Michael Gove vows to enact ‘real change’ on a local level to fulfil levelling up agenda – CityAM : CityAM October 4, 2021 Michael Gove, the newly appointed Housing Secretary, attempted to finally add flesh to the bones of the levelling up agenda at Conservative Party Conference yesterday. In his keynote speech in Manchester, Gove, the head of the freshly renamed department for Levelling up, Housing and Communities vowed to provide “real change” for downtrodden regions of the [...]
Spotify Camp Nou: Streaming giant pens £250m sponsorship with Barcelona March 16, 2022 Spotify have agreed a four-year sponsorship deal with Barcelona worth £250m that will result in the club’s stadium being renamed “Spotify Camp Nou” from July. The streaming giant will feature on the front of the men’s and women’s team shirts for the next four seasons, replacing Japanese firm Rakuten as the main sponsor. It comes [...]
Opening match of The Hundred sets UK TV record for women’s cricket July 22, 2021 The opening match of The Hundred, English cricket’s new competition, attracted a record UK television audience for a women’s match. A peak audience of 1.95m watched as the Oval Invincibles beat the Manchester Originals in a closely-fought curtain-raiser to the tournament. The figures marked an encouraging start for a competition that has divided opinion since [...]
Football could be set for new financial watchdog after Crouch review November 24, 2021 ENGLISH football is set for a new financial regulator after a Government-commissioned review into governance of the beautiful game slammed current safeguards as insufficient. The review, written by Tory MP and former sports minister Tracey Crouch, recommends the creation of a new independent watchdog which would oversee financial regulation across football. Last night sources close [...]
Hospitality bosses: Government should ‘do everything possible’ to urge workers back to desks April 19, 2022 City centre business groups have called for the government to have more urgency in encouraging commuters back to offices after figures revealed low attendance numbers at government departments. There was a daily average of only one third of staff back at their desks at the Department for Business, Energy and Industrial Strategy (BEIS), in numbers [...]
A Welsh dream: we can fight international competition with more regional investment April 19, 2022 The City holds the crown as the world’s leading international financial centre. Yet, we can do more to power the UK’s regional commercial hubs. London attracts a diverse pool of financial and professional services talent from all around the globe, and provides unrivalled UK business access to world markets. Its natural impulse for collaboration is [...]
Lucrative Covid-19 contracts drive profits at outsourcer Mitie September 24, 2021 Outsourcer Mitie has lifted its profit guidance due to a string of Covid-linked contracts, which saw it clean Heathrow and Manchester airport, alongside Transport for London (TfL). It now expects operating profit before other items to hit between £145m and £155m, the company said in its half year update. “In our first quarter trading update [...]
Government announces half-price rail fares to help with living costs squeeze April 19, 2022 The UK Government is set to slash rail fares by 50 per cent to help struggling Brits with the cost of living squeeze. Transport secretary Grant Shapps announced more than one million train tickets will be reduced to help Britons afford trips across the UK and boost domestic tourism. The scheme is run on a [...]
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
Best of 2021: Why Saudi Arabia bought Newcastle United December 27, 2021 In this article, originally published in October, sports business expert Professor Simon Chadwick explains the strategic background to the takeover of Newcastle United by a consortium headed by Saudi Arabia’s Public Investment Fund – and why it about much more than football. After years of speculation, prevarication and consternation, Saudi Arabia has at last sealed [...]