EFL TV deal: Why Championship clubs are revolting against new £595m Sky broadcasting agreement November 21, 2018 There is a revolt brewing in the second tier of English football. Rather than being met with acclamation, the announcement on Monday that the EFL, which represents the three divisions below the Premier League, had signed a new record £595m, five-year broadcast deal with Sky Sports was greeted by anger from within. As an important [...]
Desert X is Coachella’s lesser known contemporary art festival and it’s drawing 200,000 art lovers to the area January 4, 2019 The locals were… curious. For the past few weeks, as they’d gone about their business around the nine cities that make up Greater Palm Springs, or hiking in the San Jacinto and Santa Rosa mountains, strange things were afoot. A deep hole was being dug into the desert floor close to the small resort town [...]
Brexit in 2019: The only certainty is uncertainty January 4, 2019 Predicting what will happen in the world of politics is a notoriously difficult task at the best of times, but in the current all-bets-are-off climate, surely only a fool would give it a go. City A.M.’s Owen Bennett is that fool, and here are his tips for what to look out for. Brexit May's Brexit [...]
Deloitte boosts partner profits as revenue hits £3.58bn August 28, 2018 Audit giant Deloitte handed its partners an average of £832,000 for the year ended 31 May, a 0.6 per cent year-on-year increase, it said today. Deloitte grew revenue 5.9 per cent to £3.58bn, marking its eighth consecutive year of growth. Read more: Former Arsenal shareholder settles lawsuit with Deloitte and Linklaters Its audit and risk advisory business grew [...]
How do you solve a problem like England’s No3? Ben Stokes’s move highlights uncertainty not flexibility November 13, 2018 Jonathan Trott retired from international cricket in May 2015 after a return to the England side ended in a disappointing stint against the West Indies. While the struggles to find a successor to opener and captain Andrew Strauss following his retirement in 2012 have been well documented, the difficulties in the No3 batting position have [...]
World Tourism Day 2017: Travel industry backs London as weaker pound powers boom September 27, 2017 Big players in the travel and tourism industry brushed off Brexit fears to herald London as a top destination today, as the sector celebrated World Tourism Day. Dana Dunne, chief executive of eDreams Odigeo, told City A.M. that weaker sterling “has been very attractive”, boosting visitor numbers to the capital. According to eDreams figures, this [...]
Crypto: Unchained but regulated October 9, 2018 Crypto is the Millennials’ Rock’n’Roll” says Stephen Castell, ”and Dr Joseph Muscat, the Malta Prime Minister, has emerged as the world’s top crypto rocker, bravely positioning his beautiful sun-kissed sandstone island country, Chair of the Commonwealth, and President of the Council of the EU, as the leader in regulating Blockchain applications, ICOs, cryptocurrency trading and, [...]
UK venture capital firm Draper Esprit partners up with German counterpart Earlybird in merger anticipation July 4, 2018 Draper Esprit, the UK venture capital firm behind Graze, Revolut and Crowdcube, has formed a strategic partnership with fellow prolific tech investor Earlybird Digital West in Germany. The AIM-quoted firm has committed an initial £16m to Earlybird's Fund VI as part of the deal, with a further intention to invest £15m per year for the [...]
Business owners launch last-ditch effort to force action against Royal Bank of Scotland GRG bankers August 29, 2018 Business owners who claim to have been mistreated by Royal Bank of Scotland (RBS) are writing a new report on the bank’s alleged misconduct in a last-ditch effort to force regulators to take action against senior bankers. The group, SME Alliance, said its report will cover new evidence of events in RBS's global restructuring group [...]
Focus On Borough: Huge change is coming to the ancient part of central London. Is it time to buy? October 19, 2018 In many ways, Borough is typical of London. Some parts of it are eye-wateringly old, like foodie haven Borough Market, which celebrated its 1,000th birthday this year. Other parts are tediously touristy, like London Dungeons. Other parts are so recharged, they’re unrecognisable, like Hays Galleria or anything within 100m of The Shard. It’s a muddle, [...]