Europa League final: Why American businessmen have invested in clubs like Marseille and Liverpool May 16, 2018 Marseille fans looking forward to tonight’s Europa League final against Atletico Madrid have soccer-playing school kids in the United States to thank, according to David McCourt, whose brother Frank has revived the club. The French team, in their first major European final for 14 years, were one of four sides in this year’s Champions League [...]
Government calls in the lawyers to check if two customs options are legal May 16, 2018 Cabinet office minister David Lidington admitted this morning that the government had asked lawyers to look at the two post-Brexit customs options to check if they are legal. The cabinet is currently divided over two future customs options – the customs partnership model, which would see the UK collect taxes on behalf of the EU [...]
Micro Focus share price jumps after saying six-month sales will be better than expected May 16, 2018 Micro Focus appears to have staved off the threat of being dumped out of Britain’s blue-chip index with a better-than-expected trading update this morning. The tech giant, which has treated its shareholders to a roller-coaster ride in recent months, said revenue for the six months to April 2018 would be “better than the management guidance” [...]
Bank of England deputy governor Ben Broadbent apologises for referring to ‘menopausal’ UK economy past its peak May 16, 2018 Bank of England deputy governor Ben Broadbent has apologised for using the term “menopausal” to describe the UK economy. In a statement released this morning, he said: I’m sorry for my poor choice of language in an interview with the Telegraph yesterday and regret the offence caused. I was explaining the meaning of the word [...]
Carillion collapse: Fail to learn and ‘I don’t think we’ll have a profession in 20 years time’, says accounting chief May 16, 2018 Big Four giants Deloitte, PwC, EY and KPMG face extinction if they fail to learn the lessons from the failure of contracting giant Carillion, the head of Britain’s leading accountancy institution warned this morning. Carillion’s mid-January collapse is a “watershed moment” for accountants both big and small, Institute of Chartered Accountants in England & Wales [...]
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 [...]
Marketing emails from companies asking for your data consent could be in breach of GDPR May 16, 2018 Most of us will have received emails over the recent weeks from businesses asking us to confirm that we want to continue to hear from them. They will use phrases like “we take your privacy very seriously” and “if you don’t tick the box below, we will no longer be able to hold your data [...]
The swashbuckling author of Be More Pirate is teaching entrepreneurs how to be maritime buccaneers May 16, 2018 Before Disney’s Pirates of the Caribbean franchise, maritime swashbucklers were about more than eyeliner and Orlando Bloom. In fact, it’s possible Robert Louis Stevenson was closer to the mark in presenting pirates as heroic outlaws, whose thievery and sword-fighting merit glorification over farcical misrepresentation. This is the view of entrepreneur-turned-writer, Sam Conniff Allende. The Livity [...]
The fallout from BMW’s recent recall isn’t likely to last as YouGov data shows it has a solid impression score May 16, 2018 Last week, car manufacturer BMW announced that it would be recalling certain cars after it was found that some vehicles could completely cut out while being driven. The recall covers both petrol and diesel vehicles from the BMW 1 series, 3 series, and X1 models manufactured between March 2007 and August 2011. YouGov BrandIndex data [...]
David Miliband is delusional if he thinks he can block Brexit May 16, 2018 In case you have forgotten who David Miliband is, let me help: there is a photo of the former foreign secretary holding a banana. It captured in one surreal image everything you need to know about him and why you should not listen to a word he says. No intelligent or self-respecting politician would be [...]