Top English clubs and JP Morgan ‘in talks’ over $6bn European super league October 20, 2020 US banking giant JP Morgan and top-flight English clubs are said to be in talks over a game-changing $6bn (£4.6bn) plot to launch a new Fifa-backed European football league.
Lloyd’s of London has emergency coronavirus plan in case building locked down March 4, 2020 Lloyd’s of London has “emergency trading protocols” to ensure business continuity if access to its building is restricted due to the coronavirus epidemic. The 330 year-old insurance market will encourage electronic placing, it said in a market notice dated yesterday. Lloyd’s is one of the last bastions of face-to-face trading in the City, with insurance [...]
Castore founder Tom Beahon on swapping life in the City and as a footballer to start fast-growing British premium sportswear brand March 12, 2021 Steven Gerrard wasn’t the only Liverpudlian celebrating when his Rangers team returned to the summit of Scottish football last weekend. Watching at home on Merseyside were Tom Beahon, 31, and brother Phil, 28, the founders of British sportswear brand Castore. Last year, Castore signed Rangers as their first football client. On Sunday, they toasted the [...]
London needs offices to thrive to secure its global future January 15, 2021 Are cities dead? There are plenty who think so – but Britain should hope they’re wrong. “The history book has not yet been written for cities” is the rallying cry emanating from Government. Those were Rishi Sunak’s words, echoing the Prime Minister’s faith when he spoke with FTSE 250 leaders last week that, post-pandemic, we [...]
Rugby League World Cup chief Jon Dutton: We’re very optimistic that we’ll have full stadiums April 6, 2021 Organising a major international sporting event is a logistical labyrinth at the best of times. Doing so when your dining room has been your office for the past year, when you haven’t yet met most of your staff, and when it has been impossible to be certain how or even if the event will take [...]
EY UK to cut partner profit 20 per cent in coronavirus response April 15, 2020 EY UK said today it will cut partner profit 20 per cent in response to the coronavirus pandemic. The firm said in a statement that “its partners will do everything possible to navigate through the covid-19 situation with no redundancies amongst its 17,000 UK employees, no people furloughed and no reduction in employee salaries.” The [...]
Test and Trace: Impact of £37bn scheme ‘limited’ as Brits shun self-isolation April 1, 2021 The Government has responded to a damnig report which found the effectiveness of the UK’s £37bn Test and Trace programme is “limited” due to the widespread failure of Brits to recognise Covid symptoms and self-isolate. A large study examining the NHS system found that fewer than one in five people request a Covid-19 test if [...]
The world’s richest football clubs 2019: Real Madrid replace Manchester United at top of Deloitte Football Money League January 23, 2019 Manchester United have lost their status as the world’s richest club after Real Madrid replaced them at the top of Deloitte’s Football Money League. The Spanish giants ended United’s two-year domination of the annual list by generating revenue of €751m (£665m) last season – an all-time record for any football club. Read more: Spurs vs [...]
Natwest to bring wealth management divisions under single leadership August 14, 2020 Natwest has today announced that it will bring all of its wealth management businesses under the single leadership of private banking chief executive Peter Flavel. In a bid to strengthen its relationship with its high and ultra-high net worth clients, the lender said the move would bring together Coutts, Adam & Company, Holt’s, Drummonds, PCAIS [...]
KPMG set to slash jobs and pension contributions in cost-cutting drive July 22, 2020 KPMG is set to cut more than 100 jobs and slash contributions to employees’ pensions in a bid to slash costs during the pandemic. The Big Four firm is expected to cut just under 200 jobs across the UK ahead of the long-awaited reform of the audit reform. Sky News first reported that partners and [...]