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      London-based insuretech Loxa bags £2.7m to expand across Europe

      Loxa Team celebrating successful seed fundraise in their modern London office, fostering innovation and teamwork.

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Sport Business

  • US Grand Prix fined $500,000 over ‘unsafe’ end to Formula 1 race

    October 21, 2024

    United States Grand Prix organisers have been hit with a $500,000 (£384,000) fine after an early track invasion by hundred of spectators led to an “unsafe” end to Sunday’s race. An estimated 200 fans made their way into the start-finish straight at the Circuit of the Americas in Austin, Texas, as cars were still completing [...]

  • Rugby is staring into the abyss when it comes to Gen Z

    October 19, 2024

    Look at rugby in Britain today and objectively try to answer the following questions. Is it appealing to you? Is it sexy enough to invest in? Would I take my kids or young relatives to watch it? These are the questions rugby chiefs will always be grappling with, and good luck to them. But rugby [...]

  • Ed Warner: Are we witnessing the slow death of the transfer fee?

    October 17, 2024

    Football transfer fees for superstar players make headlines, but in years to come we may look back on them as a quirk of history, argues Ed Warner. Another international break in the football calendar. Time for managers to fret about risk of injury to “their” players while away on national duty. Chairmen, too, to worry [...]

  • Ahead of the Game: Manchester City row delays EFL New Deal

    October 16, 2024

    Manchester City’s ongoing legal battle with the Premier League has dealt another blow to EFL clubs, who are fearful of further delays over reaching an increased funding settlement from the top-flight which was billed as the so-called New Deal for Football.  The Premier League was pushing its members to agree an £836m package for the [...]

  • Ratcliffe calls Fergie time as Man Utd axe former manager’s £2m-a-year job

    October 15, 2024

    Ferguson will leave the role, which he has held since stepping down as manager in 2013, at the end of the season.

  • Donald Trump’s golf course in Scotland makes 11th consecutive loss

    October 15, 2024

    Donald Trump’s golf course in Aberdeenshire has maintained its positive outlook despite making a loss for an 11th consecutive year. Trump International Scotland has reported a pre-tax loss of £1.4m for 2023, having also lost £738,344 in the prior 12 months. The widening loss comes despite its turnover rising from £3.59m to £37.4m over the [...]

  • ‘Win or lose you should behave the same’ – Tanni Grey-Thompson on going from the Paralympics to parliament

    October 15, 2024

    Sport and politics are really similar, Baroness Tanni Grey-Thompson tells Michael Hayman in an interview for City AM “The moments I’ve got to bring about change could be few and far between… make the most of the time you have.” A message about the urgency of political transformation. Words that any new government should heed [...]

  • Tories hit out at government over £3bn gambling tax raid plan

    October 14, 2024

    The Conservatives have launched a barrage of criticism at the government on mooted plans for a tax raid worth up to £3bn on the gambling industry, with the shadow sports minister demanding the government “take the blinkers off”.  Shares in British gambling firms plummeted on Monday morning amid reports of the tax raid, which would [...]

  • FIfa admits it will have to rewrite football’s transfer rules

    October 14, 2024

    The European Court of Justice ruled this month that Fifa’s existing regulations do not comply with EU law.

  • How Manchester City made shareholder loans the Premier League’s new battleground

    October 11, 2024

    Amid the claims and counter-claims that spewed forth after Manchester City’s legal challenge to the Premier League’s associated party transaction rules, one fact was undeniable: shareholder loans have now joined APT, PSR and FFP in the lexicon of football fans. City’s lawyers argued that if their sponsorship deals with Abu Dhabi entities such as Etihad [...]

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