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      Energy prices are high due to a range of factors including volatile gas prices and high net zero levies.

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Sport Business

  • Fresh legal twist in Wimbledon expansion saga

    December 11, 2024

    Wimbledon chiefs have begun a legal process in a bid to see off any lingering threat of a challenge to their £200m expansion plans for the world famous tennis club. Opponents of the scheme want to use an obscure law to quash the planning permission finally granted last month, three years after the plans were [...]

  • Premier Sports hit Champions Cup targets, says broadcaster chief

    December 11, 2024

    Investec Champions Cup broadcaster Premier Sports insisted they hit viewership targets across the opening weekend of action. The Irish broadcaster has taken over the broadcast rights from TNT Sports for Great Britain as part of a three-year deal with the competition’s governing body EPCR. Despite concerns over the coverage, which featured some technical glitches and [...]

  • Ahead of the Game: British Horseracing Authority accused of ‘selling out sport’

    December 11, 2024

    Campaign group Clean Up Gambling has switched horses and is backing racing in the sport’s push to be regulated separately from online casinos and slots.  Clean Up Gambling, which is funded by multimillionaire Labour donor Derek Webb and run by former party official Matt Zarb-Cousin, has called for racing to be exempt from affordability checks [...]

  • Exclusive: Forest, Chelsea and Inter players join £1.1m boot firm Sokito’s funding round

    December 11, 2024

    Players from clubs such as Nottingham Forest, Chelsea and Inter Milan have joined a £1.1m funding round for eco-friendly football boot firm Sokito. A total of 60 players, 44 of whom are new investors, have joined the roster of investors from leagues including the Premier League, MLS and the Bundesliga. Chelsea’s Trevoh Chalobah is on [...]

  • McLaren winning Constructors’ Championship shifts tectonic plates of F1

    December 10, 2024

    At first glance Formula 1 might look like a billionaire boys’ club, where the cash reserves are endless and the supplies infinite. And to a large extent, that’s true. But the motorsport series has a budget cap now which was introduced to level the playing field, to allow challenger teams to take on the might [...]

  • Former Sunak spokesperson lands Chelsea comms job

    December 10, 2024

    Chelsea have hired Rishi Sunak’s former spokesperson, Nerissa Chesterfield, to be their new head of communications. Chesterfield worked with Sunak when he was Prime Minister and in his previous role as Chancellor. It was during this time that the UK government sanctioned Roman Abramovich, forcing him to sell Chelsea. Confirmation of her appointment as director [...]

  • Ferrari to help General Motors and Cadillac Formula 1 entry

    December 10, 2024

    Ferrari will provide engines and a gearbox to the General Motors and Andretti bid that will see Cadillac enter Formula 1 in 2026. The agreement, subject to the American newcomers having their application approved by both Formula 1 and the sports governing body the FIA, represents a huge obstacle passed for the General Motors team, [...]

  • Credit ratings agency tips more top football clubs to ‘do a Tottenham’

    December 10, 2024

    More European football clubs will follow Tottenham Hotspur’s lead by investing in stadiums as broadcast revenues plateau, credit ratings agency Morningstar DBRS has forecast. After decades of strong growth, most top leagues have seen a fall or only marginal increases in the value of their TV contracts – the source of the majority of their [...]

  • Khan’s Global Fighters’ Union wants TV cash to fund ‘Fair Fight’ mission

    December 10, 2024

    Amir Khan’s Global Fighters’ Union has called for broadcasting revenue to fund better working standards for boxers, mixed martial artists and other competitors in combat sports. The Global Fighters’ Union is seeking a similar arrangement to the Professional Footballers’ Association, which receives a £25m annual subsidy from the Premier League’s TV contracts. Khan’s union, which [...]

  • How Playtomic surfed – and fuelled – tidal wave of interest in padel

    December 10, 2024

    The platform now boasts 1.4m active users in Europe, up 40 per cent on last year.

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