Premier League spent over £45m on legal costs in 2023-24 season September 26, 2024 The Premier League spent more than £45m on legal costs over the 2023-24 football season in an effort to fight alleged rule breakers. The body that runs England’s top flight is currently in ongoing disputes having also concluded proceedings on a number of matters across last season. Everton were hit with two separate points deductions [...]
‘First of its kind’: Prominent lawyers write to Prime Minister for urgent support on Genocide Determination Bill April 17, 2024 The Bill was introduced on 4 December to the House of Lords, and is a first of its kind in the world.
Investor Luke Johnson slams Labour’s ‘socialist fantasy’ workers’ rights reform September 17, 2024 Revolution Bars’ newly-appointed chair and seasoned investor Luke Johnson has criticised Labour’s proposed workers’ rights overhaul, calling it a “socialist fantasy.” Labour is preparing a sweeping reform to tackle the UK’s “culture of presenteeism,” including a ban on “exploitative” zero-hours contracts and day-one employment rights. The government argues the changes will drive employee productivity. However, [...]
Wise: London darling feels benefit of higher interest rates on bottom line April 16, 2024 Cross-border volumes for all customers rose 14 per cent to over £30bn with "strong growth" in the smaller personal volume.
IKEA to open new stores as UK profits more than double January 31, 2024 IKEA's UK profits more than doubled during its latest financial year as it sets it sights on opening new stores.
Heathrow: Passenger numbers soar as boss hails ‘busiest summer’ September 11, 2024 Heathrow Airport has reported a fourth consecutive month of record-breaking passenger traffic in what has proved one of the UK’s busiest ever summers for travel demand. Some 8m travellers passed through in August, up 5.5 per cent year-on-year and bringing the West London hub’s rolling 12 month total to 82.6m. Heathrow said it was “on [...]
Gymshark names bodybuilder Chris Bumstead as new shareholder September 10, 2024 Fitness apparel brand Gymshark has named bodybuilder Chris Bumstead as a new shareholder. The Solihull-headquartered business has not revealed the percentage stake Bumstead now holds. Gymshark was founded by Ben Francis and Lewis Morgan in 2012. In 2020, it was valued at more than £1bn when US private equity firm General Atlantic acquired a 21 [...]
Schroders promotes former PwC executive to top job as Harrison steps down September 10, 2024 Schroders has confirmed the promotion of its finance chief to the top job today as long-time boss Peter Harrison prepares to step down in November. In a statement to the market, the FTSE 100 asset manager said Richard Oldfield, who has served as chief financial officer since last year, will take over the reins from [...]
Retailers fret over human rights abuses in supply chains September 9, 2024 Concern among retail leaders comes amid controversy over Shein’s planned blockbuster listing on the London Stock Exchange.
Burberry boosted by China re-opening as share price darling reports solid growth May 18, 2023 Burberry boss Jonathan Akeroyd said this morning he was “very pleased” with a set of full-year results that saw reported profit up more than 20 per cent year on year. Revenues topped the £3bn mark in the twelve months to the start of April this year, with the fourth quarter given a significant boost by [...]