Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • Abu Dhabi Finance Week
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Hercules
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Richest women’s football teams 2026: Arsenal pip Chelsea and Barcelona

      Breaking news event with a diverse group of people discussing impactful global issues in a conference setting

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      NBA Europe open to sovereign wealth and in talks with family offices

      Getty Images logo on office building façade reflecting a modern city skyline at dusk, highlighting corporate presence and...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • New Openings
      • Toast the City Awards
      • The Magazine
      • City Winners
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Ariana Grande tickets for London musical ‘could easily go over £300’

      Breaking news event with officials at press conference addressing significant policy changes

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Readership Survey 2025
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Take 2 mins to learn more at www.coinbase.com/uk-fca-info

Richard Desmond

  • Richard Desmond’s group makes Rothschild allegation in £1.3bn National Lottery dispute

    Legal

    A high-stakes legal showdown has kicked off over the Gambling Commission’s handling of the fourth National Lottery licence, as the role of financial advisor Rothschild and its prior ties to the winning bidder take centre stage in court. Media baron Richard Desmond’s group Northern and Shell and its subsidiary, the New Lottery Company, launched legal [...]

    Richard Desmond's legal battle against Gambling Commission opened at High Court. Photo by Peter Macdiarmid/Getty Images
  • Profit surges at Richard Desmond’s empire ahead of UK lottery court battle

    Business

    Profit at Richard Desmond’s Northern & Shell has surged ahead of a battle starting in the High Court over the UK’s National Lottery. The media tycoon is taking the Gambling Commission to court in October after missing out on winning the licence to run the National Lottery in 2022. Richard Desmond’s empire is seeking for [...]

    Richard Desmond's legal battle against Gambling Commission opened at High Court. Photo by Peter Macdiarmid/Getty Images
  • Richard Desmond’s Northern & Shell back in the black after £100m loss

    Business

    Richard Desmond's Northern & Shell group surged back into the black after losing more than £100m in 2022.

    Richard Desmond's Northern & Shell has returned to profit.
  • Richard Desmond’s firm slams ‘flawed’ process that handed National Lottery to Allwyn

    June 5, 2024

    Richard Desmond's Northern & Shell group has hit out at the "seriously flawed" procurement process that handed the National Lottery licence to Czech gambling group Allwyn Entertainment, a London court heard today.

Trending Articles

  • Manchester United owner Ratcliffe cuts asking price in bid to offload club

  • Labour policy is making it harder to sell a flat in London

  • Why does no one want to buy Costa Coffee?

  • Gary’s Economics predictions are unravelling

  • Coca-Cola abandons Costa Coffee sale plans as Asda owner bids low

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City AM Curated
  • The Punter
  • City Winners
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Tickets
Copyright 2026 City AM Limited