David Beckham’s e-sports team Guild to float in London September 9, 2020 David Beckham’s e-sports company is to list on the London Stock Exchange this autumn, raising £20m at a valuation of £50m. If successful, Guild Esports would become the first company of its kind to float in London. Former England captain Beckham is an original shareholder of the group, which was founded in September and launched [...]
Hong Kong hits new heights for season opener September 7, 2020 Hong Kong’s racing season got off to a stellar start with a takings record for an opening meet. Turnover for Sunday’s ten-race curtain raiser at Sha Tin hit HK $1.376bn (£134.2m), up more than six per cent on 2019. The racecourse is still ensuring social distancing guidelines remain in place, with only owners, trainers and [...]
How City businesses are going digital for City Giving Day September 7, 2020 | Sponsored This year, The Lord Mayor’s Appeal’s City Giving Day celebrations will be somewhat different. Many organisations, both new and old, will have to rethink the way they organise events. And we’ve been thrilled that companies have embraced the chance to broaden their horizons and find even more creative ways to support our communities. They are [...]
Tenet film review: Can Christopher Nolan save cinema with his latest time-bending blockbuster? August 29, 2020 Inception filmmaker Christopher Nolan is one of the few remaining directors whose name alone can draw in a crowd. His post-Batman films stand as outliers in this industry – adult-targeted, original stories with no potential for sequels or spin-offs. In fact, Warner Bros have such confidence in the director’s brand that all but the most [...]
Williams F1 team bought by US investment firm Dorilton Capital August 21, 2020 Formula One racing team Williams has been bought by US-based investment firm Dorilton Capital in a deal that marks the end of an era for the family-run group. The team will continue to race and compete under the Williams brand, and will remain at its base at Grove in Oxfordshire. The deal received the unanimous [...]
Charity sector to suffer 60,000 job losses due to coronavirus August 19, 2020 The charity sector has lost more than 25,000 jobs since the coronavirus pandemic began and a further 35,000 could go, according to new data. Analysis of a survey of 455 charities has revealed that there are an estimated five times as many redundancies as the official 5,400 that have been announced. The research from Pro Bono [...]
Lords urge government to protect UK creative industries in post-Brexit trade deal August 5, 2020 A House of Lords committee has written to the culture secretary demanding clarification on how a post-Brexit trade deal will affect the UK’s “overlooked” creative industries, as Britain edges towards the Brexit transition period deadline. In a letter to Oliver Dowden, the House of Lords EU Services sub-committee urged the government to provide a comprehensive [...]
Saudi Arabian takeover of Newcastle United off as bid withdrawn July 30, 2020 The Saudi Arabia-backed bid to takeover Newcastle United football club has been withdrawn this afternoon. A consortium made up of the Gulf state’s Public Investment Fund, PCP Capital Partners and the Reuben brothers had reportedly made a £300m bid to businessman Mike Ashley for the Premier League team. In a statement, the group said: “With [...]
Sky Arts to become free to air channel in bid to boost culture sector July 28, 2020 Sky Arts will become free to air for all viewers in September, as the broadcaster attempts to boost the sector in a “vital time for culture” during the pandemic. Britain’s only TV channel dedicated solely to arts and culture is currently only available to paying customers. However, it will become free to air for all [...]
The Tate Modern reopens next week – but what will it look like in a post-lockdown world? July 25, 2020 Monday will see the reopening of the Tate Modern (as well as the Tate Britain and the offshoots in Liverpool and St Ives) after more than five months behind shutters. And while we’re all becoming accustomed to social distancing in bars, restaurants and shops, how will it affect the UK’s second most popular tourist attraction? [...]