Mark Kleinman: A reset BP might not have drilled deep enough for activists February 27, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles activist investors drilling into BP, Ratcliffe’s cost-cutting and a big ticket auction A reset BP might not have drilled deep enough for activists Bernard’s Parable or Belated Pivot? These might be the most concise [...]
Ratcliffe calls on Europe to ditch carbon tax to save chemicals industry February 26, 2025 Sir Jim Ratcliffe has warned that Europe’s chemicals industry “faces extinction” and called on European Union leaders to ditch their carbon tax and increase tariffs to preserve it. In an open letter published on Wednesday, the founder and owner of chemicals giant Ineos launched an excoriating assessment of the EU’s approach to the chemicals sector, [...]
‘Manchester is more attractive for business students than London’ – Gary Neville’s UA92 February 25, 2025 Manchester has become a more attractive destination for business students than London, according to the boss of Gary Neville’s University Academy 92 (UA92). Chief executive Sara Prowse pointed to the city’s recent growth as well as the relatively lower costs of living and of doing business and added that Manchester is “the new, more vibrant [...]
Man Utd job losses could hit 450 as Ratcliffe swings axe again February 24, 2025 Manchester United have confirmed plans to make up to another 200 redundancies in a bid to arrest five years of continuous losses at the 20-time English champions. It comes just months after Sir Jim Ratcliffe and Ineos slashed 250 jobs at Old Trafford and could take the total number of redundancies to 450 since he [...]
Glazer answers question of whether Manchester United is for sale February 20, 2025 Manchester United co-owner Avram Glazer has given a definitive answer as to whether he would sell his share in the Old Trafford club. The Premier League club published their results this week, showing a £14.5m cost for disposing of former manager Erik ten Hag, sporting director Dan Ashworth and others. The club therefore made a [...]
Tennis sceptics have got it wrong – we need more mixed-sex sport events February 20, 2025 Some players aren’t happy with the US Open’s drastic rethink of mixed doubles, but tennis should be applauded for a move that is good for women’s sport, says Ed Warner. Even the most ardent tennis fan probably couldn’t tell you who won the mixed doubles at last year’s US Open, or any of the other [...]
Man Utd slump to another loss despite Ratcliffe cost-cutting February 19, 2025 Manchester United have suffered another financial loss after a fall in revenues that reflects the men’s team’s worsening on-field struggles. The club made a loss of £27.7m for the second quarter of their financial year, to 31 December – a 236 per cent swing into the red from the same period in 2023. For the [...]
Ahead of the Game: Tottenham in crosshairs as Ratcliffe eyes more cuts February 19, 2025 Sir Jim Ratcliffe and Ineos are set to continue cutting their investment in sport beyond Manchester United with the company’s commercial deal with Tottenham Hotspur unlikely to be renewed. Spurs signed a five-year contract with Ineos Grenadier as their official 4×4 vehicle partner in 2022, having previously partnered with Ineos Hygienics as official hand sanitiser [...]
Mercedes team reject fears of Ineos Formula 1 exit February 18, 2025 Formula 1 powerhouse Mercedes have been forced to deny that the team’s ownership could shift amid a wave of sporting cuts by co-owners Ineos. The chemicals giant, part-owned by British billionaire Sir Jim Ratcliffe, holds 33 per cent of shares in the Mercedes AMG Petronas F1 Team, with team principal Toto Wolff and the German [...]
Lessons for Man Utd from Everton’s new stadium – by the architect behind it February 18, 2025 The architect behind the new Everton Stadium on marrying history with future and why Manchester United chiefs should take note as they plot an Old Trafford rebuild. American architect Dan Meis knew he was going out on a limb when he submitted his design for Everton’s new stadium. Eschewing the trend for modern spacecraft-like arenas, [...]