10jili gaming
10jili gaming
Despite the initial reactions, many Tencent Video VIP members recognize the platform's efforts to balance user experience and operational efficiency. By implementing this change, Tencent Video aims to create a fairer and more sustainable viewing environment for all subscribers. Moreover, the platform continues to invest in content acquisition and production to offer a diverse range of shows and movies that cater to different preferences and interests.
Kuaishou Ke Ling AI Director Collaborative Project Officially Launched, AI Technology and Social Welfare Lead to a New PathwayOne of the key features of the "Peace of Mind Services" plan is its focus on partnering with local businesses and service providers to bring a wide variety of offerings to Gaode Map users. By collaborating with trusted and reputable vendors, Gaode Map aims to ensure that users have access to high-quality services that meet their specific needs and preferences. This not only benefits users by providing them with convenient and reliable options but also supports local businesses by expanding their reach and customer base.
2. Allocation Criteria:
I hope you had a wonderful Thanksgiving! As I expected, the stock market was relatively quiet as folks headed out early for the holiday. But although trading was light, stocks still marched higher. The Dow climbed 2%, while the S&P 500 and NASDAQ both rose a little more than 1%. As a result, the S&P 500 and Dow ended the month at all-time highs. All of the major indices soared higher in the month of November, too. The Dow led the charge with a 7.5% gain. The S&P 500 and NASDAQ also posted impressive gains, rising 5.7% and 6.2%, respectively. Essentially, in November, much of the uncertainty that plagued the stock market in the first 10 months of the year diminished after the presidential election. So, the question is: Will December outshine November? The simple answer is no. But the good news is I expect this strength to continue and for the stock market to end 2024 on a high note. In today’s Market 360, I’ll explain why I think that’s the case. I’ll also show you how to best position yourself for gains in December and into the New Year. A December to Remember? Now, don’t get me wrong when I say that December is unlikely to live up to November’s stellar performance. The reality is that December is also a seasonally strong month for the stock market. In fact, the folks at Bespoke Investment Group recently pointed out that December is one of the four strongest months of the year. According to their research, the Dow has achieved average gains of more than 1% in these four months (December, April, July and November) in the past 100, 50 and 20 years. Breaking it down... The chart below shows that the Dow posted an average gain of 1.46% in December in the past 100 years, an average 1.37% gain in the past 50 years and an average 1.01% gain in the past 20 years. So, I still expect December to be a strong month for the overall stock market and our stocks – and I also anticipate a yearend rally to close out the year. But December isn’t likely to be a blowout month like November. What we need to remember is that the S&P 500, Dow and NASDAQ are all sitting at or near all-time highs after the November surge. In other words, stocks need to consolidate these gains. Plus, much of the November strength could also be attributed to the presidential election, as well as an early “January effect” and pension funding. On the other hand, December is often the month when folks try to sell some of their losing positions to offset their gains. So, December is usually characterized by tax selling. Given this, we can expect a return of the washing machine market in December. Money is going to slosh around a bit and slowly meander higher. So, overall, I remain incredibly bullish and expect December to cap off what has been a strong 2024. This Week’s Ratings Changes Turning to this week, all eyes will be on the major retailers and labor market. Wall Street will be eager to hear clues from the major retailers on how their latest Black Friday and Cyber Monday sales performed, which will give us more insight into the strength of the consumer. The ADP employment numbers on Wednesday and jobless claims on Thursday, as well as the jobs report on Friday, will also provide a temperature check on the labor market. Remember, now that inflation is nearing the Federal Reserve’s 2% inflation target, it is focusing on unemployment. This means that by the end of this week, we should have more clarity on the Fed’s thinking on a potential rate cut ahead of its December Federal Open Market Committee (FOMC) meeting. Since any of these reports could move the market, I want us to be prepared. So, I looked at the latest institutional buying pressure and each company’s financial health. I decided to revise my Stock Grader recommendations for 85 big blue chips. (Subscription required.) Of these 85 stocks... I’ve listed the first 10 stocks rated as Buys below, but you can find a more comprehensive list – including all 85 stocks’ Fundamental and Quantitative Grades – here . Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and adjust accordingly. Ending the Year Strong Now, it has been a phenomenal year in the market so far. The S&P 500 and NASDAQ were both up more than 26% in the first 11 months of the year, and the Dow rose more than 19%. We were able to profit handsomely in this environment with our fundamentally superior Growth Investor stocks, and I hope you were, too. Regardless, if you’re looking to end the year on a high note, you’ll want to ensure you’re invested in the crème de la crème of the market. For example, our Growth Investor stocks are characterized by 23.7% average annual sales growth and 506.3% average annual earnings growth. In other words, we remain “locked and loaded” for a strong yearend rally. So, if you are looking for fundamentally superior stocks, you should look no further than my Growth Investor service. Click here now to learn more about my latest research and how Growth Investor can steer you to profits in 2025 and beyond . (Already a Growth Investor subscriber? Click here to log in to the members-only website .) Sincerely, Louis Navellier Editor, Market 360During the symposium, participants were encouraged to share their views on a wide range of economic issues, including but not limited to economic growth, industrial transformation, innovation, sustainable development, and social welfare. The open and candid discussions allowed for a fruitful exchange of ideas and experiences, laying the foundation for future policy directions.
In the aftermath of the emergency medical intervention, the bar owner was whisked away to the hospital for further treatment and surgery. The attending physicians worked tirelessly to repair the damage caused by the stabbing, but little did they know that a hidden danger lurked within.
Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTDAs one of the leading figures in the competitive gaming scene, Yino's involvement in the development process of the Honor GT highlights the brand's commitment to creating a device that meets the rigorous demands of professional gamers. With Yino's expertise and input, the Honor GT promises to deliver a gaming experience like no other.Trump cuts losses on Matt Gaetz for attorney general
In addition to the highly anticipated GTA6, the launch of NS2 is also generating a lot of buzz. The sequel to the wildly popular NS1 is expected to push the boundaries of what a multiplayer shooter can be. With enhanced graphics, new gameplay mechanics, and a dynamic storyline, NS2 promises to deliver an adrenaline-pumping experience that will keep players on the edge of their seats.In a surprising turn of events, Sun Yingsha was seen playfully standing on her tiptoes to pose for a group photo with a class of excited primary school students. The image quickly went viral on social media, with netizens praising the young athlete for her humility and approachability despite her growing fame and success in the world of table tennis.Ticket Market to grow by USD 228.52 billion (2024-2028), driven by animated movies' success; Report on AI's role in redefining market trends - Technavio
Investors with a lot of money to spend have taken a bullish stance on Starbucks SBUX . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SBUX, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 9 options trades for Starbucks . This isn't normal. The overall sentiment of these big-money traders is split between 55% bullish and 44%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of $29,250, and 8, calls, for a total amount of $356,084. Predicted Price Range Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $99.0 for Starbucks during the past quarter. Analyzing Volume & Open Interest Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Starbucks's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Starbucks's significant trades, within a strike price range of $70.0 to $99.0, over the past month. Starbucks Option Volume And Open Interest Over Last 30 Days Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume SBUX CALL TRADE BULLISH 01/03/25 $2.37 $2.33 $2.37 $91.00 $134.6K 917 1.1K SBUX CALL TRADE BEARISH 01/03/25 $0.74 $0.7 $0.71 $94.00 $40.3K 1.1K 2.3K SBUX CALL SWEEP BEARISH 01/03/25 $3.35 $2.85 $2.85 $90.00 $35.6K 621 170 SBUX CALL TRADE BULLISH 01/10/25 $0.3 $0.28 $0.3 $99.00 $33.2K 1.1K 1.1K SBUX CALL TRADE BULLISH 12/27/24 $3.0 $2.84 $3.0 $90.00 $30.0K 848 285 About Starbucks Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 40,000 stores across more than 80 countries as of the end of fiscal 2024. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products. After a thorough review of the options trading surrounding Starbucks, we move to examine the company in more detail. This includes an assessment of its current market status and performance. Where Is Starbucks Standing Right Now? Currently trading with a volume of 2,821,123, the SBUX's price is up by 0.42%, now at $92.25. RSI readings suggest the stock is currently may be approaching oversold. Anticipated earnings release is in 32 days. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access . Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Starbucks with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Title: Tencent Video Membership Benefits Adjustment: Differences in Rules Between New and Existing UsersSAN FRANCISCO , Dec. 5, 2024 /PRNewswire/ -- Docusign, Inc. (NASDAQ: DOCU) today announced results for its fiscal quarter ended October 31, 2024. Prepared remarks and the news release with the financial results will be accessible on Docusign's website at investor.docusign.com prior to its webcast. "Docusign delivered powerful new innovation for customers highlighted by new capabilities to its Intelligent Agreement Management ("IAM") platform," said Allan Thygesen , CEO of Docusign. "In Q3, early IAM momentum outpaced expectations, and we continued to drive improvement in our core business with strong revenue growth and operating profit." Third Quarter Financial Highlights A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures and Other Key Metrics." Key Business Highlights: IAM Product Releases and Highlights : Docusign announced new product capabilities to its IAM platform. Highlights from recent product releases include: Contract Lifecycle Management ("CLM") Product Releases and Highlights : Developer Ecosystem: Guidance The company currently expects the following guidance: Total revenue $758 to $762 Subscription revenue $741 to $745 Billings $870 to $880 Non-GAAP gross margin 81.0 % to 82.0 % Non-GAAP operating margin 27.5 % to 28.5 % Non-GAAP diluted weighted-average shares outstanding 209 to 214 Total revenue $2,959 to $2,963 Subscription revenue $2,885 to $2,889 Billings $3,056 to $3,066 Non-GAAP gross margin 81.9 % to 82.1 % Non-GAAP operating margin 29.5 % to 29.7 % Non-GAAP diluted weighted-average shares outstanding 210 to 212 A reconciliation of non-GAAP guidance measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation-related charges, including employer payroll tax-related items on employee stock transactions, are impacted by many factors, including the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this release. Webcast Conference Call Information The company will host a conference call on December 5, 2024 at 2:00 p.m. PT ( 5:00 p.m. ET ) to discuss its financial results. A live webcast of the event will be available on the Docusign Investor Relations website at investor.docusign.com . Prepared remarks and the news release with the financial results will also be accessible on Docusign's website prior to the webcast. A live dial-in will be available domestically at 877-407-0784 or internationally at 201-689-8560. A replay will be available domestically at 844-512-2921 or internationally at 412-317-6671 until midnight (EST) December 19, 2024 using the passcode 13750095. About Docusign Docusign brings agreements to life. Over 1.6 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people's lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign's IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at www.docusign.com . Copyright 2024. Docusign, Inc. is the owner of DOCUSIGN® and all its other marks (www.docusign.com/IP). Investor Relations: Docusign Investor Relations investors@docusign.com Media Relations: Docusign Corporate Communications media@docusign.com Forward-Looking Statements This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on our management's beliefs and assumptions and on information currently available to management, and which statements involve substantial risk and uncertainties. All statements contained in this press release other than statements of historical fact, including statements regarding our future operating results and financial position, our business strategy and plans, market growth and trends, objectives for future operations, and the impact of such assumptions on our financial condition and results of operations are forward-looking statements. Forward-looking statements in this press release also include, among other things, statements under "Guidance" above and any other statements about expected financial metrics, such as revenue, billings, non-GAAP gross margin, non-GAAP operating margin, non-GAAP diluted weighted-average shares outstanding, and non-financial metrics, as well as statements related to our expectations regarding the benefits, rollout and customer demand of the Docusign IAM platform. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements contained in this press release include, but are not limited to, statements about: our expectations regarding global macro-economic conditions, including the effects of inflation, volatile interest rates, and market volatility on the global economy; our ability to estimate the size and growth of our total addressable market; our ability to compete effectively in an evolving and competitive market; the impact of any data breaches, cyberattacks or other malicious activity on our technology systems; our ability to effectively sustain and manage our growth and future expenses and maintain or increase future profitability; our ability to attract new customers and maintain and expand our existing customer base; our ability to effectively implement and execute our restructuring plans; our ability to scale and update our platform to respond to customers' needs and rapid technological change, including our ability to successfully incorporate generative artificial intelligence into our existing and future products; our ability to successfully execute our technical developments, go-to-market and sales strategy for our IAM platform; our ability to expand use cases within existing customers and vertical solutions; our ability to expand our operations and increase adoption of our platform internationally; our ability to strengthen and foster our relationships with developers; our ability to retain our direct sales force, customer success team and strategic partnerships around the world; our ability to identify targets for and execute potential acquisitions and to successfully integrate and realize the anticipated benefits of such acquisitions; our ability to maintain, protect and enhance our brand; the sufficiency of our cash, cash equivalents and capital resources to satisfy our liquidity needs; limitations on us due to obligations we have under our credit facility or other indebtedness; our ability to realize the anticipated benefits of our stock repurchase program; our failure or the failure of our software to comply with applicable industry standards, laws and regulations; our ability to maintain, protect and enhance our intellectual property; our ability to successfully defend litigation against us; our ability to attract large organizations as users; our ability to maintain our corporate culture; our ability to offer high-quality customer support; our ability to hire, retain and motivate qualified personnel, including executive level management; our ability to successfully manage and integrate executive management transitions; uncertainties regarding the impact of general economic and market conditions, including as a result of regional and global conflicts; and our ability to maintain proper and effective internal controls. Additional risks and uncertainties that could affect our financial results are included in the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-K for the fiscal year ended January 31, 2024 filed on March 21, 2024 , our quarterly report on Form 10-Q for the quarter ended October 31, 2024 , which we expect to file on December 6, 2024 with the Securities and Exchange Commission (the "SEC"), and other filings that we make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date of this press release or to conform such statements to actual results or revised expectations, except as required by law. Non-GAAP Financial Measures and Other Key Metrics To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use certain non-GAAP financial measures, as described below, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may be different than similarly-titled measures used by other companies, are presented to enhance investors' overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We believe that these non-GAAP financial measures provide useful information about our financial performance, enhance the overall understanding of our past performance and future prospects, and allow for greater transparency with respect to important metrics used by our management for financial and operational decision-making. We present these non-GAAP measures to assist investors in seeing our financial performance using a management view, and because we believe that these measures provide an additional tool for investors to use in comparing our core financial performance over multiple periods with other companies in our industry. However, these non-GAAP measures are not intended to be considered in isolation from, a substitute for, or superior to our GAAP results. Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP net income per share : We define these non-GAAP financial measures as the respective GAAP measures, excluding expenses related to stock-based compensation, employer payroll tax on employee stock transactions, amortization of acquisition-related intangibles, amortization of debt discount and issuance costs, fair value adjustments to strategic investments, acquisition-related expenses, lease-related impairment and lease-related charges, restructuring and other related charges, as these costs are not reflective of ongoing operations and, as applicable, other special items. The amount of employer payroll tax-related items on employee stock transactions is dependent on our stock price and other factors that are beyond our control and do not correlate to the operation of the business. When evaluating the performance of our business and making operating plans, we do not consider these items (for example, when considering the impact of equity award grants, we place a greater emphasis on overall stockholder dilution rather than the accounting charges associated with such grants). We believe it is useful to exclude these expenses in order to better understand the long-term performance of our core business and to facilitate comparison of our results to those of peer companies and over multiple periods. In addition to these exclusions, we subtract an assumed provision for income taxes to calculate non-GAAP net income. We utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision to provide better consistency across the reporting periods. For fiscal 2024 and fiscal 2025, we have determined the projected non-GAAP tax rate to be 20%. Free cash flow : We define free cash flow as net cash provided by operating activities less purchases of property and equipment. We believe free cash flow is an important liquidity measure of the cash that is available (if any), after purchases of property and equipment, for operational expenses, investment in our business, and to make acquisitions. Free cash flow is useful to investors as a liquidity measure because it measures our ability to generate or use cash in excess of our capital investments in property and equipment. Once our business needs and obligations are met, cash can be used to maintain a strong balance sheet and invest in future growth. Billings : We define billings as total revenues plus the change in our contract liabilities and refund liability less contract assets and unbilled accounts receivable in a given period. Billings reflects sales to new customers plus subscription renewals and additional sales to existing customers. Only amounts invoiced to a customer in a given period are included in billings. We believe billings can be used to measure our periodic performance, when taking into consideration the timing aspects of customer renewals, which represents a large component of our business. Given that most of our customers pay in annual installments one year in advance, but we typically recognize a majority of the related revenue ratably over time, we use billings to measure and monitor our ability to provide our business with the working capital generated by upfront payments from our customers. For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measure, please see "Reconciliation of GAAP to Non-GAAP Financial Measures" below. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, (in thousands, except per share data) 2024 2023 2024 2023 Revenue: Subscription $ 734,693 $ 682,352 $ 2,143,542 $ 1,991,026 Professional services and other 20,127 18,069 56,945 58,470 Total revenue 754,820 700,421 2,200,487 2,049,496 Cost of revenue: Subscription 134,587 114,227 393,561 339,354 Professional services and other 21,950 28,418 67,887 85,360 Total cost of revenue 156,537 142,645 461,448 424,714 Gross profit 598,283 557,776 1,739,039 1,624,782 Operating expenses: Sales and marketing 290,597 292,473 859,705 867,916 Research and development 151,101 136,640 432,992 387,964 General and administrative 97,555 108,215 277,162 316,910 Restructuring and other related charges — 710 29,721 30,293 Total operating expenses 539,253 538,038 1,599,580 1,603,083 Income from operations 59,030 19,738 139,459 21,699 Interest expense (462) (1,577) (1,150) (5,135) Interest income and other income, net 13,006 17,673 41,745 47,373 Income before provision for (benefit from) income taxes 71,574 35,834 180,054 63,937 Provision for (benefit from) income taxes 9,151 (2,971) (804,340) 17,198 Net income $ 62,423 $ 38,805 $ 984,394 $ 46,739 Net income per share attributable to common stockholders: Basic $ 0.31 $ 0.19 $ 4.81 $ 0.23 Diluted $ 0.30 $ 0.19 $ 4.69 $ 0.23 Weighted-average shares used in computing net income per share: Basic 203,567 204,456 204,674 203,609 Diluted 208,706 208,054 209,755 208,317 Stock-based compensation expense included in costs and expenses: Cost of revenue—subscription $ 14,862 $ 13,705 $ 44,636 $ 38,143 Cost of revenue—professional services and other 4,765 7,343 14,465 21,359 Sales and marketing 49,347 53,715 154,396 150,604 Research and development 53,184 48,310 150,816 129,458 General and administrative 31,070 36,337 91,239 111,271 Restructuring and other related charges — 8 4,836 4,996 CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (in thousands) October 31, 2024 January 31, 2024 Assets Current assets Cash and cash equivalents $ 610,870 $ 797,060 Investments—current 331,506 248,402 Accounts receivable, net 300,444 439,299 Contract assets—current 13,645 15,922 Prepaid expenses and other current assets 75,412 66,984 Total current assets 1,331,877 1,567,667 Investments—noncurrent 112,805 121,977 Property and equipment, net 278,623 245,173 Operating lease right-of-use assets 113,365 123,188 Goodwill 455,678 353,138 Intangible assets, net 83,307 50,905 Deferred contract acquisition costs—noncurrent 445,987 409,627 Deferred tax assets—noncurrent 816,538 2,031 Other assets—noncurrent 132,028 97,584 Total assets $ 3,770,208 $ 2,971,290 Liabilities and Equity Current liabilities Accounts payable $ 18,144 $ 19,029 Accrued expenses and other current liabilities 94,591 104,037 Accrued compensation 158,779 195,266 Contract liabilities—current 1,307,749 1,320,059 Operating lease liabilities—current 19,507 22,230 Total current liabilities 1,598,770 1,660,621 Contract liabilities—noncurrent 22,931 21,980
In the aftermath of this harrowing experience, the elderly tourists have been provided with necessary assistance and support to ensure their safe return home. The incident has underscored the importance of vigilance and caution when booking travel arrangements and serves as a cautionary tale for tourists to be wary of deals that seem too good to be true.
As the construction of the new house progresses, Tang Shangjun's mother looks on with tears of joy and gratitude in her eyes. She is deeply moved by her son's thoughtfulness and determination to fulfill her long-held dream. To her, the new house is not just a physical structure, but a symbol of the love and appreciation that Tang has for her, a testament to the strong bond between a mother and her devoted son.The CCDI, as the highest internal control institution within the Communist Party of China (CPC), plays a pivotal role in combating corruption, enforcing discipline, and upholding the Party's standards of conduct. Over the years, the Commission has spearheaded numerous anti-corruption campaigns and disciplinary actions, showcasing the Party's unwavering commitment to maintaining clean and efficient governance.
NHS hospitals are facing a £13 billion repair bill with more than 700 dangerous incidents a year putting patients and staff at risk. Government figures show that the cost of dealing with the backlog has increased by 15 per cent in just a year — with £2.7 billion worth of work needed to fix faults that risks serious injury or a “catastrophic failure of services”. Some hospitals face repair bills of more than £400 million while thirty hospitals have backlogs totalling above £100 million. Problems reported by hospitals include a ceiling collapsing in a clinical area, sewage leaks and power failures. At Epsom and St Helier University Hospitals Trust ambulances have had to move patients from one part of the hospital to another because of
