Travis Perkins: Profit plunges as construction industry recovery remains sluggish Travis Perkins has reported a 99 per cent plunge in operating profit in 2024, after a torrid year for the Nottinghamshire-headquartered firm. The FTSE 250 building group reported an operating profit of £2m, down from £161m in 2023, after a 4.7 per cent revenue decline. Shares in the group fell 10.4 per cent in early [...]
Hundred: Who are winners and losers from £1bn cricket sale? Sport Business When a collective £975m valuation was placed on the Hundred this month many were surprised a competition in its infancy could fetch such a number. But the franchise competition through, largely, eight 49 per cent stakes being sold by the England and Wales Cricket Board, has exceeded expectations – around £700m was seen as a [...]
Ambanis and Boehly: Who owns the Hundred teams after £975m sale? Sport Business With the sale of Southern Brave confirmed on Wednesday, all eight of the England and Wales Cricket Board’s 49 per cent stakes in Hundred franchises have been sold. Sellers, counties and buyers will now enter into exclusive negotiations on the details but it is expected to run, mostly, without a hitch. The valuations placed on [...]
County Cricket: Division One players putting their hands up for England April 29, 2024 Has spring finally sprung? Have those April showers given way to beer gardens and champers at the cricket? Not quite. The first three rounds of this year’s County Championship have been plagued with rain delays and washout results. With 14 of the 19 Division One results ending in draws or abandonments thus far it would [...]