

Minister asks Gambling Commission to explain Football Index action

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The new gambling minister, John Whittingdale, has demanded that the betting regulator explain what it is doing about Football Index, the self-styled “stock market of football” that suspended trading and began insolven...

Football Index: customers’ money trapped after platform is suspended

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Football Index, the self-styled “football stock market”, appeared to be heading into administration on Thursday evening, five days after a massive crash on its market that left its customers with tens of millions of p...

Anger grows as Football Index issued new shares in players days before major changes

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The troubled online betting firm Football Index continued to “mint” and issue new “shares” in high-profile players just days before an announcement of big reductions in dividends which crashed its market on Saturday. ...

Football Index customers furious as terms alterations spark market crash

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Thousands of customers with money trapped in Football Index, the self-styled “stock market of football”, have reacted with fury to significant changes to the site’s terms and conditions, which prompted the latest in a...