About: http://data.cimple.eu/news-article/c3e9bd4ec30f3af6f715c63bf790f770233176adfb03657f6ec7ba99

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About: http://data.cimple.eu/news-article/c3e9bd4ec30f3af6f715c63bf790f770233176adfb03657f6ec7ba99 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Banking giant HSBC will end its multi-million pound sponsorship of British Cycling four years early, it was announced on Tuesday. HSBC, which last week said it was axing 35,000 jobs, has exercised a break clause in its contract, meaning it will terminate its deal at the end of 2020, four years into an eight-year deal. But planned funding for this year's Tokyo Olympics, where the cycling team are forecast to be a major source of British medals, will remain in place. British Cycling chief executive Julie Harrington said: "We will part with HSBC UK as firm friends and, in the meantime, look forward to working with them to support our riders to achieve their best in Tokyo." HSBC chief executive Ian Stuart added: "We wanted this partnership to create a legacy and it has. It has changed the way we approach things as a company as we encourage our customers and our colleagues to make healthier and greener choices. "2020 will be an exciting year for the sport, with Britain willing on our athletes to medals in Tokyo." British Cycling has faced a number of scandals in recent years. In 2017 it apologised for "failings" following accusations of sexism and bullying. A review found that the organisation lacked good governance. Former Team Sky and British Cycling senior doctor Richard Freeman faces an ongoing tribunal. Freeman has admitted 18 charges brought against him by the General Medical Council relating to the ordering of testosterone gel to British Cycling headquarters in 2011 but contests four others. Freeman denies the testosterone gel was intended for athletes' use. jdg/jw/mw
schema:headline	HSBC cuts short British Cycling sponsorship deal
schema:mentions	HSBC Sexism Clause General Medical Council Good governance Testosterone Bullying Moment magnitude scale 2020 Summer Olympics Gel Pound sterling United Kingdom Ian Stuart Donaldson Julie Harrington (tennis) Firm Friends Richard B. Freeman Cycling team British Cycling Team Ineos Tokyo bid for the 2020 Summer Olympics Jehovah's Witnesses
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)

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