Tour de France: Chris Froome faces toughest challenge of his career following salbutamol case fallout July 5, 2018 In a way, when Chris Froome takes to the Tour de France start line at Noirmoutier-en-l’Ile in the west of the country on Saturday he will have already won. After nine months of conjecture, criticism and doubt the 33-year-old Team Sky rider had his anti-doping case dropped by cycling’s world governing body, the UCI, on [...]
Tesco boss and CBI president John Allan calls for ‘orderly’ Brexit June 17, 2018 The chairman of Tesco and Barratt Developments, John Allan, has hit out at the government and called for an “orderly” Brexit that is best for business. In an interview with the Daily Telegraph, Allan said that leaving the EU is “going to have an impact on the economy” and said the UK needs to the [...]
Outgoing Network Rail chief Mark Carne turns down £70,000 bonus over ongoing train timetable saga June 15, 2018 The outgoing boss of Network Rail Mark Carne has turned down his annual £74,000 bonus for the year following the company's role in the ongoing timetable disaster that has wreaked havoc across London and the North. Rail Magazine reported that Carne had written to the Network Rail chairman, Sir Peter Hendy, to say that he [...]
PwC faces record-breaking £10m fine over poor BHS audit June 12, 2018 Big Four accountancy giant PwC has been slapped with a record £10m fine from the Financial Reporting Council (FRC) for its work auditing retailer BHS prior to its sale for £1. The PwC partner who conducted the audit, Steve Denison, is also facing a personal fine of £500,000 from the FRC relating to his work [...]
EU Withdrawal Bill: Theresa May secures fragile Brexit unity with customs union amendment and plea to Tory MPs June 12, 2018 Theresa May appears to have secured fragile agreement among her MPs to back her ahead of a series of critical votes through an 11th hour meeting and a new customs amendment. The last-minute amendment proposes the government seek a “customs arrangement as part of the framework for the future relationship” with the EU after Brexit. [...]
Theresa May secures fragile unity with customs union amendment and Brexit plea to Tory backbenchers June 11, 2018 Theresa May appears to have secured fragile agreement among her MPs to back her ahead of a series of critical votes through an 11th hour meeting and a new customs amendment. The last-minute amendment proposes the government seek a “customs arrangement as part of the framework for the future relationship” with the EU after Brexit. [...]
Chris Froome’s Giro victory should not be tarnished by the Vuelta salbutamol saga May 29, 2018 Chris Froome’s victory in the Giro d’Italia has propelled him alongside the greatest cyclists of all time – for now, at least. Rolling over the victory line in Rome on Sunday, the Briton became only the third rider to hold all three of cycling’s Grand Tours at once. And the Team Sky rider’s victory puts [...]
Paddy Power Betfair confirms it is in talks to buy FanDuel after US ruling lifting ban on sports betting May 16, 2018 Paddy Power Betfair this morning confirmed it was in talks with FanDuel over a potential merger “to target the prospective US sports betting market”. The betting giant said it was responding to media speculation after reports the bookmaker was in talks to acquire the fantasy sports site. “Discussions are ongoing and there is no certainty [...]
Uber appoints Amazon guruJamie Heywood as regional manager of northern and eastern Europe May 14, 2018 Uber has poached Amazon’s director of electronics as its new regional general manager for northern and eastern Europe as the management shakeups continue. Jamie Heywood will join Uber next month to take on the role that covers its operations in more than 70 cities and 12 countries, including the UK. The role was previously held [...]
Giro d’Italia 2018: Could a Comcast takeover spell the end for Team Sky’s sponsorship? May 4, 2018 This Friday, Chris Froome embarks on his mission to win the Giro d’Italia and achieve his third successive Grand Tour victory with Team Sky, majority owned by Sky Plc. Sky Plc, meanwhile, is in the middle of a bidding war between owner 21st Century Fox and Comcast with a takeover seemingly imminent for a reported [...]