50 years on, Ford Escort RS returns as official continuation car December 12, 2024 The original Ford Escort is ready to fire back into production, some five decades after the final RS2000 was assembled. County Durham-based Boreham Motorworks, part of the DRVN Automotive Group, has revealed full details of its Escort RS Mk1 ‘Continumod’. Officially licensed by the Ford Motor Company, Boreham Motorworks’ Escort will use a continuation chassis, [...]
Whisky Business: Johnson Reserve’s record-breaking release December 12, 2024 Whisky Business: City AM’s monthly look at the world of whisky. Whisky has become one of the hottest assets in the world over the past decade, but as the financial returns have stacked up for investors, quality has, in some cases, fallen by the wayside. Crafting a memorable whisky takes skill and effort, more so [...]
Hundred salaries rise amid rumours of player boycott of cricket competition December 12, 2024 Salaries for players participating in The Hundred have risen by 25 per cent ahead of the 2025 edition amid rumours players are threatening to boycott the league. Around 50 players are said to be considering snubbing the England and Wales Cricket Board’s flagship short-form competition after restrictions were placed upon where in the world they [...]
Currys reports £32m Budget tax hit December 12, 2024 Consumer electronics retailer Currys has become the latest company to warn about the impact of Labour’s tax raid on its bottom line. In its half-year results for the six months to 26 October 2024, published this morning, management said the estimated cost of recent tax policy changes could amount to as much as £32m. The [...]
Ed Warner: Sport owners mustn’t forget the loyal and local in rush to go global December 12, 2024 In the frenzied rush to create global franchises and events, the sport business risks forgetting local and loyal fans at their peril, says Ed Warner. Storm Darragh dashed many sporting dreams last weekend, including those of the Australian 15-year-old who spent all his savings on a solo trip from Down Under only for the last [...]
Omnicom and IPG staff fret for their future after $13bn mega merger December 12, 2024 Omnicom and IPG sent shockwaves through the advertising sector when they announced a $13bn merger on Monday. Ali Lyon looks at what the deal means for the firms’ agencies, staff and the ad industry as a whole. Advertising, according to Mad Men’s Don Draper, is based on one thing: happiness. Happiness, the protagonist of the [...]
2025 will be a year of green shoots for the City December 12, 2024 Changing mood music should gradually shift sentiment in London’s favour – and with the fire power of pension funds 2025 could be a better year than the City has seen in a while, says Steven Fine In New York, investors are in bullish form. I met one very well-known player recently who nearly knocked me [...]
Square Mile and me: Octopus Money CEO Ruth Handcock December 12, 2024 Octopus Money CEO Ruth Handock tells us about cocktails, 10-hour job interviews and why we need more women in the City What was your first job? Washing neighbours cars inside and out for a pound at the age of 12. Followed by two years at Sainsbury’s on the checkout during sixth form. But both have [...]
Super League Hull FC get new owners worth reported £500m December 11, 2024 Super League club Hull FC was taken over on Wednesday by two businessmen who are reportedly worth a combined £500m. The club, which lost its IMG Grade A status after the conclusion of the 2024 season, has been taken over by former Leeds Rhinos president Andrew Thirkill and businessman David Hood. The pair entered into [...]
Best gadgets 2024: The top tech to buy this Christmas December 11, 2024 Choosing the best gadgets and new tech products can significantly enhance your lifestyle, from outdoor adventures to home offices and entertainment. This guide explores key features to look for in smartwatches, laptops and printers, along with the benefits of innovative technologies like Spatial Audio and cutting-edge processors. Whether you’re upgrading your headphones or seeking advice, [...]