Will Formula 1 need to refund sponsors for cancelled Middle East races? August 2, 2026 Anna Sowerby dissects what happens with sponsorship agreements when events, such as Formula 1 Grands Prix, are cancelled As we enjoy yet another blockbuster summer of sport, the current global landscape is a stark reminder of just how quickly situations can change and put events at risk of being cancelled. The obvious example being the [...]
FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss August 1, 2026 The financial watchdog’s clampdown on digital assets will remove bad actors and attract more customers, The UK boss of one of the world’s largest crypto platforms has said. Keith Grose, UK chief executive of Coinbase, said the rules outlined by the Financial Conduct Authority (FCA) earlier this month will “wipe out” firms who do not [...]
Manchester United’s new stadium is a test of sports finance – but markets have a solution August 1, 2026 Manchester United’s proposed 100,000-seat stadium represents one of the largest sports infrastructure projects currently under consideration in Europe. The development is intended to become the centrepiece of a wider regeneration of the Old Trafford area, combining a new sporting venue with commercial, residential and entertainment uses. For investors, however, the defining question will be less [...]
Fifa won’t fix itself – scrap it now and set up a World FA, led by Uefa and South America July 31, 2026 Football’s world governing body Fifa is beyond reform; a better idea is to abolish it and replace it with a new organisation, argues ethics expert Thomas Beschorner. The games are over, but the aftertaste remains. As wonderful as the matches on the pitch were, Fifa, as organiser of this summer’s World Cup, has once again [...]
Healey announces early Budget July 31, 2026 John Healey has confirmed he will deliver his first Budget on 28 October as he pledged to “shift power and money out of Westminster”. The Chancellor said on Friday that his first fiscal statement would “back Britain’s communities” setting the stage for a Budget that economists have predicted will be the country’s third in a [...]
Chelsea fined £10m, avoid points penalty and receive Mykhailo Mudryk boost July 31, 2026 Chelsea have been fined a further £10m by the Football Association but avoided a points deduction after admitting more than 70 charges of breaking financial rules. The breaches took place under the previous ownership of Roman Abramovich and related to secret payments to agents, including in the signings of Eden Hazard, Willian and Samuel Eto’o. [...]
Can a team of retail veterans solve Argos’ catalogue of woes? July 31, 2026 The death of the Argos catalogue in 2021 after nearly half a century prompted a period of mourning for many in Britain – including the retailer’s new owner. “I used to sit around the kitchen table putting green shield stamps into books,” Richard Pennycook said on Friday, referring to the original iteration of the catalogue. [...]
Boozy lunches still on the menu: Law firms bankroll juniors to schmooze clients in the City July 31, 2026 The long lunch, a cornerstone for corporate workers wooing clients in the City, has been considered to be on the decline with the rise of hybrid working, stretched budgets, and a new cohort of young professionals opting for alcohol-free options. But at law firms, this tradition is not off the menu; instead, it is being [...]
Padel chief: A sport which succeeds in London gets noticed around the world July 31, 2026 Ahead of the London Premier Padel P1 in August Luigi Carraro makes the case for the capital and why sport loves the city. What I have always loved about London is that it knows a sport worth watching when it sees one. The London 2012 Olympic and Paralympic Games was no better example of that [...]
The GCC’s AI strategy: Inside the region’s $150bn race July 31, 2026 Understanding the GCC’s AI strategy is essential for unlocking opportunities from the UK-GCC Free Trade Agreement and the region’s $150bn AI push. AI is a powerful accelerant for solving complex challenges. The GCC’s AI strategy calls for heavy investment in digital infrastructure, and the UK-GCC FTA is creating new opportunities to capitalize on it. What’s [...]