NFL international series estimated to have given London £45m boost October 28, 2015 The NFL international series' three games at Wembley this year will have generated £45m for the London according to economic estimates. In the final of three fixtures staged in London this year, over 80,000 fans are expected to fill Wembley to watch the Detroit Lions make London play the Kansas City Chiefs on Sunday afternoon. And [...]
Why don’t Manchester United have a women’s team? It’s a business no-brainer for Ed Woodward and the Glazers March 11, 2016 An Official Digital Transformation Partner, an Official Paint Provider, an Official Global Noodle Partner… the list goes on. Manchester United’s commercial team are experts at milking cash from the club’s global reach and appeal. It seems that everything and anything that can be sponsored at Old Trafford already is, yet still United continue to unveil [...]
Negative interest rates spark 2016 gold rush – but can German buyers push prices even higher? March 29, 2016 Almost a quarter of world GDP lies in economies whose central banks now have negative interest rates of some form. This experimental policy – used variously to weaken strengthening currencies and attempt to stimulate growth – has its fans, but investors have not been among them. “There’s a sense that central banks are running out [...]
Job automation makes boosting social mobility vital for business October 15, 2015 It is an alarming and uncomfortable fact that the UK has one of the poorest rates of social mobility in the developed world. People born into low-income families, regardless of their talent or their hard work, do not have the same access to opportunities as those born into more privileged circumstances. Research from the Sutton [...]
Cranes fill London’s skyline as office building activity hits seven-year high November 10, 2015 Building activity in central London has jumped by 28 per cent in the last six months to a reach a seven-year high, according to data released today. Deloitte Real Estate’s latest Crane Survey, which tracks building activity across the capital, said there were 26 new starts in the period totalling three million square feet and [...]
City Moves for 6 January 2016 | Who’s switching jobs January 6, 2016 Victoria Michael Scott been appointed group finance director of Aim 50-listed floorcovering designers and manufacturers Victoria. Michael joins after eight years at Rothschild, where, as part of its global financial advisory business, he worked across a wide range of public and private company transactions, mergers and acquisitions and debt and equity-related fundraisings. He qualified as [...]
September retail sales smash economist expectations paving the way for a record UK Black Friday 2015 October 22, 2015 There was good news for the high street after retail sales surged in September, boosted by the late August bank holiday weekend and beer sales related to the Rugby World Cup. Retail sales volumes jumped by 1.9 per cent on the month, smashing economist expectations of a 0.3 per cent rise, the Office for National [...]
Deloitte: Facebook added $6.6bn to the UK economy in 2014 January 20, 2015 Facebook added $227bn (£149bn) to the global economy in 2014, according to a Deloitte and Touche report commissioned by the social media giant. Although Facebook only generated revenue of $12bn (£7.9bn) in the financial year, the report calculates all the economic activity “enabled” by the social media platform. These include businesses with pages [...]
Everton takeover: Are the club really worth £200m? A former director explains what Farhad Moshiri will consider February 27, 2016 As the club’s Commercial Director, I helped Everton to achieve their aim of becoming one of the 20 richest clubs according to the annual Deloitte Football Club report. It was felt that, by attaining this position, Everton would be attractive to prospective purchasers. That was ten years ago, and they have still not found a buyer [...]
Sir Philip Green admits he made “a bad call” selling BHS to Dominic Chappell June 15, 2016 Sir Philip Green has said he is working on finding a solution for BHS pensioners and claimed most of the buyers who came forward for the company wanted to put it into administration. There have been some testy exchanges as Green faces a grilling from MPs, with questions so far focussing on the advisers who worked with [...]