By: Joe Hall

I'm a sports and sports business journalist with City A.M. Follow me for coverage of the industry behind sports and the money made by top athletes. I've provided expert commentary on sports business for both TV and radio, including the BBC World Service. My email is always open to tips and story ideas: joe.hall@cityam.com

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John Lewis boss Andy Street apologises for saying “France is finished”

October 3, 2014

Andy Street, managing director of John Lewis, has one piece of advice for anyone with investments in the country: Get out now. The John Lewis boss described France as "finished", saying it was "sclerotic, hopeless and downbeat", but has since apologised for his comments. According to The Times, Street made the undiplomatic remarks at the [...]
Tesco share price drops yet again as supermarket misery continues

October 3, 2014

The misery continues for Tesco as its share price dropped yet again in early morning trading. Tesco shares fell by over two per cent, before recovering slightly to a price of 176.03 pence per share – a 1.8 per cent drop. The supermarket’s stock has taken a pummelling in recent weeks, falling by [...]
How do I get a Rugby World Cup 2015 ticket? Fans who miss out in official ballot could face prices 400pc higher

October 3, 2014

Rugby fans who miss out on World Cup tickets from the official ballot could end up paying four-figure sums just to watch group games. The application period for Rugby World Cup 2015 tickets closed on Monday, leaving scores of rugby fans nervously waiting to find out if they have struck lucky later this month. [...]
76m JPMorgan customer accounts hacked in massive cyber attack

October 3, 2014

JPMorgan, America's biggest bank, has been a victim to a major data breach, affecting millions. 76m households and seven million small businesses may have had their private data compromised by the cyber attack which gathered accounts holders' names and addresses. The attack targeted users of the websites Chase.com and JPMorganOnline, and the apps ChaseMobile and [...]
Aldermore IPO to value challenger bank at around £800m

October 3, 2014

Aldermore has set a price range for its initial public offering that will value the challenger bank at around £800m. The price for the IPO will be set at between 217p and 265p per ordinary share. Trading is expected to begin as soon as 17 October. The five-year-old bank announced half-year profits of [...]
Air France pilot strike bumps EasyJet revenues by £5m

October 3, 2014

EasyJet has hiked its profit forecast for the year, seemingly benefitting from the two-week long Air France pilots' strike last month. The budget airline expects full-year pre-tax profit to be between £575m and £580m, an increase on previous estimates of between £545m and £570m. In a trading statement, EasyJet said the Air [...]
2022 Winter Olympics: Only two countries are interested in hosting the event

October 2, 2014

There is less than a year to go until the International Olympic Committee (IOC) decide who will host the 2022 Winter Olympics, yet as things stand it is not going to have much to choose from. Oslo has withdrawn from consideration after the Norwegian government rejected financial backing due to the high costs involved, [...]
Carillion trading in line with expectations as Balfour Beatty announces three new projects

October 2, 2014

The proposed mega-merger between Carillion PLC and Balfour Beatty failed to materialise, yet neither company is wasting any time licking their wounds. In August, Carillion reported a five per cent drop in half-year revenues shortly before the deal hit the rocks, but insisted it was “well positioned” to target revenue growth for the full-year. [...]
Virgin Money confirms IPO plans and looks to raise £150m

October 2, 2014

Virgin Money Holdings has confirmed its intention to float on the London Stock Exchange, as yet another “challenger” bank looks to go public. The retail bank expects to raise £150m from its initial public offering (IPO), and will use £50m of the proceeds to complete a payment owing to the UK government. Each [...]
Adidas: Real Madrid did not sell 345,000 Rodriguez shirts in 48 hours

October 1, 2014

Adidas has refuted reports that Real Madrid sold 345,000 James Rodriguez replica shirts within 48 hours of his official unveiling at the Bernabeu. After Los Blancos made the Colombian their latest "galactico" for a fee of £63m, it was widely reported that the club had sold an unprecedented number of shirts bearing the player’s [...]

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By: Joe Hall

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