Be Content with Frankie aboard Breeder’s Cup hope Sport SATURDAY is a truly international day of top-class racing with the Breeders’ Cup taking place in Del Mar, California. City Of Troy is the star attraction at the meeting as he attempts to become the first European-trained horse to win the Grade One Breeders’ Cup Classic (9:41pm) on dirt since 1993. However, I’m not convinced [...]
Short Track World Tour: The league revolutionising for relevance Sport When you think of sporting innovation, what comes to mind? The Hundred, maybe, or Saudi’s tennis showcase 6 Kings Slam? Well what about short track speed skating? Because the International Skating Union (ISU) has just launched the first leg of a totally revamped world tour in which 28 franchises compete across six meetings. The ISU [...]
Sir Martin Sorrell: Tax hikes risk hurting UK productivity Economics The government’s potential tax hikes and changes to investment relief could drive capital abroad, discourage hiring and stymie productivity, former WPP chief Sir Martin Sorrell has warned ahead of tomorrow’s Autumn Statement.
Manchester United ready to pay £8m for new manager, say his club October 29, 2024 Manchester United have moved a step closer to appointing Ruben Amorim as their new manager after Sporting Lisbon confirmed the Premier League club had made an approach for the 39-year-old. The Portuguese champions issued a statement to the stock market on Tuesday announcing that United had made contact with a view to paying Amorim’s £8.3m [...]
Convenience stores issued £634m warning ahead of Budget October 29, 2024 A lobby group has warned convenience stores could be set for a huge bill next year as tax hikes are expected to be included in the Autumn Budget. The Association of Convenience Stores has said the sector will face a potential bill of £634m due to wage increases, plus changes to National Insurance contributions and [...]
Tom Brady team wins E1 championship October 29, 2024 Tom Brady’s E1 team won the inaugural championship after a curtailed opening season. After only five races the former NFL star’s team were crowned winners of the all-electric boating series. He fended off teams with involvements from the likes of Sergio Perez, Virat Kohli and Rafael Nadal. Winning team owner, Brady, said “It feels amazing [...]
Legal watchdog slammed for failing to handle Axiom Ince collapse October 29, 2024 The UK's legal regulator has been slammed for mishandling the collapse of Axiom Ince, which resulted in over 1,000 job losses.
Bosses scramble to sell shares amid fears of Budget capital gains tax raid October 29, 2024 UK executives have been “racing to sell shares” at a record rate as fears mount that Chancellor Rachel Reeves will raise capital gains tax at tomorrow’s Budget. Last week, directors sold £29.8m of their companies shares, while only buying £4.1m, leaving a net £25.7m of stocks sold. Meanwhile, over the last month, investors have sold [...]
Competition intensifies in Saudi’s surging insurance industry October 29, 2024 In recent years, Saudi Arabia has been building an insurance industry from scratch. In the process, the country has generated home-grown companies and attracted international giants such as Bupa to help cater to rising demand. So far, the expansion of insurance in the Kingdom has been dizzying. According to Saudi Arabia’s central bank (SAMA), in [...]
Keeping a check on AI Oliver Wyman’s CEO highlights the pitfalls of regulating AI October 29, 2024 AI leaders gathered in Riyadh in September for the Global AI Summit (GAIN). Hosted by the Saudi Data & Artificial Intelligence Authority, GAIN 2024 explored themes such as generative AI, AI in urban life and the ethical governance of AI. Nick Studer, president and CEO of Oliver Wyman, who spoke on ‘AI governance in an interconnected [...]