Coronavirus: The County Championship might have to be sacrificed this summer for good of the game, says Angus Fraser March 26, 2020 The County Championship might have to be sacrificed this summer so that domestic cricket can come out of the coronavirus pandemic in the strongest possible position, according to Middlesex’s managing director of cricket Angus Fraser. The start of the cricket season has been pushed back from 12 April to 28 May at the earliest by [...]
Citi to wind up Russia operations as Wall Street giant fails to find a buyer August 25, 2022 Reuters Wall Street giant Citi will close its consumer and commercial banking businesses in Russia starting this quarter and expects to incur about $170 million in charges over the next 18 months as a result, the company said on Thursday. The U.S. bank with the largest presence in Russia announced plans in April 2021 to [...]
Households face extra £271 on annual food bill as grocery inflation highest since 2011 April 26, 2022 Households are facing an additional £271 to their grocery bill, with price inflation now standing at the highest level in over a decade. According to fresh data from Kantar, grocery price inflation has reached 5.9 per cent, the highest level since December 2011. Brits are facing a slew of price increases this spring, as businesses [...]
High street loses 83 per cent of department stores in five years August 27, 2021 The UK high street has lost 83 per cent of its main department stores in the five years following the collapse of the BHS group. More than two-thirds of these shops remain unoccupied as shoppers have switched to online stores, commercial property information provider CoStar Group found. Some 237 big stores that were once occupied [...]
Superdry and Dr Martens shares tank on London exits and fears for the future April 16, 2024 Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
Ollie Phillips: England should let the shackles off at front row and midfield June 9, 2023 On Monday morning, England head coach Steve Borthwick will name his initial training squad for this year’s Rugby World Cup. Though players from the four sides who made the Premiership semi-finals will not be included in the first squad of the summer, it’s hard to get excited given some of England’s selection woes. Today I [...]
Friend or foe? Why short sellers are in the headlines again September 9, 2023 Short sellers can call out fraud and malfeasance but many want a firmer regulatory watch over their activities
JD Sports: Why Peter Cowgill’s scandal-stricken exit was only a temporary blip in the brand’s race to the top May 9, 2023 JD Sports has no problem showing rivals how it’s done. This morning the ‘king of trainers’ kicked off its five year growth strategy, with a proposed acquisition of a leading French sports brand Courir, costing the brand a weighty £425m. As share price for JD Sports soared over three per cent this morning, it’s clear [...]
Mark Kleinman: LSE chiefs must seize Shein opportunity December 14, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Ocado losses swell as shoppers add less items to their baskets amid cost of living crunch July 21, 2022 Ocado has posted swelling losses after shoppers have added less items to their shopping baskets following the cost of living crunch and easing of lockdown restrictions. Losses widened to £211m, from £27.9m the year prior, for the six month period to 29 May, as customers tightened their purse strings as inflation surged past new 40-year [...]