The Hamilton Commission, started by seven-time Formula 1 champion Lewis Hamilton and co-chaired by Royal Academy of Engineering CEO Dr. Hayaatun Sillem, published a comprehensive report Tuesday detailing the systemic barriers to the involvement of Black people in motorsport, and in engineering fields at large.
The 93-page report, titled
Accelerating Change: Improving Representation of Black People in UK Motorsport was the culmination of 10 months of research, amassing large swaths of data across primary and higher education, as well as within Formula 1 itself. It’s interspersed with accounts from Black students and working engineers, detailing firsthand the institutional forces and attitudes that pushed them away from pursuing their careers. And it makes actionable recommendations on how decision makers in motorsport can generate the diversity they so often claim to encourage. You can read it in full here.
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Since 2020: Reduced
The risk of future mandatory closure of nonessential retail stores due to the ongoing Covid-19 pandemic is a significant ongoing risk for Card Factory. Loss of revenue from the store estate, which accounts for the majority of sales, would impact the Group s liquidity. Any lasting shift in shopper behaviours following the pandemic may further impact performance of our stores.
We have successfully secured additional bank facilities that provide additional liquidity, should further store closures be required, however, further agreements with our banks may be necessary, if any additional periods of closure are prolonged. Alteration to our store estate may be required - our short lease terms allows us to review locations and hold constructive discussions with landlords to manage our property costs. Investment in capacity to meet online sales demand and diversification of sales with retail partners provides other routes to the customer, via essential retailers .