Douglas Fraser

Where Halibut Dare: why the Kremlin will be happy with John Healey’s “we see you” message. Russians want to be seen. The target audience and MoD tensions are more likely to be at the Treasury. open.substack.com/pub/douglasfra…?

Soaring business bills, after we paid £2.1bn to unplug wind farms: the huge project to rewire Britain, taking power to the people though leaving some people feeling powerless: open.substack.com/pub/douglasfra…

open.substack.com/pub/douglasfra…?

Thanks very much for so many kind and generous responses.

Some personal news…

Watch out:

More money needed, from government or better off students or graduates - pols have to choose: @EdinburghUni principal says it’s not enough to be against tuition fees, warning other universities could face the same battle for survival as Dundee: bbc.co.uk/news/articles/…

Where Lobsters Dare: what is Russia up to on the seabed, why, and how to detect and deter it? on @BBCRadio4 and @BBCSounds #implausibledeniability bbc.co.uk/programmes/m00…

As Sir Keir Starmer boosts UK defence spending, how far is Britain from battle-readiness? What’s needed? How to procure it? More collabs with EU allies? What to learn from Ukraine and Russia? I made ‘Re-arming the UK’, for @BBCRadio4, now on @BBCSounds bbc.co.uk/programmes/m00…

.@ScottHastings13, talking about Jenny, at 1’11’35: bbc.co.uk/sounds/play/m0… bbc.co.uk/news/articles/… A hard listen, about a hard, hard road. Take good care of yourself. #mentalhealthday2024

@RealMacKaySTV @STVNews Stay classy.

30 years ago today I joined @STVNews. It has never been anything less than a privilege to do what I do. Thanks to my many wonderful colleagues and to you for being there along the way. Photo by the tremendous Euan Anderson.

ScotWind windfall blows away: bbc.co.uk/news/articles/…

@EddieBarnes23 Whatever happened to aerograms? A week to reach home, telling you nothing parents really want to know.

18 yr old son backpacking in Asia under instructions to send back daily updates to reassure parents he’s ok. Latest text: “Got a slightly dodgy tour around the city by a random guy in a tuk tuk but didn't die so that's good.”

As it announces plans for 100 more convenience stores, have we reached #peakwaitrose: “…with Finchley Road housing a dedicated parmesan section and a second dry aged beef cabinet”.

And it’s not just the spelling that’s getting to them…

@nigeleccles So you got a ruling in your favour in the NY Court of Appeal. What happens next with your more detailed complaint?

Here is the fixed link: iapps.courts.state.ny.us/nyscef/ViewDoc…

4 years ago, I led a group of 100+ former employees and founders of @fanduel in a case of breach of fiduciary duty against FanDuel’s former board members (including investors KKR and Shamrock). Three months ago, the NY Court of Appeals found in our favor. The Court concluded that board members had indeed owed a fiduciary duty to shareholders. On Friday, we lodged an expanded complaint that, for the first time, publicly details the defendants’ various breaches of these duties, as well as outlines the defendants’ fraud, conspiracy and bribery under Scots law. A very brief summary: In 2018, FanDuel merged with the US arm of Flutter Entertainment to create a new company called FanDuel Group. In exchange, FanDuel shareholders received 40% of the equity in the new company. However, the board (which was controlled by private equity investors KKR and Shamrock) used a phony valuation of $559M to wipe out common shareholders (largely the founders and employees). Less than 2 years later, those same investors sold that 40% stake in FanDuel Group for $4.2B. Standing up against the likes of KKR is not easy, but I’m determined that the team of 100+ amazing people who spent years building FanDuel from the ground up will get back what was stolen from them in 2018. Link to the full complaint in the reply below.

@SYSOUYAYKE @msm_monitor @BBCScotlandNews @BBCRosAtkins @BBCGaryR @BBCScotNine Here’s one reason.

Rachel Reeves is set to announce immediate cuts worth billions of pounds today. During the election campaign Anas Sarwar told John Swinney "Read my lips, no austerity under Labour". The clip should be in all BBC Scotland news bulletins today. It likely won't be in any. Indeed Sarwar has disappeared completely since the election as has BBC Scotland's interest in him.

She was doing so well until she got to my name. Also, it would be illegal to accept a donation from me. But apart from all that…

This is quite the headline, from Development Finance Today 🤔