FTSE 100 Live: Trump to rock davos; Stocks dip after inflation Markets Good morning and welcome back to the City AM liveblog. Inflation spiked above expectations this morning, coming in at 3.4 per cent, according to fresh figures from the Office for National Statistics (ONS). This soared above a poll of economists by Bloomberg expecting 3.3 per cent. “Inflation ticked up a little in December, driven partly [...]
EU banking rules could ‘choke investment’ from booming City Banking The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]
Why CAS challenge may deliver seismic shock to sport Sport Business The Court of Arbitration for Sport (CAS) is seen as the final authority on legal disputes in law. But a challenge could change all of that. While English sports lawyers squabble over Profit and Sustainability Regulations, Associated Party Transactions, and the never-ending legal fog surrounding Manchester City – away from the headlines, a legal battle [...]
Will NBA Europe’s format and salary cap comply with EU law? March 28, 2025 It wasn’t quite the papal white smoke, but the NBA made the clearest statement yet this week that it intends to launch a new league in Europe. In a joint appearance with the head of Fiba, basketball’s international governing body, NBA commissioner Adam Silver spoke of the “enthusiastic support” within both organisations to push ahead [...]