Outlook 2022: UK equities December 16, 2021 The UK holds many mispriced opportunities for stockpickers. Pick-up in M&A activity is striking. Stock market fit for the future. Sue Noffke, Head of UK Equities: UK shares remain cheap because of the perceived significant political and economic risks of Brexit, which continue to linger and depress the valuation of the UK stock market. We [...]
BT’s brand value drops as new boss prepares image overhaul May 21, 2019 The value of telecoms giant BT’s brand slumped this year as new chief executive Philip Jansen prepares to overhaul the company’s image. BT dropped two rankings to 10th place this year as its brand value, which is calculated as the net economic benefit its owner would receive if it licensed the brand in the open [...]
Crystal Palace owner Josh Harris tips Premier League rights to rise in value October 6, 2021 Crystal Palace co-owner Josh Harris has predicted that Premier League media rights will continue to rise in value, defying forecasts that football’s bubble may be about to burst. The league’s domestic broadcast revenues appear to have plateaued for now and the global sports rights market has cooled, in part as a result of the pandemic. [...]
Premier League clubs slip to record £1bn loss as Covid-19 hammers income from match days and broadcasters June 15, 2021 Premier League clubs suffered a record aggregate pre-tax loss of almost £1bn in 2019-20 as a result of Covid-19’s impact on football. The combined revenues of the 20 top-flight teams fell for the first time ever to £4.5bn, a drop of 13 per cent, according to Deloitte. A delay to the completion of the season, [...]
Why Test cricket is back on Channel 4 and what it means for the future of sport on terrestrial TV February 2, 2021 For the first time since the heady 2005 Ashes series, Test cricket is returning to British terrestrial television. Channel 4 has bought the rights to show England’s tour of India, which begins on Friday in Chennai. But why is cricket back on a free-to-air broadcaster? Who stands to gain? And what does this mean for [...]
Talk Talk shares leap as Toscafund makes buyout offer October 8, 2020 Shares in Talk Talk leapt 16.5 per cent after the telecoms firm revealed that it had received a buyout offer from asset manager Toscafund. The offer, which prices the internet operator at 97p per share, comes with a number of conditions attached, including the support of chairman Sir Charles Dunstone. The deal values the firm [...]
US stocks open higher to cancel out last week’s rout August 23, 2021 US stocks rose sharply today to help claw back sharp losses registered in last week’s deeply volatile trading environment. The blue-chip S&P 500 jumped 0.95 per cent to 4,483.95 points, while the Dow Jones climbed 0.72 per cent to 35,372.11 points. The tech-heavy Nasdaq was on track for another record high, surging 1.59 per cent [...]
Ashes: Five things we’ve learned from Test two, day four December 19, 2021 It’s been a wild ride watching England in the second Ashes Test these last few days, but not in an exciting “we might do it” kind of way. The disappointment has been palpable, but not surprising, and on day four England began the task of chasing more than 450 runs. At the end of play, [...]
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 [...]
Labour plays down BT renationalisation rumour July 2, 2019 Labour played down rumours yesterday it was looking to renationalise BT in a move that would cost around £30 billion. It was reported that advisers to Labour leader Jeremy Corbyn were considering a plan drawn up by the Communications Workers’ Union to bring the company back into public ownership. Labour’s shadow chancellor John McDonnell poured [...]