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Conor McGregor must pay woman $257,000 in sexual assault civil case1% Club fans were left shocked after all EIGHT final contestants walked away empty handed after failing to answer the last question correctly. Eight men were the last players standing out of 100 in Tuesday night's show after successfully making it to the 1% question. But after being asked the big-money earner by The 1% Club 's host Lee Mack , they all got it wrong and missed out on a share of the £97,000 prize pot. The question, which in theory only one per cent of the UK population will be able to answer, was based on a graphic. Lee asked: "What word is represented by this picture?" The graphic showed the number eight in the middle of an ice cube. READ MORE ON THE 1% CLUB The final constants had just 30 seconds to figure it out before locking in their answers. Lee then announced: "Your time is up. Let's see who got it right." After a tense pause, the entire studio was illuminated in red - indicating that no one answered correctly. "I'm afraid you all got it wrong," Lee told the disappointed players. Most read in Reality The TV funnyman then revealed the answer: Incubate (in-cube-eight). There was a loud groan from the audience as they realised none of the eight players had joined the 1% Club. Only one contestant walked away with any money - a chap called Jonathan, who was awarded £1,000 for not using his 'pass' card to skip any earlier questions. "Commiserations," Lee told the group. "You didn't make it into the 1% Club but you can at least walk away knowing you did better than everyone else tonight." Fans at home who had been playing along shared their surprise at the final eight's fall. One wrote on X, formerly known as Twitter: "Not one person got it..!" Another added: "The wheels on the brain bus well & truly fell off." And a third said: "Oh what a pity. None of them got it right, meaning that everyone leaves with absolutely nothing...apart from Jonathan, who keeps his £1k." Other fans shared their own guesses, including 'infinite', 'eight squared' and 'eight cubed'. The 1% Club has returned to ITV this week for a special four-episode run, airing each night from Monday (December 9) to Thursday (December 12). Two 1% Club Christmas specials will also air this month, while Lee is also due to front another episode in support of Soccer Aid . The 1% Club first hit screens in 2022 and has fast become one of TV's most popular game shows. READ MORE SUN STORIES In September, it won Best Quiz Game Show at the National Television Awards for the third year in a row. It faced stiff competition but still beat The Wheel, Beat The Chasers, Richard Osman’s House of Games , and Ant and Dec’s Limitless Win .
CHICAGO--(BUSINESS WIRE)--Dec 2, 2024-- XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share on the Trust’s common shares (NYSE: XFLT), payable on December 30, 2024, to common shareholders of record as of December 16, 2024, as noted below. The amount of the distribution represents a 9.41% decrease from the previous month's distribution of $0.085 per share. The Trust’s investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust’s investment portfolio is comprised largely of floating-rate credit instruments and other structured credit investments. In the past three months, the Federal Reserve has cut the base rate twice resulting in a 0.75% decline in interest rates, impacting floating rate securities’ income generation. As a result, the Trust’s net investment income has declined. With the new distribution amount of $0.077 per share, the Trust’s annualized distribution rate on market price is 13.28% and the annualized distribution rate on NAV is 13.85% as of market close on November 26, 2024. The following dates apply to the declaration: Ex-Dividend Date December 16, 2024 Record Date December 16, 2024 Payable Date December 30, 2024 Amount $0.077 per common share Change from Previous Month 9.41% decrease Common share distributions may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Trust’s common shareholders on Form 1099 after the end of the 2024 calendar year. Shareholders should not assume that the source of a distribution from the Trust is net income or profit. For further information regarding the Trust’s distributions, please visit www.xainvestments.com . * * * XFLT Q3 Webinar The Trust plans to host its Quarterly Webinar on December 6, 2024, at 11:00 am (Eastern Time). Kevin Davis, Managing Director at XA Investments will moderate the Q&A style webinar with Kimberly Flynn, President at XA Investments, and Lauren Law, Senior Portfolio Manager at Octagon Credit Investors. TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link. TO USE YOUR TELEPHONE : After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current location. Dial : (720) 928-9299 or (213) 338-8477 or (267) 831-0333 or (312) 626-6799 or (646) 558-8656 Webinar ID : 845 9508 2601 REPLAY: A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com * * * The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust’s investments in CLOs are subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be dramatically different from the calculation of income for financial reporting purposes under accounting principles generally accepted in the United States (“U.S. GAAP”), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income. The Trust’s final taxable income for the current fiscal year will not be known until the Trust’s tax returns are filed. As a registered investment company, the Trust is subject to a 4% excise tax that is imposed if the Trust does not distribute to common shareholders by the end of any calendar year at least the sum of (i) 98% of its ordinary income (not taking into account any capital gain or loss) for the calendar year and (ii) 98.2% of its capital gain in excess of its capital loss (adjusted for certain ordinary losses) for a one-year period generally ending on October 31 of the calendar year (unless an election is made to use the Trust’s fiscal year). In certain circumstances, the Trust may elect to retain income or capital gain to the extent that the Board of Trustees, in consultation with Trust management, determines it to be in the interest of shareholders to do so. The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period. As a result, all or a portion of a distribution may be a return of capital, which is in effect a partial return of the amount a common shareholder invested in the Trust, up to the amount of the common shareholder’s tax basis in their common shares, which would reduce such tax basis. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain, or reduce the common shareholder’s potential loss, on any subsequent sale or other disposition of common shares. The distribution shall be paid on the Payment Date unless the payment of such distribution is deferred by the Board of Trustees upon a determination that such deferral is required in order to comply with applicable law to ensure that the Trust remains solvent and able to pay its debts as they become due and continue as a going concern, or to comply with the applicable terms or financial covenants of the Trust’s senior securities. Future common share distributions will be made if and when declared by the Trust’s Board of Trustees, based on a consideration of number of factors, including the Trust’s continued compliance with terms and financial covenants of its senior securities, the Trust’s net investment income, financial performance and available cash. There can be no assurance that the amount or timing of common share distributions in the future will be equal or similar to that described herein or that the Board of Trustees will not decide to suspend or discontinue the payment of common share distributions in the future. * * * The investment objective of the Trust is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments. There can be no assurance that the Trust will achieve its investment objective. The Trust’s common shares are traded on the New York Stock Exchange under the symbol “XFLT,” and the Trust’s 6.50% Series 2026 Term Preferred Shares are traded on the New York Stock Exchange under the symbol “XFLTPRA”. About XA Investments XA Investments LLC (“XAI”) serves as the Trust’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund. The listed closed-end funds, the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) and Madison Covered Call & Equity Strategy Fund (NYSE: MCN) both trade on the New York Stock Exchange. The interval closed-end fund, Octagon XAI CLO Income Fund (OCTIX), is newly launched and has been made widely available to investors. In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com . About XMS Capital Partners XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com . About Octagon Credit Investors Octagon Credit Investors, LLC (“Octagon”) serves as the Trust’s investment sub-adviser. Octagon is a 25+ year old, $33.4B below-investment grade corporate credit investment adviser focused on leveraged loan, high yield bond and structured credit (CLO debt and equity) investments. Through fundamental credit analysis and active portfolio management, Octagon’s investment team identifies attractive relative value opportunities across below-investment grade asset classes, sectors and issuers. Octagon’s investment philosophy and methodology encourage and rely upon dynamic internal communication to manage portfolio risk. Over its history, the firm has applied a disciplined, repeatable and scalable approach in its effort to generate attractive risk-adjusted returns for its investors. For more information, please visit www.octagoncredit.com . * * * XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax. Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com . This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE Paralel Distributors, LLC - Distributor View source version on businesswire.com : https://www.businesswire.com/news/home/20241202717275/en/ CONTACT: Kimberly Flynn, President XA Investments LLC Phone: 888-903-3358 Email:KFlynn@XAInvestments.com www.xainvestments.com KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: XA Investments Copyright Business Wire 2024. PUB: 12/02/2024 04:15 PM/DISC: 12/02/2024 04:17 PM http://www.businesswire.com/news/home/20241202717275/en Copyright Business Wire 2024.Scottie Scheffler named PGA Tour player of the yearDrop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’
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In today’s episode of NewsHour with anchor Navika Kumar on Times Now's prime-time debate, the discussion focuses on the heated politics ahead of the upcoming Delhi elections. The "Delhi Dangal" has escalated tensions within the I.N.D.I.A. Bloc, as AAP has set a deadline for Congress to address remarks made by its leaders. After https://cms.sociowatch.in/media?act=edit&id=21012712&_id=1xb1etxmhz_w&at=video&ems=&iframe=true#imagestabCongress leader Ajay Maken criticized AAP, the Aam Aadmi Party responded by demanding Congress remove Ajay Maken and Sandeep Dikshit from their positions and refrain from supporting the BJP. AAP even suggested that Congress should leave the I.N.D.I.A. alliance if the demands are not met.Key questions emerge ahead of the polls: Is the I.N.D.I.A. Bloc Alliance on the verge of collapse? Will PM Modi's prediction about the alliance come true? Has Congress abandoned its 'Sabka Saath' approach? Is AAP considering leaving the alliance? Meanwhile, BJP spokespersons have criticized the alliance, questioning its unity and future. Watch the full debate for detailed insights.#congress #bjp #aap #indiabloc #indialliance #delhipolls2025 #latestenews #englishnews #timensow Read MoreBoxing Day shopper footfall was down 7.9% from last year across all UK retail destinations up until 5pm, MRI Software’s OnLocation Footfall Index found. However, this year’s data had been compared with an unusual spike in footfall as 2023 was the first “proper Christmas” period without Covid-19 pandemic restrictions, an analyst at the retail technology company said. It found £4.6 billion will be spent overall on the festive sales. Before the pandemic the number of Boxing Day shoppers on the streets had been declining year on year. The last uplift recorded by MRI was in 2015. Jenni Matthews, marketing and insights director at MRI Software, told the PA news agency: “We’ve got to bear in mind that (last year) was our first proper Christmas without any (Covid-19) restrictions or limitations. “Figures have come out that things have stabilised, we’re almost back to what we saw pre-pandemic.” There were year-on-year declines in footfall anywhere between 5% and 12% before Covid-19 restrictions, she said. MRI found 12% fewer people were out shopping on Boxing Day in 2019 than in 2018, and there were 3% fewer in 2018 than in 2017, Ms Matthews added. She said: “It’s the shift to online shopping, it’s the convenience, you’ve got the family days that take place on Christmas Day and Boxing Day.” People are also increasingly stocking-up before Christmas, Ms Matthews said, and MRI found an 18% increase in footfall at all UK retail destinations on Christmas Eve this year compared with 2023. Ms Matthews said: “We see the shops are full of people all the way up to Christmas Eve, so they’ve probably got a couple of good days of food, goodies, everything that they need, and they don’t really need to go out again until later on in that week. “We did see that big boost on Christmas Eve. It looks like shoppers may have concentrated much of their spending in that pre-Christmas rush.” Many online sales kicked off between December 23 and the night of Christmas Day and “a lot of people would have grabbed those bargains from the comfort of their own home”, she said. She added: “I feel like it’s becoming more and more common that people are grabbing the bargains pre-Christmas.” Footfall is expected to rise on December 27 as people emerge from family visits and shops re-open, including Next, Marks and Spencer and John Lewis that all shut for Boxing Day. It will also be payday for some as it is the last Friday of the month. A study by Barclays Consumer Spend had forecast that shoppers would spend £236 each on average in the Boxing Day sales this year, but that the majority of purchases would be made online. Nearly half of respondents said the cost-of-living crisis will affect their post-Christmas shopping but the forecast average spend is still £50 more per person than it was before the pandemic, with some of that figure because of inflation, Barclays said. Amid the financial pressures, many people are planning to buy practical, perishable and essential items such as food and kitchenware. A total of 65% of shoppers are expecting to spend the majority of their sales budget online. Last year, Barclays found 63.9% of Boxing Day retail purchases were made online. However, a quarter of respondents aim to spend mostly in store – an 11% rise compared with last year. Karen Johnson, head of retail at Barclays, said: “Despite the ongoing cost-of-living pressures, it is encouraging to hear that consumers will be actively participating in the post-Christmas sales. “This year, we’re likely to see a shift towards practicality and sustainability, with more shoppers looking to bag bargains on kitchen appliances and second-hand goods.” Consumers choose in-store shopping largely because they enjoy the social aspect and touching items before they buy, Barclays said, adding that high streets and shopping centres are the most popular destinations.
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