Leicester City stars face up to 50 per cent wage cuts after relegation Sport Business Leicester City’s players are facing wage cuts of up to 50 per cent next season following their relegation from the Premier League. Leicester have acted to protect themselves when offering contracts to new players in recent years having also been relegated two seasons ago, with recent arrivals agreeing to pay cuts of between 35 and [...]
England Cricket drives on sponsor roster with Toyota deal Sport Business England Cricket have strengthened their sponsorship roster with agreement with car giant Toyota. The multi-year deal will see the Japanese motor manufacturer become a principal partner of the England and Wales Cricket Board, supporting the grassroots game nationwide. It comes as banking giant Barclays became the main sponsor of Lord’s and the MCC. Toyota joins [...]
Allianz Stadium: What could Twickenham rugby arena look like after facelift? Sport Business We’ve all been there, kettled into Twickenham station after a day out at Allianz Stadium watching England Rugby take on top international opposition. The 82,000-seat national stadium is the biggest purpose-built rugby arena in the world and sits behind only Wembley Stadium’s 90,000 in terms of UK capacity. But Allianz Stadium and its surrounding area [...]
Women’s Boat Race beats Lionesses in TV figures April 15, 2025 Sunday’s women’s Boat Race became the country’s most watched female sporting event this year, TV broadcasting data has revealed. The peak figure of over 2.1m tops the previous 2025 record, when 1.2m watched England’s Lionesses play in the Uefa Women’s Nations League match against Belgium on ITV1, which took place earlier this month at Bristol [...]
Inflation expected to ease slightly in March amid uncertain future April 15, 2025 Inflation in the month to March is expected to remain well above the Bank of England’s target rate of two per cent, putting policymakers in an awkward position ahead of a potential interest rate cut in May. A Bloomberg poll of economists said that consumer price inflation (CPI) on a year-on-year basis will hit 2.7 [...]
Bank of England’s postponement of bond sale is a ‘precaution’ April 10, 2025 The Bank of England’s decision to postpone the sale of long-dated bonds to after June following market volatility was a “precaution”, according to deputy governor Sarah Breeden. President Donald Trump’s tariffs sent markets around the world into a state of panic as 30-year gilt yields surged to its highest level since 1998, pushing up borrowing [...]
Stats body aims to publish key jobs data in late 2026 April 10, 2025 The UK’s official statistics body has set a target of November 2026 for the reform of its flagship Labour Force Survey (LFS), which monitors the UK jobs market. The Office for National Statistics (ONS) has been dogged by several troubles in data gathering, prompting criticism from the Bank of England as well as an intervention [...]
Exclusive: Former Bank of England policymaker calls for interest rates to be held amid high inflation April 10, 2025 A former Bank of England rate-setter has suggested that high inflation levels call for interest rates to be held at 4.5 per cent in May. The majority of investors and analysts are expecting the Bank to cut interest rates next month to ease low growth concerns, with up to three more cuts priced in until [...]
Reeves held responsible as marginal growth expected April 8, 2025 Chancellor Rachel Reeves has had to watch the UK economy trudge along since she took up residence at 11 Downing Street. But even more bad news has been forecast to come before another lot this summer, and potentially no better news later this year. This Friday, the Office for National Statistics (ONS) is poised to [...]
‘Awful April’ price hikes will cause ‘inflation surge’ April 1, 2025 Sweeping price hikes coming into effect from Tuesday are set to push up inflation, a leading economics consultancy has said, as what many have called ‘Awful April’ is set to put an extra burden on businesses’ costs. Higher costs in everything from water to energy will contribute to a rise in inflation that peaks at [...]