BT agrees £210m sale of London headquarters July 17, 2019 BT has agreed the sale of its London headquarters as it pushes ahead with a radical turnaround plan. Read more: BT may cut dividend to fund full-fibre rollout The telecoms giant today said it has sold the BT Centre, its home since 1984, to Orion Capital Managers for £209.6m. The deal for the 300,000 square [...]
Hiring Jose Mourinho is a roll of the dice, but Daniel Levy must’ve felt keeping Mauricio Pochettino was the bigger gamble November 20, 2019 Tottenham chairman Daniel Levy doesn’t strike me as a gambler but his decision to sack the manager who took the club to a Champions League final and replace him with Jose Mourinho is a roll of the dice. On the face of it, Mauricio Pochettino’s departure is a surprise. While being 14th in the Premier [...]
Everton target Duncan Ferguson’s polar opposite in Carlo Ancelotti December 17, 2019 For all the emotion and passion that Duncan Ferguson has instilled in Everton during the last two games, tonight’s EFL Cup quarter-final with Leicester looks set to be his last in charge. Ferguson has worn his heart on his sleeve as interim boss and a win against Chelsea and draw away to Manchester United certainly [...]
Barclays to restructure 460 UK jobs and cut more than 50 roles April 9, 2019 Barclays is set to carry out a restructuring plan that will slash around 54 roles and impact at least 400 more across the UK. A Barclays spokesperson said while the bank will relocate a number of operations and technology roles, it is not reducing the overall number of jobs overall, except in a few cases of duplication, and will remain [...]
Norwich win over Man City highlighted all that’s exciting about new season September 15, 2019 There is an invigorating unfamiliarity to the new Premier League season, with some eye-catching displays from the promoted teams introducing a new cast of exciting players and, most surprisingly of all, a feeble start to their title defence from Manchester City. Norwich City’s improbable 3-2 victory over City on Saturday evening wrapped all of those [...]
Crystal Palace hawked for sale in £210m deal October 1, 2019 Crystal Palace are being hawked to prospective buyers in a deal which would value the Premier League football club at £210m. A document circulating among bankers and seen by City A.M. offers to facilitate the purchase of at least 75 per cent and up to 90 per cent for either a single buyer or a [...]
Three down: Customers demand refunds as mobile network outage wipes out data and minutes October 17, 2019 Thousands of customers took to Twitter to complain after Three failed to acknowledge a mobile network outage that wiped out data and calls after occurring last night. People were unable to receive 4G data or mobile phone signal to make calls across the UK, but Three was tight-lipped on the root cause of the problem. [...]
Business groups urge caution over chancellor’s minimum wage rise plan September 30, 2019 British business groups have urged caution over chancellor Sajid Javid’s pledge to markedly increase the minimum wage while welcoming his confirmation that he will boost spending on infrastructure. Read more: Sajid Javid to increase national living wage to £10.50 In his speech to the Conservative conference in Manchester, Javid announced an increase of the minimum [...]
Agents row in extra-time: Why Fifa is at loggerheads with football’s leading intermediaries over new rule proposals February 4, 2020 A battle which has been rumbling on behind the scenes in football appears set to explode into full public view over the coming months, with the sport’s governing body going head to head with some of its most powerful figures. The issue at the heart of the matter has nothing to do with what occurs [...]
Chancellor Sajid Javid unveils £17bn no-deal Brexit cushion September 30, 2019 Sajid Javid will today unveil a package of spending pledges as the party goes on an election footing at its annual Conservative conference in Manchester. The chancellor will double down on Boris Johnson’s pledge to leave the EU with or without a deal on 31 October, promising a £16.6bn so-called no-deal Brexit guarantee to cushion [...]