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      Anthropic’s growth slows ahead of IPO as AI spending bill nears $900bn

      Dario Amodei, CEO of Anthropic, speaking at a tech conference podium, wearing a suit and addressing the audience.

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      Commonwealth Games generated £223m for Scotland

      Nighttime fireworks display over a river, with colorful bursts reflecting on the water and city buildings in the background.

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      London Watch Week – The City Edition mega preview, featuring Christopher Ward, Nomos and more

      The Royal Exchange and Bank of England building in Londons financial district, with modern skyscrapers behind.

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Sport Business

  • Rising wages tip Manchester United to £27.7m Q3 loss despite post-pandemic revenue recovery

    May 26, 2022

    Manchester United made a loss of £27.7m for the three months up to the end of March, a 53 per cent increase on the same period last year, due to rising wages and unfavourable exchange rates. Revenue was up 29 per cent to £152.8m, largely due to the return of supporters to Old Trafford following [...]

  • No crackdown needed to halt spate of pitch invasions, says football crowd expert

    May 23, 2022

    Football authorities should resist pressure to implement tougher crowd control measures following a spate of pitch invasions, says a leading authority on fan disorder. Crystal Palace manager Patrick Vieira called for current safeguards to be reviewed on Sunday after Aston Villa goalkeeper Robin Olsen alleged he was attacked by Manchester City fans who flooded onto [...]

  • Kylian Mbappe: Why Paris Saint-Germain believe star’s new €105m contract will pay for itself

    May 22, 2022

    Paris Saint-Germain believe Kylian Mbappe’s lucrative new €105m contract, which helped to keep him out of the clutches of Real Madrid, will pay for itself. Mbappe signed a new three-year deal with PSG on Saturday worth around €35m a year, putting the 23-year-old France forward in the same pay bracket as team-mate Lionel Messi. It [...]

  • Football club Arsenal to donate £5 to community projects for every new shirt they sell

    May 19, 2022

    Premier League football club Arsenal have pledged to donate £5 to local community work for every new home shirt that they sell. The north London club made the promise as part of the launch of their new kit, which goes on sale today and will be worn by the team in Sunday’s final game of [...]

  • US PGA Championship: Spotlight on Tiger Woods allowing rivals to fly under the radar

    May 18, 2022

    It turns out that the Tiger Woods effect is not just for spectators, broadcasters and sponsors, according to other players at this week’s US PGA Championship.  The impact of Woods taking part in a golf tournament on attendance, viewing figures and commercial interest is the stuff of sports industry lore. But some of the field [...]

  • Chelsea directors Buck and Granovskaia set to share in £50m takeover bonus pool

    May 18, 2022

    Chelsea directors including chairman Bruce Buck and Marina Granovskaia are set to receive multimillion pound bonuses once the sale of the club is completed, according to reports. Buck and Granovskaia will share in £50m once a consortium led by Todd Boehly, part-owner of the LA Dodgers baseball team, complete its takeover, according to The Times. [...]

  • England rugby coach Eddie Jones ‘happy’ to be shadowed by successor at 2023 World Cup

    May 18, 2022

    England rugby coach Eddie Jones insists he has no problem showing his successor the ropes at the next World Cup. The Rugby Football Union is believed to want the next coach to shadow Jones for a handover period before his contract ends after next year’s tournament. Six Nations champions France implemented a similar process when [...]

  • England cricket chiefs seek fifth major hire in weeks after CEO Tom Harrison quits

    May 17, 2022

    English cricket is seeking another key hire after chief executive Tom Harrison handed in his resignation. The England and Wales Cricket Board boss is set to leave his post next month after more than seven years at the helm. Former England women’s batter Clare Connor will become interim CEO when Harrison leaves until a permanent [...]

  • Derby County takeover: Buyer Chris Kirchner exchanges contracts on deal for football club

    May 17, 2022

    Prospective Derby County owner Chris Kirchner says he has exchanged contracts on a takeover of the football club. Kirchner has been locked in talks for months with administrators, stadium owner Mel Morris and the English Football League over a deal. If completed, the transaction would bring to an end the crisis at one of the [...]

  • Major League Baseball to consider increasing number of London games to three or four

    May 13, 2022

    Major League Baseball could increase the number of games per season that it stages in London after it stepped up its commitment to the capital. MLB made its UK debut in 2019 with a double header at the London Stadium that the competition’s chiefs deemed a great success. It confirmed this week that it is [...]

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